European markets close down 1% after hotter-than-expected U.S. inflation
European markets closed lower on Tuesday as investors assessed incoming corporate earnings reports and a key U.S. inflation print.
Paramount Global lays off about 800 employees, a day after announcing record Super Bowl ratings
Paramount Global CEO Bob Bakish announced the company will lay off hundreds of employees Tuesday, just a day after CBS announced Super Bowl viewing records.
Apple and Microsoft clinch key win as iMessage, Bing exempted from tough EU competition rules
Apple’s iMessage and Microsoft’s Bing and Edge browsers should not be listed as “gatekeepers” under the EU Digital Markets Act, the European Commission said.
European Union is considering sanctions on Chinese firms for aiding Russia’s war machine
The European Union is looking to sanction Chinese firms that have helped Russia circumvent Western penalties, three EU officials told CNBC.
U.S. Senate approves Ukraine, Israel aid, but bill faces tough path through House
House Speaker Mike Johnson on Monday said that the latest iteration of the bill had failed to meet Republican demands on border security.
London lags behind rest of Europe when it comes to 5G network quality, report finds
London ranks 10th for 5G quality of experience in Europe, according to a new report from fixed and mobile network benchmarking firm MedUX.
Travel giant TUI smashes earnings expectations as investors decide on London exit
German travel giant TUI on Tuesday posted a quarterly operating profit of 6 million euros ($6.46 million) on the back of upbeat travel demand.
CNBC Daily Open: Key inflation data looms with rate cuts in focus
Wall Street gets its first look at U.S. inflation on Tuesday when the consumer-price index for January is published.
Stock gains to survive a market correction if rate cuts are delayed, one economist says
Despite a “correction” as markets re-price rate expectations, 2024 should see solid equity returns, Allianz’s chief economist told CNBC.
Super Bowl 58 was most-watched television show ever with 123 million viewers
Sunday’s big game featured two of the best teams in the NFL, a halftime show from Usher, wacky commercials and, of course, a very public love story.
