IMF says global fight against inflation is ‘almost won’ but warns of rising risks
The IMF projects global headline inflation to fall to 3.5% by the end of 2025.
Paul Tudor Jones says market reckoning on spending is coming after election: ‘We are going to be broke’
Hedge fund manager Paul Tudor Jones told CNBC that government spending could cause a major sell-off in the bond market.
Cuba fights to come back from a nationwide blackout, then a storm that killed six
Cuba’s capital was partially illuminated Monday night after a large-scale blackout generated a handful of protests.
Former Abercrombie CEO Mike Jeffries charged with sex trafficking, interstate prostitution
Abercrombie & Fitch and its former CEO Mike Jeffries were sued last year for allegedly operating a sex trafficking ring that targeted would-be male models.
IMF hikes UK growth outlook amid lower inflation and interest rates
The IMF now sees 1.1% growth for the U.K. economy this year, up from its July forecast of 0.7%, and reiterated a forecast for 1.5% expansion in 2025.
SAP boss warns against regulating AI, says Europe risks falling behind U.S., China
Christian Klein, head of German software giant SAP, says Europe risks falling behind the U.S. and China if it ends up overregulating the AI sector.
Qatar Airways partners with Elon Musk’s Starlink for high-speed Wi-Fi milestone
Qatar Airways launched Tuesday its inaugural Boeing 777 flight equipped with Elon Musk’s Starlink internet, paving the way for a new era of in-flight connectivity across its entire fleet by next year.
Qatar Airways partners with Elon Musk’s Starlink for high-speed Wi-Fi milestone
Qatar Airways launched Tuesday its inaugural Boeing 777 flight equipped with Elon Musk’s Starlink internet, paving the way for a new era of in-flight connectivity across its entire fleet by next year.
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway’s gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway’s gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).
