McDonald’s profit grows as inflation-weary customers flock to its restaurants
McDonald’s is expecting that short-term inflation will continue in 2023.
Formula 1: Audi buys minority stake in Sauber ahead of 2026 F1 entry
Audi is excepted to make its long-awaited entry into Formula 1 in 2026 and will be Sauber’s strategic partner. It will use Ferrari power units in 2024 and 2025.
U.S. stops granting export licenses for China’s Huawei, sources say
The move was expected to reflect the Biden administration’s tightening of policy on Huawei over the past year.
What one tech fund manager is expecting from Apple and Alphabet earnings this week
Apple and Alphabet make up a significant chunk of the $1.5-billion AXA Framlington Global Technology fund. Here’s what its manager is watching for.
China stocks are close to bull market highs after returning from Lunar New Year break
China’s onshore A-shares were hovering close to bull market territory on Monday, the first day after returning from the Lunar New Year holiday.
Jim Chanos: Bear market is doing something unheard of in my career
Famed short seller Jim Chanos sees an alarming trend in the market.
IMF hikes global growth forecast as inflation cools and household spending surprises
In its latest economic update, the institution said the global economy will grow 2.9% this year.
The rising cost of living isn’t the only reason many in Asia are putting off retirement, Randstad says
“Whether for meaning and purpose … or to experience the challenges that come with a job, employment for many is more than just a paycheck,” Randstad said.
Brazil’s Jair Bolsonaro applies for 6-month U.S. visitor visa
Bolsonaro has been staying in a home outside Orlando, Florida, and video has shown him snapping photos with supporters and ambling around inside a supermarket.
Asia-Pacific shares trade mostly lower; China manufacturing activity shows growth
Asia-Pacific shares trade mostly lower as China reports growth in manufacturing activity after three months of contraction
