North Korea was struck by strong tremors on Sunday, with the South’s officials saying it could be due to a nuclear test. The USGS initially reported the first tremor as a 5.6 magnitude, but later raised it to 6.3, while China’s earthquake administration said it detected a 6.3 magnitude earthquake in Northeastern North Korea, calling […]
Read moreThe bull market is showing signs of getting too frothy, and long-time bull Jim Paulsen wants investors to be prepared. “Almost every recovery in postwar history has ended after some period of overheat conditions. I think this one is going to end that way, too,” Leuthold Group’s chief investment strategist said Thursday on CNBC’s “Futures […]
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Google still a ‘wonderful’ company, says EU's top antitrust enforcer after $2.7 billion fine
Google is still very much a force for good and has many positive attributes, according to the EU’s competition commissioner who slapped the tech giant with a $2.7 billion fine earlier this year. “This is a decision about legal behavior that they (Google) should and can correct,” Vestager said about June’s fine for the U.S. […]
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US sanctions are more harmful to Europe than Russia, top Russian lawmaker says
The U.S. sanctions against Russia will ultimately have more impact on Europe than on Moscow, Russia’s deputy prime minister told CNBC Saturday. America imposed fresh sanctions on Russia in early August, building on previous penalties that focus on interference in the 2016 U.S. election, human rights violations, the annexation of Crimea and the alleged destabilization […]
Read moreThe talks between the U.K. and Europe are taking up too much time and the British negotiating side needs to step up the pace, a top EU official told CNBC Saturday. Speaking in an exclusive interview on the sidelines of the Ambrosetti Forum in Italy, Jeroen Dijsselbloem, who leads the group of finance ministers for […]
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This is the first product from Essential, the most recent company created by Andy Rubin, who was the co-creator of the Android smartphone platform and led that group at Google. CNBC recently reviewed it. It’s one of the best smartphones we’ve used in a while, though it has a few shortcomings. One feature we didn’t […]
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Chief euro zone finance minister says he wants to stay on until mid-January
The chief finance minister for the euro zone intends to keep going in his current role until the new year, despite a Dutch election in March that cast a major shadow over his presidency. Speaking to CNBC on the sidelines of the Ambrosetti Forum, Jeroen Dijsselbloem told CNBC that he will continue leading the group […]
Read moreThe chief finance minister for the euro zone has underlined his optimism for the President Donald Trump administration despite ongoing concerns regarding its protectionist agenda. “I would be lying if I say I’d be free of worries so yes I worry about it,” Jeroen Dijsselbloem told CNBC Saturday when asked about Trump’s attitudes. “Yet the […]
Read morePresident Donald Trump will decide in the next two weeks whether to block a Chinese-backed private equity firm from buying a U.S. chip maker, putting his economic and diplomatic relations with China under a spotlight. Lattice Semiconductor Corp. said in a filing Friday it will seek Trump’s approval for its proposed $1.3 billion sale to […]
Read moreU.S. President Donald Trump agreed with South Korean President Moon Jae-in to revise a joint treaty capping the development of the South’s ballistic missiles, Moon’s office said on Saturday, amid a standoff over North Korea’s missile and nuclear tests. Trump also gave “conceptual” approval to the purchase by the South of billions of dollars of […]
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