BENGALURU, India — For years, renewable projects in India have been growing steadily, from small-town rooftop solar installations to large-scale projects across the desert and long stretches of wind turbines and solar panels on farmland all contributing to the country’s climate goal of transitioning to clean energy. But a mix of policy decisions, politics and … Read more
By Nicoco Chan SHANGHAI (Reuters) – Victor Li is determined to get married soon, but like many other young Chinese grappling with an uncertain economic outlook, the well-heeled Shanghai entrepreneur isn’t sure he can afford to. “It’s very expensive for us to get married, especially in a big city like Shanghai,” the 32-year-old said, as … Read more
A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our new, international … Read more
A LVMH Moet Hennessy Louis Vuitton SE store in Shanghai, China on Wednesday, June 14, 2023. Bloomberg | Bloomberg | Getty Images Shares of LVMH dropped to their lowest level of the year on Wednesday morning, after the company reported a slowdown in revenue growth that was below expectations. The stock was down 6% at … Read more