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Alibaba plunges after announcing $10.2 billion share placement to fund AI push

Alibaba shares plunged 10% after the tech giant priced a $10.2 billion share placement to fund its growing AI investments.

CNBC World - 2026-08-24 02:55:22

U.S. to unveil 'greatest financial offensive' against Iran as Tehran threatens ship seizures

The escalation came as both sides have missed a 60-day ceasefire window to reach a deal, closing off the formal truce mechanism to end the six-month war.

CNBC World - 2026-08-24 02:25:07
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Shein aims for almost $27bn valuation in 1 September stock market debut

The valuation is much lower than $100bn reached in a round of private fundraising in 2022.

BBC Business - 2026-08-24 01:23:19

CNBC Daily Open: U.S. takes aim at friends and foes alike

Washington flexes its economic power against Canada and Iran, while the bond market pressures Trump administration.

CNBC World - 2026-08-24 01:21:36

Oil prices fall as investors await 'toughest' U.S. sanctions on Iran

Oil prices fell Monday as investors awaited details of what Washington has billed as its toughest-ever sanctions campaign against Iran.

CNBC World - 2026-08-24 00:59:57
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Review launched into how pub and hotel business rates calculated

The review of how rates are calculated in England and Wales could lead to reform of the system.

BBC Business - 2026-08-23 23:26:15
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'I didn't speak the Queen's English': Why people worry about their accents

A survey on attitudes towards accents suggests that so-called "accent bias" is still an issue in many workplaces.

BBC Business - 2026-08-23 23:25:44
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Why students are being paid £2,000 to play computer games

Roehampton University offers students £2,000 a year to play esports alongside their studies.

BBC Technology - 2026-08-23 23:23:55

What's bogging down the data center trade has nothing to do with demand

The stakes are incredibly high for the U.S. to maintain its lead in data centers. It seems to be getting harder and harder in this election year.

CNBC World - 2026-08-23 22:55:14

Stock futures slip after Dow posts back-to-back weekly declines: Live updates

The Dow last week fell 0.8%, marking its second consecutive weekly pullback.

CNBC World - 2026-08-23 22:13:12

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