7-Eleven’s parent company cuts full-year earnings forecast, presses ahead with restructuring
The news comes as the Japanese retail group resists a takeover attempt by Canada’s Alimentation Couche-Tard.
Ripple launches crypto storage services for banks in bid to diversify
Ripple said it is launching a slew of features aimed at helping banks and fintechs store digital tokens — as part of a broader push into crypto custody.
European markets close lower following hotter-than-expected U.S. inflation data; GSK gains 3%
European markets slipped Thursday as investors digested higher than expected U.S. inflation data.
China cannot represent Taiwan and should work with Taipei on global challenges, Lai says
Taiwan doesn’t accept China’s representation but is open to cooperating on global issues like climate change, President Lai Ching-te said.
Tributes pour in for Ratan Tata from industry titans and politicians
Tata is credited with taking his business house global via several high-profile acquisitions including that of Jaguar-Land Rover in 2008.
Former Pfizer CEO, finance chief step back from Starboard’s activist campaign
The about face comes as the board grapples with the activist’s efforts, and just days before Starboard’s Jeff Smith was slated to meet with the CEO, sources said.
He flies business and first class multiple times a year — all on credit card points
Flying business and first class may seem out of reach for most travelers, but a right mix of credit cards can speed up the journey to those coveted cabins.
Asia-Pacific markets gain ahead of U.S. inflation data; China stocks resume rally
Asia-Pacific markets traded higher after the S&P 500 and Dow Jones Industrial Average shook off geopolitical concerns and reached new highs.
These cheap stocks are outperforming, and analysts give 5 more than 20% upside
CNBC Pro screened for global stocks that have outperformed the MSCI World index, but still look cheap based on their forward price-to-earnings ratios.
Microsoft faces disruption from AI, says outperforming fund manager dumping the stock
Yet Wall Street analysts expect Microsoft to rise by 20% over the next 12 months.
