Daimler Truck falls 4.7% in pre market on key forecast cut Daimler Truck has cut key forecasts, citing market weakness in North America. The German firm now expects full year adjusted profit of between 3.6 and 4.1 billion euros ($4.7 billion), reflecting a drop of as much as 23 percent. The group also lowered is…
CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. Portrait of astronaut in space suit and helmet. Nisian Hughes | Stone | Getty Images Overview: You’re in or you’re out There’s an air of ‘been there, done that’ about…
Kuaishou’s Kling AI platform generates video from text and still images. Nurphoto | Nurphoto | Getty Images BEIJING — China’s video-heavy entertainment world has yielded a trove of data for companies — and they’re now ramping up money-making artificial intelligence tools for generating ads and film clips. TikTok parent ByteDance holds the first and third…
President Donald Trump speaks alongside Secretary of Commerce Wilbur Ross. Saul Loeb | AFP | Getty Images U.S. President Donald Trump on Thursday stateside rejigged the so-called “reciprocal” tariff rates for several countries, ahead of the Friday deadline announced earlier. The White House also announced a 40% tariff rate for all goods transshipped to avoid…
Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President Donald Trump warned countries not to purchase oil from Moscow, industry sources said. India, the world’s third-largest oil importer, is the biggest buyer of seaborne Russian crude, a vital revenue earner for Russia as it wages war in Ukraine for a fourth year. The country’s state refiners – Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical…
Trade tensions are rising, forcing top executives to rewrite the rulebook on how their companies operate, where they invest and what customers buy. In interviews with CNBC this earnings season, CEOs across industries — from aluminum and aerospace to chocolate, banking, telecoms, and energy — sent a clear message: tariffs are no longer just a political…
Here are the opening calls for the day Good morning from Singapore and happy Friday. Investors are assessing the U.S.’s latest tariff developments. They will also be keeping a watch on Japan’s jobs data for June and manufacturing data points for July from several countries in the region. Japan’s benchmark Nikkei 225 was set to open lower,…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 30, 2025. Jeenah Moon | Reuters S&P 500 futures were little changed on Thursday night as traders digested the latest Big Tech earnings and awaited July’s jobs report. Futures tied to the broad market index were…
Some libraries aren’t just places to borrow books — they’re destinations with deep history and architecture that tell stories beyond the pages. The 1000 Libraries Awards 2025 highlights some of the most beautiful libraries and bookstores globally, according to 200,000 online voters. The organization, 1000 Libraries, began as a blog and has since grown into…
The euro has tumbled more than 2% against the U.S. dollar since the European Union struck a framework trade deal with the White House over the weekend, raising questions over whether its massive rally this year against the greenback has run its course. However, market watchers told CNBC that while the euro may have further…
