Mega-rich renew call on global leaders at Davos to 'tax our extreme wealth'
The signatories include Disney heir Abigail Disney, screenwriter Simon Pegg and Valerie Rockefeller, inheritor of the famed U.S. family.
CNBC Europe
The Israel-Hamas war has already triggered U.S. military action. Is war with Hezbollah next?
The question is in sharp focus following a series of dramatic escalations around the region in the last few days.
German public gloom more concerning than rise in inflation, Siemens Energy chair says
"People are downbeat, everybody's asking what's going to be next," Joe Kaeser told CNBC.
UN chief calls for global risk management of AI, warns of 'serious unintended consequences'
Speaking at the World Economic Forum in Davos, Switzerland, Guterres warned that the rapid development of AI could result in "serious unintended consequences."
Markets getting ahead of themselves on rate cuts and risk being 'self-defeating,' ECB member says
"We are optimistic that in the end we have a return to inflation to 2% in 2025. But a lot needs to go well for that to happen," Klaas Knot told CNBC Wednesday.
BP appoints Murray Auchincloss as permanent CEO
His appointment comes roughly four months after his predecessor Bernard Looney resigned after less than four years in the post.
Fujitsu shares drop nearly 4% as its Europe chief says compensating Post Office victims is a 'moral obligation'
Fujitsu shares fell nearly 4%, making it the second-largest loser on the Nikkei.
‘Perfectly understandable’: Russia’s neighbors back Ukraine’s refusal to negotiate on peace talks
Poland's President Andrzej Duda on Tuesday described Ukraine's refusal to cede ground to Russia in prospective peace talks as "perfectly understandable."
Euro zone inflation rebounds in December, fueling rate-cut debates
Inflation in the euro zone climbed to 2.9% in December, up from 2.4%. Economists expected a reading of 3%.
CNBC Daily Open: Down to Davos
Action this time came from across the Atlantic as the World Economic Forum in Davos, Switzerland commenced Monday.
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.
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.
Get complete CNBC business news coverage online. Find the latest business news pertaining to Europe. Sector watch news, headlines; top stories is available on the official CNBC Europe site.
Subscribe to CNBC Europe feed