Saudi Arabia’s economy minister rejected recent reports that the kingdom’s $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans. “All projects are moving full steam ahead,” Faisal Al Ibrahim told CNBC’s Dan Murphy on Monday at the World Economic Forum’s special meeting in Riyadh.…
Ireland’s technical recession over as GDP rises in Q1 2024 Newsflash: Ireland has escaped a technical recession, after its economy returned to growth this year driven by its IT sector. Ireland’s GDP is estimated to have risen by 1.1% quarter-on-quarter in January-March, new data from the Central Statistics Office shows. Growth was driven mainly by…
Yousaf confirms he is resigning, saying he was not willing to trade his principles just to win no-confidence vote Humza Yousaf has arrived. He thanks journalists for coming and says last week he was here to announce the ending of the Bute House agreement, the power-sharing deal with the SNP. He says he still thought…
The EU has launched formal proceedings against Meta, owner of Facebook and Instagram, amid concerns it is not doing enough to counter disinformation before the EU elections in June. Thierry Breton, commissioner responsible for the internal market, has given the tech firm five days to address Commission concerns that it is breaching new laws. Breton…
A pair of giant pandas will soon make the journey from China to the US, where they will be cared for at the San Diego zoo as part of an ongoing conservation partnership between the two nations, officials said on Monday. The San Diego Zoo Wildlife Alliance said its caretakers recently visited China to meet…
UK’s foreign secretary Cameron: 40-day ceasefire is on table if Hamas accept deal The current proposal put to Hamas over the Gaza war includes a sustained 40-day ceasefire and the release of thousands of Palestinian prisoners in exchange for the release of Israeli hostages, British foreign secretary David Cameron said on Monday. “I hope Hamas…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Bruce Ratner, former New York City real estate developer and ‘Early Detection’ author, joins ‘Squawk Box’ to discuss the real estate market, state of commercial real estate, mortgage rate outlook, Ratner’s personal crusade against cancer, and more. Source: www.cnbc.com
Donald Trump and Ron DeSantis met Sunday for a golf course breakfast in an apparent attempt to thaw their relationship after the Republican primary. The Florida governor was once considered the former president’s top rival in the Republican presidential primary dominated by Trump, with a platform that rested primarily on fighting the “woke” cultural forces…
Opening statements are expected on Monday in the fraud trial of seven people charged in what federal prosecutors have called a massive scheme to exploit lax rules during the Covid-19 pandemic and steal from a program meant to provide meals to children in Minnesota. The seven will be the first of 70 defendants to go…
The online secondhand fashion seller Vinted has reported a 61% rise in sales to almost €600m (£513m), taking the company out of the red for the first time amid a boom in demand for “pre-loved” clothing. The Lithuania-based group said growth had been spurred by entering new markets including Denmark and Finland; an expansion into…
