The world in a glance.

China’s new masterplan for its tech economy in 2030 and beyond

The Communist Party’s technological ambition is breathtaking

EV battery startup pivots to defense industry amid Iran war, weak electric vehicle market

Former GM executive CEO Pamela Fletcher told CNBC "the faster path, and frankly, a big need, is out there in this defense space."

Hedge fund Millennium explores shifting Dubai staff to Jersey

Multi-manager firm weighs destinations after requests from staff to relocate

Ares limits withdrawals from $10.7bn private credit fund

Redemption requests across industry surge as exodus of wealthy individuals accelerates

‘The bank told me I could be liable’: I found out why my brother, who has a reverse mortgage, ran out of money

“I’m angry, but also sad.”

Pro Padel League raises $15 million as investors bet on sport’s U.S. growth

The Pro Padel League has raised $15 million in new funding as it looks to accelerate its next phase of growth in the U.S.

ECB president explains to the world’s largest fund manager why the 2020s resemble the 1920s

Christine Lagarde is impatient with Howard Lutnick, short-termist European politicians and the slow pace at which Europe is adopting the digital euro

Bank of London fined over faked documents

Fintech, where Peter Mandelson and Harvey Schwartz were board members, is given £2mn penalty by Bank of England

GB Energy chair calls for more North Sea oil production

Energy secretary Ed Miliband under pressure to allow more North Sea drilling licences after Iran shock

Miliband under pressure from GB Energy chair over North Sea drilling

Juergen Maier joins voices calling for more domestic production after Iran shock

Oil rises as Saudi Arabia and UAE reportedly weigh joining Iran war

Energy prices are once again moving higher after a big decline on Monday.

Revolut profits surge to record £1.7bn as it wins more customers

Results underline fintech’s improving fortunes after clinching full UK banking licence

Revolut profits surge to record £1.7bn

UK fintech benefited from growing market share and fees from card payments

Japan’s SMFG explores possible takeover of Jefferies

Sumitomo Mitsui’s banking unit holds minority stake in US investment bank

Apollo agrees biggest Japan deal in $3.7bn rescue of glassmaker NSG

Japanese manufacturer has struggled since swooping for UK rival Pilkington two decades ago

Brent oil prices claw back losses to top $100 again after hours

Global oil prices edged higher in after-hours trading Monday to recoup portion of the nearly 11% lost during the regular session, as traders geared up for what’s likely to be…

China’s leaders hunt for strategic gains from US quagmire in Iran

Beijing hopes Washington’s redeployment of forces from Asia will further tip regional balance of power

Apollo gives investors only 45% of requested withdrawals from $15 billion private credit fund

The withdrawals show that Apollo didn't avoid the rush of investor redemptions plaguing rivals, driven by concern over private credit loans to software firms.

Estee Lauder says it has a suitor. That’s still not helping its stock.

Estee Lauder says it could merge with luxury Puig Brands of Spain.

‘This is a first-world problem’: I can’t roll over my $800,000 401(k) from my prior employer. What did I do wrong?

“I am frustrated.”

‘The bank told me I could be liable’: I found out why my brother, who has a reverse mortgage, ran out of money

“I’m angry, but also sad.”

Iran launches missiles at Israel as Lebanon pounded

Oil climbs back above $100 despite signs of a diplomatic push to end the war

Oil rises back above $100 as Iran launches new strikes

Israel continues to attack Islamic republic as investors focus on potential peace talks

Estée Lauder is in talks to merge with Puig amid ongoing turnaround plan

Estée Lauder said Monday the company is in talks to potentially merge with Spanish beauty company Puig.

Apple’s stock rises as enthusiasm builds for a potential foldable iPhone

Analysts point to strong consumer interest in what could be a “major form-factor change” for Apple.

Travel stocks are among the biggest gainers as Trump teases Iran talks

Travel-related stocks such as airlines and cruise companies rallied Monday after President Donald Trump postponed his deadline for more strikes in Iran, saying the two countries…

Chuck Norris never dies: How a meme made the actor a cultural icon and multimillion-dollar brand

Memes didn’t just make Chuck Norris funny — they made him an icon, revived his career and may keep paying dividends for decades to come.

These chip stocks could be winners as Elon Musk executes on his ‘Terafab’ vision

Chip-equipment makers could benefit from Musk’s plan to manufacture his own chips, analysts say — but the venture is still heavy on hype and light on specifics.

Stocks of betting companies gain after new bill aims to ban sports gambling on Kalshi, Polymarket

It’s estimated that around 90% of Kalshi’s prediction-market fees revenue has been tied to sports in recent months.

Flights will keep getting more expensive and harder to find. Here’s how much worse it could get.

Travelers are struggling to score deals on airfares during an already chaotic travel season, as airlines cut flight routes and raise prices to combat rising jet-fuel prices.

Traders placed $580mn in oil bets ahead of Trump post on Iran talks

Thousands of Brent and WTI contracts changed hands 15 minutes before president’s message on Truth Social

Apollo caps investor withdrawals from flagship private credit fund

Investor uncertainty intensifies as AI impacts on the enterprise software industry emerge

Estée Lauder in talks to combine with Jean Paul Gaultier owner Puig

Tie-up between US and Spanish groups would create a $40bn beauty giant

How high could global inflation go?

With luck, the Iran war won’t cause a recession. But the surge in energy prices will push up the cost of living

WNBPA President Nneka Ogwumike says new CBA will have a major impact on players' bank accounts

WNBPA President Nneka Ogwumike told CNBC significant pay raises for WNBA players could change their off-season routines.

The price of menstrual products is skyrocketing from inflation, tariffs

With rising inflation and changing tariff policies, menstrual products have seen a drastic rise in price over the past few years.

Global oil prices drop below $100 a barrel after Trump delays strikes on Iranian power plants. Why further declines may be limited.

Oil prices fell sharply Monday after President Donald Trump said he had postponed threatened strikes on Iranian power plants.

Can Trump do a deal with Iran?

Formidable obstacles stand in the way of any diplomatic effort to end the war

DraftKings and MGM shares rise as new bill threatens to ban sports gambling on Kalshi, Polymarket

It’s estimated that around 90% of Kalshi’s prediction-market fees revenue has been tied to sports in recent months.

Iran contradicts Trump and says no direct talks to end war

US president postpones possible attacks on Iranian energy infrastructure after hailing ‘productive’ talks with Tehran

Trump plays up prospect of diplomatic end to Iran war

US president soothes markets but doubts on strategy and Tehran’s position persist

Markets wrong on UK interest rate rises, say economists

Forecasters argue a weak economy will prevent the energy shock fuelling persistent inflation

UK looks at supporting vulnerable households after surge in energy prices

Keir Starmer says help would have to be targeted and warns against counting on ‘quick and early’ end to Iran war

‘Do you believe in Elon?’: Musk tests Tesla investors’ faith with an expensive chip-making plan

The Terafab, a planned venture between SpaceX and Tesla, could cost trillions of dollars, according to analysts.

US to pay Total $1bn to switch from wind to oil and gas development

Deal comes as Donald Trump faces pressure to limit energy price increases triggered by Iran war

Markets rebound after Trump postpones attack on Iranian energy

Stocks reverse losses and oil tumbles after US president says there have been ‘constructive’ talks with Tehran

Pfizer to seek FDA approval for Lyme disease vaccine candidate despite trial miss

Lyme disease is an illness caused by bacteria most commonly spread to humans from ticks. It can cause arthritis, muscle weakness and pain.

Super Micro’s stock rises, but an analyst warns that ‘flattish’ growth may lie ahead after co-founder’s indictment

An analyst just downgraded Super Micro’s stock on concerns that the export-control scandal involving the server company’s co-founder will weigh on customer trust.

Soaring healthcare costs are forcing people to make troubling trade-offs, like skipping meals — and the situation is about to get worse

Here’s one woman’s plan: “Shopping for cheaper groceries, not buying clothes, avoiding getting sick, not being as social.”

The U.S. government is about to define what junk food is. But will that make people put down the gummy bears?

Health and Human Services Secretary Robert F. Kennedy Jr. has described ultraprocessed foods as “poison.”