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Major data center company pauses investment decisions in Middle East amid Iran war, CEO tells CNBC
33+ min ago (464+ words) A major data center company has paused investment in AI infrastructure projects and data centers in the Middle East amid the Iran war, its CEO has told CNBC. As oil prices have skyrocketed and supply chains have been heavily disrupted…...
UBS profits rocket 80% to $3 billion for first quarter beat
24+ min ago (131+ words) CNBC UBS generated a net profit attributable to shareholders of $3 billion for the first quarter, up 80% year-on-year and surpassing the $2. 8 billion estimated by analysts, according to an LSEG-compiled consensus poll. The Swiss banking and asset management giant's common equity tier…...
Trump draws criticism from MAHA base over weed killer glyphosate
4+ hour ago (71+ words) The Supreme Court is considering arguments around the broadly used herbicide glyphosate, which is sold by Bayer subsidiary Monsanto as "Roundup." The case will determine whether state laws preempt federal regulations on labeling health risks allegedly associated with glyphosate. In…...
Google News
1+ hour, 17+ min ago (14+ words) The UAE's shock OPEC exit is not without precedence. Who could be next? CNBC...
Final Trades: Apple, Waste Connections, Synopsys and Coca-Cola
8+ hour, 26+ min ago (18+ words) CNBC Final Trades: Apple, Waste Connections, Synopsys and Coca-Cola...
Freedom Capital's Jay Woods on Applied Digital: Selloff presents a buying opportunity
6+ hour, 15+ min ago (24+ words) CNBC Freedom Capital's Jay Woods on Applied Digital: Selloff presents a buying opportunity...
Race Capital's Alfred Chuang: tech cannot reinvent itself without bubbles, and this is a large one
1+ hour, 35+ min ago (33+ words) CNBC Race Capital's Alfred Chuang: tech cannot reinvent itself without bubbles, and this is a large one...
Purdue Pharma receives $5. 5 billion sentence, paving way for opioid settlement
4+ hour, 10+ min ago (636+ words) The sentencing in New Jersey federal court clears the'way'for the company to dissolve in bankruptcy and use its assets to fund a'$7. 4'billion'settlement'intended to compensate people harmed by the'opioid'epidemic. Before accepting the'plea deal, U. S. District Judge Madeline Cox Arleo in Newark…...
UAE leaving OPEC does not change energy market fundamentals, says RBC's Helima Croft
10+ hour, 58+ min ago (26+ words) CNBC UAE leaving OPEC does not change energy market fundamentals, says RBC's Helima Croft...
U. S. warns banks of sanctions risk over China "teapot" refineries handling Iranian oil
2+ hour, 4+ min ago (499+ words) The U. S. Treasury warned financial institutions Tuesday that they could face sanctions if they engage in dealings with Chinese refineries that process Iranian oil. The Treasury urged financial institutions in a statement to avoid facilitating transactions involving independent refineries, known as…...