CNBC’s Inside India newsletter: Why the India-U.S. trade deal remains elusive
Despite strong economic and strategic reasons, the absence of political will remains the biggest hurdle in closing of India-U.S. trade deal.
BP names Meg O’Neill as new CEO — its fourth in 6 years
BP’s share price is up over 15% year-to-date. It made gains in the previous session and after hours trading as investors responded to the news.
European markets set to open lower ahead of central bank bonanza
European stocks are expected to open in negative territory on Thursday as traders prepare for central bank decisions today.
U.S. approves largest ever arms sale to Taiwan as tensions simmer around the island
The package consists of items like artillery systems, antitank missiles, as well as spare parts for helicopters and anti-ship missiles.
SoftBank leads decline in Japanese tech stocks as worries over AI spending spill over to Asia
The tech-heavy Nasdaq Composite slipped 1.81%, dragged by losses in Oracle, Broadcom, Nvidia and other AI names.
November’s inflation report is the first to be released after the shutdown. Here’s what to expect
November’s CPI report is expected to show the annual inflation rate at 3.1%, according to economists polled by Dow Jones.
U.S. admits liability in Army helicopter collision with American Airlines jet that killed 67 people
The U.S. admitted fault in the deadly Army Black Hawk helicopter collision on Jan. 29 that killed all 67 people on board.
Instacart shares drop on report that FTC is probing company over AI pricing tool
The FTC sent a civil investigative demand to Instacart, Reuters reported, citing unnamed people.
Coinbase adds prediction markets and stock trading in push to be one-stop trading app
Coinbase is expanding into stocks, advanced trading, prediction markets, and new tools for businesses, developers, and automated financial guidance.
From Starbucks to Burger King: Why Western food giants are selling large stakes to Chinese private equity funds
Starbucks and Burger King are betting big on a partnership model that’s gaining traction in China, divesting stakes to local PE firms as competition intensifies.