World
China needs stimulus with ‘beautiful deleveraging’ to avoid debt crisis, says Ray Dalio
Ray Dalio, billionaire and founder of Bridgewater Associates LP, during a Bloomberg Television interview in New York US, on Wednesday, April 3, 2024. Victor J. Blue | Bloomberg | Getty Images China must employ a “beautiful deleveraging” in addition to its recent stimulus measures in order to avoid a debt crisis, said Bridgewater Associates founder […]
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China’s reports third-quarter GDP growth of 4.6%, slightly beating expectations
China has announced in the past week a series of measures aimed at boosting its economy ahead of a key Politburo meeting later this week focused on reviewing the first half performance of the world’s second-largest economy. Str | Afp | Getty Images China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of […]
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Asia markets mixed as investors assess China economic data, Japan CPI
The skyline of the central business district in Beijing on August 13, 2019. (Photo by WANG Zhao / AFP) WANG ZHAO | AFP | Getty Images Asia-Pacific markets opened mixed Friday, as investors assessed key economic data from China and Japan’s inflation numbers. China’s third-quarter GDP growth rate came in at 4.6% compared to the […]
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Intel seeks billions for minority stake in Altera business, sources say
Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel is looking to sell at least a minority stake in its […]
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CNBC Daily Open: The Dow hits another high amid a mostly flat market
NEW YORK, NEW YORK – OCTOBER 16: Traders and others work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | 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 […]
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These 3 UK stocks are on the march and set to soar by over 50%, RBC says
Three London stocks are on the march and are expected to rise by more than 50% over the next 12 months. CNBC Pro screened for stocks covered by analysts at RBC Capital Markets that have risen this year, have momentum behind them, and have an upside potential of more than 50%. Team17 Shares of Team17 […]
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Dow futures are little changed after blue-chip average closes at all-time high: Live updates
Spencer Platt | Getty Images Dow Jones Industrial Average futures sat near flat Thursday night after the blue-chip average finished the preceding session at a record closing level. Futures connected to the 30-stock index added just 7 points. S&P 500 futures and Nasdaq 100 futures were rose 0.1% and 0.2%, respectively. Investor attention after hours […]
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Chinese robotaxi firm Pony AI files for U.S IPO
Chinese tech giant Baidu’s robotaxis have grabbed about 10% of the ride-hailing market in a Beijing suburb, the company said Tuesday Vcg | Visual China Group | Getty Images China-based autonomous driving firm Pony AI, backed by automaker Toyota, filed for an initial public offering in the U.S. on Thursday, in another sign of growing investor interest in new […]
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Musk’s win on India satellite spectrum raises prospect of price war with Ambani
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, arrives to pay his last respect to Indian industrialist Ratan Tata at the National Centre for the Performing Arts (NCPA) ahead of its cremation in Mumbai on October 10, 2024. Punit Paranjpepunit Paranjpe | AFP | Getty Images Having just lost a battle with Elon Musk […]
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Google CEO names new search and ads boss, slides predecessor to role of chief technologist
Google is replacing Prabhakar Raghavan, the company’s search and ads boss, with longtime Google executive Nick Fox. The move was announced by Alphabet CEO Sundar Pichai, who said in a blog post on Thursday that Raghavan will be moving into the role of chief technologist after 12 years of leading teams across the search company. […]
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