A video shows a two-storey building collapsing into the overflowing Ganges river in the northern Indian state of Bihar. No-one was injured in the incident, which occurred earlier this week in Bhagalpur district. At least 10 people have died in Bihar after heavy rainfall caused flooding in several parts of the state. Relief and rescue … Read more
The Speaker of the US House Mike Johnson has demanded that Ukraine fire its ambassador to Washington, as a feud between the Republican Party and Volodymyr Zelensky escalates. Johnson’s intervention comes after President Zelensky visited an arms factory in Scranton, Pennsylvania – the hometown of President Joe Biden in a key swing state – with … Read more
Builders step up construction in Yuexi County, Anqing city, Anhui province, China, on Sept 25, 2024. Cfoto | Future Publishing | Getty Images BEIJING — China aims to stop the property slump, top leaders said Thursday in a readout of a high-level meeting published by state media. Authorities “must work to halt the real estate … Read more
High angle view of female workers showing printed garment to inspector at textile factory Triloks | E+ | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? … Read more
Zepto is the top startup to work for in India in 2024, according to LinkedIn. Julief514 | Istock | Getty Images LinkedIn released its seventh annual top startups list for India, showcasing the country’s emerging companies based on data from the professional social-networking site. The report comes amid a booming environment for entrepreneurs. In fact, … Read more
A sign on the exterior of a BNP Paribas SA bank branch in Paris, France, on Friday, Aug. 2, 2024. Bloomberg | Bloomberg | Getty Images France’s BNP Paribas on Thursday said there are simply too many European lenders for the region to be able to compete with rivals from the U.S. and Asia, calling … Read more
The logo of Swedish clothing retailer H&M hangs over one of its stores on March 28, 2018 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images Shares of H&M tumbled 7% on Thursday after the world’s second-largest listed fashion retailer posted a miss on operating profit and abandoned its earnings margin target. … Read more
A view of the headquarters of the Swiss National Bank (SNB), before a press conference in Zurich, Switzerland, March 21, 2024. Denis Balibouse | Reuters The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate down by 25 basis points to 1.0%. The trim, … Read more
Russian President Vladimir Putin at an expanded Prosecutor General’s Office meeting on March 26, 2024, in Moscow. Contributor | Getty Images News | Getty Images Russian President Vladimir Putin announced proposed changes to Moscow’s rule book on the use of nuclear weapons in another thinly-veiled warning to Western nations that continue to back Kyiv in … Read more
Republican presidential nominee, former U.S. President Donald Trump speaks at a campaign rally at the Johnny Mercer Theatre in Savannah, Georgia on September 24, 2024. Brandon Bell | Getty Images News | Getty Images Donald Trump, who has been doubling down on his tariff-heavy trade policy, appears to have shifted the focus of his protectionist … Read more