Month: November 2025
Standard Chartered CEO believes nearly all global transactions will move to the blockchain ‘eventually’
Standard Chartered Plc bank branch in Hong Kong Bloomberg | Bloomberg | Getty Images Bill Winters, CEO of Standard Chartered, foresees a future in which nearly all global transactions are conducted on a digital blockchain ledger, he told a crowd in Hong Kong on Monday, as crypto adoption amongst mainstream banking and finance institutions grows. […]
Read More
‘Useless’ and ‘hopeless’: Ryanair CEO slams U.K. government over travel tax
Ryanair Group CEO Michael O’Leary gestures while making a point during a press conference with Eddie Wilson, CEO of Ryanair, and Jason McGuinness, Commercial Director, to talk about the future of the company’s operation in the Portuguese market on July 23, 2024 in Lisbon, Portugal. Horacio Villalobos | Corbis News | Getty Images Ryanair chief […]
Read More
European markets start the new trading month higher
An aerial view of the Shard on June 28, 2012 in London, England. Greg Fonne/Getty Images LONDON — European stocks opened the new trading week — and month — on a positive note ahead of a busy week of central bank decisions and earnings. The pan-European Stoxx 600 opened just above the flatline. The U.K.’s […]
Read More
India now incurs higher U.S. tariffs than China. What does it say about Trump’s foreign policy?
US President Donald Trump and Indian Prime Minister Narendra Modi arrive to hold a joint press conference in the East Room of the White House in Washington, DC, on February 13, 2025. Jim Watson | Afp | Getty Images De-escalation in tensions between China and the U.S. after their leaders met in South Korea last […]
Read More
CNBC Daily Open: U.S. stocks’ gains in October owe much to AI
Jensen Huang, CEO of Nvidia, reacts during the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 31, 2025. Kim Soo-hyeon | Reuters Traders who shorted the S&P 500 — essentially, betting that it would go down — last month were in for a rude surprise. The broad-based index ended the month […]
Read More
Stocks are defying gravity — but investors say these triggers could spark a ‘sizeable’ correction
Global stock markets are soaring, with U.S. indexes continuing to rally and the Stoxx Europe 600 , FTSE 100 and Spain’s IBEX all hitting record highs last week. But some investors are now warning that a wave of rising risks — from weaker consumer spending to faltering earnings growth and a potential bond market revolt […]
Read More
The global critical minerals race is heating up — and rare earths stocks are skyrocketing
A wheel loader takes ore to a crusher at the MP Materials rare earth mine in Mountain Pass, California, U.S. January 30, 2020. Steve Marcus | Reuters The emergence of critical minerals as a new arena of geopolitical competition has coincided with a dizzying rally in U.S.-listed rare earths mining stocks. Despite paring gains in […]
Read More
K-pop prospects brighten on China market hopes as Seoul and Beijing sign content exchange deal
CHENGDU, CHINA – JANUARY 05: Lee Teuk, Ye Sung, Dong Hae and Kim Ryeo Wook of South Korean boy group Super Junior attend a press conference on January 5, 2020 in Chengdu, Sichuan Province of China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images K-pop prospects have brightened after […]
Read More
China’s Baidu says weekly robotaxi rides hit 250,000 — same as Alphabet’s Waymo this spring
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — As Baidu ramps up its robotaxi operations worldwide, fully driverless weekly rides as of Oct. 31 have now surpassed 250,000 orders, according to a spokesperson for the company’s driverless car unit Apollo Go. […]
Read More
China’s factory activity slows down in October, missing expectations, private survey shows
Robots manufacture auto parts at a factory in Ningde, China, on Oct. 17, 2024. Nurphoto | Nurphoto | Getty Images China’s factory activity growth in October missed market expectations, dragged down by a sharper drop in new export orders, as trade tensions with the U.S. intensified during the month, according to a private survey released […]
Read More