Germany’s defense minister said on Saturday that his country’s commitment to spend 2% of GDP on defense was just the starting point and that more would likely be needed. Earlier in the day, German Chancellor Olaf Scholz insisted that the 2% spending target would be met “in the 2020s, in the 2030s and beyond.” However, … Read more
Anti-Kremlin activist Bill Browder said he believes Alexei Navalny’s death was intended as a message to political opponents of Russian President Vladimir Putin ahead of elections next month. Dissident Navalny, who died Friday, had been serving a 19-year prison sentence on charges of extremism in Russia, which he vehemently denied. World leaders reacted with dismay and … Read more
Donald Trump has called the case a “fraud on me” and a “political witch hunt.” New York: A New York judge on Friday ordered former US President Donald Trump and the Trump Organization to pay a fine of nearly USD 355 million in a civil fraud case. According to the 90-page judgement, Trump has been … Read more
Many U.S. companies are grappling with health insurance coverage issues for workers when it comes to GLP-1 drugs for weight loss. Despite the hefty price tag â typically between $1,000 to $1,500 a month â consumers are clamoring for drugs like Novo Nordisk‘s Wegovy and Eli Lilly‘s Zepbound. This class of drugs, historically used to … Read more
A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. Angus Mordant | Reuters Oil prices pulled back Friday as the market sorted through conflicting demand forecasts from OPEC and the International Energy Agency. The West Texas Intermediate contract for March lost 63 cents, or 0.81%, to … Read more
Lebanon’s foreign minister called on the U.S. to pressure Israel and bring an end to its bloody war with Palestinian militant group Hamas, which has now entered its fifth month. Speaking to CNBC on the sidelines of the Munich Security Conference, Abdallah Bou Habib stressed that establishing a pathway to peace was essential, and that … Read more
Eduardo Munoz Alvarez | Getty Images While both renters and homeowners are beginning to take climate hazards into consideration, affordability continues to drive moving trends. Between 2021 and 2022, about 1.2 million more homeowners and renters moved out of than moved into U.S. cities with high risk of poor air quality, according to a new … Read more
Customers visit Macy’s Herald Square store on December 17, 2023 in New York City. Kena Betancur | 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 what … Read more
The Bill says that joint cooperation between the US, Australia, India and Japan should be strengthened. Washington: The US House of Representatives has passed the Quad bill which instructs the Biden administration to establish a Quad Intra-Parliamentary Working Group to facilitate closer cooperation between the US, Australia, India and Japan. Passed by a roll call … Read more
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Angus Mordant | Reuters Crude oil futures fell Thursday on a weak global demand growth forecast for 2024. The West Texas Intermediate contract for March lost 50 cents, or 0.65%, to $76.14 a … Read more
