CNBC’s Jim Cramer on Thursday highlighted two stocks in the retail space that he thinks investors have an opportunity to buy on the dip — Gap and Ralph Lauren — even as Wall Street worries broadly about tariffs and the strength of the consumer. “As long as you don’t think the entire economy’s about to…
Michael Johnson celebrates winning the Men’s 200m at the 1996 Summer Olympics in Atlanta, Georgia. David Madison | Getty Images LONDON — Olympic sprinter Michael Johnson’s sporting career did not get off to the most auspicious start. “I hated team sports,” he told an audience at CNBC’s CONVERGE LIVE in Singapore on Thursday, referring to…
The biggest ever fatberg found in Western Australia has been pulled from a sewer, weighing in at 30,000kg. Fatbergs are made up of material that cannot dissolve in water – such as oil, grease and wet wipes flushed down sinks and toilets – which then pile up and stick together. The whopping mass of waste…
Russian President Vladimir Putin speaks during a bilateral meeting at the Grand Kremlin Palace, March 13, 2025, in Moscow, Russia. Contributor | Getty Images News | Getty Images Russia struck a sedate tone on Friday but acknowledged grounds for cautious optimism, after only backing the “idea” of a U.S. brokered 30-day ceasefire with firm caveats….
The Palm Jumeirah in Dubai, Dubai, United Arab Emirates Nikada | E+ | Getty Images The global trade war triggered by U.S. President Donald Trump shows no sign of abating, with tit-for-tat tariffs hammering major economies, tanking stock markets and dimming growth prospects. The economies concerned – North America, the European Union, and China –…
A Gucci store, operated by Kering SA, in the Sanlitun area of Beijing, China, on Saturday, Oct. 12, 2024. Bloomberg | Bloomberg | Getty Images Shares of Kering plunged on Friday after the company announced that Demna Gvasalia would take the reins as new artistic director of its ailing Gucci fashion line. Gvasalia, known as…
For a government that has made growth its overriding mission, the 0.1% decline in GDP in January signalled by the Office for National Statistics will be depressing news. As Rachel Reeves prepares to announce her spring statement on 26 March, the economy appears to be going in the wrong direction – underlining the fact that…
A portable power bank likely caused a fire that engulfed and destroyed a passenger plane in South Korea in January, according to local authorities. The Air Busan plane caught fire at Gimhae International Airport in the country’s south on 28 January – causing three people on board to sustain minor injuries. On Friday, South Korea’s…
Getty Images Protests erupted following the girl’s death, with demands that the government expedite justice for rape victims and reform laws related to women and children’s safety An eight-year-old child who was raped in Bangladesh has died of her injuries on Thursday, setting off fierce protests around the country. The girl was raped while visiting…
When President Trump hawked some Teslas at the White House on Tuesday, it evoked a similar scene from Beijing’s main government compound years earlier, when a top Chinese leader was also photographed alongside Elon Musk examining one of the company’s electric vehicles. In January 2019, China’s No. 2 official at the time, Li Keqiang, met…
