Month: October 2025
Top European Central Bank board members see sticky inflation but clear rate path
Joachim Nagel, Germany’s central bank governor and ECB member, shares his latest thoughts on inflation and the possibility of rate hikes in the euro zone. Bloomberg | Bloomberg | Getty Images European Central Bank Governing Council member Joachim Nagel said that while inflation will remain sticky, the current path for interest rates remains clear. Speaking […]
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CNBC’s Inside India newsletter: UPI’s global push: Exporting indigenous tech, and furthering economic strategy
Paytm, PhonePe, Google Pay (Gpay) and Bhim UPI QR Codes (Standee) are Kept outside for Cashless payments at a medical store in Gurugram on the outskirts of New Delhi, India on 16 May 2020. Nasir Kachroo | NurPhoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, […]
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Chance of AI market correction is ‘pretty high,’ says ex-Meta exec Nick Clegg as he pushes back on superintelligence
File: Meta President Global Affairs Nick Clegg speaks during a press conference at the Meta showroom in Brussels on December 07, 2022. Kenzo Tribouillard | Afp | Getty Images The chance of a market correction in the artificial intelligence sector is “pretty high,” former Meta executive and British politician Nick Clegg warned on Wednesday, as […]
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TSMC hits yet another record as profit surges 39%, beating estimates on AI chip demand surge
The TSMC logo is displayed on a building in Hsinchu, Taiwan April 15, 2025. Ann Wang | Reuters Taiwan Semiconductor Manufacturing Company on Thursday reported a 39.1% increase in third-quarter profit from last year, beating estimates and hitting a fresh record as demand for artificial intelligence chips stayed strong. Here are the company’s results versus […]
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CNBC Daily Open: Major U.S. banks enjoy a blowout quarter — assuaging trade war concerns
U.S. Treasury Secretary Scott Bessent adjusts his glasses during a meeting with U.S. President Donald Trump and President of Argentina Javier Milei in the Cabinet Room at the White House on Oct. 14, 2025 in Washington, DC. Kevin Dietsch | Getty Images China has been using its dominance in the rare earth industry to slash […]
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UK economy sees meager growth of 0.1% in August, in line with expectations
Millennium Wheel And Skyline At Sunset. London, England. Design Pics Editorial | Universal Images Group | Getty Images The British economy expanded by a lackluster 0.1% in August, according to the latest figures from the Office for National Statistics. “Production grew by 0.4% in August 2025, whereas services showed no growth and construction fell by […]
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Flyers once viewed airport biometrics with fear and skepticism. Now they prefer it
Once viewed with fear and skepticism, airport biometric screenings are now preferred and even expected by global travelers, according to a report by the air transport technology company Sita. “The more passengers use it, the more they like it,” the report stated. Globally, the number of people who haven’t used biometric technology at airports dropped […]
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FCC moves to expel one of Hong Kong’s largest telco companies from U.S. networks
People walk past a PCCW sign in Hong Kong. Mike Clarke | AFP | Getty Images Regulators in the U.S. have moved to block one of Hong Kong’s largest telecommunications companies from accessing domestic networks, citing national security concerns. The U.S. Federal Communications Commission announced on Wednesday that it had initiated proceedings to potentially bar […]
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Thirsty AI mega projects raise alarm in some of Europe’s driest regions
Liquid cooled servers in an installation at the Global Switch Docklands data centre campus in London, UK, on Monday, June 16, 2025. Bloomberg | Bloomberg | Getty Images Europe’s ambitious artificial intelligence strategy is at risk of colliding with an often overlooked but critically important environmental issue: water scarcity. The European Union has big plans […]
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Trump says Modi assured him India will stop Russian oil purchases, but timeline unclear
The India-flagged oil tanker Desh Ujaala is pictured in the Gulf waters near Al-Basrah Oil Terminal (ABOT), about 50 kilometres offshore of Iraq’s southern Faw peninsula, on August 5, 2025. Hussein Faleh | AFP | Getty Images U.S. President Donald Trump said Wednesday that Indian Prime Minister Narendra Modi told him New Delhi will stop […]
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