Economy

Puig plunges after Estée Lauder tie-up talks terminated; European stocks rise

European stocks pushed higher on Friday as investors monitor the U.S.-Iran war and a slew of economic data.

Crypto bros, scalpers and Logan Paul: Inside the world of Pokémon where cards are sold for millions

A Pokémon card boom is being driven by nostalgia, blockbuster card sales and speculation.

Indian telecom major Bharti Airtel is doubling down on Africa venture, UK's BT

Indian telecom giant Bharti Airtel is raising its stake in British and African ventures as it hunts for growth overseas

China calls for APEC cooperation as commerce minister skips opening over ‘urgent official business’

China's international trade representative Li Chenggang said he was chairing Friday's meeting as Commerce Minister Wang Wentao had urgent matters to attend to.

Guzman y Gomez shares surge as much as 20% after fast-food chain says it will exit U.S. market

Guzman y Gomez's shares surged after announcing that it has decided to exit the U.S. market while keeping its Australian business as the main focus

CNBC Daily Open: Dow at all-time high as Iran reviews peace deal

Global markets rally as investors continue to price in Middle East de-escalation.

From Fiji to French Polynesia, how Pacific islands are uniquely vulnerable to the oil crisis

The reliance of island countries and territories on imported oil is expected to hit economic growth and increase inflation

Oil Resumes Rally as Iran Reportedly Wants to Keep Enriched Uranium Within the Country

The International Energy Agency warned that as travel demand grows during the summer season, oil markets could enter a "red zone" soon.

Asia-Pacific markets trade higher as investors assess U.S.-Iran peace deal diplomacy

While oil prices fell in U.S. trading, reports that Tehran intends to keep its enriched uranium stockpile within the country stand to complicate negotiations with the U.S.

Japan Core Inflation Softens to Over Four-Year Low, Weakening Case for BoJ Rate Hike

Core inflation — which strips out prices of fresh food — was lower than the 1.7% expected by economists polled by Reuters and below the 1.8% reading in March.

Friday's Big Stock Stories: What’s Likely to Move the Market in the Next Trading Session

The Dow Industrials jumped more than 270 points to notch a new closing record on Thursday. Oil prices retreated, giving stocks a tailwind.

Airlines are struggling but China's 'Big Three' face a tougher year than most

China's carriers face sky-high jet fuel, lack of hedging strategies, and a customer base that can easily pivot to cheaper high-speed rail services.