LONDON — European stocks opened in positive territory on Thursday. The pan-European Stoxx 600 was almost 0.3% higher at the opening bell, with all major bourses in the green but sectors mixed. Apparel companies book-ended the benchmark on Wednesday. Zara’s parent company Inditex led the benchmark after it reported strong nine-month results, closing the session 10% higher,…
Traders work on the floor of the New York Stock Exchange (NYSE) after the opening bell in New York on December 3, 2025. Timothy A. Clary | Afp | Getty Images After shaking off some of the weakness at the start of the month, markets seemed to be ready to board Santa’s sleigh, and rode…
A contrarian stock picker has said a U.K.travel, insurance and financial services company could see its share price rise more than 400% in five years. Saga plc , which targets the over-50s, is a “materially undervalued” business, according to Alyx Wood, co-founder and chief investment officer of Kernow Asset Management, who described the stock as…
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images Japan’s central bank is caught in a bind as soaring government bond yields risk upending its policy normalization process. The Bank of Japan faces a stark choice: sticking with its…
After shaking off some of the weakness at the start of the month, markets seemed to be ready to board Santa’s sleigh, and rode into a second straight day of gains this week. Wednesday’s rally was on the back of surprisingly weak private jobs data, with payrolls processing firm ADP’s November report showing 32,000 job…
Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets opened mixed Thursday, after Wall Street gained on the latest jobs data that raised hopes the Federal Reserve could cut interest rates next week. Payroll processor ADP reported that private companies cut 32,000 workers in November, compared with…
Artificial intelligence has created a device that turns moon dust into energy. The moon vacuum, which was unveiled on Wednesday by Blue Origin at Amazon‘s re:Invent 2025 conference in Las Vegas, was built using critical technology from startup Istari Digital. “So what it does is sucks up moon dust and it extracts the heat from…
OpenAI CEO Sam Altman attends an event to pitch AI for businesses in Tokyo, Japan February 3, 2025. Kim Kyung-hoon | Reuters OpenAI has entered into a definitive agreement to acquire Neptune, a startup that builds monitoring and de-bugging tools that artificial intelligence companies use as they train models. Neptune and OpenAI have collaborated on…
A person walks by a sign for Micron Technology headquarters in San Jose, California, on June 25, 2025. Justin Sullivan | Getty Images Micron said on Wednesday that it plans to stop selling memory to consumers to focus on meeting demand for high-powered artificial intelligence chips. “The AI-driven growth in the data center has led…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch As expected, Chancellor Rachel Reeves used her Budget to pour a bucket-load of tax-raising measures over the U.K. economy. One of them, though, will be of particular interest to Britain’s startup and scale-up businesses. Reeves announced…
