World
Deutsche Bank’s 4 chip stocks to own in 2025
Deutsche Bank is laying out its top semiconductor picks for 2025 as the sector helps power major stock market averages to new highs. Artificial intelligence mainstays such as Nvidia have taken center stage since the launch of ChatGPT in late 2022. But with the dominant maker of artificial intelligence chips up more than 180% this […]
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Morocco, Spain and Portugal confirmed as 2030 World Cup hosts, 2034 edition awarded to Saudi Arabia
Fans celebrate as Saudi Arabia is announced as the host nation for the FIFA World Cup 2034 Host on December 11, 2024 in Riyadh, Saudi Arabia. Francois Nel | Getty Images Sport | Getty Images Saudi Arabia will host the men’s soccer World Cup in 2034 while the 2030 edition will be held in Spain, […]
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Annual inflation rate accelerates to 2.7% in November, as expected
Consumer prices rose at a faster annual pace in November, a reminder that inflation remains an issue both for households and policymakers. The consumer price index showed a 12-month inflation rate of 2.7% after increasing 0.3% on the month, the Bureau of Labor Statistics reported Wednesday. The annual rate was 0.1 percentage point higher than […]
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Greece’s ghost towns offer a glimpse of a country struggling with ‘existential’ population collapse
A cafe offers a glimpse into the past in the abandoned village of Lasta. There are no staff but instead an honor system, which allows visitors to serve themselves a coffee in exchange for a donation. CNBC Lasta, GREECE — There’s nobody around anymore to man Saint George cafe in Lasta, a mountainous village in […]
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European markets mixed as traders await U.S. inflation data; Zara owner Inditex down 5%
Adidas shares dip after authorities raid German headquarters Shares of Adidas traded as much as 1.5% lower on Wednesday after authorities raided the sportswear firm’s German headquarters in connection with a years-long tax investigation. The stock price, which is up nearly 30% year-to-date, was last seen trading off by around 0.5%. Stock Chart IconStock chart […]
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European Central Bank heads for last rate cut of year — but jumbo move seems off the table
The European Central Bank is heading for its final interest rate cut of the year on Thursday — and while the institution is expected to stick to a quarter rather than half-percentage-point trim, economists forecast that a faster pace of monetary loosening lies ahead. It will still be a crucial meeting to set guidance for […]
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CNBC Daily Open: Can quantum computing be used in the real world?
A researcher introduces the superconducting quantum computing chips developed by Zhejiang University in Hangzhou in east Chinas Zhejiang province Friday, Dec. 17, 2021. Future Publishing | 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 they need to know, no […]
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Auto giants endured a torrid time of it this year — and few expect 2025 to be much better
An employee of the Volkswagen plant in Zwickau stands next to the VW logo on the factory premises during an information event organised by the Works Council of Volkswagen Saxony in Zwickau, eastern Germany, on October 28, 2024. Jens Schlueter | Afp | Getty Images A perfect storm of challenges for the European automobile industry […]
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China’s monetary shift signals economic worries, but ‘bazooka-style’ stimulus is unlikely, experts say
The People’s Bank of China (PBOC) building in Beijing, China, on Tuesday, April 18, 2023. Bloomberg | Getty Images Chinese top leadership surprised the market Monday by signaling a shift in its monetary policy stance after 14 years, indicating the economic challenges facing the country are quite entrenched, yet an outsized stimulus is unlikely, according […]
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South Korea’s ex-defense minister attempts suicide, police raid presidential office
A protester holding a cardboard reading “Leader of insurgents” on an image depicting the face of South Korea’s President Yoon Suk Yeol takes part in a protest calling for his ouster outside the National Assembly in Seoul on December 8, 2024. Philip Fong | Afp | Getty Images The fallout from South Korean President Yoon […]
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