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Author: James Harden
Smoke rises from the area of the Russian oil producer Gazprom Neft’s Moscow oil refinery as seen from Dzerzhinsky in the Moscow region on September 20, 2026.AFP | Getty ImagesRussia’s ruling United Russia party is on track to comfortably win a tightly controlled wartime election after Ukraine launched what is thought to be the largest drone attack on the Moscow region on the last day of voting.United Russia, which is supported by Russian President Vladimir Putin, received 57.5% of the parliamentary vote with more than 71% of the ballots counted, data from the Central Election Commission showed. It is the…
French soccer champion Kylian Mbappé has told CNBC he was ready for “change” after ending an almost 20-year association with Nike and entering a deal with Swiss sportswear brand On. On, a new entrant in the soccer market, announced Friday that it will be working with Mbappé to design high-performance footwear and apparel. The French player, who has been associated with Nike since childhood, chose not to renew his deal with the sportswear giant.On also announced that retired player and commentator Thierry Henry would join as its new director of football and FC Barcelona player Sydney Schertenleib would help develop…
For millions of Kyiv residents, plumes of smoke over the city, the rattle of anti-air fire and sporadic gaps on supermarket shelves have become reminders of Russia’s new air campaign targeting Ukraine’s economy.Missiles and new jet-powered drones hit shopping malls, warehouses and distribution centres in late August and early September, disrupting companies including major Ukrainian retailers, publishing houses, pharmaceutical groups and Nova Poshta, the country’s biggest private postal carrier.“Russia wants to kill the Ukrainian economy and, through that, break our resistance,” President Volodymyr Zelenskyy said last week.The strikes have also caused the first supermarket shortages in Kyiv since the early…
Volkswagen shares dipped on Monday after another profit warning issued by the embattled German carmaker was followed by its departure from Europe’s blue-chip index. Shares were 0.5% lower in mid-morning deals, extending Friday’s 8.3% decline after Volkswagen downgraded its expected operating return on sales to 1%, from a previous forecast of 4% to 5.5%. It blamed an impairment related to its large holding in Porsche, a “further deterioration” in the market environment — particularly in China — and restructuring expenses.”An accelerated shift in demand in favor of battery-electric vehicles … will lead to developments falling short of original expectations, especially…
Men hoist a Greenlandic flag near polling stations, in Nuuk, Greenland, on March 24, 2026 during the parliamentary election in Denmark.Florent Vergnes | Afp | Getty ImagesShares of U.S.-listed companies exposed to Greenland surged on Monday after the U.S. and Denmark reached a deal regarding security arrangements on the Arctic territory.Shares of Greenland Energy soared more than 141% during premarket trading, with Greenland Mines seen up nearly 70% and Critical Metals Corp more than 30% higher. The agreement, which is expected to be signed during the United Nations General Assembly this week, sees the U.S., Denmark and Greenland enter into…
Employees work on the trading floor at the Genial Investments headquarters in Sao Paulo, Brazil, on Wednesday, Aug. 5, 2026.Victor Moriyama | Bloomberg | Getty ImagesAs measured by the iShares Latin America 40 ETF (ILF), the region is handily beating the S&P 500 year to date, up 15% compared to the S&P’s 11% move. It’s up more than 70% since late 2024. Can it continue? In a new report from Citi, Chief Latin America Economist Ernesto Revilla answers with a qualified yes — only if the countries seize the moment. “Latin America is poised for take-off. Or to be more…
Investors have been grappling with stock market volatility, weighing elevated oil prices, persistent geopolitical tensions, the Federal Reserve’s rate hike and a debate about AI safety. For all that, it helps to look beyond short-term noise and focus on stocks with strong long-term growth potential.Top Wall Street analysts’ recommendations can help investors gain clarity, as these experts conduct in-depth research to pick stocks with attractive growth prospects. Here are three stocks favored by some of Wall Street’s top pros, according to TipRanks, a platform that ranks analysts based on their past performance.OracleEnterprise software and cloud infrastructure company Oracle (ORCL) recently announced better-than-expected…
Florent Latour, CEO of the largest owner of Grand Cru vineyards in Burgundy, spent the summer praying for rain. “We felt we were so close,” Latour, who’s head of Maison Louis Latour, told CNBC. “Just a bit more rain would have produced a fantastic harvest on both counts, but we had to settle for quality, and about half of a harvest.”His prayers — and frustrations — are being echoed across France, as a record-hot summer and severe droughts hit the country’s world-famous wine industry hard. Vines torn off in a field, in Roquefort-des-Corbieres, south-western France, on February 3, 2025. Valentine Chapuis |…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)Warren Buffett takes next step in long-term plan to ensure Berkshire doesn’t stray after he’s goneWarren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026.CNBCWarren Buffett is taking a third major step in his multi-year plan to gradually step away from Berkshire Hathaway, the formerly troubled Massachusetts textile manufacturer he took control of in 1965 and lovingly built over six decades into…
Companies and governments are increasingly waking up to the fact that the future of warfare isn’t just in the skies, but also on the ocean floor. Nations and corporations alike are devoting attention as well as piles of cash to new technologies designed for underwater use, as concerns grow about the vulnerability of critical infrastructure like connectivity cables and energy pipelines traversing the seabed.It comes amid growing concerns of so-called hybrid warfare, a broad term which can include cyberattacks, energy sabotage, disinformation, and economic pressure, with or without being accompanied by conventional military methods. “It’s the changing threat environment that’s…
