Deutsche Bank is shifting its perspective on shares of Bank of America and JPMorgan as macro uncertainties loom.
Live updates: U.S. announces new aid to Ukraine; Zelenskyy rejects Russia’s cease-fire as a ‘cover’
The move by Putin may have been designed to cast Ukraine in a negative light, analysts say.
Euro zone inflation rate slides to 9.2% as energy price surge cools
Headline inflation came in at 9.2% year-on-year in December, according to preliminary data. It follows November’s headline inflation rate of 10.1%.
Saudi Arabia’s cash splurge on soccer could cause ripple effects across the sports world
Soccer superstar Cristiano Ronaldo’s move to Saudi club Al-Nassr, and the Kingdom’s growing investments in the sport, could have ripple effects across Europe and the U.S.
Tesla suppliers’ shares jump as electric automaker cuts prices for some models in China
Tesla slashed prices of some models in China for a second time in 3 months, and shares of Chinese suppliers closed higher on hopes of improved demand.
Shell to pay $2 billion in additional EU, UK taxes for the fourth quarter
Oil and gas major Shell said Friday it expects to pay an extra $2 billion in “recently announced additional taxes” for the fourth quarter in the EU and U.K.
Bills-Bengals game postponed after Damar Hamlin’s cardiac arrest won’t be made up, NFL says
The NFL said a special league meeting would be held to address scenarios for the playoffs, NBC News reports.
China’s big cities are starting to look past Covid, while rural areas brace for infections
China will likely be able to live with Covid-19 by the end of March, based on how quickly people have returned to the streets, according to Macquarie.
Energy will be the big winner of 2023, investor says — and names the stocks to cash in
Veteran investor Louis Navellier explains why he’s “very bullish” on energy stocks.
U.S. Senate Commerce chair plans hearings after Southwest Airlines meltdown
U.S. Senate Commerce Committee chair Maria Cantwell on Wednesday said the panel intends to hold hearings after Southwest Airlines’ recent meltdown.