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Financial News Around the World

Category: Finance News

Microsoft’s $69 billion Activision Blizzard takeover approved by UK, clearing way for deal to close

Britain’s top competition watchdog gave the green light to Microsoft’s proposed $69 billion takeover of gaming firm Activision Blizzard Friday.

Published 13 October 2023
Categorised as Finance News

JPMorgan Chase is set to report third-quarter earnings — here’s what the Street expects

JPMorgan will be watched closely for clues on how the industry fared amid surging interest rates and rising loan losses.

Published 13 October 2023
Categorised as Finance News

China’s exports and imports drop again in September

China’s trade slumped this year amid lackluster global demand for Chinese good and muted domestic demand.

Published 13 October 2023
Categorised as Finance News

A photographer ‘accidentally’ found a way to help hundreds of dogs get adopted

Rachael Rodgers takes rescue dogs on road trips. Her photos of them — hiking and kayaking in the Canadian wilderness — have helped nearly all find new homes.

Published 13 October 2023
Categorised as Finance News

Interest rates take center stage with banks set to report quarterly results

Bank stocks remain under pressure due to high-interest rates, as financial firms like Club holdings Wells Fargo and Morgan Stanley kick off earnings season.

Published 12 October 2023
Categorised as Finance News

Target shares get upgrade from Bank of America. Here’s what the pros have to say

Pros on CNBC discussed Target after the retail chain was upgraded to buy from neutral at Bank of America.

Published 12 October 2023
Categorised as Finance News

Bank earnings kick off with JPMorgan, Wells Fargo amid concerns about rising rates, bad loans

Higher rates are expected to lead to a jump in losses on banks’ bond portfolios and contribute to funding pressures.

Published 12 October 2023
Categorised as Finance News

Leon Cooperman expects very little from the market and is only interested in individual stocks

Billionaire investor Leon Cooperman remains a bear with little interest in the broader stock market, which he says underestimates the risk of a fiscal crisis.

Published 12 October 2023
Categorised as Finance News

Getting to 2% inflation won’t be easy. This is what will need to happen, and it might not be pretty

In theory, getting inflation closer to the Fed’s target doesn’t sound terribly difficult. In practice, it could be a different story.

Published 12 October 2023
Categorised as Finance News

Despite economic uncertainty, you can still build and preserve generational wealth, experts say

Despite economic uncertainty, it’s still possible to build and preserve generational wealth, according to experts at CNBC’s Financial Advisor Summit.

Published 12 October 2023
Categorised as Finance News

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