Uncertainty about the future of Covid treatments will likely hurt Pfizer in the near-term, according to analysts at Wells Fargo.
China’s economy could recover faster and earlier than expected, analysts say
China may have marked one of the worst years of economic growth on record, but its shorter-term data showed things might get better sooner.
UK house prices to fall by up to 10% this year, Lloyds Bank CEO says
U.K. house prices will fall by up to 10% this year, as higher mortgage rates and the broader cost of living crisis curtail home buying, Lloyds Bank CEO Charlie Nunn told CNBC on Tuesday.
Boris Pistorius to become Germany’s next defense minister
he interior minister of the state of Lower Saxony, Boris Pistorius, will become Germany’s next defense minister, the government said Tuesday.
John Kerry says ‘money, money, money’ is needed most to tackle climate change
The U.S. special presidential envoy for climate was speaking at the World Economic Forum in Davos.
Chinese travelers are returning to Singapore, but a full recovery is not expected this year
Singapore is welcoming travelers from China, but tourist numbers may return to just 30%-60% of pre-pandemic numbers by year-end.
IMF chief: Growth will bottom out in 2023 and bounce back next year
IMF Managing Director Kristalina Georgieva told CNBC Tuesday that the days of her institution giving global growth downgrades are over.
Ukraine war live updates: Zelenskyy says Russia used anti-ship missile on residential building; Biden speaks to top Dutch, German officials
Ukraine has said the battle for Soledar continues, but noted that Russian troops are trying to advance toward nearby Bakhmut.
Market environment was one of the worst imaginable in 2022, insurer Allianz says
The CEO of Allianz said the German insurer proved to be “very resilient” through what he described as one of the worst environments imaginable in 2022.
Top business leaders discuss financial innovation at the World Economic Forum
Moderated by CNBC’s Steve Sedgwick, top business leaders discuss at Davos, Switzerland, how financial actors respond to ongoing disruptions while keeping pace with technological advancement.