Adidas shares climb after boost from Yeezy sales, guidance raise
Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy inventory.
These are the 50 best bars in the world for 2023 — another Barcelona bar tops the list
The 2023 ranking of The World Best Bars is out and a Barcelona bar is once again the best in the world as Europe continues to dominate the list.
Putin meets ‘dear friend’ Xi in Beijing. Here are the top 3 takeaways
Russian President Vladimir Putin tops a list of more than 100 dignitaries in Beijing this week at China’s third Belt and Road Initiative forum.
Apple supplier Foxconn says it’s ‘way too late’ to chase dominance in cutting-edge chips
Apple iPhone supplier Foxconn said that its semiconductor strategy is to focus on specialty chips, instead of competing in the race for cutting-edge chips.
UK inflation holds steady for September after Bank of England pauses rate hikes
U.K. inflation came in at 6.7% in September, slightly ahead of expectations and unchanged from the previous month.
CNBC Daily Open: Consumers in U.S. and China are powering their economies
September retail sales in the U.S. and China came in higher than expected. For China, that’s a good thing. For the U.S., it stoked fears of high rates.
Shares of critical chip firm ASML drop 4% after new U.S. curbs, outlook warning
ASML reported a decline a profit decline in the third quarter but beat estimates as it forecast 2024 revenue to be flat.
‘No question’ that the decarbonization of shipping will contribute to inflation, says industry CEO
EU rules that effectively tax shipping lines for emissions would cause consumer costs to rise, said Bertrand Chen from the Global Shipping Business Network.
Baidu’s newest AI model Ernie 4.0 fails to wow investors, but analysts maintain ‘buy’ ratings
While analysts are bullish on Baidu’s latest version of generative artificial intelligence model, shares of the Chinese tech giant dropped on Tuesday.
Russia’s Putin speaks at China’s Belt and Road forum in rare international appearance
Russian President Vladimir Putin said the Belt and Road idea “folds logically within multilateral efforts” to increase global cooperation.
