Year: 2025

BMW posts 37% drop in annual net profit, warns of ‘subdued’ Chinese demand
WUHAN, CHINA – MAY 25: (CHINA OUT) Attendees wear protective masks as they look around the at BMW Ix3 during 2023 Central China International Auto Show on May 25, 2023 in Wuhan, Hubei province, China. More than 80 brands took part in the 2023 Central China International Auto Show which started on Thursday. According to […]
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China, Iran, Russia kick off talks in Beijing on Iran’s nuclear issues
A picture taken on November 10, 2019, shows an Iranian flag in Iran’s Bushehr nuclear power plant, during an official ceremony to kick-start works on a second reactor at the facility. ATTA KENARE | AFP via Getty Images Senior diplomats from Iran, Russia and China gathered in Beijing on Friday for talks on Tehran’s nuclear […]
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UK economy unexpectedly shrank by 0.1% in January
Men and women socialize at the end of the day outside The Castle Pub in London, United Kingdom. Robert Nickelsberg | Getty Images News | Getty Images The U.K.’s economy unexpectedly shrank by 0.1% month-on-month in January, official figures showed on Friday. Britain’s Office for National Statistics said the fall was mainly due to a […]
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Trump’s tariffs could push U.S. allies elsewhere — including China and India
U.S. President Donald Trump listens as Indian Prime Minister Narendra Modi speaks during a joint press conference in the East Room at the White House on February 13, 2025 in Washington, DC. Alex Wong | Getty Images News | Getty Images Tariffs from U.S. President Donald Trump could push allies to forge closer relationships with […]
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‘Please unleash us,’ Europe’s telcos urge regulators as industry bangs drum for more mega-deals
Key Points Last week at Mobile World Congress (MWC) in Barcelona, CEOs of European telecoms firms called on regulators to make it easier for them to combine their operations with other businesses. Currently, there are numerous telco players operating in different European countries. However, telco bosses say they’d be able to compete more effectively with […]
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‘I hated team sports’: How Olympian Michael Johnson learned to be a leader
Michael Johnson celebrates winning the Men’s 200m at the 1996 Summer Olympics in Atlanta, Georgia. David Madison | Getty Images LONDON — Olympic sprinter Michael Johnson’s sporting career did not get off to the most auspicious start. “I hated team sports,” he told an audience at CNBC’s CONVERGE LIVE in Singapore on Thursday, referring to […]
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Chinese stocks up 2.4%, leading gains in Asia, despite fall on Wall Street: Live updates
Wangwukong | Stone | Getty Images Asia-Pacific markets mostly rose on Friday despite a plunge in all three benchmarks in the U.S. over the previous session amid concern about President Donald Trump’s tariff plans. Mainland China’s CSI 300 reversed its losses on Thursday to trade 2.4% higher at 11:47 a.m. Singapore time, leading gains in […]
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Communication is now even more important to getting renewable projects off the ground, experts say
(From left) CNBC’s Steve Sedgwick moderates an IoT panel with Cenk Alper, CEO of Sabanci Holding, Christina Shim, chief sustainability officer of IBM, and Mitesh Patel, interim CEO and COO of SunCable International, at CONVERGE LIVE on March 13, 2025. Renewable energy companies can shorten the long approval process needed for their projects by communicating […]
Read MoreChina’s ‘Netflix’ iQiyi is set to open a theme park with virtual reality based on its own shows
Key Points Chinese videostreaming platform iQiyi said Thursday it plans to open its first theme park this year, based on characters from its own shows. The forthcoming “iQiyi Land” is set to open in the city of Yangzhou in Jiangsu province, just over two hours from Shanghai by high-speed train. Legoland is opening its first […]
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