Top ad guru Martin Sorrell downplays chances of Trump’s Truth Social capturing serious market share
Advertising guru Martin Sorrell questioned the prospects of Donald Trump’s Truth Social platform, describing major ad sales as currently “unfathomable.”
Don’t sweat the prospect of no Fed rate cuts, economist says — markets will still march higher
Markets will continue to rally even if the Fed chooses not to cut interest rates this year, according to Steven Blitz, TS Lombard’s chief U.S. economist.
Ukraine war updates: Putin says NATO won’t be attacked but F-16s will; Kyiv claims Russia knew terror attack was coming
Russian President Vladimir Putin dismissed the idea that Russia could attack NATO, but he warned that any F-16s would be legitimate targets for Russian forces.
UBS chief’s surprise return to the Swiss banking giant bagged him a $15.9 million paycheck
UBS CEO Sergio Ermotti earned 14.4 million Swiss francs ($15.9 million) in 2023 after his surprise return to the helm of the Swiss banking giant.
CNBC Daily Open: Focus turns to key inflation data
Wall Street is set to get more insight on the underlying trends of inflation.
China’s Xi tells U.S. CEOs that bilateral relations can have a ‘brighter future’
Chinese President Xi Jinping told U.S. executives that bilateral relations can improve, and pledged that Beijing would keep working to improve the business environment.
Standard Chartered says Japan ‘very, very close’ to yen intervention
The yen’s 34-year low has prompted market speculation over potential government intervention to support its currency.
Seoul bus drivers strike over pay, snarling commute in South Korean capital
Bus drivers in Seoul went on strike after last ditch efforts at negotiating a wage hike broke down, snarling the commute for the city.
Xi tells Dutch prime minister: No force can stop China’s tech advance
Chinese President Xi Jinping and Dutch Prime Minister Mark Rutte met in Beijing for talks on subjects such as the critical semiconductor industry.
eVTOLS: How flying cars are becoming reality
Most innovators and investors tend to reject the term flying car. Instead, the acronym eVTOL, which stands for electric vertical take-off and landing, has taken off.
