World economy
European stocks close slightly lower as ECB holds interest rates steady, Volvo Cars jumps 9%
23 February 2024, Hesse, Frankfurt/Main: The lights of Frankfurt am Main’s banking skyline glow in the last light of day. Photo: Boris Roessler/dpa (Photo by Boris Roessler/picture alliance via Getty Images) Boris Roessler | Picture Alliance | Getty Images European markets closed slightly lower on Thursday, slipping from gains held through most of the session […]
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IMF raises India’s economic outlook, says global growth will remain lackluster
The IMF said it is optimistic on Chinese consumption returning in the next few years, but falling birth rates will still cause an economic down. Martin Puddy | Photodisc | Getty Images The International Monetary Fund has upgraded its economic forecast for India for 2024, while warning that growth will dip in the following year. […]
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Europe heads for mixed open as markets digest Powell’s comments on cutting rates
U.S. Federal Reserve Chair Jerome Powell speaks at a news conference on interest rates, the economy and monetary policy actions on June 15, 2022. Olivier Douliery- | Afp | Getty Images So, “if you wait until inflation gets all the way down to 2%, you’ve probably waited too long,” he said Monday. His comments, combined […]
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‘Luxury shame’: China’s rich shy away from flaunting their wealth amid economic jitters
China’s rich are turning their backs on flaunting their wealth as the economy faces headwinds, putting the country’s luxury market under pressure. D3sign | Moment | Getty Images China’s rich are growing more cautious about flaunting their wealth as the economy faces headwinds, putting the country’s luxury market under pressure. There are emerging signs of […]
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Markets expected to get a short-term boost after Trump survives shooting
Republican presidential candidate and former U.S. President Donald Trump speaks during a campaign rally at the Butler Farm Show in Butler, Pennsylvania, U.S., July 13, 2024. Brendan Mcdermid | Reuters U.S. stocks are expected to get a short-term boost in the aftermath of the attempted assassination of former President Donald Trump over the weekend, as analysts say […]
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Dubai crown prince appointed UAE defense minister
Contemporary architecture, Dubai central business district and auto targeted visitors are seen from Sky Views Observatory on Dec. 13, 2023 in Dubai, United Arab Emirates. Dominika Zarzycka | SOPA Photos | LightRocket The crown prince of Dubai has been appointed as minister of protection for the United Arab Emirates as portion of a broader cupboard […]
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Europe marketplaces achieve 1-thirty day period large Ericsson soars 8%
Skyscrapers in the La Defense business and money district in Paris, France, on Monday, June 3, 2024. Bloomberg | Bloomberg | Getty Illustrations or photos LONDON — European shares commenced the day in the eco-friendly Friday, defying a broader selloff, with new U.S. inflation info established to land. The regional Stoxx 600 index was up […]
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CNBC’s Inside India newsletter: Modi in Moscow. What’s new?
Russia’s President Vladimir Putin and Indian Prime Minister Narendra Modi take a walk during an informal meeting at the Novo-Ogaryovo state residence, outside Moscow, on July 8, 2024. (Photo by Gavriil GRIGOROV / Sputnik POOL / AFP) (Photo by GAVRIIL GRIGOROV/POOL/AFP via Getty Images) Gavriil Grigorov | Afp | Getty Images This report is from […]
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European stocks observed slipping as traders digest French election result
LONDON — European shares have been established to tumble at the open on Monday as markets reacted to an predicted hung parliament in France just after a shock gain for a left-wing coalition of parties. France’s CAC 40 was witnessed slipping 37.9 points to 7,631, in accordance to IG, and the euro was down .18% […]
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CNBC’s Inside India newsletter: An education scandal years in the making
Members of the Youth Congress are protesting against the alleged government irregularities, paper leaks, and a sharp rise in perfect scores in the state of Jammu and Kashmir. (Photo by Firdous Nazir/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, […]
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