World
Alibaba, JD.com results underscore the slowdown in Chinese consumer demand
A person seen walking next to the Alibaba’s corporate logo, in front of its office building at Chaoyang Technology Park in Beijing, China. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese e-commerce giants Alibaba and JD.com‘s quarterly results from Thursday underscored the slowdown in China’s consumer market, with retailers struggling to attract value-conscious […]
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After medic’s rape and murder, Indian doctors stage 24-hour nationwide strike
Medical professionals and students participate in a silent march as they condemn the rape and murder of a doctor, in Kolkata on August 15, 2024. Dibyangshu Sarkar | Afp | Getty Images The Indian Medical Association, the largest association of modern medicine doctors in India, has called for the suspension of non-emergency medical services for […]
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Earn less, relax more: An American who moved to Lithuania describes life in the world’s happiest country for young people
Bernard Meyer moved from the U.S. to Lithuania. Bernard Meyer When he was 27 years old, Bernard Meyer moved from the U.S. to Lithuania: the world’s happiest country for young people. After over a decade in the northeastern Europe country, he says earning less money is worth the sacrifice for a much better quality of […]
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Earn less, relax more: An American who moved to Lithuania describes life in the world’s happiest country for young people
Bernard Meyer moved from the U.S. to Lithuania. Bernard Meyer When he was 27 years old, Bernard Meyer moved from the U.S. to Lithuania: the world’s happiest country for young people. After over a decade in the northeastern Europe country, he says earning less money is worth the sacrifice for a much better quality of […]
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Europe stocks higher to round off winning week; Sterling gains after slew of UK data
A balcony above a trading floor inside the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. Nathan Laine | Bloomberg | Getty Images LONDON — European markets were higher Friday, rounding off what’s set to be a winning week for global stocks. The pan-European Stoxx 600 index was up 0.2% at […]
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CNBC Daily Open: Data and earnings ease recession fears
Traders work on the floor of the New York Stock Exchange. Michael M. Santiago | 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 matter where they are. Like what you see? You can subscribe here. […]
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Paetongtarn Shinawatra becomes Thailand’s youngest prime minister
Pheu Thai party leader Paetongtarn Shinawatra, known by her nickname “Ung Ing” and daughter of former prime minister Thaksin Shinawatra, greets members of the media at local news outlet Voice TV as she walks with husband Pidok Sooksawas in Bangkok on Aug. 16, 2024. Lillian Suwanrumpha | AFP | Getty Images On the campaign trail […]
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Replacing China in copper supply chain is ‘unfeasible,’ warns WoodMac, as the West seeks shift
A worker tying copper wire rods before loading them onto a truck in Huai’an, in China’s Jiangsu Province. Vcg | Visual China Group | Getty Images Western countries seeking to diversify away from China’s dominance in copper could delay the energy transition besides raising costs, while its complete replacement would be ‘unfeasible,’ according to Wood […]
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China’s central bank says risks from local government debt have dropped
Pan Gongsheng, governor of the People’s Bank of China (PBOC), during the Lujiazui Forum in Shanghai, China, on Wednesday, June 19, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — China’s financial risks have dropped, including from local government debt, People’s Bank of China Governor Pan Gongsheng said in state media interviews published late Thursday. […]
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China’s new loans hit a 15-year low, but investors ‘should not panic’
A man counts 100 renminbi notes with the Chinese flag in the background. Sheldon Cooper | SOPA Images | LightRocket | Getty Images China’s new bank loans fell to a 15-year low in July in what some analysts see as a sign of continued weakness in the economy. But others said investors “should not panic” […]
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