Inflation remains sticky in Europe, with core prices cooling less than expected
Inflation in the 20-nation euro zone eased to 2.6% in February, flash figures showed on Friday, but both the headline and core figures were higher than expected.
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China slips further from high-income status as earnings measure dips
BEIJING -- China's per capita gross national income declined in dollar terms for the first time in 29 years in 2023, government data released Thursday shows, pulling it further from the World Bank's threshold for a high-income country.
Japanese, Australian shares hit record highs on Wall Street bounce
SYDNEY, March 1 (Reuters) -- Japanese and Australian shares hit fresh record highs on Friday as a key U.S. inflation reading came in as expected, a relief for investors that had looked for a June rate cut, while mixed data from China bolstered hopes for more policy support.
Salesforce's top AI ethics leader says she's 'optimistic' on the path to U.S. regulation
BARCELONA — A top executive at Salesforce says she is "optimistic" that U.S. Congress will make new laws to regulate artificial intelligence soon.
Europe is having its worst earnings season since the onset of Covid — with little hope of a quick turnaround
LONDON — Around a half of European companies missed earnings expectations in the latest reporting season despite already low expectations, analysts told CNBC, who predicted that the region will continue to struggle amid high interest rates.
European markets cautiously higher as euro zone inflation falls less than expected
This is CNBC's live blog covering European markets.
Nepal’s devastating 2021 floods show need for early warning systems in the Himalayas: ‘I lost everything’
“We have never seen such floods here. I lost everything I had saved until now. My hotel is gone, and so is my shop”, he said, pointing towards the debris of his multi-storied hotel in Melamchi Bazaar, beyond which lies massive boulders and rubble, even two years after the disaster, on lands that had once been lush paddy fields and trout farms.
India 'easily' the fastest growing economy, IMF executive director says, as GDP growth blows past estimates
India is 'easily' the fastest growing economy in the world, IMF executive director Krishnamurthy Subramanian said, as the country's third-quarter GDP growth blew past analysts' estimates.