Month: December 2024
European Central Bank set to deliver final rate cut of the year
Euro higher ahead of interest rate decision The euro was slightly higher against major currencies at 9:45 a.m. London time (4:45 a.m. ET), ahead of the European Central Bank’s announcement at 1:15 p.m. The euro was up 0.17% against the U.S. dollar at $1.051, and 0.1% higher against the British pound. It jumped 0.52% against […]
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UK and EU leaders want a reset after Trump’s win — and now voters want it too
A man holds an American flag depicting president-elect Donald Trump at Parliament Square in London. Jeff J Mitchell | Getty Images News | Getty Images As U.K. and EU leaders seek to reset relations ahead of President-elect Donald Trump’s return to the White House, public sentiment also appears to be shifting in favor of closer ties […]
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European markets slightly higher ahead of expected rate cut from the European Central Bank
European markets moved higher at the start of the session, as regional investors await this year’s final monetary policy decision from the European Central Bank (ECB). The pan-European Stoxx 600 index was up 0.08% by 9:00 a.m. London time, with all major bourses and most sectors trading in the green. Oil and gas stocks added 0.92%, while media […]
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Investors were already wary of South Korean stocks. Then the country descended into chaos
People walk inside the Korea Exchange (KRX) building, as stock markets in Asia as a whole have been affected by the intensifying political turmoil over president Yoon Suk Yeol’s role in martial law, in Seoul, South Korea, on Dec. 9, 2024. Daniel Ceng | Anadolu | Getty Images South Korean markets have had a dismal […]
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CNBC Daily Open: Alphabet and Tesla power Nasdaq to record highs
The Nasdaq MarketSite in New York, June 9, 2023. Michael Nagle | Bloomberg | 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 see? You can subscribe here. What […]
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India’s ReNew Energy offered to be taken private in $2.82 billion deal
Sumant Sinha, chief executive officer of Renew Energy Global Plc, during a Bloomberg Television interview in London, UK, on June 7, 2023. Bloomberg | Bloomberg | Getty Images Some of the biggest investors in ReNew Energy Global have offered to take the company private, filings to the U.S. Securities And Exchange Commission show, in a […]
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South Korean President Yoon vows to ‘fight to the end’
SEOUL, SOUTH KOREA – NOVEMBER 07: South Korean President Yoon Suk-yeol attends a press conference on state affairs at the presidential office on Nov. 7, 2024. Pool | Getty Images News | Getty Images South Korean President Yoon Suk Yeol on Thursday lashed out at his political opponents as “anti-state forces,” said North Korea has […]
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OpenAI says ChatGPT suffers outage, company working on fix
OpenAI CEO Sam Altman visits “Making Money With Charles Payne” at Fox Business Network Studios in New York on Dec. 4, 2024. Mike Coppola | Getty Images OpenAI said Wednesday it was working to fix an outage after its popular ChatGPT assistant and Sora video generator were left inaccessible. “We have identified the issue and […]
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CNBC Daily Open: Nasdaq climbs past 20,000, powered by megacap tech gains
Tech stocks on display at the Nasdaq. Peter Kramer | CNBC 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 […]
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Asia markets open higher after Nasdaq hits record high on tame inflation data; Aussie jobless rate drops
Australia Matteo Colombo | Digitalvision | Getty Images Asia-Pacific opened higher Wednesday, following gains on Wall Street that saw the Nasdaq Composite surge to record highs after November’s inflation report met expectations. Traders in Asia assessed jobs data from Australia, which showed the country’s unemployment rate dropped to 3.9% in November from 4.1% the month prior. A […]
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