Month: September 2025
U.S. and global growth forecast lifted by OECD as economies surprise to the upside
Container backlog occurs at Longtan Port Container Terminal in Nanjing, Jiangsu Province, China, on September 21, 2025. (Photo by Costfoto/NurPhoto via Getty Images) Costfoto| Nurphoto | Getty Images The Organisation for Economic Co-operation and Development upgraded its global economic growth forecast on Tuesday, with many economies appearing more resilient than expected so far this year. […]
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What Europe can learn from Sweden’s booming IPO market
While Europe’s major financial hubs, such as London, Frankfurt, and Paris, grapple with a prolonged drought in public listings, the Stockholm Stock Exchange is leading the continent as the hottest market for initial public offerings. Companies listed in Sweden’s capital have raised nearly $2 billion so far in 2025 — more than eight times the […]
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Orsted shares jump 7% after U.S. court overturns Trump project block
Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast. Ucg | Universal Images Group | Getty Images Shares of Danish renewables giant Orsted jumped on Tuesday, after a U.S. judge ruled the embattled firm can resume construction of an offshore wind farm that was halted by […]
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European stocks set to rise after Wall Street sets fresh records
Stocks listed in Europe looked set to open broadly higher on Tuesday, following a Wall Street rally that propelled all three major U.S. indexes to record highs. Futures tied to the Euro Stoxx 50 were last seen trading 0.1% higher. Those linked to the French CAC 40 and Germany’s DAX index were last up by […]
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CNBC Daily Open: A virtuous cycle for Nvidia and OpenAI
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference (GTC) at the SAP Center in San Jose, California, U.S. March 18, 2025. Brittany Hosea-Small | Reuters Rarely in life do you get a win-win scenario, but Nvidia seems to have conjured one in its partnership with OpenAI. The chipmaker — which […]
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Singapore core inflation rate comes in softer than expected, hits fresh four-year lows
The view from the rooftop pool of the Marina Bay Sands resort hotel, which overlooks the financial district skyline of Singapore. Anthony Wallace | Afp | Getty Images Singapore’s core inflation posted its softest rise since February 2021, coming in at 0.3% for August as services costs eased. The figure — which strips out prices […]
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Trump-Xi meeting likely to happen next year, says U.S. ambassador to China
U.S. Ambassador to China David Perdue speaks to reporters in Beijing on Sept. 23, 2025. CNBC | Evelyn Cheng BEIJING — A highly anticipated meeting between the U.S. and Chinese presidents is more likely to take place next year than this fall, U.S. Ambassador to China David Perdue said Tuesday. “We’re looking forward to getting […]
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Fashion boss touts resilience as key leadership trait as industry battles tariff uncertainty
CEO of the British Fashion Council Laura Weir. Dave Benett | Dave Benett Collection | Getty Images The British Fashion Council’s newest CEO is bringing her own leadership flair to the role, touting resilience as a top trait to navigate difficult times amid tariffs and economic uncertainty. Laura Weir, a former creative director at Selfridges, […]
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CNBC Daily Open: When you’re good to Nvidia, Nvidia’s good to you
Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks during the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Rarely in life do you get a win-win scenario, but Nvidia seems to have conjured one in its partnership with OpenAI. The chipmaker […]
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Asia-Pacific markets set to open higher, tracking Wall Street gains on tech stocks rally
Pedestrians crossing street at night in Hong Kong, China Nathan Road Nikada | E+ | Getty Images Asia-Pacific markets were set to open higher Tuesday, tracking Wall Street gains on tech stocks’ rally. Australia’s ASX/S&P 200 was poised to open higher, with its futures contract trading at 8,867, against the index’s last close of 8,810.9. […]
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