European officials sighed with relief Monday after new data suggested the region will avoid an economic recession. Story Published at: February 13, 2023 at 04:49PM
Europe is looking to tackle sky-high debt loads after signs it will dodge a recession
There’s a new inflation warning for consumers coming from the supply chain
Inflation has dropped rapidly helping the Fed and economy, but there’s a sticky source in the supply chain related to inventory gluts and weak consumer demand.Story Published at: February 13, 2023 at 02:43PM
Ukraine plots post-war rebuilding effort with JPMorgan Chase as economic advisor
One year into its conflict with Russia, which invaded Ukraine in February 2022, Ukraine’s government is laying the groundwork to help rebuild the country.Story Published at: February 13, 2023 at 02:07PM
Chinese e-commerce giant Pinduoduo splashes on Super Bowl ad for its Temu U.S. shopping site
It is rare for a Chinese firm to buy a Super Bowl ad spot, which cost millions of dollars.Story Published at: February 13, 2023 at 10:38AM
British semiconductor bosses threaten to move overseas as U.S. and EU splurge on chips
U.K. semiconductor bosses are pleading with the government for subsidies amid fears that some chip firms will be forced to move overseas.Story Published at: February 13, 2023 at 09:34AM
A big bang or a grinding assault? What to expect from Russia’s new offensive in Ukraine
The scope of Russia’s offensive remains uncertain but whatever happens, it comes at a tricky time for Kyiv.Story Published at: February 13, 2023 at 07:56AM
Analysts see short-term strength, long-term ‘generational shift’ in copper prices
Along with experiencing a short-term supply shortage, copper is set to undergo a “generational shift” in demand as decarbonization ramps up, according to BNY Mellon.Story Published at: February 13, 2023 at 06:51AM
CNBC Daily Open: Oil popped and stocks slumped — it feels like 2022 again for markets
As oil popped and stocks slumped, it feels like markets are reliving the bad days of 2022. But investors still hope for a fresh start to the year.Story Published at: February 13, 2023 at 06:02AM
Chinese EV brand Zeekr is now worth more than Xpeng
Geely-backed electric car brand Zeekr said Monday it’s now valued at $13 billion after a $750 million raise from Chinese battery giant CATL and others.Story Published at: February 13, 2023 at 04:20AM
Moody’s cuts outlook for four Adani group companies, cites rapid declines in market value
Moody’s lowered its outlook for four Adani Group companies, citing a “significant and rapid decline” in the market values of the entities.Story Published at: February 13, 2023 at 02:40AM