Month: April 2025
From mining giants to Big Oil, major players are jumping on the ‘white hydrogen’ bandwagon
The construction site of a plant for the production of hydrogen in Germany. Picture Alliance | Picture Alliance | Getty Images A growing number of sizable companies, from mining giants to energy majors, are embracing the hype for natural hydrogen. It comes as buzz continues to build over the potential for a resource that advocates […]
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Indian airlines can’t fly over Pakistan. Here’s how that is affecting flights
Pakistan’s closure of its airspace to Indian airlines Thursday is forcing carriers to alter some routes that link India to Europe, North America, Central Asia and the Middle East. Indian carriers — including Air India, IndiGo, Akasa Air and SpiceJet — must now fly longer, and thus costlier, flights on some westbound routes. The detour […]
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Singapore negotiating for U.S. concessions on pharmaceuticals, chips
Gan Kim Yong, Singapore’s deputy prime minister, during a panel session, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. Stefan Wermuth | Bloomberg | Getty Images Singapore is negotiating concessions for pharmaceutical exports to the U.S. while ensuring it still has access to high-end AI chips from the American market, said Trade and Deputy Prime […]
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Chinese factories are stopping production and looking for new markets as U.S. tariffs bite
Textile manufacturing workers in Binzhou, Shandong, China, on April 23, 2025. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese manufacturers are pausing production and turning to new markets as the impact of U.S. tariffs sets in, according to companies and analysts. The lost orders are also hitting jobs. “I know several factories that have […]
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CNBC Daily Open: Trump’s ‘America First’ might leave the U.S. behind
A Southwest Airlines Boeing 737 departs from San Diego International Airport with an American flag in the foreground on April 20, 2025 in San Diego, California, U.S. Kevin Carter | 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 […]
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Asia-Pacific markets rise as investors await further stimulus from China
Shanghai urban skyline and the bund, China. Comezora | Moment | Getty Images Asia-Pacific markets rose higher Monday as investors await further stimulus measures from China as well as developments in trade negotiations between the U.S. and countries in the region. Over the weekend, China’s finance minister Lan Fo’an said that the Asian powerhouse will […]
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Stock futures tick lower as investors brace for a busy earnings week: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on April 22, 2025 in New York City. Michael M. Santiago |Getty Images Stock futures edged lower on Sunday evening ahead of a packed earnings week. Futures tied to the Dow Jones Industrial Average shed 60 points, or 0.1%. S&P 500 […]
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The dollar has fallen over 8% this year. How much further could it go?
Investment banks are warning of a potential structural decline in the U.S. dollar , citing risks ranging from dramatic shifts in U.S. trade policy to the potential unwinding of massive foreign investments in American assets. The dominant view among major institutions leans toward sustained dollar weakness. Deutsche Bank last week forecast a “structural dollar downtrend,” […]
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Trump’s approval ratings fall as he nears 100 days in office, polls show
U.S. President Donald Trump speaks to members of the media as he departs for Rome, Italy, to attend Pope Francis’ funeral, at the White House in Washington, D.C., U.S., April 25, 2025. Leah Millis | Reuters President Donald Trump’s approval rating is dipping as he nears 100 days in office and Americans grow skeptical of […]
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European deregulation push creates ‘moment of opportunity’ to boost growth
Spurring European deregulation and economic growth was a powerful theme that emerged as an answer to challenges raised by the U.S. tariff campaign and questions about American “exceptionalism” at the International Monetary Fund’s annual spring meeting in Washington last week. European officials pointed to the idea of regulatory “simplification” as a way to boost business after […]
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