World
UK suspends some arms export licenses to Israel
LIVERPOOL, ENGLAND – SEPTEMBER 27: David Lammy, Shadow Secretary of State for Foreign, Commonwealth and Development Affairs addresses delegates during the Labour Party conference on September 27, 2022 in Liverpool, England The Labour Party hold their annual conference in Liverpool this year. Issues on the agenda are the cost of living crisis, including a call […]
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Volkswagen warns of plant closures in Germany, citing ‘extremely tense’ situation
A VW Golf GTI stands in a parking lot within sight of the brand tower on the grounds of the VW plant in Wolfsburg. Picture Alliance | Picture Alliance | Getty Images German carmaker Volkswagen on Monday warned it will no longer be able to rule out plant closures in the country, citing the specter […]
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Germany’s fragile coalition dealt fresh blow as far right lands first state win since World War II
German Chancellor Olaf Scholz (R), Finance Minister Christian Lindner (L) and Economy and Climate Action Minister Robert Habeck speak to the media. Sean Gallup | Getty Images News | Getty Images The ruling coalition in Berlin is likely to struggle onward until a nationwide vote next year, according to political commentators, following a historic state […]
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Weight loss drugs cut Covid-19 deaths, study finds
People taking the key component of blockbuster weight loss drugs Ozempic and Wegovy were less likely to die of Covid-19 or suffer adverse effects from the virus, researchers found in a new study. People who were already being treated with a 2.4 mg dose of the drug semaglutide — the active ingredient in pharma titan […]
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Huawei looks to upstage Apple with product launch just hours after expected iPhone 16 unveiling
The Huawei flagship store and the Apple flagship store are seen at Nanjing Road Pedestrian Street in Shanghai, China, September 2, 2024. Cfoto | Future Publishing | Getty Images Huawei said Monday it plans to hold a product launch event this month just hours after Apple‘s annual iPhone reveal as the Chinese technology giant looks […]
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Rupert Murdoch’s property group considers bid for UK’s Rightmove, sending shares 23% higher
Rupert Murdoch, chairman emeritus of media empire News Corp. Axelle/bauer-griffin | Filmmagic | Getty Images LONDON — Rupert Murdoch-owned REA Group said Monday it is contemplating a takeover offer for U.K. property portal Rightmove in a bid to create a global digital real estate business. The Australian property listings company, which is controlled by Murdoch’s […]
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Is the Fed ‘sleepwalking into a policy mistake?’: Abrdn analyst calls for faster easing of rates
An eagle tops the U.S. Federal Reserve building’s facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/ Jonathan Ernst | Reuters While British fund manager abdrn predicts that the U.S. economy will see a soft landing, there is still the risk of a prolonged slowdown in 2025, said Kenneth Akintewe, the company’s head of Asian sovereign […]
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Defense stocks in an ESG portfolio? A profound — and controversial — shift seems to be underway
CEO of Swedish defence and security company Saab, Micael Johansson, speaks during the presentation of Saab’s interim report on February 9, 2024 in Stockholm. Jessica Gow | Afp | Getty Images Russia’s ongoing war in Ukraine has resulted in a profound shift in the way defense stocks are viewed by mission-driven fund managers, according to […]
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CNBC Daily Open: Soft landing in sight?
People wait in line outside Macy’s before opening on “Black Friday” in New York City on November 24, 2023. The retail sector’s efforts to entice holiday gift purchases builds to a crescendo this weekend with the annual “Black Friday” shopping day followed by the newer “Cyber Monday.” (Photo by Yuki IWAMURA / AFP) (Photo by […]
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China’s manufacturing output swung back to modest growth in August, private survey finds
Container ships dock to load and unload containers at Qianwan Container Terminal of Qingdao Port in Qingdao, China, on August 29, 2024. Costfoto | Nurphoto | Getty Images China’s factory activity grew modestly among smaller manufacturers last month as export orders offset weakening domestic consumption, according to a private survey. The Caixin/S&P Global manufacturing PMI […]
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