British fintech Revolut hits record revenue, profit tumbles
British fintech Revolut’s revenue rose 45% to a record 923 million pounds.
UK inches closer to technical recession as growth is revised down
The U.K. is edging closer to technical recession after revised figures showed the economy shrank in the previous quarter.
Europe has record gas stocks for this winter — but consumers still face historically higher bills
Wholesale gas markets continue are pricing in geopolitical risk, and concerns persist about future storage despite current healthy levels.
CNBC Daily Open: Markets rebound to welcome Santa Claus rally
In a sign of strength, major indexes rebounded off their worst day in months on Wednesday to rise again yesterday.
A freeway was built through her family’s farm. Now her company makes millions from rest stops on its route—and King Charles III is a fan
A motorway cut through the Dunning family’s remote farm in the U.K., so they opened a rest area on its route. Their company now makes $160 million a year.
Tencent loses over $43 billion in market value after China proposes new online gaming rules
Netease and Bilibili shares also plunge in Hong Kong after Beijing released draft guidelines aimed at curbing excessive gaming and spending.
India’s lab-grown diamonds may be ‘value for money,’ but natural diamonds won’t lose their sparkle
Demand for lab-grown diamonds in India has grown steadily, but naturally mined diamonds won’t be losing their sparkle any time soon, industry experts say.
Top China, U.S. military leaders hold first meeting in more than a year
This conversation occurred just weeks after President Joe Biden and President Xi Jinping agreed to resume high-level military communication.
China’s EV and chip giants need workers — not necessarily college grads
China’s vocational school push is producing workers the country’s electric car and semiconductor industries want to hire.
Asia markets rise ahead of Christmas weekend as Japan inflation slows
Investors will be watching Japan’s November inflation numbers, as well as the minutes of the Bank of Japan’s October meeting
