Europe must be prepared for Trump tariffs, European Central Bank chief warns
European Central Bank President Christine Lagarde spoke to CNBC at the World Economic Forum in Davos.
Financial News
Bitcoin slips, Trump token plunges over 20% as bullish crypto sentiment cools
Bitcoin and other cryptocurrencies sank Tuesday as bullish investor sentiment surrounding cryptocurrencies cooled after President Donald Trump’s inauguration.
As WEF gets underway, the list of world leaders not attending Davos speaks volumes
It’s that time of year when the great and good gather for the annual World Economic Forum in Davos, Switzerland. But who’s skipping the event is more telling.
Apple, Google remove TikTok from stores as app halts service in U.S.
Apple and Google have removed TikTok from their respective app stores as U.S. operations shut down.
TikTok says it will go dark on Sunday unless Biden intervenes
TikTok said its services will go dark Sunday unless the Biden administration gives a definitive statement providing assurances for the app’s service providers.
Greenland’s melting ice is clearing the way for a mineral ‘gold rush’
Greenland, a vast but sparsely populated Arctic island, has been transformed by the climate crisis in recent decades.
UK economy’s disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
German economy contracts 0.2% in 2024 in second consecutive annual slowdown
The German economy contracted by 0.2% in 2024, in the second consecutive year of declines in the annual gross domestic product of Europe’s largest economy.
As the U.S. dollar soars, here are Europe’s biggest winners and losers
As the dollar hits multi-year highs, certain European countries could benefit or suffer.
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an “emergency panic situation,” but was stuck in a low-growth trap.