Citi Wealth warns markets may be ‘uncomfortably strong’ amid mounting geopolitical, inflation risks
Global markets may be due for a period of consolidation after a sharp rally in equities, said Citi Wealth’s chief investment officer Kate Moore.
Ryanair: don’t anticipate cancellations this summer
Low-cost airline Ryanair is confident it can maintain a full summer schedule and doesn’t anticipate any cancellations. Chief Financial Officer Neil Sorahan spoke to CNBC’s Ritika Gupta about how alternative jet fuel supplies are helping to ease pressur…
Samsung strike involving 47,000 workers looms as South Korea’s president urges labor deal
South Korea’s government stepped up pressure on Samsung Electronics and its union to avert a strike that officials say could cost the economy billions.
European markets rebound after Trump threatens Iran
European stocks rebounded on Monday as investors react to the latest developments in the U.S.-Iran war.
Weight-loss wars go global as Novo Nordisk bets big on its Wegovy pill
The weight loss pill had a strong U.S. launch this year, and Novo believes that will be replicated in other markets around the world.
Why a small UK lender has major U.S. credit firms on edge
The continuing fallout from MFS’ collapse has heightened fears that problems in complex credit markets pose a broader systemic risk.
High energy prices could derail Europe’s AI race with U.S. and China
Energy costs vary widely across Europe, creating clear winners and losers in attracting investment.
South Korea market volatility nears record high after $13 billion foreign investor selloff
South Korea’s stock market volatility surged near record highs on Monday after foreign investors dumped $13.2 billion worth of local equities last week.
Mizuho shares slide 7% after denying decision on reported Rakuten Bank investment shift
Shares of Mizuho Financial Group fell over 7% Monday, after the company said it has not made decision yet on investment in Rakuten Bank.
China’s economy loses steam in April as retail sales hit 40-month low
China’s economy stumbled in April with consumption, industrial output and investment growth missing expectations.
