World
German inflation rises more than expected to 2.9% in December
In Munich, Bavaria, Upper Bavaria, Germany, on December 28, 2024, shoppers stroll along shopping streets during the festive season, taking advantage of the after-Christmas sales of the stores. Michael Nguyen | Nurphoto | Getty Images German inflation jumped to a higher-than-expected 2.9% in December, German statistics office Destatis said in the first reading since the […]
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Italy’s right-wing leader Meloni positions herself as Trump’s ally in Europe
Prime Minister of Italy Giorgia Meloni on Nov. 20, 2024, in Buenos Aires, Argentina. Tomas Cuesta | Getty Images News | Getty Images Italian Prime Minister Giorgia Meloni made a surprise visit to Mar-a-Lago on Sunday, meeting incoming President Donald Trump for the second time since he won the U.S. election in November. During the […]
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Volkswagen and Xpeng to build super-fast charging network in China for EVs
Top Volkswagen and Xpeng executives pose at the German automaker’s launch event in Beijing, China, on Aug. 24, 2024. Bloomberg | Bloomberg | Getty Images Shares of Volkswagen and Xpeng both rose on Monday after the two firms announced plans to expand their partnership in electric vehicle charging stations in China. The German automaker and […]
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Chip stocks lead European markets higher; ASML up 5% after Foxconn revenue jump
European markets gained ground on Monday, with chip firms leading gains, after a choppy start to the year for stocks. The Stoxx 600 had a mixed performance last week, though it ended 0.2% higher amid a rocky start to 2025 for stocks around the world. Mixed sentiment could continue this week as traders look for […]
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Tesla posted record China sales in 2024. But this year is going to be tough as competition heats up
Tesla models Y and 3 are displayed at a Tesla dealership in Corte Madera, California, on Dec. 20, 2024. Justin Sullivan | Getty Images Electric vehicle-maker Tesla’s sales in China climbed to a record high last year. Sustaining that performance in 2025 could prove tricky as competition with homegrown players intensifies, analysts said. The U.S. […]
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Several commodities face headwinds in 2025 — but this metal’s record rally is set to continue
Gold bullions are displayed at GoldSilver Central’s office in Singapore June 19, 2017. Edgar Su | Reuters Commodity prices are largely expected to fall in 2025 due to a sluggish global economic outlook and a resurgent dollar, but gold and gas prices are poised to rally this year, according to industry experts. Commodities had a […]
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Canada PM Trudeau to announce resignation as early as Monday, Globe and Mail reports
The Prime Minister of Canada, Justin Trudeau, walks through the streets of the capital before attending the APEC CEO Summit, a business event held in parallel with the APEC Summit, on November 15, 2024, in Lima, Peru. Klebher Vasquez | Anadolu | Getty Images Canadian Prime Minister Justin Trudeau is expected to announce as early as Monday that […]
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CNBC Daily Open: A missing Santa Rally isn’t necessarily bad news
Traders work on the floor of the New York Stock Exchange on the last day of trading for the year on Dec. 31, 2024 in New York City. Spencer Platt | 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 […]
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Stock futures are little changed ahead of key jobs data in a shortened trading week: Live updates
Traders work on the floor of the New York Stock Exchange on the first day of trading of the new year on Jan. 2, 2025. Spencer Platt | Getty Images U.S. equity futures were little changed Sunday evening as investors looked forward to jobs data in another shortened trading week. Futures tied to the Dow […]
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Asia markets poised to open mixed ahead of key business activity readings from China and India
Investors are also watching the market reaction in China after the PBOC said over the weekend it would implement a “moderately loose” monetary policy in 2025. Source
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