British PM Keir Starmer speaking on CNBC’s Squawk Box on Sept. 27th, 2024. CNBC The United Kingdom is pursuing investment from America’s biggest banks and tech giants, as the country looks to infuse growth in its stagnant economy. “We now have a Labour government whose number one priority is wealth creation,” U.K. Prime Minister Keir … Read more
Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce Department reported Friday. The personal consumption expenditures price index, a measure the Fed focuses on to measure the cost of goods and services in the U.S. economy, rose 0.1% for the month, putting the 12-month … Read more
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Join Fox News for access to this content Plus special access to select articles and other premium content with your account – free of charge. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid … Read more
More than half of Argentina’s 46 million people are now living in poverty, new figures indicate, in a blow to right-wing President Javier Milei’s efforts to turn around the country’s beleaguered economy. The poverty figure for the first six months of this year was 52.9%, up from 41.7% in the second half of 2023, said … Read more
The Commerzbank building (second from right) in Frankfurt am Main, western Germany, on Sept. 25, 2023. Kirill Kudryavtsev | Afp | Getty Images UniCredit‘s move to take a stake in German lender Commerzbank is raising questions on whether a long awaited cross-border merger could spur more acquisitions and shake up the European banking sector. Last … Read more
Oscar Wong | Moment | Getty Images Companies could face hefty fines or even suspensions of service in the European Union under strict new cybersecurity regulations set to come into force next month. The EU’s NIS 2 cybersecurity directive will on Oct. 17 become enforceable by member states. That means firms will have to ensure … Read more
Join Fox News for access to this content Plus special access to select articles and other premium content with your account – free of charge. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid … Read more
China’s CSI 300 stock index, which just had its best week since 2008 , could rise 10% in the near term, according to Morgan Stanley’s Laura Wang. The CSI 300, which tracks major stocks on the Shanghai and Shenzhen exchanges, on Friday closed at 3,703.68 points, up 15.7% for the week. Wang, chief China equity … Read more
Rebel groups have rejected a peace offer from Myanmar’s embattled junta, which is reeling from battlefield losses and defections in a civil war that has dragged on for more than three years. This is dictatorship’s first such outreach since it seized power in 2021. It also comes after a ceasefire brokered by China in the … Read more