News

CNBC Daily Open: Dispatch from NATO, U.S. strikes Iran and Le Pen is back

NATO

Tensions between the U.S. and its allies heat up at the NATO Summit, while a fresh wave of stikes threatens the ceasefire in Iran.

Andy Burnham's theory of devolution for Britain

The U.K.'s prime minister in waiting wants to devolve power from London to the nation’s regions. But past efforts have been anything but successful.

Airbnb data identifies illegal social home sublets

ABNB

Nearly 6,000 social homes are thought to be illegally listed on short-term rental platforms.

Lawmakers probe growing use of Chinese AI models in U.S. companies

An ongoing House Committee investigation is probing the risks involved in the rise of AI built in China.

Chinese autonomous-driving firm Momenta rises 3% in Hong Kong stock debut

Chinese autonomous driving firm Momenta debuted on the Hong Kong stock exchange on Wednesday, rising 3%.

Australia dock workers call for 28-hour week in AI talks

A union says workers are "in the crosshairs" of automation as AI is being tested across ports.

China's rare missile test will push wary Asia-Pacific countries to close ranks, analysts say

China's rare launch of a ballistic missile launch into the Pacific will push regional powers to deepen their defense ties.

CNBC Daily Open: Strait of Hormuz, Ukraine's attacks in Russia, Greenland

Geopolitics are back in focus, with the U.S. retaliating against Iran after several ships were struck in the Strait of Hormuz, and Ukraine hitting Russia.

Hundreds of jobs at risk as John Lewis plans to cut some services

HAPN

No final decision has been made but the job cuts will happen in the autumn if the redundancy plans are approved.

Oil jumps as U.S. strikes on Iran after Tehran targeted commercial ships risk fragile Mideast truce

Oil prices rose on Wednesday after the U.S. launched fresh strikes on Iran in retaliation for attacks on commercial vessels in the Strait of Hormuz.