Podcasts about arabile gumede

We hear exclusively from French finance minister Roland Lescure who says his country would be willing to aid the U.S. in securing the Strait of Hormuz but would require the conflict to de-escalate first. UK Chancellor of the Exchequer Rachel Reeves has warned the nation faces the possibility of higher inflation and borrowing costs due to the Iran war but tells CNBC it is on a far stronger footing today to absorb the shocks due to her fiscal reforms. Tehran fires a barrage of missile attacks at Tel Aviv following the killing of Iran's senior-most security chief Ali Larijani. In the U.S., top counter-terrorism director Joe Kent resigns over the decision to go to war. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump looks to postpone his China trip, saying his focus remains on the conflict in the Middle East. The U.S. leader also hits out at European allies after several reject his demand to help escort tankers through the Strait of Hormuz. And in markets, futures point to a day in the red on Wall Street, with Trump again calling on the Fed to cut rates ahead of its meeting starting today, after the Reserve Bank of Australia fires the starting gun on a week of central bank action by tightening policy.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump calls on allies to help secure the Strait of Hormuz with exports through the vital oil chokepoint remaining effectively halted, while European foreign policy chief Kaja Kallas criticizes the U.S. government's decision to lift some energy sanctions on Russia. Oil prices tick higher as the disruption continues, with traders looking to navigate price volatility. Investors look ahead to a massive week of central bank action, as lenders across the globe grapple with fallout from the conflict in the Middle East. Unicredit launches a bid to raise its stake in Commerzbank above the 30% level but says it doesn't want to take control of the German lender.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Oil settles about $100 per barrel for the first time since 2022 after Iran's new Supreme Leader Mojtaba Khamenei pledges to keep the Strait of Hormuz closed. U.S. Energy Secretary Chris Wright and Treasury Secretary Scott Bessent say the U.S. Navy will be helping to escort tankers out of the Gulf once military conditions are met. The U.S. government has sought to further ease prices by lifting sanctions on Russian oil already in transit. Russia's ambassador to the United Kingdom, Andrey Kelin, tells CNBC that Russia stands by Iran and that the U.S. and its allies are solely to blame for the Gulf crisis. Rate cut expectations are dampened as concerns over a prolonged conflict send the dollar and yields higher while equities fall into the red.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Oil prices have pulled back from $100 a barrel following several attacks on merchant vessels in the Gulf. Two tankers have been reportedly attacked overnight in Iraqi waters. The IEA announces its largest strategic reserve release of 400m barrels but energy markets remain wary. President Trump and the IEA's Fatih Birol vow to keep oil flowing. The White House launches a probe into several key trading partners including the EU and China which, under section 301, permit tariffs to counter unfair commerce practices. And in autos news, BMW enjoys a Q4 earnings beat despite tariffs affecting its FY guidance. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Oil prices swing after the White House says the U.S. Navy did not escort a tanker through the Strait of Hormuz. The denial corrected a now-deleted social media post by Energy Secretary Chris Wright. The IEA reportedly proposes the largest-ever release of oil reserves as the Iran conflict continues to restrict the movement of global supplies. In autos news, Porsche narrowly misses FY sales expectations and says it will now streamline itself, pivoting away from EVs and overhauling its product line-up. Meanwhile, Renault Group CEO, François Provost, tells CNBC he still believes electric cars are the future.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. President Donald Trump hails the war effort in Iran as ‘very complete' and has suggested some oil sanctions could be eased to shore up confidence in the market. However, Trump warned Iran could be struck even harder should it attempt to further disrupt supply. G7 energy ministers are set to discuss a potential release of strategic oil reserves. The U.S. is reportedly planning for up to 3-4 million barrels to be made jointly available. Aramco CEO Amin Nasser has warned of ‘catastrophic consequences' should the conflict continue to disrupt supply. And in autos news, Volkswagen falls short of FY sales expectations but predicts margin improvements in 2026.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Oil prices surge to almost $120bbl overnight before falling back to $108bbl. President Trump says he does not believe the market shock will be prolonged. The G7 reportedly considers a joint release of oil from strategic reserves while reports suggest that Saudi Aramco may offer oil on the spot market. The Nikkei and Kospi lead Asian equity losses while Europe and Wall Street look set for continued sell-off pressure. Iran has chosen Mojtaba Khamenei to succeed his father, Ali, as the country's Supreme Leader to defy President Trump selection wishes. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

After six days of conflict in the Middle East, President Trump says the Iranian regime is desperate to end the fighting but the country's foreign minister, Abbas Araghchi, refutes the claims. Washington provides India with a 30-day waiver to buy Russia oil in a bid to settle global supply concerns and stabilise rising energy prices with U.S. crude trading at just over $80bbl. We hear from Bundesbank President and ECB governing council member Joachim Nagel who says the impact of the war in Iran is showing early signs of economic strain in Europe.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Global equities stage an impressive comeback as traders absorb fears about the conflict in Middle East. Tech and chip stocks lead the way in Asia with South Korea's Kospi rebounding to potentially posting its best session in 18 years. Crude also claws back losses despite concerns of a prolonged closure of the Strait of Hormuz. The U.S. has vowed to protect tankers passing through the Persian Gulf. In Europe, futures are cautious with the Stoxx 50 set to open more than 1 per cent lower. At the NPC in Beijing, the CCP sets its lowest growth outlook in more than three decades, citing ‘severe strain' on free trade and the global economic forecast. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Equity markets in Asia nose-dive with South Korea's Kospi posts its worst session in history. Conflict in the Middle East intensifies fears of inflation causing investors to dump tech and semiconductor stocks. The U.S. and Israel continue to strike Iran with notable damage to IRGC headquarters and the Islamic Revolutionary Court in Tehran. President Trump has raised questions over who would succeed the Islamic regime. Trump has also offered to provide risk insurance for vessels using the Persian Gulf and said the U.S. Navy would help escort them out of the Strait of Hormuz in a bid to ease climbing global oil and gas prices. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The U.S. strikes at more than 1,000 Iranian sites including IRGC facilities while Tehran retaliates by hitting the U.S. embassy in Riyadh. President Trump says he is prepared to extend the conflict if necessary. Oil and gas shipping prices surge as Iran claims it has blocked the Strait of Hormuz and vows to hit any vessels attempting to pass through. Qatar, meanwhile, has said it is suspending LNG production. Asian markets suffer a day in the red with the Kospi falling by more than 7 per cent. U.S. and European futures indicate continued selling later today.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. and Israeli strikes on Iran intensify as Tehran retaliates hitting targets across the region including American and British bases. President Trump says the attacks could last for several weeks. Crude prices surge as supply through the Strait of Hormuz come under threat. Futures on both sides of the Atlantic point to a sell-off as investors digest events in the Middle East. The tech-heavy Nasdaq is expected to lead declines on Wall Street.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Green Party wins the Gorton and Denton by-election in Greater Manchester with Labour coming a distant third. The result will pile more pressure and scrutiny on Prime Minister Sir Keir Starmer ahead of crucial UK local elections in May. Netflix abandons its acquisition deal for Warner Brothers Discovery after it refused to match Paramount's offer of $31 per share for the group's entire media portfolio. Netflix shares have moved higher as a result. Anthropic CEO Dario Amodei has been branded a ‘liar' with a ‘God complex' by a senior Pentagon official, increasing tensions between the U.S. government and the A.I. giant regarding the use of its model's guardrails. And in the banking sector, Barclays and Banco Santander see shares dive following reports the lenders have millions in exposure to a collapsed private UK mortgage provider facing fraud allegations.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Amid continuing A.I.-related jitters, Nvidia posts another set of stellar quarterly results but Salesforce disappoints with revenue forecasts coming in below analysts' expectations. However, both companies' CEOs tell our CNBC colleagues Stateside that market concerns are overblown. Nvidia's results play their part in a rebound on Wall Street and help tech shares in Asia with the Nikkei closing at a record high. Insurance giant and asset manager Allianz predicts FY operating profit could be as high as €18.4bn – up from almost €17.5bn in 2025.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump delivers the longest SOTU speech in history to defend his second-term record. Trump highlighted progress made on the economy and hailed the ‘golden age' of America. Several new tech partnership announcements including from Anthropic boost U.S. software stocks in yesterday's session and help push Asian equities into the green. UK banking giant HSBC posts a FY profit beat ahead of expectations despite being down on the prior year due to a series of one-off charges. CEO George Elhedery tells our colleagues in Hong Kong the recent shake-up at the lender s beginning to bear fruit. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Wall Street suffers another A.I.-fueled sell-off with enterprise software and private capital leading losses. Investors' fears reappear following the unveiling of a new Anthropic programming language and a report predicting mass white collar job losses. Asia-focused lender Standard Chartered posts a Q4 miss despite seeing a surge in its wealth management business and the announcement of a $1.5bn share buyback. CEO Bill Winters tells CNBC the current tariff turmoil is delaying investments. As an updated global tariffs regime of 10 per cent take effect, U.S. President Donald Trump warns countries against ‘playing games' with the SCOTUS decision to strike down his reciprocal levy agenda. The EU is to delay approval of its U.S. trade deal following the latest tariff announcements.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. President Donald Trump unleashes a new 15 per cent global baseline tariff – the maximum legal amount – following the Supreme Court's ruling that reciprocal country-specific levies were illegal. The European Commission has insisted Washington honours its trade pact following Friday's SCOTUS verdict. U.S. trade envoy Jamieson Greer says all agreements will remain in place. The tariff retaliation has pushed European futures south and Wall Street is also poised to start the new week deep in the red.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Crude prices move higher with Brent now surpassing $70 a barrel after President Trump warns of potential consequences should Iran fail to reach a deal over its nuclear programme. U.S.-based private credit group Blue Owl announces it will halt investor withdrawals from a debt fund for retail traders, causing shares to slump across the sector. We are live at the A.I. Impact summit in New Delhi where CNBC learns that Nvidia is launching a new $30bn investment into OpenAI. Google DeepMind co-founder and CEO Demis Hassabis says the sector is suffering from a shortfall of memory and chips. And in aviation news, Airbus cuts its output target causing shares to fall but AF-KLM posts more than €2bn in FY profit.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

News of a potential choreographed change at the top of the ECB has pushed Europe's Stoxx 600 to another record close. Wall Street also closed in the green even though FOMC minutes signal a rate cut pause in the near term. We are live at the A.I. Impact summit in New Delhi where we hear from Microsoft CEO Brad Smith. He tells CNBC that U.S. and European tech companies should be wary of increased Chinese competition within the A.I. sector. Continued tensions in the Arabian Sea over potential U.S. naval intervention in Iran, pushing crude prices more than 4 per cent higher in yesterday's session. Swiss food giant Nestlé beats Q4 sales expectations and has unveiled plans to streamline its product portfolio. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

We are live at the A.I. Impact summit in New Delhi where Mistral CEO Arthur Mensch tells CNBC that a large proportion of enterprise software could end up heavily disrupted by artificial intelligence. German chemicals giant Bayer settles a $7.25bn litigation deal regarding of thousands of lawsuits over the roundup weedkiller. The agreement has pushed shares up by more than 7 per cent at yesterday's market close in Europe. The Reform UK party is to launch its plans for the OBR and the BoE later today but the central bank's independence is not up for discussion.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

European equities futures point south as Wall Street is set to return to trading following the President's Day holiday. A.I. concerns remain with the Nasdaq stuck deep in the red. Eurogroup ministers meet in Brussels to plan to strengthen the euro's role globally. The bloc is also preparing to unveil new draft laws designed to protect key sectors of industry. In Geneva, a second round of nuclear talks between the U.S. and Iran are due to begin with President Trump indirectly involved. Officials from Ukraine, Russia and the U.S. also meet for another round of peace negotiations.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. Secretary of State Marco Rubio insists that Washington wants to reform rather than abandon the trans-Atlantic alliance. We speak exclusively to German foreign minister Johann Wadephul at the Munich Security Conference who says Rubio's speech assured the path of future cooperation. European equities are called higher while U.S. markets are shut for President's Day with A.I. concerns continuing to be felt across sectors. Japanese Q4 GDP disappoints, coming in at only 0.2 per cent on the year and far below expectations.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

AI disruption fears hit equity markets once again, sending the S&P 500 and Nasdaq lower with transport, commercial real estate and software stocks all under pressure. Meanwhile, global leaders gather for the Munich Security Conference as U.S. allies in Europe look to chart a more independent course. And in corporate news, L'Oreal Q4 sales miss expectations as strong numbers out of the U.S. and Europe fail to offset weakness in China, sending U.S.-listed shares sharply lower, but CEO Nicolas Hieronimus tells CNBC he's confident the French beauty giant will bounce back.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. stocks give up an initial bounce as investors digest a mixed jobs report - the headline figure more than double expectations but growth for last year revised lower. German industrial giant Siemens raises its outlook after posting a 10% jump in first quarter orders, but Mercedes full year earnings more than halve as the automaker takes a €1 billion hit from tariff costs. And in Japan, Softbank notches a fourth straight quarter of profit, boosted by rising valuations of its stakes in AI giants Nvidia and Open AI.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Futures stretch into the green on both sides of the Atlantic as investors await a crucial U.S. non-farm payrolls print with the White House aiming to temper expectations. Dutch brewing giant Heineken announces it will be slashing thousands of jibs in the next two years and it has lowered its FY growth forecast after weak demand for its beers. German lender Commerzbank enjoys a Q4 beat on the top and bottom line and expects net profit for the year to top expectations. CEO Bettina Orlopp tells CNBC the bank is always open to renewed interest from Unicredit. On Wall Street, shares in U.S. financial stocks plunge following the unveiling of Altruist's new A.I.-powered tax planning tool. We hear from Anthoropic's CCO Paul Smith who says his company is set on extracting real value from A.I.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Wall Street rebounded during Monday's session with strong performances from tech giants Oracle, Broadcomm and Nvidia. Asian equities have followed suit but Europe is set to open flat. Embattled UK Prime Minister Sir Keir Starmer has vowed to Labour MPs that he will fight on as pressure mounts on him to step down over his appointment of Peter Mandelson as U.S. ambassador. In luxury news, sales of Gucci plunge 10 per cent in Q4. It's the tenth consecutive quarter of falling revenue for parent company Kering which misses FY forecasts.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Japanese Prime Minister Sanae Takaichi secures a snap election landslide to pave the way for major fiscal spending. Her decisive victory pushed the Nikkei beyond the 57,000-mark for the first time and drove JGB yields higher. In the U.S., beleaguered tech and software stocks rallied on Friday to help the Dow close about 50,000 for the first time ever. Italian lender Unicredit smashes Q4 net profit forecasts and raises its FY 2026 profit guidance. Speaking exclusively to CNBC, CEO Andrea Orcel says his bank has ‘more optionality' to potential dealmaking than other European rivals.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The tech rout Stateside looks set to continue into a third day with giants such as Oracle, Palantir and Salesforce all suffering double-digit losses for the week. The gloom is contagious in the crypto space with Bitcoin briefly plunging below the $61,000 mark. UK Prime Minister Keir Starmer offers an apology to victims of Jeffrey Epstein for his appointment of Peter Mandelson as U.S. ambassador, despite being aware of his close ties to the late, convicted paedophile. We hear from BoE governor Andrew Bailey who says the upheaval seen in Westminster is being felt globally. And in e-commerce news, Amazon posts its first quarterly miss in more than three years and announces $200bn for capex spending for 2026. Shares plummeted 11 per cent in after-hours trading as a result. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Nasdaq suffers back-to-back losses of more than 1 per cent for the first time since April following a massive tech sell-off that sees almost $1tn wiped from tech stocks as A.I. related concerns reverberate around markets. Alphabet posts FY revenue of more than $400bn for the first time and signals it is prepared to more than double its A.I. investment. UK Prime Minister Keir Starmer is set upon by Labour backbenchers and forced to release documents about the vetting process of former peer Peter Mandelson for the post of U.S. ambassador and his links to the convicted paedophile Jeffrey Epstein. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

UBS posts quarterly profit of $1.2bn and hikes its dividend by 22 per cent and reaffirms its forecasts for the year. The Swiss lender says it is on track to fully integrate Credit Suisse later this year but CEO Sergio Ermotti says clients remain wary due to geo-political considerations. Pharma giant Novo Nordisk sees U.S.-listed shares plunge after warning of disappointing sales due to competition to its flagship obesity drugs. CEO Mike Doustdar believes the GLP-1 market will only get bigger. And in tech news, Anthropic's new ‘Claude' model causes a wider sell-off in enterprise and cloud software as the threat of A.I. disruption looms over white-collar sectors. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Global equity markets bounce back with South Korea's KOSPI notching its best session in almost six years and the Nikkei closing at a record high. Metals prices also stabilise and claw back some of the losses from a two-day rout. The U.S. moves to slash tariffs on New Delhi from 50 to 18 per cent, nudging Indian assets higher. President Trump says the country has now agreed to halt all purchases of Russian oil. In France, lawmakers finally agree on a budget following four months of intense wrangling. Prime Minister Sébastien Lecornu hailed the agreement after gaining support from the Socialist party through a slew of concessions and defeating a vote of no confidence at the Assemblée Nationale.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Gold and silver spot prices continue to plunge following Friday's rout which saw the worst one-day decline since 1980 as investors digest President Trump's decision to nominate Kevin Warsh as Federal Reserve Chairman. Crude prices ease back from multi-month highs after Trump says the Iranian regime is engaging in “serious” talks with Washington to avert U.S. military strikes and to strike a deal on its nuclear programme. In Asia, equities kick off the new week deep in the red. South Korea's KOSPI leads the regions losses and has triggered brief pause in trading. And the U.S. government enters a partial shutdown despite a late Senate deal on DHS funding. House Speaker Mike Johnson says the House will vote by the end of tomorrow. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

European equities are set to open in the green but Stateside futures are expected to lose ground ahead of President Trump's eagerly anticipated announcement of a new Federal reserve chairman. Former Fed governor Kevin Warsh is now reportedly the frontrunner for the job. Apple enjoys a bumper quarter on the back of strong iPhone sales but the share price stutters on continued concerns about the company's demand forecast and AI strategy. UK Prime Minister Sir Keir Starmer attends a business leaders' event on the final day of his landmark visit to China as President Trump warns about deeper engagement with the country. And in retail news, German sporting giant Adidas posts record sales and more than doubles operational profits in the fourth quarter.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Tesla suffers a fall in its annual vehicle sales for the first time in its history but shares are still in the green as the auto maker posts a beat on earnings. Tesla has also announced it will be axing its S and X models as it moves to increasingly produce humanoid robots. German lender Deutsche Bank enjoys record FY and Q4 earnings. We speak to CFO James Von Molke who says U.S. economic strength will help bolster the world's economy. SAP posts Q4 sales results in line with expectations and says its cloud revenues are set to surge by up to 25 per cent this year. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The U.S. dollar whipsaws and falls to a four-year low against a basket of currencies following comments from President Trump that he remained sanguine about the greenback's recent slide. All eyes are on today's Fed rate decision as investors ponder who will replace outgoing Chairman Jerome Powell. Chip maker ASML beats on Q4 booking and ups its forecast ahead of expectations on the back of encouraging A.I. demand. And in luxury news, LVMH defies expectations to post a 1 per cent rise in sales. This was offset by FY operating profit which fell by almost10 per cent. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Indian Prime Minister Narendra Modi hails a ‘big agreement' struck with Brussels while European Commission President Ursula Von Der Leyen says the deal removes almost all trade barriers with a new a free trade zone of 2bn people. President Trump has increased tariffs on South Korean autos and other goods to 25 per cent. Metals are up at new record highs due to geo-political uncertainties with silver on course for its best month in more than 40 years. And in retail news, China's Anta moves to acquire a 29 per cent in German sportswear brand Puma. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Gold continues its upward trajectory, bypassing the $5,000/oz for the first time ever as investors seek security due to geo-political risks. President Trump threatens Canada with 100 per cent tariffs sho8uld is seal a trade deal with China but Prime Minister Mark Carney says he was not pursuing an FTA with Beijing. A partial U.S. government shutdown looms as Democrats are set to vote against an ICE funding extension after a second fatality by federal agents in Minneapolis.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Ukrainian President Volodomyr Zelenskyy slams Europe's ‘lost' leaders during his address at the WEF in Davos, calling for action, not words in response to Russia's invasion of his country. Nineteen nations sign up to President Trump's Board of Peace despite a lack of commitment from key European nations. The leaders of Paraguay and Kosovo tell CNBC that sceptical nations will eventually come around to the initiative. Crude prices bounce back following President Trump's claims he would renew attacks on Tehran should it attempt to revive its nuclear programme. Trump also moves to sue JP Morgan and its CEO Jamie Dimon for $5bn accusing the lender of allegedly debanking his accounts for political motives.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump tells CNBC's Joe Kernen he has ‘the concept of a deal' over Greenland and has stood down his threat of tariffs as a result. The reversal sends U.S. equities back into the green with the S&P 500 posting its best session since November and European futures point to a rebound as well. President Trump prepares for a signing ceremony for his Board of Peace in Davos but some leaders have so far declined to join. Dutch Prime Minister Dick Schoof tells CNBC his government still has reservations about the agreement. And there are hopes of a bilateral meeting between President Trump and Ukrainian President Volodomyr Zelenskyy. Polish President Karol Nawrocki warns this channel that Russia will plan to attack Europe in the future irrespective of a Ukrainian peace deal.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. markets endure their worst session since October as the President Trump ratchets up tariff tensions over Greenland. Speaking on a CNBC panel of central bank governors, Bundesbank President Joachim Nagel warns against the investigation into Federal Reserve Chairman Jerome Powell. French President Emmanuel Macron and Canadian Prime Minister Mark Carney bemoan the U.S. administration's ‘rupture' from hitherto established foreign policy strategies.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Wall Street futures are in the red as U.S.-Europe tensions over the fate of Greenland concern global markets. Prior to leaving for the WEF in Davos, Switzerland, President Trump said only the U.S. can adequately protect the Arctic territory and he threatened to increase tariffs on French wine and champagne after President Macron declined his invitation to the Gaza Board of Peace. U.S. Treasury Secretary Scott Bessent dismisses ‘unwise' European retaliatory tariffs while Siemens Energy Chairman Joe Kaeser tells CNBC dialogue between Brussels and the White House must continue.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

President Trump has warned 8 European countries of further tariffs should they block the U.S. from acquiring Greenland by June. U.S. Treasury Secretary Scott Bessent, says European leaders will eventually be convinced the move is beneficial to the collective security of all NATO members. However, EU leaders will hold an emergency summit this week where French President Macron is expected to urge the bloc to launch almost €100bn of retaliatory tariffs and to employ its anti-coercion trade ‘bazooka' instrument against Washington. China achieves its 5 per cent GDP growth target for 2025 thanks to booming exports but moribund domestic consumption weighs on the data. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Chicago Federal reserve Chairman Austan Goolsbee says the removal of Fed independence would see inflation “roaring back” and the IMF managing director Kristalina Georgieva has pledged her support behind Jerome Powell who is under criminal investigation. However, U.S. Commerce Secretary Howard Lutnick tells CNBC that the Fed has ‘plenty of room' to prompt further interest rate cuts. European equities hit another record high during Thursday's session following bumper earnings from Taiwan's TSMC. The result nudged European chip makers up and helped push the tech subindex to levels last seen at the start of the century. And a U.S. Congressional delegation are in Copenhagen to meet with Danish Prime Minister Mette Frederiksen to discuss the future of Greenland.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

UK GDP figures for November beat expectations to come in 0.3 per cent higher month-on-month and 1.4 per cent year-on-year. Denmark and EU allies boost their troop presence in Greenland as talks in Washington fail to deliver an agreement. President Trump says the U.S. needs the Arctic territory for its national security. Crude prices fall as U.S.-Iranian tensions ease slightly, however both the U.S. and UK decide to withdraw military personnel from an American-run base in Qatar. And in luxury news, Cartier owner Richemont enjoys a bumper Christmas season, posting an 11 per cent surge in quarterly sales.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

U.S. core inflation data for December dips slightly below forecasts with hopes it may have peaked. President Trump once again lashes out at Federal Reserve chairman Jerome Powell over interest rate cuts. Crude experiences a volatile session with the prospect of U.S. intervention in Iran protests still on the table after President Trump told protestors on the ground that ‘help was on its way'. And China posts a new record high trade surplus of $1.2tn in 2025 despite U.S. tariffs.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

All former living Federal Reserve Chairs sign a joint condemnation of the federal criminal investigation into current chairman Jerome Powell. UBS CEO Sergio Ermotti is reportedly eyeing an exit from the position next year, triggering a succession race for one of the most contentious jobs in European banking. Airbus beats its revised delivery target for 2025 to cement its place as the world's largest plane maker.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Federal Reserve Chairman Jerome Powell is under federal criminal investigation amid the central bank's $2.5bn building renovation. Powell blamed President Trump behind the move and warned that the independence of the Federal Reserve was threatened. Iran says it will fight back if the U.S. attacks. President Trump has reportedly considered military intervention following the killing of hundreds of protestors during the largest anti-regime demonstrations seen in years. And after 25 years of negotiations, the EU is set to create the world's largest free trade area with Mercosur countries in Latin America despite fierce pushback from farmers across the bloc.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

European equities are starting the day in the green with attention focusing on the U.S. non-farm payroll print out later today, as well as a crucial Supreme Court ruling on tariffs. Chinese December inflation data comes in at a three-year high but the annual print is flat, which adds to concerns about deflation in the country. In mining news, Glencore and Rio Tinto confirm they are in talks which could potentially lead to a mega-merger, creating the world's largest resource extraction company.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The U.S. administration says it will control Venezuela's oil sales indefinitely, with Energy Secretary Chris Wright telling CNBC the plan is needed to drive change in the country. European stocks look set to follow Wall Street into the red after mixed data stateside - with attention now turning to Friday's non-farm payrolls report. And, China reportedly asks tech companies to halt orders of Nvidia's H200 chips a day after Jensen Huang hails strong demand in the country, as Beijing looks to reduce reliance on foreign-made AI products.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.