Elementary students sit inside dividers as preventive measure against Covid-19, as they attend physical classes at Longos Elementary School on Nov. 15, 2021 in Alaminos, Philippines. Ezra Acayan | Getty Images News | Getty Images School closures during the pandemic could erase over $500 billion of potential economic growth from […]
CNBC
European Central Bank set to hike rates as it edges closer to a pivot point
Christine Lagarde, president of the European Central Bank. Bloomberg | Bloomberg | Getty Images FRANKFURT — The European Central Bank is set to hike rates once again on Thursday with market analysts certain that the Frankfurt intuition is nearing a peak despite inflation remaining stubbornly high. The ECB will more […]
‘The heat is relentless’: Scorching temperatures bring misery to daily life in Spain
A worker cools off while working in a street during a heatwave in Sevilla, in the southern Spanish region of Andalusia, on July 17, 2023. Cristina Quicler | Afp | Getty Images SEVILLE, Spain — The day-to-day reality of scorching summer heat in Spain is taking its toll. A spate […]
BlackRock returns to India, joining forces with Indian tycoon Mukesh Ambani’s financial arm
The BlackRock logo is displayed at their headquarters on November 14, 2022 in New York City. BlackRock and Saudi Arabia’s sovereign wealth fund signed an agreement to jointly explore infrastructure projects in the Middle East. Leonardo Munoz | Getty Images BlackRock has joined forces with the financial services arm of […]
Samsung reports 95% drop in profit, but expects global demand to recover in second half of the year
A Samsung Galaxy Z Fold 5 smartphone, left, a Galaxy Z Flip 5 smartphone during the Galaxy Unpacked event in Seoul, South Korea, on Wednesday, July 26, 2023. Samsung introduced the fifth generation of its foldable smartphones on Wednesday, seeking to counter a sluggish market for devices and upcoming rival […]
F1 Academy: All 10 F1 teams to have drivers and liveries for 2024 season in all-female single-seater series
Formula 1 Academy 2023 drivers line up for a group photo at the Red Bull Ring on April 27, 2023 in Spielberg, Austria. Adam Pretty | Formula 1 | Getty Images All 10 current Formula 1 teams will have one driver and have their livery on a car competing in […]
Passed over for another business opportunity? It may be because of your accent
Globally, nearly one in five workers say they’ve been passed over for business trips — not because of costs or lack of seniority, but because of the way they speak. In a survey of 3,850 business travelers in 25 markets, 18% of men and 16% of women said they felt […]
Nissan CEO spots key to cracking ‘challenging’ China market after demand slump
Nissan CEO Makoto Uchida said the Japanese carmaker needs to bring new vehicles to the increasingly crowded Chinese market at speed. Speaking to CNBC’s Tanvir Gill on Wednesday, Uchida said the company would target current Nissan customers with the “timely introduction of high-value product[s] that are as competitive as fast-growing […]
Jim Cramer lists 10 market themes to watch after the Fed’s July hike
CNBC’s Jim Cramer said Wednesday that “parsing the Fed’s move is a mug’s game.” After the Federal Reserve raised rates to their highest level in 22 years, Cramer said investors can use market volatility created by the central bank meeting to buy stocks in line with 10 themes from this […]
Facebook’s ad rebound gives Meta CEO Mark Zuckerberg freedom to pursue far-out bets
Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. 6, 2016. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg is once again a fan favorite […]