Author: Editor-In-Chief
A worker inspects solar panels installed on a lake in Tianchang, eastern China’s Anhui province, on January 12, 2026.- | AFP | Getty ImagesChina is calling for “concerted efforts” to ease the solar power industry’s severe overcapacity crisis as part of a campaign to end cut-throat price competition.The proposed measures include capacity management, standard guidelines, price enforcement, mergers and acquisitions, and intellectual property protection to “promote the quality development of the solar power industry.”China’s solar power production capacity far exceeds global demand, sparking a price war within the country in recent years.The country manufactures more than 80% of the world’s…
Former world heavyweight champion David Haye says Anthony Joshua and Tyson Fury must finally agree to fight.Haye is a two-division world titlist and was the star of British heavyweight boxing before the rise of Joshua and Fury. The former WBA heavyweight champion believes the time has come for Fury and Joshua to finally fight. “That’s the biggest possible match for both of them. They should push it, they should push it, they must,” Haye told Sky Sports.”They need each other, for different reasons because of their respective legacies. You have to say Anthony Joshua was in the same era as…
Former world heavyweight champion David Haye says Anthony Joshua and Tyson Fury must finally agree to fight.Haye is a two-division world titlist and was the star of British heavyweight boxing before the rise of Joshua and Fury. The former WBA heavyweight champion believes the time has come for Fury and Joshua to finally fight. “That’s the biggest possible match for both of them. They should push it, they should push it, they must,” Haye told Sky Sports.”They need each other, for different reasons because of their respective legacies. You have to say Anthony Joshua was in the same era as…
Scott Eales | Bloomberg | Getty ImagesU.S. Treasury yields rose slightly on Monday after a dramatic weekend in which a two-week cease-fire was set to expire on Tuesday and the Strait of Hormuz was reopened and then blocked by Iran. The yield on the 10-year Treasury note, a key measure of U.S. government borrowing, rose more than 1 basis point to 4.262%.The yield on the two-year Treasury note, which is more closely tied to the Federal Reserve’s short-term interest rate policy, rose more than 2 basis points to 3.725%. The yield on the 30-year Treasury note rose less than 1…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.good morning. Today is the Boston Marathon, and I’m especially inspired by this runner who ran this year’s race after being paralyzed.Stock futures are falling this morning. The three major indexes ended the week on a strong note.Here are five important things investors need to know to start their trading day.1. Seizure Ships and tankers in the Strait of Hormuz off Musandam, Oman, April 18, 2026. Stringer | ReutersInvestors are back on the defensive after President Donald Trump said yesterday that the United States had attacked…
The United States on Sunday made good on its threat to board and seize ships resisting Iran’s port blockade, with footage released by the military showing Marines rappelling from helicopters onto the deck of the Iranian-aligned missile destroyer M/V Touska after it was disabled. The incident came after the Trump administration indicated in Islamabad, Pakistan, this week that it expects peace talks with Iran to resume. Iran has vowed to retaliate for the seizure of the merchant ship, but has not yet officially joined the negotiations. Experts told CNN that what happens next to the ship and its crew could…
Jon Rahm closed out a chaotic week at LIV Golf with a 7-under 64 for a six-shot victory Sunday at LIV Golf Mexico City, earning his second win of the year on the Saudi-funded circuit.Uncertainty surrounding the Saudi-funded league is in the air this week, with CEO Scott O’Neill writing a memo to staff saying LIV has secured funding through the end of the year to dispel growing doubts about the stability of the league’s financial future. This followed reports that the Saudi Public Investment Fund (PIF) was planning to end its financial support for the circuit. Events in Mexico…
UniCredit has unveiled plans to extensively revamp its target, Commerzbank, with the aim of transforming the German financial institution into a “new era of future-readiness”. UniCredit CEO Andrea Orcel said in a conference call on Monday that a “true combination” of UniCredit and Commerzbank would send a “clear signal” and create a “national leader and benchmark.”He added that the plan would create a “pan-European grouping of federations and a European benchmark for other countries to follow.”UniCredit has been eyeing a potential takeover in the Frankfurt-based lender since acquiring a 9% stake in 2024, but its stake has since ballooned above…
With his penchant for suits, ties and sweater vests, Federal Reserve Chairman candidate Kevin Warsh bears no resemblance to the rumpled appearance of many of the Silicon Valley entrepreneurs he calls friends. But they still count him among themselves. “If you were as normal as you claim you were, you wouldn’t be spending any time with us.” Palantir CEO Alex Karp told Warsh on a podcast in 2022.If confirmed by the Senate, Warsh would not only be the richest Fed chairman in history, he would also be the most tech-savvy and closest to the tech community to ever hold the…
U.S. forces seized an Iranian container ship near Iran’s Gulf coast in the early hours of Monday, raising tensions hours before the United States was scheduled to send negotiators to Pakistan for talks to end the war.U.S. Central Command (CENTCOM) and President Donald Trump claimed the Tosca was collided because it did not comply with U.S. orders to withdraw from a planned Strait of Hormuz passage. The US has been under a naval blockade since last Monday.Iran responded by calling the attack and hijacking an act of “piracy” and threatening to retaliate. On Monday, hours after the attack and occupation,…