Marc Rowan, chief executive officer of Apollo Global Management LLC, during a Bloomberg Television interview in New York, US, on Tuesday, Dec. 5, 2023. Jeenah Moon | Bloomberg | Getty Images Apollo, the asset management giant, told investors in its flagship private credit fund that it will limit withdrawals this quarter to just under half…
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. Like what you see? You can subscribe here. The big story China is taking a lean and mean approach to artificial intelligence as the tech rivalry with the U.S. intensifies. In the…
Yvette Cooper, UK foreign secretary, delivers the opening remarks as she chairs a virtual meeting to discuss the re-opening of the Strait of Hormuz, in London, UK, on Thursday, April 2, 2026. Bloomberg | Bloomberg | Getty Images U.K. Foreign Minister Yvette Cooper is expected to call for unhindered access through the Strait of Hormuz…
Fire breaks out at the Shahran oil depot after U.S. and Israeli attacks, leaving numerous fuel tankers and vehicles in the area unusable in Tehran, Iran, on March 8, 2026. Anadolu | Anadolu | Getty Images Japan’s Nikkei 225 and South Korea’s Kospi both plunged over 6% in early trade Monday, leading a broader regional…
The demand for power consumed by data centers is expected to more than double from 292 terawatt-hours (TWh) in 2026 to 606 TWh by 2030, according to McKinsey & Company. In percentage terms of total U.S. power demand, that’s a jump from 6.5% in 2026 to 11.7% by 2030. If you think that’s an overly…
Social Security provides nearly 74 million Americans with a vital source of funding. Nearly two-thirds (63%) of recipients say they rely on their checks for at least half of their personal income, according to the Pew Research Center, and more than a quarter (27%) describe it as their sole source of income. Since 1984, Social…
Dylan Field, co-founder and CEO of Figma, appears on the floor of the New York Stock Exchange in New York on July 31, 2025. Figma shares surged as much as 229% after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company far above…
Joshua Kimmich and Germany now know their path to glory in the 2026 FIFA World Cup final after learning their group stage opponents, which stadiums they will play at, and the times for the games. When is the World Cup? How to Watch? The World Cup will run from June 11–July 19, 2026. Spread across…
Joan Laporta has labelled Barcelona star Lamine Yamal a “genial” talent, insisting the 17-year-old has no ceiling. Laporta, currently running for re-election as president of the Catalan club, praised the winger’s extraordinary maturity as he continues to spearhead the club’s new era under Hansi Flick. A generational talent emerging Laporta has expressed his immense admiration…
Nvidia-backed video generation startup Luma AI is joining a growing wave of U.S. tech companies launching operations in the U.K., with major plans for a London expansion revealed on Tuesday. The Palo Alto-headquartered startup will look to hire around 200 employees — making up around 40% of its workforce — at its new London base…
