World
UK trade deals with India and Gulf nations are ‘the priority,’ business minister says
Secretary of State for Business and Trade and President of the Board of Trade Jonathan Reynolds leaves 10 Downing Street after attending the weekly Cabinet meeting in London, United Kingdom. Wiktor Szymanowicz | Future Publishing | Getty Images LONDON — The U.K.’s business minister said Monday that securing trade deals with India and Gulf nations […]
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Stock futures are little changed with key corporate earnings on deck: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading in New York City. Michael M. Santiago | Getty Images Stock futures were little changed Monday as investors waited to assess whether the next batch of key corporate earnings could power the market to more records. Futures on the Dow Jones […]
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ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth
Bill McDermott, Chairman, President & CEO ServiceNow, speaking on CNBC’s Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBC Enterprise software giant ServiceNow and AI-focused startup CoreWeave announced plans to invest billions of dollars in the U.K., in a vote of confidence for Prime […]
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UK Prime Minister Keir Starmer vows to slash regulatory red tape in bid to boost investment
Britain’s Prime Minister Keir Starmer delivers a speech on stage during the International Investment Summit, held at The Guildhall, in central London, on October 14, 2024. Jonathan Brady | Afp | Getty Images LONDON — U.K. Prime Minister Keir Starmer on Monday vowed to slash regulatory red tape to boost anemic investment in the country. “We’ve […]
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European Central Bank set for third interest rate cut of the year in meeting this week
European flags flutter in front of the European Central Bank (ECB) building prior to a news conference following the meeting of the governing council of the ECB in Frankfurt/Main, Germany, on September 12, 2024. Daniel Roland | Afp | Getty Images The European Central Bank is on course to deliver its third interest rate cut […]
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Macao’s next leader wants to wean its economy off gambling
Sam Hou Fai delivers a speech at a polling booth at the China-Portuguese-speaking Countries Commercial and Trade Service Platform Complex on Oct. 13, 2024 in Macao. China News Service | China News Service | Getty Images Slated to become the next leader of Macao, Sam Hou Fai wants to steer China’s special administrative region further […]
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Nobel economics prize for 2024 awarded to Daron Acemoglu, Simon Johnson and James Robinson
Simon Johnson, an economist and a professor at the Massachusetts Institute of Technology (MIT). Bloomberg | Bloomberg | Getty Images U.S.-based economists Daron Acemoglu, Simon Johnson and James Robinson were awarded the Nobel prize in economic sciences on Monday for work demonstrating “the importance of societal institutions for a country’s prosperity.” The academics have helped […]
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European markets little changed as the new trading week kicks off
Luxury stocks pull back as investors weigh China stimulus plans European luxury stocks pulled back Monday as investors assessed the latest hints about stimulus measures out of China. Shares of Gucci-owner Kering were down 3.6% by 9:35 a.m. London time, while LVMH fell 2.74%, and shares in Burberry and Christian Dior pulled back by around […]
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International investors descend on London as Labour tries to woo new business to Britain
Stockcam | E+ | Getty Images LONDON — The U.K. Labour government is hoping to woo foreign capital to the country on Monday, as it hosts its inaugural International Investment Summit in London. Prime Minister Keir Starmer, Finance Minister Rachel Reeves and Business Minister Jonathan Reynolds will lead the one-day event at London’s Guildhall, which […]
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CNBC Daily Open: With an unchanged PPI, the Fed’s near the finish line
A television station broadcasts the Federal Reserve’s interest-rate cut on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Sept. 18, 2024. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed […]
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