world
Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
The annual inflation rate as measured by the CPI was expected to be 3.1% in September, according to the Dow Jones consensus estimate. Source link
What a cut in Reliance's Russian crude purchases would mean for India
Reliance cutting back on Russian crude import may impact the firm, but could smooth the way for a U.S.-India trade deal. Source link
Hedge fund assets reach historic $5 trillion as quarterly capital flows hit 18-year high
Hedge funds assets have reached an all-time high, as quarterly investor allocations grew to their biggest level since 2007. Source link
EU says TikTok and Meta broke transparency rules under landmark tech law
The European Commission said it had preliminarily found that both tech giants had breached their obligations under the Digital Services Act. Source link
European stocks lower despite earnings; Saab up 7.8% amid defense boom
With earnings season well underway, investors are monitoring a swathe of reports. Source link
CNBC Daily Open: Trump's handprints on the U.S. economy
Trump’s dealings and proclivity for acquiring stakes in U.S. companies has very faint echoes of China’s developmental agenda meeting. Source link
Trump to meet China's Xi for the first time in second term as trade deal remains elusive
The confirmation of a Trump-Xi meeting signaled an intent to de-escalate tensions and put negotiations back on track, analysts said. Source link
China strikes conciliatory tone ahead of expected Trump-Xi meeting
Chinese Commerce Minister Wang Wentao told reporters Friday that the U.S. and China can still find ways to work together, and that Beijing opposes decoupling. Source link
Trump says all U.S. trade negotiations with Canada are terminated
President Trump claimed Canada had ran an ad featuring former President Ronald Reagan talking about tariffs to influence a pending U.S. Supreme Court case. Source link
CNBC Daily Open: U.S.' 4-year economic plan, with a Trump twist?
Trump’s dealings and proclivity for acquiring stakes in U.S. companies has very faint echoes of China’s developmental agenda meeting. Source link