Trump administration advances $24.3 billion fighter jet deal to Saudi Arabia as Houthis escalate attacks
The deal comes as Iran-backed Houthis escalate attacks on Saudi Arabia and seek control of the strategically important Bab el-Mandeb Strait.
CNBC Europe
Putin braces for election stress test as Russians ‘feel the pain’ of struggling economy
Russia’s upcoming election is expected to cement United Russia’s dominance, but voter turnout and its margin of victory could offer clues to public discontent.
'Hostile act': Trump threatens EU with tariffs over Canada associate membership proposal
European Commission President Ursula von der Leyen said EU is opening the door for Canada to become the first associate member of the 27-member bloc.
Carney says Canada will decide its own partnerships after Trump calls EU proposal ‘laughable’
U.S. President Donald Trump had described the prospect of Canada becoming the first associate member of the EU as "laughable."
Bank of England defies Fed’s rate-hike lead, leaving rates unchanged
The Bank of England kept rates steady Thursday, even after U.K. inflation rose to 3.1% and energy costs put pressure on prices.
Canada invited to become EU’s first ‘associate member’ as Trump trade war intensifies
EU chief Ursula von der Leyen said the bloc wants to open the door for Canada to become its first associate member, signaling a major deepening of ties.
Oil’s safety net is fraying as Saudi Arabia races to restart a key pipeline
Analysts warn oil prices could rally sharply if the pipeline remains offline beyond an estimated five-to-seven-day inventory cushion.
Satellite images show extent of damage to Saudi Arabia’s oil pipeline that bypasses Strait of Hormuz
Saudi Arabia temporarily shut the roughly 750-mile pipeline as attacks threaten a key alternative to the Strait of Hormuz.
Big Tech goes on AI charm offensive in Europe as regulators circle
Major U.S. tech firms have been trying to win favor with regulators as they face criticisms over their massive businesses having an adverse effect on smaller companies.
Georgia president overruled as lawmakers push forward with Russia-style 'foreign agents' law
Georgian lawmakers on Tuesday voted to override a presidential veto on the Russia-style "foreign agents" law.
Porsche reveals first-ever 911 hybrid sports car, starting at $164,900
The 2025 911 Carrera GTS hybrid marks a significant update to the iconic German sports car amid the automotive industry's focus on electrified vehicles.
'Drone wall' against Russia: Six NATO countries announce border defense plan
Lithuania, Latvia, Estonia, Poland, Finland, and Norway are joining forces to build a 'drone wall' to protect their borders against Russia.
History shows how a UK election can impact the country's stock market
The MSCI UK index has been up by circa 6% six months after Labour victories and down circa 5% following Conservative wins, according to Citi.
UAW challenges Mercedes-Benz union vote, asks NLRB for new election
The UAW alleges Mercedes-Benz fired pro-union workers, forced workers to attend anti-union meetings, and interfered with workers' ability to advocate.
Macron: French AI boom could help EU close tech innovation gap with U.S. and China
"It's insane to have a world where the big giants just come from China and the U.S," French President Emmanuel Macron told CNBC's Andrew Ross Sorkin.
British retail sales plunge 2.3% in April, missing estimates
U.K. retail sales volumes dropped 2.3% in April as wet weather deterred shoppers, the Office for National Statistics said Friday.
Shock summer election in Britain predicted to deliver 'historic' result
Polls suggest the Conservative Party will lose power after 14 years, as the U.K. heads into a six-week election campaign.
JetBlue, British Airways seek partnership to expand networks
JetBlue, British Airways need DOT approval for the code-sharing agreement, which would allow the airlines to sell seats on each other's flights.
Citi fined $79 million by British regulators over fat-finger trading and control errors
British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank Citi for failings in its trading systems and controls.
Norway, Ireland and Spain to recognize Palestinian statehood
Norway, Ireland and Spain will recognize an independent Palestinian state, the three countries' prime ministers said Wednesday.
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