Delta’s profit forecast tops estimates, buoyed by higher fares and resilient luxury demand
Delta topped quarterly profit expectations and forecast a stronger-than-expected finish to 2025.
Candy maker Ferrero goes all in on sports with Super Bowl ad, World Cup promotions
The confectioner’s parent company has been pushing further into the U.S. over the last decade through dealmaking and investments in production.
CoreWeave CEO pushes back against circular investment concerns
CoreWeave CEO Michael Intrator discussed his company’s deals with a number of artificial intelligence giants in a Wednesday interview with CNBC’s Jim Cramer.
Ferrari shares plunge 13% after carmaker updates guidance, halves EV sales target
Italian carmaker Ferrari on Thursday dialled back its electrification ambitions, saying fully electric vehicles will make up just 20% of its range by 2030.
PepsiCo earnings top estimates as international markets fuel sales growth
The food and beverage giant PepsiCo reiterated its full-year forecast.
Orsted to cut 2,000 jobs as Trump’s offshore wind battle continues
Orsted has faced headwinds this year as President Donald Trump’s administration clamped down on wind power generation in the United States.
48 hours to pick a new PM: Who could Macron choose — and will France’s economy take a hit?
Macron now has the tricky task of picking a PM who can find a compromise with rivals over the budget and how to reduce spending.
‘Buckle up’: IMF and Bank of England join growing chorus warning of an AI bubble
As industry spending surges, top financial institutions say a sharp correction could occur if investor appetite for artificial intelligence turns sour.
China expands rare earth export restrictions ahead of possible Trump-Xi meeting
China has leveraged its control of the sector in trade talks with the U.S. by threatening a disruptive global shortage of the critically-needed minerals.
Will Takaichi’s ‘Abenomics’ weaken the yen and raise the ire of Trump?
Markets have responded to Takaichi’s victory with the “Takaichi trade,” pushing the Nikkei to record highs and weakening the yen to beyond the 150 mark.