As President Donald Trump and his Russian counterpart Vladimir Putin prepare for a head-to-head on Monday, nearby superpower China will be paying the most attention to the relationship dynamic between the two leaders, analysts told CNBC. The Trump-Putin summit taking place in Helsinki, Finland, this week “could present China with important strategic opportunities as well […]
Read moreAmazon workers in Spain went on strike Monday to protest working conditions at the e-commerce giant’s warehouses, just as its massive Prime Day sales kick off. A group called Amazon En Lucha organized the walk out at the company’s fulfillment center just outside the Spanish capital of Madrid. The strike will last until July 18 […]
Read moreThe spotlight might be on Presidents Donald Trump and Vladimir Putin Monday as they hold their first summit; but investors will also monitor a meeting between the EU and China with both looking to fend off U.S. tariffs. The EU and China launched negotiations for an investment agreement in 2013, but the ongoing threats and […]
Read moreCurrency, United States Finance
Trump-Putin summit could provide a ‘significant breakthrough’ on Syria, strategist says
President Donald Trump’s encounter with Russian President Vladimir Putin could be the catalyst for major diplomatic progress over Syria, one expert told CNBC Monday. The first official dialogue between the two global leaders will take place in Helsinki’s presidential palace on Monday, marking a symbolic end to the Western effort to isolate Russia after its […]
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With any new technology, particularly where large amounts of money is involved, there will be scrutiny from regulators and scams. ICOs have seen both. But the new nature of these digital token issuances has meant that the regulatory landscape globally is fragmented with each country looking at ICOs in different ways. Are ICOs legal? The […]
Read moreSouth Korea and Japan are the only Asian countries that regularly qualify for World Cup tournaments. While soccer is played throughout the region, long-standing sociocultural beliefs prevent the rest of Asia’s nations from making history at FIFA’s quadrennial competition, according to one former player. Culture is “one of the biggest determining factors” for nations looking […]
Read moreCurrency, United States Finance
European markets seen higher ahead of earnings; Trump-Putin meeting in focus
European shares are expected to open mostly higher Monday as investors focus on earnings and monitor an upcoming meeting between the United States and Russia. The FTSE 100 is seen off by 3 points at 7,661; the CAC 40 is set to start higher by 16 points at 5,441; and the DAX 30 is expected […]
Read moreLast year, Singaporean state-owned investor Temasek made a $75 million investment in the meat-alternative industry. That investment — in Impossible Foods, which makes vegetarian burger patties taste and “bleed” like beef — is just one part of the closely watched investor’s reportedly growing focus on food and agriculture. The California-based start-up counts not only the […]
Read more'Never underestimate human stupidity,' says historian whose fans include Bill Gates and Barack Obama
Historian Yuval Harari says the study of the past has taught him an important lesson for the future. “One things that history teaches us is that we should never underestimate human stupidity,” said Harari, a professor at The Hebrew University of Jerusalem and author of books that have been recommended by the likes of Microsoft […]
Read moreChina on Monday posted second-quarter GDP growth of 6.7 percent from a year ago, slightly lower than 6.8 percent in the first quarter of 2018 as Beijing has been cracking down on risky credit amid escalating trade tensions with the U.S. The official reading was in line with expectations from analysts polled by Reuters. The […]
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