Energy prices will dictate whether the European Central Bank needs to hike interest rates into restrictive territory, Germany’s central bank chief told CNBC on Friday. “It’s very much dependent on how the energy prices evolve, how the price picture is evolving over the course of maybe the next month,” Joachim Nagel told CNBC’s Annette Weisbach…
Defense tech startup Covenant on Wednesday announced the opening of a 105,000-square-foot factory in Dallas to accelerate lower-cost missile manufacturing for the U.S. military. The startup, which is coming out of stealth and is backed by Andreessen Horowitz, Peter Thiel‘s Founders Fund, Lux, 8VC, Aleph and Lightspeed, also announced $250 million in funding over three…
Alternative for Germany (AfD) party members and candidates celebrate at the party headquarters following an exit poll release during Saxony-Anhalt regional elections, in Magdeburg, Germany, on Sunday, Sept. 6, 2026. The far-right Alternative for Germany decisively won the state election in Saxony-Anhalt amid growing public discontent with the political establishment. Bloomberg | Bloomberg | Getty…
Traders work at the New York Stock Exchange on Aug. 25, 2026. NYSE The global bond rout is raising borrowing costs across the economy and forcing governments, companies and consumers to confront the possibility that expensive debt is here to stay. Global bond yields have been climbing to multiyear highs, with Germany’s 10-year yield reaching…
Waymo robotaxi driven by a safety specialist is seen on Centre Street on April 9, 2026 in New York City. Michael M. Santiago | Getty Images Alphabet‘s Waymo on Tuesday said it plans to roll out robotaxi rides in Germany in 2027, marking its third international market and first in the EU. Waymo will start…
My top 10 things to watch Tuesday, Aug. 18 1. Bonds are the story of the day. The relentlessness of this worldwide bond market rout is unnerving, pushing yields to decently attractive levels. We are not seeing any let up. Here at home, the 30-year Treasury yield is at a roughly two-decade high, at over…
Clouds gather over the Zwickau Volkswagen Plant on July 9, 2026 at the Zwickau, eastern Germany. Volkswagen workers staged protests nationwide on July 9 as unions warned of “major conflict” if the struggling German car giant pushes ahead with what could be the global auto industry’s biggest restructuring. – | Afp | Getty Images Volkswagen‘s…
Dara Khosrowshahi, CEO of UBER, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026. Oscar Molina | CNBC Uber issued a forecast for bookings and earnings that trailed analysts’ estimates, while second-quarter profit was in line with expectations. Here’s how the company did versus analysts’ estimates compiled by LSEG:…
An aerial view shows a former eel fishing boat covered in dried mud among on low water among the banks of the river Rhine near Neuss, western Germany, on July 30, 2026, as the water level in the Rhine is falling to a record low following exceptionally hot weather. Ina Fassbender | Afp | Getty…
A German national flag on a barge near the Volkswagen AG factory in Wolfsburg, Germany, on Tuesday, March 10, 2026. Bloomberg | Bloomberg | Getty Images Volkswagen reported weaker-than-expected second-quarter profits on Friday and scrapped hope for sales revenue growth in 2026, as the German auto giant lays the groundwork for a radical overhaul of…
