World economy
Europe stocks slide 2%, extending losses after weaker-than-expected U.S. jobs report
The lights of Frankfurt am Main’s banking skyline glow in the last light of day. Boris Roessler | Picture Alliance | Getty Images LONDON — European stocks extended losses on Friday amid a global downturn, as weak U.S. economic data sparked fears of a recession. The regional Stoxx 600 index shed as much as 2.3% […]
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CNBC’s Inside India newsletter: Can India’s hot deal-making season extend to a free trade agreement?
Customers browse the S1 Pro electric scooter of Ola Electric Mobility Pvt. at the launch event of Ola Experience Center in Bengaluru, India, on Sunday, Nov. 27, 2022. Ola opened three showrooms called Ola Experience Centres in Bengaluru on Sunday. Photographer: Samyukta Lakshmi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images This report is […]
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European markets close higher as euro zone inflation rises; tech stocks up 2.6% led by ASML
LONDON — European markets closed higher on Wednesday, maintaining positive momentum after euro zone inflation rose unexpectedly. The Stoxx 600 index preliminarily closed 0.79% higher, with technology stocks jumping 2.62%. Dutch chip firm ASML led the charge, rising as much as 10% before somewhat paring gains after a Reuters report suggested that the company could be exempted […]
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Euro zone inflation rises to 2.6% in July, above expectations
People shopping at the downtown market, Cour Lafayette, in Toulon, on July 27, 2024. Magali Cohen / Hans Lucas | Afp | Getty Images Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union’s statistics agency said Wednesday, even as price growth in the services sector eased slightly. In June, […]
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IDF targets Beirut suburb in retaliation for attack that killed 12 in the Golan Heights
Security forces and healthcare teams arrive at the site after an explosion caused by an Israeli airstrike, where a drone fired three missiles in the Dahieh area of Beirut., the capital of Lebanon, on July 30, 2024. Houssam Shbaro | Anadolu | Getty Images The Israeli military said on Tuesday it had carried out an […]
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Euro zone’s economy grew 0.3% in second quarter, above expectations despite German contraction
Shoppers make their way through the Royal Saint-Hubert Galleries shopping arcade in the old town area of Brussels, Belgium, on Friday, June 28, 2024. Ksenia Kuleshova | Bloomberg | Getty Images The euro zone’s economy grew by more than expected in the second quarter of 2024, flash figures from the European Union’s statistics office showed […]
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European markets start the new trading week higher as earnings season continues
LONDON — European markets were higher Monday as investors digest U.S. inflation data and look ahead to another busy week of earnings and central bank meetings. The Stoxx 600 index was up 0.21% by 9:50 a.m. London time, with most sectors and major bourses across the region trading in the green. Oil and gas stocks […]
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European stocks head for mixed open as selloff eases; U.S. inflation data due
Traders work on the floor of the New York Stock Exchange as a picture of Vice President Kamala Harris is displayed on a television screen, on July 22, 2024. Spencer Platt | Getty Images LONDON — European markets are heading for a mixed open Friday, as a global stock selloff eases and investors await U.S. […]
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Here’s how much it can cost a family of four to live across 10 major Asian cities
Monthly rent in Shanghai’s city-center costs approximately $2,700, according to data by Numbeo. Zorazhuang | E+ | Getty Images Living in a major city can come with a hefty price tag, so it’s best to be informed before you make that big move. In Asia, Hong Kong and Singapore top the list for cost of […]
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CNBC’s Inside India newsletter: The tax with potential side effects
NEW DELHI, INDIA – JULY 23: Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference at National Media Centre on July 23, 2024 in New Delhi, India. (Photo by Ajay Aggarwal/Hindustan Times via Getty Images) Hindustan Times | Hindustan Times | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter, which […]
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