Club Med is “very optimistic” about China’s reopening, and says the luxury resort chain is “definitely not for sale,” an executive from Fosun Tourism Group told CNBC.
Ukraine war live updates: Russia stirs outrage with plan for tactical nukes in Belarus; Ukrainian town now ‘post-apocalyptic’
Russia provoked outrage with its plan to station tactical nuclear weapons in Belarus, as announced by Russian President Vladimir Putin over the weekend.
Israeli president urges halt to judicial overhaul after protests
Israeli President Isaac Herzog urged a stop to the judicial overhaul, after Prime Minister Benjamin Netanyahu fired his defence minister for his opposition.
Worried about your kids and A.I.? Experts share advice — and highlight the risks to look out for
AI is all the rage, but there are concerns it could be a double-edged sword, especially when it comes to kids. Experts tell CNBC Make It how to mitigate them.
First Citizens soars more than 50% after buying large chunk of failed Silicon Valley Bank
The deal will see First Citizens Bank purchase approximately $72 billion of SVB assets at a discount of $16.5 billion.
‘The first bank crisis of the Twitter generation’: The pressure on banks is very different from 2008
Credit Suisse and Silicon Valley Bank may have collapsed but a financial crash today would be very different to the 2008 crisis.
Germany is overhauling its immigration rules to bolster a rapidly shrinking workforce
Germany is poised to pass a new nationality law that will make it easier for foreigners to gain citizenship.
Fed’s Kashkari says stress in banking sector brings the U.S. closer to recession
Recent banking turmoil could bring the U.S. closer to a recession, Minneapolis Fed President Neel Kashkari said in an interview with CBS’ “Face The Nation.”
Pfizer signs agreement with China on improving health coverage in the country
U.S. pharma giant Pfizer has signed an agreement with China to cooperate on improving the country’s health coverage, according to the company.
The banking crisis is doing the Fed’s work and creating a window for stocks to rally
Enough with the confusion. Let me lay it out for you. We want the Federal Reserve tightening cycle to end and to end now.