News

Ubisoft shares plunge 16% after Assassin’s Creed maker warns of annual profit loss

Ubisoft shares plunged on Thursday after the Assassin's Creed maker warned of further losses this year.

Iran reviews U.S. peace proposal as Trump says he’s willing to wait 'a few days'

It comes after President Donald Trump said he was prepared to wait a few more days to "get the right answers" from Tehran.

Chris Mason: Reeves' summer savings drive won't stretch to energy bills

The chancellor is announcing measures aimed at easing the cost of living - but no help yet with energy bills.

Inflation fears are rippling through industrial metals. Here's where prices could go next

The moves came amid broader volatile trade in global bond and equity markets, faced with fears of resurgent inflation.

CNBC Daily Open: Nvidia aims to have its 'five layer cake' of AI and eat it too

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Nividia CEO Jensen Huang tells CNBC the company is massively expanding its supply chain to meet AI demand.

Treasury yields resume climb as traders monitor inflation risks

Borrowing costs edged higher Thursday as investors eye ongoing inflationary pressures in the U.S. economy.

Japan’s megabanks post record profits, but analysts warn growth may slow as risks mount

Japan's largest lenders may face some challenges to keep profit levels at record highs, amid higher credit costs and current geopolitical risks

Elon Musk's X fined for not complying with Australia's child protection laws

The social media giant will pay A$650,000 plus legal costs, ending a three-year legal saga.

Three key takeaways from Putin's Beijing trip — and what they reveal about China-Russia ties

Putin left Beijing with declarations of enduring friendship with China and a stack of bilateral agreements — but without the energy breakthrough Moscow desperately sought.

The young people rejecting a bank-breaking prom

Teenage entrepreneurs at Huntington School change the way pupils shop for a prom dress.