Month: April 2025
Putin announces 3-day ceasefire in May to mark 80 years since WW2 victory
Russian President Vladimir Putin visits a nuclear submarine base March 26, 2025, in Murmansk, Russia. Contributor | Getty Images News | Getty Images Russian President Vladimir Putin on Monday declared a three-day ceasefire in the war with Ukraine next month to mark the 80th anniversary of the victory of the Soviet Union and its allies […]
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Meta’s AI spending comes into focus amid Trump’s tariff policies
Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025. Evelyn Hockstein | Reuters Mark Zuckerberg’s plan is to make Meta the market leader in artificial intelligence. Investors will want to know how President Donald Trump’s tariffs-heavy trade […]
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Agriculture isn’t nearing trade war tariffs crisis, ‘it is full blown crisis already’ farmers say
A crane unloads peas imported from Canada at the Laizhou port area of Yantai Port in Yantai, China, on February 28, 2025. Nurphoto | Nurphoto | Getty Images The clock is ticking on trade deals that the U.S. will need to strike with many nations, most notably China, to avoid what Trump’s Treasury Secretary has […]
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Deliveroo shares soar to three-year high after U.S. giant DoorDash makes takeover bid
Shares of British food delivery firm Deliveroo jumped to their highest level in more than three years on Monday, after the company confirmed it had received a $3.6 billion takeover offer from U.S. firm DoorDash. Deliveroo first made the announcement after European markets closed on Friday. In a follow-up update Monday, it said it was immediately suspending […]
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European real estate investment rises in the first quarter but macro uncertainty clouds outlook
Haussmann architecture buildings are reflected on the facade of Samaritaine department store in central Paris on October 10, 2023. Dimitar Dilkoff | Afp | Getty Images Europe’s real estate sector is recovering at pace following years of subdued activity, with investment volumes rising by a quarter over the past 12 months, according to new research […]
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Philippines says China has not seized disputed South China Sea reef
Philippine coast guard personnel and a Chinese coast guard ship on April 23, 2023. Ted Aljibe | Afp | Getty Images The Philippines said Monday there was no truth to news reports that Beijing has seized control of a disputed reef in the South China Sea, after its personnel landed on the unoccupied sandbars and found no Chinese presence there. Chinese state broadcaster CCTV on Friday […]
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China rolls out employment support and hints at more stimulus as U.S. tensions escalate
A job fair in Beijing in 2022. China’s urban jobless rate among those aged from 16 to 24, excluding students, stood at an elevated level of 16.5% in March 2025, according to data from the National Bureau of Statistics. Jade Gao | Afp | Getty Images BEIJING — Senior Chinese officials on Monday outlined plans […]
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German fiscal boost won’t outweigh tariff drag for euro zone, IMF’s Europe head says
Higher German infrastructure spending will boost Europe’s economic growth in the coming years — but not enough to outweigh the expected drag from U.S. tariffs, according to Alfred Kammer, director of the European department at the International Monetary Fund. The IMF last week cut its growth outlook for the euro area, also making downgrades for […]
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CNBC Daily Open: Countries are pivoting away from the U.S. amid Trump policies
Harvard University on April 17, 2025, in Cambridge, Massachusetts. Sophie Park | Getty Images News | Getty Images U.S. President Donald Trump’s “America First” ideology, which, generally speaking, prioritizes the domestic over the international, rests on the assumption that the world needs America more than it needs the world. This may be true for the […]
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Europe markets set to open higher; Italy’s Mediobanca makes $7.2 billion bid for Banca Generali
Mediobanca puts in $7.2 billion takeover offer for Banca Generali The logo of a Mediobanca Premier bank branch in Brescia, Italy, on Friday, Jan. 24, 2025. Bloomberg | Bloomberg | Getty Images Italian lender Mediobanca on Monday made a public 6.3 billion euro ($7.17 billion) offer to buy domestic peer Banca Generali as it seeks […]
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