CNBC’s Silvia Amaro reviews Thursday’s four biggest stories from the World Economic Forum’s annual meeting in Davos.
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Cutting off Russian exports and food supply shortages: Here are the talking points from the final day at Davos
World
Jeep maker Stellantis expects first-half net loss of $2.7 billion as tariffs bite
New Ram vehicles sit on a Dodge Chrysler-Jeep Ram dealership’s lot in Miami, Florida. Joe Raedle | Getty Images Auto giant Stellantis expects a net loss of 2.3 billion euros ($2.68 billion) in the first half of the year amid pre-tax net charges and early effects of U.S. tariffs, the company said Monday in its […]
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World
Brexit made businesses abandon the UK. Trump’s hefty EU tariffs could bring them back
A European Union (EU) flies alongside a British Union flag, also known as a Union Jack in London. Jason Alden | Bloomberg Creative Photos | Getty Images In 2016, the U.K.’s vote to leave the EU prompted many businesses to shift operations to the European continent, taking investment and headcount with them. Fast forward to 2025, and the specter […]
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World
Singapore dollar exhibits safe-haven currency features. But it’s no yen or Swiss franc — yet
A staff member counts Singapore dollar currency notes at Raffles Place financial business district in Singapore on October 6, 2022. Roslan Rahman | Afp | Getty Images In times of uncertainty, investors turn to safe-haven assets — gold, Treasuries as well as currencies such as the Japanese yen, U.S. dollar and the Swiss franc. These […]
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