Liquefied natural gas (LNG) storage units. Dan Kitwood | Getty Images News | Getty Images The biggest influx of liquified natural gas (LNG) supply is coming online and it will transform the global market, bringing about wide and enduring effects, said RBC Capital Markets. “A wave of new LNG supply —the biggest yet— is set … Read more
General view of the City of London skyline, the capital’s financial district, in October. Sopa Images | Lightrocket | Getty Images LONDON — The International Monetary Fund on Tuesday raised its 2024 growth outlook for the United Kingdom, saying declines in interest rates and inflation would boost domestic demand. The IMF now sees 1.1% growth … Read more
Investors should look beyond the so-called “Magnificent Seven” and identify “country winners” in tech outside the U.S., according to one hedge fund manager. Beeneet Kothari, CEO and principal portfolio manager at the U.S.-headquartered hedge fund Tekne Capital Management, said there are global tech stocks that also make good investments right now. “Our view is that there is a Magnificent … Read more
Supporters of Kamala Harris have used an AirTag to track down what they said were stolen campaign yard posters in Missouri. Laura McCaskill and her partner filmed an encounter with a man they accused of stealing the signs, one of which had the tracking device attached. Ms McCaskill found dozens of the posters in the … Read more
Anthony Blinken has told Israeli leaders that “much more needs to be done” to get humanitarian aid to civilians in besieged northern Gaza, raising possible consequences in US law if action isn’t taken, a senior Biden administration official says. On Tuesday, the US secretary of state met Israeli Prime Minister Benjamin Netanyahu, Defence Minister Yoav … Read more
Getty Images Lee Hsien Yang, seen here in Singapore in 2020, has since sought asylum in the UK The son of modern Singapore’s founder has gained asylum in the UK following claims of persecution amid a high-profile family feud. Lee Hsien Yang has long alleged he faces oppression back home from the Singapore government that … Read more
Mexican police have arrested a man accused of murdering a Roman Catholic priest and human rights campaigner in the southern state of Chiapas. Father Marcelo Pérez was killed on Sunday after celebrating Mass at his church in the city of San Cristóbal de las Casas. Witnesses say the shots came from two men who approached … Read more
Investors often get bullish on stocks when interest rates start inching lower. That certainly was the case as markets anticipated the start of the U.S. Federal Reserve’s easing cycle, which kicked off with a jumbo cut last month . The S & P 500 stock index is around 24% higher year-to-date and up 40% over … Read more
Kena Betancur | Corbis News | Getty Images The U.S. Food and Drug Administration on Tuesday approved Pfizer‘s RSV vaccine for the prevention of lower respiratory tract disease caused by RSV in adults aged 18 to 59 at increased risk of the disease. In June, the U.S. CDC narrowed its recommendation for the use of respiratory syncytial virus vaccines … Read more
A general view from the Flattop Mountain in Alaska, United States on September 27, 2024. Hasan Akbas | Anadolu | Getty Images 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 … Read more