In a series of tweets, the president addressed an unusual controversy stemming from a speech Thursday that New York Fed President John Williams delivered.Marketsread more
Four members of the House Armed Services Committee, including ranking member Mac Thornberry, R-T.X., said moving forward with the contract was critical to U.S. national...Technologyread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
Walmart is making further organizational changes to further integrate its store and digital operations and leadership, according to a memo obtained by CNBC that was sent by...Retailread more
George Nader helped arrange a January 2017 meeting in the Seychelles between Erik Prince and the head of Russia's sovereign wealth fund, who reported directly to Vladimir...Politicsread more
"I'm not hearing people blame the Fed as much as they're blaming tariffs," says CNBC's Jim Cramer.US Economyread more
Earlier, Williams said in a speech that "it's better to take preventative measures than to wait for disaster to unfold."The Fedread more
Gold has been on fire this year and some investors think it is poised to do something it has only done twice since World War II.Marketsread more
The University of Michigan's preliminary print on its consumer sentiment index ticked up to 98.4, from 98.2 in June. Economists polled by Refinitiv expected the preliminary...Economyread more
The mega-cap tech stocks that have led much of the record-long bull run have started to lose steam, but investors are still giving them the benefit of the doubt.Marketsread more
Houston, we have liftoff. Fifty years ago, man landed on the moon and McDonald's and a handful of other stocks took off into the stratosphere. Two of them have more fuel in...Trading Nationread more
Do you think "Garden of fashion" whenever you hear about London's super-stylish Shoreditch or does the Scottish Highland Games remind you of a "strong-man skirt party"? …Yes? Well you're not alone, as one community has now been given the opportunity to rename some of the U.K.'s most iconic treasures.
To coincide with the Chinese New Year, VisitBritain, a national tourism agency has released a list of 101 alternative Mandarin names for popular British attractions and customs.
The new names aren't direct translations, but reflections of what they represent to the Chinese community, VisitBritain says. For instance, Knightsbridge - known for Harrods and luxury shopping – has been named "A place filled with things to attract Yuppies and fashionable ladies". The Shard has been called the "London Cone."
VisitBritain has started its £1.6m ($2.45m) "GREAT names for GREAT Britain" campaign in the hopes of attracting more Chinese tourists. Every year, Chinese tourists contribute £500 million to the U.K.'s tourism sector; however VisitBritain's aim is to double it, by 2020, according to the report.
"Our ambition is to get the whole of China talking about Britain. This campaign will not only increase awareness of the experiences that Britain has to offer but help encourage these valued Chinese guests to explore our nations and regions" said Sally Balcombe, chief executive at VisitBritain in a statement announcing the campaign.
Since the campaign's launch 10 weeks ago, more than 2 million individuals have been drawn in by the campaign's official website, which asks Chinese individuals to give a Mandarin nickname for a popular UK landmark.
Consequently, 13,000 suggestions have been put forward, and voted for by the Chinese community. The top votes went to the likes of "made of sheep's stomach and smells good" for that Scottish delicacy 'haggis' and 'custom-made for Rich People Street' for Savile Row, London.
Jian Fei Cun's 'Healthy-lung village' for Welsh town Llanfairpwllgwyngyllgogerychwyrndrobwllllantysiliogogogoch came out top, with a record number of 15,177 votes.
"Overseas visitors are coming to Britain in record numbers and spending more money than ever before. But we are working hard to encourage more visitors from key markets such as China to come and experience the best of Britain," said Helen Grant, the U.K. minister for sport and tourism in the statement.
Are there more quirky names to come? The campaign suggests that it will release all of its new Chinese expressions in March.
VisitBritain's Chinese variations for U.K. landmarks, things, people: