India’s largest airline sees shares drop after earnings plunge 78% on forex and other provisions
Weak currency, labour reforms and passenger compensation costs dragged Indigo’s earnings.
This year could be ‘make or break’ for OpenAI as investors turn their eyes to profit
AI foundation model developers are still experimenting with business models, but investors will likely push for returns this year.
CNBC Daily Open: ‘TACO’ trade boosts markets amid ongoing geopolitical tensions around Greenland and Ukraine
Trump walking back on his tariff threats on EU countries and toning down rhetoric on Greenland has revived talks of TACO — “Trump Always Chickens Out” — trade.
Xiaomi announces HK$2.5 billion buyback as competition and cost pressures weigh on stock
Chinese tech giant Xiaomi saw its shares pop in trading on Friday after it announced a stock buyback program worth up to HK$2.5 billion ($321 million).
European markets close lower; Ericsson pops 10% after fourth-quarter profit beat
European stocks closed lower Friday after U.S. President Donald Trump said a “framework” agreement had been reached over Greenland.
Nvidia’s Huang to visit China as AI chip sales stall
Nvidia CEO Jensen Huang plans to visit China ahead of the mid-February Lunar New Year, two people familiar with the matter told CNBC.
Bank of Japan raises economic growth forecasts ahead of snap election, holds rates at 0.75%
The BOJ also upgraded its GDP forecast for the 2025 fiscal year to 0.9%, and also raised its GDP projection for the 2026 fiscal year to 1% from 0.7%.
India’s youth are turning concerts into an economy. The money is following
India saw a 17% rise in the live events space in 2025, marking a boom in demand for experiences. This was led by Gen-Z and millennial crowds.
CNBC Daily Open: Talks of ‘TACO’ trade amid confusion over Trump’s Greenland deal
Trump walking back on his tariff threats on EU countries and toning down rhetoric on Greenland has revived talks of TACO — “Trump Always Chickens Out” — trade.
Asia markets mostly advance as Bank of Japan leaves interest rates on hold
Asia-Pacific markets mostly rose as investors looked ahead to the Bank of Japan’s decision.
