No rate hikes or cuts — Commerzbank CFO says the European Central Bank has likely hit pause
The European Central Bank has likely pressed pause on its rate hiking cycle, the chief financial officer of Commerzbank told CNBC on Friday.
Huawei plots China smartphone revival with mobile operating system upgrade
Huawei launched its upgraded mobile operating system and an enhanced AI assistant on Friday.
WPP lowers full-year forecast as tech clients curb spending
WPP, the world’s biggest advertising group, downgraded its full-year like-for-like growth forecast to 1.5-3.0% from 3-5%.
How interest rates impact your money — from savings to mortgages
Interest rates may seem abstract, but they affect everyone. CNBC Make It examines the role they play in your finances.
Chinese property stocks surge after central bank vows more support for private businesses
Shares of Longfor Group and Country Garden Holdings were among the top gainers on the Hang Seng Index.
Shipping giant Maersk warns of sharp slowdown in global trade as it reports profit plunge
Danish shipping giant Maersk on Friday reported a sharp fall in second-quarter earnings on the back of plunging container rates.
CNBC Daily Open: Amazon surges as Apple stumbles
Amazon CEO Andy Jassy’s cost-cutting measures paid off handsomely. Meanwhile, Apple continues to struggle with dipping revenue.
Drought threatens major European river trade route with ripples across the continent
The river Rhine, an important trade route that runs through Germany, has become shallower at critical points meaning vessels sail with reduced loads.
China lifts anti-dumping tariffs on Australian barley after three years, easing supply concerns
China was the indisputable top recipient of Ukrainian agricultural products — including about a quarter of outbound barley volume, according to United Nations data Thursday.
