World: News on the World from CNBC

Republican presidential candidate, businessman Donald Trump, center, speaks as Republican presidential candidate, Sen. Marco Rubio, R-Fla., left and Ted Cruz, R-Texas look on during a Republican presidential primary debate at The University of Houston, Thursday, Feb. 25, 2016, in Houston. (AP Photo/David J. Phillip)

Here are the latest stories from around the World from CNBC.

China central bank cuts reserve requirement ratio
China’s central bank has cut the amount of assets the country’s banks have to hold in an attempt to calm investor jitters.

India’s unveils pro-poor budget, pledges reforms
Indian Finance Minister Arun Jaitley unveiled a budget for the poor on Monday, announcing new rural aid and health programs in a strategy shift.

JPMorgan traders sacked over compliance
JPMorgan Chase sacked two employees after they allegedly circumvented the bank’s compliance procedures, The Financial TImes reports.

Goldman: Why it’s wrong to be long the yen
The yen has surged since the BOJ shifted to a negative-rate policy in January, but Japan’s currency is set to weaken ahead, Goldman said.

Irish politics set for seismic shift
An inconclusive general election result has thrown Irish politics into disarray.

Ex-Deutsche exec Jain to join online lender SoFi
Anshu Jain, the former co-chief executive of Deutsche Bank, is to join SoFi as an adviser, The FT reports.

The G-20 puts spotlight on central banks
International policy coordination at this point will crucially depend on ample liquidity provisions by the Fed and the PBOC.

US shale to OPEC: Above $40, we are coming back
Less than a year ago major shale firms were saying they needed oil above $60 a barrel to produce more; now some say they will settle for far less.

Morgan Stanley slashes valuation of ‘India’s Amazon’
Some investors in India’s booming e-commerce industry are starting to curb their enthusiasm as valuations reach lofty levels.

He’s back! Yanis Varoufakis to advise UK politicians
The Greek Marxist economist and fiery former finance minister is going to help out a U.K. political party.

Amazon’s bringing fresh groceries to UK
Amazon has struck a deal with Morrisons to distribute the UK supermarket’s fresh and frozen products to the e-commerce giant’s Prime customers.

Ex-Malaysia PM Mahathir quits ruling party
Mahathir Mohamad believes the ruling United Malays National Organisation (UMNO) party is being seen as “supporting corruption” under PM Najib Razak.

Refugee crisis to lift European growth: Moscovici
Europe’s refugee crisis could boost sagging growth by forcing governments to boost spending, European Commissioner Pierre Moscovici told CNBC.

Poll: Which is the best buying opportunity?
In this week’s “Trader Poll,” we want to find out what you think is the best buying opportunity amid current volatility.

China to lay off 1.8M workers in coal, steel sectors
China expects to lay off 1.8 million workers in the coal and steel sectors, an official said on Monday.

Live: Chinese equities slump to 15-month lows
Squawk Box Live in Europe is eyeing market moves as Chinese stocks fall to levels not seen since late 2014.

‘Spotlight’ wins Oscar for Best Picture
Tom McCarthy’s film about the Boston Globe’s investigative reporting on sexual abuse by Roman Catholic priests won over the favored “The Revenant.”

Olam still upbeat on food despite 4Q loss
Olam posted a loss in Q4 due to a fair value loss on an investment although it remains upbeat on its core food business.

Japan’s factory output rises, retail sales fall
Some analysts think that the pickup in manufacturing activity might be temporary amid weak domestic and external demand.

Indian man kills 14 members of his own family
A man in India stabbed 14 members of his own family to death, including seven children, before hanging himself, police said.

SKorea FinMin: China will manage a soft landing
We’re not heading for another global financial crisis or even a hard landing in China, South Korea’s finance minister and deputy PM told CNBC.

Valeant says CEO will be back ‘immediately’
CEO Michael Pearson will return from medical leave, and the drugmaker will postpone the release of Q4 results planned for Monday.

Oil gains 1.4% in Asia amid signs of bottoming
Oil rose in early trading on Monday, with some indicators pointing to the possibility the market is showing signs of bottoming out.

Modi’s budget shift could disappoint investors
Narendra Modi wants the federal budget unveiled on Monday to appeal to India’s rural poor, officials familiar with his thinking said.

Is oil’s long winter of discontent finally over?
As the search for a bottom continues, the bulls appear to have the wind at their backs.

Starbucks to give Italy a shot … or two
Starbucks is taking its Americanized version of Italian coffees back to Italy, with its first outlet set to open in early 2017.

Beware: Depressing data dump ahead
There’s a data barrage out of Japan, Australia and South Korea, plus China’s official and Caixin PMI, and few commentators expect good news.

Asia markets trade higher, with Nikkei up 1.5%
Asia markets opened higher Monday, with Japan extending gains. But analysts expect rocky trading this week amid a deluge of economic data.

Online tax sites may fall short in security: Study
Forty-six percent of tax software websites in an IRS program don’t follow best practices for security and consumer protection.

Baghdad blast kills 70, ISIS claims responsibility
A twin suicide bombing claimed by Islamic State killed 70 people in a Shi’ite district of Baghdad.

Angola is trying to show there’s life after oil
Angola is hoping steel production can offset the impact of oil’s slide on its economy.

Meg Whitman blasts Christie’s Trump endorsement
Meg Whitman, who was Chris Christie’s finance co-chair, is blasting his endorsement of Donald Trump, NBC News reports.

Here’s how to play gold’s rebound: Technician
Ari Wald of Oppenheimer says gold has been the hottest trade this year, and he thinks the commodityis about to get even hotter.

This company grows by looking in your email
Paribus is looking out for consumers—by looking into their email.

How to milk a city travel pass for all its worth
Passes offer good discounts, but travelers need to do their homework to get the best deals.

Fed ‘boxed into a corner’ by whipsaw market: Pal
Raoul Pal of The Global Macro Investor explains why the Fed is paralyzed by the market.

Trump, Clinton favored ahead of Super Tuesday vote
Donald Trump and Hillary Clinton are leading in several Super Tuesday states, NBC News reports.

Disney mimics Uber, adopts surge pricing at parks
Tickets to Walt Disney World in Florida and Disneyland in California will cost more during holidays and some weekends, The NY Times reports.

Warren Buffett vigorously defends partner 3G Capital
Buffett acknowledged that while he and 3G “follow different paths” in running businesses, 3G has been “extraordinarily successful.”

Malaysia quells dissent over 1MDB sacndal: WSJ
Malaysia’s ruling party has suspended a senior official and is investigating a website that reported on the 1MDB scandal, The WSJ reports.

UK discovers economy not as big, to cut spending
The U.K. is facing new spending cuts as it turns out the economy is smaller than previously believed, the Financial Times reports.

Barclays set to exit African business
After a strategic review, the bank’s board decided that in principle it made strategic sense to get out of the continent, the FT reports.

Rubio releases tax returns to pile pressure on Trump
Marco Rubio’s released tax returns show his senator’s salary was bolstered by repeated windfalls from book deals.

Ron Paul: The Fed isn’t leveling with markets
Ron Paul wants to deliver a message to the market that he claims the Federal Reserve refuses to do itself.

Iran moderates prevail vs. hardliners in election
Early results of Iran’ s elections show moderates close to President Hassan Rouhani have gained the upper hand over hardliners, The FT reports.

Overwhelming win for Clinton in SC: NBC projection
Exit polls indicated that Clinton lost among whites, but she won 84 percent of black voters in the South Carolina Democratic primary.

Chances of OPEC freeze ‘very high’: Nigerian min.
Nigeria sees $50 oil as a possibility, a top official told CNBC, who predicts OPEC will agree to a production freeze.

Toys, where little means big business
Experts explain to CNBC why toys are going small, but reaping big dollars.

Are taxpayers hoarding their IRS refunds?
Taxpayers plan to save the cash they get back from the IRS instead of spending it.

This blingy smartwatch puts fashion over function
When is a smartwatch not really a smartwatch? When it’s a fashion statement.

Defunct ‘Trump University’ becomes line of attack
Trump University, now defunct, has come back to haunt Donald Trump’s candidacy, The NY Times reports.

Snapchat’s latest money maker: Its users
Snapchat is hoping a new user location feature will help boost its fortunes in the monetization game.

Berkshire Hathaway sees jump in profit in 2015
Warren Buffett’s conglomerate saw a jump in profit during 2015, the company said on Saturday in its annual letter to shareholders.

Buffett: Today’s generation ‘luckiest in history’
Perhaps the Oracle of Omaha should rename himself the Optimist of Omaha instead.

Lawyer: Apple being ‘conscripted’ into govt service
Two former government lawyers discuss the case of Apple vs. FBI, and one says Apple may be right.

Trump vs. Clinton: The election no one wants
Here’s why Trump and Clinton are poised to win even though most voters don’t like them or want them to be president, say two GOP strategists.

Kudlow: Why the middle class is angry
Essentially, the middle class hasn’t received a pay rise in the past 15 years. That’s why people are cranky and voting for change.

G-20 draft: Ultra-easy policy alone can’t help
The world’s top economies are set to declare that they need to look beyond ultra-low interest rates if the global economy is to recover.

Reformists leading in Iran parliament vote
Reformists and moderate conservatives were leading in parliamentary elections according to early results Saturday.

Yahoo’s long history of bad business moves
Yahoo’s core business is worth far less than the sum of its acquisitions over the years.

UFC skips PPV, picks streaming for Silva v. Bisping
UFC Fight Night 83 will only be available on its digital streaming platform, UFC Fight Pass.

March could come in like a bull but red flags wave
Key will be upcoming economic news, particularly the jobs report, which is the last big data ahead of the Fed’s March meeting.

Exit poll shows no clear majority in Irish polls
Ireland looked set to kick Prime Minister Enda Kenny’s coalition government out of office in an election on Friday, an exit poll showed.

Short sellers hitting energy at near-crisis levels
Short sellers are piling into energy stocks at a rate close to what banks were seeing during the financial crisis.

Buiter on Bullard: His Brexit view is superficial
The view by the St. Louis Fed’s James Bullard that a Brexit doesn’t matter to the U.S. is “superficial,” Citigroup’s Willem Buiter says.

Tom Lee: These factors point to higher stocks
Many things supportive of stocks are starting to show some improvement, says longtime bull Tom Lee.

To Brexit or Bremain, that is the question—analysis
The U.K. pound is set to end the week down more than 3 percent from when PM David Cameron set June 23 for the Brexit vote.

20 years after Pokemon, can Nintendo get mobile?
20 years after Nintendo launched its phenomenally successful Pokemon games, the group has yet to transition its famous gaming stars onto our smartphone screens.

Facebook’s Sandberg applauds Indian detergent ad
A new detergent advert addressing gender inequality has gone viral, even receiving the backing of Sheryl Sandberg.

How to make millions if oil doesn’t crater
One trader is trying to capitalize on the recent strength in oil with an options strategy that could pay more than $1 million.

Currency war will be our reality: Citi’s Buiter
The world is leaderless and will remain dependent on beggar-thy-neighbor currency devaluations, Willem Buiter says.

Gianni Infantino elected FIFA president
Gianni Infantino was elected the new president of embattled soccer governing body FIFA.

Apple’s Cook second most favorable tech CEO: Poll
Apple CEO Tim Cook holds the second-highest approval rating of tech CEOs in a poll of registered voters released Friday.

Belgium charges UBS with money laundering, fraud
A Belgian judge has charged Swiss bank UBS with money laundering and serious and organised tax fraud, Brussels prosecutors said in a statement.

The chart that shows ‘America HAD talent’
Concerned investors mulling over the possibility of an oncoming U.S. recession look away now.

Facebook slams staff for defacing ‘Black Lives Matter’
Facebook has rebuked his staff for crossing out “Black Lives Matter” slogans.

Lands’ End apologizes for Gloria Steinem feature
Lands’ End has issued an apology to customers after it featured a leading feminist in their Spring catalog.

Ships are skipping the Suez Canal thanks to oil
The price of oil is allowing cargo vessels to avoid the Suez and Panama canal tariffs and take the long way round Africa instead.

‘Holy grail’ Beatles item up for auction
A rare and significant early Beatles record is expected to fetch at least £10,000 ($13,956) at auction next month.

US fourth-quarter growth revised up to 1 percent
Growth slowed in the fourth quarter, but not as sharply as initially thought, with businesses less aggressive in their efforts to reduce inventory.

19 hottest bits of tech you’ll see this year
This year’s Mobile World Congress (MWC) proved no disappointment with the likes of Samsung to Xiaomi making a splash.

How Kim Jong Un bankrolls his nuclear ambitions
Following a fourth nuclear test and long-range rocket launch, North Korean human rights is facing tighter sanctions.

Chinese accounting is ‘highly questionable’: Strategist
One strategist claims Chinese businesses are using “accounting trickery” to mask underlying credit problems.

Oil gains ease after Brent hits $37 on short covering
Crude prices rose on Friday as traders closed short positions and strong U.S. gasoline demand supported the market.

World Bank chief hails China reform
The head of the World Bank says he’s “very impressed” with China’s reform plans, playing down concerns over the economic slowdown has been managed.

After Blatter, who’s set to net soccer’s top job?
Soccer’s scandal-hit governing body FIFA will hope to move on this week when it holds the election of a new president.

Here’s why your IT team could be holding you back
It’s time to innovate. Time to turn the tables on these young, agile organizations and deliver the new digital services your customers are demanding.

BOE Carney: Don’t blame central banks for weak growth
The BOE’s governor has defended central banks’ stimulus plans, saying the lack of structural reforms has hurt global growth.

Fed may skip 2016 rate hike: Indonesia fin min
The U.S. dollar’s appreciation could force the Federal Reserve to moderate and even pause its tightening cycle this year, Indonesia’s finance minister told CNBC on Friday.

RBS reports eighth full-year loss in a row
State-backed bank reports its eighth straight full-year loss of 1.97 billion pounds ($2.75 billion).

IAG 2015 profit takes off thanks to low oil price

Italy FinMin slams Schaeuble global view
A rift appears to be growing between Germany and a leading European Central Bank policymaker.

Deutsche Bank: It’s time to buy gold
Gold is still expensive, but rising economic risks and market turmoil mean investors should buy it for insurance, Deutsche Bank said Friday.

German FinMin opposes G20 fiscal stimulus package
Wolfgang Schaeuble said that the expansive fiscal and monetary policies to spur growth may have laid the foundation of the next economic crisis.

Hank Paulson: China needs to let companies fail
Former Treasury Secretary Paulson, who oversaw bank bailouts in the financial crisis, has different advice for China: Let companies fail.

Noble flags refinancing on track despite losses
Noble Group expects to refinance its debt early, after reporting its first annual loss in nearly 20 years on Thursday, battered by weak coal prices.

Live: China tries to calm fears as G20 meets
Squawk Box Live in Europe is tracking market moves as finance ministers gather at the G20 in Shanghai.

This is where the PBOC wants you to invest
Amid ongoing volatility in Chinese and global markets, the People’s Bank of China is urging investors to play a greater role in green financing.

How world’s fastest-growing economy will spend its cash
Budgeting in a massive economy like India is no easy feat, but this year’s task is especially tough for finance minister Arun Jaitley.

SGX in talks to buy London’s Baltic Exchange
The Singapore Exchange has put in a bid to buy the Baltic Exchange, months after the LME made an approach to buy the storied London exchange.

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