Donald Trump (L), President of the USA, and Emmanuel Macron, President of France, join hands during the final press conference of the G7 Summit on 26 August 2019, in Biarritz, France. NurPhoto | NurPhoto | Getty Images European officials have been quick to congratulate Donald Trump after he defeated his Democratic rival Kamala Harris to…
The logo of German bank Commerzbank seen on a branch office near the Commerzbank Tower in Frankfurt. Daniel Roland | Afp | Getty Images Two months since UniCredit played its opening move to woo German lender Commerzbank, the lenders flaunted their financial strength as one of Europe’s largest banking mergers still hangs in balance. Both…
A view of the Jeep Plant where United Auto Workers members are picketing on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio. The company, which has been…
German Chancellor Olaf Scholz and Finance Minister Christian Lindner in the Bundestag on June 26, 2024 in Berlin, Germany. Michele Tantussi | Getty Images News | Getty Images Chancellor Olaf Scholz announced Wednesday he had dismissed Finance Minister Christian Lindner, bringing an end to Germany’s ruling coalition after months of political wrangling and raising the…
A man holds an American flag depicting president-elect Donald Trump at Parliament Square in London in 2020. Jeff J Mitchell | Getty Images News | Getty Images The U.K. holds dear to its so-called “special relationship” with the U.S., priding itself on a long history of shared values and cultural, diplomatic, linguistic and commercial ties…
Olaf Scholz, Germany’s chancellor, during a news conference at the Chancellery in Berlin, Germany, on Monday, Nov. 4, 2024. Krisztian Bocsi | Bloomberg | Getty Images Donald Trump’s election as U.S. president could mark yet another major blow for the struggling German economy. Germany narrowly, and unexpectedly, skirted a technical recession in the third quarter,…
For years, 36-year-old Anders Boisen lived in apartments all over the city of Aarhus, the second-largest in Denmark. Despite having a comfortable living situation — a two-bedroom apartment he shared with a girlfriend at the time — and a job working in city development at a local municipality, Boisen tells CNBC Make It he felt…
Money manager John Davi is positioning for challenges tied to President-elect Donald Trump’s tariff agenda. Davi said he worries the new administration’s policies could be “very inflationary,” so he thinks it is important to choose investments carefully. “Small-cap industrials make more sense than large-cap industrials,” the Astoria Portfolio Advisors CEO told CNBC’s “ETF Edge” this…
Analysts at Bank of America say there is a host of buy-rated stocks set to outperform heading into the remainder of 2024. The Wall Street investment bank says these companies are best positioned to gain and are firing on all cylinders. CNBC Pro combed through Bank of America research to find stocks the bank believes…
President-elect Donald Trump’s proposed tariff strategy could spell bad news for the tech hardware market, but Tim Cook’s Apple might not feel as much of the pain. On the campaign trail, the former president vowed to impose a universal tariff of between 10% and 20% on all imported goods and at least a 60% tariff…
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