Families who lost loved ones in two crashes of Boeing 737 Max jetliners may get their last chance to demand the company face criminal prosecution Wednesday. That’s when a federal judge in Texas is set to hear arguments on a U.S. government motion to dismiss a felony charge against Boeing.…
Amazon is eliminating a program that allows members of its Prime subscription program to share free shipping benefits with people outside their household. The company began notifying users in recent days that it plans to end the Prime Invitee Program on Oct. 1, according to a notice viewed by CNBC.…
A turbulent day across Europe brought fresh inflation data from the euro area, another leadership crisis at Nestlé, a sharp warning from UK bond markets, and a broad sell-off across the continent’s equities. Here is a look at the biggest news events that made headlines across the continent.Euro-area inflation edges…
US markets opened September on shaky footing, rattled by a mix of tariff uncertainty, weak factory data, and a string of corporate headlines. Stocks drifted lower, Treasuries sold off, and the VIX- Wall Street’s so-called fear gauge jumped higher.Among the movers, Kraft Heinz shook investors with plans to split the…
US markets faced a wave of significant developments on Tuesday, spanning manufacturing data, corporate restructuring, and trade policy.Here are the important US headlines of the day: Manufacturing activity contracts again in AugustUS manufacturing activity contracted for the sixth consecutive month in August, underscoring ongoing challenges for factories facing import tariffs…
A day of high drama and unexpected developments is unfolding across the Asia-Pacific, as the international debut of Kim Jong Un’s young daughter in Beijing fuels intense succession speculation, a mysterious trading delay hits the world’s premier metals market, and a surprisingly strong economic report from Australia upends interest rate…
A profound and dramatic divergence is splitting the global financial world on Wednesday, as Asian markets defiantly break ranks with a wounded Wall Street. Instead of following America’s lead, the region is marching to the beat of its own drum, a rhythm dictated by a stunning geopolitical power play in…
Leading agricultural consultancy SovEcon has revised upwards its projection for Russian wheat exports during the 2025-26 marketing season. The firm now anticipates Russia to ship a robust 43.7 million metric tons (mmt) of wheat, an increase of 0.4 mmt from its previous forecast. This upward revision underscores Russia’s growing dominance in…
The Indian rupee edged higher on Wednesday, bucking the cautious mood in Asian markets, with traders pointing to fading bearish sentiment in the options space. The local unit was quoted at 88.00 to the US dollar, up 0.18% on the day, despite a rally in the dollar index to 98.50…
A fragile sense of calm has returned to European markets on Wednesday, with stocks staging a tentative rebound from a brutal sell-off that was driven by deep-seated fears over the region’s fiscal health. This quiet recovery is being led by a stunning display of defiance from the luxury sector, but…