World

WTI, Brent fall more than 4%

Crude oil futures fell more than 4% on Tuesday, as a looming global oil surplus next year overshadowed the risk of a supply disruption from the conflict between Israel and Iran. Oil prices spiked earlier this month after Iran hit Israel with a ballistic missile attack, raising fears that Israel would respond by targeting the Islamic Republic’s oil facilities. The …

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Tokyo Metro IPO could drive Japan market as China listings dry up

In Japan’s biggest initial public offering in six years, Tokyo Metro raised 348.6 billion yen ($2.3 billion) after pricing its shares at 1,200 yen apiece, according to the company’s regulatory filing on Tuesday. Miho Uranaka | Reuters Tokyo Metro’s initial public offering could drive momentum in the Japanese market and attract more companies into the country, analysts said, as China …

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The economy and inflation might stay strong

Shoppers make their way through the Miami Design District featuring stores from many luxury fashion names on December 14, 2023 in Miami, Florida.  Joe Raedle | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter …

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Nvidia record high lifts Asian semiconductor stocks

A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Asian chip stocks rose on Tuesday after Nvidia closed at a record high overnight as the chip company continues to ride the massive artificial intelligence wave. Stocks tied to Nvidia suppliers as well as other chip companies advanced as the …

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Pep Guardiola suggests ‘anything can happen’ over his future amid talk of England job, Manchester City exit

Getty Images Pep Guardiola has made plain that his future remains in flux, acknowledging that “anything can happen,” including a possible departure from Manchester City and taking the helm of the England national team. Guardiola, a six-time Premier League champion and three-time European Cup winner as a coach, is out of contract with City at the end of the season. …

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What causes overtourism? It’s not people, it’s government mismanagement

Crowded beaches. Expensive rent. Tourist sites with wall-to-wall people. When it comes to overtourism, don’t blame the travelers, said Randy Durband, CEO of the Global Sustainable Tourism Council. Rather, it’s “lack of management,” he told “Squawk Box Asia” Monday.   “I’ve been in travel and tourism for 40 years, working on committees and trade associations in Europe, North America and …

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Nikon Z 35mm f/1.4 Review

Introduction This hands-on review covers everything you need to know about the Nikon Z 35mm f/1.4, a budget prime lens for Nikon’s Z mirrorless system. It’s a combination of a well-loved focal length and a very bright maximum aperture, and I’m sure it’s caught the eye of travel, event, and documentary photographers already. But how does it perform? Before I …

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Fed Governor Waller sees need for ‘more caution’ when lowering interest rates

Christopher Waller, a member of the Federal Reserve Board of Governors, during a Fed Listens event in Washington, D.C., on Sept. 23, 2022. Al Drago | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September as he expressed concern that the economy …

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Nigeria national team boycott AFCON qualifier after being ‘abandoned’ in Libyan airport

Getty Images The Nigerian soccer national team have officially boycotted their AFCON qualifier against Libya after their flight was diverted away from its original location with the team being held at the airport for over 12 hours, the team’s captain William Troost-Ekong announced on Monday.  Troost-Ekong announced the decision of the team to not play the game against Libya on …

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