View of the Skytree from Ueno and Asakusa in Tokyo Jackal Pan | Moment | Getty Images Asia-Pacific markets were set to open mixed Thursday, following mixed trading on Wall Street as investors kept an eye on the U.S. government, which appeared poised to reopen as soon as the end of the week. Japan’s benchmark…
The chief executive of British power firm SSE says a rapid build-out of renewable projects can help the U.K. to secure its energy security and bring costs down for consumers. Lindsey Parnaby | Afp | Getty Images British utility SSE unveiled a 33 billion pound five-year investment plan on Wednesday, including a 2 billion pound…
Chuck Robbins, Cisco CEO, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC Cisco reported better-than-expected profit and revenue for its fiscal first quarter on Wednesday. The stock rose about 5% in extended trading. Here’s how the company did in comparison with consensus…
An aerial view of a housing development on Aug. 8, 2025 in Las Vegas, Nevada. Justin Sullivan | Getty Images As the housing market heads into its traditionally slowest season, homebuyers are making one last gasp, likely due to more supply on the market and softening prices. Mortgage applications to purchase a home rose 6%…
A man pushes a trolley inside a supermarket in Mumbai, India, on September 7, 2025. (Photo by Indranil Aditya/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images India’s consumer inflation cooled to 0.25% in October, strengthening hopes of more policy easing by the Reserve Bank of India. The headline inflation number was below estimates…
Blue Whale Capital’s Stephen Yiu is positioning for further upside in gold despite the recent price pullback, and has named the world’s largest gold miner Newmont as a key portfolio pick. Yiu, chief investment officer of the Blue Whale Growth Fund, on Tuesday acknowledged that the firm could be “a bit late to the party”…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Cultural shifts are subtle yet fundamental for any company aiming to succeed beyond its home market. When I visited Chinese electric car company Xpeng‘s new…
Private equity firms are facing a new reality: a growing crop of companies that can neither thrive nor die, lingering in portfolios like the undead. These so-called “zombie companies” refer to businesses that aren’t growing, barely generate enough cash to service debt and are unable to attract buyers even at a discount. They are usually trapped…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch Last Friday brought investors in Rightmove a new and unwelcome experience — a violent stock price correction. Shares of the U.K.’s biggest property portal, which hit a record in late July, fell by 28% at one…
European stocks are seen opening broadly higher on Wednesday, maintaining positive momentum seen earlier this week. <
