Year: 2025
Italy’s UniCredit posts fourth-quarter profit beat, raises shareholder returns
Key Points Italy’s second-largest lender UniCredit on Tuesday posted a fourth-quarter profit beat, raising shareholder returns amid market focus on the bank’s M&A overtures. The bank upped its cash dividend pay-out guidance to 50% of net profit in 2025, from 40% in 2024. CEO Andrea Orcel said UniCredit was progressing onto the next phase of […]
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Stock futures inch lower as investors look ahead to key inflation readings due this week: Live updates
Traders work on the floor at the New York Stock Exchange on Feb. 10, 2025. Spencer Platt | Getty Images U.S. stock futures traded lower early Tuesday as investors looked toward key inflation reports due later in the week. Dow Jones Industrial Average futures slipped 69 points, or around 0.15%. Futures tied to the S&P […]
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Trump tariffs are ‘punitive,’ former U.S. ambassador to Singapore says, warns of U.S. job losses
PORTSMOUTH, UNITED KINGDOM – OCTOBER 28: The container ship Vung Tau Express sails loaded with shipping containers close to the English coast on October 28, 2024 in Portsmouth, England. Matt Cardy | Getty Images News | Getty Images Tariffs proposed by U.S. President Donald Trump are not simply symbolic, but are punitive and will “cost […]
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Asian economies scramble to appease Trump as the U.S. president ratchets up tariff threats
PORTSMOUTH, UNITED KINGDOM – OCTOBER 28: The container ship Vung Tau Express sails loaded with shipping containers close to the English coast on October 28, 2024 in Portsmouth, England. Matt Cardy | Getty Images News | Getty Images As the specter of Donald Trump’s reciprocal tariffs looms, several Asian economies that enjoy substantial trade surpluses […]
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Chinese companies don’t know where to put their cash — and it’s sparking a record rise in dividend payouts
The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images Chinese companies are enticing investors with record dividend payouts and share buybacks amid rigorous corporate governance reform, with some market watchers saying more are on the horizon. Last year, Chinese listed firms paid out […]
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BYD rolls out driver assistance tech across its EV models — with DeepSeek’s AI help
Key Points Chinese electric car giant BYD announced late Monday that it was releasing a “DiPilot” assisted driving system for its cars, which includes a 69,800 yuan ($9,555) low-cost vehicle. BYD also said it was integrating artificial intelligence from Chinese startup DeepSeek into at least the most advanced version of the new driver assist system. […]
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Hong Kong will file complaint to WTO on U.S. tariffs, official says
The headquarters of the World Trade Organization in Geneva on Feb. 5, 2024. Fabrice Coffrini | Afp | Getty Images Hong Kong will file a complaint on recent U.S. tariffs imposed on the city to the World Trade Organization, claiming the U.S. has completely ignored the city’s status as a separate customs territory, chief secretary Eric Chan said on Tuesday. “This is absolutely inconsistent with […]
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CNBC Daily Open: Trump’s cuts continue sweeping through the US government, and even the penny is not spared
Rolls of US pennies are seen in this photo illustration in Washington, DC, February 10, 2025. Saul Loeb | Afp | Getty Images It’s been just over three weeks into the second term of U.S. President Donald Trump, and the flurry of announcements from the White House shows no sign of abating. The administration is […]
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Trump says Hamas should free all hostages by midday Saturday or ‘let hell break out’
President Donald Trump said on Monday that Hamas should release all hostages held by the militant group in Gaza by midday Saturday or he would propose canceling the Israel-Hamas ceasefire and “let hell break out.” Trump cautioned that Israel might want to override him on the issue and said he might speak to Israeli Prime […]
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Justice Department orders charges against NYC Mayor Eric Adams dismissed
New York City Mayor Eric Adams arrives for Police Commissioner Jessica Tisch’s “State of the NYPD” address on January 30, 2025 in New York City. Michael M. Santiago | Getty Images News | Getty Images Acting U.S. Deputy Attorney General Emil Bove has ordered federal prosecutors in New York to drop corruption charges against New York […]
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