A Renault Espace E-Tech full Hybrid (L) and a Megane E-Tech 100% Electric EV (C) are displayed during the Geneva Motor Show 2024 at Palexpo on Feb. 26, 2024 in Geneva, Switzerland. John Keeble | Getty Images News | Getty Images Renault’s chief executive on Tuesday said that European policymakers should take inspiration from China … Read more
Townhomes are under construction on July 19, 2023 in Mundelein, Illinois. Scott Olson | Getty Images Mortgage interest rates rose last week for the first time in three weeks. As a result, total mortgage application volume dropped 1.6% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract … Read more
A customer shops at a supermarket in Oregon. Wang Ying | Xinhua News Agency | 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 you see? You can subscribe here. … Read more
Lawmakers, government officials, and Hong Kong Chief Executive John Lee are posing for a group photo inside the chamber of the Legislative Council complex after passing the Safeguarding National Security Bill in Hong Kong, China, on March 19, 2024. Nurphoto | Nurphoto | Getty Images Hong Kong’s new national security bill that seeks to “prevent, suppress … Read more
Christine Lagarde, president of the European Central Bank, at the ECB And Its Watchers conference in Frankfurt, Germany, on March 20, 2024. Bloomberg | Bloomberg | Getty Images European Central Bank chief Christine Lagarde on Wednesday reiterated that June is the month in which policymakers will consider bringing interest rates lower. “By June we will … Read more
U.S. President Joe Biden listens to Intel CEO Pat Gelsinger as he attends the groundbreaking of the new Intel semiconductor manufacturing facility in New Albany, Ohio, U.S., September 9, 2022. Joshua Roberts | Reuters The White House said Intel has been awarded up to $8.5 billion in CHIPS Act funding, as the Biden administration ramps … Read more
The discovery of a man’s body in bushland on the NSW south coast is being treated as suspicious. A person on a morning walk made the grim discovery near George Bass Dr in Lilli Pilli just after 10.30am and called police, triggering a large emergency response. WATCH THE VIDEO ABOVE: Man’s body found in NSW … Read more
Bitcoin slid further on Wednesday, briefly dipping below the $61,000 mark after, continuing a sell-off that began after the cryptocurrency hit an all-time high last week. At around 03:38 a.m. ET, bitcoin had bounced back to trade just over $62,900, down around 2.5% from 24 hours prior, according to CoinDesk data. Bitcoin has had a … Read more
A Gucci store at Harbour City shopping mall, operated by Wharf Holdings Ltd., in Hong Kong, China, on Friday, June 2, 2023. Bloomberg | Getty Images Shares of French luxury group Kering plunged 13% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining … Read more
At least one person is fighting for life and several others are in hospital after a car and two buses collided in Sydney’s southwest. More than 20 people were on board when the vehicles crashed about 4.15pm on Wednesday on Seventh Av, in Campise. WATCH THE VIDEO ABOVE: At least one fighting for life as … Read more
