World
How this L’Oréal exec stays motivated at work even after working at the same company for 30 years
Vismay Sharma, president of L’Oreal SAPMENA, loves his job even after 30 years in the same company. Here’s how he stays motivated. Vismay Sharma, president of L’Oreal’s South Asia Pacific, Middle East and North Africa market — dubbed SAPMENA — has worked at the same company for more than 30 years and still enjoys his […]
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Steve Jobs’ former intern reflects on working for the tech mogul: ‘I worked 20 yards away from him every day’
Chet Kapoor, chairman and CEO of DataStax. Datastax As a teen, Chet Kapoor dreamed of working for tech mogul Steve Jobs. One day, that dream became a reality when Kapoor was hired as an intern at software company NeXT, founded by Jobs. “Steve was this iconic individual and I didn’t know him … I was […]
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China is a ‘critical’ global supplier, full decoupling may be impossible, survey shows
Foreign trade containers are being stacked at the container yard of Qingdao Port in Qingdao, China, on May 14, 2024. Nurphoto | Nurphoto | Getty Images China remains a “critical supplier” to the world and efforts for a full decoupling remain “difficult, if not impossible,” a trade report by Allianz Trade said. Despite talk of […]
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ECB board member reportedly cautions against back-to-back rate cuts, cites ‘risk of easing prematurely’
The European Central Bank exterior. Daniel Roland | AFP | Getty Images European Central Bank board member Isabel Schnabel warned against back-to-back rate cuts amid lingering inflation risks, Nikkei reported Friday, as the central bank gears for its June meeting amid expectations of a rate cut. While a rate cut in June could be warranted […]
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CNBC’s Inside India newsletter: What’s next for India’s regulators?
People stand in front of a Reserve Bank of India logo at the Global Fintech Fest in Mumbai, India, 5 September, 2023. Niharika Kulkarni | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big […]
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IMF says U.S. should keep open trade, work with China to resolve disputes
International Monetary Fund (IMF) Managing Director, Kristalina Georgieva (R), with Director of Strategic Communications Julie Kozack, speaks at a press briefing on the global policy agenda during the International Monetary Fund (IMF) and World Bank Spring Meetings at IMF headquarters in Washington, DC, on April 13, 2023. Mandel Ngan | Afp | Getty Images The […]
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Vietnam reportedly forfeits billions of dollars in foreign aid amid anti-graft freeze
Vietnam forfeited at least $2.5 billion in foreign aid over the last three years and may lose another $1 billion because of administrative paralysis, the United Nations, the World Bank and Western donors told the government in a letter seen by Reuters. Merten Snijders | The Image Bank | Getty Images Vietnam forfeited at least $2.5 […]
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China retail sales, investment data miss expectations in April
Pictured here is a BYD factory producing new energy-powered trucks in Huai’an, China, on February 21, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust. Retail sales rose by 2.3% in April from a year ago, the […]
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CNBC Daily Open: Dow briefly tops 40,000 for the first time, meme stocks down but not out
Omar Marques | Lightrocket | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today Dow breaks through […]
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Asia-Pacific markets are mostly set to open lower as investors await key economic data from China
Drone point view of the Shanghai skyline at sunrise. Aerialperspective Images | Moment | Getty Images Asia-Pacific markets were set to take a breather after rallying in the previous session, as investors await key China data to assess the state of the world’s second largest economy. China data, including new house prices, urban unemployment and […]
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