Heavily indebted Sri Lanka votes in election to decide economic future
Millions of Sri Lankans were casting their votes on Saturday to select a president who will face the task of bolstering the South Asian country’s fragile economic recovery.
Japan top currency diplomat says watching for any build-up of yen carry trades: report
Japan’s top currency diplomat Atsushi Mimura said authorities are “always watching markets” as a renewed build-up of yen carry trades could heighten market volatility, according to public broadcaster NHK, citing him in an interview.
Qualcomm recently approached Intel about a possible takeover
If Qualcomm were to acquire Intel, it would be one of the largest technology deals on record, but would first invite hefty regulatory scrutiny.
In U.S. trade war with China, Mexico is emerging as the big winner
A CNBC analysis of trade data reveals a multi-year surge in trade between China and Mexico helping manufacturers and the supply chain avoid Trump/Biden tariffs.
With rates falling, don’t make this ‘big mistake’ with your cash
Yields are coming down now that the Federal Reserve has started its rate-cutting cycle. Here’s what experts say to do with your cash.
This power company has outpaced Nvidia, could ink next nuclear deal after Three Mile Island
The Three Mile Island restart demonstrates the growing financial opportunity that nuclear power represents for utilities and their investors.
Germany to hold onto Commerzbank stake as lender aims for independence
Germany will not sell any more shares in Commerzbank for the time being and the bank’s strategy is “geared towards independence,” the nation’s finance agency said on Friday.
American Airlines in talks to pick Citigroup over rival bank Barclays for crucial credit card deal, sources say
American has been working with banks and card networks on a new deal with the aim of consolidating its business with a single issuer, sources tell CNBC.
Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI
Constellation described the agreement with Microsoft as the largest power purchase agreement that the nuclear plant operator has ever signed.
Apple iPhone 16, Apple Watch Series 10 and AirPods 4 debut around the world
Apple greeted customers at its stores around the world on Friday, for the debuts of the iPhone 16, Apple Watch Series 10 and AirPods 4.
