Month: August 2024
European stocks cautiously higher as market uncertainty lingers; Sweden’s Riksbank cuts rates
Casper Hedberg | Bloomberg | Getty Images LONDON — European stocks were cautiously higher Tuesday, with market uncertainty lingering over the outlook for interest rate cuts. The pan-European Stoxx 600 index was up 0.15% in early deals, with sectors and major bourses trading in mixed territory. Tech stocks added 1.28%, while oil and gas fell […]
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Proposed 7-Eleven buyout deal will likely face anti-trust scrutiny, retail analyst says
A 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kawasaki, Japan, on Monday, Aug. 19, 2024. Bloomberg | Bloomberg | Getty Images Circle K operator Alimentation Couche-Tard’s proposal to acquire Japanese rival and 7-Eleven owner Seven & i Holdings Co., is likely to attract antitrust scrutiny, particularly in the U.S., according to […]
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CNBC Daily Open: Wall Street extends winning run
Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | Getty Images This 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 […]
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Enjoying life while you can: Expat who moved to Lithuania shares a key lesson Americans can learn
Bernard Meyer lives with his wife and two daughters in Lithuania. Bernard Meyer Bernard Meyer moved to Lithuania from the U.S. just over a decade ago — and says he’s learned one key life lesson living in the country: how to have better work-life balance. Lithuania, located in northeastern Europe, was named the world’s happiest […]
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Singapore introduces measures to cool the public housing market
The Pinnacle@Duxton, a Housing & Development Board (HDB) public housing estate, center, in Singapore, on Monday, Feb. 19, 2024. Bloomberg | Bloomberg | Getty Images Singapore has tightened the maximum loan that home buyers can take out in a bid to cool the country’s public housing resale market. From Tuesday, buyers of HDB flats won’t […]
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Alaska Airlines and Hawaiian Airlines merger clears Justice Department hurdle, now faces DOT
Alaska and Hawaiian Airlines planes takeoff at the same time from San Francisco International Airport (SFO) in San Francisco, California, United States on June 21, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Alaska Airlines said that its plan to acquire Hawaiian Airlines has cleared the U.S. Justice Department after the period for antitrust […]
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‘Travel is too expensive right now’: Americans are spending less or skipping trips altogether
Travelers may have finally had enough. With revenge travel over and pandemic savings depleted, travelers say they’re planning fewer trips this summer, or skipping their vacations altogether. “After two straight years of strong gains, the number of Americans planning to take leisure trips is taking a dip,” states a summer travel report from Deloitte Insights. […]
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Australia and Indonesia seal treaty-level defense pact
National flags of Indonesia and Australia flutter before a meeting between Indonesia’s Defence Minister Prabowo Subianto and Australia’s Deputy Prime Minister and Defence Minister Richard Marles at the office of the Defence Ministry in Jakarta on February 23, 2024. Yasuyoshi Chiba | Afp | Getty Images Australia and Indonesia agreed a treaty-level defense cooperation agreement which allow Australian and Indonesian militaries to […]
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Global commodities’ biggest winners and losers this year — and where they’re headed
A farmer collecting grain from a combine harvester during the wheat harvest on a farm near Benfleet, UK, on Monday, Aug. 12, 2024. Bloomberg | Bloomberg | Getty Images The global commodities market has been volatile this year, with prices remaining largely elevated. Orange juice and cocoa futures surged to record highs in the first […]
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CNBC Daily Open: Wall Street extends winning run
Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | Getty Images This 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 […]
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