World

ECB’s Centeno ‘very concerned’ about Europe’s struggling economy

Europe’s struggling economy has economists worried — and senior European Central Bank policymaker Mário Centeno, echoes that view. “I am very concerned about the European economy,” Centeno, who is also governor of the Bank of Portugal, told CNBC’s “Squawk Box Europe” on Friday. On Thursday, the ECB revised its gross domestic product expectations for the euro area to 0.9% growth …

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China’s exports grew 2.3% on year in Jan-Feb, well short of estimates

A general view of the container terminal in Qianwan of Qingdao Port, a port in Shandong Province, China, March 17, 2023.  CFOTO | Future Publishing | Getty Images China’s exports growth slowed more than expected at the start of the year while imports plunged, as lackluster domestic demand and U.S. tariffs challenge Beijing’s bid to bolster sluggish growth. Exports in …

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More tariff pauses — but Nasdaq enters correction

U.S. President Donald Trump speaks in the Oval Office, on the day he signs executive orders, at the White House in Washington, D.C., U.S. March 6, 2025.  Evelyn Hockstein | Reuters U.S. President Donald Trump expanded his tariff pause to goods coming in from Canada and Mexico, so long as they satisfy terms of the United States-Mexico-Canada Agreement, a trade …

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Japan AI unicorn Preferred Networks has big plans in trucking, robots

Toru Nishikawa (right), co-founder and chief executive officer of Preferred Networks, and Daisuke Okanohara, co-founder and chief executive researcher, with a Fanuc Corp. robotic arm at their company’s headquarters in Tokyo, Japan, March 16, 2018. Bloomberg | Bloomberg | Getty Images Preferred Networks is a little-known name outside of Japan, but the Toyota-backed artificial intelligence unicorn has big plans to use …

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Cryptocurrencies fall after Trump officially establishes U.S. bitcoin reserve

Jakub Porzycki | Nurphoto | Getty Images Cryptocurrencies fell Thursday night after President Donald Trump signed an executive order creating a strategic bitcoin reserve for the United States and, separately, a “digital asset stockpile.” The price of bitcoin was last lower by 3% at $87,586.86, according to Coin Metrics. Shortly after the news broke, it fell to as low as …

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