World
Trade war has no winners, China’s vice premier warns, as Trump threatens tariffs
Chinese Vice Premier Ding Xuexiang speaks during COP29 on Nov. 12, 2024. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese Vice Premier Ding Xuexiang warned there are “no winners” in a trade war, as the world’s second-largest economy faces the possibility of tariffs under the freshly-inaugurated administration of Donald Trump. “Protectionism leads no […]
Read More
Europe must ‘wake up’ and boost competitiveness — or risk falling behind in the Trump era, CEOs warn
European business chiefs on Tuesday warned that the region risks falling behind its U.S. and Asian counterparts, if it fails to innovate and adapt to a fast-changing world that is expected to see an acceleration of global policy changes during President Donald Trump’s second term in office. Europe was “always lagging behind” its counterparts in […]
Read More
World’s biggest sovereign wealth fund warns markets at risk from tariff-fueled inflation
Nicolai Tangen, chief executive officer of Norges Bank Investment Management, during a news conference in Oslo, Norway, on Tuesday, Jan. 30, 2024. Norway’s $1.6 trillion wealth fund added to its bets in the biggest technology companies last year after interest in artificial intelligence drove a surge in the sector. Bloomberg | Bloomberg | Getty Images […]
Read More
European stocks open mixed as Trump 2.0 kicks off; Energy firm Orsted drops 15% on U.S. impairment
LONDON — European stocks opened in mixed territory on Tuesday, as traders reviewed the first executive orders that newly inaugurated U.S. President Donald Trump signed on Monday. The pan-European Stoxx 600 opened flat, while Germany’s DAX fell slightly after hitting a record high. While the FTSE 100 opened 0.05% higher, the Italy’s FTSE MIB and […]
Read More
WEF live updates: World leaders and CEOs descend on Davos for the World Economic Forum
Global economy set for steady growth in 2025, EY CEO survey shows A worker welds steel at a workshop on June 8, 2024 in Hangzhou, Zhejiang Province of China. Vcg | Visual China Group | Getty Images The global economy is set for steady growth in 2025, and corporate confidence is rising, according to a […]
Read More
Soybeans on steroids: Trump’s grand bargain with China?
US President Donald Trump signs executive orders in the Oval Office of the White House in Washington, DC, on Jan. 20, 2025. Jim Watson | AFP | Getty Images Donald Trump’s return to the White House is expected to usher in further hostilities between the U.S. and China. Yet, could his love of a transactional […]
Read More
CNBC Daily Open: What to look out for as Trump 2.0 era starts
U.S. President Donald Trump during a rally at Capital One Arena ahead of the 60th presidential inauguration in Washington, DC, US, on Sunday, Jan. 19, 2025. Al Drago | 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 […]
Read More
Asia markets open higher as Trump promises U.S. ‘golden age’ at presidential inauguration
Sunrise scene of Seoul downtown city skyline, Aerial view of N Seoul Tower at Namsan Park in twilight sky in morning. The best viewpoint and trekking from inwangsan mountain in Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets are expected to gain Tuesday, as investors await greater clarity on policies […]
Read More
Stock futures rise as Trump’s second term begins: Live updates
Newly sworn-in President Donald Trump takes part in a signing ceremony in the President’s Room following the 60th inaugural ceremony on Jan. 20, 2025, at the US Capitol in Washington, DC. Melina Mara | Via Reuters Stock futures were higher on Monday evening after President Donald Trump was sworn in for his second term and […]
Read More
Abu Dhabi’s $330-billion sovereign wealth fund says no one appreciates the level of disruption that AI is about to unleash
Khaldoon Al Mubarak, CEO of Mubadala, an Abu Dhabi sovereign wealth fund Marc Atkins | Getty Images Sport | Getty Images The world has yet to fully recognize the extent of change artificial intelligence will bring to every aspect of human life, the CEO of Abu Dhabi sovereign wealth fund Mubadala told CNBC at the […]
Read More