World
Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term
Nvidia CEO Jensen Huang downplayed the negative impact from President Donald Trump’s tariffs, saying there won’t be any significant damage in the short run. “We’ve got a lot of AI to build… AI is the foundation, the operating system of every industry going forward. … We are enthusiastic about building in America,” Huang said Wednesday […]
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Germany’s defense stocks fall after lawmakers open door to higher spend; Rheinmetall sheds 6.3%
German defense names fall day after spending package approved by parliament German defense stocks were lower in mid-morning trade, a day after the country’s parliament approved a landmark fiscal package that will allow higher government defense and infrastructure spending. Rheinmetall, one of the top performers on the Stoxx 600 on Tuesday, was down 6.3% at […]
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Turkey detains Erdogan’s main rival in what opposition calls ‘coup’
Istanbul Mayor Ekrem Imamoglu on Feb. 27, 2025 in Ankara, Turkey. Serdar Ozsoy | Getty Images News | Getty Images Turkish authorities detained President Tayyip Erdogan’s main political rival on Wednesday on charges including corruption and aiding a terrorist group in what the main opposition party called “a coup against our next president”. The move […]
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Tencent fourth-quarter profit surges 90% on gaming and advertising boost
Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent on Wednesday posted a fourth-quarter beat on top and bottom line driven by a surge in gaming and advertising revenue. Here’s how Tencent did […]
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China markets are set to outperform Wall Street as U.S. ‘exceptionalism’ comes to a pause
The Chinese national flag fluttering with the Lujiazui Financial District in the background. Vcg | Visual China Group | Getty Images A rally in Chinese stocks since the start of the year is prompting investors to predict that mainland shares will outperform their American peers in a sign that attractive valuations are trumping the idea […]
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CNBC Daily Open: Investors grow pessimistic about the market as stocks resume sliding
Traders work on the floor of the New York Stock Exchange on March 17, 2025. NYSE Investors are feeling as gloomy as consumers are. The University of Michigan’s Survey of Consumers, which was released March 14, showed consumer sentiment plunging to its lowest since 2022. Wall Street is in a similarly dour mood, according to […]
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How 3D-printing ‘microfactories’ can transform plastic waste into brand new products
A new era of 3D printing “microfactories” is helping to turn waste plastics into “highly competitive” products fit for use in the construction industry, according to Veena Sahajwalla, professor and founding director of UNSW Sustainable Materials Research and Technology (SMaRT) Centre. Speaking to CNBC’s Mandy Drury at Schneider Electric’s Sydney Innovation Summit on Monday in […]
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Bank of England expected to keep rates on hold amid headwinds it can’t fully predict or control
The Bank of England in London on Feb. 12, 2024. Henry Nicholls | Afp | Getty Images The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad. The central bank is highly likely to keep its benchmark interest […]
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Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
Japan’s national flag flutters at the Bank of Japan headquarters in Tokyo on May 30, 2024. Kazuhiro Nogi | Afp | Getty Images Japan’s central bank on Wednesday kept its key policy rate steady at 0.5% in a unanimous vote, as the export-reliant country assesses the potential impact of U.S. President Donald Trump’s protectionist trade […]
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Samsung CEO says company will pursue deals as it struggles for growth
Han Jong-hee, co-chief executive officer of Samsung Electronics Co., speaks at the company’s annual general meeting at the Suwon Convention Center in Suwon, South Korea, on Wednesday, March 19, 2025. SeongJoon Cho | Bloomberg | Getty Images Samsung Electronics said on Wednesday it is looking at major deals to drive growth as it faced tough questions from shareholders after its failure to […]
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