Month: February 2025
Tech investor Prosus to buy Just Eat Takeaway.com for $4.3 billion
Just Eat Takeaway said it was delisting its shares from the London Stock Exchange due to the “low liquidity and trading volumes” of its shares on the exchange. Mike Kemp | In Pictures | Getty Images European food delivery giant Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in an all-cash deal […]
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European stocks head for broadly higher open as traders react to German election results
European markets are expected to open in broadly higher territory Monday as traders react to the results of the German federal election. The U.K.’s FTSE 100 index is expected to open 10 points higher at 8,672, Germany’s DAX up 229 points at 22,486, France’s CAC up 16 points at 8,165 and Italy’s FTSE MIB 6 points […]
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DeepSeek has stoked a rotation out of India stocks into Chinese equities — but experts advise caution
A Chinese national flag, left, and an Indian national flag are arranged for a photograph. Bloomberg | Bloomberg | Getty Images DeepSeek’s breakthrough in artificial intelligence has boosted investor sentiment around China stocks, with a gauge of the country’s onshore as well as offshore shares soaring over 26% since its January low. The surge in […]
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Singapore inflation climbs at the slowest rate since February 2021
Buildings in Singapore, on Monday, Feb. 17, 2025. Bloomberg | Bloomberg | Getty Images Singapore’s inflation climbed by its lowest rate since February 2021, increasing 1.2% year on year in January, down from 1.6% in December. This is the first key piece of economic data since Singapore unveiled its 2025 budget on Feb. 18, which […]
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Trump says Dan Bongino to be FBI deputy director
Dan Bongino in Hollywood, Florida on Nov. 17, 2022. Jason Koerner | Getty Images Entertainment | Getty Images President Donald Trump said in a post on social media Sunday that Dan Bongino, a conservative talk show host, will be deputy director of the FBI. Bongino will join Kash Patel, who was recently confirmed by the Senate as director of the FBI. Trump said Bongino was named to the role by Patel. The […]
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China’s latest action plan shows it’s trying to boost foreign investment amid geopolitical tensions
Tensions between the world’s two largest economies have escalated over the last several years. Florence Lo | Reuters BEIJING — China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses’ calls for more concrete actions. On Feb. 19, authorities published a “2025 action plan for stabilizing foreign investment” to make it easier for […]
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CNBC Daily Open: Europe-U.S. relationship takes center stage
19 February 2025, Berlin: Visitors walk in front of the German flag in the dome of the Bundestag. Picture Alliance | Picture Alliance | Getty Images The transatlantic relationship between Europe and the U.S. has been one of the world’s longest alliances, and yet it has never been more closely watched than the past month. […]
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Asia-Pacific markets open lower as U.S. data stokes fears of sticky inflation and slower growth
Junkboat of Hong Kong at Night Nikada | E+ | Getty Images Asia-Pacific markets opened lower after Wall Street logged its worst session of the year last Friday on lackluster U.S. economic data that pointed to a slowing economy and sticky inflation. Australia’s S&P/ASX 200 extended losses to a sixth straight session, opening 0.81% lower. In […]
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Stock futures rise on Sunday evening after losing week on Wall Street: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on Feb. 19, 2025. Michael M. Santiago | Getty Images Stock market futures moved higher on Sunday evening as Wall Street looked to bounce back from a slide late last week. Futures for the Dow Jones Industrial Average added 125 points, […]
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Some US agencies tell workers not to reply to Musk’s ‘What did you do last week’ email
WASHINGTON, Feb 23 (Reuters) – Multiple U.S. agencies have told employees not to respond immediately to a demand by President Donald Trump’s adviser Elon Musk to list their accomplishments in the past week or be fired, as a chaotic campaign to cull the federal workforce pushes forward. Trump administration-appointed officials at the FBI and State Department sent their staff emails telling them not […]
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