World
Europe ready to respond ‘in a proportionate way’ as Trump touts tariffs, top EU official says
Europe will respond to any tariffs imposed by U.S. President Donald Trump in a proportionate way, the European Union’s commissioner for the economy told CNBC on Wednesday. “If there is a need to defend our economic interests, we will be responding in a proportionate way,” Valdis Dombrovskis told CNBC’s Steve Sedgwick on the sidelines of […]
Read More
Davos 2025 live updates: Leaders and CEOs hone in on monetary policy and security
LONDON — Welcome back to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland. CNBC’s guest highlights today include ECB President Christine Lagarde, who will speak to Karen Tso at 9:15 a.m. Davos time, and Spanish Prime Minister Pedro Sanchez, who will […]
Read More
European markets expected to maintain positive momentum
LONDON — European stocks are expected to open higher Wednesday, continuing positive sentiment seen in global markets since the start of the week. The U.K.’s FTSE index is expected to open 7 points higher at 8,557, Germany’s DAX up 98 points at 21,140, France’s CAC 40 up 13 points at 7,786 and Italy’s FTSE MIB up […]
Read More
Kevin O’Leary says he would ‘love to do a TikTok deal,’ but the law prevents it
Photo illustration shows the TikTok logo displayed on a mobile phone screen. Sopa Images | Lightrocket | Getty Images Canadian investor Kevin O’Leary is still interested in a TikTok deal, but it’s not possible under current law, he told CNBC, as President Donald Trump extended the deadline for a ban on the social media platform. […]
Read More
CNBC Daily Open: Trump tariff restraint sends markets higher
US President Donald Trump displayed on a television during a news broadcast on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, Jan. 21, 2025. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors […]
Read More
Asia-Pacific markets mixed as investors assess Trump tariff comments
Crimson clouds light up the skyline of Victoria Harbour on July 14, 2022 in Hong Kong, China. Li Zhihua | China News Service | Getty Images Asia-Pacific markets traded mixed Wednesday, as investors parse President Donald Trump’s comments on imposing a 10% tariff on China. Australia’s S&P/ASX 200 rose 0.42%. Japan’s Nikkei 225 added 1.32%, […]
Read More
S&P 500 futures rise after Tuesday’s post-inaugural rally: Live updates
Traders work on the floor of the New York Stock Exchange on Jan. 15, 2025, in New York City. David Dee Delgado | Getty Images S&P 500 futures rose Tuesday night after the first trading session post Inauguration Day ended with strong gains. S&P 500 futures rose 0.20%, while Nasdaq 100 futures gained 0.47%. Dow […]
Read More
Trump says he’s considering a 10% tariff on China beginning as soon as Feb. 1
U.S. President Donald Trump delivers remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. Carlos Barria | Reuters President Donald Trump said that his team was discussing a 10% tariff on China and that the duty could take effect as early as Feb. 1. “We’re talking about […]
Read More
Europe’s luxury giants brace for a turnaround in fortunes amid China pivot
Europe’s beleaguered luxury sector could be set for a turn in fortunes this year, as early indicators point to improved consumer spending and a pivot away from China. Luxury shares shot up in trading last week after Cartier owner Richemont reported its “highest ever” quarterly sales in the three months to December, indicating a rebound […]
Read More
Bank of Japan is expected to hike rates this week, CNBC survey shows
Bank of Japan Governor Kazuo Ueda delivers a speech at the start of issuance of new yen banknotes at the Bank of Japan headquarters in Tokyo on July 3, 2024. Str | Afp | Getty Images The Bank of Japan is expected to raise its benchmark interest rate this week by 25 basis points, according […]
Read More