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finance

Jul 03, 2026 · 2 min read

Kuaishou shares jump after Tencent joins $2.8 billion raise for Kling AI subsidiary

Kuaishou shares rose as much as 6.89% at Friday's Hong Kong market open before paring gains to trade around 0.75% higher.

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CNBC Finance

finance

Jul 03, 2026 · 1 min read

Why didn’t the Iran war cause a recession? With Tyler Goodspeed

Economic downturns are “fundamentally unforecastable”

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Financial Times (FT)

finance

Jul 03, 2026 · 1 min read

Strait of Hormuz transits increase as US-Iran ceasefire holds

Number of ships passing via waterway quadruples over the past week as tankers cautiously return

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Financial Times (FT)

finance

Jul 03, 2026 · 1 min read

FirstFT: Anthropic clamps down on Chinese access to Claude

Also in today’s newsletter: Wall Street profits and Burnham’s fiscal plans

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Financial Times (FT)

finance

Jul 03, 2026 · 3 min read

Venezuela quake toll climbs to 2,595 as damage estimates mount after strongest tremor in a century

Death toll from twin earthquakes that struck Venezuela jumped to 2,595, as rescue operations continued after the country's strongest tremors in over a century.

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CNBC Finance

finance

Jul 03, 2026 · 1 min read

Canada unveils plans for new oil pipeline to break dependence on US

Project to supply Asia with 1mn barrels per day is part of push to reduce over-reliance on US amid trade hostilities

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Financial Times (FT)

finance

Jul 03, 2026 · 4 min read

Jack Smith says he's 'very concerned what's going to happen next election' under Trump

Smith said that he could be indicted by the Department of Justice given Trump's animus toward him for prosecuting the president in two criminal cases.

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CNBC Finance

finance

Jul 02, 2026 · 3 min read

Saudi Arabia has ramped up oil shipments through the Strait of Hormuz since U.S.-Iran deal

Saudi Arabia is restarting its export logistics in the Persian Gulf after a three-month pause, according to Kpler.

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CNBC Finance

finance

Jul 02, 2026 · 8 min read

Levi's, The North Face and Columbia are turning to women to fuel their next phase of growth

Legacy apparel brands including VF Corp., Levi's, and Columbia are investing more heavily in women's products and marketing.

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CNBC Finance

finance

Jul 02, 2026 · 4 min read

Olympian David Hearn indicted in Reflecting Pool destruction of property case

U.S. Attorney Jeanine Pirro said that David Hearn, by his "own admission ... reached down into the pool" to rip up sealant.

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CNBC Finance

finance

Jul 02, 2026 · 5 min read

Trump bought Apple, Nvidia and other tech giants before tariff reversal fueled rebound

The day before President Donald Trump walked back his tariff policy turned out to be one of his busiest days of 2025 for stock buying.

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CNBC Finance