EU says it has serious concerns about Biden’s Inflation Reduction Act
The European Union has “serious concerns” about the U.S. Inflation Reduction Act, saying it breaches international trade rules, according to an official document seen by CNBC.
Airlines face fragile winter, Ryanair CEO says after record summer profits
Ryanair posted record summer profits, but adverse developments in Ukraine or with Covid-19 make the sector fragile, airline CEO Michael O’Leary warned.
Ukraine in danger of running out of air defenses as Russia launches relentless drone attacks
Russia has bombarded Ukraine over recent weeks with a tide of cheap Iran-supplied drones which are destroying the country’s energy infrastructure.
Goldman Sachs says China is still ‘months away’ from reopening
Goldman Sachs says China is still ‘months away’ from reopening
Brace for ‘mass attacks’ on power grid, Zelenskyy says; Kyiv’s residents told to prepare to evacuate
Ukraine’s President Volodymyr Zelenskyy warned Sunday night that civilians should be prepared for more attacks on the country’s energy infrastructure.
Ukraine looks to technology to help rebuild its economy amid Russia’s onslaught
As the war in Ukraine rages on, the country’s technology entrepreneurs are trying to stay positive.
‘The old UK growth model is dead’: What a long-term weak pound means for Britain
A historically weaker pound on a medium- to long-term basis has a variety of impacts on the U.K. more broadly, economists told CNBC.
CNBC Stock World Cup: Will Visa or Microsoft give investors a greater total return?
As we head into the World Cup season, CNBC speaks to Josh Brown of Ritholtz Wealth Management on whether Visa or Microsoft will give investors a greater total return over the next 12 months.
Singapore Airlines expects 2023 airfares may decline as rivals add capacity
Singapore Airlines (SIA) expects passenger yields, a proxy for airfares, could decline in 2023, a senior executive said on Monday.
China’s exports unexpectedly shrink in October, badly missing expectations for growth
China’s exports fell by 0.3% in October from a year ago, missing Reuters expectations for a 4.3% increase.
