Month: November 2025
European stocks open higher as Fed rate cut expectations rise; UK budget ahead
Lights on in skyscrapers and commercial buildings on the skyline of the City of London, UK, on Tuesday, Nov. 18, 2025. U.K. business chiefs urged Chancellor of the Exchequer Rachel Reeves to ease energy costs and avoid raising the tax burden on corporate Britain as she prepares this year’s budget. Bloomberg | Bloomberg | Getty Images LONDON […]
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Autumn Budget 2025: The UK prepares for ‘smorgasbord’ of tax hikes
After a long wait, Autumn Budget day is finally here Chancellor Rachel Reeves poses with the red box outside number 11 Downing Street on October 30, 2024 in London, England. This is the first Budget presented by the new Labour government and Chancellor of the Exchequer, Rachel Reeves. Dan Kitwood | Getty Images News | […]
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CNBC Daily Open: The weight of Nvidia’s crown
Jensen Huang is interviewed by media during a reception for the 2025 Queen Elizabeth Prize for Engineering, at St James’ Palace November 5, 2025 in London, England, U.K. Yui Mok | Getty Images Entertainment | Getty Images Uneasy lies the head that wears the crown. Shares of artificial intelligence czar Nvidia fell 2.6% on Tuesday […]
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Uber rolls out driverless robotaxis in Abu Dhabi
Driverless WeRide robotaxis for Uber. Courtesy: Uber Uber on Wednesday rolled out fully driverless rides in its fourth market, launching the service in Abu Dhabi in partnership WeRide, a Chinese autonomous vehicle company. The ride-hailing company said the launch in the United Arab Emirates capital represents the first driverless robotaxi service in the Middle East. […]
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CNBC’s UK Exchange newsletter: History lessons for Reeves ahead of UK’s much-hyped Budget
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. Follow CNBC’s coverage of the Budget throughout the day on our live blog here. The dispatch Despite the millions of words written and spoken about today’s Budget, the event will probably be all but forgotten a decade hence. […]
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China’s ‘weaponization’ of travel mirrors US strategy, says hospitality veteran
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ho Kwon Ping, Founder and Executive Chairman of Banyan Group, discusses how the China‑Japan rift is impacting travel and hospitality between the two countries, noting that China’s “weaponization” of tourism mirrors U.S. tactics. He also talks about the group’s milestone with the […]
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Taiwan’s President Lai lashes out against Beijing, pledges $40 billion in additional defense budget
TAIPEI, TAIWAN – OCTOBER 10: Taiwan President Lai Ching-te (William Lai) delivers a national day address, during the National Day Ceremony, outside the Presidential Office in Taipei, Taiwan, on October 10, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan will introduce a supplementary defense budget of 1.25 trillion Taiwanese dollars ($40 billion) as Beijing […]
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New Zealand central bank cuts rates to over 3-year low, signals end to easing cycle
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022. Hagen Hopkins | Getty Images News | Getty Images New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022, but policymakers signaled […]
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Amazon faces FAA probe after delivery drone snaps internet cable in Texas
Amazon’s new MK30 Prime Air drone is displayed during Amazon’s “Delivering the Future” event at the company’s BFI1 Fulfillment Center, Robotics Research and Development Hub in Sumner, Washington on Oct. 18, 2023. Jason Redmond | AFP | Getty Images Amazon is facing a federal probe after one of its delivery drones downed an internet cable […]
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Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations
SHANGHAI, CHINA – JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets opened higher Wednesday, tracking Wall Street gains on hopes that the U.S. Federal Reserve could cut benchmark interest rates in December. […]
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