A building at Nippon Steel’s East Nippon Works Kashima Area facility in Kashima, Ibaraki prefecture, north of Tokyo on Dec. 6, 2024. Richard A. Brooks | Afp | Getty Images U.S. President Joe Biden has decided to block Nippon Steel’s $14.9 billion takeover bid of U.S. Steel, The Washington Post reported on Friday, citing two…
The euro and British pound hit multi-month lows against the U.S. dollar on Thursday, as the fresh trading year kicked off and investors geared up for the return of Donald Trump to the White House this month. The euro was 0.33% lower against the greenback at $1.032 shortly before 1 p.m. in London, hitting its…
Participants walk by the entrance of the U.N. COP29 climate conference at the Baku Olympic Stadium. Sopa Images | Lightrocket | Getty Images BAKU, Azerbaijan — Dubbed the “climate financing COP,” the 29th iteration of the U.N.’s annual climate summit in Baku, Azerbaijan, has hosted talks focused on unlocking crucial funds to combat environmental change…
US Secretary of State Antony Blinken addresses a press conference in Tel Aviv on January 9, 2024, during his week-long trip aimed at calming tensions across the Middle East, amid continuing battles between Israel and the Palestinian militant group Hamas in Gaza. Alberto Pizzoli | AFP | Getty Images The United States announced Tuesday that…
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,…
People vote at the San Francisco City Hall voting center on the final day of early voting ahead of Election Day, on November 4, 2024 in San Francisco, California. Loren Elliott | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on…
People walk at a shopping complex in Chengdu, Sichuan province, China April 13, 2024. Tingshu Wang | Reuters From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines. The falling revenue in what’s been a major market for the U.S. companies comes amid tepid consumer spending in China and…
Traders work on the floor at the New York Stock Exchange on Oct. 24, 2024. Brendan McDermid | Reuters Stocks typically rise after a presidential election, but investors need to be prepared for some short-term choppiness first, history shows. The three major benchmarks on average have seen gains between Election Day and year-end in the…
