Qantas shares jump after earnings as airline unveils new business-class seats
Qantas shares jumped 4% after the airline reported full-year earnings and introduced new business-class seats amid strong demand for premium travel.
Europe’s gas stores are running low — and prices could top 100 euros this winter
Europe’s gas stores are historically low for this time of year, as disrupted Middle East LNG flows raise the risk of sharply higher prices this winter.
Qatari PM heads to Iran to ‘de-escalate tensions’ as tanker attack tests Trump’s Hormuz claim
The Prime Minister of U.S.-ally Qatar is in Iran for talks on Thursday as part of efforts to “de-escalate tensions” between Tehran and Washington.
Japanese startups, IPOs set for boost with platform to trade unlisted companies
The Japanese regulator’s registration of a new trading platform for unlisted shares could help create a more favorable capital-raising environment for the country’s IPO ecosystem.
Z.ai shares surge 8% after releasing new AI model running only on Chinese chips
The Chinese AI company said it had already launched the model globally in stealth mode for a week.
China industrial profits growth cools to slowest in seven months as economic slowdown deepens
China’s industrial profits growth in July slowed to its weakest pace this year, as soft demand and a broader slowdown in the economy weighed on manufacturers.
Bank of Korea delivers back-to-back rate hikes as core inflation stays elevated
The Bank of Korea hiked rates by 25 basis points to 3%, its highest since January 2025 and in line with expectations.
CNBC Daily Open: Nvidia is selling more shovels than ever in the AI gold rush
Nvidia reported results that beat expectations, but it also expects revenue to grow another 70% in fiscal 2028.
Inside India newsletter: U.S., Russia vie for a bigger slice of the world’s third-largest energy market
U.S. and Russia are competing to assert dominance in the world’s third largest energy market.
Hundreds missing after flood hits Nepal-Tibet border, 157 bodies recovered
A glacier-rock collapse triggered catastrophic Nepal–Tibet border floods, killing at least 157 people and leaving hundreds of tourists missing.
