Auto giants are struggling to find palatable solutions in the race to avoid hefty emissions fines
The prospect of steep fines for failing to comply with the EU’s emissions standards has sparked a heated debate within the car industry.
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Why China's central bank has stopped bond purchases
The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward pressure on the yuan, analysts say.
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CNBC Daily Open: Spike in long-term borrowing costs isn't just about the UK economy
The borrowing cost for the U.K. government is at an almost three-decade high. But it’s not a localized problem like the one caused by Liz Truss’ “mini-budget.”
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European markets trade lower; Ubisoft drops 8% after appointing advisors to review strategic options
European markets opened lower on Friday, as investors monitor economic data and ongoing turbulence in the U.K.’s debt markets.
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World's biggest chipmaker TSMC posts record 2024 revenue as AI boost continues
TSMC manufacturers semiconductors for some of the world’s biggest companies from Apple to Nvidia.
