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Financial News Around the World

Huawei’s trifold phone is proving popular among Apple iPhone fans in Beijing

Out of 10 people CNBC talked to, eight said they are interested in both the new Huawei and Apple phones.

Published 20 September 2024
Categorised as Finance News

Britain’s ultra-wealthy are threatening to exit en masse ahead of proposed tax changes

Labour’s plans to axe the U.K.’s non-dom tax regime could spark an ultra wealthy exodus, advisers and research bodies have warned.

Published 20 September 2024
Categorised as Finance News

Stocks making the biggest moves after hours: Nike, FedEx, Lennar and more

These are the stocks posting the largest moves in extended trading.

Published 19 September 2024
Categorised as Finance News

Stocks making the biggest moves midday: Tesla, Mobileye Global, Darden Restaurants and more

These are the stocks posting the largest moves in midday trading.

Published 19 September 2024
Categorised as Finance News

The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means

Asset prices soared as investors took Powell at his word that the outsized rate cut wasn’t in response to a substantial economic weakening.

Published 19 September 2024
Categorised as Finance News

Tesla’s Chinese rival Nio cuts price for new Onvo-branded car

There’s yet another Chinese electric car aiming to undercut Tesla, with a steeper discount.

Published 19 September 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Darden Restaurants, Nvidia, DoorDash, Coursera and more

These are the stocks posting the largest moves in premarket trading.

Published 19 September 2024
Categorised as Finance News

Bank of England presses pause on rate cuts, highlights ‘gradual approach’

The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.

Published 19 September 2024
Categorised as Finance News

What buying Commerzbank would mean for UniCredit — and the banking sector

Analysts have welcomed the move by UniCredit, particularly because a tie-up between the two banks might spur more M&A activity in Europe’s banking sector.

Published 19 September 2024
Categorised as Finance News

Ray Dalio calls upcoming U.S. election the most consequential of his lifetime

Speaking to CNBC’s “Squawk Box Asia” on Thursday, the founder of Bridgewater Associates explained that what the U.S. needs is “broad-based prosperity.”

Published 19 September 2024
Categorised as Finance News

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