London’s famed BT Tower sold to U.S. hotel group for $347 million
The tower once carried telecommunications signals from London to the rest of the country.
China tightens reins on quant trading after three-day ban on fund
The stock exchanges of key financial hubs Shanghai and Shenzhen issued notices late Tuesday announcing they will deepen their scrutiny of market trades conducted by quant funds.
UK posts record budget surplus in January
The U.K. logged a £16.7 billion ($21.1 billion) net budget surplus in January, official figures showed, the largest since monthly records began in 1993.
CNBC Daily Open: Is the final leg of inflation fight the hardest?
Economists continue to push that notion in the face of recent troubling economic data.
Glencore’s 2023 earnings halve on lower commodity prices
After two consecutive record years, adjusted earnings before interest, tax, depreciation and amortisation halved, in line with analyst expectations.
Africa’s largest economy is battling a currency crisis and soaring inflation
With inflation nearing 30% and its currency hitting an all-time low, Nigeria is facing one of its worst economic crises in years.
Turkey is back in from the cold with NATO and F-16 moves, but thorny issues remain
Turkey seemingly has a unique position that allows it to push the envelope and cross lines with its NATO allies.
HSBC posts record annual profit but misses estimates on China write-down, shares tumble 7%
The London-based lender suffered a “valuation adjustment” of $3 billion on its stake in Bank of Communications.
Shares of supplier TSMC, chip equipment maker ASML fall ahead of Nvidia’s earnings report
Wall Street will parse commentary from Nvidia CEO Jensen Huang for an indication of how long the company’s massive growth can last.
Meta’s Mark Zuckerberg to visit South Korea
Meta’s Zuckerberg is planning to visit South Korea and is scheduling key meetings during his trip, Meta said in a statement on Wednesday without elaborating.
