A nationwide strike in Argentina poses major test to Milei’s economic ‘shock therapy’
The strike comes just 45 days after the right-wing leader took office, making it the fastest action of its kind into the term of a new Argentina government.
CNBC Europe
European Central Bank set to hold rates as market debates cut timeline
Economists are divided, with some seeing a policy pivot starting in April and rate cuts of 150 basis points this year.
Tech execs say a type of AI that can outdo humans is coming, but have no idea what it looks like
Leaders from the likes of OpenAI, Google DeepMind and Cohere see a form of AGI approaching, but say that it's still too early to tell what it'll look like.
Why China poses a growing threat to the U.S. auto industry
Chinese companies are releasing new models in record times, and many are producing EVs efficiently and profitably.
U.S. oil giant Exxon Mobil sues activist investors to prevent climate proposals
It is thought a court victory for Exxon Mobil could have a chilling impact on future shareholder petitions.
This scenic town in Croatia is selling houses for just 13 cents—but there’s a catch
Legrad, Croatia borders Hungary and has seen its population dwindle since the collapse of the Austro-Hungarian empire in 1918.
Saudi Arabia's lavish sports push will now embrace snooker — and introduce a new golden ball
Games will take place under current World Snooker rules but with the introduction of a 23rd ball referred to as the "Riyadh Season" ball.
Stellantis CEO says automaker won't sell EVs at a loss like other carmakers
Stellantis currently has 25 EVs available globally and expects to launch another 23 by the end of this year.
Germany the ‘tired man’ of Europe, finance minister admits
German Finance Minister Christian Lindner said Friday in Davos that his country’s economy is not the “sick man” of Europe, but a “tired man after a short night.”
Saudi Arabia goes big in Davos as it looks to become a top AI tech hub for the Middle East
Saudi Arabia's delegation came out in force in Davos as the country looks to establish itself as a tech hub in the region.
Leaders at Davos see a global economy moving toward a new normal
ECB head Christine Lagarde said she does not expect a return to economic "normality" this year, despite seeing the beginning of normalization in 2023.
ECB's Lagarde calls for a strong Europe to prepare for possible Trump return
European Central Bank President Christine Lagarde said that Europe must go on the offensive, if it is to compete with other major markets, including the U.S.
Saudi Arabia's soccer dream suffers a setback with high-profile departure
Jordan Henderson's U-turn on playing in the Saudi Pro League comes six months after his controversial decision to sign with the club.
From Dimon and Blinken, to Altman and Lagarde: Here are some of the top quotes from Davos
The business and political elite met at the World Economic Forum in Davos, from JPMorgan CEO Jamie Dimon to Ukraine's President Volodymyr Zelenskyy.
Grim retail sales suggest possible recession for Britain
Sales volumes fell by 3.2% in December, after a poll by Reuters suggested a fall of just 0.5%.
OpenAI's Altman says U.S. and AI will be 'fine' no matter who wins White House after Trump's Iowa landslide
OpenAI CEO Sam Altman said he believes America and AI are both going to be 'fine' regardless of the outcome of this year's presidential election.
India goes big at Davos as world's most populous country tries to woo investors
India's delegation has a large presence in Davois as the country looks to attract investors while China struggles
Top CEOs fear that volatile supply chains are now just the new normal
Top CEOs are closely following tensions in the Red Sea, warning that this kind of volatility for supply chains is likely here to stay.
Pushback against Trump plays into the hands of the Chinese, Austria minister says
Liberal pushback against a likely highly divisive U.S. election will play into the hands of the Chinese, Austria's Minister for Foreign Affairs, Alexander Schallenberg, said Thursday.
OpenAI CEO Sam Altman says ChatGPT doesn't need New York Times data amid lawsuit
OpenAI boss Sam Altman said his company wanted to pay the outlet "a lot of money to display their content" in ChatGPT.
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