Month: August 2024
As riots and disorder spread, some countries warn their citizens not to travel to the UK
Riot police officers push back anti-migration protesters outside on Aug. 4, 2024 in Rotherham, U.K. Christopher Furlong | Getty Images News | Getty Images Five countries have now issued travel and safety warnings to their citizens living or visiting the U.K. as riots and street disorder continue to plague the country. The United Arab Emirates, […]
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Biggest concern is the market sell-off becoming a ‘self-fulfilling prophecy,’ research firm warns
The New York Stock Exchange is seen during afternoon trading on August 05, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty Images Sustained market declines in the wake of the recent global sell-off could become a “self-fulfilling prophecy” that eventually leads to a recession, Morningstar DBRS analysts warned. “In […]
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European stocks open higher, shaking off global market panic
Europe markets open higher on Tuesday European markets opened higher on Tuesday, with regional bourses and all sectors starting the day in the green. The pan-European Stoxx 600 was last up 0.74% at 8:11 a.m. London time. Travel and leisure stocks led gains and were last up 1.59%, while banks and tech also rose. They […]
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CNBC Daily Open: Dow sheds 1,000 points, Japan stocks rebound
A trader works on the floor of the New York Stock Exchange. NYSE 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 see? You can subscribe here. What you need to […]
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Oil giant Saudi Aramco’s second-quarter profit dips 3% on lower crude production volumes
A 3D printed natural gas pipeline on Feb. 8, 2022. Dado Ruvic | Reuters Saudi state oil giant Aramco reported $29.1 billion in net profit for the second quarter, a dip of just over 3% from the same period last year as crude production volumes remained low. Aramco reaffirmed its second-quarter base dividend of $20.3 […]
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India’s ultra-wealthy club is booming — here’s where the country’s rich are investing
Smiling businessman with laptop and credit card in a restaurant in the evening Pixelfit | E+ | Getty Images India is expected to see the fastest growth in ultra high net worth individuals globally over the next few years, according to consultancy Knight Frank. Earlier this year, India’s financial center, Mumbai, overtook Beijing to become […]
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UNESCO uses emergency procedure to name Gaza site to both its ‘World Heritage’ and ‘In Danger’ lists
UNESCO’s World Heritage Committee named a site in the Gaza Strip — Saint Hilarion Monastery, or Tell Umm Amer — to both its “World Heritage” and “World Heritage In Danger” lists in late July. The decision, made during the 46th session of the World Heritage Committee held in New Delhi, India, reflects the ancient monastery’s […]
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OpenAI co-founder John Schulman says he will leave and join rival Anthropic
The ChatGPT chat screen on a smartphone arranged in the Brooklyn borough of New York, US, on Thursday, March 9, 2023. ChatGPT has made writing computer code and cheating on homework easier. Soon, it could make email scams a cinch. That’s the warning from Darktrace Plc, the British cybersecurity firm. Gabby Jones | Bloomberg | […]
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Bangladesh PM Sheikh Hasina flees, army says interim government to be formed
Prime Minister Sheikh Hasina addresses the media at a vandalized metro station in Mirpur, after the anti-quota protests. – | Afp | Getty Images Bangladesh Prime Minister Sheikh Hasina resigned and fled the country on Monday after hundreds of people were killed in a crackdown on demonstrations that began as protests against job quotas and swelled into a movement demanding her ouster. Jubilant crowds […]
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CNBC Daily Open: Dow sheds 1,000 points
A trader works on the floor of the New York Stock Exchange (NYSE) ahead of the closing bell in New York City on August 5, 2024. Charly Triballeau | 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 […]
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