World economy
CNBC’s Inside India newsletter: IPO boom looks to break new records
A Swiggy delivery agent as seen in Kolkata , India , on 3 July 2023 . Famous food delivery company Swiggy faced a loss over 80% in 2022 according to investor filling. (Photo by Debarchan Chatterjee/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter […]
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European stocks close lower as markets assess U.S. outlook; autos down 2.3%
A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange in New York City, U.S., June 12, 2024. Brendan Mcdermid | Reuters LONDON — European stocks closed lower Thursday as regional investors reacted to […]
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Baltimore crucial transport channel entirely reopens just after Francis Scott Key Bridge collapse
Salvage crews keep on to get the job done on getting rid of particles from the Francis Scott Essential Bridge collapse just after it was struck by the container ship Dali, now docked at Seagirt Maritime Terminal in Baltimore. (Jerry Jackson/Baltimore Solar/Tribune Information Service by way of Getty Visuals) Jerry Jackson | Baltimore Sunlight | […]
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Europe shares slide right after France’s Macron phone calls snap election CAC 40 down 1.8%, SocGen falls 5%
An staff enters sliding doors decorated with the stars of the European Union (EU) flag at the Berlaymont creating, headquarters of the European Commission (EC), in Brussels, Belgium, on Tuesday, Jan. 28, 2020. It took 32 months, two prime ministers, and approximately 30 votes in Parliament to extricate Britain from the European Union and the […]
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U.S. economic engagement in Indo-Pacific ‘isn’t about China,’ Commerce Secretary Raimondo states
America’s financial engagement in Indo-Pacific “isn’t about China” but for strengthening U.S. presence in the area, Commerce Secretary Gina Raimondo advised CNBC. President Joe Biden released the Indo-Pacific Financial Framework for Prosperity, involving14 nations, about two several years back, for financial and trade cooperation among the the member states. The IPEF was also found […]
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European markets higher as investors look ahead to ECB meeting; Inditex up 5.2%
European Central Bank (ECB) President Christine Lagarde speaks as she presents the bank’s Annual Report to the European Parliament, in Strasbourg, eastern France, on February 26, 2024. Frederick Florin | Afp | Getty Images European stocks opened higher Wednesday, with investors in the region looking ahead to the next meeting of the European Central Bank […]
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European Central Bank set to cut rates for the first time since 2019
President of the European Central Bank (ECB) Christine Lagarde arrives to address a press conference following the meeting of the governing council of the ECB in Frankfurt am Main, western Germany, on April 11, 2024. Kirill Kudryavtsev | Afp | Getty Images FRANKFURT — The European Central Bank this week is set to cut borrowing […]
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Mexico retains historic election in race mainly overshadowed by violence
Former Mexico City mayor Claudia Sheinbaum speaks following being named presidential candidate of the ruling Morena occasion for next year’s presidential election in Mexico Town on September 6, 2023. Claudio Cruz | Afp | Getty Illustrations or photos Voters in Mexico are taking part in the country’s largest election ever — casting votes Sunday to fill far […]
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South Africa’s ruling ANC loses majority in country’s most sweeping political shift in 30 years
Voters during the South Africa General Elections on May 29, 2024 in Johannesburg, South Africa. Gallo Images | Gallo Images | Getty Images South Africa’s governing African National Congress lost its parliamentary majority of 30 years, in the country’s most sweeping political shift since the end of the apartheid. Popular support for the ANC during […]
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Modi’s BJP-led alliance projected to win parliamentary majority in India’s election, exit polls show
Indian Prime Minister Narendra Modi addresses a public meeting at Jerenga Pathar in the Sivasagar district of India’s Assam state on Jan. 23, 2021. Biju Boro | AFP | Getty Images India’s Prime Minister Narendra Modi looks set for a rare third consecutive term in power, as local exit polls on Saturday suggested his Bharatiya […]
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