Day: August 14, 2025
European stocks set for muted open; UK economy grows more than expected
Carlsberg’s second-quarter sales miss expectations on soft volumes Brent Lewin| Bloomberg | Getty Images Danish brewer Carlsberg on Thursday reported slightly weaker-than-expected second-quarter sales on weaker volumes, but nevertheless raised its 2025 guidance towards the upper end. The world’s third-largest brewer posted revenues of 25.7 billion Danish kroner ($4 billion) in the three months to […]
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UK economy grows by better-than-expected 0.3% in second quarter
Thousands of sunbathers enjoy the hot, sunny weather on Brighton Beach in East Sussex. An amber heat-health alert is active nationwide, with temperatures expected to reach 34°C, during the UK’s fourth heatwave of the year. Sopa Images | Lightrocket | Getty Images The U.K. economy expanded by a better-than-expected 0.3% in the second quarter, according […]
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AI demand boosts iPhone maker Foxconn’s second-quarter profit by 27%, beating forecasts
Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Taiwan’s Foxconn, the world’s largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year over year, as it leans into […]
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Buy or avoid India’s IT stocks after recent job cuts? 3 pros share their take
Job cuts and muted earnings in India’s IT sector have left some investors wondering if they should steer clear of such stocks. Tata Consultancy Services, one of the country’s biggest private sector employers, announced last month that more than 12,000 staff in mostly middle and senior management roles would be cut. That accounts for around […]
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How Putin could try to outmaneuver Trump when they meet
Russian President Vladimir Putin’s standing in the West may be pretty low, but he’s a skilled and seasoned statesman who shouldn’t be underestimated, analysts say — and he’s likely to be looking to outmaneuver his less experienced U.S. counterpart when the leaders meet in Alaska on Friday. Putin and U.S. President Donald Trump are meeting […]
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In one of the world’s most expensive cities, more workers are living paycheck to paycheck
Customers buying groceries at a supermarket in Singapore. Bloomberg | Bloomberg | Getty Images Singapore’s reputation for financial prudence and high savings is showing signs of strain. Rising costs and a growing prioritization for experiences and self-care are taking precedence over long-term financial planning, experts observed. “At the end of every month, when my salary […]
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CNBC Daily Open: Despite cooler-than-expected CPI, economists agree higher prices are coming
David Solomon, CEO of Goldman Sachs, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Don’t mess with DJ D-Sol — Goldman Sachs CEO David Solomon’s stage name when he’s rocking the clubs in his other life as a DJ. U.S. President Donald […]
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Stock futures are little changed as investors await more inflation data: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on August 12, 2025 in New York City. Spencer Platt | Getty Images News | Getty Images Stock futures were relatively unchanged on Wednesday after the S&P 500 and Nasdaq Composite rallied to new records and as investors gear up for more data […]
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