U.S. ready to sanction China for supporting Russian military

US Treasury Secretary Janet Yellen speaks to journalists.  Picture Alliance | Picture Alliance | Getty Images The United States is prepared to sanction Chinese banks and companies, as well as Beijing’s leadership, if they assist Russia’s armed forces with the invasion of Ukraine, U.S. Treasury Secretary Janet Yellen said Monday. “We stand ready to act … Read more

Beijing is looking to improve relations with Ottawa. Should Canada play ball? – National

Beijing is seeking to improve relations with Ottawa after years of diplomatic unease, and though it’s not clear whether Canada is ready to play ball, some experts say there are practical reasons to look for better co-operation. “The strained relations between our two countries is actually not what we would like to see,” China’s ambassador … Read more

Biden and Xi Jinping hold phone call ahead of Yellen’s trip to China

U.S. President Joe Biden and Chinese President Xi Jinping before a meeting during the Asia-Pacific Economic Cooperation leaders’ week in Woodside, California, Nov. 15, 2023. Brendan Smialowski | Afp | Getty Images President Joe Biden spoke with Chinese President Xi Jinping on the phone Tuesday, a call the White House described as a way for … Read more

Huawei’s profit doubled in 2023 as smartphone, autos business picked up

Huawei brought one of the largest displays to Mobile World Congress in Barcelona in February 2024. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings. The company also attributed the profit gains to revenue growth of … Read more

A key inflation gauge in focus

Prices are displayed in a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | 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 … Read more

U.S. labor market is in ‘good shape’

A “Hiring” signs at a restaurant in San Francisco, California, US, on Monday, June 26, 2023. David Paul Morris | Bloomberg | 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. … Read more

No ‘cracks’ in U.S. strong jobs growth

A “Now Hiring” sign at an Advance Auto Parts store in San Leandro, California, US, on Tuesday, Aug. 15, 2023. David Paul Morris | Bloomberg | 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 … Read more

Inflation pressures continue to linger

Workers assemble printed circuit boards at the Intervala manufacturing facility in Mount Pleasant, Pennsylvania, US, on Tuesday, Jan. 30, 2024. The US Census Bureau is scheduled to release factory orders figures on February 2. Justin Merriman | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily … Read more

Inflation battle may be far from over

Workers assemble printed circuit boards at the Intervala manufacturing facility in Mount Pleasant, Pennsylvania, US, on Tuesday, Jan. 30, 2024. The US Census Bureau is scheduled to release factory orders figures on February 2. Justin Merriman | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily … Read more

Markets surge on Fed rate-cut signals

A trader works, as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 20, 2024.  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 … Read more