‘Stupidity’ poses a bigger threat than AI, CEO of Italian defense giant Leonardo says
The CEO of Italy’s Leonardo said Friday that he’s more concerned about the “stupidity” of people than the threats posed by artificial intelligence.
Nasdaq surges more than 1% to take out 2021 record, S&P 500 closes above 5100 for the first time: Live updates
The Nasdaq notched a record high Friday, breaking its previous record from November 2021.
Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports
Deutsche Bank plans rare liquidation lawsuit in Hong Kong against Chinese developer Shimao Group amid China’s property crisis and rising credit defaults.
CNBC Daily Open: Wall Street unfazed by hot inflation data
January’ inflation came in hot and that wasn’t great for the overall economic picture.
Evergrande chairman’s second seized Hong Kong mansion put up for sale
A second Hong Kong mansion formerly owned by China Evergrande Group’s chairman is now for sale, as reported by property agent Savills.
India ‘easily’ the fastest growing economy, IMF executive director says, as GDP growth blows past estimates
India’s economy grew much faster than expected in the October to December quarter, data showed late on Thursday.
Ukraine’s losses on the battlefield could make the war more dangerous for Russia
Russia’s advantage on the battlefield could prompt Ukraine’s backers to give it more of what it wants and needs to fight the invasion.
Europe is having its worst earnings season since the onset of Covid — with little hope of a quick turnaround
Looking forward to the next reporting season, however, strategists are pessimistic on the tide turning.
Britain to lead 2024 European real estate boom as international buyers eye opportunities, research says
The U.K. looks poised to lead a European real estate resurgence this year as international investors return capital to the strained property market.
India approves three chip plants with over $15 billion in investments to realize semiconductor ambitions
India has ambitions to become a major chip hub alongside the likes of the U.S. and Taiwan and has been courting foreign firms to set up operations locally.
