European Commission President Ursula von der Leyen attends a press conference, on the day of a European Union leaders summit, in Brussels, Belgium March 22, 2024. Johanna Geron | ReutersEU Commission President Ursula von der Leyen on Tuesday named Spain’s ecological transition minister Teresa Ribera as the bloc’s next antitrust commissioner while Estonia’s Kaja Kallas will be in charge of foreign policy.Lithuania’s Andrius Kubilius will become the EU’s first defence commissioner – a new role designed to build up European military manufacturing capacity in the face of Russian aggression in Europe’s eastern flank.Other names on the list of EU Commissioners include…
Author: usaeverydaylife
Chase Freedom cash-back calendar for 2024Chase has just announced the bonus 5% cash-back categories for the fourth quarter of 2024.January to March (closed): Grocery stores, fitness clubs and gym memberships and self-care and spa servicesApril to June (closed): Hotel stays and experiences, restaurants, qualifying Amazon purchasesJuly to September (closed): Gas stations, EV charging, select live entertainment and movie theatersOctober to December (activate now): PayPal, McDonald’s, Pet shops and veterinary services, select charitiesChase Freedom Flex®Rewards5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate (then 1%), 5% cash back on travel booked through Chase…
Staff members counting RMB cash deposited by customers in China’s Nantong city.Cfoto | Future Publishing | Getty ImagesThe world’s super rich club expanded significantly over the past 10 years, with China leading the charge, according to the latest report from New World Wealth and investment migration advisor Henley & Partners.The number of centimillionaires surged 54% worldwide over the past decade to 29,350, particularly in China and the U.S., according to the report. Centimillionaires are ultra-high-net-worth individuals with investable wealth of $100 million or more. “America and China have experienced what can only be described as a centi-millionaire boom, significantly outperforming their European…
North Carolina’s Research Triangle is one of the fastest-growing areas in the U.S., with a population that’s boomed by 5.6% since 2020 to 2.4 million people, according to Census data. Its strong access to talent, a pro-business environment and a low cost of living have helped it get here. The area, also known simply as “The Triangle,” is anchored by Raleigh, Durham and Chapel Hill and their major universities: North Carolina State University, Duke University and the University of North Carolina at Chapel Hill. They all surround Research Triangle Park, or RTP, the largest research park of its kind in the…
The sun rises behind the skyline of lower Manhattan and One World Trade Center as people walk along the Hudson River on September 14, 2024, in Jersey City, New Jersey. Gary Hershorn | Corbis News | Getty ImagesThis report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.What you need to know todayRecord close for DowThe S&P 500 and Dow Jones Industrial Average rose on Monday, with the Dow notching a record close. But…
People walk by a banner outside of the New York Stock Exchange for the initial public offering of Flutter Entertainment, the parent company of FanDuel, on Jan. 29, 2024.Spencer Platt | Getty ImagesBritish gambling technology firm Playtech has agreed to sell its Italian unit Snaitech for 2.3 billion euros ($2.56 billion), including debt, to the world’s largest betting company Flutter Entertainment, the companies said on Tuesday. Flutter – the owner of FanDuel and Paddy Power – said the deal, which is expected to close by the second quarter of 2025, will add to its earnings per share immediately. The deal…
Investors watch computer screens displaying stock price figures at a stock exchange hall.Jiang Sheng | Visual China Group | Getty ImagesIt’s getting late into 2024 and the world is still worried about China. From property woes to sluggish economic data, China appears to be suffering from long Covid. The country is still reeling from the effects of widespread lockdowns since 2020, showcased through weaker GDP, a struggling stock market, and high unemployment — dashing hopes of a quick post-pandemic rebound. But amid all the uncertainties, this gloom and doom view isn’t shared by all market thinkers.”Everyone is so down on China. I…
Neste Oyj’s Singapore refinery in Singapore, one of the world’s biggest SAF plants, under construction on Wednesday, June 22, 2022. The site was chosen because its already a petrochemicals center with sound logistical connections and talent is readily available.Bloomberg | Bloomberg | Getty ImagesThe aviation industry still sees so-called “sustainable aviation fuel” (SAF) as the only viable way to meet its decarbonization targets, even as opposition and the potential for higher costs for passengers pose obstacles to the fast-growing sector.A flurry of deals have been struck in recent months, from United Airlines partnering with major supplier Neste to provide SAF…
Illustration of the China and U.S. flag on a central processing unit.Blackdovfx | Istock | Getty ImagesU.S. sanctions over the years on China’s semiconductor industry has forced Beijing to ramp up efforts to boost its domestic chip sector.The boom of artificial intelligence and foundational models has only spurred on China’s goal of playing a leading role in the chip industry.So far, it is American firm Nvidia with its graphics processing units, or GPUs, that has garnered the headlines, as it designs the key piece of hardware required to train up huge AI models, such as the likes seen from OpenAI…
Christopher L. Winfrey, CEO of Charter Communications.Courtesy: Charter CommunicationsCharter Communications CEO Chris Winfrey said he wants customers to think of reliability and credibility when they think of their cable and broadband provider.The cable giant told CNBC it is unveiling a series of changes Monday to bolster that goal, including rolling out new bundles and pricing, increasing internet speeds, offering credits for service outages and promising heightened reliability for customers.Charter — which provides broadband, cable TV and mobile services and is known to customers under the name of Spectrum — said it is also trying to make the company more approachable…
