Year: 2025
Euro zone inflation rose to 2.4% in December, meeting expectations
A man rides bicycle on a snow-covered street after snowfall in Frankfurt am Main, western Germany, on December 29, 2024. Kirill Kudryavtsev | Afp | Getty Images Annual inflation in the euro zone rose for a third straight month to reach 2.4% in December, statistics agency Eurostat said Tuesday. The reading was in line with […]
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dLocal, Latin America’s answer to Stripe, wins UK license in global expansion push
DLocal is one of Latin America’s most prominent payment players. It specializes in cross-border payments for emerging markets such as Brazil, Mexico, Colombia and its home country, Uruguay. Sopa Images | Lightrocket | Getty Images LONDON — Uruguayan payments firm dLocal has secured a U.K. payment institution license, adding to the company’s growing portfolio of […]
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CNBC Daily Open: The AI sector still has legs to run
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada, on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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European markets head for lower open, with traders focused on euro zone inflation data
European markets are heading for a negative open on Tuesday as investors in the region focus on the latest euro zone inflation data. The U.K.’s FTSE 100 index is expected to open 40 points lower at 8,200, Germany’s DAX down 87 points at 20,123, France’s CAC down 33 points at 7,414 and Italy’s FTSE MIB down […]
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Nvidia releases gaming chips for PCs, tapping AI features from data center GPUs
Jensen Huang, Nvidia’s founder, president and CEO, speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center in Washington, D.C., on Sept. 27, 2024. Chip Somodevilla | Getty Images Nvidia revealed new chips for desktop and laptop PCs on Monday that use the same Blackwell […]
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Nippon Steel CEO doubles down on pledge to acquire U.S. Steel after suing Biden administration
This picture taken on Feb. 16, 2024 shows a logo of Nippon Steel Corp. at the company’s Kyushu manufacturing base in Kitakyushu city of Fukuoka Prefecture. U.S. President Joe Biden plans to express concern over Nippon Steel’s proposed $14.9 billion purchase of U.S. Steel, a person familiar with the matter said on Wednesday, pushing the […]
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Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances
Samsung Electronics plans to ramp up its on-device AI business, with the aim of exceeding global market growth in the consumer electronics segment this year. The global consumer electronics market for smartphone, TV and home appliances will grow roughly 3% in 2025, Jong-Hee Han, chief executive officer of Samsung Electronics, told CNBC’s Chery Kang. Samsung, […]
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Shares of Tencent fall over 5% in Hong Kong after U.S. designates it as a Chinese military company
Jonathan Raa | Nurphoto | Getty Images Shares of Chinese tech heavyweight Tencent Holdings tumbled 5.4% in Hong Kong after the company was added to a list of “Chinese military companies” by the U.S. Department of Defense. The move follows a near 8% fall in Tencent’s U.S. depository receipts on Wall Street. Other Chinese companies […]
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While Apple negotiates Indonesia sales ban, another Chinese smartphone maker is entering the country
Key Points Huawei spinoff Honor announced Tuesday it is entering Indonesia and plans to launch its smartphones there by the end of March. The populous Southeast Asian country has banned Apple’s iPhone 16 over domestic production requirements. As of November, Oppo, Xiaomi and Transsion — all China-based — held the top three spots in Indonesia […]
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CNBC Daily Open: The AI peak hasn’t crested yet
The Nvidia headquarters in Santa Clara, California, U.S., on Tuesday, Nov. 19, 2024. David Paul Morris | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you […]
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