A construction site with new apartments in newly built apartment buildings. Patrick Pleul | Picture Alliance | Getty Images Germany’s housebuilding sector has gone from bad to worse in recent months. Economic data is painting a concerning picture, and industry leaders appear uneasy. “The housebuilding sector is, I would say, a little bit in a … Read more
Norway boasts the highest electric vehicle adoption rate in the world. Some 82% of new car sales were EVs in Norway in 2023, according to the Norwegian Road Federation (OFV). In comparison, 7.6% of new car sales were electric in the U.S. last year, according to Kelley Blue Book estimates. In the world’s largest auto … Read more
Ireland’s Taoiseach: Keen to develop relationship with China Leo Varadkar, the Taoiseach of Ireland, discusses Chinese Premier Li Qiang’s recent visit to the country, access to finance in Europe, and his outlook for how AI will impact the jobs market. Top ad guru says Big Tech will keep dominating the market The strength or weakness … Read more
Emmanuel Macron, France’s president, delivers a special address on day two of the World Economic Forum in Davos, Switzerland, on Jan. 17, 2024. Bloomberg | Bloomberg | Getty Images French President Emmanuel Macron said Wednesday that Europe must be more assertive on the world stage as it confronts an uncertain future for its relations with … Read more
Flags displayed ahead of the World Economic Forum Annual Meeting in Davos, Switzerland. Adam Galici | CNBC This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. … Read more
A screen displays the Dow Jones Industrial Average after the closing bell on the floor at the New York Stock Exchange on Dec. 13, 2023. Brendan Mcdermid | Reuters The global economy is moving into a new “super cycle,” with artificial intelligence and decarbonization being driving factors, according to Peter Oppenheimer, head of macro research … Read more
Whereabouts of Putin opponent Navalny still unknown, ally says Russian opposition politician Alexei Navalny attends a court hearing in Moscow, Russia February 20, 2021. Maxim Shemetov | Reuters Russia’s prison authority told a court on Friday that Kremlin critic Alexei Navalny was no longer in the penal colony where he had been serving his sentence, … Read more
German Chancellor Olaf Scholz (SPD), Economy and Climate Action Vice Chancellor Robert Habeck (Greens) and Finance Minister Christian Lindner (FDP) listen during the Budgetary debate in the plenary hall of the German Lower house of Parliament or Bundestag on November 28, 2023 in Berlin, Germany. Michele Tantussi | Getty Images News | Getty Images Germany’s … Read more
