Infineon Raises 2026 Revenue Outlook as AI Data Center Demand Fuels Record Quarterly Sales 
Asian Stocks Cautious Ahead of US Jobs Data as Oil Rises 
Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls 
Sinopec Boosts Russian ESPO Oil Purchases as Middle East Supply Tightens 
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data 
DeepSeek to Raise AI API Prices as Demand for New Models Surges 
US Stock Futures Rise as Markets Await July Payrolls Data 
DoorDash Q2 Revenue Jumps 36% as Orders and DashPass Growth Drive Results 
DHL Q2 Profit Jumps 24% as Express Business Drives Growth 
US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise 
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff 
Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns 
US Job Growth Seen Picking Up in July 
US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets 
UOB Q2 Net Profit Rises 10% as Wealth Management Growth Boosts Earnings 
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment 
CNN Worldwide, or Cable News Network International, announced it has appointed a new chief operating officer for its business operations worldwide. The company named David C. Leavy as its new COO.
As per Deadline, the newly-appointed COO is a top executive at Warner Bros. Discovery. He is also a long-time assistant of the New York-headquartered mass media and entertainment company’s chief executive officer, David Zaslav.
He has been with Warner Bros. Discovery for 23 years already, and his position before the COO appointment is the head of corporate affairs at CNN Global, CNN Worldwide’s parent company. It was said that even as he moves to a new role at the news network, Leavy will still maintain public policy and social responsibility administration.
The TV network said that Leavy’s appointment will take effect on June 20, and once he takes over, his task at the company include overseeing the commercial business and managing both operational and promotional activities across the entire TV network. He is expected to report to CNN Worldwide chairman and CEO, Chris Licht.
“David’s deep operational experience, institutional knowledge and key industry relationships perfectly complement the strengths of our leadership team,” Licht said in a press release. “He is a strategic, versatile and dynamic executive who will work with myself and the senior leadership team to help transform our business as we get the full programming slate on the air, build out our digital future and grow the CNN brand around the world.”
The CNN Worldwide CEO added, “Everyone who works with David has seen how his energy, work ethic and collaborative style positively impacts an organization, and I can’t wait for him to join me and the CNN team.”
Photo by: Rubaitul Azad/Unsplash
