world
Orsted swings to quarterly net loss as Trump's offshore wind battle takes its toll
The results come shortly after the company announced it had reached a deal to sell a 50% stake in its Hornsea 3 offshore wind farm in the U.K. Source link
CNBC's The China Connection newsletter: Rumblings of a crypto race
Fresh off meeting Chinese President Xi Jinping, U.S. President Donald Trump is talking about keeping the U.S. ahead of China in the world of digital assets. Source link
Asia's private equity funds turn bullish on China, betting on Beijing's tech-focused economic plan
The optimism marks a subtle yet important shift for an industry that has spent the past two years grappling with weak fundraising and geopolitical uncertainty. Source link
Europe opens lower as markets question tech valuations; Novo Nordisk falls 4% after earnings
European stocks are expected to open lower, mirroring global declines as concerns grow over sky-high tech valuations. Source link
Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount
Novo Nordisk is currently locked in a bidding war with Pfizer for U.S. biotech firm Metsera. Source link
CNBC Daily Open: When AI hype hits gravity
AMD smashed expectations, and Palantir reported another quarter of strong growth. Yet the Nasdaq fell, revealing Wall Street’s playlist is stuck on AI mania. Source link
Toyota profits fall for a second consecutive quarter, missing estimates, as U.S. tariffs hit exports
Toyota Motor missed operating profit estimates for the quarter ended September as the Japanese auto giant bears the brunt of U.S. tariffs. Source link
UK Exchange: A minimum wage hike — with maximum consequences
Some British employers worry the expected minimum wage hike will eliminate the salary premium enjoyed by recent graduates. Source link
Democrats make clean sweep in three biggest U.S. elections on Tuesday night
President Donald Trump said that the reason that Republicans lost big was because he was not on the ballots and because of the federal government shutdown. Source link
Nvidia deepens India footprint with $2 billion deep tech alliance to mentor AI startups
Nvidia will help train and mentor emerging deep tech startups in India as a founding member of a $2 billion investment alliance. Source link