General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia Aug. 28, 2025. Stringer | Reuters U.S. decision to sanction Russia’s two largest oil companies threatens to disrupt the energy lifeline linking Moscow to its biggest customers in Asia, but without causing an immediate supply shock, industry experts told CNBC. The…
A Kia Sportage automobile in the quality control inspection area at the Kia Slovakia sro plant in Zilina, Slovakia, on Friday, Oct. 27, 2023. Bloomberg | Bloomberg | Getty Images Slovakia, a small landlocked country in the heart of Europe, faces a perfect storm as it seeks to protect its enviable automotive reputation. From the…
Thomas Fuller | Lightrocket | Getty Images Social media giant Reddit has launched a lawsuit against artificial intelligence company Perplexity, alleging that it illegally scraped user posts to train its AI model, marking the latest data-rights clash between content owners and the AI industry. The complaint filed in New York federal court on Wednesday also…
From miners to musicians, Levi’s has outfitted generations for over 170 years. But what does it take to keep an American denim icon relevant in a global, fast moving and fashion forward world? In an exclusive interview with Levi Strauss & Co.’s CEO Michelle Gass, Managing Asia’s Christine Tan heads to Tokyo, a global hub…
Bank of Korea warned there’s a chance of increased volatility following more rate hikes from the Fed, following U.S. Federal Reserve Chair Jay Powell’s speech in Jackson Hole. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s central bank kept its benchmark interest rate unchanged at 2.5% Thursday, extending a…
Asia-Pacific markets fell Thursday, tracking Wall Street’s declines on concerns about U.S.-China trade relations. Trade fears resurfaced after Reuters reported Wednesday stateside that the Trump administration is considering curbs on exports to China that are made with U.S. software, citing a U.S. official and three people briefed by U.S. authorities. The sources said that the plan,…
Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American in New York City, U.S., October 22, 2025. Brendan Mcdermid | Reuters Stock futures edged lower on Wednesday night as investors digested quarterly earnings releases. Futures tied to the Dow Jones Industrial Average fell 87 points, or nearly 0.2%. S&P futures…
Tesla is slated to release third-quarter results after the stock market’s closing bell Wednesday, and most analysts are split between cautious and optimistic toward Elon Musk ‘s flagship business. Earlier this month, the electric vehicle maker reported a 7% year-over-year jump in quarterly vehicle deliveries . Customers rushed to buy cars ahead of the expiration…
Tesla is set to report earnings after the bell on Wednesday. Here’s what analysts are expecting, according to an average of estimates compiled by LSEG: Earnings per share: 54 cents expected Revenue: $26.37 billion expected Following two straight year-over-year revenue declines, Tesla is expected to return to growth, for one quarter at least, with analysts expecting…
Brand new Range Rovers are parked outside a Jaguar Land Rover car dealership on May 8, 2025 in Taunton, England. Anna Barclay | Getty Images The hack of Jaguar Land Rover, owned by India’s Tata Motors, cost the British economy an estimated 1.9 billion pounds ($2.55 billion) and affected over 5,000 organisations, an independent cybersecurity…
