World economy
Q1 GDP beats expectations to grow 4.8% YOY
A traffic police officer prepares to check a truck at a service station near Shanghai, which has ordered tighter restrictions on travel in and out of the city as China battles its most severe Covid outbreak since the early days of the pandemic in 2020. Yin Liqin | China News Service via Getty Images BEIJING …
Huge convoy of Russian vehicles approaching Kyiv
Russia appears to be advancing in its invasion of Ukraine with satellite imagery indicating that a huge convoy — some 40 miles or 65 kilometers long — of Russian military vehicles is heading toward Ukraine’s capital Kyiv. The following satellite image was taken by U.S firm Maxar Technologies on Monday. It appears to show a …
Stocks, data, earnings, breaking news
European markets look set to start the week on a negative note and are set to open flat-to-lower on Monday. London’s FTSE is expected to open 2 points lower at 7,065, Germany’s DAX down 39 points at 15,653, France’s CAC 40 down 13 points at 6,500 and Italy’s FTSE MIB 1 point lower at 25,520, according …
Covid variant from India could become dominant in the UK
A patient and paramedics outside ambulances at the Royal London Hospital in London, during England’s third national lockdown to curb the spread of coronavirus. Picture date: Thursday January 21, 2021. Yui Mok – PA Images | PA Images | Getty Images LONDON — The coronavirus variant that first emerged in India could become the dominant …
earnings, economic data and recovery on the radar
LONDON — European markets were slightly higher on Wednesday morning as investors monitor economic data and corporate earnings. The pan-European Stoxx 600 inched 0.1% above the flatline in early trade, with basic resources adding 1.1% while telecoms slid 0.7%. Stocks in Europe received a mildly positive hangover from Asia-Pacific, where Chinese tech shares listed in …
Retaliatory EU-China sanctions could jeopardize new investment deal
Flags of the European Union (left) and China. Nelson Ching | Bloomberg | Getty Images Worsening tensions between the European Union and China could jeopardize an investment deal that the two sides recently negotiated. The EU on Monday imposed sanctions on four Chinese officials and one entity for human rights abuses in China’s northwestern Xinjiang …
End of Qatar blockade is ‘a win for the region’: Saudi foreign minister
The end of the Gulf dispute is a win for the region, Saudi Arabia’s foreign minister told CNBC after announcing that relations between Qatar and four Arab countries have been fully restored. Leaders of the Gulf Cooperation Council and Egypt on Tuesday signed an agreement that aims to strengthen unity and cohesion. The deal came …
European stock markets today: Brexit talks stutter
LONDON — European markets were mixed on Friday morning as British and European leaders strike pessimistic tones about the prospect of agreeing to a post-Brexit trade deal. The pan-European Stoxx 600 hovered either side of the flatline in early trade, with travel and leisure stocks sliding 0.8% while basic resources added 0.7%. British Prime Minister …