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Financial News Around the World

Ferrari’s $400,000 Purosangue is a dream to drive. Just don’t call it an SUV

The Purosangue, its name meaning “pure blood” or “thoroughbred” in Italian, comes with a 7.5-liter, V-12 engine.

Published 7 December 2023
Categorised as Finance News

Ferrari’s $400,000 Purosangue is a dream to drive—just don’t call it an SUV

CNBC’s Robert Frank takes Ferrari’s first ever four-door car for a test drive. The Purosangue, or thoroughbred in Italian, is a V12 Ferrari designed with passenger doors and additional cargo space for peak utility as a daily driver.

Published 7 December 2023
Categorised as Finance News

Stocks making the biggest moves premarket: AMD, Dollar General, Rivian, GameStop, Chewy and more

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

Published 7 December 2023
Categorised as Finance News

China’s economy has a ‘steep hill to climb’ despite positive export surprise, HSBC says

The Chinese economy still has a “steep hill to climb” despite a surprise pickup in exports and is unlikely to be bolstered by further fiscal stimulus, according to HSBC’s chief Asia economist.

Published 7 December 2023
Categorised as Finance News

Fine wine is maturing as an alternative asset class

Fine wine is becoming an increasingly lucrative medium-term investment, providing investors with an alternative source of returns. CNBC’s Karen Gilchrist provides a taste of the market.

Published 7 December 2023
Categorised as Finance News

Robinhood launches crypto trading service in the EU

Robinhood on Thursday launched its crypto service in the European Union, allowing users to buy and sell a range of over 25 digital currencies.

Published 7 December 2023
Categorised as Finance News

Why fine wine is whetting investors’ appetites

With low correlation to the global stock market, a good collection of fine wine can be an excellent accompaniment to your investment portfolio. CNBC’s Karen Gilchrist reports.

Published 7 December 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Chewy, Verint, GameStop and more

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

Published 6 December 2023
Categorised as Finance News

Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans

The heads of America’s largest banks, including JPMorgan Chase, Bank of America and Goldman Sachs are seeking to dull the impact of the new rules.

Published 6 December 2023
Categorised as Finance News

IRS rejects more than 20,000 refund claims for pandemic-related tax credit

The IRS is sending more than 20,000 rejection letters to taxpayers who wrongly claimed the employee retention tax credit. Here’s what filers need to know.

Published 6 December 2023
Categorised as Finance News

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