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French cheese lined up in a store in Paris. Bertrand Guay | AFP | Getty ImagesChina announced on Monday that it would impose tariffs of up to 42.7% on European Union dairy products following the results of an anti-subsidy investigation launched in August 2024. China’s Ministry of Commerce said in a statement that EU dairy subsidies are causing “serious harm” to China’s domestic dairy industry. The ministry said the tariffs will come into effect on December 23, and the tax rate will be determined by the amount of the “ad valorem subsidy rate” from the Tariff Commission.Commerce Department officials said…

The Wall Street and Broad Street signs of the New York Stock Exchange Building are seen decorated for Christmas in the Financial District in New York City, USA, on December 16, 2020.Teyfan Coskun | Anadolu Agency | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five important things investors need to know to start their trading day.1. Has Santa Claus come?Technology stocks ended last week with a rebound that helped ease recent concerns over artificial intelligence trade. The question here is whether Santa is coming to town — and in this…

Copenhagen has condemned Jeff Landry’s statements on territorial annexation as “totally unacceptable”.Published December 22, 2025December 22, 2025Click here to share on social mediaShare 2shareDenmark has summoned the US ambassador after President Donald Trump appointed a special envoy to Greenland.Denmark’s Foreign Minister Lars Lokke Rasmussen said on Monday that he was “deeply angered” by President Trump’s appointment of Louisiana Governor Jeff Landry as special envoy to Denmark, which he has repeatedly threatened to annex.Recommended stories list of 3 itemsend of listMr. Rasmussen said he was particularly perturbed by Mr. Landry’s comments upon accepting the appointment praising his plan to “make Greenland…

Russian President Vladimir Putin’s annual marathon press conferences might best be summed up as a combination of a city board meeting and a geopolitical talkfest. The Kremlin leader is making sweeping declarations about the current world order, interjected with minor questions from local journalists about the quality of the Komi Republic’s roads. But this year’s in-person event comes on the heels of Europe injecting a $105 billion lifeline to Ukraine in the form of interest-free loans to keep Kiev in the fight against Moscow. Although Brussels failed to pass a controversial proposal to divert billions of dollars of Russia’s frozen…

Arsenal Image: Arsenal have no plans to make major additions in January Arsenal are likely to be quiet in January after a busy summer as they feel the squad is capable of winning the Premier League title. A number of players are still to return from injury, including Gabriel and Kai Havertz. Mikel Arteta has always said they will keep their eyes open for unique market opportunities – elite players or longer-term targets. However, it is accepted deals of that magnitude are usually rare in the January window. Arsenal are always looking at the European market for young players with…

Reindeer herders are suffering from a sharp rise in attacks by wolves. Upgrade to see the full report. Kuusamo, Finland — “These are Santa’s reindeer. But we’re really lucky because Santa only needs reindeer one day a year. So we get to fly them 364 days a year.” It’s a well-rehearsed line. Juha Kujala has said these words many times over the years. He tells the story with a smile, even to a small audience visited by a reporting team from CNN. But recently, Kujara’s reindeer herd has been exposed to unusual danger. Almost every day, he encounters dead reindeer.…

LONDON — European markets fell into negative territory on Monday, as last week’s positive momentum faded.pan-european Stocks 600 Shares were down 0.2% as of 9:15 a.m. ET in London.This follows a record-breaking previous session when the European benchmark index hit an intraday high of 588.07 points as investors digested a series of interest rate decisions.Shares of French biotech companies Abibax The company has been one of Europe’s best-performing stocks this year and continues to attract investors’ attention, rising 8.6%. Avivax declined to comment on Monday when contacted by CNBC about rumors of a possible acquisition by a major U.S. company.…

After securing a spot in the third round, Luke Littler reveals his cheeky pre-tournament predictions for Mensur Suljovic.Littler survived the battle with David Davis, but the 3-0 scoreline was not an accurate reflection of the Welshman’s strong performance. But Littler stepped up his game for the post-Christmas stage and showed why he is world No1 and reigning champion. Use Chrome Browser for a more accessible video player Mensur Suljovic defeated Joe Cullen in the second round of the World Championship, but Rockstar was not happy with the Austrian player Suljovic, on the other hand, fought his way through a heated…

Gold and silver prices rose to new highs on Monday.Gold last traded at a record value of $4,445.8 per ounce, while spot gold traded at $4,414.99. Prices have increased nearly 70% since the beginning of the year.The metal has soared this year, setting consecutive price records as risk assets lose ground. Gold is typically considered a safe asset in times of economic or geopolitical turmoil. Silver is typically pegged to gold and last traded at $68.96 per ounce, while spot silver was $68.98. Prices have increased 128% since the beginning of the year.In the US, US-listed stocks of gold and…

A dangerous storm from the Pacific Ocean is pounding Northern California and the Sierra Nevada mountains, causing widespread flooding and road closures in parts of the region during the busy holiday season. At least one person was killed after flash flooding flooded Redding, about 240 miles north of Sacramento, and police and firefighters conducted a water rescue Sunday, Redding Mayor Mike Littau said. The mayor did not provide details on the deaths, nor did authorities say how many water rescues were carried out. Shasta County, where Redding is located, was particularly hard hit Sunday night, with heavy rain flooding several…