U.S., EU and NATO decry Georgia’s decision to adopt ‘Russian law’

Georgian President Salome Zurabishvili delivers a speech during an gathering celebrating Europe Day outside her residence in Tbilisi on May 9, 2024. (Photo by Vano SHLAMOV / AFP) (Photo by VANO SHLAMOV/AFP via Getty Images) Vano Shlamov | Afp | Getty Images Georgian President Salome Zourabichvili on Wednesday held talks with European ministers to urgently … Read more

‘Dubai is not so hot or expensive’:Indian man debunks myths about UAE city known for luxurious lifestyle

What do you think about Dubai? Exotic? Hot? Well, the mega-city of the UAE may not be what you think. Recently, an Indian man took to social media to debunk many of the notions attached to Dubai. Rohit Manchanda, who lives in Dubai, said that Dubai is not as hot as people think. (Join our … Read more

Nasdaq rises to record close; Google launches new AI model

A photo of Sam Altman, CEO of OpenAI. Olivier Douliery | Afp | Getty Images This report is from today’s CNBC Daily Open, our new, 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. What … Read more

Why bitcoin hasn’t joined the latest meme stock craze this week

R.Tsubin | Moment | Getty Images Bitcoin isn’t running alongside meme stocks as it did three years ago, although this week’s stock market action might indicate a big crypto rally is on its way. GameStop and fellow meme stock AMC Entertainment are each up more than 160% over the past two days. Meanwhile, bitcoin is … Read more

Biden Imposes Heavy Import Tariffs On Chinese Imports

Biden said the move would ensure that American workers are not held back by unfair trade practices. Washington: US President Joe Biden has imposed heavy tariffs on Chinese electric vehicles, batteries, steel, solar cells, and aluminium, saying it would ensure that American workers are not held back by unfair trade practices. These include a 100 … Read more

Gemini AI updates, new search features and more

Google CEO Sundar Pichai speaks at the Google I/O developer conference.  Andrej Sokolow | Picture Alliance | Getty Images Google on Tuesday hosted its annual I/O developer conference, and rolled out a range of artificial intelligence products, from new search and chat features to AI hardware for cloud customers. The announcements underscore the company’s focus … Read more

1 in 8 adults have taken GLP-1s like Ozempic: survey

Rebekah Carl poses with her prescription of Wegovy in New Columbia, Pennsylvania, U.S., November 13, 2023.  Hannah Beier | Reuters Think a friend or colleague should be getting this newsletter? Share this link with them to sign up. Good afternoon! The use of a buzzy class of weight loss and diabetes medications is more common … Read more

Biden signs bill banning imports of Russian uranium for nuclear fuel

Ready-to-ship canisters filled with enriched uranium at the Urenco USA uranium enrichment facility near Eunice, New Mexico, US, on Tuesday, July 11, 2023. Russia’s invasion of Ukraine is forcing the US and Europe to search for alternative sources of enriched uranium to power their reactors.  Mark Felix | Bloomberg | Getty Images The United States … Read more

China is engaged in ‘deliberate’ efforts to undermine the U.S. and Europe, says EU envoy Gitenstein

Mark Gitenstein, the U.S. ambassador to the EU, said China is deliberately distorting markets with a glut of cheap goods. Speaking to CNBC’s Silvia Amaro on Tuesday, Gitenstein said China was “engaged in a deliberate effort to undermine economic sectors in both Europe and the United States.” The Chinese Embassy in London did not immediately … Read more

Einride: 2024 CNBC Disruptor 50

Founders: Robert Falck (CEO), Linnéa Kornehed-Falck, Filip LiljaLaunched: 2016Headquarters: Stockholm, SwedenFunding: $652.3 millionValuation: N/AKey technologies: Artificial intelligence, autonomous vehicles, machine learningIndustry: AutomotivePrevious appearances on Disruptor 50 List: 1 (No. 13 in 2023) In the U.S., the consumer EV market is most notable lately for its struggles, with adoption rates undercutting expectations and major automakers pulling back from … Read more