world
Bank of England cuts interest rates, in welcome Christmas boost for consumers
The Bank of England voted to cut interest rates from 4% to 3.75% in its last monetary policy move of 2025. Source link
Eli Lilly says obesity pill helps maintain weight loss after patients switch from Wegovy, Zepbound
Eli Lilly also said it has filed for Food and Drug Administration approval of the daily GLP-1 pill, called orforglipron, for obesity. Source link
BP has appointed its fourth CEO in 6 years – but will she be radically different?
The oil giant has replaced Murray Auchincloss after less than two years. But Steve Sedgwick argues it’s not a fundamental course correction. Source link
Bank of Japan is poised to raise rates to a 30-year high despite economic weakness
Experts say that investors should look for the BOJ’s communication around its terminal rate, pace of rate hikes, and the weak yen. Source link
CNBC Daily Open: Oracle's debt seems to be affecting data center funding
Despite the recent pullback in artificial intelligence stocks, the Bank of America thinks “the AI trade may still have room to run into 2026.” Source link
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. Source link
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. Source link
Tariffs was the hot topic of 2025. See the full list of U.S. duties around the world
Tariffs on dozens of key U.S. trading partners are in effect, but uncertainty remains. Source link
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. Source link
Edinburgh Worldwide Investment Trust urges shareholders to throw out Boaz Weinstein's bid to overhaul board
The Baillie Gifford-run trust faces a boardroom battle with activist investor Boaz Weinstein’s Saba Capital. Source link