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...
domestic-business
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...
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...
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...
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...
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...
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...
Hong Kong and Macao will fully reopen borders with mainland China | CNN Business
Hong Kong CNN — China will fully reopen borders with its special administrative regions of Hong Kong and Macao next...
Why a tiny American firm is taking aim at an Indian conglomerate | CNN Business
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign...
A first generation iPhone going up for auction hopes to fetch $50,000 | CNN Business
New York CNN — An unopened first-generation iPhone from 2007 is hitting the auction block Thursday – with an estimated...
Blackouts and soaring prices: Pakistan’s economy is on the brink | CNN Business
Islamabad/London CNN — Muhammad Radaqat, a 27-year-old greengrocer, is worried. He doesn’t know how much an onion will cost next...
Australia’s new $5 note won’t feature King Charles | CNN Business
Brisbane CNN — Australia’s new $5 banknote will not feature Britain’s King Charles III, but rather a new design that...
Netanyahu outlines vision for two-state solution — without Palestinian sovereignty | CNN
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside...
Britain hit by biggest day of strikes in a decade as pay disputes escalate | CNN Business
London CNN — As many as half a million workers are striking across Britain on Wednesday, closing schools, canceling university...
French workers bring Paris to a standstill in second mass strike over pension reforms | CNN Business
Paris/London CNN — French schools and transportation networks were heavily disrupted Tuesday for the second time this month, as unions...
