Bezos brushes off concerns of an AI bubble: ‘You shouldn’t worry about it’
Amazon founder Jeff Bezos shrugged off concerns of a looming AI bubble, saying the massive investments will ultimately drive the technology forward over time.
AllianceBernstein reveals its top defense stock pick as Europe’s military manufacturers retreat
Budget uncertainty and “procurement bureaucracy” have hindered Europe’s defense sector this year, AllianceBernstein said.
EU clears major hurdle to finalize U.S. trade pact — and sidestep Trump tariff hikes
European Commission President Ursula von der Leyen on Wednesday welcomed a provisional agreement on legislation to remove import duties on U.S. goods.
UK inflation rate eases to 2.8% in April, but slowdown is expected to be short-lived
Economists polled by Reuters had expected the inflation rate to drop back to 3%, cooling from 3.3% in March.
U.S. indicts four Chinese container manufacturers alleging pandemic-era price-fixing cartel
China International Marine Containers, Singamas Container Holdings, Shanghai Universal Logistics Equipment, and CXIC Group Containers colluded to cut container output: DOJ
CNBC Daily Open: Stocks yield to bond market pressure
Market commentators are concerned that equity markets may struggle to ride out the bond market storm with yields at current levels.
Stocks under pressure as correction fears grow and record rally defies geopolitical turmoil
“‘The pendulum could swing backwards,” analysts said on Tuesday amid mounting warnings that equities could soon change course.
CNBC’s UK Exchange newsletter: From Manchester to Westminster? Britain’s potential next PM comes under scrutiny
As Greater Manchester Mayor Andy Burnham looks to replace U.K. Prime Minister Keir Starmer, his record in office is receiving attention.
Putin-Xi talks revive stalled Russian gas pipeline as Iran war rattles energy markets
Putin is expected to hold talks with Chinese leader Xi Jinping on Wednesday, with the long-stalled Power of Siberia 2 natural gas pipeline topping the agenda.
