Indian Prime Minister Narendra Modi gestures, at the Bharatiya Janata Party (BJP) headquarters in New Delhi, India, June 4, 2024. Adnan Abidi | Reuters This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. … Read more
A man shelters from the rain under an umbrella as he walks past the Euro currency sign in front of the former European Central Bank (ECB) building in Frankfurt am Main, western Germany. Kirill Kudryavtsev | Afp | Getty Images Euro zone government bond yields extended gains Thursday afternoon, shortly after the European Central Bank … Read more
A sculpture of the Euro currency stands in the city centre of Frankfurt am Main, western Germany, on January 25, 2024. Kirill Kudryavtsev | Afp | Getty Images European stocks were higher Thursday, with traders anticipating that the European Central Bank will cut borrowing costs for the euro area for the first time since September … Read more
President of the European Central Bank (ECB) Christine Lagarde arrives to address a press conference following the meeting of the governing council of the ECB in Frankfurt am Main, western Germany, on April 11, 2024. Kirill Kudryavtsev | Afp | Getty Images FRANKFURT — The European Central Bank this week is set to cut borrowing … Read more
European Central Bank (ECB) President Christine Lagarde speaks as she presents the bank’s Annual Report to the European Parliament, in Strasbourg, eastern France, on February 26, 2024. Frederick Florin | Afp | Getty Images European stocks were higher Wednesday, with investors in the region looking ahead to the next meeting of the European Central Bank … Read more
The world economy is headed for a soft landing, inflation is going down, and rate cuts are coming, according to Kristalina Georgieva, International Monetary Fund managing director, but she says the rise of trade restrictions, including tariffs, from the world’s largest economies is the “most worrisome” risk to global growth. “Trade is slowing down even … Read more
Voters during the South Africa General Elections on May 29, 2024 in Johannesburg, South Africa. Gallo Images | Gallo Images | Getty Images South Africa’s governing African National Congress lost its parliamentary majority of 30 years, in the country’s most sweeping political shift since the end of the apartheid. Popular support for the ANC during … Read more
Indian Prime Minister Narendra Modi addresses a public meeting at Jerenga Pathar in the Sivasagar district of India’s Assam state on Jan. 23, 2021. Biju Boro | AFP | Getty Images India’s Prime Minister Narendra Modi looks set for a rare third consecutive term in power, as local exit polls on Saturday suggested his Bharatiya … Read more
Voters during the South Africa general elections on May 29, 2024 in Johannesburg, South Africa. Gallo Images | Gallo Images | Getty Images Live updates of partial results from South Africa’s parliamentary election reappeared on the electoral commission’s website, following a glitch of at least two hours. The prints are closely watched amid early indications … Read more
French President Emmanuel Macron speaks during a meeting with members of the AI sector at the Elysee Presidential Palace in Paris, France, on May 21, 2024. Yoan Valat | Afp | Getty Images PARIS — France is touting itself as the next artificial intelligence superpower. [style note: Paris stands alone in datelines] The Viva Technology … Read more
