British economic output grew by 0.5% in the second quarter, slightly slower than previously thought, figures from the Office for National Statistics showed on Monday. A preliminary ONS estimate for the second quarter had shown domestic product growth at 0.6%. Economists polled by Reuters did not expect the quarterly growth pace to be revised in … Read more
The Stellantis sign is seen outside the FCA Headquarters and Technology Center in Auburn Hills, Michigan, on Jan. 19, 2021. Jeff Kowalsky | Afp | Getty Images Stellantis on Monday trimmed its 2024 annual guidance on the back of deteriorating “global industry dynamics” and bolstered competition from China, sending Milan-listed shares lower on open. The … Read more
Traders work on the floor at the New York Stock Exchange. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you … Read more
Skyline of Tokyo, Japan. Jackyenjoyphotography | Moment | Getty Images Japan’s Nikkei 225 tumbled over 4% on Monday, following a mixed set of economic data out of Japan and as traders reacted to the election of incoming Prime Minister Shigeru Ishiba. Japan’s August retail sales climbed 2.8% year on year, beating Reuters poll estimates of a 2.3% … Read more
Reuters Clinton speaking at an event in New York City a week ago Hillary Clinton has told the BBC that Joe Biden “did the right thing” by standing aside in the US presidential election after his stumbling debate performance against Donald Trump earlier this year. “I was with him a week before that disastrous debate … Read more
BBC Zeina is one of the few injured Gazans who have been evacuated for medical treatment abroad recently Warning: Readers may find some of the details within this report upsetting “Higher,” the little girl demands, her eyes bright with excitement. “Higher, higher.” Zeina’s being pushed on a swing in a small playground in the suburbs … Read more
A man walks past a housing complex by Chinese property developer Evergrande in Guangzhou, China’s southern Guangdong province on September 17, 2021. Noel Celis | Afp | Getty Images Shares of Chinese property developers rallied on Monday after major cities in mainland China unveiled easing measures to boost homebuyer sentiment, following the central bank’s blitz … Read more
Suga from K-pop boy band BTS has been fined 15 million won ($11,500; £8,600) for driving an electric scooter while intoxicated, according to media reports. The singer, whose real name is Min Yoon-gi, was indicted in August after police found him trying to get up after falling off the scooter near his Seoul home and … Read more
Daniel Guerra For Daniel Guerra, an aspiring Brazilian sailor keen to travel the world, the job ad was a dream come true. A British yacht owner was seeking two deck-hands to help sail his boat from Brazil across the Atlantic, one of the great ocean journeys. There would be no salary, but all expenses paid … Read more
A worker assembling a loader transmission mechanism at a manufacturer in Qingzhou, China. Nurphoto | Nurphoto | Getty Images China’s factory activity contracted for a fifth consecutive month in September as the world’s second-largest economy struggles to revive its growth momentum. The official manufacturing purchasing managers’ index came in at 49.8 in September, compared with … Read more