Steel worker at the blast furnace tap of the at the Salzgitter AG steelworks on March 02, 2020 in Salzgitter, Germany. Maja Hitij | Getty Images News | Getty Images The European Union’s decision to hike steel tariffs and sharply cut import quotas has provoked widespread concern in the U.K., as well as rumblings of…
Nvidia CEO Jensen Huang says he’s optimistic that the United States and China can work through trade and technology disputes. It’s important to keep America at the forefront of the generative AI boom. “AI is going to be foundational and transformative to every single country. President Trump wants America to win the AI race,” Jensen…
Almost 60% of young people in the U.K. are interested in starting their own businesses, per the Generation Entrepreneur Report. Connect Images/ci-start | Connect Images | Getty Images Young Brits are catching flak for their apparent lack of entrepreneurial drive, sparking a broader debate on whether the U.K. startup scene is facing an ambition deficit….
Investors may want to boost their exposure overseas. “Home bias is about as bad as it’s ever been in the United States. The average investor has far too much of their money sitting in the United States,” ETF.com’s Dave Nadig told CNBC’s “ETF Edge” this week. Nadig, the firm’s president and director of research, delivered…
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Immigration anxieties and a challenging job market have sparked an online backlash over China’s latest attempt at attracting global talent — a new visa program…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch There is an old British saying about buses: you wait ages for one and then two arrive at once. Pharmaceuticals analysts experienced something similar on Monday as the big two U.K. drugmakers — GSK and AstraZeneca —…
A sign outside the Serbia Zijin Mining complex, operated by Zijin Mining Group Co., in Bor, Serbia, on Thursday Aug. 24, 2023. Bloomberg | Bloomberg | Getty Images Zijin Gold shares surged over 60% Tuesday as the Chinese miner’s international unit made its trading debut in Hong Kong. The company had raised nearly 25 billion…
The Trump administration needs to strike multiple deals with U.S. miners to secure the nation’s supply chain against China, said Mark Chalmers, CEO of Energy Fuels, a miner focused on uranium and rare earth minerals. The Pentagon decision to take an equity stake in MP Materials, the largest U.S. rare earth miner, in July and…
Investors talk at a stock exchange hall on February 3, 2017 in Hangzhou, Zhejiang Province of China. VCG | Getty Images China’s stock market has seen a sharp rally this year as progress on artificial-intelligence, steps aimed at gaining chip self-sufficiency and Beijing’s campaign to rein in price wars fuel investor optimism. But as retail…
Sydney Opera House, designed by Danish architect Mr Jorn Oberg Utzon, at first light as the sun rises over Sydney harbor and city center skyscrapers. Ucg | Universal Images Group | Getty Images Asia-Pacific markets traded mixed Monday, while the Reserve Bank of Australia will kickstart its two-day policy meeting where it is expected to…
