World economy
European markets start the new trading week in mixed territory
London’s Bishopsgate, the British capital’s financial district. Vuk Valcic | Sopa Images | Lightrocket | Getty Images LONDON — European stocks started the new trading week in mixed territory, after global markets rallied last week. The pan-European Stoxx 600 index was marginally lower in opening deals, down 0.08%, with sectors and major bourses diverging. Tech […]
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CNBC Daily Open: Wall Street’s ‘dress rehearsal’
Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | 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 […]
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CNBC Daily Open: Wall Street ‘dress rehearsal’
Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | 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 […]
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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’s Inside India newsletter: Could Hindenburg’s latest allegations have wider implications for India?
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 businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story No one is questioning India’s sovereignty, as the world’s largest democracy marks 77 years […]
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European markets higher as investors digest UK growth, cooler-than-expected U.S. inflation
The London skyline. Vuk Valcic Sopa Images | Lightrocket | Getty Images LONDON — European stocks were higher Thursday, maintaining the week’s positive momentum as investors digest cooler-than-expected inflation readings in the U.S and U.K. The regional Stoxx 600 index was up 0.2% at 9:38 a.m. in London, with healthcare stocks leading gains, up 0.5%. […]
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China expects air travel to hit a record in 2024
China is expected to see a record-level of passenger air travel in 2024, according to the Civil Aviation Administration of China. All Copyrights Belong To Jingying Zhao | Moment | Getty Images China is expecting air passenger travel to hit a record in 2024, bouncing past pre-pandemic levels. Passenger flights may reach 700 million this year, […]
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UK inflation rose to 2.2% in July, back above Bank of England’s 2% target
Shoppers walk along the high street in Rochester, UK, on Tuesday, July 16, 2024. Chris Ratcliffe | Bloomberg | Getty Images U.K. inflation rose to 2.2% in July, coming in slightly below expectations, data from the Office of National Statistics showed Wednesday. Economists polled by Reuters had been expecting headline CPI to come in at […]
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Europe stocks nudge higher; Sterling gains after UK wage growth falls to two-year low
European stocks closed higher last Friday as investors digested economic data from the region including a preliminary U.K. second-quarter GDP reading, July inflation prints out of France, Spain and Italy, and euro zone industrial production for June. Camilla Cerea | Bloomberg via Getty Images LONDON — European stocks were slightly higher on Tuesday, as market […]
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European markets open higher as rebound continues; U.S., UK inflation in focus this week
The London skyline. Andrea Pucci | Moment Open | Getty Images LONDON — European stocks kicked off the new trading week higher, with U.S. and U.K. inflation data set to dominate focus this week. The pan-European Stoxx 600 index nudged 0.3% higher at Monday’s open as investors hunt for signs that last week’s market rout […]
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