Oil giant Saudi Aramco’s second-quarter profit dips 3% on lower crude production volumes
Saudi Aramco reported $29.1 billion in net profit for the second quarter, a dip of 3% from the same period last year as production volumes remained low.
India’s ultra-wealthy club is booming — here’s where the country’s rich are investing
India is expected to see the fastest growth in ultra high net worth individuals globally over the next few years, a Knight Frank report forecasts.
UNESCO uses emergency procedure to name Gaza site to both its ‘World Heritage’ and ‘In Danger’ lists
The decision to inscribe the Saint Hilarion Monastery/Tell Umm Amer to both lists reflects the site’s inherent value and need for protection, UNESCO said.
CNBC Daily Open: Dow sheds 1,000 points
S&P 500 posts worst day since 2022 in global market sell-off. Google loses antitrust case. Bitcoin tumbles
Japan’s Nikkei sees best day since October 2008; logs record single-day jump in points
The rebound follows a sharp sell-off in the U.S. with the Dow and the S&P 500 notching their worst sessions since September 2022.
Moving out of cash? These are the top-performing fixed income funds so far this year
Get out of cash — that’s what many on Wall Street have been saying since expectations of rate cuts started rising earlier this year.
‘Hot money is saying sayonara’: Japan fund manager names outperforming sector to buy amid sell-off
The ETFs and stocks named by the fund manager have significantly outperformed.
CrowdStrike is sued by fliers after massive outage disrupts air travel
CrowdStrike’s legal troubles from last month’s massive global computer outage deepened on Monday, as the cybersecurity company was sued by air travelers whose flights were delayed or canceled.
U.S. personnel wounded in attack against base in Iraq, officials say
At least five U.S. personnel were injured in an attack against a military base in Iraq on Monday.
San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
Progress on inflation and a clear slowdown in hiring likely will drive the Fed to some extent of policy easing, Daly said Monday.
