Month: November 2024
Russian food prices are soaring — but no one dares blame Putin and the war
Shoppers with a cart choose vegetables and fruits at the Okey supermarket in St. Petersburg. Sopa Images | Lightrocket | Getty Images A break-in at a small food store in the Russian city of Yekaterinburg wouldn’t usually make headlines around the world, but this time was different. CCTV footage from the store, Dairy Place, in […]
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Robotics engineers are in high demand — so what is the job like?
They’re some of the world’s most in-demand tech jobs, but what does a day in the life of a robotics engineer look like? CNBC got a first-hand look at how robots are transforming three very different industries. From the operating theater to the factory floor and the testing laboratory, robots have transformed the way people […]
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Singapore’s inflation rate falls in October, hitting lowest point since March 2021
SINGAPORE — Singapore’s headline inflation rate fell to 1.4% in October, down from September’s figure of 2%, as the cost of cars dropped and rent prices rose at a slower pace. The consumer price index rise was also lower than the 1.8% that was expected among economists polled by Reuters. It marked the first time […]
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CNBC Daily Open: Small- and mid-caps outperformed last week
The New York Stock Exchange. Brendan McDermid | Reuters 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 know today Winning week […]
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UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion
A logo on the UniCredit SpA headquarters in Milan, Italy, on Saturday Jan. 22, 2022. Bloomberg | Getty Images Italian lender UniCredit on Monday offered to snap up its domestic rival Banco BPM for roughly 10 billion euros ($10.5 billion) in a move it says is separate from its pursuit of German bank Commerzbank. The […]
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Can Saudi Arabia keep pace with its ambitious mega-project spending spree?
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM In Saudi Arabia’s northwestern desert, a sprawling construction site replete with cranes and pile drivers sits encircled by a recently-built road. A pair of tracks cuts through the site like deep gashes through the sand, comprising the spine of what planners say […]
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Pipeline operator ONEOK to buy remaining shares of EnLink in $4.3 bln deal
The Oneok website on a laptop computer arranged in Brooklyn, New York, on Tuesday, May 16, 2023. Gabby Jones | Bloomberg | Getty Images Pipeline operator ONEOK said on Sunday it would buy the remaining shares of peer EnLink Midstream, for $4.3 billion in an all-stock deal, boosting its presence in the Permian Basin amid increased consolidation […]
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Deaths of 6 travelers suspected to be caused by tainted alcohol. Here’s where incidents happen the most
Six travelers have died from suspected methanol poisoning after visiting the tourist town of Vang Vieng, Laos, this month. The travelers — two from Australia, two from Denmark, one from United Kingdom and one from United States — are believed to have consumed alcohol tainted with methanol, which is sometimes illegally added to regular or […]
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China’s central bank keeps medium-term loan rate unchanged amid yuan weakness
A man walks past the People’s Bank of China (PBOC) building on July 20, 2023 in Beijing, China. (Photo by Jiang Qiming/China News Service/VCG via Getty Images China News Service | China News Service | Getty Images China on Monday kept its medium-term lending rate steady, as the country’s central bank seeks to stabilize the […]
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Six travelers have died from suspected methanol poisoning in Laos, highlighting a larger problem in Asia
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Some fourteen people were reportedly sickened following a night out in Vang Vieng around Nov. 12, report CNBC’s Monica Pitrelli. Methanol is cheaper than ethanol, which is the alcohol that’s normally found in beer, wine and spirits. Odorless and colorless, drinking 30 […]
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