January wholesale prices rise more than expected, another sign of persistent inflation
The producer price index was expected to increase 0.1% in January, according to economists surveyed by Dow Jones.
Hindenburg’s latest short target Temenos rejects allegations as share price tumbles
Temenos shares slid following allegations of accounting misconduct by short-seller Hindenburg Research, which the Swiss software company denies.
British retail rebound provides some hope for recession-hit economy
Sales rebounded by 3.4% after a grim December, as shoppers sought out sales.
Jailed Putin opponent Alexei Navalny has died, Russian media says
Navalny, 47, was an anti-corruption campaigner and one of Russian President Vladimir Putin’s most vocal critics.
Labour opposition deals another historic blow to UK PM Rishi Sunak with by-election defeats
U.K. Prime Minister Rishi Sunak’s ruling Conservative Party suffered another crushing double by-election defeat on Thursday.
Insurance giant Swiss Re posts 580% jump in full-year profit, warns consumers about climate costs
Swiss Re CEO Christian Mumenthaler warned that the price of the climate crisis would soon be at the door of consumers for the first time.
Coinbase shares surge after posting first quarterly profit in two years
Shares of cryptocurrency exchange Coinbase soared Friday after the company reported its first profit in two years.
Singapore pledges to support households and companies as costs rise; expects budget surplus in 2024
The government will provide more vouchers and cash handouts to Singaporean households, as well as rebates for utility bills. Companies will also get corporate tax rebates.
European stocks close higher; UK retail sales outperform; NatWest up 7% after profit beat
European stocks closed higher on Friday, rounding off a solid week.
CNBC Daily Open: Concerns over sluggish U.S. consumer spending
Americans tightened their spending at the start of this year after the usual holiday season splurge.
