Edinburgh Worldwide Investment Trust, a Baillie Gifford-run technology-focused fund, is calling on shareholders to throw out a plan by Boaz Weinstein’s activist investment fund Saba Capital to overhaul its board of directors. The EWIT board said on Wednesday it would “strongly urge” shareholders to reject a plan by the U.S. hedge fund — which holds…
British oil giant BP has appointed Woodside Energy boss Meg O’Neill as its next CEO, replacing Murray Auchincloss after less than two years in the role. Auchincloss will step down today, with Carol Howle, BP’s executive vice president for supply, trading and shipping set to serve as interim CEO until O’Neill takes over the role…
European stocks are expected to open in negative territory on Thursday as traders prepare for central bank decisions today. <
The BP logo is displayed outside a petrol station that also offers electric vehicle recharging, on Feb. 27, 2025, in Somerset, England. Anna Barclay | Getty Images News | Getty Images Oil and gas major BP said it had appointed Meg O’Neill, the head of Australia’s Woodside Energy, as its CEO effective April 1 after an…
MetaX booth at the Shanghai New Expo Center in Shanghai, China, on July 26, 2025. (Photo by Ying Tang/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images It felt like déjà vu when shares of chipmaker MetaX Integrated Circuits soared 700% in its Shanghai market debut on Wednesday. Moore Threads surged over 400% on…
A view of Oracle’s headquarters in Redwood Shores, California. Justin Sullivan | Getty Images The apprehension investors have surrounding Oracle has spilled over from manifesting in its stock price — which has fallen nearly 50% from its all-time high on Sept. 10 — to affecting its projects. Asset management firm Blue Owl Capital reportedly pulled…
US President Donald Trump speaks to reporters after stepping off Air Force One at Joint Base Andrews on Dec. 17, 2025. Andrew Caballero-Reynolds | AFP | Getty Images Asia-Pacific markets tumbled Thursday as investors on Wall Street continued to rotate out of tech and markets look toward an address by U.S. President Donald Trump. The…
A trader works at the New York Stock Exchange in New York City on Dec. 17, 2025. NYSE S&P 500 futures traded near the flatline on Wednesday night as investors await inflation data that could be a catalyst for the market. Futures linked to the broad market index advanced 0.1%, while Nasdaq 100 futures added…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin falls as Wall Street rethinks some AI investments. Also, CF Benchmarks CEO Sui Chung discusses recent trends in crypto ETFs. <
Amgen is entering a pivotal period the as it moves beyond its Enbrel franchise and repositions around obesity, rare disease and next-generation oncology. While Enbrel has entered a period of decline due to Medicare pricing reform, management has demonstrated credible execution in replacing that cash flow with a higher-quality pipeline. Early success from the Imdelltra…
