News

CNBC Daily Open: Can he Healey the British economy?

Britain's new Prime Minister, Andy Burnham, names former Defense Secretary John Healey as Chancellor of the Exchequer in a suprise move.

VAT to be cut from household electricity bills in October

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The announcement comes less than a day after Burnham became the UK's seventh prime minister since 2016.

Iran War update: Five things to know after the resumption of hostilities

It's been 10 days since U.S. President Donald Trump declared the ceasefire with Iran "over." Here's what you need to know about the conflict.

Dad facing difficult summer as food donations plunge

Food banks and community larders are warning of an uncertain future.

Families skipping meals during holidays - charity

FareShare Sussex & Surrey says it is facing a "mountain" of need over the school holidays.

Kospi to 10,000: South Korean equities poised to rebound after brutal sell-off, says Citi

Crucially, the analysts are maintaining a price target of 10,000 for the index, which would mark an increase of over 50% from Monday's closing price. 

Inflation fears are back in the spotlight as the Middle East conflict keeps oil prices elevated, analysts say

Inflation fears are back in focus amid worries over escalating tensions between the U.S. and Iran in the Middle East conflict which has kept oil prices elevated

Dimitri de Vreeze helped build DSM’s materials business. Then he had to sell it

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After more than three decades at science-based firm DSM, Dimitri de Vreeze faced what he calls the hardest decision of his career: selling the materials business where he had grown up professionally. In this episode of "Executive Decisions," the DSM-Firmenich CEO reflects on why the decision made strategic sense, even as it felt deeply personal, and how it shaped his view that success is not a finish line.

Ships shun Strait of Hormuz as renewed fighting strains key oil corridor

Vessel traffic through the Strait of Hormuz has slumped since U.S. President Donald Trump's blockade took effect last week.

U.S. condemns China's 'dangerous and aggressive' acts after Philippine sailor injured at disputed shoal

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The flare-up came before Rubio is expected to visit Manila for meetings of Southeast Asian foreign ministers, with Chinese diplomat Wang Yi also in attendance.