World

Sergio Ermotti, CEO of UBS gestures during a panel discussion at the Swiss-American Chamber of Commerce in Zurich, Switzerland January 18, 2019. Arnd WIegmann | Reuters UBS Group CEO Sergio Ermotti says the “incredible” market demand for the bank’s recent issuance of AT1 (additional tier one) bonds is a “signal …

A construction site of residential buildings on the Elbe dike near downtown Wittenberg. Soeren Stache | Picture Alliance | Getty Images Germany’s Olaf Scholz once set the goal of building 400,000 new homes a year, even before he become chancellor. Fast forward two years, and German housebuilding looks like it’s …

LISBON — Wikipedia founder Jimmy Wales slammed X, formerly known as Twitter, after its takeover by Elon Musk, saying the social media service is losing users and has been “overrun by trolls and lunatics.” The comments continue a war of words between the two high-profile technology figures that goes back …

CNBC’s Jim Cramer spoke with CNBC’s Sara Eisen about her upcoming documentary detailing the business of Formula 1 racing. The documentary will see Eisen exploring F1’s expansion strategy, especially changes to the business since it was purchase by Liberty Media several years ago. Eisen said Liberty used new strategies to …

Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their grip on the U.S. economy. The consumer price index, which measures a broad basket of commonly used goods and services, increased 3.2% from a year ago despite being unchanged for …

WASHINGTON — House Speaker Mike Johnson said he expects to win bipartisan backing Tuesday for his “laddered” continuing resolution to fund the government, potentially giving the Senate enough time to pass the bill after the House and avoid a government shutdown set to begin late Friday night. “In about an …

An Etihad Airways Boeing 787-9 “Dreamliner” aircraft displays Israeli and Emirati flags after landing upon arrival from the United Arab Emirates (UAE) at Israel’s Ben Gurion Airport near Tel Aviv, on the company’s first scheduled commercial flight from Abu Dhabi, on April 6, 2021. JACK GUEZ | AFP | Getty …

LONDON — With big productions always needing big money, one theater expert explains how investment in the sector works and how London’s West End is used as a testing ground for its New York counterpart. Live events took a massive hit during the Covid-19 pandemic but now audiences are rushing …

U.S. President Joe Biden shakes hands with Chinese President Xi Jinping as they meet on the sidelines of the G20 leaders’ summit in Bali, Indonesia, November 14, 2022. Kevin Lamarque | Reuters BEIJING — After another rocky year of U.S.-China tensions, the two countries’ presidents are set to meet this …

A Boeing 777x is displayed during the International Paris Air Show at the ParisLe Bourget Airport, on June 20, 2023. Geoffroy Van Der Hasselt | AFP | Getty Images Boeing Commercial Airplanes CEO Stan Deal says 2023 has been a year of orders for widebody aircraft with the U.S. manufacturer …