Daimler Truck surges 17% to record on bumper earnings, buyback announcement
The German truck maker posted better-than-expected pretax earnings of 5.5 billion euros for 2023, up 39% on the previous year’s 4.4 billion.
Inflation remains sticky in Europe, with core prices cooling less than expected
The headline figure previously came in at 2.8% in January, with further easing expected after price rises cooled in Germany, France and Spain.
European markets close higher as euro zone inflation falls less than expected; Daimler Truck up 18%
European markets closed higher on Friday to start the new trading month after a winning February.
Salesforce’s top AI ethics leader says she’s ‘optimistic’ on the path to U.S. regulation
“I remain optimistic, because I think if you saw a number of the hearings that happened in the Senate, they were largely bipartisan,” says Paula Goldman.
In a bizarre British by-election, a pro-Palestinian firebrand just swept to victory
Controversial and staunchly pro-Palestinian left-wing firebrand George Galloway won a chaotic by-election in Rochdale.
Russian opposition figurehead Navalny buried in Moscow after church service as crowds shout support
The funeral of Russian opposition leader Alexei Navalny took place in Moscow on Friday.
‘Stupidity’ poses a bigger threat than AI, CEO of Italian defense giant Leonardo says
The CEO of Italy’s Leonardo said Friday that he’s more concerned about the “stupidity” of people than the threats posed by artificial intelligence.
Nasdaq surges more than 1% to take out 2021 record, S&P 500 closes above 5100 for the first time: Live updates
The Nasdaq notched a record high Friday, breaking its previous record from November 2021.
Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports
Deutsche Bank plans rare liquidation lawsuit in Hong Kong against Chinese developer Shimao Group amid China’s property crisis and rising credit defaults.
CNBC Daily Open: Wall Street unfazed by hot inflation data
January’ inflation came in hot and that wasn’t great for the overall economic picture.
