The disruption of Middle East energy supplies due to the Iran war is pushing global oil and gas prices higher, a development that could strengthen Russia’s finances and indirectly support its war effort in Ukraine.Rising energy prices are increasing the revenue Russia earns from oil and gas exports – a key pillar of the Kremlin’s…
Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on September 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom is set to report fiscal first-quarter results after market close on Wednesday. Here’s what analysts polled by LSEG are expecting: Earnings per share: $2.03 adjusted Revenue: $19.18 billion At that…
The rupee fell to a fresh low of 92.30 against the dollar on Wednesday, weighed down by escalating geopolitical tensions in West Asia that led to a surge in crude oil prices, stoking inflation concerns. Â The local currency recouped some losses by the end of trade to settle at 92.15 per dollar,…
The President of the Government, Pedro Sanchez, speaks during the official opening dinner of the Mobile World Congress (MWC) Barcelona 2026, at the Museu Nacional d’Art de Catalunya, on 1 March 2026, in Barcelona, Catalonia, Spain. Europa Press News | Europa Press | Getty Images Spanish Prime Minister Pedro Sánchez on Wednesday doubled down on…
Good morning. For corporate America, tariffs have shifted from policy experiment to structural reality. The Supreme Court’s ruling on the International Emergency Economic Powers Act (IEEPA) may open the door to refunds, but it also resets the rules yet again. Companies like FedEx sued for a full refund following the court’s decision, and Costco sued…
Benchmark indices Sensex and Nifty ended sharply lower on Wednesday, tracking weakness in Asian markets as escalating tensions in West Asia pushed crude oil prices higher and weighed on investor sentiment.The 30-share BSE Sensex fell for the fourth consecutive session, dropping 1,122.66 points or 1.40 per cent to close at 79,116.19. During the day, the…
James Watt apologises to staff and investors after hundreds of jobs were lost with the sale of the brewer and pub chain. Source link
The Xiaomi 17 Pro Max rear display flagship smartphone by Xiaomi displayed at Mobile World Congress in Barcelona, Spain, on March 3, 2026. Joan Cros | Nurphoto | Getty Images BARCELONA — Xiaomi plans to launch a new smartphone processor chip every year, the company’s President Lu Weibing told CNBC, underscoring the company’s ambition to…
Across the United Kingdom, residential developments are undergoing a quiet but powerful transformation. Location and design still matter, but today’s residents expect far more than attractive façades and communal lounges. They want technology-driven convenience, seamless services, and amenities that simplify daily life. Smart amenities are no longer niche features reserved for luxury towers in London….
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch It was no surprise, when equity markets first reacted to news of the strikes on Iran, that the U.K.’s FTSE 100 fell by less than all of its major continental European peers. What is often seen as the Footsie’s weakness…