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AllianceBernstein reveals its top defense stock pick as Europes military manufacturers retreat Budget uncertainty and procurement bureaucracy have hindered Europes defense sector this year, AllianceBernstein said.

College career path over as skilled trade get 30 pay bump, recruitment giant says I would say you can make a good career and good money in skilled trade. Thats definitely a career track, CEO of worlds largest recruitment firm told CNBC.

A strange paradox has taken hold of the global fashion industry Fashion brands are doubling down on sustainability even as value-seeking shoppers ignore the pitch.

Iran threatens to extend conflict beyond the region if U.S. and Israel resume attacks Irans Revolutionary Guard on Wednesday threatened to extend the Middle East conflict beyond the region if the U.S. and Israel resume attacks against Tehran.

EU clears major hurdle to finalize U.S. trade pact — and sidestep Trump tariff hikes European Commission President Ursula von der Leyen on Wednesday welcomed a provisional agreement on legislation to remove import duties on U.S. goods.

CNBCs UK Exchange newsletter: From Manchester to Westminster? Britains potential next PM comes under scrutiny As Greater Manchester Mayor Andy Burnham looks to replace U.K. Prime Minister Keir Starmer, his record in office is receiving attention.

Putin-Xi talks revive stalled Russian gas pipeline as Iran war rattles energy markets Putin is expected to hold talks with Chinese leader Xi Jinping on Wednesday, with the long-stalled Power of Siberia 2 natural gas pipeline topping the agenda.

Why fashion is doubling down on sustainability even as value-seeking shoppers ignore the pitch A strange paradox has taken hold of the global fashion industry.

As Putin-Xi meet, Iran war energy disruption puts long-stalled Russian gas pipeline back on agenda Putin is expected to hold talks with Chinese leader Xi Jinping on Wednesday, with the long-stalled Power of Siberia 2 natural gas pipeline topping the agenda.

SpaceXs otherworldly debut could squeeze the oxygen from Europes IPO market, analysts say Elon Musks SpaceX, expected to debut next month, could squeeze investor demand for other IPOs.

NATOs newest member Sweden announces $4 billion defense investment; Saab pops 5 Sweden joined the military alliance in 2024 after it said that Russias invasion of Ukraine had changed the security landscape.

Cuba condemns U.S. sanctions, accuses Washington of building fraudulent case for military action The comments come after a fresh wave of U.S. sanctions and amid mounting speculation that the U.S. could carry out military strikes against Cuba.

Ryanair has plans for armageddon scenario as CFO warns weaker European carriers may not survive jet fuel crunch Ryanair said it has plans for an armageddon situation, amid the jet fuel crisis.

This is bad: Strategists see European oil shortages within weeks as inventories are depleted The Iran war oil squeeze could trigger shortages in Europe within weeks, and keep global inventories depleted until 2027, strategists warn.

Weight-loss wars go global as Novo Nordisk bets big on its Wegovy pill The weight loss pill had a strong U.S. launch this year, and Novo believes that will be replicated in other markets around the world.

From train travel to staycations: How holidaymakers are adapting to airlines jet fuel shortage I think people will increasingly decide, lets book Portugal, Spain, Italy... lets avoid the Middle East or going long haul, Ryanairs CEO told CNBC.

Ryanair has plans for armageddon scenario as CFO warns weaker European carriers may not survive jet fuel crunch Ryanair said it has plans for an armageddon situation, amid the jet fuel crisis.

High energy prices could derail Europes AI race with U.S. and China Energy costs vary widely across Europe, creating clear winners and losers in attracting investment.

Novo Nordisks next obesity battlefront: Winning beyond America The weight loss pill had a strong U.S. launch this year, and Novo believes that will be replicated in other markets around the world.

Why a small UK lender has major U.S. credit firms on edge The continuing fallout from MFS collapse has heightened fears that problems in complex credit markets pose a broader systemic risk.

Cerebras stock falls 10 after blockbuster IPO debut — heres whats happening Cerebras Systems shares were lower in early trading Friday, after its blockbuster stock market debut on Thursday.

Why Britains potential next PM is putting investors on edge Traders fear a new left-leaning U.K. government led by Andy Burnham would challenge the countrys fiscal discipline.

Cerebras stock falls after blockbuster IPO debut — heres whats happening Cerebras Systems shares were lower in early trading Friday, after its blockbuster stock market debut on Thursday.

U.S., EU lawmakers pledge European scrutiny of Paramounts WBD deal The lawmakers, in a letter reported first by CNBC, told Paramount CEO David Ellison that the Warner Brothers Discovery acquisition would stifle competition.

Lotus CEO warns solid-state batteries still up to a decade from mass production Sometimes billed as the holy grail of sustainable driving, solid-state batteries have long been stuck between theory and the promise of commercialization.

Goldman Sachs warns UK T-bills are no magic bullet for UK fiscal woes as borrowing costs surge The U.K. government could look to issue more shorter-dated debt in a bid to ease its overall funding costs.

Nvidias Jensen Huang bets on this British startup to build next frontier of AI Months-old Ineffable Intelligence announced a record $1.1 billion seed round in April.

Stellantis Leapmotor partnership points to a wider — and riskier— industry gamble A recent tie-up between Jeep maker Stellantis and Chinas Leapmotor is seen as a watershed moment for the future of European carmaking.

CNBCs UK Exchange newsletter: Starmers EU push faces a harsh political reality U.K. Prime Minister Keir Starmer has alighted on resetting relations with Europe as a way of reviving his flagging popularity.

Hims & Hers plummets 13 after first-quarter loss, weak earnings guidance Hims & Hers reached a deal with Novo Nordisk in March to sell its GLP-1 weight loss drug Wegovy on its platform.