World economy
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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How CrowdStrike caused a global IT meltdown and what comes next
Last week, the world faced what was likely the biggest IT failure in history. When some people around the world logged onto their laptops on Friday, they were greeted with a blue error screen on their Microsoft Windows operating system. But this was not a Microsoft issue. It was all to do with a U.S. […]
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Germany’s struggling construction sector is showing no signs of a recovery
Construction site of a residential building with scaffolding and large cranes Fhm | Moment | Getty Images The German construction sector is showing no signs of recovering, even after being in a crisis for months and despite pledges of support and investment from the government. Recent economic data shows the industry is still in a […]
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CNBC’s Inside India newsletter: How will India spend its billions?
New Delhi, India – February 01: Finance minister, Nirmala Sitharaman, outside Finance Ministry on the Budget Day, with other members of Finance Ministry in New Delhi on February 01, 2024. (Photo by Hardik Chhabra/ The India Today Group via Getty Images) The India Today Group | The India Today Group | Getty Images This report […]
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