Author: Editor-In-Chief
European defense technology startups have stepped up commercial negotiations with Middle Eastern governments since the Iran war, company executives told CNBC. Another CEO said there was a “surge” in interest from Gulf states as they scrambled to strengthen their defenses against drone and missile attacks.Since the joint US-Israeli military operation began in late February, Iran has targeted neighboring countries, with more than 3,000 drones and missiles fired toward the United Arab Emirates, Saudi Arabia, Bahrain and Kuwait, according to data compiled by the think tank Center for Strategic and International Studies.European startups that develop defense technology, particularly drones and anti-missile…
Britain’s elite world champions, including Caroline Dubois and Ellie Scotney, will showcase their talents in a stacked ad on Sky Sports on Sunday.There are also promising signs of a vibrant future for the sport in the coming years, thanks to the success of the England boxing team at junior and youth level. Boxing is one of the most successful sports in this country across all age groups, and its strength is evidenced by the number of international medals it has won. Chris Connelly, head of performance at England Boxing, said: “I think the perfect example is the Youth World Championships…
Traders work on the floor of the New York Stock Exchange during morning trading on March 30, 2026 in New York City. Michael M. Santiago | Getty ImagesU.S. stock futures rose on Tuesday as oil prices turned lower in overnight trading.Futures linked to the S&P 500 Although it increased by 0.87%, Nasdaq 100 futures Added 0.86%. Dow Jones Industrial Average Futures Increased by 432 points (0.95%).Futures rose after a Wall Street Journal report that President Donald Trump told aides he was prepared to end military hostilities in the Middle East even if the Strait of Hormuz remained mostly closed. Oil…
Autonomous ship startup Saronic said Tuesday it has raised $1.75 billion as it ramps up production to meet the U.S. military’s growing demand for newer, cheaper defense capabilities. The round, led by Kleiner Perkins, more than doubles Salonic’s valuation to $9.25 billion from the $4 billion it placed after raising $600 million early last year.Saronic will use the funding to expand its supply chain and shipyards, including a new shipyard in Texas called Port Alpha, with plans to build more than 20 ships a year by 2027. “We’re seeing a real shift in demand for unmanned systems that can be…
Newcastle chief executive David Hopkinson said Eddie Howe’s future would be discussed “when the time is right” after the club announced a record income of £335.3m for the year to June 2025.The Magpies’ turnover increased by £15m on the previous year, with commercial income up 44% to £120.1m, but the figures are still significantly lower than top Premier League clubs. Liverpool reported a record income of £700m in their latest accounts, while Manchester United’s expected income is £640m. Newcastle’s latest results do not take into account this season’s Champions League or the British record sale of Alexander Isak to Liverpool…
CNBC’s Jim Cramer on Monday warned investors against dumping blue-chip stocks in a market driven by fear rather than fundamentals.”Stock prices go down for a variety of reasons, some good, some bad. A lot of bad has happened lately, and I want to make some things right tonight,” Kramer said on “Mad Money.” “This is because bad tapes cause individuals to sell out of blue-chip stocks when they normally should have bought more.”Stocks reversed early gains and mostly fell on Monday, ending just below the low of the session. The S&P 500 and Nasdaq finished down 0.39% and 0.73%, while…
The world-famous television pop spectacle, known not only for its political controversy but also its elaborate costumes and theatrics, is set in the New World. The Eurovision Song Contest will be held in Asia in 2026, with the competition’s regional off-shoot grand final scheduled to be held in Bangkok, Thailand on November 14th. Ten countries, including K-pop giants South Korea, the Philippines, Malaysia and Laos, are scheduled to participate in the first edition, with more participants expected to be announced in the coming months, according to the contest website. Eurovision, which began in 1956, is known as a quirky festival…
Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. As the S&P 500 index declines for the third straight day, here’s what CNBC TV producers were watching and what they’re eyeing next. Bonds There was a lot of activity in the bond market on Monday as investors focused on the possibility of rate cuts rather than rate hikes. We’ll be watching bonds like hawks and doves on Tuesday. CNBC’s Morgan Brennan delivers the first words…
Nevius announced plans on Tuesday to build a new AI data center in Finland. Once up and running, it will be the largest in Europe as the region races to develop the computing infrastructure needed to power the AI boom. The new facility will be based in Lappeenranta, Finland and will have a capacity of up to 310MW. Nebius said it expects the data center to begin supplying first customers to customers by 2027.”We have been operating in Finland for many years and are pleased to expand our presence here,” Nebius CEO Arkady Volozh said in a statement. “Lappeenranta is…
Ahead of the County Championship season from Good Friday, we take a look at the players looking to earn England Test rights for the series against New Zealand at home from June 4.battersA name-check from England national cricket managing director Rob Key is never a bad thing and it was received by Glamorgan’s Asa Tlaib, who was fuming about the Ashes fiasco and upcoming changes during Key’s media rounds last week. Opening pitchers Ben Duckett and Zak Crowley averaged 27 and 20 RBI, respectively, in the 4-1 loss to Australia, and management has cited “consequences” for poor performance in the…