Month: December 2024
Nvidia shares slip after China opens investigation over possible violation of antimonopoly law
NVIDIA founder, President and CEO Jensen Huang speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center on September 27, 2024 in Washington, DC. Chip Somodevilla | Getty Images Nvidia shares were under pressure Monday after a Chinese regulator said it was investigating the chipmaker […]
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From Trump and Turkey, to Russia and Iran — Syria’s regime change has huge global consequences
TOPSHOT – This aerial picture shows a bullet-riddled portrait of Syrian President Bashar al-Assad adorning Hama’s municipality building after it was defaced following the capture of the city by anti government fighters, on December 6, 2024. Omar Haj Kadour | Afp | Getty Images The dramatic toppling of Bashar al-Assad’s Syrian regime at the hands […]
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Indian travelers will be ‘the story’ of the next 10 years, says Hilton APAC President
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Hilton Asia-Pacific President Alan Watts told Squawk Box Asia that outbound travelers from India increased from 10 million to 27.3 million in 2024. He said present-day travel from India “is minuscule compared to what it’s going to be in the future.” Source
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Travel recovery is ending — and a new era of growth is beginning
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email International arrivals are set to fully recover from the Covid-19 pandemic this month, according to UN Tourism, marking the end of the travel recovery era and ushering in a new age of global growth. Source
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Ant Group gets new CEO as billionaire founder Jack Ma talks up AI in rare appearance
Jack Ma, founder of Alibaba Group, speaks during 2020 China Green Companies Summit on September 29, 2020 in Haikou, Hainan Province of China. Liu Yang | Visual China Group | Getty Images Ant Group president and finance chief Cyril Han will take over as chief executive officer from next year, the financial technology giant announced […]
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UK business confidence falls to lowest level in almost two years after Labour budget
Members of the public are seen shopping for Black Friday deals in Glasgow, Scotland. Jeff J Mitchell | Getty Images News | Getty Images LONDON — British businesses lost steam and pulled back on hiring last month, as industry reacted to the Labour government’s bumper tax-raising budget, new data showed Monday. Business confidence in the […]
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China vows ‘more proactive’ fiscal stimulus measures, ‘moderately’ looser monetary policy
Chinese President Xi Jinping attends a reception dinner at the Great Hall of the People ahead of China’s National Day in Beijing, China on September 28, 2023. Jade Gao | Pool | via Reuters China’s leaders on Monday pledged “more proactive” fiscal measures and “moderately” looser monetary policy next year to boost domestic consumption, according […]
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European markets higher as new trading week kicks off; Gucci-owner Kering rises over 4%
European markets opened higher on Monday as the new trading week kicked off, with investors weighing geopolitical turmoil. The pan-European Stoxx 600 was up by around 0.3% at 8:34 a.m. London time, with most major regional bourses and sectors trading in positive territory. Traders will be assessing geopolitical upheaval in the Middle East after the […]
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South Korea President Yoon banned from foreign travel as leadership crisis deepens
People gather outside the National Assembly, after South Korean President Yoon Suk Yeol declared martial law, in Seoul, South Korea, December 4, 2024. Soo-hyeon Kim | Reuters South Korean President Yoon Suk Yeol has been banned from leaving the country over a failed attempt at imposing martial law, a justice ministry official said on Monday, […]
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CNBC Daily Open: Political uncertainty intensifies over the weekend
National Syrian Army soldiers celebrate after opposition forces led by Hayat Tahrir al-Sham took control of the Hama city center and surrounding villages on Dec. 6, 2024, in Hama, Syria. Dia Images | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings […]
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