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Barclays down 6.5% after warning of fourth-quarter cost-cutting charges
LONDON — Barclays shares retreated on Tuesday as investors assessed the prospect of cost-cutting charges, pressure on domestic interest margins and weak performance in formerly strong divisions.The bank reported a net profit of £1.27…
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Roche agrees $7.1 billion deal to buy Telavant Holdings
A photo showing the logo of Swiss pharmaceutical giant Roche in Basel.SEBASTIEN BOZON | AFP | Getty ImagesSwiss health care company Roche on Monday announced it would acquire Telavant Holdings in a $7.1 billion transaction.Telavant…
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Coinbase ‘confident’ a U.S. bitcoin ETF will be approved
Coinbase is confident that a U.S. bitcoin exchange-traded fund will be approved by the U.S. Securities and Exchange Commission, the company's chief legal officer, Paul Grewal, told CNBC."I'm quite hopeful that these applications will be…
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Chinese IPO listings overseas getting complicated, says NYSE’s Ge
Traders work during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021.Brendan McDermid | ReutersThere is strong appetite among Chinese companies to…
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X, formerly Twitter, to launch two new subscription tiers
Rafael Henrique | Lightrocket | Getty ImagesX, the social media service formerly known as Twitter, will launch two new tiers of subscriptions for users, its owner Elon Musk said on Friday.One tier will be "lower cost with all features,…
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Coinbase picks Ireland as its main EU hub under MiCA crypto regulation
Chesnot | Getty Images News | Getty ImagesCryptocurrency exchange Coinbase has chosen Ireland as its main operational and regulatory hub in the European Union, the company told CNBC in an exclusive interview.Coinbase submitted its…
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Adidas shares climb after earnings powered by Yeezy inventory sales
Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023.Scott Olson | Getty ImagesAdidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy…
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Russell 2000’s best day since July is good for markets
A Charles Schwab location in New York, US, on Friday, July 7, 2023.Michael Nagle | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to…
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The giant ship critical to building Dogger Bank Wind Farm
The Jan De Nul Group's Voltaire in waters off China in Dec. 2022. As wind turbines get bigger, the vessels that install them are having to change, too.VCG | Visual China Group | Getty ImagesA project to build a facility described as "the…
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Binance exits Russia, sells business to CommEX
Binance fully exits Russia with sale of business to CommEX.
Transition will last a year, the exchange said in an…
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