BTS agency HYBE buys stake in its K-pop rival | CNN Business
Seoul/Hong Kong CNN — HYBE, the management agency behind superstar boy band BTS, will become the biggest shareholder of its...
Business
A subsidy arms race is kicking off between Europe and America | CNN Business
London CNN — When US President Joe Biden signed the Inflation Reduction Act into law, he enacted the biggest climate...
Nigerian tech entrepreneur has Sheffield United in his sights | CNN
CNN — Nigerian tech entrepreneur Dozy Mmobuosi has “made a deposit” to buy Sheffield United, in a takeover that would...
Lyft shares fall nearly 25% after forecasting revenue below estimates | CNN Business
Reuters — Lyft (LYFT) on Thursday forecast current-quarter revenue below Wall Street estimates, blaming extremely cold weather in some of...
Rent for a Manhattan apartment remains mind-bogglingly high | CNN Business
Washington CNN — Even as rents are cooling in some parts of the country, it has never cost more to...
Europe is Ukraine’s ‘home,’ Zelensky tells EU lawmakers in emotional address | CNN
CNN — Ukrainian President Volodymyr Zelensky made a heartfelt appeal to lawmakers in Brussels on Thursday to allow his country...
Alibaba is launching a ChatGPT rival too | CNN Business
Hong Kong CNN — Alibaba says it will launch its own ChatGPT-style tool, becoming the latest tech giant to jump...
TikTok’s Secret Sauce Poses Challenge for U.S. Oversight, Researchers Say
U.S.Concerns mount over TikTok’s plan to address potential Chinese influence over what videos Americans see Source link
British postal service unveils first stamps featuring King Charles III | CNN Business
CNN Business — The first stamps featuring King Charles III were unveiled on Wednesday by the Royal Mail, the British...
Chinese savers stashed away $2.6 trillion last year but property crash will cool ‘revenge spending’ | CNN Business
Hong Kong CNN — Even for a famously frugal nation, Chinese people saved a lot last year. Stuck at home...
South Africa is in the midst of crisis. So why did its government want to spend a reported $58 million on sponsoring a UK soccer club? | CNN
CNN — When plans for the South African government’s tourism board to sponsor English Premier League club Tottenham Hotspur were...
Global ransomware campaign has US and European officials on alert | CNN Politics
Washington CNN — A new global ransomware campaign has hit at least 3,800 victims, including hundreds in the US, according...
WSJ News Exclusive | Meta Pursues Teen Users as Horizon Metaverse App Struggles to Grow
The Facebook parent’s updated strategy for the fledgling app includes opening it up to teens aged 13 to 17. Source...
Australia’s central bank signals more tightening ahead after hiking rates to decade high | CNN Business
Sydney Reuters — Australia’s central bank raised its cash rate by 25 basis points to a decade-high of 3.35% on...
Foxconn January sales hit record high after production restored at world’s biggest iPhone factory | CNN Business
Hong Kong CNN — Apple supplier Foxconn says its January monthly sales hit a record high as it bounced back...
The world is creating more single-use plastic waste than ever, report finds | CNN Business
Brisbane, Australia CNN — The world is producing a record amount of single-use plastic waste, mostly made from polymers created...
Larry Summers: More likely the Fed can pull off a soft landing, but don’t get hopes up | CNN Business
New York CNN — After a shocking jobs report, Larry Summers, treasury secretary under Bill Clinton, said he is more...
Did investors learn nothing from last year’s market meltdown? | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Adani Offshore Investor Has Links to Adani Family
BusinessAsiaA short seller’s allegations of fraud by Gautam Adani’s conglomerate center on whether his family wielded influence over Mauritius-based investors...
US, EU, G7 and Australia announce new price cap on Russian petroleum products | CNN Politics
CNN — The US and allies are trying to further limit Russia’s ability to make money and finance its war...
