Saudi Arabia’s economy contracts again, dragged by oil cuts
The drop was a result of a 16.4% decline in oil activities, the report stated.
’50 shades of green’: UN’s Usher highlights financing challenge for companies still in green transition
The head of the United Nations’ Environmental Programme Finance Initiative said that there is still a “real challenge” to scaling the flow of investment to companies that are transitioning to become greener.
U.S.-China fentanyl talks get off to a ‘productive’ start, security advisor says
The U.S. and China had a “productive” first day of fentanyl talks, Jennifer Daskal, a deputy homeland security advisor, told NBC News’ Janis Mackey Frayer.
India will release its interim budget this week. Here’s what to expect
India’s finance ministry will present the country’s interim budget for financial year 2024 to 2025 on Feb. 1, ahead of the highly-anticipated general elections.
Evergrande’s liquidation crisis won’t be China’s ‘Lehman moment,’ China Beige Book COO says
A liquidation order to China Evergrande this week deepened concerns about China’s struggling property sector, but analysts say the spillover will likely be contained.
IMF ups emerging Asia growth forecast, warns of China property risks but says India is a bright spot
The International Monetary Fund remained optimistic on India but warned of risks from China’s deepening property sector crisis.
China’s manufacturing activity shrank for the fourth straight month in January
China’s factory activity contracted for a fourth straight month in January, data from the National Bureau of Statistics showed.
CNBC Daily Open: Tech earnings not good enough for Wall Street
Tech giants Microsoft and Alphabet earnings both managed to beat top and bottom line estimates. Still, that wasn’t good enough for Wall Street.
Hunger is India’s ‘biggest problem’ — one of the world’s largest food producers leaves millions hungry
Millions are still starving in one of world’s largest food producing giants.
Wall Street punishes Alphabet and Microsoft despite earnings beats after stocks hit record
Investors were left wanting more from Microsoft and Alphabet after recent rallies lifted their stock prices to all-time highs.
