A leading EU official has denied taking a softer approach to Big Tech, citing a “very clear legal basis” for regulators and pointing to several ongoing investigations into the likes of social media platform X and Meta. The FT reported earlier this week that the EU was reassessing investigations into Apple, Google and Meta —…
General Muhoozi Kainerugaba, the son of Uganda’s President Yoweri Museveni, has reactivated his X account barely a week after he quit the social media platform, citing renewed focus on his military duties. “I’m back!” Gen Kainerugaba posted on his verified account @mkainerugaba that has quickly amassed hundreds of followers. He came back in his characteristic…
Chora Media/Reuters Cecilia Sala (L) was welcomed home to Rome by Italy’s prime minister who took personal charge of her case An Italian journalist has returned to Rome after spending weeks in an Iranian jail. Cecilia Sala, 29, was arrested on 19 December, three days after an Iranian engineer was detained by Italian authorities in…
A tip jar at a cafe in the Brooklyn borough of New York, U.S., on Friday, Aug. 23, 2024. Yuki Iwamura | Bloomberg | 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…
A former city councillor in Brazil has returned a toilet and two sinks she had removed from her office after losing a bid for re-election. Footage of one of Janaína Lima’s employees hauling away the facilities was posted online as her tenure as Sao Paulo councilwoman ended. “I decided to donate the equipment I acquired…
D3sign | Moment | Getty Images Stocks soared in 2024. Congratulations! After taking a victory lap, it may be time to adjust your portfolio — because those heady returns likely threw your investment allocations out of whack. The S&P 500, a stock index of the largest public U.S. companies by market capitalization, gained 23% in…
Investors should consider quality firms in China and Europe with superior valuations that have executed very well despite the “dire” political and economic situations in these markets, according to Pella Funds’ Jordan Cvetanovski. In the last two to three months, Pella Funds has been looking for opportunities in China and has increased its exposure to…
BEIJING, – China’s manufacturing activity swung back to growth in October as an expansion in new orders led to a pick-up in production growth, signalling an improvement in the sector at the start of the final quarter, a private-sector survey showed on Friday. China’s Oct factory activity returns to expansion, Caixin PMI shows The Caixin/S&P…
