Month: January 2026
Europe must consider retaliating against Trump’s tariff ‘blackmail,’ business leaders tell CNBC
Business groups have told CNBC that the EU must consider retaliatory measures in response to U.S. President Donald Trump’s threats to impose tariffs on the bloc. The EU has frozen its EU-US trade deal in response to Trump announcing plans to impose 10% tariffs on six EU nations, alongside the U.K. and Norway from Feb. […]
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European markets set to rocket on Trump’s Greenland ‘deal,’ tariffs retreat
US President Donald Trump delivers a special address during the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. The World Economic Forum takes place in Davos from January 19 to January 23, 2026. Fabrice Coffrini | Afp | Getty Images LONDON — European stocks are expected to open higher Thursday after […]
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Fossil fuels are a ‘crutch’: How AI’s unlikely winner could be renewable energy
Stalled demand for energy in Europe pushed investors away from renewables, but artificial intelligence could see cash flow back into the sector, while also uplifting fossil fuels. Global electricity generation from renewables is expected to jump by 60% in 2030, accounting for 45% of total electricity output, per the International Energy Agency. Almost 50% of […]
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OpenAI seeking investments from Middle East sovereign wealth funds for multibillion-dollar round
Sam Altman, co-founder and CEO of OpenAI, takes part in a panel discussion on artificial intelligence at the Technical University Berlin, in Berlin, Germany, February 7, 2025. Axel Schmidt | Reuters OpenAI is in talks with sovereign wealth funds in the Middle East to try to secure investments for a new multibillion dollar funding round, […]
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CNBC Daily Open: A ‘concept’ of a plan on Greenland and no more European tariffs — Trump’s remarkable day at Davos
U.S. President Donald Trump reacts as he leaves the congress centre during the World Economic Forum (WEF) annual meeting in Davos on Jan. 21, 2026. Fabrice Coffrini | AFP | Getty Images The tariff clock stopped just in time. U.S. President Donald Trump announced Wednesday that he and NATO Secretary General Mark Rutte have agreed […]
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South Korea’s Kospi breaches 5,000 as Asia stocks rebound after Trump walks back on Europe tariff threats
A Greenlandic flag flies over a residential house on Jan. 21, 2026 in Nuuk, Greenland. Sean Gallup | Getty Images Asia-Pacific markets rebounded on Thursday, tracking gains on Wall Street after U.S. President Donald Trump walked back on his threats to impose tariffs on European countries over Greenland. South Korea’s Kospi led gains in the […]
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Japan’s December exports growth drops to 5.1%, missing expectations, as shipments to U.S. plunge
Vehicles bound for shipment parked in front of the Dream Angel vehicles carrier ship at the Nagoya Port in Nagoya, Japan, on Tuesday, June 18, 2024. Fred Mery | Bloomberg | Getty Images Japan’s exports growth in the final month of 2025 missed analysts’ estimates, rising 5.1% year on year, as shipments to the U.S. […]
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Stock futures rise after major averages rebound on easing tariff fears: Live updates
A specialist trader works at his post on the floor at the New York Stock Exchange, Jan. 21, 2026. Brendan McDermid | Reuters Stock futures rose Wednesday night after easing geopolitical fears sparked a broad-based market rally. Traders also looked ahead to a key inflation reading due in the morning. Futures tied to the Dow […]
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China’s investment crash raises credit risks for homebuilders, banks, government: Fitch
CHONGQING, CHINA – JANUARY 16: An elderly man walks along a street with high-rise residential buildings under construction in the background, where tower cranes and overhead power lines are visible on January 16, 2026, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images China’s sharp investment downturn is amplifying credit risks across […]
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South Korea grows 1.5% in fourth quarter, missing forecasts as domestic demand weakens
INCHEON, SOUTH KOREA – MAY 22: Shoppers look at goods at a Wal-Mart store May 22, 2006 in Incheon, South Korea. Chung Sung-jun | Getty Images News | Getty Images South Korea’s economic growth slowed in the final quarter of last year amid weakening domestic demand as the impact from fiscal stimulus dissipated. The economy […]
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