London’s FTSE 100 touched a fresh record high on Friday – and some market watchers see more upside ahead for the long-maligned index, with U.S. tariffs, macroeconomic influences and outperformance in certain sectors sparking a widespread reassessment of U.K. equities. The U.K. index — home to some of the world’sRead More →
Iraq was plunged into a nationwide blackout earlier this week, as a temperature surge to 122 degrees Fahrenheit (50° Celcius) — and subsequent spiking demand for electricity — pushed the country’s faltering power grid to the breaking point. For a country that has seen as much conflict and instability asRead More →
US President Donald Trump (R) and Russia’s President Vladimir Putin speak during their meeting on the sidelines of the G20 Summit in Hamburg, Germany, on July 7, 2017 Mikhail Klimentiev | AFP | Getty Images As Russian President Vladimir Putin holds face-to-face talks with White House leader Donald Trump onRead More →
Shein’s UK sales jump 32% in 2024, fueling profit gains on Hong Kong IPO horizon Shein’s U.K. arm generated £2.05 billion ($2.77 billion) in sales in 2024, up 32.3% from 2023, according to a filing released on Friday. The online fast-fashion retailer’s pre-tax profit rose to £38.25 million in 2024 from £24.43Read More →
CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. Sign up to receive future editions. A SpaceX Falcon 9 rocket with the Crew Dragon capsule Endeavour carrying the Crew-11 mission lifts off from Launch Complex 39A at NASA’s Kennedy SpaceRead More →
A shopper carries a bag with promotional merchandise while visiting fashion retailer Shein’s Christmas bus tour, in Manchester, Britain, December 13, 2024. Temilade Adelaja | Reuters Shein’s U.K. arm generated £2.05 billion ($2.77 billion) in sales in 2024, up 32.3% from 2023, according to a filing released on Friday. TheRead More →
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, U.S., on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Don’t mix business with pleasure — or the music of the spheres might eject you from the skiesRead More →
Traders work on the floor of the New York Stock Exchange (NYSE) on August 12, 2025 in New York City. Spencer Platt | Getty Images S&P 500 futures are near flat Thursday night following the benchmark index’s third straight record close. Futures tied to the benchmark index ticked down 0.1%,Read More →
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel shares rose 7% on Thursday after Bloomberg reported that the Trump administration is in talks with theRead More →
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM Saudi Arabia’s mammoth sovereign wealth fund saw a major decline in investments in its so-called gigaprojects, amounting to an $8 billion write-down at the end of 2024 — despite assets under management reaching nearly $1 trillion, accordingRead More →
