News

CNBC Daily Open: Belgium's sweet victory, Ukraine's air battle and Le Pen's judgement day

A decisive victory for Belgium over the U.S. on the football pitch sends them to the quarter-finals amid a contentious chapter for FIFA.

India fashion retailer Trent tumbles 11% as revenue growth disappoints

Shares of one of India's biggest fashion retailers, Trent, fell over 10% after the company reported weak earnings growth.

E-bike injury payouts top £110m and push up insurance premiums

It is only seven years since the first claim over an injury from a micromobility vehicle was made.

Samsung Electronics shares fall as capex, demand concerns cloud record Q2 profit report

005930

Samsung Electronics shares fell even after record preliminary Q2 profit as capex and demand concerns clouded the outlook.

Chinese AI models are gaining ground with U.S. companies as OpenAI, Anthropic costs surge

AI, OPENAI

Recent model releases from Chinese companies including DeepSeek and Z.ai are seen by many as highly competitive compared to leading U.S. frontier systems.

Capital Group CEO Mike Gitlin on why the best career moves come before you’re ready

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Capital Group CEO Mike Gitlin joins Executive Decisions to discuss the career risks that shaped his path to the top, from family lessons in critical thinking to leaving T. Rowe Price and embracing opportunities before he felt fully ready.

BlackRock says the China AI play is stock-specific, not a regional trade

BLK, BLKN, BLK2, AI, BLKUS

BlackRock Investment Institute laid out its views Monday on the AI bubble debate.

Trump heads to Turkey as NATO is strained by Russian attacks, U.S. impatience

NATO

Trump frequently vented about NATO members' refusal to heed U.S. calls for help clearing the Strait of Hormuz during its campaign against Iran.

Hanwha Ocean shares sink 23% as it loses bid to build Canada's next fleet of submarines

Shares of Hanwha Ocean fell over 20% after the company lost the bidding war to Germany's ThyssenKrupp Marine Systems to build Canada's next fleet of submarines.

Yen pinned near 40-year low in test of Tokyo's intervention resolve

The yen weakened anew on Tuesday as traders grew emboldened to push the currency lower with no sign yet of intervention by Japanese authorities, though the risk of a surprise yen-buying move by Tokyo kept losses in check.