This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch A new year brings with it optimism for the coming 12 months The main hope for the U.K. must be that 2026 proves to be better — for the economy, households and individual businesses — than…
Painted houses and residential apartment blocks overlooking the fjord in Nuuk, Greenland, on Monday, Nov. 3, 2025. Juliette Pavy | Bloomberg | Getty Images It’s not even been a week since the U.S. attack on Venezuela, and murmurs of another potential military operation are already coming out of the White House. On Tuesday stateside, Press…
Chinese officials are reviewing Meta’s $2 billion acquisition of AI startup Manus for possible technology control violations, FT reported on Tuesday. Sopa Images | Lightrocket | Getty Images Chinese officials are reviewing Meta’s $2 billion acquisition of artificial intelligence startup Manus for possible technology control violations, the Financial Times reported Tuesday, citing two people familiar with the matter. Reuters could…
An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images State-owned refiners in India are still buying Russian oil, even as New Delhi seeks relief from U.S. tariffs imposed for those purchases, according to energy analysts. The U.S. imposed a “secondary” 25% tariff on Indian goods in…
chinese and japan flags painted on cracked concrete wall, china and japan conflict or partnership concept Mastersergeant | Istock | Getty Images China has banned exports of dual-use items to Japan that can be used for military purposes, according to a commerce ministry statement on Tuesday, Beijing’s latest move in reaction to an early November…
Sydney Opera House, designed by Danish architect Mr Jorn Oberg Utzon, at first light as the sun rises over Sydney harbor and city center skyscrapers. Ucg | Universal Images Group | Getty Images Asia-Pacific markets traded mixed Wednesday as investors parsed Australia’s inflation data. The country’s benchmark ASX/S&P 200 rose 0.38% after domestic inflation data…
New data on the shadow fleet shows an increasing number of tankers are seeking the protection of Moscow by changing their flag of registration to Russia. That trend has been further accelerated by the United States’ seizures of vessels carrying sanctioned Venezuelan oil. President Donald Trump has said U.S. oil companies will invest billions of…
Defense stocks could gain ground this year , especially as the U.S. seems poised to continue ramping up its military operations in various regions, according to Morgan Stanley. Defense firms’ products are likely to become more essential amid rising geopolitical tensions, particularly in the aftermath of a spate of recent U.S. military actions in Venezuela…
Nvidia CEO Jensen Huang speaks during the 2026 CES event in Las Vegas, Jan. 6, 2026. Bridget Bennett | Bloomberg | Getty Images Nvidia CEO Jensen Huang on Tuesday said that the company is seeing “very high” customer demand in China for its H200 AI chips, which the U.S. government recently signaled that it would…
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Elon Musk’s xAI said it raised $20 billion in a funding round, exceeding its prior target of $15 billion. CNBC reported in November that a financing would value the artificial intelligence startup at about $230 billion. After…
