Delta CEO says CrowdStrike-Microsoft outage cost the airline $500 million
Bastian told CNBC’s “Squawk Box” on Wednesday that the carrier would seek damages from the disruptions, adding, “We have no choice.”
Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’
Uber plans to use 100,000 electric BYD cars on its ride-hailing platform, starting in Europe and Latin America, the two companies announced Wednesday.
AMD jumps 5% as global chip stocks rally after earnings and geopolitics lift sector
Shares of global semiconductor firms were boosted by some positive tech earnings and a report of potentially less severe U.S. export restrictions on China.
ASML shares pop 7% after report that U.S. will exempt allies from new China chip restrictions
Reuters reported that the U.S. is considering expanding chip export restrictions to China, but countries including the Netherlands and Japan would be excluded.
Euro zone inflation rises to 2.6% in July, above expectations
Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union’s statistics agency said Wednesday.
Swiss stock exchange says trading set to resume after outage
Switzerland’s stock exchange SIX said trading was set to resume on Wednesday after it halted the market due to problems disseminating data.
U.S. crude oil jumps 4% after Hamas leader killed in Tehran
Iran’s claim that Hamas political leader Ismail Haniyeh was assassinated have rekindled tensions in the Middle East, shoring up oil prices.
CNBC Daily Open: BOJ ups rate to 0.25%; U.S. stocks fall; Starbucks’ same-store sales decline
Japan’s central bank lifted its benchmark interest rate to “around 0.25%” from the previous range of 0% to 0.1%.
Bank of England rate cut is a close call even with inflation on target
Members of the central bank’s voting Monetary Policy Committee are divided.
TikTok-owner ByteDance’s Singapore workers suffer mass food poisoning
An office of TikTok-owner ByteDance in Singapore was hit by a mass food poisoning incident on Tuesday, according to local authorities.
