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Likely future German coalition divided on energy, climate

Germany's conservative CDU/CSU, led by Friedrich Merz, is expected to win the snap election on 23 February according to the latest polls but remains at odds on energy and climate policy with its most likely coalition partner: Olaf Scholz’s Social Democrats (SPD). Merz's Union is currently leading…




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RWE Plans €1.5 Billion Buyback as US Politics Cloud Investments




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Sweden’s social services likely to soon have more powers to tackle gang recruitment

The Swedish government has proposed to give social services a greater role in preventing young people from joining criminal gangs by changing the confidentiality rules between public services. Before the summer, the Swedish government presented a new Social Services Act, which, among other things,…




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Siemens Energy won't propose dividend for fiscal year 2024

In This Article: MUNICH (Reuters) - Siemens Energy has not proposed a dividend for the 2024 fiscal year, citing limitations to its payout policy as a result of obtaining project guarantees last year that are backed by the German government. A year ago, Berlin supported Siemens Energy with…




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Government to order review of rail fare prosecutions

Government to order review of rail fare prosecutions The government is set to order an independent review of rail fare prosecutions and enforcement by train companies following reports of disproportionate action against passengers by revenue protection teams. The BBC understands that Transport…




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Spain will propose redirecting unused EU recovery funds to flood-hit Valencia

The Spanish government will propose to the European Commission to amend the post-COVID reconstruction plan to redirect unused EU funds to the 'reconstruction and revitalisation' of the areas most affected by the recent torrential rains and floods. ‘We are going to present an addendum to the…




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Allianz Sees Profit At Top End of Forecast After Strong Quarter




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Portuguese FM warns of EU’s ‘cultural tendency’ to overregulate

Portuguese Foreign Minister Paulo Rangel warned on Tuesday of the downside of Europe's "cultural tendency" to "over-regulate" and called for a better "balance" between technological development and the defence of democracy and human rights. Read more. "Europe has a cultural tendency to…




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Polish parliament debates making Christmas Eve a public holiday

Chances of the bill being passed this year are not high.




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ABN Amro Interest Income, Impairment Releases Drive Profit Beat




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Trump Plans To Strengthen Crypto Policy With Dedicated Advisor And Presidential Council | Bitcoinist.com

President-elect Donald Trump is poised to reshape the US government’s approach to crypto, actively seeking candidates with industry-friendly views for key regulatory positions. According to the Washington Post, as part of his strategy to establish the United States as the “crypto capital of the…




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Bulgarian president supports net zero carbon target in Baku

Bulgarian President Rumen Radev spoke about the threat of climate change at the COP29 climate summit in Baku on Tuesday, where he backed a net zero target, admitting that just 10 years ago, he would have thought the goal was incompatible with competitiveness. The UN summit in Baku runs from 11 to…




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Romanian election candidates use fake accounts to smear opponents

Fake social media accounts are being used in Romania's ongoing presidential and parliamentary election campaigns to artificially boost the popularity of certain candidates and promote content targeting their opponents, according to an analysis by the Romanian Intelligence Service (SRI). The SRI…




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Saudi Arabia’s Sovereign Wealth Fund Trims Nintendo Stake Again




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Mizuho Financial Group to buy 15% of Rakuten Card for $1 bln

Japan's Mizuho Financial Group will take a 15% stake in Rakuten Group subsidiary Rakuten Card for 165 billion yen ($1.06 billion) in a further deepening of the two companies' strategic alliance, they said on Wednesday.




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Musk, Ramaswamy Picked for US Government Efficiency Effort




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Web Summit: Chess Grandmaster Hans Niemann to face global opponents advised by AI

Hans Niemann is gearing up to play tens of thousands of players simultaneously at Web Summit. The chess world will try and break a new record at the Web Summit technology conference in Lisbon this week when Grandmaster Hans Niemann competes online against what he hopes will be tens of thousands of…




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COP29 host Azerbaijan hits out at West in defence of oil and gas

President Ilham Aliyev described his country as a victim of a "well-orchestrated campaign of slander and blackmail".




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AltLayer unveils ‘Autonome,’ a platform to create and deploy autonomous AI agents

This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. You can email the…




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Australia plans to ban social media for under 16s — and experts have called it a ‘momentous step’

One expert says Australia is "on the verge of reclaiming childhood after it had been stolen for 15 years."




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US Climate Official Tells COP29 Oil Boom Aids Energy Transition




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Mizuho Financial Group to buy 15% of Rakuten Card for $1 billion

In This Article: TOKYO (Reuters) - Japan's Mizuho Financial Group will take a 15% stake in Rakuten Group subsidiary Rakuten Card for 165 billion yen ($1.06 billion) in a further deepening of the two companies' strategic alliance, they said on Wednesday. The share transfer is planned for Dec. 1,…




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J. Zachary Mazlish on median wages under Biden

An excellent post, one of the best things written this year in economics. Here is part of the bottom line: Inflation did make the median voter poorer during Biden’s term. In no part of the income distribution did wages grow faster while Biden was President than they did 2012-2020. This is true in…




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Japan's 7-Eleven owner eyes going private with $38bn buyout

TOKYO -- Japan's 7-Eleven convenience store chain owner Seven & i Holdings is considering plans to go private by means of a management buyout, Nikkei learned on Wednesday. In a statement responding to the reports, the retail giant has admitted that it has received such an offer from its founding…




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Markets Everywhere Are Getting Rattled by Trump’s US Agenda

Donald Trump’s election victory has catapulted US stocks to fresh records and pushed the dollar to a two-year high. It’s anything but good news for the rest of the world. Most Read from Bloomberg Equities excluding the US are tumbling, with an MSCI gauge at its lowest in three months. An index of…




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A look at Qwen2.5-Coder-32B-Instruct, which Alibaba claims to match GPT-4o's coding capabilities and is small enough to run on a MacBook Pro M2 with 64GB of RAM

Qwen2.5-Coder-32B is an LLM that can code well that runs on my Mac 12th November 2024 There’s a whole lot of buzz around the new Qwen2.5-Coder Series of open source (Apache 2.0 licensed) LLM releases from Alibaba’s Qwen research team. On first impression it looks like the buzz is well…




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Europe lower in premarket as US inflation takes center stage

European stock indexes traded lower in Wednesday's premarket session, with the US Consumer Price Index (CPI) report firmly on investors' radar ahead of its release at 2:30 pm CET. Analysts anticipate ...




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Europe premarket lower as US inflation takes center stage

European stock indexes traded lower in Tuesday's premarket session, with the US Consumer Price Index (CPI) report firmly on investors' radar ahead of its release at 2:30 pm CET. Analysts anticipate in...




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How to save a bundle on children’s clothes

From swap meets to looking after clothes correctly, you can save cash while making your children’s wardrobes more sustainable Charity shops can be a goldmine for bargains – use the Charity Retail Association’s online search page to find ones that stock children’s clothes, or in London, head to one…




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Climate change is threatening Florida's Key deer

As the United States continues to feel the effects of global warming and rising sea levels, there is renewed concern for the Key deer, a species native to the Florida Keys who could be pushed to cataclysmic levels by environmental change. The animal is the smallest deer species in North America —…




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Japan's Seven & i says receives buyout proposal from founding Ito family




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YouTube is testing a new feature that will let a small group of creators use AI to “restyle” licensed songs for their Shorts through prompts

YouTube is testing a new feature that will let creators use AI to “restyle” licensed songs for their shorts. The small group of creators with access can enter a prompt to change up different elements in a song, such as its mood or genre, and the expansion of YouTube’s Dream Track AI feature will…




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How business owners can prepare for potential tariff hikes in 2025

President-elect Donald Trump has promised tariff hikes. Here's what experts say business owners should be doing now to prepare.




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Sea Ltd. Stock Jumps As 31% Revenue Growth Beats Expectations

Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: - Javascript is disabled or blocked by an extension (ad blockers for example) - Your browser does not support cookies Please make sure that…




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China's renaming of its regional jet is another clear sign its homegrown planemaker is coming for Boeing and Airbus

The ARJ21, COMAC's first commercially available plane, was rebranded on Tuesday to the C909. Chen Xiao/VCG via Getty Images China's COMAC is rebranding its regional jet to the C909, keeping with the naming style of its newer C919. That might not get COMAC more C909 sales, but it markets the plane…




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Yen Weakens to 155 Against Dollar, Raising Intervention Risk

In This Article: (Bloomberg) -- The yen weakened beyond 155 per dollar for the first time since July, raising the risk that Japan will enter the currency market to try to slow the depreciation. Most Read from Bloomberg The Japanese currency slid as much as 0.4% to 155.15 against the dollar,…




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European markets head for higher open; U.S. inflation data in focus

European stocks are expected to open positive territory Wednesday, with global markets focused on upcoming U.S. inflation data. The U.K.'s FTSE 100 index is expected to open 36 points higher at 8,056, Germany's DAX up 38 points at 19,081, France's CAC up 11 points at 7,356 and Italy's FTSE MIB up…




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CNBC Daily Open: Postelection euphoria takes a breather

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. U.S. and Asia markets slip U.S. markets retreated on Wednesday after…




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Why identity security is having an identity crisis

Illumio’s Raghu Nandakumara argues that non-user entities represent ‘the next frontier of risk’ in cybersecurity. Read more: Why identity security is having an identity crisis




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UK engineering firm Smiths upgrades annual revenue growth outlook

UK's Smiths Group on Wednesday upgraded its annual organic revenue growth outlook after the engineering firm posted a 15.8% rise in first-quarter revenue. The company now expects full-year organic revenue growth of 5%-7%, up from the original 4%-6% guidance. (Reporting by Shanima A and Chandini…




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Iranian, Russian Card Payment Systems 'Officially Linked': Tehran

Iranian, Russian Card Payment Systems 'Officially Linked': Tehran Via The Cradle Iranian and Russian card payment systems were formally linked this week, coming as the two nations have been working together to circumvent economic sanctions imposed by Washington and the west. The announcement…




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Seven & i's reported offer and the biggest management buyouts to date

Japan's Seven & i Holdings said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family.




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Tesla's Chinese Battery Supplier CATL 'Open Minded' About US Expansion If Trump Welcomes Chinese Investments

Amid the evolving landscape of U.S.-China trade relations, CATL, one of the world’s largest battery manufacturer, has expressed interest in establishing a manufacturing plant in the United States. What Happened: Robin Zeng, the founder and chairman of CATL, shared this perspective in a recent…




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7-Eleven starts talks with ACT on $47bn takeover bid as ‘white knight’ emerges

Convenience store operator receives rival buyout offer from members of founding family




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Factbox-Seven & i's reported offer and the biggest management buyouts to date

In This Article: By Kane Wu HONG KONG (Reuters) - Japan's Seven & i Holdings said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family. The statement follows a Bloomberg report that the 7-Eleven owner was considering a management buyout…




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Media executives say that some brands were preparing to advertise on X once again, as Elon Musk was likely to gain an influential Trump administration role




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Elon Musk Could Slash Billions in Federal Spending With This One Move




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After spending three years working on SMS verification at Zenly, Prelude wants to fix SMS onboarding

Prelude is a new a new French startup that focuses on SMS verification; it’s coming out of stealth Wednesday. The two founders met when they were working for Zenly, a popular location-sharing app with tens of millions of users that was acquired by Snap (and later shut down). While you might not…




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Would Donald Trump's Iran Crackdown Benefit Russia? Experts Weigh In

Even before Donald Trump named Elise Stefanik the new U.S. ambassador to the United Nations, the New York representative had touted how the president-elect would return to a "maximum pressure" campaign on Iran. The Wall Street Journal said Trump would "drastically increase" sanctions to "choke…




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Why the government's flood insurance program is underwater

Why the government's flood insurance program is underwater Major flooding events are increasingly common across the U.S., but homeowners looking for flood insurance will find few choices. The main providers of flood insurance is the U.S. government through the National Flood Insurance Program, or…