UBS veteran boss Ermotti may have pulled off the deal of the decade with the Credit Suisse rescue
After an intense weekend of negotiations in March 2023, UBS agreed to buy its embattled rival Credit Suisse. But not everyone was convinced it was a good idea.
What is mpox and why has the WHO declared it a public health emergency?
Here’s what we know about the latest mpox outbreak.
Gunmen kill at least 31 people in 2 separate attacks in restive southwestern Pakistan
In a separate attack, gunmen killed at least nine people, including four police officers and five passersby, in Qalat district also in Baluchistan, authorities said.
Who is Telegram founder Pavel Durov — and why was he arrested?
The Paris Public Prosecutor’s Office issued an arrest warrant for Durov in connection to an investigation opened on July 8.
China slams U.S. for adding firms to export control list over alleged support for Russian military
The U.S. on Friday said it is tightening export controls to “further restrict the supply of both U.S.-origin and ‘U.S. branded’ items to Russia and Belarus.”
Oil prices to remain elevated as Middle East tensions threaten a wider conflict, CBA analyst warns
Brent is forecast to trade at $75 to $85 per barrel in September due to diminishing prospects of a truce in Gaza and an expected Iranian retaliation against Israel.
Tesla’s Optimus faces stiff humanoid competition at Beijing robot conference
While Chinese companies last week showed off human-like robots playing the zither or grabbing sodas, Tesla displayed its Optimus humanoid inside a clear box.
CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’
Wall Street rallies on Powell’s rate cut signal. Intel calls in advisors for activist defense. China slams U.S. over export ban.
Reuters safety adviser killed, two journalists injured in Ukraine’s Kramatorsk
Ryan Evans, a member of the Reuters team covering the war in Ukraine, was killed, and two colleagues were injured in a strike on a hotel in Kramatorsk, eastern Ukraine.
Asia-Pacific markets mixed as Middle East tensions rise; investors assess Powell rate cut comments
China’s central bank will release its medium-term lending rate on Monday, while Singapore will publish its manufacturing data for July.
