The European Commission has launched three market investigations on cloud computing services by Amazon and Microsoft under the Digital Markets Act (DMA), which aims to curb the power of Big Tech and ensure a level playing field for smaller rivals. It opened two probes to assess if the companies should be designated as gatekeepers for…
Representations of cryptocurrency Bitcoin are seen in this illustration taken Nov. 25, 2024. Dado Ruvic | Reuters Bitcoin is now in the red for this year as investors continued to shed their speculative technology holdings with the cryptocurrency first among them. Bitcoin was last trading around $91,000, but earlier Tuesday touched $89,259, its lowest since…
Cloudflare store is seen at Promenade Street in Davos, Switzerland on Jan. 21, 2025. Ömer Sercan Karku | Anadolu | Getty Images Elon Musk’s X was down for thousands of users in the U.S. on Tuesday, according to outage tracking website Downdetector.com. There were more than 11,500 reports of issues with the social media platform…
An experimental Boeing 777X aircraft at the Dubai Air Show in Dubai, United Arab Emirates, on Monday, Nov. 17, 2025. Christopher Pike | Bloomberg | Getty Images Emirates is piling the pressure on Boeing to deliver on a $38 billion order placed this week, the airline’s president told CNBC on Tuesday. Speaking to CNBC at…
German Rheinmetall MAN tactical military transport vehicles parked in the Edvard Peperko military barracks. Luka Dakskobler | Lightrocket | Getty Images Shares of Germany’s Rheinmetall rose on Tuesday after the defense giant told investors to expect sales to quintuple over the next five years, boosted by robust demand for its weapons systems amid geopolitical tensions…
Oleksii Liskonih | Istock | Getty Images Japan’s fragile economy, already hurt by U.S. tariffs and declining investments in property, faces another hit due to the diplomatic spat between Tokyo and Beijing. Miffed over Japanese Prime Minister Sanae Takaichi’s comments related to Taiwan, China on Friday advised its citizens against travelling to the country. Japanese…
Dulux paint maker AkzoNobel said on Tuesday that it plans to acquire paintmaker Axalta Coating Systems in a deal that will create a combined company with an enterprise value of $25 billion. AkzoNobel shareholders are expected to own 55% of the new group and Axalta investors 45%, initially dual-listed in Amsterdam and New York before…
As concerns over a U.S. tech bubble linger, investment strategists are mapping out various diversification plays on both sides of the Atlantic to shore up portfolios against a sharp market correction. Market pros told CNBC that European equities, government bonds and value stocks all offer advantages amid valuation concerns in the artificial intelligence space. Arnaud…
Russia’s Prime Minister Mikhail Mishustin shakes hands with Chinese Premier Li Qiang during a meeting in Moscow on Nov. 17, 2025. Alexander Miridonov | Afp | Getty Images China is ready to deepen cooperation with Russia in energy, agriculture and other investments, Premier Li Qiang said during a meeting with Russian Prime Minister Mikhail Mishustin in Moscow on Monday. Li told Mishustin that China welcomes more agricultural and…
A broadcast screen at the Bombay Stock Exchange (BSE) in Mumbai, India, on April 3, 2025, displays news of U.S. President Donald Trump announcing sweeping new trade tariffs. Nurphoto | Nurphoto | Getty Images India’s goods trade deficit hit an all-time high of $41.7 billion in October as gold imports surged on festive season demand,…
