More aid can be backed by Russian assets

More aid can be backed by Russian assets

U.S. Treasury Secretary Janet Yellen speaks to the Economic Club of New York in New York City, U.S., June 13, 2024. Brendan McDermid | Reuters U.S. Treasury Secretary Janet Yellen said Thursday that the $50 billion loan to Ukraine that President Joe Biden and other leaders of Group of Seven highly developed nations have agreed … Read more

European markets react to Fed, inflation data

European markets react to Fed, inflation data

A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange in New York City, U.S., June 12, 2024.  Brendan Mcdermid | Reuters LONDON — European stocks closed lower Thursday as regional investors reacted to … Read more

IPO boom looks to break new records

IPO boom looks to break new records

A Swiggy delivery agent as seen in Kolkata , India , on 3 July 2023 . Famous food delivery company Swiggy faced a loss over 80% in 2022 according to investor filling. (Photo by Debarchan Chatterjee/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter … Read more

European markets watch Fed decision, U.S. inflation data

European markets watch Fed decision, U.S. inflation data

Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New York City.  Michael M. Santiago | Getty Images LONDON — European stocks were higher Wednesday ahead of the latest U.S. Federal Reserve decision and inflation reading. The pan-European Stoxx 600 was 0.53% higher at 9:11 … Read more

stocks, news, data and earnings

stocks, news, data and earnings

LONDON — European stocks fell on Tuesday as investors looked ahead to the Federal Reserve’s next meeting and U.S. inflation data. The Stoxx 600 index closed down 0.9%, paring slight gains earlier in the session. All sectors and major bourses closed in the red, with banks leading losses, down 2.17%. British computing startup Raspberry Pi closed … Read more

Baltimore shipping channel reopens after Francis Scott Key Bridge collapse

Baltimore shipping channel reopens after Francis Scott Key Bridge collapse

Salvage crews continue to work on removing debris from the Francis Scott Key Bridge collapse after it was struck by the container ship Dali, now docked at Seagirt Marine Terminal in Baltimore. (Jerry Jackson/Baltimore Sun/Tribune News Service via Getty Images) Jerry Jackson | Baltimore Sun | Getty Images The main passageway into the Baltimore port … Read more

CAC 40 down 1.8% after Macron calls snap election

CAC 40 down 1.8% after Macron calls snap election

An employee enters sliding doors decorated with the stars of the European Union (EU) flag at the Berlaymont building, headquarters of the European Commission (EC), in Brussels, Belgium, on Tuesday, Jan. 28, 2020. It took 32 months, two prime ministers, and nearly 30 votes in Parliament to extricate Britain from the European Union and the … Read more

U.S. jobs report, ECB commentary

U.S. jobs report, ECB commentary

Stock price information reflected on a window at the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023.  Nathan Laine | Bloomberg | Getty Images LONDON — European stocks closed lower on Friday, as investors digested fresh U.S. jobs data and the European Central Bank’s latest interest rate commentary. The Stoxx 600 provisionally … Read more

U.S. Indo Pacific economic engagement ‘isn’t about China,’ Raimondo says

U.S. Indo Pacific economic engagement ‘isn’t about China,’ Raimondo says

America’s economic engagement in Indo-Pacific “isn’t about China” but for strengthening its presence in the region, U.S. Commerce Secretary Gina Raimondo told CNBC.   President Joe Biden launched the Indo-Pacific Economic Framework for Prosperity, involving14 countries, about two years ago, for economic and trade cooperation among the member states. The IPEF was also seen as … Read more

Russia showcases economy as Ukraine war takes a back seat

Russia showcases economy as Ukraine war takes a back seat

Russian President Vladimir Putin is seen while visiting the Lakhta Center on June 5, 2024, in Saint Petersburg, Russia. Vladimir Putin visited a newly built Lakhta Center, a skyscraper of Gazprom, prior to his meetings at the Saint Petersburg International Economic Forum SPIEF 2024. Contributor | Getty Images News | Getty Images Russia’s annual economic … Read more