World
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
Andrew Ross Sorkin speaks with BlackRock CEO Larry Fink during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images BlackRock said Tuesday it will acquire HPS Investment Partners for $12 billion in stock, as […]
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Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms’ customers
UKRAINE – 2022/01/07: In this photo illustration a Microsoft Azure logo seen displayed on a smartphone. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images LONDON — Microsoft on Tuesday was accused of unfairly overcharging customers of rival cloud companies in a lawsuit claiming damages of more than £1 […]
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French lawmakers to hold no-confidence vote against embattled Barnier government on Wednesday
French Prime Minister Michel Barnier (C) ahead of his general policy statement to the French National Assembly in Paris on October 1, 2024. Barnier, a right-wing former EU Brexit negotiator, was appointed three weeks ago by French President to bring some stability after the political chaos created by a hung parliament that resulted from snap […]
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European markets open higher but France’s political upheaval is in focus
Annual Swiss inflation rises less than expected to 0.7% in November Switzerland’s inflation rate rose 0.7% year-on-year in November, just shy of the 0.8% print expected by analysts polled by Reuters. The country recorded a 0.1% drop in consumer prices from the previous month. The cooling inflation rate could add pressure to the Swiss National […]
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CNBC Daily Open: Investors are filled with the festive spirit
Tayfun Coskun | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today New highs for S&P […]
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Trump repeats vow to ‘block’ Nippon Steel’s bid for U.S. Steel
Alex Wong | Getty Images News | Getty Images U.S. President-elect Donald Trump has pledged to block Japanese company Nippon Steel’s planned purchase of U.S. Steel. “I am totally against the once great and powerful U.S. Steel being bought by a foreign company, in this case Nippon Steel of Japan,” Trump said in a post […]
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Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China
A Chinese flag is displayed next to a “Made in China” sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. Florence Lo | Reuters Major Asian chip stocks outside of China rose Tuesday, shrugging off a new round of U.S. semiconductor export curbs on Beijing aimed […]
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Goldman Sachs just refreshed its conviction lists of global stocks, giving 3 over 40% upside
Goldman Sachs has refreshed its lists of top global stock picks for December by adding some and removing others. These stocks are featured in the investment bank’s “Conviction List – Directors’ Cut,” a “curated and active” list of its buy-rated stocks. They are selected by a subcommittee in each region which “collaborate with each sector […]
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Asia-Pacific markets trade higher, tracking Wall Street gains after key benchmarks hit new records
The Seoul city skyline early on December 16, 2020. (Photo by Ed JONES / AFP) (Photo by ED JONES/AFP via Getty Images) Ed Jones | Afp | Getty Images Asia-Pacific markets opened higher on Tuesday, tracking gains on Wall Street after the S&P 500 and the Nasdaq Composite rose to new records. Australia’s S&P/ASX 200 […]
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CNBC Daily Open: Investors are filled with the holiday spirit
A Christmas tree, with NYSE branded ornaments, stands in front of The New York Stock Exchange on December 20, 2021 in New York City. Roy Rochlin | Getty Images Entertainment | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything […]
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