Articles

  • 2 weeks ago | cnbc.com | Dan Murphy |Natasha Turak

    Emirates President Tim Clark warned that the aviation industry is in "uncharted territory" as U.S. President Donald Trump's sweeping tariffs and trade disputes weigh on global growth and threaten to drive up costs for airlines worldwide. "Right now, we are in troubled times," Clark told CNBC in an interview recorded March 20 — ahead of Washington's announcement of its latest global levies.

  • 2 weeks ago | nbcchicago.com | Dan Murphy |Natasha Turak

    • Liberty Energy shares tumbled over 30% in just two days, as the oilfield services company founded by President Trump's Energy Secretary Chris Wright comes under heavy selling pressure. • The price of benchmark U.S. crude fell to near $60 dollars a barrel on Friday — the lowest level since 2021 and a new 52-week low.

  • 2 weeks ago | cnbc.com | Dan Murphy |Natasha Turak

    Liberty Energy lost around $600 million in market value in just two days, as the oilfield services company founded by President Donald Trump's Energy Secretary Chris Wright comes under fresh heavy selling pressure. The stock has shed 30% since Wednesday's close and was last trading 13.8% lower as of 11:00 a.m. ET. The sharp decline marks one of the steepest drops among U.S. energy services stocks in recent months.

  • Jan 14, 2025 | cnbc.com | Holly Ellyatt |Dan Murphy

    New Zealand's prime minister told CNBC the country has to look beyond its own backyard for trade opportunities, as the South Pacific island nation signs an economic partnership with the United Arab Emirates (UAE). The free trade agreement, known formally as the Comprehensive Economic Partnership Agreement (CEPA), is seen by Prime Minister Christopher Luxon as a chance to expand bilateral trade between the countries and makes the UAE one of the island's largest markets in the Middle East.

  • Nov 24, 2024 | cnbc.com | Dan Murphy |Mithil Aggarwal

    Ambitious climate action often requires ambitious financing — be it a clean energy transition project or helping developing countries mitigate the effects of natural disasters. But as extreme weather becomes more the norm and temperatures rise across the planet, what is supposed to be a critical year for funding mitigation efforts has instead turned out to be an especially frustrating one.

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Dan Murphy
Dan Murphy @dan_murphy
11 Apr 25

NOW: Asia stocks plunge. The 10YR UST on track for its sharpest rise in 3 years. Oil is sub $60 USD. Live at 8AM on AME: Simon Ballard at @FABConnects and Fadi Ghandour at @WamdaME explain the impact for the region. Tune in.

Dan Murphy
Dan Murphy @dan_murphy
10 Apr 25

RT @NatashaTurak: Tanking #oil prices could more than double Saudi Arabia's deficit, Goldman Sachs warns — putting many of the kingdom’s ma…

Dan Murphy
Dan Murphy @dan_murphy
10 Apr 25

RT @vonderleyen: His Highness @MohamedBinZayed and I just decided to launch negotiations on an EU–UAE free trade agreement. This agreement…