World

Singapore’s F1 Grand Prix in 2022. 2022. Bryn Lennon – Formula 1 | Formula 1 | Getty Images Take an elite field of world-class racing experts. Ask them to spend fewer dollars toward beating their bitter rivals. The result, it turns out, is a slate of newly investable assets. That’s …

Aermacchi MB-339 trainer aircraft of the Fursan al-Emarat (UAE Knights) aerobatics team release smoke as they fly over with an Emirates Airbus A380-861 jetliner aircraft during the 2023 Dubai Airshow at Dubai World Central – Al-Maktoum International Airport in Dubai on November 13, 2023.  Giuseppe Cacace | Afp | Getty …

Pedestrians walk past a Burberry Group Plc store, left, in the Causeway Bay shopping district of Hong Kong, China. Xaume Olleros | Bloomberg | Getty Images LONDON — Burberry shares plunged 9% on Thursday after the British luxury fashion retailer warned that full-year operating profit will come in at the …

WOODSIDE, CALIFORNIA – NOVEMBER 15: U.S. President Joe Biden delivers remarks at a news conference at the Filoli Estate on November 15, 2023 in Woodside, California. The news conference follows a meeting between Biden and Chinese President Xi Jinping during the Asia-Pacific Economic Cooperation (APEC) Leaders’ week, their first since …

Traders work on the floor of the New York Stock Exchange (NYSE) on November 15, 2023 in New York City.  Spencer Platt | Getty Images News | Getty Images Markets seem to have taken this week’s positive economic data as the all-clear signal for the Federal Reserve to start cutting …

BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping met Wednesday outside of San Francisco in their first face-to-face encounter in a year. The summit, on the sidelines of the Asia-Pacific Economic Cooperation conference, followed efforts between the U.S. and China to increase high-level communication amid continued tensions. …

Red Bull’s Max Verstappen celebrates after winning the Brazilian Grand Prix on Nov. 5, 2023. Amanda Perobelli | Reuters Red Bull Racing’s dominance in Formula 1 this year is translating directly to higher sales of its namesake energy drink, the team’s principal and CEO, Christian Horner, told CNBC. “There’s an …

Satya Nadella, CEO of Microsoft CNBC Microsoft on Wednesday announced a slew of new capabilities coming to the Copilot artificial intelligence add-on for its Microsoft 365 productivity applications. In the year since Microsoft-backed OpenAI introduced the popular ChatGPT virtual assistant, companies have expressed interest in how AI might make their …

Solar panels create electricity on the roof of a house in Rockport, Massachusetts, U.S., June 6, 2022. Picture taken with a drone.  Brian Snyder | Reuters Solar stocks could rebound in the second half of 2024 after taking a beating this year, though the industry’s recovery depends largely on whether …

Wholesale prices in October posted their biggest decline in 3½ years, providing another indication that the worst of the inflation surge may have passed. The producer price index, which measures final-demand costs for businesses, declined 0.5% for the month, against expectations for a 0.1% increase from the Dow Jones consensus, …