Financial insights
U.S. consumer prices fall in December; weekly jobless claims edge down
US consumer inflation slowed again to 6.5% over the past 12 months, easing some pressure on households and economy U.S...
Read moreDetails
Europe’s largest deposit of rare earth metals found in Kiruna, Sweden
The mining company LKAB has made the largest find in Europe of rare earth metals. One million tonnes may be...
Read moreDetails
Wall Street ends sharply higher on optimism before the key inflation report
CPI report due Thursday before the bell Bed, Bath & Beyond extends recent gains Indexes: Dow up 0.8%, S&P 500...
Read moreDetails
Asian shares mixed ahead of key US inflation data
Asian shares are mixed ahead of a closely watched report on U.S. inflation that is viewed as a good indicator...
Read moreDetails
Boeing orders rise to 4-year high but still trail Airbus
Boeing took more than 200 net orders for passenger aeroplanes in December to complete its best year since 2018, but...
Read moreDetails
Sweden is facing its ‘day of reckoning’ as house prices plummet
House prices in Sweden have risen fairly reliably over the last decade, but now they are tumbling. The fall in...
Read moreDetails
Asian shares touch six-month high, focus firmly on U.S. CPI data
Asian shares rose to a six-month high on Wednesday while the dollar steadied, as investors waited for U.S. inflation data for...
Read moreDetails
World Bank: Recession a looming threat for the global economy
The global economy will come “perilously close" to a recession this year, led by weaker growth in all the world's...
Read moreDetails
Rolls-Royce sees record sales in 2022, with no slowdown in spending by the wealthy
Rolls-Royce sold a record number of cars in 2022 as demand for its $500,000 vehicles remained strong, despite recession fears,...
Read moreDetails
Microsoft in talks to invest $10 bln in ChatGPT
Microsoft Corp (MSFT.O) is in talks to invest $10 billion into OpenAI, the owner of ChatGPT, which will value the San Francisco-based...
Read moreDetails