World
UK inflation falls to Bank of England’s 2% target ahead of elections
Shoppers on the high street in the Kingston district of London, U.K. Bloomberg | Bloomberg | Getty Images U.K. inflation fell to the Bank of England’s target of 2.0% in May, the Office for National Statistics said Wednesday, in the last print of the key economic measure ahead of national elections in July. The headline […]
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‘Inadvertent geoengineering’: Researchers say low-sulfur transport rules made weather alter worse
Countries at the conference of the United Nations’ International Maritime Organization in London signed a offer for transport emissions to arrive at net zero “by or about” 2050. Ucg | Universal Images Team | Getty Images A sweeping regulatory transform in 2020 to slash air pollution from the world’s ships could have performed a part […]
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Luxury sneaker maker Golden Goose postpones IPO citing political turmoil in Europe
A normal view of Golden Goose Celebrity “Paint Your Adore” sneakers. Icon Sportswire | Icon Sportswire | Getty Photos Italian sportswear manufacturer Golden Goose postponed its Milan IPO on the grounds that the European Parliament elections and the contact for a snap election in France have led to “substantial deterioration” in industry problems. Golden Goose, […]
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CNBC Pro Talks: Outperforming fund manager reveals how to invest after India’s election
It’s been a volatile time for Indian markets after Prime Minister Narendra Modi failed to secure an absolute majority for his party in the country’s general election. Despite the unexpected result, however, Causeway Capital Management’s Arjun Jayaraman remains confident about the prospects for India — his top pick among emerging markets — noting that “volatility […]
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U.S. approves $360 million arms sale to Taiwan for missiles, drones
The U.S. State Department has approved the possible sale to Taiwan of drones and missiles for an estimated $360 million, the Pentagon’s Defense Security Cooperation Agency said. Anadolu Agency | Anadolu Agency | Getty Images The U.S. State Department has approved the possible sale to Taiwan of drones and missiles for an estimated $360 million, the Pentagon’s Defense Security Cooperation Agency said. The United […]
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Asia-Pacific markets set for largely higher open ahead of key Japan data
Cherry trees in bloom near the Nippon Budokan in Tokyo, Japan, on Sunday, April 7, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets are set to largely rise on the back of the S&P 500 hitting new highs as artificial intelligence firm Nvidia overtakes Microsoft as the most valuable public company. Shares of the chipmaker jumped […]
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The best-performing global bond fund is up 74% over the past year. Here’s where it’s invested
Gecko Capital’s Maunakea Emerging Markets Debt Recovery Fund has delivered an impressive 74% return over the past year, and its fund manager is particularly bullish on two South American economies looking ahead. The fund aims to make double-digital returns annually on a U.S. dollar basis and currently yields around 10%, which is “conservatively” estimated, according […]
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‘Outsized winners’: Morgan Stanley names global shares to faucet the ‘upgrade supercycle’ in a corner of AI
The market place is underestimating one particular corner of synthetic intelligence, in accordance to Morgan Stanley. That’s sophisticated packaging in semiconductors, which consists of technologies that deal integrated circuits to “increase operation, significant performance and kind the basis for additional potent and additional successful AI chips” — the last action in semiconductor production, following design […]
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Loneliness among workers is on the rise globally — here are 5 ways to combat it
20% of the world’s employees face daily loneliness, according to Gallup’s 2024 State of the Global Workplace report. Solstock | E+ | Getty Images Globally, one out of five employees experience loneliness everyday, and younger staff are even more prone to the feeling. According to the Gallup State of the Global Workplace Report released on […]
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The Fed is ‘playing with fire’ by not reducing charges, says creator of ‘Sahm Rule’ recession indicator
Economist Claudia Sahm on CNBC’s The Trade. CNBC The Federal Reserve is jeopardizing tipping the overall economy into contraction by not reducing desire rates now, according to the writer of a time-examined rule for when recessions transpire. Economist Claudia Sahm has shown that when the unemployment rate’s a few-month typical is half a percentage point […]
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