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Financial News Around the World

Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds

Wefox, which sells insurance plans online, raised $55 million in debt financing from Deutsche Bank and Unicredit, sources familiar with the matter told CNBC.

Published 3 November 2023
Categorised as Finance News

Elon Musk says AI will eventually create a situation where ‘no job is needed’

The billionaire technology leader said late Thursday that AI will have the potential to become the “most disruptive force in history.”

Published 3 November 2023
Categorised as Finance News

One paycheck not enough: Digital bank Current finds almost half its customers have multiple jobs

The need for second — and often third — incomes is mounting, according to Current CEO Stuart Sopp.

Published 2 November 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Apple, Live Nation, Insulet, Paramount Global, Expedia and more

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

Published 2 November 2023
Categorised as Finance News

Starbucks quarterly earnings beat was fueled by higher prices. Here’s how to play the stock

Pros on CNBC discussed Starbucks after the company reported fiscal Q4 earnings that beat on both earnings and revenue.

Published 2 November 2023
Categorised as Finance News

Block shares surge after earnings beat and strong Square, Cash App growth

There was particularly strong growth in Block’s payment platform, Cash App, and its point-of-sale suite, Square.

Published 2 November 2023
Categorised as Finance News

Here’s what to watch in Friday’s big October jobs report

Economists surveyed by Dow Jones are expecting jobs growth of just 170,000 in October, down from 336,000 the previous month.

Published 2 November 2023
Categorised as Finance News

Stocks making the biggest moves midday: Starbucks, Roku, Eli Lilly, Affirm and more

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

Published 2 November 2023
Categorised as Finance News

Bank of England governor says Israel-Hamas conflict poses risks to inflation fight

Bank of England Governor Andrew Bailey said the ongoing Israel-Hamas war poses a potential risk to the bank’s efforts to bring down inflation.

Published 2 November 2023
Categorised as Finance News

Amazon to unveil buy now, pay later option from Affirm for small business owners

Amazon is rolling out its first buy now, pay later checkout option for small business owners via fintech player Affirm, CNBC has learned.

Published 2 November 2023
Categorised as Finance News

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