IMF upgrades global growth forecast, citing U.S. resilience and policy support in China
The International Monetary Fund sees a reduced likelihood of a so-called hard landing, with inflation…
Year: 2024
World’s largest sovereign wealth fund posts record $213 billion profit, boosted by tech stocks
Norway’s sovereign wealth fund, the world’s largest, was established in the 1990s to invest the…
GM beats Wall Street estimates, forecasts continued strong profit in 2024
GM’s 2023 earnings included several special charges, including $1.1 billion in North American strike costs…
At least 10 killed in overnight attack by Baloch rebels in Pakistan
Six members of a rebel armed group and four security officers killed in the overnight…
IMF upgrades global growth forecast citing U.S. resilience and policy support in China
The International Monetary Fund sees a reduced likelihood of a so-called “hard landing,” with inflation…
GM beats Wall Street estimates, forecasts continued strong profit in 2024
GM’s 2023 earnings included several special charges, including $1.1 billion in North American strike costs…
Euro zone economy narrowly skirts recession, stagnates in fourth quarter
Eurostat released flash euro zone growth figures for the euro zone Tuesday.
Renault shares jump after scrapping plans to list Ampere EV unit
Shares of French car maker Renault jumped 5% in early deals Tuesday, hours after cancelling…
Former Pakistan Prime Minister Imran Khan gets 10-year jail term
The former national cricket captain became Pakistan’s prime minister in 2018.
Saudi Arabia’s Aramco halts plans to increase maximum oil production capacity
Saudi Arabia’s state-controlled Aramco on Tuesday announced it is pausing plans to raise its maximum…
Hungary accuses EU of blackmail over Ukraine aid standoff
Hungary on Monday accused the European Union of blackmail after a leaked document suggested that…
N Korea fires ‘several’ cruise missiles in third test in less than a week
Pyongyang is ramping up arms testing as it seeks to develop more sophisticated weaponry.
Boeing’s reputation takes a hit after 737 Max 9 fallout, survey shows
Net trust in Boeing dropped 12 percentage points among U.S. adults after a door panel…
Boeing’s reputation is taking a hit, survey shows
Net trust in Boeing dropped 12 percentage points among U.S. adults after a door panel…
Race for China’s EV market could last 3 years, BYD says, claiming it wants to work with Tesla
Heated competition for China’s electric car market will likely last two to three years, a…
Russia-Ukraine war: List of key events, day 705
As the war enters its 705th day, these are the main developments.
CNBC Daily Open: Fed rate cut path in sharp focus
The timing of interest rate cuts is certainly the top issue on the minds of…
Reed Hastings sells $1.1 billion in Netflix shares
Netflix co-founder and executive chairman Reed Hastings has gifted two million shares of the streaming…
Reed Hastings sells $1.1 billion in Netflix shares
Netflix co-founder and executive chairman Reed Hastings has gifted two million shares of the streaming…
