As others try to quash rate cut talk, European Central Bank's Centeno flags inflation progress
"The trajectory is very positive right now," Portugal's central bank governor told CNBC at the World Economic Forum in Davos, Switzerland.
CNBC Europe
U.S.-owned container vessel struck by an anti-ship ballistic missile off the coast of Yemen
A U.S.-owned container ship on Monday was struck by a missile from Houthi-controlled areas of Yemen, according to the U.S. Central Command.
IMF warns AI to hit almost 40% of jobs worldwide and worsen overall inequality
The analysis comes as business and political leaders from around the world gather at the World Economic Forum in Davos, Switzerland.
Top economists predict global growth will weaken this year as geopolitical rifts grow
The global economic outlook is "fraught with uncertainty," according to the World Economic Forum's latest survey of chief economists.
Germany skirts recession at the end of 2023 but faces prolonged slump
The estimate is in line with the expectations of analysts polled by Reuters.
Ukraine and Russia say they want the war to end. But military and political experts say they're nowhere near peace talks
Ukraine is set to pitch its peace plan for ending the war with Russia. But military and political experts say neither Russia nor Ukraine is ready for talks.
Americans are canceling trips that are thousands of miles from Gaza. Here's why
Geopolitical conflict is affecting travel bookings in 2024, causing travelers to lose confidence to travel internationally — and domestically.
Global economy set for its worst half decade of growth in 30 years, World Bank says
The global economy is on course to record its worst half decade of growth in 30 years, according to the World Bank.
Beer market isolated from supply chain woes, CEO of Budweiser-maker AB InBev says
The CEO of AB InBev told CNBC the brewing giant was monitoring trade disruption in the Suez Canal.
These are the 10 best U.S. metros to buy a house in 2024—none of them are in Florida
Realtor.com ranked the best metro areas to buy a house in 2024 based on biggest gains in sales and price growth.
From Sam Altman to Emmanuel Macron: Who's going to Davos 2024?
China's second-in-command Li Qiang and the French president will both give special addresses.
FAA investigating if Boeing failed to ensure certain aircraft were safe for operation after door blew on Alaska Airlines plane
The probe comes after a part of a Boeing plane blew out in the middle of an Alaska Airlines flight earlier this month.
Europe’s biggest economy hit by travel disruption in what ‘looks increasingly like a general strike'
A three-day nationwide strike called by train drivers from Wednesday to Friday evening has added to travel disruption in Europe's biggest economy.
The most powerful passport in the world? Six countries tie for top spot
Six countries have earned the title of the most powerful passports in 2024, which grants holders entry into 194 destinations out of 227 — without a visa.
Global shipping rates set to jump as carriers avoid the Red Sea amid Houthi attacks
Vessels aren't able to come back to Asia in time, and ocean carriers are canceling sailings on short notice, Honour Lane Shipping told clients.
Gabriel Attal becomes France's youngest prime minister in modern history
Gabriel Attal, the current education minister, will become the youngest person to occupy France's second-highest office at 34 years old.
UAE defies fintech slowdown with a 92% jump in funding — against a global plunge of 48%
Global investment in fintech sank to $51.2 billion in 2023, down 48% from 2022, data from Innovate Finance shows. Despite that, UAE fintech funding soared 92%.
Record thunderstorm losses and deadly earthquakes cost $250 billion in damages in 2023, report says
Destructive thunderstorms and devastating earthquakes last year cost the world around $250 billion in damages, according to a new report from Munich Re.
Hottest year on record puts Earth in touching distance of critical warming threshold, scientists say
Extreme heat is fueled by the climate crisis, the chief driver of which is the burning of fossil fuels.
Norway poised to open vast ocean area to controversial deep-sea mining
Critics of the practice strongly oppose the "extremely destructive" deep-sea mining.
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