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Category: Finance News
Shipping giant Maersk unveils ‘trendsetter’ green vessel as it aims to be carbon neutral by 2040
Shipping giant Maersk on Thursday presented its first container vessel moved with green methanol.
What is shadow banking? Unpacking the risks for China
China’s real estate market woes have again drawn attention to the world of shadow banking and the risks it poses to the economy.
Apple falls 1.2% after unveiling new iPhone. Here’s what the pros say to do next
Pros on CNBC discussed Apple after the company launched new products Tuesday and hiked iPhone prices in China, Japan and India.
Elon Musk’s ‘enraging qualities’ are key to his success, says biographer
Elon Musk’s reckless streak can’t be separated out from his track record of innovation at companies like Tesla and SpaceX, says biographer Walter Isaacson.
Stocks making the biggest moves midday: Citigroup, Adobe, Corteva and more
These are the stocks posting the largest moves in midday trading.
Bank stocks have come to life recently. But Jim Cramer explains why the rally may not last
That’s because, according to Jim Cramer, investors are focusing their attention on big banks, rather than smaller regionals.
Citigroup CEO Jane Fraser reorganizes businesses, cuts jobs as bank is mired in stock slump
Citigroup CEO Jane Fraser, approaching her third year atop the bank, announced sweeping changes Wednesday. The bank’s stock is mired in a multi-year slump.
August core inflation, excluding food and energy, rose 0.3%, hotter than expected
The consumer price index was expected to increase 0.6% in August and 3.6% from a year ago, according to the Dow Jones consensus estimate.
Stocks making the biggest moves premarket: Moderna, American, Spirit Air, Ford and more
These are some of the stocks posting the largest moves in premarket trading.