One of the International Monetary Fund's top economists signals little risk of a global recession, despite the ongoing rumblings of geopolitical uncertainty.The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024 and projects the same rate in 2025."When we do the risk...
A water slide on Savannah, a 274-foot hybrid superyacht.Courtesy of Northrup & JohnsonA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Superyachts sales took a dive in...
Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California. Justin Sullivan | Getty ImagesShares of Adidas jumped 6.3% on Wednesday after the company unexpectedly raised its full-year guidance and reported a year-on-year profit increase in the first quarter.The German sportswear company said that it...
Financial Counsellor and Director of the Monetary and Capital Markets Department Tobias Adrian hold the press briefing of the Global Financial Stability Report at the International Monetary Fund during the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group in Washington DC, United States...
Fintech Review sat down with Alex Savin, Founder of Chrome Capital, to delve into the transformative impact of international tech investments on global markets. We discuss the strategic role of digital technology in enhancing societal benefits, address concerns about the sustainability of such investments, and examine significant trends shaping...
A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024.Peter Boer | Bloomberg | Getty ImagesShares of ASML on Wednesday fell as the company missed sales forecasts, but stuck to its full-year outlook.ASML's stock was down around 4.5% in early...
Inflation in the U.K. eased to 3.2% in March, the Office for National Statistics said on Wednesday.That was slightly higher than the forecast from economists polled by Reuters of 3.1%, but was down from 3.4% in February.Food prices provided the biggest downward drag on the headline rate, the ONS...