The professional bodies representing traders, the Association for Financial Markets in Europe (AFME) and the Investment Association (IA), have asked European exchanges to shorten trading hours by 90 minutes. Both the AFME and the IA argued a culture of long hours impacted traders’ mental health and wellbeing. She warned European trading risked lagging behind its global peers in terms of diversity and inclusion unless long hours were “tackled by an industry-wide approach.” While she acknowledged

Women working in Silicon Valley start-ups own just a quarter of the equity of their male colleagues, according to a report by software platform Carta. The report highlighted that both female start-up founders and employees owned just 26 cents of equity for every dollar held by men. Women made up a third of the participants in the study but held just 11% of the total equity wealth. Just one in eight start-up CEOs are women and the most highly compensated executive roles continued to be dominated

A 2019 report from iCIMS, a recruitment software provider, says app software developers are the most sought-after tech workers, making up nearly one-third of all tech openings. In some of the most competitive markets for tech, software engineers of varying specialties easily earn upwards of $150,000, according to data from Hired, a tech recruitment platform. Rishon Blumberg is co-founder of 10x Ascend, a company that negotiates compensation packages on behalf of senior tech leaders. Beyond pay,

There’s a lot of talk of “maxing your match” and don’t leave “free money on the table.” But most of the time, these advisors don’t mention the fine print: You don’t “own” the money contributed by your employer until you’re fully vested. If you were to leave the job after one year, you wouldn’t get any of the money that the employer invested in your 401(k). After two years, if you’re 20% vested, you would get $600, plus 20% of any investment returns that money earned. “Your vesting schedule appli

More than 11 years ago, former Major League Baseball star Alex Rodriguez told CNBC’s Becky Quick he would rather be on the cover of Fortune magazine than Sports Illustrated. And since retiring from the New York Yankees and professional baseball in 2016, A-Rod has been busy focusing on his multiple businesses. “I work so much harder at my business than I did at baseball because I don’t have the competitive advantage,” Rodriguez told Quick on CNBC’s “Squawk Box” on Wednesday. In 2008, Rodriguez fo

President Donald J. Trump and Attorney General William Barr depart after delivering remarks on citizenship and the census in the Rose Garden at the White House on Thursday, July 11th, 2019 in Washington, DC. President Donald Trump on Thursday slammed a report from The Washington Post that said he had asked Attorney General William Barr to hold a news conference defending his controversial call with Ukrainian President Volodymyr Zelensky. The Post reports that Barr decided not to hold the presser

Sen. Bernie Sanders would revamp North American trade relationships and expand protections for workers as part of a sweeping new immigration plan. The senator’s proposal ties trade and labor rights to immigration at a time when trade stands at the top of Trump’s economic agenda. Sanders also says his signature universal health-care plan, “Medicare for All,” would “provide comprehensive care to everyone in America,” regardless of immigration status. Democrats seeking the presidential nomination h

As internet rollout continues to gain pace in developing countries, experts have warned that it could risk perpetuating and even exacerbating existing gender inequalities. New research from the International Telecommunication Union, which is a United Nations specialized agency, found that despite rising global internet penetration, a subsequent digital gender gap could potentially hinder women’s access to education, healthcare and other government services. The digital gender gap is defined as t

China has officially launched research and development work for 6G mobile networks, having only just rolled out 5G. One group will consist of relevant government departments responsible for promoting how 6G research and development will be carried out. 5G refers to next-generation mobile networks that offer super-fast data speeds that promise to support technologies like driverless cars and virtual reality. China turned on its 5G networks earlier this month ahead of an initial 2020 schedule. To

Nielsen, the media research firm famous for its TV ratings, on Thursday, announced plans to split into two independent publicly traded companies. The company said it would spin off its Global Connect business from its Global Media unit. “Both the Global Media and Global Connect businesses are independently essential to the industries they serve, but each business has unique dynamics,” CEO David Kenny said in a statement. Following the separation, Kenny will stay on as chief executive of the Glob

US stock futures rise as China says tariffs will be canceled in phases53 Mins AgoU.S. stock index futures turned sharply higher Thursday morning, after China said the world’s two largest economies had agreed to remove existing trade tariffs. CNBC’s Frank Holland reports.

The unemployment claims report, expected at 8:30 a.m. ET Thursday, is expected to show that 215,000 workers filed for unemployment claims last week, down slight;y from 218,000 the week earlier, according to Dow Jones. LaVorgna, who is chief economist Americas, said along with the unemployment rate, it is critical to watch claims. “In the past you always had to worry about a 50 basis point rise in the unemployment rate, off its lows…That was always a recession signal,” he said. The unemployment

Luxury British carmaker Aston Martin swung to a third-quarter loss on Thursday, saying its full-year wholesale volumes would be lower than previously guided after slumping demand in Europe and Asia. Aston, based in Gaydon near Birmingham, posted a £13.5 million loss in the three months to the end of September, but said it still expects to meet market expectations of core earnings at around £203 million ($261 million). On Thursday, however, shares recovered slightly, up 7% to 446p at 0903 GMT. “O

A huge wind turbine blade measuring 107-meters long has been transported to a facility in Massachusetts for testing. The blade is designed to be used on GE Renewable Energy’s Haliade-X 12MW offshore wind turbine. The company has repeatedly described it as “the world’s largest offshore wind turbine” and says that one turbine will be able to power more than 5,000 U.S. homes. The country’s first offshore wind farm, the five turbine, 30 MW Block Island Wind Farm off Rhode island, only commenced comm

DUBAI — Emirates airline reported a massive comeback in its half-year earnings Thursday with a 282% jump in profits to 862 million dirhams ($235 million), thanks in part to lower fuel prices. The airline carried 7.9% more passengers to Dubai compared to a year ago, an Emirates Group press release said Thursday. Revenue for 2019-2020 half year performance was down 3% to 47.3 billion dirhams. Emirates Group, which includes the airline and other bodies like airports services provider Dnata, saw pro

The EU slashed its growth forecasts for the euro zone Thursday, saying global trade tensions are set to weigh on the region and limit economic expansion. The warning from the EU’s executive arm, the European Commission, comes at time when the European Central Bank (ECB) has started a new round of stimulus to prop up fragile growth. “Most importantly, the surge in trade tensions and record-high uncertainty about trade policies is likely to have inflicted lasting damage to world trade,” the Commis

Spain is unlikely to end seven months of political uncertainty with an upcoming election Sunday, analysts told CNBC. Acting Prime Minister Pedro Sanchez won a general election in April but failed to build a parliamentary majority to back his government. After months of failed negotiations between Sanchez’s Socialist Party and other political groups, the Spanish King called for a new vote to be held November 10. The latest polls give 27% of support to Sanchez’s Socialist Party, followed by the pr

The Bank of England (BOE) held interest rates steady on Thursday, opting not to adjust borrowing costs in the world’s fifth-largest economy ahead of a snap election. Seven policymakers, including Carney, voted in favor of leaving interest rates unchanged, but Jonathan Haskel and Michael Saunders surprised financial markets by voting for a quarter-point rate cut. Much has changed in British politics since the MPC last voted to leave interest rates unchanged in mid-September. Economists believe th

The U.K.’s political parties are in full campaign mode ahead of a snap election on December 12. The vote comes amid continuing uncertainty over Brexit, with a deal yet to be approved by the British Parliament. On Wednesday night, U.K. Prime Minister Boris Johnson launched the Conservative Party’s campaign, telling party supporters in Birmingham that Parliament was “paralyzed” over Brexit and that the Withdrawal Agreement (the formal name for the Brexit divorce deal) “delivers everything I campai

European shares traded higher Thursday morning, having touched a four-year high early in the session after China said the world’s two largest economies had agreed to cancel additional tariffs imposed in their months-long trade war. Commerce ministry spokesman Gao Feng said that the cancellation would be important for the two sides to reach a “phase one” trade deal, Reuters reported. Sources told Reuters on Wednesday that the signing of the long-awaited “phase one” deal could be delayed until Dec