Germany slashes 2024 growth forecast to just 0.2% as economy in ‘tricky waters,’ minister says
Germany on Wendesday confirmed that it was slashing its GDP growth expectations for 2024 to 0.2%, down from the previous 1.3% estimate.
SpaceX Senior Vice President Tom Ochinero is leaving the company in a rare high-level departure
Tom Ochinero, senior vice president of commercial business, resigned Monday, people familiar with the matter told CNBC, due to a family medical matter.
China policymakers will struggle to give markets what they want, chief strategist says
Policymakers are doing little to soothe concerns around China’s economy, Macrolens’ chief strategist says.
London’s famed BT Tower sold to U.S. hotel group for $347 million
The tower once carried telecommunications signals from London to the rest of the country.
China tightens reins on quant trading after three-day ban on fund
The stock exchanges of key financial hubs Shanghai and Shenzhen issued notices late Tuesday announcing they will deepen their scrutiny of market trades conducted by quant funds.
UK posts record budget surplus in January
The U.K. logged a £16.7 billion ($21.1 billion) net budget surplus in January, official figures showed, the largest since monthly records began in 1993.
CNBC Daily Open: Is the final leg of inflation fight the hardest?
Economists continue to push that notion in the face of recent troubling economic data.
Glencore’s 2023 earnings halve on lower commodity prices
After two consecutive record years, adjusted earnings before interest, tax, depreciation and amortisation halved, in line with analyst expectations.
Africa’s largest economy is battling a currency crisis and soaring inflation
With inflation nearing 30% and its currency hitting an all-time low, Nigeria is facing one of its worst economic crises in years.
Turkey is back in from the cold with NATO and F-16 moves, but thorny issues remain
Turkey seemingly has a unique position that allows it to push the envelope and cross lines with its NATO allies.
