Jack Ma halts plans to cut his Alibaba stake after shares in the Chinese e-commerce giant drop
Alibaba shares have dropped below the price that Jack Ma would like to sell them for.
Germany reports bird flu outbreak in northern part of the country
Germany has reported an outbreak of the highly pathogenic H5N1 bird flu virus on a poultry farm in the northern part of the country.
European Central Bank VP says escalation in geopolitical risk could spark market correction
Markets “believe that we are going to have a soft landing, they believe that geopolitical risks will not escalate,” Luis de Guinos told CNBC.
Oil group OPEC and its allies delay policy-setting meeting by four days
A meeting of the influential Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, has been rescheduled.
Mortgage demand jumps to six week high as interest rates continue to drop
Mortgage demand is getting a boost from slightly lower interest rates, but the housing market is still extremely slow.
UK’s Jeremy Hunt delivers major tax cut as growth forecast is downgraded
U.K. Finance Minister Jeremy Hunt delivers his Autumn Statement on Wednesday.
CNBC Daily Open: Nvidia tripled its revenue. Investors weren’t impressed
Minutes of the Federal Reserve’s meeting put the brakes on stocks’ rally. And Nvidia’s third-quarter earnings might not be enough to restart the momentum.
A growing number of tech execs think AI is giving Big Tech ‘inordinate’ power
ChatGPT marked the start of what many in the industry have called an AI arms race, as tech giants have sought to launch AI models.
OpenAI brings Sam Altman back as CEO less than a week after he was fired by board
Less than a week after he was fired as CEO by the OpenAI board, Sam Altman is back running the artificial intelligence startup.
Singapore’s Temasek warns that fake agents in China are trying to sell scam investments
The Singapore state investor has three offices in mainland China in Beijing, Shanghai and Shenzhen.
