China’s economy is on track for ‘strong’ March performance, survey says
China’s economy is ending the first quarter on a “strong” note, according to a business survey published by the China Beige Book on Thursday.
Penthouse to prison: Sam Bankman-Fried’s journey from crypto king to convicted conman
FTX founder Sam Bankman-Fried will be sentenced in a New York court on Thursday, more than four months after a jury found him guilty of seven criminal charges.
Yellen warns China’s surplus of solar panels, EVs could be dumped on global markets
Janet Yellen said she will confront her Chinese counterparts about their solar, EV trade practices in an upcoming visit to China.
Coinbase drops nearly 3% after SEC scores big win in lawsuit against crypto firm: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
Baltimore port bridge collapse: Global ocean carriers put U.S. companies on hook for urgent cargo pickup
Ocean container vessel giants including CMA CGM and COSCO are declaring force majeure due to Baltimore port bridge accident, leaving shippers on hook for cargo.
Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet
Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in this new technology arms race.
Piper Sandler believes S&P 500 vulnerable to a correction, dumps Nvidia from its model portfolio
The Wall Street firm anticipates a 5% to 10% pullback in the broad market index in the coming weeks, citing extended valuations.
European markets close slightly higher; H&M up 15% after profit beat; Sweden holds rates
European stocks closed slightly higher on Wednesday, regaining steam after a subdued start to the session. H&M leapt to the top of the Stoxx 600 index.
Boeing needs to be led by engineers, time is not on its side, Emirates Airline president says
Aviation analysts and former Boeing employees have criticized the company’s reported sidelining of engineers in its senior management ranks.
‘Too early to judge’: Global carmakers contend with closure at busiest U.S. auto port
“The situation is still developing and we will do our best to make sure we find ways to distribute vehicles out into the market,” Volkswagen USA CEO told CNBC.
