Nvidia H100 chips inside a server room at the Yotta Data Services Pvt. data center, in Navi Mumbai, India, on Thursday, March 14, 2024. Dhiraj Singh| Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to…
Jimmy Lai, the 76-year-old founder of the now-defunct Hong Kong tabloid Apple Daily, is taking the stand on Wednesday in a national security trial that may see him sentenced to life imprisonment. He is accused of colluding with foreign forces by using his media platform to oppose the government. This is his first time testifying…
TOKYO, JAPAN – 2024/10/11: Logo at the Seven & i Holdings headquarters in Tokyo. Sopa Images | Lightrocket | Getty Images Shares of 7-Eleven owner Seven & i soared nearly 11% on Wednesday after a report said the company’s founding family was raising more than $50 billion to take the company private within this fiscal…
US media giant Comcast is set to spin off its NBCUniversal cable television arm, as the industry continues to struggle with the emergence of streaming giants like Netflix and Amazon Prime. The BBC understands that the plan – set to be announced on Wednesday – is to create a new company that will include channels…
Prices on displayed in a New York grocery store on Feb. 1, 2023. Leonardo Munoz | Corbis News | Getty Images Donald Trump’s proposed tariffs will dent U.S. economic growth going into 2026, said Morgan Stanley’s chief global economist Seth Carpenter. President-elect Trump has stated that he intends to impose a blanket tariff of 10%…
Hip-hop mogul Sean “Diddy” Combs is currently in federal custody awaiting trial on charges of racketeering and sex trafficking. His arrest in New York came amid a series of civil suits alleging sexual assault and physical violence, some going back to the 1990s. More than two dozen people have filed lawsuits against the rapper, accusing…
A New York priest who let popstar Sabrina Carpenter film provocative scenes for a music video inside his church has been accused of mismanagement and stripped of his duties. Monsignor Jamie Gigantiello was relieved of “any pastoral oversight or governance role” at the church, the Roman Catholic Diocese of Brooklyn said in a statement. Church…
Getty Images Pollution has disrupted transport services in Delhi Winter has come to Delhi and with it, a familiar sense of gloom. The sky here is grey and there is a thick, visible blanket of smog. If you stay outdoors for more than a few minutes, you can almost taste ash. You will feel breathless…
Reuters Diddy is facing both civil and criminal lawsuits in the US Sean “Diddy” Combs has been breaking prison rules by contacting potential witnesses in his upcoming sex trafficking trial, prosecutors have alleged. The music mogul is accused of making “relentless efforts” to “corruptly influence witness testimony”, by using other inmates’ telephone accounts, and using…
There’s an old Wall Street phrase, “news follows the tape.” It means that stock price movements often occur before news is widely known. That’s been happening to stocks. The S & P 500 has been drifting lower for a week. It’s been drifting lower on valuation concerns, concerns on potentially fewer rate cuts, stickier bond…
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