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Chinese automakers expand in UK — and many Brits are embracing them
MAIDSTONE, England — Izzy Woodrow is a believer.Four weeks ago, he joined the small but growing number of Brits who have bought a Chinese-made vehicle."I've got a car that I enjoy driving super comfy. It's very quiet and the fit and…
Apple, Nvidia vie for title of world’s most valuable company
Apple and Nvidia battled it out on Friday for the title of world's most valuable company, with the iPhone maker briefly topping the long-time leader in market value. Shares of Nvidia briefly dropped about 3% and its market value dipped…
Import prices post surprise gain as costs of goods from China hit highest
Dock workers offload shipping containers from a ship at Port Everglades on April 20, 2026 in Fort Lauderdale, Florida. Joe Raedle | Getty ImagesThe cost of goods brought into the U.S. posted an unexpected increase in June as the price of…
ConocoPhillips to buy 42% stake in Iraqi unit from BP
A sign at BP Plc petrol station in London, UK, on Monday, Aug. 4, 2025.Bloomberg | Bloomberg | Getty ImagesConocoPhillips said on Friday that it had agreed to buy a 42% stake in BP Energy Company of Kirkuk Limited (BP EXKL), supporting…
Democratic socialists top MAGA candidates in CNBC’s ‘All America’ poll
Illapa Sairitupac, Democratic New York State assembly candidate, from left, Zohran Mamdani, mayor of New York, and Brad Lander, former New York City comptroller and US Democratic House candidate for New York, campaign during a primary…
SpaceX stock falls further after Starship test flight aborted
A SpaceX Starship spacecraft rolls out toward its launch pad past the Starbase Manufacturing Facility before its 10th test flight from the company's complex in Starbase, Texas, U.S., August 23, 2025. Steve Nesius | ReutersSpaceX's stock…
China’s Moonshot AI unveils Kimi K3 model it says rivals OpenAI, Anthropic
Chinese startup Moonshot AI has unveiled a new model it says closes the gap with leading U.S. offerings and surpasses OpenAI and Anthropic's most capable systems on some benchmarks.Kimi K3 still trails Anthropic's Claude Fable 5 and…
Iran says civilian infrastructure hit by latest wave of U.S. strikes
A giant banner depicting symbolic images of Iran's late and current Supreme Leaders, Ayatollah Ali Khamenei and Ayatollah Mojtaba Khamenei, is displayed on an avenue in Tehran, Iran, on July 16, 2026, amid ongoing tensions between Iran…
Oil rises as U.S.-Iran hostilities threaten Strait of Hormuz supplies
Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty ImagesOil prices rose Friday as investors weighed escalating tensions between the U.S. and Iran after Tehran…
Defense firm smashes expectations, posts record orders
Swedish defense company Saab beat earnings expectations in the second quarter, as booming demand for military equipment propelled the fighter jet maker to another quarter of record orders backlog.New order bookings in the quarter ended…