Explosions heard, flights canceled as U.S. and Israel strike Iran

    Iran may ‘lash out harder’ following Khamenei’s death

    Rescue forces operate at a building hit by an Iranian missile strike in Tel Aviv, Israel, on Sunday, March 1, 2026. Bloomberg | Bloomberg | Getty Images The escalating conflict in the Middle East is fueling fears that Washington’s pursuit of regime change in Iran, and Tehran’s retaliation, could destabilize regions from the Gulf to…

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    OpenAI CEO Sam Altman: Progress of Chinese tech firms is 'remarkable'

      Chinese tech companies progress remarkable

      The progress of Chinese tech companies across the entire stack is “remarkable,” OpenAI’s Sam Altman told CNBC. Altman’s comments come as China races against the U.S. to develop artificial general intelligence (AGI) — where AI matches human capabilities — and roll out the technology across society. The pace of technological advance in “many fields,” including…

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      How Lunar New Year could help China's luxury market rebound in 2026

        Businesses scramble to reach China’s growing experiences economy

        This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story There’s nothing quite like the holiday rush in China for the Lunar New Year. The Beijing city streets start emptying out several days in advance…

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          Mercedes hit by tariff costs as 2025 earnings more than halve

          The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership. Picture Alliance | Picture Alliance | Getty Images German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead, following a year marred by intense…

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