Oil at $150 will trigger global recession, says boss of financial giant BlackRock
Larry Fink says if oil prices stay high for a sustained period it will have “profound implications” for the world economy. Source link
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Amazon acquires ‘approachable’ humanoid maker Fauna Robotics
Fauna CEO Rob Cochran with a Sprout robot. Courtesy: Fauna Robotics Amazon has acquired Fauna Robotics, a startup that builds “approachable” humanoid robots for consumers and businesses, the company confirmed Tuesday. Terms of the deal weren’t disclosed. “We are excited about Fauna’s vision to build capable, safe, and fun robots for everyone,” an Amazon spokesperson told CNBC…
Apollo private credit fund gives investors only 45% of requested withdrawals
Marc Rowan, CEO of Apollo Global Management, during a Bloomberg Television interview in New York, Dec. 5, 2023. Jeenah Moon | Bloomberg | Getty Images Apollo, the asset management giant, told investors in its flagship private credit fund that it will limit withdrawals this quarter to just under half of requests, the latest sign of…
5 high-return investment zones you should know
As per government records from the Ayodhya Stamp and Registration Department (under IGRS Uttar Pradesh), property registrations in the city have increased by nearly 120% between 2017 and 2022. Registrations in 2023 crossed 35,000. Similarly, price trend also boomed: Ayodhya’s land prices before 2019 ranged between ₹400 and ₹2,000 per sq ft. But after the…
N.C. Senate Republican leader Phil Berger concedes after recount has Sam Page up by 23 votes
The top Republican in the North Carolina Senate conceded to his challenger Tuesday in a razor-thin primary race despite having President Donald Trump’s endorsement. Phil Berger, the state Senate president pro tempore for the past 15 years, congratulated his opponent, Rockingham County Sheriff Sam Page, in a race that went to a recount. “While this…
Journalists at Australia's national broadcaster to strike over pay and possible use of AI
Staff at the Australian Broadcasting Corporation will strike for the first time in 20 years. Source link
What Iranians make of the possibility of talks to end the war
Kiana, a woman in her 20s, lives in the capital, Tehran. From day one, she has repeatedly said she wants the war to end, but now that the possibility of a ceasefire which would keep the leaders of the Islamic Republic in power is being mooted, she said she felt confused. Source link
House starts hearings on case against Philippines VP
Under Philippine law, officials like the president, vice-president and chief justice of the Supreme Court can be impeached by the House of Representatives if they commit an impeachable offence – culpable violation of the constitution, treason, graft and corruption, bribery, high crimes and betrayal of public trust. Source link
Arm stock pops as CEO Haas issues $25 billion revenue expectation
Arm Holdings stock popped 6% in after-hours trading on Tuesday as CEO Rene Haas announced 2031 annual revenue expectations that were more than six times what it was in 2025. Haas unveiled Arm’s first in-house chip on Tuesday at an event in San Francisco, with Meta as the initial customer. CNBC got an exclusive first…
Pro Padel League raises $15 million as investors bet on U.S. growth
The Pro Padel League has raised $15 million in a new funding round, the league announced on Tuesday, highlighting the growing investment for yet another rising racket sport as it gains traction in the U.S. The new raise follows $10 million in seed funding for the league, received in March 2025. The Series A funding…