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Jasper Juinen | Bloomberg | Getty ImagesThe Dutch government on Tuesday said it will reduce its stake in lender ABN Amro by a quarter to 30% through a trading plan.Shares of the Dutch bank traded 1.2% lower at the market open and was last down 0.6% as of 9:15 a.m. London time.The Dutch government, which currently holds a 40.5% interest in ABN Amro, announced via its investment vehicle firm NLFI that it will sell shares using a pre-arranged trading plan set to be executed by Barclays Bank Ireland.ABN Amro was bailed out by the state during the 2008 financial crisis and later privatized in 2015. The government started reducing its shareholding in the firm last year.The banking sector has been in the spotlight of late, after UniCredit's move to take a stake in German lender Commerzbank sparke...

Carly Rowena, a 37-year-old fitness instructor, was tricked into sending £5 716.60 worth of digital assets to a scammer who promised her sizable returns on her crypto.Carly RowenaCarly Rowena, a British fitness and wellness influencer, is embarrassed as she recalls being duped into handing over £5,700 ($7,450) worth of cryptocurrency in a scam."I was like, it was too good to be true, and I still fell for it," she told CNBC Make It.Rowena transferred the crypto to an Instagram account she believed belonged to a finance professional managing investments for a friend. But after discovering that her friend's account had been hacked, Rowena says she felt "stupid."Here, Rowena shares her story with CNBC Make It, including the red flags she now knows to watch for when navigating the online world....

A Peugeot Inception concept car at the Paris Motor Show on October 14, 2024.Riccardo Milani | Afp | Getty ImagesPARIS, France — Auto giants have descended on the Paris Motor Show to showcase their latest concepts and production models, jostling to capture the public's attention with eye-catching designs and futuristic technologies.The biennial trade show, which opened on Monday and runs through to Sunday, comes as European carmakers contend with some hard truths on the road to full electrification.Manufacturers such as Volkswagen, BMW and Stellantis have all issued profit warnings in recent weeks, citing challenges including faltering demand for electric vehicles (EVs) and intense competition from abroad.The pressure on European automakers is poised to ratchet up even further next year whe...

As CEO of one of the world's largest industrial conglomerates, Honeywell's Vimal Kapur doesn't think about AI like most individuals. It's not about the threatened office worker. "There is always a trend which makes your skills obsolete, every five years," Kapur said at the recent CNBC Evolve: AI Opportunity Summit in New York City. "The churn in white collar is a continuous evolution." And he said it's not about the cool features that can be offered to the consumer, who "gets excited by the writing of a resume or restaurant recommendation." The biggest problems AI can solve at Honeywell start with a generational labor shortage that it and client companies are facing. From pilots to technicians, declining birth rates in the industrialized world have led to less people available to do jobs t...