A shopper browses fruit and vegetables for sale at an indoor market in Sheffield, UK. The OECD recently predicted that the UK will experience the highest inflation among all advanced economies this year. Bloomberg | Bloomberg | Getty Images The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch British diplomats have long prided themselves on the so-called “special relationship” with the United States. The phrase was coined by Winston Churchill, Britain’s inspirational wartime leader, when in March 1946 he famously described how an “iron curtain” had descended across…
U.S. President Donald Trump takes questions from the media during a press briefing in the James S. Brady Press Briefing Room of the White House on Jan. 20, 2026 in Washington, DC. Win McNamee | Getty Images Markets on Tuesday flashed the classic signs of a “sell America” trade, as investors recoiled from escalating risks…
There could be 20% upside for Reliance Industries’ shares, according to Shrikant Chouhan of Kotak Securities. Sheldon Cooper | Sopa Images | Lightrocket | Getty Images India’s largest business group, Reliance Industries, has been battling geopolitical headwinds in its oil refining and, reportedly, in one of its new energy ventures. But those are not the…
The EU plans to phase out components and equipment from high-risk suppliers in critical sectors, according to a draft proposal released by Brussels on Tuesday – a move criticized by China’s Huawei, which is set to be among the companies affected. Sopa Images | Lightrocket | Getty Images The EU plans to phase out components and equipment from high-risk suppliers in critical sectors, according to a draft…
A demonstration under the slogans ‘hands off Greenland’ and ‘Greenland for Greenlanders’ takes place in front of the US embassy in Copenhagen, Denmark, on Jan. 17, 2026. Kristian Tuxen Ladegaard Berg | Nurphoto | Getty Images Greenland Prime Minister Jens-Frederik Nielsen said late Tuesday the island and its people should be prepared for “everything,” not…
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets fell on Wednesday, mirroring overnight losses on Wall Street after President Donald Trump escalated rhetoric over Greenland, threatening fresh tariffs on countries resisting the transfer of the…
Traders work on the floor at the New York Stock Exchange, Jan. 20, 2026. Michael Nagle | Bloomberg | Getty Images Stock futures traded near the flatline Tuesday night after major averages saw their worst day in three months. Futures tied to the Dow Jones Industrial Average advanced 25 points, or less than 0.1%. S&P…
Investors took flight from U.S. assets on Tuesday amid a clash of wills over the status of Greenland. But those those anxieties might not hang around for long. President Trump threatened over the weekend to impose 10% tariffs on U.S. imports from eight NATO members – Denmark, Norway, Sweden, France, Germany, the United Kingdom, Netherlands…
A United Airlines airplane undergoes service at the George Bush Intercontinental Airport on Nov. 6, 2025 in Houston, Texas. Brandon Bell | Getty Images United Airlines on Tuesday said it could generate record earnings this year thanks to strong travel demand, with sales of premium seats, business travel and no-frills tickets robust in recent weeks….
