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Pharma major Novartis falls nearly 10%, heading for worst day on record after three drug trial setbacks via US Top News and Analysis
Shares of Novartis tanked on Tuesday after results from its del-desiran drug trial disappointed investors.
1 hour ago
Canada's retaliatory tariffs worth $27.6 billion take effect as trade rift with U.S. deepens via US Top News and Analysis
Duties on U.S. steel and aluminum products have doubled to 50% as a war of words between Washington and Ottawa continues.
1 hour ago
Crypto platforms have lost over $3.63 billion to cyberattacks — even though most of them did security checks via US Top News and Analysis
More than 60% of cryptocurrency platforms that lost money due to cyberattacks had undergone independent security audits, CoinGecko said.
1 hour ago
Treasury yields tick higher as traders look ahead to more economic data releases via US Top News and Analysis
Treasury yields moved higher as investors look ahead to more key economic data releases this week.
1 hour ago
Global shipping authorities warn of maritime trade breakdown amid geopolitical turmoil via US Top News and Analysis
Eighteen maritime bodies warned Tuesday that geopolitical tensions and a growing shadow fleet threaten to undermine international shipping and weaken trade.
2 hours ago
Mistral bags $24 billion valuation as Samsung leads funding for Europe's AI champion via US Top News and Analysis
Mistral is betting on open-weight AI models to help it compete with players like OpenAI and Anthropic.
2 hours ago
Iran foreign ministry takes aim at Canada for support of U.S. actions in Strait of Hormuz via US Top News and Analysis
Canada had condemned Iran’s "destabilizing actions" in the Middle East, saying that it would work with partners to maintain significant pressure on Iran.
4 hours ago
Cholesterol drug setback casts doubt over multibillion-dollar race  via US Top News and Analysis
Novartis’ failure raises the stakes for Amgen and Eli Lilly in the race to turn lower Lp(a) levels into fewer heart attacks and strokes.
4 hours ago
China's imports in August miss estimates as calls for rebalancing trade grow via US Top News and Analysis
China's exports and imports gathered momentum in August, as the world's second-largest economy faces mounting pressure to rebalance trade.
4 hours ago
Global markets keep shrugging off shocks. Here's what could break that streak, according to HSBC via US Top News and Analysis
Markets have shrugged off a barrage of shocks in recent years but that resilience may not last forever, according to HSBC.
5 hours ago
Nvidia supplier Wistron's shares drop after it announces $1.5 billion global stock sale via US Top News and Analysis
Wistron shares fall Tuesday after announcement of $1.5 billion global share sale
5 hours ago
Bombardier points out U.S. footprint after Trump says aerospace giant must build in America via US Top News and Analysis
Trump's announcement comes on the eve of Canadian retaliatory tariffs set to take effect Tuesday on $20 billion of U.S. goods.
7 hours ago
Here are the 3 big things we're watching in this holiday-shortened trading week via US Top News and Analysis
The week will be dominated by inflation data. Plus, Apple's new CEO has his first big test.
10 hours ago
China says it will pump $54 billion into banks and insurers — but their stocks still fell via US Top News and Analysis
With a bigger capital cushion, financial institutions may also be asked to do more to mobilize resources in capital markets, analysts say.
10 hours ago
CNBC's The China Connection newsletter: China's weak consumer becomes the world's problem via US Top News and Analysis
A Group of 20 finance meeting in the U.S. this month has now elevated the debate over whether China's exports have cost people in other countries their jobs.
10 hours ago
Crashed Amazon cargo jet struck two vehicles, ended up 1,300 feet past runway, NTSB says via US Top News and Analysis
The chair of the National Transportation Safety Board didn't provide details on the cause of the crash in Miami, which killed at least five people.
12 hours ago
Far-right AfD landslide in German state piles pressure on federal government via US Top News and Analysis
The "extraordinary" result may be the "most consequential German state-election result of the postwar era," according to analysts.
16 hours ago
'Ah! Rejected, yet again': How this 45-year-old turned his 'demoralizing' job search into a one-man show via US Top News and Analysis
After months of fruitlessly searching for a job, Tim Millard decided to turn his calamity into comedy.
17 hours ago
Greenland welcomes major funding boost from EU amid Trump’s annexation threats via US Top News and Analysis
It comes shortly after Icelanders voted to reject restarting EU membership talks and as Trump renews his push to acquire Greenland on national security grounds.
20 hours ago
SpaceX rival launches rocket in historic first, says industry is 'desperate' for more via US Top News and Analysis
Isar Aerospace reached orbit on its second test flight as the German rocket startup looks to scale production amid booming satellite launch demand.
21 hours ago
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