Christine Lagarde: ‘I’m neither a dove nor a hawk’The European Central Bank’s new president said she aims to instead be an “owl.”

Christine Lagarde is speaking in Frankfurt, Germany, for her first press conference as president of the European Central Bank. The former International Monetary Fund chief took the helm at the euro zone’s top financial institution last month. Analysts say she will also likely need to mend divisions at the bank over its recent policy measures under former President Mario Draghi. Global central banks have been easing mode this year, as the headwinds of U.S.-China trade tensions and signs of econom

Workers extracting oil from oil wells in the Permian Basin in Midland, Texas on May 1, 2018. The International Energy Agency (IEA) believes the U.S. is on track to become a sustained net oil exporter in either late 2020 or early 2021, after briefly achieving this “major milestone” earlier in the year. In September, the U.S. exported 89,000 barrels per day (b/d) more petroleum (crude oil and other petroleum products) than it imported, according to official data published earlier this month. “On a

UK voters hit polls to decide who will end Brexit stalemate9 Hours AgoVoters across the U.K. are heading to the polls Thursday for a general election that is likely to shape the country not just for the next four years, but for decades to come. The election is being seen as a vote on Brexit. The snap vote was called by the government led by Prime Minister Boris Johnson because of a parliamentary impasse over the Brexit deal he had negotiated with the EU.

As more industries look to increase their technological innovation, it seems fitting that one of the fastest-growing job roles is in artificial intelligence. Other skills unique to this role include knowledge of machine-learning platform TensorFlow and of programming language, such as Python, the report noted. In France, it was the second fastest-growing role, while landing in fourth place in Italy. Previous positions for a data protection officer would include a compliance officer, data manager

But a digital marketing agency in the North West of England has taken a more flexible approach by letting staff work from home if they’re feeling a little fragile. In fact, the Audit Lab, based in Bolton, Lancashire, has a year-round “hangover day” policy, as first reported by the BBC. Crompton said she and Frame wanted to create a company with a variety of perks for different employees but realized many benefits lent themselves particularly to working parents. By implementing “hangover days” in

How the UK general election could shake marketsCNBC’s Willem Marx reports on the UK election. With Mike Wilson, Morgan Stanley, CNBC’s Brian Sullivan and the Fast Money traders, Tim Seymour, Chris Verrone, Dan Nathan and Guy Adami.

Conservative Party set to win overwhelming majority in UKDiscussing the UK conservatives’ big win. With CNBC’s Brian Sullivan and the Fast Money traders, Tim Seymour, Chris Verrone, Dan Nathan and Guy Adami.

The solar market in the U.S. added 2.6 gigawatts of solar photovoltaics in the third quarter of 2019, with total solar capacity — which includes both photovoltaic and concentrating solar power — hitting 71.3 GW, according to a new report. Solar Market Insight Report from Wood Mackenzie Power & Renewables and the Solar Energy Industries Association (SEIA). Breaking the figures down, the third quarter saw the U.S. residential market install 712 megawatts (MW) of solar. To put things in perspective

Shares of Saudi Aramco surged on their second day of public trading, pushing the kingdom’s record IPO to a gargantuan $2 trillion valuation and briefly touching Crown Prince Mohammed bin Salman’s long-held target for the company. Share rose 10% to 38.7 riyals apiece ($10.32) but slipped back to 37 riyals within minutes of the market open. The figure, nearly $1 trillion higher than the world’s next-largest public companies Microsoft and Apple, was long ridiculed and regarded with disbelief by muc

Chinese consumers are cooling on the iPhone, according to a new report by Credit Suisse analysts. The analysts said Chinese iPhone sales declined 10.3% year over year in October, making this the second straight month of double-digit percentage drops. Since the launch of the iPhone 11 family, total shipments in China are down 7.4% compared with last year, the analysts said, adding that “we estimate China iPhone revenue fell by >17.5% y/y over the past three months (Sept-Nov).” Apple analysts were

American Airlines on Thursday pulled the Boeing 737 Max from its schedules until April 7, making it more than a full year since the grounding before it expects to fly the planes again. Regulators grounded the plane after two fatal crashes in a span of five months killed 346 people. American now has the plane out of its schedule later than any other airline, a sign of constant uncertainty about when regulators will allow the jets to fly again. Airlines that have the Max planes in their fleet, whi

Saudi state-owned oil giant Saudi Aramco is set to become a “polarizing stock,” with analysts flagging corporate governance as a key risk for investors. Quite a polarizing stock, frankly. Saudi Aramco, the world’s largest initial public offering (IPO), debuted on the country’s stock exchange on Wednesday morning. Quite a polarizing stock, frankly. Geopolitical risks include instability in the region, with Molchanov flagging the attacks on Saudi Aramco oil facilities in September that shut down h

While I was born in the United States and raised in an English-speaking household, some Korean words were impossible to escape. Nunchi in a negotiationTake Thea, for example: Thea met with her boss to ask for a salary increase. An experienced negotiator might tell Thea to find out what range her boss has in mind before they start talking numbers. So Thea sat down with him and simply said, “I’d like to discuss a pay raise to accompany my recent promotion.” And because her boss had shown his hand,

9, the inland Wagga Beach stands out on the list, as it’s located 170 miles from the nearest coastline. Selecting it for the annual list of Australia’s best beaches, opens a Pandora’s box, said Tourism Australia’s beach ambassador Brad Farmer. Wagga Beach is in the New South Wales town of Wagga Wagga. Brad Farmer Tourism Australia’s beach ambassadorAfter his visit to Wagga Beach, Farmer was also surprised by what he found in the vicinity. Cycling is popular around Wagga Wagga.

Dubai property magnate Hussain Sajwani has repeated calls for an immediate halt to construction, warning the city faces “disaster” if oversupply continues. “Nothing has changed,” Sajwani told a CNBC-moderated panel at the Salt Conference in Abu Dhabi on Wednesday. “The glut of supply we have, or we are going to have, will have an impact on the market.” Dubai’s real estate market, a crucial component of its economy, is feeling the pain. “I think there is a demand for at least 15,000-25,000 units

Here’s what’s going on: The new software includes a new Communication Limits option that lets parents control who their kids can talk to. It’s supposed to let parents block their children from contacting anyone who isn’t in their address book. After the kid adds the number to the address book, they can call, FaceTime or text that number. Children can’t manually go into their address book and add a new one without the parent’s PIN. In some instances, for example, contacts in the address book are

Stocks jumped on Thursday as sources tell CNBC a so-called phase one trade deal between the U.S. and China has been agreed to in principle. The S&P 500 gained 0.9% to end the day at 3,168.57, notching a record close. U.S. negotiators have the terms of the deal ready for President Donald Trump’s review. Trump said in a tweet earlier in the day both sides were getting “VERY close to a BIG DEAL with China.” He noted that weekly inflows into equity ETFs have ranged between $6 billion and $8 billion

It then identified the skills typically required for each role and in which cities the greatest number of jobs were concentrated. Here are India’s top 15 emerging jobs of 2020, the skills they require and where the most jobs are, according to LinkedIn. Top industries hiring for this role: Information technology and services, computer software, internet, marketing and advertising, financial services. Top industries hiring for this role: Information technology and services, computer software, inte

China tried to get World Bank loans to fund facial recognition technology for the purpose of using it in the Chinese region of Xinjiang, according to a report by news website Axios on Wednesday. The country reportedly wanted to tap on a World Bank loan program in Xinjiang, where Beijing has been widely condemned for human rights abuses and deep surveillance on Muslim minority groups. The Chinese asked for funding to buy facial recognition and night vision cameras, and other surveillance technolo