Tankers located in the waters near Ceuta, Spain are transferring crude oil from Russia to reach the Asian markets in spite of Western sanctions.Europa Press News | Europa Press | Getty ImagesYemen’s Iran-backed Houthi rebels attacked two crude oil tankers — the Saudi-flagged Amjad and the Panama-flagged Blue Lagoon I — in the Red Sea on Monday, the U.S. military said, calling the assaults “reckless acts of terrorism”.The Houthis late on Monday claimed responsibility for targeting the Blue Lagoon with multiple missiles and drones but did not make any mention of the Saudi tanker.The U.S. Central Command said the Houthis attacked the two tankers with two ballistic missiles and a one-way attack uncrewed aerial system, hitting both vessels.Both vessels were laden with crude oil,…
Author: usaeverydaylife
Stay informed on all the biggest stories in Formula 1. Sign up here to receive the Prime Tire newsletter in your inbox every Monday and Friday.MONZA, Italy — Andrea Kimi Antonelli’s Formula One practice debut was over nearly as quickly as it started.The 18-year-old driver topped the timesheets early during first practice ahead of the Italian Grand Prix; however, he soon lost control through Parabolica, the high-speed Turn 11, crashing into the tire barriers. The Formula Two driver was okay and walked away feeling like he learned a lesson “in a tough way.”“I learned that I cannot go flat out looking for…
People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024. Jaap Arriens | Nurphoto | Getty ImagesThis 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 where they are. Like what you see? You can subscribe here.What you need to know todayA flat marketU.S. markets were closed Monday for the Labor Day holiday. The pan-European Stoxx 600 dipped 0.04% as diverging sectors balanced the scales: Telecoms stocks added 0.78% while retail stocks lost…
China’s troubled housing market will continue to see softness as a slew of government stimulus and support measures have not been “satisfactory” in propping up the sector, according to a JPMorgan economist.The “housing market crash is still not over yet,” Haibin Zhu, chief China economist at JPMorgan told CNBC’s “Squawk Box Asia” Monday, adding home prices would not stabilize until 2025 at the earliest.The average price for new home sales across 100 Chinese cities rose by a modest 0.11% from July, a further slowdown from June’s 0.13% growth, according to data released by China Index Academy Saturday. Resale home prices…
Three down, 35 to go.An international break is upon us just as the Premier League was clicking into gear. On Saturday, Arsenal dropped points at home for the first time since mid-April, Manchester City continued a 12-game winning streak and we were treated to the latest comeback from two goals down in Premier League history at Goodison Park.Sunday did not disappoint, either. Newcastle United edged a fiercely contested clash with Tottenham Hotspur before Liverpool made light work of Manchester United in a comprehensive 3-0 victory, with Arne Slot becoming the first Liverpool manager to win his first game at Old…
A MLB store in the Myeongdong shopping district in Seoul, South Korea, on Saturday, March 9, 2024.Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets mostly climbed on Tuesday as investors assess South Korea’s August inflation numbers, which eased to its lowest level on a year-on-year basis since March 2021.The country’s consumer price index recorded a 2% rise year on year, coming down from July’s 2.6% and in line with expectations from a Reuters poll of economists.On a month-on-month basis, the CPI rose 0.4%, slightly higher than the 0.3% expected from the Reuters poll.Japan’s Nikkei 225 was 0.18% up in early trade,…
Investors have been looking beyond the United States, and one Asian country stands out, according to Malcolm Dorson, a senior portfolio manager at Global X ETFs. “Investors are now looking for international allocations, and their first stop has been India,” amid expectations of rate cuts in the United States, Dorson – who manages the Global X Active India ETF – told CNBC Pro on Aug. 24. Global X’s parent, Mirae Asset, is one of the largest foreign asset managers in India. “Indian stocks have been remarkable. We’re seeing participation in global market upside but really little participation in terms of…
CHARLOTTE, N.C. — Adam Thielen didn’t need six weeks of training camp and preseason practices to see a change in Bryce Young. Thielen noticed something different about the Carolina Panthers’ second-year quarterback in April when the team convened for the start of its offseason program.“I saw it the day he got back here for OTAs. You could just see his mindset, his energy, his confidence. And I think his ability to just be himself,” Thielen said. “It’s difficult at times to be yourself when you first come to a new place and to a new league. You’re just trying to…
Wall Street bank Citi has identified two stocks that it believes are well-positioned to thrive regardless of shifts in the interest rate environment or political landscape. Citi’s research comes ahead of the Federal Reserve’s potential interest rate cut later this month and the upcoming U.S. elections in November. The investment bank said three areas within the green sector — clean water, energy efficiency, and nuclear energy — are “less rate/politics sensitive” and attractive for investors, in a note to clients on Aug. 30. Ecolab , a Minnesota-based water purification and hygiene firm and infrastructure engineer firm IDEX are the two…
Follow live coverage of Day 8 at the 2024 US OpenNEW YORK — Karolina Muchova already had shot of the tournament sewn up when she produced an early contender for the best performance of the U.S. Open so far.Muchova’s 6-3, 7-6(5) win over Naomi Osaka last Thursday night was a masterclass of variety and shotmaking. In one service game in the second set, Muchova held to love thanks to two volley winners, an ace, and a devilish slice that a discomfited Osaka could only flub into the net.Osaka wasn’t at her best, but rallied in the second set, and briefly…
