3,000 evacuated, state of emergency declared after Ukraine’s raid into Russia
A state of emergency has been declared in Kursk following a Ukrainian incursion into the Russian border region.
CNBC Daily Open: Wall Street rebound fizzles out
Wall Street’s comeback attempt fizzles out. JPMorgan’s Dimon sees recession ahead. Warner Bros. sinks on $9.1 billion write-down.
Italy looks like fertile ground for a mega merger deal in banking
Years after a debt crisis in the region and a government rescue for Banca Monte dei Paschi, analysts are looking at Italy’s banking sector with fresh eyes.
S&P 500 notches its best day since 2022 as Wall Street claws its way back from Monday’s rout: Live updates
Stocks climbed Thursday after new labor market data boosted investors’ confidence in the U.S. economy following a sharp market sell-off earlier in the week.
Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too
By January 2025, banks and their tech suppliers will have to comply with a new EU law known as DORA. It could help prevent major IT disruptions in future.
Apple could charge up to $20 for some Apple Intelligence AI features, analysts say
Apple plans to rollout Apple Intelligence, its forthcoming AI system, across some of its devices later this year.
India’s Nifty 50 is outperforming the S&P 500 so far this year
The South Asian benchmark has surged 11.5% so far this year, outpacing the S&P 500’s 8.7% gain, and crossed the 25,000 level for the first time last week.
CNBC Daily Open: Wall Street rebound fizzles out
Wall Street’s comeback attempt fizzles out. JPMorgan’s Jamie Dimon sees recession ahead. Warner Bros. sinks on $9.1 billion write-down.
Asia markets mixed as Wall Street recovery stalls; investors assess Japan trade data
Japan’s current account surplus for June came in at 1.533 trillion yen, lower than the 1.789 trillion yen expected by economists polled by Reuters.
China will have nearly twice as many pets as young children by 2030, Goldman Sachs says
The country’s urban pet population is set to hit over 70 million by the end of the decade, while the number of children under the age of four will dwindle to less than 40 million.
