News

UniCredit CEO tells CNBC full acquisition of Commerzbank could happen in fourth quarter

HAPN

UniCredit CEO Andrea Orcel told CNBC Thursday that the Italian bank could "potentially" acquire Commerzbank in the fourth quarter.

Houthis claim strikes on Saudi Arabian oil tankers in Red Sea as Iran conflict expands

Yemen's Houthis said they had targeted two Saudi Arabian oil tankers with drones and missiles for allegedly violating its maritime blockade.

CNBC Daily Open: Spending shock disappoints Wall Street

TSLA, TSLAN, TSLACL, TSLACO, GOOGL, GOOG, 1TSLA, 4TSLA, 0R0X, TL0, TL0D, A1CX3T, TSLAUS, TSLA1, TSLA0

Massive spending increases from heavyweights Alphabet and Tesla keep investors on edge, sending shares lower during the U.S. session.

'Project Firepower': Inside Rheinmetall's gunpowder expansion as Europe races to replenish its ammunition

Scarcity of gunpowder is seen as a choke point for ramping up production of ammunition for militaries, and a barrier for Europe to ensure defense sovereignty

Big bosses reveal the secret to getting hired

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Business leaders share their best career advice and the qualities they look for when recruiting new staff.

Firm hacked by rogue OpenAI models says it is 'a wake up call'

OPENAI

Co-founder of start-up Hugging Face told the BBC that most firms are not aware that the "game has changed".

Hedge funds circle UK stocks as new PM Andy Burnham pledges 'new economic model'

Prime Minister Andy Burnham's overhaul of Britain's domestic policy could fuel a range of trading opportunities in U.K. stocks.

Silver and gold prices stage a cautious rebound — but analysts see slim hopes for a sustained rally

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Precious metals have rallied in recent days, but analysts say prices could face a difficult path back to all-time highs achieved earlier this year.

Gen Z protests led by India’s 'Cockroach party' are testing Modi’s leadership

Student protests organized by a pseudo-political outfit, Cockroach Janta Party, are gaining momentum as they challenge the political establishment.

Chip firm priced as China's most valuable company before its IPO brings scrutiny to crypto platform

IPO

The outsized premium was due in part to offshore investors who, locked out of the highly anticipated listings, turned to crypto for a parallel market.