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Founder of left-wing party La France Insoumise (LFI) Jean-Luc Melenchon reacts during the election night of left-wing party La France Insoumise (LFI) following the first results of the second round of France's legislative election at La Rotonde Stalingrad in Paris on July 7, 2024. After the left-wing's election success in France on Sunday, all eyes are now on radical firebrand Jean-Luc Mélenchon who has demanded the left be given the premiership and a chance to govern following its unexpected election win. The New Popular Front (NFP) coalition — of which Mélenchon is the self-appointed figurehead — won the largest number of seats in the second round of France's snap parliamentary election. Europe had braced itself for France's far-right to win the largest number of votes in the second round of France's snap election. French President Emmanuel Macron's centrist "Together" bloc came in second with 163 seats and the far-right National Rally and its allies won 143 seats.
Persons: Jean, Luc Melenchon, Luc Mélenchon, , Mélenchon, Emmanuel Macron's, Gabriel Attal, Mélenchon —, Hugo Chavez, he'd Organizations: France, La Rotonde, Front, NFP, France Unbowed, Socialist Party, French Communist Party, National Assembly, NATO Locations: La, La Rotonde Stalingrad, Paris, France, Europe
This 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. However, recent profit-taking and valuation concerns led to a pullback and a rare downgrade from a Wall Street analyst. Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are. Kolanovic wasn't the only Wall Street strategist to be caught out by the bull run — but rival banks have incrementally increased their calls.
Persons: Skydance, David Ellison, Marko Kolanovic, Kolanovic, Lori Calvasina, Calvasina, Tesla, Tom Narayan, Squawk, Narayan, Tom Sosnoff, Bill Ackman, Warren Buffett, Sosnoff, — CNBC's Pia Singh, Alex Harring, Holly Ellyatt, Ruxandra Iordache, Ryan Browne, Samantha Subin, Lim Hui Jie, Leslie Josephs Organizations: New York Stock Exchange, CNBC, Nvidia Nvidia, Wall, Paramount, Skydance Media, Paramount Global, Hollywood, Boeing, Justice Department, JPMorgan, RBC Capital Markets, RBC Locations: Hollywood
A woman steps out of a polling booth prior to cast her vote in the first round of parliamentary elections in Le Touquet, northwestern France, on June 30, 2024. LONDON — France's left-wing New Popular Front coalition is set to unexpectedly win the most seats in the second round of the country's parliamentary election but fail to clinch an absolute majority, early data showed. By offering voters a starker choice and fewer candidates, RN's opponents hoped that the electorate would choose the non-RN candidate. The prime minister must leave," Jean-Luc Melenchon, leader of the France Unbowed party, said in a CNBC-translated social media update after the release of the early poll data. The final round of the election shows that voters, ultimately, have rejected Macron.
Persons: France's, France Unbowed, Ipsos, Emmanuel Macron's, , pollster Ipsos, Jean, Luc Melenchon, Macron, Melenchon, Macron's Organizations: LONDON, Popular Front, Socialists, CNBC, NFP, National Rally Locations: Le Touquet, France, Europe's
Francois Lo Presti | Afp | Getty ImagesFrench voters are heading to the polls on Sunday for the second and final round of voting in a snap parliamentary election. By offering voters a starker choice and fewer candidates, RN's opponents hope that the electorate will opt for the non-RN candidate. "For instance, former Prime Minister Edouard Philippe has said voters should vote neither for the RN nor candidates from the far-left France Unbowed (LFI) party. At the same time, current Prime Minister Gabriel Attal has called for everyone to vote against the RN." If the choice was between a far-left and far-right candidate, however, the picture was more nuanced, showing a split vote.
Persons: Francois Lo Presti, Emmanuel Macron's, Jordan Bardella, Antonio Barroso, Edouard Philippe, Gabriel Attal, Ifop, Teneo's Barroso, Harris, Emmanuel Macron, Xi Jinping, Mohammed Badra, Macron, Teneo, Julien De Rosa Organizations: French, Afp, Getty, National Assembly, Front, NFP, Le, Palais des Sports, Nurphoto, Research, Harris Interactive, Reuters, Republicans, Macron's, Chinese Business Council, National Locations: Henin, Beaumont, France, Paris, Franco, Marigny, Garches
Prime Minister Gabriel Attal has said French voters now have a "moral duty" to halt the party's advance. The officer — a father of three who's in his 40s, and a right-leaning voter — said the polarization in French society was "very worrying, but unfortunately normal with the 'diversity' of our society." The police officer said he expected civil unrest after the vote, whichever party gained the most votes. "There will be civil unrest whoever is elected, this is France and the people speak their mind." Civil unrest possiblePolitical experts agree that the current febrile atmosphere of French politics, and antagonism between the main bodies of voters, are the ingredients for further civil unrest.
Persons: that's, Emmanuel Macron, Macron, Gabriel Attal, Amel, Sebastien Salom, Gérald Darmanin, , You've, Philippe Marlière, you've, Marlière, Jordan Bardella, Bardella, Ifop Organizations: la Republique, Nurphoto, CNBC, Front, Left, Afp, Getty, Republican, France's, Republique, Rassemblement, Anadolu, University College London, National Assembly, National, NATO, Le, Palais des Sports Locations: la, Paris, France's, France, Nantes, gomis, de, Bordeaux, Europe, Ukraine
Francois Lo Presti | Afp | Getty ImagesLONDON — A somewhat strange and ironic political shift has gripped Europe over the last few years. "There's an anti-incumbency mood again in Europe," Dan Stevens, professor of politics at Exeter University, told CNBC. Shared concernsThe U.K. is not alone in looking for a political change of scenery. A similar shift has been observed in much of western and eastern Europe in recent years, with hard-right populist and nationalist parties upsetting and unseating the old political establishment. Political analysts point out that, although far-right political parties in France, Germany and Italy made gains in the recent European Parliament elections, they also did not perform quite as well as expected.
Persons: Jordan Bardella, Francois Lo Presti, Dan Stevens, Stevens, Christopher Granville, leaderships, they've, Granville, Sofia Vasilopoulou Organizations: Union, Afp, Getty, Labour Party, Conservative Party, Europe —, Exeter University, CNBC, Conservative, Party for Freedom, EMEA, TS Lombard, King's College London Locations: France, Henin, Beaumont, Europe, euroskeptic, Ukraine, Italy, Netherlands, Germany
The Houses of Parliament are seen on June 28, 2024 in London, England ahead of the UK general election. LONDON — European stocks are expected to open higher Thursday, with the U.K.'s general election in focus in the region. The U.K. general election is being held Thursday. Polls open from 7a.m. Overnight, Asia-Pacific markets were mostly up Thursday as Japan's Topix crossed its all-time high of 2,886.50, previously set in December 1989.
Persons: Germany's DAX, Japan's Topix Organizations: LONDON, CAC, IG, Labour Party, Conservative Party Locations: London, England, Asia, Pacific
Here are a handful of them:1) CampaignsBy the time a presidential election takes place in the United States, the electorate will have already endured months of seemingly endless electioneering — with the entire election campaign process from candidacies and the campaign trail to the actual presidential election and inauguration taking up to two years. In the U.K., the time frame between a prime minister calling a general election to the actual vote is just six weeks. It sounds simple, and usually is, unless there's a "hung parliament" in which no political party wins a majority of seats. In the U.K., political advertising on TV and radio is not allowed, so U.K. voters are subjected to the somewhat quaint "party political broadcasts" during election campaigns. 6) 'Absurd' diversionsBritish political experts note that, unlike in the U.S., where broad political debates tend to remain the key focus, U.K. election campaigns can see more minor or fringe issues dominate the short election campaign.
Persons: Rishi Sunak, Joe Biden, Paul Ellis, Sir Keir Starmer, Stefan Rousseau, Bobby Duffy, Donald Trump, Tom Brenner, , Britain's, Tony Blair, Alastair Campbell, Ben Curtis, Blair, Dan Stevens, Joe Biden's, Trump, Brian Snyder, Keir Starmer, Institute's Duffy, Duffy, Biden, Rodin Eckenroth, Rodin, John Curtice, it's, Ludovic Marin Organizations: Britain's, North Atlantic Council, NATO, South Derbyshire College, Trent, Commons, King's College London, CNBC, Brit, Republicans, U.S, Federal, Former U.S, Republican, Reuters, Electoral Commission, Inverness Royal Academy, Labour, of, Exeter University, Trump . Democratic Party, Reuters Incumbent British, Labour Party, Trump, European, Conservative Party, U.K, UK Ministry of Defence, Royal British, Afp, Getty Locations: Vilnius, Lithuania, United States, Burton, U.S, Britain, Philadelphia, Great Britain, England, Wales, Scotland, British, America, Western Europe, Atlanta , Georgia, Hollywood , California, European Union, Normandy, Ver, Gold, France
Thanks to de-aging technology, De Niro portrayed Sheeran throughout his life, the lines on his face digitally smoothed. There are a few ways to make actors appear younger on screen using technology, each with advantages and disadvantages. In 2019’s “Gemini Man," the younger version of Will Smith’s character Henry Brogan has a fully CGI head. There’s an excruciating bit in “The Irishman” when a supposedly young Sheeran kicks another character out of his shop. This, really, is why de-aging megastars always feels a bit icky.
Persons: Holly Thomas, Katie Couric, Robert De Niro’s, ” De Niro, Vito Corleone, Marlon Brando, De Niro, Frank Sheeran, Martin Scorsese’s, , Sheeran, De, Thomas, Tom Hanks, Robin Wright, Robert Zemeckis, Hanks ’, Will Smith’s, Henry Brogan, Andy Serkis’s Gollum, ” Sheeran, Niro, Smith, Quentin Tarantino, acclimated, , George Miller, Max, Charlize Theron, Indiana Jones, Harrison Ford, Marvel, Samuel L Jackson, Nick Fury, megastars, Hanks, Timothée Chalamet, Casey Affleck, ” Gwyneth Paltrow, Maggie Smith, Michael Cera, Sam Rockwell, Brando Organizations: Katie Couric Media, CNN, Paramount Pictures, Skydance Media, ” Indy Locations: London
LONDON — European stocks closed higher Wednesday, as sentiment remains on edge ahead of two major elections. The index provisionally closed 0.8% higher, with most sectors in the green led by mining stocks, up 2.3%. Maersk shares ticked 3.8% higher after the shipping giant withdrew from sales talks with logistics firm DB Schenker. It comes as figures showed softening in the U.S. labor market. ADP data showed less private payroll growth than expected in June, while weekly jobless claims numbers came in higher than forecast.
Persons: Vincent Clerc, Jerome Powell Organizations: Maersk, DB Schenker, Labour Party, Reuters, U.S, Federal Locations: France, Asia, Pacific, U.S
Poster of Christophe Versini for the Rassemblement National (National Rally) party, with Marine Le Pen and Jordan Bardella on it, on June 24, 2024. LONDON — European stocks are expected to start the new trading week higher as investors in the region digest the results of the first round of France's snap parliamentary election. European markets will be reacting to the results of the first round of the snap parliamentary election in France in which there was a sharp upswing in votes for the anti-immigrant National Rally party. Initial results point to it struggling for an absolute majority in the second round of voting that takes place on July 7, however. Overnight, Asia-Pacific markets started the second half of the year mixed as investors assessed June business activity data from China as well as Japan's business confidence readings.
Persons: Christophe Versini, Jordan Bardella, Germany's DAX, Emmanuel Macron's Organizations: Rassemblement National, LONDON, CAC, IG, National Rally, British Foods Locations: France, Asia, Pacific, China
The first round of a snap parliamentary election in France points to a surge in votes for the anti-immigrant National Rally party, with President Emmanuel Macron's centrist alliance coming into third place. Early polling data from national broadcaster France 2 indicates that National Rally (RN) won 34% of the vote while the leftist New Popular Front (NFP) alliance got 28.1%. If no candidate meets that standard, a second round of voting is held, listing the top two candidates and any other candidates who secured more than 12.5% of registered voters' support. The second round of voting on July 7 is the one to watch, according to Antonio Barroso, deputy director of Research at Teneo. As such, National Rally is widely expected to significantly increase the number of seats it has in France's 577-seat parliament, the National Assembly, from the current level of 89.
Persons: Emmanuel Macron, Emmanuel Macron's, Antonio Barroso Organizations: Nexus Institute, National Rally, France, New Popular Front, Research, NFP, National Assembly Locations: The Hague, Netherlands, France, Teneo
Vandalized posters with images of local candidates for the European Parliament election mixed with those from the first round of the 2024 French legislative elections, seen on June 24 2024, in Val d Arry, Calvados. France will hold an early legislative election in two rounds on June 30 and July 7 2024, following President Emmanuel Macrons decision which was triggered by his party's heavy defeat to the far-right National Rally in the 2024 European Parliament election. Nurphoto | Nurphoto | Getty ImagesFrench voters are heading to the polls on Sunday for the first round of voting in a snap parliamentary election that could see the far-right National Rally group become the biggest party in France's National Assembly, polls suggest. Calling the snap election, which will involve two rounds of polling on Sunday and on July 7, Macron said the vote would provide "clarification" and that "France needs a clear majority to act in serenity and harmony." French President Emmanuel Macron waits for guest arrivals for a conference in support of Ukraine with European leaders and government representatives on February 26, 2024 in Paris, France.
Persons: Emmanuel Macrons, Emmanuel Macron, Jordan Bardella, Macron, Le Pen, Jordan Bardella —, Pen, Peter Garnry, Giorgia Meloni, George Dyson, Dyson, Ludovic Marin Organizations: Nurphoto, Getty, National Assembly, National, Analysts, Chesnot, New Popular, National Rally, Le, Palais des Sports, Saxo Bank, Risks, Republicans, Renaissance, Nexus Institute, AFP Locations: Val d, Calvados, France, Ukraine, Paris, Germany, The Hague, Netherlands
BET Awards 2024: See who won
  + stars: | 2024-06-30 | by ( Dan Heching | ) edition.cnn.com   time to read: +5 min
CNN —The BET Awards kicked off on Sunday night with an electric performance by the one and only Megan Thee Stallion. The event, hosted by Taraji P. Henson, celebrates the best in Black entertainment, across music, film, television and sports. Nicki Minaj follows closely with six nods, including album of the ear for “Pink Friday 2,” best female hip-hop artist two best collaboration nominations, one with Lil Uzi Vert on “Everybody” and another for “Barbie World” with Ice Spice and Aqua. Will Smith, Lauryn Hill and Childish Gambino are among the scheduled performers.. ET on Sunday on BET and BET.com.
Persons: Megan Thee Stallion, Taraji P, Henson, Drake, , J, Cole, “ Rich, Daddy, Nicki Minaj, Lil Uzi, , Will Smith, Lauryn Hill, Childish Gambino, Usher, Chris Brown, Victoria Monét Michael, Mike Pink, Beyoncé Coco Jones, Muni, Brent Faiyaz Bryson Tiller, Chris Brown Drake, London Usher, Ty Dolla, Lil Wayne, FLO, Lil Durk, Cole “, Kendrick Lamar “, Megan Thee, Rich, Lola Brooke, Latto, Yung Miami, Uzi, Summer Walker, Savage, Daddy ”, Sexyy, Cardi, Gunna J, Cole Kendrick Lamar Lil Wayne, Cole “ Barbie, ” – Drake, ” – Usher, Monét, Boom Child, Cole Bennett Dave Meyers Janelle Monáe, Alan Ferguson, Tyler, 4Batz Ayra Starr, Dlow, BOBBY JONES, Shirley Caesar “, Kirk Franklin, Angel ”, Halle Bailey “, CeCe Winans, Erica Campbell, Naomi Raine, Chandler Moore, Jack Harlow “, Davido, Lojay, Aya Nakamura, Ayra Starr, Cleo Sol, Karol Conká, RAYE, Holly G, Seyi, Tasha Cobbs Leonard, Missy Elliott “ Hiss, Bob Marley, Beyoncé ”, Clarence ” “, Anthony Mackie Colman Domingo Damson Idris Denzel Washington Donald Glover Idris Elba Jeffrey Wright, Stanfield, Angela Bassett Ayo Edebiri Coco Jones Danielle Brooks Fantasia Halle Bailey Issa Rae Regina King YOUNGSTARS, Akira Akbar Blue Ivy Carter Demi Singleton, Diana Harris JaBria, Jalyn, Leah Jeffries Van Van, Wilson Angel Reese Coco Gauff Flau’jae Johnson Juju Watkins Naomi Osaka Sha’Carri Richardson Simone, Anthony Edwards Gervonta Davis Jalen Brunson, Irving LeBron James Patrick Mahomes Stephen Curry Organizations: CNN, BET, , Spice, Kanye, BEST, OF, BOBBY JONES BEST, Maverick City, ACT, BK ’ Locations: London, Texas, Africa, France, Brazil, Tyla, Jungeli, Makhadzi
A photo shows the bell during a bell ceremony of the Euronext Brussels Stock Exchange in Brussels on March 18, 2024. LONDON — European stocks are expected to open in negative territory Thursday as global inflation worries continue to rattle markets. Global market attention is shifting toward fresh U.S. inflation data on Friday, with May's personal consumption expenditures price index, the U.S. Federal Reserve's preferred inflation gauge, due to be released. Data releases in Europe Thursday include Italy's latest consumer and business confidence numbers, and Spanish retail sales. An EU leader' summit begins in Brussels on Thursday and the Bank of England publishes its latest Financial Stability Report.
Persons: Germany's DAX Organizations: Euronext Brussels Stock Exchange, LONDON, CAC, IG, Global, U.S, U.S . Federal, U.S ., Bank of England Locations: Brussels, U.S ., Asia, Pacific, Europe, EU
A Trader works on the floor of the New York Stock Exchange in New York City, June 24, 2024. LONDON — European stocks are expected to open higher Wednesday, reversing negative sentiment seen in the previous trading session. The positive open anticipated for European markets comes after rocky trade in the region, and elsewhere globally, after a tech-driven selloff — although volatility in the sector appeared to stabilize after chipmaking giant Nvidia rallied Tuesday. Wall Street is likely to shift its attention toward fresh U.S. inflation data on Friday with the release of May's personal consumption expenditures price index, the U.S. Federal Reserve's preferred inflation gauge. Data releases in Europe on Wednesday include Germany's GFK consumer survey for July and European consumer confidence data for June.
Persons: Germany's DAX Organizations: New York Stock Exchange, LONDON, CAC, IG, Nvidia, U.S, U.S . Federal Locations: New York City, Asia, Pacific, U.S ., Europe, Mulberry
Spencer Milligan, ‘Land of the Lost’ star, dead at 86
  + stars: | 2024-06-26 | by ( Jack Guy | ) edition.cnn.com   time to read: +1 min
CNN —Actor Spencer Milligan, best known for playing Rick Marshall in 1970s kids’ TV show “Land of the Lost,” has died at age 86. Milligan was born September 10, 1937, in Oak Park, Illinois, and died on April 18, according an obituary posted on the website of a funeral home in Sturgeon Bay, Wisconsin, where he lived. It was during this period that he played his most famous role, appearing in 30 episodes of “Land of the Lost” from 1974 to 1975. Wesley Eure as Will Marshall (left), Kathy Coleman as Holly Marshall (second-left), Philip Paley as Cha-Ka (second-right) and Spencer Milligan as Rick Marshall in "Land of the Lost." Milligan’s “Land of the Lost” co-stars Eure and Coleman paid tribute to their friend in a video posted on Facebook.
Persons: Spencer Milligan, Rick Marshall, , Milligan, Wesley Eure, Will Marshall, Kathy Coleman, Holly Marshall, Philip Paley, Cha, Ron Tom, Dukes, Hazzard ”, Kerry, Eure, Coleman, Organizations: CNN, , Bank, Getty, “ Police, Facebook Locations: Oak Park , Illinois, Sturgeon Bay , Wisconsin, Illinois, California, Lake Michigan, , Eure
Soon, he could well become prime minister if RN wins an absolute majority in the forthcoming parliamentary elections — and he's only 28. Bardella's rise from party spokesman in 2017 to party president over the course of five years is somewhat remarkable for a man who is only 28. Bardella excelled in economics and social sciences at a private college and joined National Rally — then known as the National Front — at the age of 16. Two years later, he became a Member of the European Parliament (MEP) before being made party president in 2022. Jordan Bardella, president of the National Rally, speaks to members of the media as he arrives at Medef in Paris, France, on Thursday, June 20, 2024.
Persons: Jordan Bardella, Julien De Rosa, Bardella, Denis, Joseph Downing, Pen, Jean, Luc Mélenchon, Frederic Chatillon, Le Pen, Le, , Critics, Francois Lo Presti, Macron, Holger Schmieding, Bardella's, Emmanuel Macron's Organizations: Afp, Getty, National, CNBC, National Rally, Paris Sorbonne University, London School of Economics, European Institute, National Assembly, Le, Palais des Sports, Nurphoto, cri, Union, NATO, Berenberg Bank, Popular, Bloomberg Locations: Paris, Villepinte, France, Bardella, Drancy, Paris suburb, Seine, Montmorency, Morocco, Henin, Beaumont, Ukraine, French, Medef
LONDON — European stocks are expected to open lower Tuesday, following souring U.S. market sentiment at the start of the week. The U.K.'s FTSE index is seen opening 16 points lower at 8,284, Germany's DAX 130 points lower at 18,207, France's CAC 40 down 32 points at 7,678 and Italy's FTSE MIB down 55 points at 33,982, according to data from IG. Global markets have turned lower after investors stateside sold off U.S. Big Tech stocks on Monday in favor of sectors such as banking and energy. Asia-Pacific markets mostly rose overnight, with traders assessing South Korea's consumer sentiment index for June, as well as Japan's service sector producer prices. Spanish gross domestic product data will be the main major economic release.
Persons: Germany's DAX Organizations: U.S, CAC, IG, Global, . Big Tech, Nvidia Locations: Asia, Pacific, Europe
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. Treasury has been the primary driver of markets this year: Neuberger Berman's Newman KroftHolly Newman Kroft, Neuberger Berman private wealth managing director, joins 'Money Movers' to discuss Nvidia, market concentration, U.S. consumers, and more.
Persons: Neuberger Berman's Newman, Holly Newman Kroft, Neuberger Berman Organizations: U.S, Treasury, Nvidia
But, after Ross died of brain cancer in July 2017 at 32, I was forced to rethink it. AdvertisementBefore Ross died, I always assumed we'd be strict about using devices at the table and going to places like McDonald's for chicken nuggets. If you're exhausted after going toe-to-toe for three hours solid, it's fine to let things go. Courtesy of Holly MatthewsBrooke was particularly anxious after Ross died. I sometimes look back at my attitude to parenting before Ross died.
Persons: , Holly Matthews, Ross, Brooke, I've, they've, Matthews, Ross Blair, Holly Matthews Brooke, She'd, she'd, that's, Lily Allen, We'd, it's Organizations: Service, Business Locations: Texas
Crew members haven’t been able to get off the ship for a variety of reasons. Bennett’s email identifies the eight eligible crew members, which include a cook, a fitter and an oiler. As part of the deal, those crew members will not need to stay in Baltimore. But with the new agreement Wednesday night, the eight crew members would be able to leave the country before they’re deposed. But it’s still unclear exactly when the eight crew members – and the rest of their colleagues – will be able to leave.
Persons: Dali, Francis Scott Key, haven’t, , ” Adam Levitt, Levitt, William Bennett, Grace Ocean, DALI, , ” Bennett, James Bredar, ” Levitt, Jerry Jackson, Jason Foster, Foster, they’re, Darrell Wilson, ” Wilson, Bro Chen Chuanyi, Gwee Guo Duan, it’s, , CNN’s Mary Kay Mallonee, Jeff Winter Organizations: CNN, City, Court, Synergy Marine, Synergy, U.S . Coast Guard, DOJ, Coast Guard, Department of Justice, , Baltimore Sun, TNS, Getty, Federal, Singapore Organisation of Seamen, Singapore Maritime Officers ’ Union Locations: Baltimore, City of Baltimore, Lankan, United States, London, of Baltimore, Dali, Singapore
Commuters crossing a junction near the Bank of England (BOE), left, in the City of London, UK, on Wednesday, May 8, 2024. Photographer: Hollie Adams/Bloomberg via Getty ImagesLONDON — European stocks are expected to open in mixed territory Thursday, with U.K. investors looking ahead to the Bank of England's policy rate decision. The U.K.'s FTSE index is expected to open 16 points higher at 8,212, Germany's DAX up 21 points at 18,087, France's CAC 40 up 3 points at 7,568 and Italy's FTSE MIB up 10 points at 33,192, according to IG. U.K. traders will be focused on the Bank of England's rate decision Thursday, although the central bank is widely expected to hold rates steady at a 16-year high of 5.25%, with the majority of economists polled by Reuters forecasting a cut in August after the country's July 4 election. Data released Wednesday showed U.K. inflation rose by an annual 2.0% in May, hitting the BoE's inflation target.
Persons: BOE, Andrew Bailey, Hollie Adams, Germany's DAX Organizations: Bank of England, City of, Bloomberg, Getty, Bank of, CAC, IG, Reuters Locations: City, City of London
CNBC Daily Open: Russia-North Korea defense pact
  + stars: | 2024-06-20 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This 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. Russia-North Korea partnershipRussia and North Korea signed a "comprehensive strategic partnership" deal on Wednesday, including a mutual defense pact, during President Vladimir Putin's first state visit to North Korea in 24 years. While the 2% inflation mark is significant, it was anticipated and mainly driven by lower energy prices. Musk clarifies remarksElon Musk attempted to clarify his controversial remarks after advertisers threatened to leave X. Musk previously told advertisers to "go f--- yourself."
Persons: Vladimir Putin's, Putin, Kim Jong Un, CNBC's Holly Ellyatt, Elon Musk, Musk, Eli Lilly Organizations: CNBC, Bank of England, Cannes Lions, CAC, Nasdaq Locations: Russia, North Korea, Ukraine, Cannes, France
CNBC Daily Open: Le Pen's 28-year old protégé
  + stars: | 2024-06-20 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This 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. China holds rates, stocks dipMarkets in the Asia-Pacific region were trading mostly lower after the People's Bank of China held interest rates unchanged. Russia-North Korea partnershipRussia and North Korea signed a "comprehensive strategic partnership" deal on Wednesday, including a mutual defense pact, during President Vladimir Putin's first state visit to North Korea in 24 years. Musk clarifies remarksElon Musk attempted to clarify his controversial remarks after advertisers threatened to leave X. Musk previously told advertisers to "go f--- yourself."
Persons: Hai Precision Industry —, Foxconn —, Australia's, Guzman Y Gomez, Vladimir Putin's, Putin, Kim Jong Un, CNBC's Holly Ellyatt, Elon Musk, Musk, Goldman Sachs Organizations: New York Stock Exchange, CNBC, People's Bank of China, CSI, Hai Precision Industry, Nikkei, of England, Cannes Lions Locations: New York City, China, Asia, Pacific, Seng, Taiwan, Russia, North Korea, Ukraine, Cannes, France, Europe
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