Once viewed with fear and skepticism, airport biometric screenings are now preferred and even expected by global travelers, according to a report by the air transport technology company Sita.”The more passengers use it, the more they like it,” the report stated.Globally, the number of people who haven’t used biometric technology at airports dropped to 31% this year from 41% in 2024, the report said.Comfort levels are rising as consumers use biometric identification to access everything, from their mobile phones to their workplaces, said Sarah Samuel, senior vice president of airport and airline operations in Asia-Pacific at the travel technology company…
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Shoppers in Walnut Creek, California, US, on Tuesday, Oct. 7, 2025. David Paul Morris | Bloomberg | Getty ImagesPresident Donald Trump’s tariffs are pushing inflation generally higher as companies are caught between absorbing the costs or passing them onto customers, according to a Federal Reserve report Wednesday.The central bank’s periodic Beige Book report, published eight times a year generally at about six-week intervals, categorized overall economic growth as having “changed little” since the last report on Sept. 3. Labor markets “were largely stable” as demand was “muted” for most of the Fed’s 12 districts.When it came to prices, though, Trump’s…
Liquid cooled servers in an installation at the Global Switch Docklands data centre campus in London, UK, on Monday, June 16, 2025.Bloomberg | Bloomberg | Getty ImagesEurope’s ambitious artificial intelligence strategy is at risk of colliding with an often overlooked but critically important environmental issue: water scarcity.The European Union has big plans for data center expansion, announcing in April that it intends to at least triple its capacity over the next five to seven years as part of a push to become a world-class AI hub.The rapid rollout of data centers, which power all aspects of the digital economy, from…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today’s episode of CNBC Crypto World, digital currencies fall again as investors make sense of U.S.-China trade tensions and the ongoing government shutdown. Plus, Tether pays $300 million to Celsius Network’s bankruptcy estate. And, John D’Agostino of Coinbase Institutional discusses where crypto markets are headed.09:50Wed, Oct 15 20253:00 PM EDT Source link
The India-flagged oil tanker Desh Ujaala is pictured in the Gulf waters near Al-Basrah Oil Terminal (ABOT), about 50 kilometres offshore of Iraq’s southern Faw peninsula, on August 5, 2025. Hussein Faleh | AFP | Getty ImagesU.S. President Donald Trump said Wednesday that Indian Prime Minister Narendra Modi told him New Delhi will stop buying oil from Russia, though the move will take time.”[Modi] assured me today that they will not be buying oil from Russia. That’s a big stop.” Trump said at the press briefing in the Oval Office. “Now we’ve got to get China to do the same…
Earlier in the week, we looked at the upcoming DuPont electronics business spinoff and what investors are getting with the new Qnity Electronics, which has a strong foothold in the semiconductor industry. Now, here is a look at what will be left of the new DuPont after the planned Nov. 1 split and the stocks starting to trade separately two days later. With electronics out of the picture, the new DuPont will focus on four key markets: health care, water, and diversified industrials. The revenue split is about 25% health care, 24% construction, 22% water, 16% industrials/aerospace, printing and packaging,…
U.S. Treasury Secretary Scott Bessent speaks as he and U.S. Trade Representative Jamieson Greer hold a press conference on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., Oct. 15, 2025. Ken Cedeno | Reuters China has been using its dominance in the rare earth industry to slash prices, driving foreign competitors out, U.S. Treasury Secretary Scott Bessent told CNBC on Wednesday stateside in an exclusive interview. He characterized the country as having “a nonmarket economy.”In response, the Trump administration will “exercise industrial policy” to set price floors in a range of industries. Price floors are a…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailAsia Pacific is leading the world in stablecoin activity, with over a trillion dollars worth of stablecoins moving in, out and within the region in 2024, according to an International Monetary Fund working paper. So, what’s driving Asia’s stablecoin surge? Source link
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Wednesday and what’s on the radar for Thursday’s session. United Airlines United Airlines ‘ summer earnings and its profit outlook topped estimates. However, revenue fell short, sending shares down about 2% in after hours. While the stock has lagged the S & P 500 this year, United has been the best performer among the major airlines. Year to date,…
Australia, Victoria, Melbourne, buildings on bank of Yarra riverPeter Adams | Stone | Getty ImagesAsia-Pacific markets rose Thursday, tracking Wall Street gains on strong bank earnings in a volatile trading session.Investors have been on edge in recent days as global trade tensions have escalated. The Cboe Volatility Index (VIX), known to many as Wall Street’s fear gauge, has trended higher over the past week, rising last Friday to more than 21.6, or its most elevated level since late May. The index finished at 20.6 on Wednesday stateside.Australia’s ASX/S&P 200 rose 0.16%. Investors will look to the country’s jobs data for September,…
