European stocks close higher after best day in 11 months; LVMH slides 6%
European stock markets closed higher Wednesday after clocking their best one-day performance in nearly a year in the previous session.
Australian journalist Cheng Lei detained by China arrives home
Australian journalist Cheng Lei returned home on Wednesday after being released by Beijing, Prime Minister Anthony Albanese said.
CNBC Daily Open: Investors flocked to U.S. Treasurys for safety
In times of risk, investors turn to safe assets. And there’s no asset perceived as safer — while remaining liquid — than a U.S. Treasury bond.
I missed Beyoncé’s European tour, so I flew 4,600 miles to New Orleans to see her in concert — by myself
Beyoncé’s Renaissance tour tickets quickly sold out in the U.K. So I bought a single ticket to a show in New Orleans — and boarded a flight by myself.
China’s consumer spending isn’t roaring back to pre-pandemic levels yet
China’s consumer spending still isn’t growing as fast as it did before the pandemic, analysts said.
Worried about the volatile market? Analysts love these 10 global stocks with safe and high dividends
Investors have to contend with an increasingly volatile market, and some analysts recommend buying dividend stocks as a way around it.
Smartphones with ‘self-healing’ displays will arrive within five years, analysts predict
Analyst firm CCS Insight said it expects smartphone makers to begin producing phones with “self-healing” displays within five years.
Japan’s business mood improves, capex firm in boost to economic outlook
The tankan showed Japan is on track for a domestic-demand led growth, but the overseas outlook is a source of concern.
Samsung Electronics expects third quarter profit to plunge 78% but shares surge
The company expects revenue of about 67 trillion South Korean won for the third quarter, while operating profit will stand at about 2.4 trillion won.
Goldman names global winners and losers from sliding battery prices; gives one 120% upside
A number of winners and losers have emerged from recent developments in the battery industry, according to analysts from Goldman Sachs.
