Month: February 2025
Russia and U.S. begin talks on ending the war in Ukraine, while Europe can’t agree a peacekeeping plan
U.S. Middle East envoy Steve Witkoff, Secretary of State Marco Rubio, National Security Advisor Mike Waltz, Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan al-Saud, National Security Advisor Mosaad bin Mohammad al-Aiban, the Russian president’s foreign policy advisor Yuri Ushakov, and Russia’s Foreign Minister Sergei Lavrov attend a meeting together at Riyadh’s Diriyah Palace on […]
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Wind energy just had a record year in Germany — but the federal election could shake things up
Cars and trucks drive along a country road in stormy weather. Jan Woitas | Picture Alliance | Getty Images 2024 was a strong year for aeolian energy in Germany, with permit awards for onshore wind turbines accelerating, according to industry data — but the upcoming Feb. 23 election means the sector now faces uncertainty, amid […]
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Singapore Budget 2025: More support for businesses and households to ease living costs
The Singapore Parliament building. Prime Minister Lawrence Wong noted in his 2025 budget that while the country’s economy grew by more than 4% in 2024, it will be difficult to achieve that level of growth on a sustained basis. Bloomberg | Bloomberg | Getty Images Singapore has announced a slew of support measures for both […]
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European markets rise as defense stocks continue rally
UK unemployment steady at 4.4% in final quarter of 2024 Advert on back of bus for staff vacancies in Ipswich, England. Geography Photos | Universal Images Group | Getty Images The U.K.’s unemployment held steady at 4.4% in the three months to December, data from the country’s Office for National Statistics showed on Tuesday. The […]
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Musk’s xAI releases artificial intelligence model Grok 3, claims better performance than rivals in early testing
Muhammed Selim Korkutata | Anadolu | Getty Images Elon Musk’s xAI on Tuesday unveiled its latest artificial intelligence model, Grok 3, claiming it can outperform offerings from OpenAI and China’s DeepSeek based on early testing, which included standardized tests on math, science and coding. “We’re very excited to present Grok 3, which is, we think, […]
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France’s 2026 budget to be a ‘demanding’ undertaking, French economy minister warns
Ironing out the 2026 budget of the euro zone’s second-largest economy will prove a “demanding” task, French Economy Minister Eric Lombard told CNBC’s Charlotte Reed, after lawmakers earlier this month finally adopted 2025’s financial plan after a spate of tumultuous, government-toppling attempts. France has charted a trajectory to reduce its public deficit, aiming to reach […]
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Huawei launches $3,660 trifold phone outside of China as it charts international comeback
A Huawei Technologies Mate XT smartphone arranged in Hong Kong on Sep. 24, 2024. Lam Yik | Bloomberg | Getty Images Huawei launched its trifold smartphone outside of China on Tuesday, as it plots a comeback in international markets after getting hammered by U.S. sanctions. The Mate XT will have a starting price tag of […]
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CNBC Daily Open: Europe pushes for a role in Ukraine’s peace talks
European officials attend extended Weimar talks on Ukraine at the Ministry for Europe and Foreign Affairs (Quai d’Orsay) in Paris on Feb. 12, 2025. Christophe Petit Tesson | Afp | Getty Images As the U.S. took a break (from wild overhauls in government policies and its bureaucracy), across the Atlantic, Europe was springing into action […]
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Australia’s central bank cuts interest rate for the first time in more than four years
Reserve Bank of Australia (RBA) at the central bank’s building in Sydney, Australia on May 2, 2022. Brendon Thorne | Bloomberg | Getty Images The Reserve Bank of Australia on Tuesday cut benchmark interest rates for the first time in over four years, joining ranks with other major global central banks, as softening inflation allows […]
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CNBC Daily Open: Europe wants a say in Ukraine peace plan
Germany’s Foreign Minister Annalena Baerbock (L) talks with High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission Kaja Kallas at the Ministry for Europe and Foreign Affair)in Paris, on Feb. 12, 2025. Christophe Petit Tesson | Afp | Getty Images As the U.S. took a break (from wild overhauls in […]
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