Tensions between the world's two largest economies have escalated over the last several years.Florence Lo | ReutersBEIJING — China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses' calls for more concrete actions.On Feb. 19, authorities published a "2025 action plan for stabilizing foreign investment" to make...
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Germany’s election will usher in new leadership — but might not turn tides for the country’s struggling economy
Production at the VW plant in Emden.Sina Schuldt | Picture Alliance | Getty ImagesThe struggling German economy has been a major talking point among critics of Chancellor Olaf Scholz' government during the latest election campaign — but analysts warn a new leadership might not turn these tides.As voters prepare to...
Trump is ‘not happy’ with Boeing over Air Force One delays, but airlines are growing upbeat
Boeing 737s on the ground in Renton, Washington.Leslie Josephs | CNBCPresident Donald Trump expressed frustration in recent days about the long wait for a pair of Boeing 747s that will serve as the new Air Force One planes.The jets are years behind schedule. Trump negotiated the $4 billion contract for...
Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown
The Royal Caribbean cruise ship 'Explorer of the Sea'.Getty ImagesShares of cruise lines tumbled Thursday after Commerce Secretary Howard Lutnick suggested the Trump administration would crack down on taxes paid by the companies."You ever see a cruise ship with an American flag on the back?" Lutnick said in an appearance...
GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says
GameStop Chairman Ryan Cohen.CNBCGameStop CEO and billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba to roughly 7 million shares worth about $1 billion, The Wall Street Journal reported Thursday.Citing people familiar with the matter, the Journal said the sizable stake in Alibaba is a...