Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images The U.S. Justice Department has told French law enforcement it will not assist with efforts to investigate tech billionaire Elon Musk’s social media platform X, The Wall Street Journal reported on Saturday, citing a letter from the DOJ’s Office of International Affairs,…
An American Airlines airplane lands at Los Angeles International Airport on March 7, 2026 in Los Angeles, California. Kevin Carter | Getty Images American Airlines said on Friday that it was not interested in a merger with United Airlines and had not held any such talks, diminishing prospects of an industry-reshaping deal that would face…
India’s ICICI Bank reported a stronger-than-expected rise in fourth-quarter profit on Saturday, driven by robust loan growth and lower provisions for bad loans. The country’s second-largest private lender by market capitalisation posted a standalone net profit of 137.02 billion Indian rupees ($1.48 billion) for the three months to March 31, up from 126.30 billion rupees…
Britain’s Prime Minister Keir Starmer (R) and US President Donald Trump (L) shake hands as Starmer finishes his opening statement and hands over to Trump at a Business event at Chequers, in Aylesbury, central England, on Sept. 18, 2025, on the second day of the US President’s second State Visit. Andrew Caballero-Reynolds | AFP |…
A tugboat guides the Russian oil tanker Anatoly Kolodkin as it arrives at the oil terminal in the port of Matanzas, northwestern Cuba, on March 31, 2026. (Photo by Yamil LAGE / AFP via Getty Images) Yamil Lage | Afp | Getty Images The Trump administration on Friday renewed a waiver allowing countries to buy…
A man walks among buildings destroyed in a joint attack by Israel and the United States on April 6, 2026, in Tehran, Iran. Majid Saeedi | Getty Images Policymakers around the world are closely watching developments in the Middle East as they gauge the most prudent response to the economic fallout of the war. CNBC…
Oil tankers are remaining cautious about sailing through the Strait of Hormuz after Iran declared Friday that the sea lane is open to commercial ships, video footage shows. Oil futures contracts tumbled Friday as the market interpreted the announcement from Tehran as a major breakthrough that will ease the massive disruption to global energy supplies….
Energy stocks took a hit on Friday amid falling oil prices — and that could spell a buying opportunity for certain names favored by Goldman Sachs. Iran announced that the Strait of Hormuz was ” completely open ” earlier in the day, but President Donald Trump said the U.S. blockade was still active. Oil prices…
The S & P 500 rose more than 1% Friday afternoon after Iran said it would open the Strait of Hormuz for the duration of the ceasefire between Israel and Lebanon. The ensuing surge brought the index’s gains over the past 13 sessions to more than 12%. But some investors on CNBC’s “Halftime Report” on…
South Korea’s Kospi index was the best-performing major equity market of 2025, notching a 75% return over the year largely thanks to blockbuster demand for its domestic memory chipmakers. Since then, the index has rallied a further 40%, with April’s performance erasing March’s heavy losses felt during the depths of the Iran conflict. But South…
