Credit Suisse bondholders sue Switzerland in the U.S. over $17 billion writedown of AT1 debt
A group of Credit Suisse bondholders have filed a lawsuit over the Swiss government’s decision to write down the failed bank’s Additional Tier 1 debt.
U.S. economic engagement in Indo-Pacific ‘isn’t about China,’ Commerce Secretary Raimondo says
Raimondo said the U.S doesn’t stop countries in the region from deepening their own economic ties with China.
War, what war? Putin looks to woo new business partners willing to overlook its invasion of Ukraine
The days of scores of Western business leaders and heads of state attending the St. Petersburg International Economic Forum are long gone.
Weight loss drugs like Wegovy could spawn a host of new piggyback product lines
The rapid rise of weight loss drugs is generating a host of new product lines as companies hope to land on the right side of the health care disruptor.
Some workers using AI are worried that colleagues will see them as ‘lazy’ and ‘frauds,’ survey finds
Some workers using AI are worried they’ll be seen as ‘lazy’ and ‘frauds,’ a new Asana and Anthropic survey of over 5,000 workers in the US and UK found.
Cash for trash: How activists are responding to Pyongyang’s rubbish-filled balloons into South Korea
North Korean defectors, part of an activist group in Seoul, are fighting back — not with balloons filled with trash and excrement, but with K-pop and dollar bills instead.
Chinese electric car company Nio to enter Middle East this year amid global expansion by peers
Chinese EV company Nio plans to expand to the Middle East this year, and begin delivering vehicles under a third brand in the first half of next year.
China’s exports grow more than expected in May, up by 7.6%
China’s exports in May grew faster than expected, while imports missed forecasts, customs data showed Friday.
CNBC Daily Open: Roaring Kitty YouTube live
Shares of GameStop popped nearly 50% after Gill, also known as Roaring Kitty, announced plans to go live on YouTube for the first time in almost four years.
Asia markets are mixed as investors await China trade numbers, digest Japan pay data
China’s May exports are expected to climb to a 6% year on year, up from the 1.5% rise seen in April
