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How one Silicon Valley firm is seizing an opportunity from Premier League soccer's gambling ad clampdown

Premier League clubs have removed betting brands from shirt fronts, opening new sponsorship opportunities while bookmakers shift spending elsewhere.

NATO member Romania scrambles F-16 fighter jets to destroy drone near critical European gas project

It comes weeks after Romania’s Air Force destroyed a Russian drone in its airspace.

Nvidia plays matchmaker in Nordics, sources tell CNBC, as AI data center deals boom in region

Nvidia is trying to connect GPU customers with Nordic data-center operators as cheap power and available land fuel the region’s AI infrastructure boom.

World’s largest olive oil company surges over 20% as rivals circle in takeover battle

Shares of Spain's Deoleo jumped on Wednesday morning amid an intensifying takeover battle for the world's largest olive oil bottler and marketer.

Zelenskyy faces challenge to his wartime rule as former defense chief calls for election

Former Ukraine Defense Minister Mykhailo Fedorov has called for wartime elections, saying Kyiv must restore its democratic process despite the ongoing war.

CNBC UK Exchange: Reflections on Britain’s tough economic reality

Ian King uses his last UK Exchange to consider Britain’s economic and political challenges.

Russia says its economy is strong. It just fired a top economist who warned otherwise

Andrei Klepach was reportedly fired from his role after presenting a report warning that Russia could not win a prolonged war of attrition with Ukraine.

Extreme heat spurs earliest-ever Champagne harvest, putting its famous taste to the test

Producers of the iconic French fizz face a challenge to preserve its taste profile while they also battle tariff complications and fewer drinkers.

'Don't get too comfortable': Wall Street’s ‘fear gauge’ hits 2026 low — here's why it's unlikely to last

A falling VIX points to growing investor complacency ahead of a traditionally turbulent time for markets, strategists warn.

Russia targets Danube port after one of Ukraine’s largest aerial attacks of the war

Russia struck port infrastructure in Ukraine’s Odesa region, damaging a Togo-flagged civilian vessel near Izmail after Kyiv launched a major drone attack on Moscow.

Ferrari Luce: Polarizing EV becomes a $40 million collector’s item

The auction of the Luce comes nearly three months after Ferrari unveiled its first fully electric car, which was priced at 550,000 euros (roughly $640,000).

Russia's economy has defied the skeptics. Cracks are getting harder to hide

Russia's wartime economy is under growing strain as its budget deficit widens and analysts warn pressure could intensify next year.

Group including Jeff Bezos buys minority stake in Liverpool FC, with option to become controlling owner

The group that includes Jeff Bezos has an option to become the majority shareholder within the next year.

How a niche copper trade became a real-time gauge of Trump’s next tariff move

The widening price of copper between two metals exchanges is offering investors a gauge of U.S. tariff risk.

‘Absolutely unacceptable’: Japan PM Takaichi condemns Putin’s visit to disputed Kuril Islands

Japan protested Vladimir Putin’s first visit to the disputed Kuril Islands, escalating tensions over territory claimed by both Tokyo and Moscow.

NATO aircraft shoot down drone over Latvia, which blames 'Russian electromagnetic warfare'

NATO fighters shot down a foreign drone over Latvia as Finland briefly restricted airspace and sea areas amid heightened Baltic security concerns.

AI’s infrastructure boom is getting more leveraged — and harder to track

AI’s infrastructure boom is increasingly being funded through bonds, leases and private capital, while leveraged investors add another layer of market risk.

Trump-linked oil venture delays Greenland drilling plans after government warning

Greenland Energy Co. and joint venture partner 80 Mile have delayed planned oil drilling in Greenland until winter 2027.

In pictures: Europe's best solar eclipse since 1999

A total solar eclipse crossed Iceland and Spain on Aug. 12, while much of Europe saw a partial eclipse and businesses benefited from demand.

Ukraine attacks Russian grain export terminals in Black Sea, prompting warning about food markets

Ukraine has launched a heavy drone assault on warships and major Russian grain export terminals in the Black Sea port city of Novorossiysk.

Shipping giants warn ports and trucks could hold up deliveries and push up prices

Global shipping demand remains strong despite geopolitical turmoil, but port and trucking bottlenecks are increasing congestion and putting upward pressure on freight rates.

Nuclear power plants are being shut down as Europe’s drought becomes an energy crisis

Heat and drought are curbing nuclear output across Europe, with Romania starting the process of disconnecting its sole working reactor from the power grid.

CoreWeave gains 19%, Nebius surges 34% in post-earnings neocloud rally

AI cloud giant CoreWeave jumped in premarket trading after reporting that its second-quarter revenue doubled on surging AI demand from hyperscalers.

Solar eclipse drives Europe hotel prices to over $1,000 a night

Eclipse demand pushed some Spain and Iceland stays above $1,000 a night, while Iceland hotels cut prices sharply closer to Aug. 12.

Hormuz closure squeezes global economy as oil demand destruction intensifies, IEA says

The IEA expects oil demand to fall by 1.6 million barrels a day in 2026 as high fuel prices and Strait of Hormuz disruptions weigh on consumption.

Aviva’s remarkable revival leaves one big question: What next?

Aviva shares are up around 150% since Amanda Blanc become CEO. Before long, investors will be asking: what next?

Ukraine war sparked race for countries to build spy satellites, space-tech CEO says

Governments are ramping up satellite capabilities as space intelligence becomes increasingly critical to modern warfare.

Zelenskyy warns Putin is preparing for escalation by bringing in North Korean military equipment

His comments come shortly after deadly Russian attacks on cities across Ukraine overnight.

Hormuz deadlock: Where oil prices could head next as prospects for an imminent deal fade

Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever.

Hotel giant says ‘growing middle class’ boosted hotel demand despite Middle East hit

IHG reported higher first-half profit as U.S. demand accelerated and Middle East disruption weighed on travel.

Australian rare earth miner surges after U.S. Department of Defense investment

The Trump administration has backed plans to build an Australian scandium mine as part of a push to challenge China’s critical minerals dominance.

Trump says oil supermajors are making too much money. What will they do with it?

The windfall is fueling fresh political and environmental backlash, with Trump accusing Exxon Mobil and Chevron of making “too much money.”

Iran denies any direct talks with U.S. on opening Strait of Hormuz as Houthis claim attack on Saudi refinery

Iran's foreign minister reportedly said his country is not engaging in talks with the U.S., but added: "Messages are being exchanged through intermediaries."

Iran sets conditions for opening Strait of Hormuz after UAE says one of its ships was targeted by airstrike

Iran's military stressed that the crucial waterway would only be reopened when the U.S. accepts Iran's conditions.

Inside the startup drone maker powering Ukraine's deep-strike campaign

Fire Point CEO Iryna Terekh says Ukraine has "learned the hard way" that military leverage is integral to to bringing diplomacy within reach.

Private equity is circling budget airlines after Apollo's EasyJet deal — and this carrier could be next

Private equity investors could target more undervalued airlines following Apollo's swoop for EasyJet.

Volkswagen controlling families call for faster overhaul to fend off Chinese rivals

Volkswagen's top investor on Friday called on the auto giant to take immediate action to fend off intensifying competition from Chinese car brands.