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Politics
France’s Macron has damaged his legacy in France, and Europe
French President Emmanuel Macron on a campaign poster back in 2022.Sebastien Salom-gomis | Afp | Getty ImagesFrench President Emmanuel Macron's failed snap election gamble is likely to take a large toll on his political ambitions and…
Biden faces crucial test at upcoming NATO summit, former diplomat says
The stakes are high for the NATO alliance as the organization's 75th anniversary summit gets underway in Washington this week.Particular focus will be on U.S. President Joe Biden amid widespread concerns about his age and mental fitness…
Barcelona residents squirt travelers with water to protest overtourism
Mass tourism troubles hit fever pitch in Barcelona on Saturday as protesters threw items and sprayed travelers with water guns and canned drinks, while shouting "tourists go home."The protesters — angry about the city's long-standing…
BP expects up to $2 billion impairment in 2Q on weak refining margins
BP in 2020 set out its ambition to become a net zero company "by 2050 or sooner."Matt Cardy | Getty Images News | Getty ImagesBP shares dropped on Tuesday after the firm flagged it expects to post an impairment of up to $2 billion in the…
Iran’s new reformist president Masoud Pezeshkian faces steep challenges
Newly-elected Iranian President Masoud Pezeshkian visits to the shrine of the Islamic Republic's founder Ayatollah Ruhollah Khomeini in Tehran, Iran on July 06, 2024.Fatemeh Bahrami | Anadolu | Getty ImagesIran on Friday elected its…
Japan and the Philippines sign landmark defense deal to counter China
Japan's Prime Minister Fumio Kishida (R) greets Philippines' President Ferdinand Marcos Jr. during their bilateral meeting, on the sidelines of the ASEAN-Japan Summit, at the prime minister's official residence in Tokyo on December 17,…
Why theater owners are worried
The Paramount Studios in Los Angeles on April 29, 2024.Eric Thayer | Bloomberg | Getty ImagesMore consolidation, more problems — that's the latest fear gripping the theatrical industry.After a monthslong negotiation process, Paramount…
San Francisco’s real estate slide continues as office vacancies peak
Artificial intelligence has been a big boon for San Francisco real estate. But not enough of one to make up for the broader struggle across the market.The vacancy rate for San Francisco office space reached a fresh record of 34.5% in the…
CNBC Daily Open: Are markets overly optimistic?
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 1, 2023.Brendan Mcdermid | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings…
Chance of Biden dropping out of presidental race is 40%, Stifel says
There's a 40% chance President Joe Biden will not seek reelection, according to Stifel.Brian Gardner, the firm's chief Washington policy strategist, is out with a research note that calls it a "make or break week" for the president's…