Euro zone inflation smashes through ECB target to 2.5% in March as energy costs soar
The increase largely reflects a sharp jump in energy prices since the U.S. and Israel launched their military operation against Iran.
CNBC’s team hears explosions in Dubai after emergency alert
CNBC’s team hears explosions in Dubai after receiving an emergency alert. Dan Murphy has the latest developments on the ground.
European defense startups eye commercial deals and hiring push in the Middle East amid the Iran war
A crop of emerging defense companies in Europe are fielding increasing interest from Middle East militaries as conflict continues in the region.
Treasury yields fall as traders weigh odds of Iran war ending, future Fed policy moves
U.S. Treasury yields edged lower on Tuesday morning, as investors continued to monitor developments in the Middle East.
Gold sees worst month since 2013 as Iran war drags on
Gold edged higher on Tuesday morning, but the metal remained on course to notch its biggest monthly decline in almost 17 years.
Nebius unveils plans to build one of Europe’s largest AI factories as region scrambles for compute
Europe is racing to create the infrastructure needed to power the AI boom.
U.S. gasoline hits $4 per gallon, highest since 2022, as Iran war drives up fuel prices more than 30%
Families are feeling the financial impact from the U.S. war with Iran as gasoline prices surge.
Unilever nears deal to merge food business with spice maker McCormick
The potential deal that would deliver roughly $15.7 billion in cash to the consumer goods giant.
CNBC Daily Open: Hegseth on the defensive
Report suggests U.S. Defense Secretary Pete Hegseth looked to make a major defense investment in the lead up to the Iran war.
Three niche commodity prices are surging. What they show about China’s grip on supply chains
In the wake of the Iran war, prices are surging for critical elements used in defense and the semiconductors that power artificial intelligence advances.
