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Europe lower in premarket as US inflation takes center stage

European stock indexes traded lower in Wednesday's premarket session, with the US Consumer Price Index (CPI) report firmly on investors' radar ahead of its release at 2:30 pm CET. Analysts anticipate ...




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Daniel Lurie: San Francisco's moderate next mayor

The City by the Bay will soon have a new leader, as Democrat Daniel Lurie was elected the next mayor of San Francisco on Nov. 7. Lurie, a political newcomer, beat a fellow Democrat, incumbent Mayor London Breed, to earn the city's top job. He won the mayoral race by a large margin; Lurie led…




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Mutual Fund Investors Face Unwanted Tax Bills. Are You on the List?




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Europe premarket lower as US inflation takes center stage

European stock indexes traded lower in Tuesday's premarket session, with the US Consumer Price Index (CPI) report firmly on investors' radar ahead of its release at 2:30 pm CET. Analysts anticipate in...




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"We Must Do Whatever It Takes!" - Netherlands Reinstates Temporary Border Controls To Curve Illegal Immigration

"We Must Do Whatever It Takes!" - Netherlands Reinstates Temporary Border Controls To Curve Illegal Immigration Authored by Thomas Brooke via Remix News, The Netherlands has announced it will reintroduce internal border checks starting Dec. 9 in fresh efforts to manage illegal immigration. The…




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TV to watch in November, from 'Dune: Prophecy' to 'A Man on the Inside'

A new comedy from 'The Good Place' creator, a prequel to 'Dune' and the conclusion of one of America's most popular shows




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How to save a bundle on children’s clothes

From swap meets to looking after clothes correctly, you can save cash while making your children’s wardrobes more sustainable Charity shops can be a goldmine for bargains – use the Charity Retail Association’s online search page to find ones that stock children’s clothes, or in London, head to one…




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BT has left my 80-year-old dad without a landline for months

After hours of calls to BT, engineer no-shows, complaints raised and multiple promises, nothing has happened I am desperate to help my 80-year-old dad, JF, and his partner who have been left without a landline for more than two months by BT. This is especially difficult as my dad has relatives in…




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Climate change is threatening Florida's Key deer

As the United States continues to feel the effects of global warming and rising sea levels, there is renewed concern for the Key deer, a species native to the Florida Keys who could be pushed to cataclysmic levels by environmental change. The animal is the smallest deer species in North America —…




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Dogecoin Craze Grips Korea, Fuels Price Premium on Local Giants Upbit and Bithumb

DOGE trades at premium on Upbit and Bithumb relative to Binance. - The price differential is still noticeably lower than the previous bull market peaks. Today is just that day as Koreans seem to be jumping into the DOGE market, driving prices higher and creating a noticeable premium on local…




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Ford is slashing the working hours of some of its German factory employees amid what it calls a 'significantly lower than expected' demand for its EVs

Ford is getting its workers in Cologne, Germany, to work fewer hours. The carmaker said a "lower than expected demand for electric vehicles" brought on the shift. The carmaker has more than 4,000 employees at its Cologne plant. Ford is slashing the work hours of its manufacturing plant workers in…




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Bitcoin Rally Cools After Jump of About 30% Since Trump Victory

A surge in Bitcoin has paused as traders assess the remaining market impact of President-elect Donald Trump’s rhetorical support for crypto. Most Read from Bloomberg The digital asset is up about 30% in the wake of Trump’s Nov. 5 election victory, hitting a record of $89,968 on Tuesday, based on…




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Japan's Seven & i says receives buyout proposal from founding Ito family




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YouTube is testing a new feature that will let a small group of creators use AI to “restyle” licensed songs for their Shorts through prompts

YouTube is testing a new feature that will let creators use AI to “restyle” licensed songs for their shorts. The small group of creators with access can enter a prompt to change up different elements in a song, such as its mood or genre, and the expansion of YouTube’s Dream Track AI feature will…




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Thames Water Gets Key Creditor Support to Advance Rescue Plan




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How business owners can prepare for potential tariff hikes in 2025

President-elect Donald Trump has promised tariff hikes. Here's what experts say business owners should be doing now to prepare.




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SoftBank first to receive new Nvidia chips for supercomputer

SoftBank's Japanese telecoms unit will receive the first chips using Nvidia (NASDAQ:NVDA)'s latest Blackwell design for its supercomputer, the California-based chip designer said, as Masayoshi Son looks to ride the artificial intelligence boom. SoftBank (TYO:9984) Corp is also planning to use…




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Kansai Electric to Raise Up to $3.3 Billion From Share Sale




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Sea Ltd. Stock Jumps As 31% Revenue Growth Beats Expectations

Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: - Javascript is disabled or blocked by an extension (ad blockers for example) - Your browser does not support cookies Please make sure that…




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SoftBank is Nvidia's first Blackwell chips customer. Here's what they're going to be used for




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Trump win could be a double whammy for Hungary's economy

By Gergely Szakacs and Karin Strohecker BUDAPEST/LONDON (Reuters) - Donald Trump's victory may be a political boon for Hungarian leader Viktor Orban but on the economy, Trump is bad news for Hungary - adding to inflationary risks due to a weak forint and lower output due to possible tariffs on…




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Teraco Taps Absa for $442 Million Loan for AI-Ready Facility

In This Article: (Bloomberg) -- Teraco Data Environments Ltd. hired Absa Group Ltd. to syndicate an 8 billion rand ($442 million) loan as the company gears up for a new facility to meet rising demand from artificial intelligence applications. Most Read from Bloomberg The facility will push…




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Australian Buyout Financing Activity Gets Boost From Lumus Deal




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China's renaming of its regional jet is another clear sign its homegrown planemaker is coming for Boeing and Airbus

The ARJ21, COMAC's first commercially available plane, was rebranded on Tuesday to the C909. Chen Xiao/VCG via Getty Images China's COMAC is rebranding its regional jet to the C909, keeping with the naming style of its newer C919. That might not get COMAC more C909 sales, but it markets the plane…




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Just Eat Takeaway announces that it is selling Grubhub to Wonder in a $650M deal expected to close in Q1 2025; Just Eat bought Grubhub for $7.3B in 2020

Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million. The company said that it expects the deal to be completed by Q1 2025. “The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com…




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Bluesky Pulled a Million New Users After Election as More Abandoned Musk’s X

The reelection of Donald Trump as president last week brought a wave of jubilation to X (formerly Twitter). The influencers and megadonors who supported the Republican nominee delighted in the defeat of his opponent, Vice President Kamala Harris, while giddily speculating about the extremist…




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Yen Weakens to 155 Against Dollar, Raising Intervention Risk

In This Article: (Bloomberg) -- The yen weakened beyond 155 per dollar for the first time since July, raising the risk that Japan will enter the currency market to try to slow the depreciation. Most Read from Bloomberg The Japanese currency slid as much as 0.4% to 155.15 against the dollar,…




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US Startup Buys Just Eat Takeaway’s Grubhub for $650 Million

In This Article: (Bloomberg) -- Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery service at a steep discount to the $7.3 billion price tag it commanded during the early days of the Covid pandemic. Most Read from…




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European markets head for higher open; U.S. inflation data in focus

European stocks are expected to open positive territory Wednesday, with global markets focused on upcoming U.S. inflation data. The U.K.'s FTSE 100 index is expected to open 36 points higher at 8,056, Germany's DAX up 38 points at 19,081, France's CAC up 11 points at 7,356 and Italy's FTSE MIB up…




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Israeli forces strike Oct. 7 attacker's cell in Gaza

The Israeli Defense Forces (IDF) said on Wednesday that it eliminated a militant cell member, Yasser Ghandi, in Gaza's Shejaiya area who allegedly participated in the October 7 attack in Israel that l...




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The U.S. Can’t Beat China at Solar Power. It May Be Time to Join Them




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CNBC Daily Open: Postelection euphoria takes a breather

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. U.S. and Asia markets slip U.S. markets retreated on Wednesday after…




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Why identity security is having an identity crisis

Illumio’s Raghu Nandakumara argues that non-user entities represent ‘the next frontier of risk’ in cybersecurity. Read more: Why identity security is having an identity crisis




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UK engineering firm Smiths upgrades annual revenue growth outlook

UK's Smiths Group on Wednesday upgraded its annual organic revenue growth outlook after the engineering firm posted a 15.8% rise in first-quarter revenue. The company now expects full-year organic revenue growth of 5%-7%, up from the original 4%-6% guidance. (Reporting by Shanima A and Chandini…




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Spot bitcoin ETFs continue strong inflows of $817 million, BTC dips 3.4%

Bitcoin fell 3.4% in the past 24 hours to trade at $86,855, potentially indicating profit-taking by investors, according to a BRN analyst.




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8 killed in Israeli airstrike in Lebanon

An airstrike by Israeli forces in southern Lebanon has led to the death of eight individuals, according to reports from the Lebanese state news agency NNA. "The National News Agency corresponden...




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Swedish Fintech Klarna Files for Widely Expected IPO in US

Swedish payments firm Klarna Group Plc has filed for an initial public offering in the US, ending months of speculation that the company was readying a stock market listing. Most Read from Bloomberg Klarna confidentially submitted a draft registration statement to the Securities and Exchange…




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Klarna files for a US IPO; analysts put Klarna's implied valuation at ~$14.6B in October 2024 after shareholder Chrysalis upped the value of its stake to $154M




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Russia's lucrative oil and oil industry is an easy target for Europe after Trump's election victory

The EU is considering replacing Russian liquified natural gas imports with US shipments — a move that could hit President Vladimir Putin's war chest. Contributor/ Getty Images Trump's presidency may pressure Russia's oil and gas industry. The EU is thinking about replacing Russian LNG with US…




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Iranian, Russian Card Payment Systems 'Officially Linked': Tehran

Iranian, Russian Card Payment Systems 'Officially Linked': Tehran Via The Cradle Iranian and Russian card payment systems were formally linked this week, coming as the two nations have been working together to circumvent economic sanctions imposed by Washington and the west. The announcement…




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Seven & i's reported offer and the biggest management buyouts to date

Japan's Seven & i Holdings said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family.




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Tesla's Chinese Battery Supplier CATL 'Open Minded' About US Expansion If Trump Welcomes Chinese Investments

Amid the evolving landscape of U.S.-China trade relations, CATL, one of the world’s largest battery manufacturer, has expressed interest in establishing a manufacturing plant in the United States. What Happened: Robin Zeng, the founder and chairman of CATL, shared this perspective in a recent…




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7-Eleven starts talks with ACT on $47bn takeover bid as ‘white knight’ emerges

Convenience store operator receives rival buyout offer from members of founding family




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ECB's Villeroy: More rate cuts as inflation moderates

Member of the European Central Bank (ECB) Governing Council and Bank of France Governor Francois Villeroy de Galhau indicated on Wednesday that more interest rate cuts could be on the horizon, noting ...




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Asia stocks dip as Trump rally cools, CPI data looms

Investing.com-- Most Asian stocks fell on Wednesday, tracking losses in Wall Street as a post-election rally now appeared to be cooling, while anticipation of key U.S. inflation data also spurred risk aversion. Regional markets remained under pressure after fresh fiscal measures from China largely…




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Tesla Stock Gets a New Street-High Price Target Following Trump’s Victory

Suspicious Activity Detected Activity violating our Terms of Use has been detected on your TipRanks account. Such activity could comprise of any of the following: Exceeding 80 page views of a specific page type within a 24 hour period. Utilizing bots, crawlers or other scraping tools. In most…




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Judge blocks Oakland airport name change, says it ‘damages the goodwill and value’ of SFO’s brand




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Crypto Bull Market Arrives: Analysts Say 'Buy Everything You Can'




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Factbox-Seven & i's reported offer and the biggest management buyouts to date

In This Article: By Kane Wu HONG KONG (Reuters) - Japan's Seven & i Holdings said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family. The statement follows a Bloomberg report that the 7-Eleven owner was considering a management buyout…




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An all-new 650 hp Cadillac, Hertz is selling off more EVs, and something weird at Tesla

On today’s exciting episode of Quick Charge, we’ve got the Vistiq! It’s all-new, three row SUV from Cadillac that packs 650 hp and can go from 0-60 mph in under 3.5 seconds, a serious word from Rivian, and something fishy at Tesla. We’ve also got word that Hertz is selling off even more of its…