Month: April 2025
Susan Crawford wins Wisconsin Supreme Court race, defying Elon Musk
Judge Susan Crawford, the Democrat-backed nominee for the Wisconsin Supreme Court, during the final stop of the Common Sense Justice Tour ahead of the Wisconsin Supreme Court election in Madison, Wisconsin, US, on Monday, March 31, 2025. Jim Vondruska | Bloomberg | Getty Images Susan Crawford has won a seat on the Wisconsin Supreme Court, […]
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Boeing CEO faces Senate hearing on plane maker’s recovery
Kelly Ortberg, CEO of Boeing, speaking on CNBC’s Squawk Box on Jan. 28th, 2025. CNBC Boeing CEO Kelly Ortberg will testify in front of a Senate committee on Wednesday on the progress the plane maker has made on improving its manufacturing and safety standards after years of crises in both its commercial and defense units, […]
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‘Most interesting and important sector’: Asia’s family offices are putting their money in AI
Artificial intelligence has become an increasingly popular theme among family offices in Singapore and the wider Asia region, LH Koh, managing director and head of global family and institutional wealth at UBS said at CNBC’s CONVERGE LIVE event in Singapore last month. “Our family office clients are focusing on this as perhaps the most interesting and important […]
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Norway urged to scrap ban on $1.8 trillion wealth fund investing in weapons makers
Nicolai Tangen, CEO of Norges Bank Investment Management, addresses a press conference on his company’s annual results for 2024 at Norges Bank in Oslo, Norway, on January 29, 2025. Ole Berg-rusten | Afp | Getty Images Norway’s government is under growing pressure to let the country’s $1.8 trillion sovereign wealth fund invest in certain defense […]
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Investors are turning bearish on the U.S. dollar as Trump tariffs loom
Foreign currencies are advertised in a window in Times Square, one of New York’s and the nation’s top tourist attractions, on March 28, 2025, in New York City. Spencer Platt | Getty Images The rollout of U.S. President Donald Trump’s tariffs regime is dampening sentiment toward the dollar and prompting investors to look elsewhere for […]
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CNBC Daily Open: Trump tariffs could be hours away — but might be milder than thought
Trucks coming from Mexico enter the United States to an inspection station after crossing the border in Otay Mesa, California, on April 1, 2025. Sandy Huffaker | AFP | Getty Images The dread of something bad happening is usually more severe than the event itself. This could well be the case for U.S. President Donald […]
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European stocks set for negative open as global markets await Trump tariffs
European markets are heading for a negative open Wednesday as global traders brace themselves for a raft of fresh trade tariffs to be announced by U.S. President Donald Trump’s administration. The U.K.’s FTSE 100 index is expected to open 24 points lower at 8,558, Germany’s DAX down 38 points at 22,501, France’s CAC 4 points lower […]
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Europe’s pharma industry braces for tariffs as carve-out hopes fade
SEIZED OZEMPIC, WEGOVY AND OTHER WEIGHT LOSS DRUGS AT JFK AIRPORT’S INTERNATIONAL MAIL FACILITY. CNBC COPENHAGEN, Denmark — Europe’s pharmaceutical sector is bracing for the potential impact of U.S. tariffs as hopes of an industry-wide exemption by U.S. President Donald Trump fade. The pharmaceutical industry has until now been exempt from trade levies, but Trump […]
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Locked in a trade balancing act with the U.S., the UK hopes it can escape some Trump tariffs
British Prime Minister Keir Starmer and U.S. President Donald Trump shake hands during a joint press conference in the East Room at the White House, Feb. 27, 2025 in Washington, D.C., U.S. Carl Court | Via Reuters As countries around the world brace for the implementation of U.S. President Donald Trump’s trade tariffs and with […]
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Israel expands military effort in Gaza, defence minister says
Israel’s Foreign Minister Israel Katz in Jerusalem on October 7, 2024. Ahmed Gharabli | Afp | Getty Images Israeli Defense Minister Israel Katz announced a major expansion of the military operation in Gaza on Wednesday, saying large areas of the enclave would be seized and added to the security zones of Israel. In a statement, […]
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