Chip machine maker ASML will grow into a $500 billion business next year, tech investors predict

ASML Holding Semiconductor company logo seen displayed on smart phone. ASML is a Dutch company and currently the largest supplier in the world of photolithography systems for the semiconductor industry. ( SOPA Images | LightRocket | Getty Images LONDON – ASML, a Dutch firm that makes high-tech machines used in semiconductor manufacturing, will see its … Read more

As the U.K. battles food, fuel and labor crises, Boris Johnson is set to promise change

Prime Minister Boris Johnson visits the Network Rail Queens Road Compound on October 4, 2021 in Manchester, England. WPA Pool | Getty Images News | Getty Images LONDON — U.K. Prime Minister Boris Johnson is set to promise changes to the direction that the U.K. economy is traveling in, outlining plans on Wednesday for the … Read more

These people moved to their dream destinations during the pandemic — here’s what life is like 1 year later

For many, 2020 will be remembered as a year they spent at home. Others took a different path. They packed their bags and moved to places that many only dream of visiting. Here’s how they feel about their decision one year on, in their own words. From Boston to Napa Valley, California Name: Ian O’ReillyOccupation: … Read more

‘We need to talk to China,’ Europe’s climate chief says ahead of COP26

LONDON — International leaders need to talk to China and convince the nation to implement concrete steps toward de-carbonization, the EU’s climate chief told CNBC Tuesday ahead the COP26 climate summit in November. China announced earlier this month that it would stop building new coal-fired power projects overseas. The nation has also said that it … Read more

Brits using Uber and other taxi apps face long wait times and fare hikes amid a driver shortage

In this photo illustration the Uber logo is displayed on a phone in front of Tower Bridge on November 25, 2019 in London, England. Peter Summers | Getty Images LONDON — Hailing a ride on apps like Uber and Bolt is now almost impossible at certain times of the day in parts of the U.K. … Read more

‘A stab in the back’: France rebukes Australia after it ditches submarine deal

PARIS, FRANCE – JUNE 15: French President Emmanuel Macron (R) welcomes Australian Prime Minister, Scott Morrison (L) prior to a working dinner at the Elysee Presidential Palace on June 15, 2021. Chesnot | Getty Images News | Getty Images LONDON — France is not holding back showing its disappointment with Australia after it abruptly ended … Read more

‘Stagflation’ is the greatest threat to Europe’s recovery, warns ex-Italian PM Monti

Former Italian Prime Minister Mario Monti told CNBC Saturday that he believes the greatest threat to Europe’s economic recovery from the coronavirus pandemic is “stagflation.” Monti, now the president of Italy’s Bocconi University, said the “huge mass” of accommodative monetary policy by central banks and fiscal stimulus from governments, implemented to support economies amid the … Read more

A political crisis in Italy is ‘always next door,’ Ambrosetti CEO says

Italy Prime Minister Mario Draghi. FILIPPO MONTEFORTE | AFP | Getty Images LONDON — Italy is currently enjoying a “window of stability,” according to the head of the European House Ambrosetti Forum, despite the ever-present risk of a political crisis in the country. Speaking to CNBC on the sidelines of the forum Thursday, Valerio De … Read more

European Central Bank to announce tapering in December, analysts say

European Central Bank President Christine Lagarde during the live streaming of a press conference following the ECB’s governing council meeting. Xinhua News Agency | Xinhua News Agency | Getty Images LONDON — The European Central Bank will announce the reduction of its Covid-related stimulus in December, four analysts told CNBC amid an economic improvement in … Read more

UK reports ‘high threat’ of terrorist attack at Kabul airport; U.S. urges people to stay away

People who want to flee the country continue to wait around Hamid Karzai International Airport in Kabul, Afghanistan on August 25, 2021. Anadolu Agency | Anadolu Agency | Getty Images LONDON — Officials from the U.K. have warned of a “highly credible” threat of an attack at Kabul airport by Islamic State militants. It comes … Read more