European markets close higher after Bank of England holds rates, Fed cuts
European markets closed higher Thursday as investors digested the latest monetary policy decisions from the U.S. Federal Reserve and the Bank of England.
CNBC’s Inside India newsletter: Will India’s lofty manufacturing ambitions bear fruit?
As the 10th anniversary of the Make in India initiative nears, CNBC’s Inside India takes a look at how the nation’s manufacturing has evolved — and what more needs to be done.
‘Very serious escalation’: Lebanese ministers warn of a dangerous next 48 hours after pager and device attacks
The next 48 hours, Lebanon’s health and economy ministers told CNBC, will be particularly dangerous.
Tesla’s Chinese rival Nio cuts price for new Onvo-branded car
There’s yet another Chinese electric car aiming to undercut Tesla, with a steeper discount.
Federal judge extends block on Biden’s student debt forgiveness plan
U.S. District Judge Randal Hall extended a restraining order against the Biden administration’s latest student debt forgiveness plan.
Amazon introduces Amelia, an AI assistant for third-party sellers
Amelia is the latest generative AI product from Amazon, which is using the technology across its retail portfolio.
German media empire Axel Springer to split in deal with KKR
German media empire Axel Springer will be split in two under a deal between CEO Mathias Doepfner and private equity firm, the company said on Thursday.
Bank of England presses pause on rate cuts, highlights ‘gradual approach’
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.
Israeli military strikes Hezbollah as Nasrallah responds to wave of device blasts in Lebanon
The attack on southern Lebanon on Thursday involved airstrikes and artillery, an Israeli official told NBC News, after two days of explosions that killed at least 37 people, including two children, and injured thousands more.
‘We can’t allow the cultural infrastructure to literally crumble’: One of London’s most popular arts attractions needs a $200 million fix
The Southbank Centre in London needs more than $200 million to repair its concert halls and gallery as it heads toward its 75-year anniversary.
