Month: March 2025
Trump’s tariffs could push U.S. allies elsewhere — including China and India
U.S. President Donald Trump listens as Indian Prime Minister Narendra Modi speaks during a joint press conference in the East Room at the White House on February 13, 2025 in Washington, DC. Alex Wong | Getty Images News | Getty Images Tariffs from U.S. President Donald Trump could push allies to forge closer relationships with […]
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From fashion to alcohol, these sectors are being swept up in the U.S.-EU trade war
FILE PHOTO: A worker welds a steel tube at HCC, a company that uses parts to make combines, at the factory in Mendota, Illinois, U.S., February 21, 2025. Vincent Alban | Reuters European consumers face higher prices on items from cars to jeans, while major industries including steel, retail and agriculture grapple with reduced competitiveness […]
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‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals
Key Points Last week at Mobile World Congress (MWC) in Barcelona, CEOs of European telecoms firms called on regulators to make it easier for them to combine their operations with other businesses. Currently, there are numerous telco players operating in different European countries. However, telco bosses say they’d be able to compete more effectively with […]
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‘I hated team sports’: How Olympian Michael Johnson learned to be a leader
Michael Johnson celebrates winning the Men’s 200m at the 1996 Summer Olympics in Atlanta, Georgia. David Madison | Getty Images LONDON — Olympic sprinter Michael Johnson’s sporting career did not get off to the most auspicious start. “I hated team sports,” he told an audience at CNBC’s CONVERGE LIVE in Singapore on Thursday, referring to […]
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Chinese stocks up 2.4%, leading gains in Asia, despite fall on Wall Street: Live updates
Wangwukong | Stone | Getty Images Asia-Pacific markets mostly rose on Friday despite a plunge in all three benchmarks in the U.S. over the previous session amid concern about President Donald Trump’s tariff plans. Mainland China’s CSI 300 reversed its losses on Thursday to trade 2.4% higher at 11:47 a.m. Singapore time, leading gains in […]
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Communication is now even more important to getting renewable projects off the ground, experts say
(From left) CNBC’s Steve Sedgwick moderates an IoT panel with Cenk Alper, CEO of Sabanci Holding, Christina Shim, chief sustainability officer of IBM, and Mitesh Patel, interim CEO and COO of SunCable International, at CONVERGE LIVE on March 13, 2025. Renewable energy companies can shorten the long approval process needed for their projects by communicating […]
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China’s ‘Netflix’ iQiyi is set to open a theme park with virtual reality based on its own shows
Key Points Chinese videostreaming platform iQiyi said Thursday it plans to open its first theme park this year, based on characters from its own shows. The forthcoming “iQiyi Land” is set to open in the city of Yangzhou in Jiangsu province, just over two hours from Shanghai by high-speed train. Legoland is opening its first […]
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Robots, drones and AI: How next-generation tech is changing the global supply chain
Soem comapnies are using next-gen technologies such as robotics in their warehouses. Imaginima | E+ | Getty Images In a world where speed and convenience are paramount to customers, logistic providers are turning to emerging technologies such as artificial intelligence and robotics to stay competitive. Multinational logistics company DHL has been using robotics “very extensively” […]
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Newsmax paid $40 million to settle defamation suit over 2020 election claims
News anchors work at Newsmax’s booth during the second day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, July 16, 2024. Patrick T. Fallon | Afp | Getty Images Cable outlet Newsmax Media has paid $40 million to settle allegations it defamed Smartmatic by reporting false claims that the voting […]
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Private equity is heading for a shake-up, experts say: ‘This market actually is a good reset’
Serena Tan, CEO of Gaia Investment Partners and Scott Hahn, CEO of Hahn & Co at CNBC’s CONVERGE LIVE on Thursday, March 13, Singapore. CNBC The private equity market could be heading for a shake-up, with several fund managers facing difficulties in raising cash, Serena Tan, CEO of Gaia Investment Partners, a Malaysian fund of […]
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