UK inflation falls from 41-year high as fuel price surge eases
U.K. inflation came in slightly below expectations at 10.7% in November, as cooling fuel prices helped ease price pressures.
Morgan Stanley upgrades its 2023 growth outlook for China, expects stronger and earlier rebound
Morgan Stanley raised its outlook for China’s economy in 2023 on a rebound in activity that the firm predicts will come earlier and sharper than expected.
European Central Bank set for 50 basis point rate hike on hopes that inflation has peaked
The European Central Bank will continue to hike benchmark rates, albeit at a slower pace, with inflation expected to be close to a peak.
Britain’s new ‘winter of discontent’ deepens as widespread strikes mount over festive period
The list of workers launching industrial action in the U.K. over the Christmas period continues to grow, fueling concerns about more persistent wage inflation.
UBS expects this global tech stock to see a 60% upside despite headwinds and reopening challenges
GoTo surged as high as 33% as UBS upgraded its 12-month rating from “sell” to “buy.”
Morgan Stanley weighs in on the ChatGPT obession and the risk to Google’s search business
A new artificial intelligence technology, known as ChatGPT, has quickly emerged on the scene and is threatening to disrupt some internet stocks.
China readying $143 billion package for its chip firms in face of U.S. curbs, sources say
It signals a more direct approach by China in shaping the future of an industry which has become a geopolitical hot button due to soaring demand for chips.
China will come through the Covid reopening, but it’s going to be a bumpy ride
CNBC’s Ted Kemp discusses why China’s reopening from Covid-19 will not pose a great threat to President Xi Jinping—but the economic recovery won’t take a smooth trajectory.
Dan Niles is positive on this corner of tech, names two global stocks to buy
The Satori Fund founder told CNBC that his fund had just bought some stocks.
Morgan Stanley’s Mike Wilson says his S&P 500 call is more bearish than most, and explains why
Mike Wilson, who accurately called the 2022 sell-off, reiterated his bear market bottom call and said he was more confident of his forecasts now.
