An oil tanker delivers at the oil terminal in the harbor on Oct. 10, 2016, in Kochi, India. Kaveh Kazemi | Getty Images News | Getty Images Saudi Arabia’s new mutual defense pact with Pakistan is unlikely to alter Riyadh’s energy relationship with key consumer India, a source told CNBC. Asked whether India would continue…
The Supreme Court on Tuesday dealt a rare blow to President Donald Trump by rejecting his bid to overrule a lower court order and allow the deployment of National Guard troops to the Chicago area over the objections of local and state leaders. The Trump administration asked the Supreme Court to intervene in the case…
BartekSzewczyk | Getty Images While artificial intelligence has caused turbulence in the labor market, the recent decline in job opportunities has more to do with economic uncertainty, experts say. “As we look across the broader labor market, we see that AI’s impact on the labor market has still been fairly small,” said Cory Stahle, a…
Bird’s-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images Japanese stocks jumped to a record high Monday, leading gains in the region after Japanese Prime Minister Sanae Takaichi won a landmark election victory. The ruling Liberal Democratic Party captured a two-thirds supermajority in the 465-seat lower…
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San Diego Padres reliever Yuki Matsui’s status for Japan in the World Baseball Classic could be in doubt after the left-hander ended a batting practice session early due to left groin tightness. Matsui is considered day to day with what isn’t expected to be a long-term issue coming out of Thursday’s session, but it could…
Amgen is entering a pivotal period the as it moves beyond its Enbrel franchise and repositions around obesity, rare disease and next-generation oncology. While Enbrel has entered a period of decline due to Medicare pricing reform, management has demonstrated credible execution in replacing that cash flow with a higher-quality pipeline. Early success from the Imdelltra…
Hong Kong’s stock exchange reported its highest quarterly profit in nearly four years after China’s stimulus measures boosted trading and listing volume. Bloomberg | Bloomberg | Getty Images HONG KONG — The boom in initial public offerings in Hong Kong has offered a long-awaited release valve for private equity firms sitting on aging China portfolios,…
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U.S. Attorney General Pam Bondi speaks as she announces an immigration enforcement action during her first press conference at the Justice Department in Washington, D.C., U.S., Feb. 12, 2025. Craig Hudson | Reuters Attorney General Pam Bondi has directed Justice Department prosecutors to launch a grand jury investigation of whether Obama administration officials committed federal…
