India hits back after George Soros says Adani troubles will greatly weaken Modi’s grip on power
“Modi and business tycoon Adani are close allies; their fate is intertwined,” said billionaire investor George Soros
Ukraine can still lose the war — but Russia can’t win, Ian Bremmer says
“Ukraine can lose this war,” Ian Bremmer told CNBC at the Munich Security Conference Friday, but Russia can’t win at a geopolitical level.
CNBC Daily Open: Growth stocks look hot but investors should be cautious
The Nasdaq had its sixth positive week in seven. Yet further interest rate hikes by the Federal Reserve seem imminent. Markets may be too optimistic.
‘China’s Netflix’ iQiyi launches an immersive VR ride based on its own show
The experience is based on iQiyi’s 2021 television drama “Luoyang,” set in the ancient Chinese capital city of the same name.
Is military spending broken? The UK may offer some insights
In 2023, a U.S. general noted that decades of military spending cuts in the United Kingdom had affected its war-fighting capabilities. Are there lessons other countries can learn from the UK when it comes to budgeting for defense?
Reopening to recovery: Goldman Sachs sees China stocks surging as much as 24% by end of 2023
Goldman Sachs strategists see an economic shift from “reopening to recovery” driving Chinese stocks 24% higher by the end of this year.
World Wide Web inventor Tim Berners-Lee calls crypto ‘dangerous’ and likens it to gambling
“It’s only speculative. Obviously, that’s really dangerous,” Tim Berners-Lee told CNBC. “[It’s] if you want to have a kick out of gambling, basically.”
Rescue operation for Australian professor, others taken hostage in Papua New Guinea, police say
Papua New Guinea’s Prime Minister said police and the military were on stand-by, and the government was working with missionaries who were acting as mediators.
China formalizes rules for overseas IPOs
The new rules also call for IPO underwriters, typically international investment banks, to annually report to the CSRC their involvement with Chinese listings overseas.
The SEC has a stablecoin firm in its sights — and it could shake up the whole $137 billion market
The U.S. Securities and Exchange Commission (SEC) could be gearing up to take action against Paxos, over the issue of whether Binance USD (BUSD) is a security.
