Month: March 2025
Telcos race to transition from ‘dumb pipes’ to tech players with help from AI
Ryu Young-sang, CEO of South Korean telecoms giant SK Telecom, told CNBC that AI is helping telecoms firms improve efficiency in their networks. Manaure Quintero | Afp | Getty Images BARCELONA — Global telecommunications firms are talking up advances in key technologies like artificial intelligence as they look to transition away from being perceived as […]
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European markets set to open the new trading week higher; German debt reform vote ahead
European stocks are expected to start the new trading week in positive territory, although investors will be looking to see if global market volatility continues. The U.K.’s FTSE 100 index is expected to open 21 points higher at 8,653, Germany’s DAX up 90 points at 23,019, France’s CAC 9 points higher at 8,034 and Italy’s FTSE […]
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Trump says he will be speaking with Russia’s Putin on Tuesday
US President Donald Trump speaks to reporters aboard Air Force One while flying to Washington, DC, from Florida, on March 16, 2025, above Virginia. Brendan Smialowski | Afp | Getty Images U.S. President Donald Trump said he plans to speak to Russian President Vladimir Putin on Tuesday. “I’ll be speaking to President Putin on Tuesday. […]
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Ferrari car buyers are getting younger. CEO says 40% of new clients are now under 40
The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital. Martyn Lucy | Getty Images News | Getty Images Ferraris are becoming increasingly popular among younger buyers, with the CEO of the luxury automaker revealing that 40% of new buyers are now under the age of 40. That reflects a significant upswing […]
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China announces plan to ‘vigorously boost consumption’ in bid to shore up economy
TONGREN, CHINA – MARCH 13, 2025 – Prosecutors explain to consumers how to buy qualified products at a supermarket in Pingxi street of Yuping Dong Autonomous County in Tongren, southwest China’s Guizhou province on March 13, 2025. Cfoto | Future Publishing | Getty Images China announced a “Special Action Plan to Boost Consumption” on Sunday […]
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China’s retail sales strengthen at the start of the year, industrial output tops expectations
Pictured here is a Shanghai development under construction on Nov. 4, 2024. Cfoto | Future Publishing | Getty Images China’s economy showed a modest pickup for the first two months of the year, according to data published Monday by the National Bureau of Statistics, as Beijing reiterated its plan to bolster domestic consumption. Retail sales […]
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Trump and Putin expected to speak this week as US pushes for Russia-Ukraine ceasefire
U.S. President Donald Trump and Russian President Vladimir Putin at a joint press conference after their summit on July 16, 2018, in Helsinki, Finland. Chris McGrath | Getty Images News | Getty Images U.S. President Donald Trump is expected to speak with his Russian counterpart Vladimir Putin this week on ways to end the three-year war in Ukraine, U.S. envoy Steve Witkoff told CNN on Sunday after returning […]
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Stock futures fall after Dow posts worst week since 2023: Live updates
Traders work on the floor of the New York Stock Exchange on March 13, 2025. NYSE Stock futures fell Sunday night, after the 30-stock index posted its worst week going back to 2023. Dow futures slid 168 points, or 0.4%. S&P 500 futures and Nasdaq 100 futures dipped 0.5% and 0.5%, respectively. Stock Chart IconStock […]
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Trump administration touts deportations under Alien Enemies Act after a judge temporarily blocked its use
WASHINGTON — Trump administration officials on Sunday announced the deportations of hundreds of immigrants it alleges are members of a Venezuelan gang to El Salvador under the wartime Alien Enemies Act after a judge temporarily blocked the effort on Saturday. “The president invoked this authority to deport nearly 300 of them who are now in El Salvador, […]
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Pope Francis seen in hospital for first time as Vatican releases photo
Pope Francis concelebrates Holy Mass in the chapel of the apartment on the tenth floor of the Gemelli hospital, where he continues his treatment, in Rome, Italy, on March 16, 2025. Holy See Press Office | Via Reuters The Vatican on Sunday released the first image of Pope Francis in hospital since he began treatment […]
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