World
Europe markets set for mixed open as investors assess Trump’s visa crackdown
European stocks were set for a mixed open on Monday, as investors closely monitored U.S. President Donald Trump’s visa crackdown. The U.K.’s FTSE 100 index was poised to open roughly 5 points lower at 9,216, Germany’s DAX was seen down 6 points at 23,633, while France’s CAC was set to open 6 points higher at […]
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Europe’s IPO uptick sparks hopes of a much needed rebound
A slew of new IPOs across Europe are sparking hopes of a broader wave of public debuts in the region, despite continued private market appetite among investors. A number of firms — ranging from fintech to defense, and software to energy — have either recently floated or are rumored to be eyeing an IPO in […]
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Hedge fund bears are scaling back Kering short positions as new CEO plots resurgence
Key Points Kering’s share price nears year-to-date high as new CEO Luca de Meo names Francesca Bellettini to lead Gucci revival. Interest in short positions on luxury group’s stock has fallen since the summer, suggesting some hedge funds are easing their negative stance. The group’s fortunes under the new regime will be keenly watched by […]
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She tripled her income to $220,000 a year by leaving her 9 to 5 for fractional work: ‘I’m never going back to one boss’
Rachael De Foe, 31, works as a fractional head of communications. Courtesy of Rachael De Foe. In late 2019, Rachael De Foe was burnt out, so she took a leap of faith that many dream of but never do: she quit her nine-to-five job without anything lined up. The Singapore-native had spent the past few […]
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China leaves benchmark lending rates unchanged as expected, despite Fed rate cut
BEIJING, CHINA – OCTOBER 12: The People’s Bank of China (PBOC) building is pictured on October 12, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images China kept its benchmark lending rates unchanged for the fourth straight month on Monday despite the U.S. Federal Reserve’s interest rate cut last week. The People’s […]
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CNBC Daily Open: U.S. inflation report on Friday will tell if rate cut was a good idea
Federal Reserve Chairman Jerome Powell talks with reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC. Chip Somodevilla | Getty Images The U.S. personal consumption expenditures price index for August comes out Friday. The Federal Reserve will hope the report shows headline inflation is either […]
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Asia-Pacific markets set to open mixed ahead of China’s loan prime rate decision
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and […]
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Stock futures are little changed after Dow, S&P 500 hit fresh records: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 15, 2025. Brendan McDermid | Reuters U.S. stock futures were little changed Sunday night following a strong week for the major averages, in which the Dow Jones Industrial Average and S&P 500 closed at fresh all-time highs. […]
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South Korea’s President Lee says U.S. investment demands would spark a financial crisis
South Korean President Lee Jae Myung speaks during a South Korea-U.S. business roundtable at The Willard Hotel in Washington, D.C., U.S., August 25, 2025. Annabelle Gordon | Reuters South Korea’s economy could fall into crises rivaling its 1997 meltdown if the government accepts current U.S. demands in stalled trade talks without safeguards, President Lee Jae […]
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UK, Canada and Australia formally recognize a Palestinian state, breaking with the U.S.
LONDON — The United Kingdom, Canada and Australia officially recognized Palestine as a state on Sunday, marking a significant shift in foreign policy and a step away from their alignment with the United States, with several other European nations and U.S. allies set to follow suit this week. “Today, to revive the hope of peace for the Palestinians […]
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