Before the Middle East war, the Gulf had positioned itself to become one of the world’s busiest hubs for conferences, exhibitions, and high‑level events. The United Arab Emirates, Saudi Arabia and Qatar have each worked hard to be seen as the crossroads for business, politics and innovation, hosting global sporting events from Formula 1 to…
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Monday’s relief rally in response to a delay to U.S. strikes on Iranian energy infrastructure offers an opportunity for investors to rotate into defensive assets, according to UBS analysts. UBS says it remains “positive” on equities overall but the bank has now issued a downgrade on European and Indian equities, both of which it now…
Napoli striker Romelu Lukaku has withdrawn from Belgium’s friendlies in the United States to get fitter. Lukaku has been sidelined for months by a hamstring injury and lacks playing time with his club. He preferred to use the international break to work on his fitness, the Belgian federation said on Tuesday. Belgium already ruled Club…
With the Iran war in its fifth week, consumers are getting hit hard by surging energy costs. Now, some lawmakers are warning of the potential for price gouging, even as experts point to extreme supply shocks. Traffic through the Strait of Hormuz, a critical maritime shipping route for global oil supplies, remains effectively at a standstill, causing the biggest…
President Donald Trump speaks during a ceremony for newly sworn in Secretary of the Department of Homeland Security Markwayne Mullin in the Oval Office at the White House in Washington, March 24, 2026. Chip Somodevilla | Getty Images Hello, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily…
The Baltimore Ravens’ concerns about edge rusher Maxx Crosby’s health before nixing their deal with the Las Vegas Raiders were apparently more about his long-term durability rather than his viability for the 2026 season. Baltimore discovered that Crosby had a “degenerative knee issue” that would cause issues beyond the 2026 season during its medical exam…
Will & Deni Mcintyre | Corbis Documentary | Getty Images The SAVE plan is officially defunct, but millions of student loan borrowers remain enrolled in the program — a decision that may cost them greatly. After lengthy legal battles, a federal appeals court earlier this month ordered the end of the Saving on a Valuable…
Gold bars are stored in a safe deposit room in Munich, Jan. 28, 2026. Angelika Warmuth | Reuters Gold prices climbed on Wednesday as declining oil prices helped temper worries about persistent inflation, following reports that Washington is working on a proposal to end the Middle East conflict. Spot gold prices were last up 2.56%…
Arda Kucukkaya | Anadolu | Getty Images Meta is granting stock options to key leaders in an effort to retain talent as pressure intensifies on the company to bolster its position in artificial intelligence. The executives in the incentive plan include CFO Susan Li, technology chief Andrew Bosworth, Chief Product Officer Christopher Cox and operating…
