CLEMENS BILAN/EPA Olaf Scholz is under pressure to allow a vote of confidence as early as next week While the world has been watching Washington, Germany is quietly going into political meltdown. This is a very German crisis involving coalition infighting and complicated constitutional questions. But behind the complex political wrangling, Europe’s most powerful economy…
Getty Images The party that will control the US House of Representatives for the next two years is still in the balance. Republicans were seven seats short of the 218 seats needed to take control on Thursday morning. Democrats need 15 more. The Senate, or upper chamber, and the White House have already flipped to…
Irina Turbina Arseny Turbin is one of several children to face politically motivated criminal charges in Russia One of Russia’s youngest political prisoners has lost an appeal to overturn a five-year jail sentence. Arseny Turbin was only 15 when he was arrested in the summer of 2023. Authorities accused him of joining the Freedom of…
Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for the streaming platform since its inception. Max now has 110.5 million subscribers as of Sept. 30. Warner Bros. Discovery’s flagship streaming service has…
Moderna on Thursday posted a surprise profit for the third quarter, smashing Wall Street estimates, as its cost-cutting efforts took hold and sales of its Covid vaccine came in higher than expected. The biotech company posted a net income of $13 million, or 3 cents per share, for the third quarter. That compares with a…
The US Department of Justice is in talks with the office of special counsel Jack Smith over winding down the two federal cases he is overseeing against president-elect Donald Trump, according to US media reports. Last year, Mr Smith brought charges against Trump over the alleged mishandling of classified documents and his suspected role in…
Republican presidential nominee and former U.S. President Donald Trump speaks at a campaign rally at Santander Arena in Reading, Pennsylvania, U.S., November 4, 2024. Brian Snyder | Reuters 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…
A flag stall at the Yiwu Wholesale Market in Zhejiang province, China, on May 10, 2019. Aly Song | Reuters BEIJING — China emphasized the need for greater cooperation with the U.S., a day after it became clear President-elect Donald Trump would become the next leader of the White House. “The Chinese side is willing,…
The re-election of Donald Trump to the White House is focusing minds in Europe, and with dozens of leaders meeting in Budapest, they have the perfect chance to talk it through. Trump’s first term in office saw a dramatic souring of relations. He was angry European countries didn’t pay more towards their own security. He…
Getty Images Donald Trump has won the presidency of the United States, gaining a historic second term. Votes are still being counted, but a picture is emerging of what tipped the balance in Trump’s favour: relatively small shifts in support in many different places. The map below shows in red the states where Trump won….
