Coal use needs to be slashed seven times faster to meet emissions target, analysis finds
The authors of the report propose a raft of measures that need to be taken if climate goals are to be reached.
Mastercard says wide adoption of central bank digital currencies would be ‘difficult’ right now
The difficult part of CBDCs is adoption, Ashok Venkateswaran, Mastercard’s blockchain and digital assets lead for Asia-Pacific, told CNBC.
China, Japan reaffirm strategic relations in rare leader talks
China President Xi Jinping and Japan Prime Minister Fumio Kishida met for the first time in a year on the sidelines of the APEC leaders summit in San Francisco.
IBM suspends advertising on X after report says ads ran next to antisemitic content
IBM’s announcement that it’s halting ads on X came a day after Elon Musk boosted an antisemitic post on his platform
China’s transition to EVs is so fast that Volkswagen is on track for its worst local sales in years
Volkswagen is on track for its smallest year of China sales since 2012, according to CNBC analysis of public data for the first three quarters of the year.
Morgan Stanley CEO says there’s ‘real progress’ in the fight against inflation
James Gorman of the financial services firm says despite the U.S. and U.K. central banks being late in raising interest rates, “when they got there, they really got going.”
Singapore to pilot use of wholesale central bank digital currencies in 2024
Singapore will pilot the live issuance and use of wholesale central bank digital currencies next year, the Monetary Authority of Singapore said Thursday.
Google CEO Sundar Pichai compares AI to climate change at APEC CEO Summit
Google CEO Sundar Pichai said on Thursday that people across the globe have a shared responsibility when it comes to artificial intelligence
Stocks are little changed as market heads for third straight weekly gain: Live updates
Stocks were little changed Friday as investors looked to keep this month’s gains going.
Time to buy Siemens and HelloFresh after big share price moves? Here’s what analysts say
A bullish investment bank expects one of the German stocks to double over the next year, while another reiterated its sell rating on the shares.
