The bank no longer expects to reach its 4.7 billion euro 2024 cost saving target due to rising inflation and anti-money laundering measures.
White House to detail plans restricting some U.S. investments in China: source
The plans are aimed at preventing U.S. capital and expertise from helping develop tech that could support China’s military modernization and threaten U.S. national security.
China hawk says Beijing could attack Taiwan by 2024, bringing ‘war to the West’
Prominent China hawk Kyle Bass told CNBC Tuesday that he believes Chinese President Xi Jinping is determined to “bring war to the West,” with an invasion of Taiwan likely by 2024.
China’s consumer prices fall for the first time in 2 years, as fears of deflation grow
Lackluster domestic demand has persisted since the pandemic.
Eli Lilly CEO on meeting demand for expected obesity drug Mounjaro: ‘It’s my top priority’
Eli Lilly CEO Dave Ricks told CNBC’s Jim Cramer about how the company plans to keep up with demand for its drugs.
Forget ‘quiet quitting’ — ‘loud laborers’ are killing workplace morale. Here’s how to spot them
‘Loud laborers’ are employees who place more emphasis on making their work known, rather than “focusing on the work itself,” said workplace expert Nicole Price.
Indian automaker Mahindra says competition from Tesla ‘does not faze us’
Anish Shah, the managing director and CEO of the Mahindra Group, said the company isn’t worried about global competition in India’s Electric Vehicle market, including Tesla.
Penn Entertainment sells Barstool Sports back to founder Dave Portnoy
The outspoken founder of Barstool Sports is once again the owner of his media brand, after buying it back from Penn Entertainment.
PayPal is trying to drag its 435 million users into the $120 billion stablecoin market — here’s why
The company is entering an extremely crowded market already dominated by stablecoins like tether and USDC. Crypto chief Jose Fernandez da Ponte explains why.
Outperforming analysts reveal 2 new oil and gas stock picks — with one expected to rise by 35%
The analysts’ basket of picks has surged by 145% since inception. Now, they have revealed two new stock ideas which they expect to outperfom.
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