The ARJ21, COMAC's first commercially available plane, was rebranded on Tuesday to the C909. Chen Xiao/VCG via Getty Images China's COMAC is rebranding its regional jet to the C909, keeping with the naming style of its newer C919. That might not get COMAC more C909 sales, but it markets the plane…

Netherlands-based Just Eat Takeaway announced today that it is selling Grubhub to Wonder in a deal valued at $650 million. The company said that it expects the deal to be completed by Q1 2025. “The sale of Grubhub to Wonder will increase the cash generation capabilities of Just Eat Takeaway.com…

The reelection of Donald Trump as president last week brought a wave of jubilation to X (formerly Twitter). The influencers and megadonors who supported the Republican nominee delighted in the defeat of his opponent, Vice President Kamala Harris, while giddily speculating about the extremist…

In This Article: (Bloomberg) -- The yen weakened beyond 155 per dollar for the first time since July, raising the risk that Japan will enter the currency market to try to slow the depreciation. Most Read from Bloomberg The Japanese currency slid as much as 0.4% to 155.15 against the dollar,…

In This Article: (Bloomberg) -- Wonder Group Inc. is buying Grubhub from Just Eat Takeaway.com NV for about $650 million, acquiring the restaurant delivery service at a steep discount to the $7.3 billion price tag it commanded during the early days of the Covid pandemic. Most Read from…

European stocks are expected to open positive territory Wednesday, with global markets focused on upcoming U.S. inflation data. The U.K.'s FTSE 100 index is expected to open 36 points higher at 8,056, Germany's DAX up 38 points at 19,081, France's CAC up 11 points at 7,356 and Italy's FTSE MIB up…

The Chinese authorities are seeking to host a meeting with the representatives of major international economy-focused organizations to discuss its progress and the situation around the globe, the Sout...

The Israeli Defense Forces (IDF) said on Wednesday that it eliminated a militant cell member, Yasser Ghandi, in Gaza's Shejaiya area who allegedly participated in the October 7 attack in Israel that l...

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. U.S. and Asia markets slip U.S. markets retreated on Wednesday after…

Illumio’s Raghu Nandakumara argues that non-user entities represent ‘the next frontier of risk’ in cybersecurity. Read more: Why identity security is having an identity crisis

UK's Smiths Group on Wednesday upgraded its annual organic revenue growth outlook after the engineering firm posted a 15.8% rise in first-quarter revenue. The company now expects full-year organic revenue growth of 5%-7%, up from the original 4%-6% guidance. (Reporting by Shanima A and Chandini…

Bitcoin fell 3.4% in the past 24 hours to trade at $86,855, potentially indicating profit-taking by investors, according to a BRN analyst.

An airstrike by Israeli forces in southern Lebanon has led to the death of eight individuals, according to reports from the Lebanese state news agency NNA. "The National News Agency corresponden...

Swedish payments firm Klarna Group Plc has filed for an initial public offering in the US, ending months of speculation that the company was readying a stock market listing. Most Read from Bloomberg Klarna confidentially submitted a draft registration statement to the Securities and Exchange…

The EU is considering replacing Russian liquified natural gas imports with US shipments — a move that could hit President Vladimir Putin's war chest. Contributor/ Getty Images Trump's presidency may pressure Russia's oil and gas industry. The EU is thinking about replacing Russian LNG with US…

Iranian, Russian Card Payment Systems 'Officially Linked': Tehran Via The Cradle Iranian and Russian card payment systems were formally linked this week, coming as the two nations have been working together to circumvent economic sanctions imposed by Washington and the west. The announcement…

Japan's Seven & i Holdings said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family.

Amid the evolving landscape of U.S.-China trade relations, CATL, one of the world’s largest battery manufacturer, has expressed interest in establishing a manufacturing plant in the United States. What Happened: Robin Zeng, the founder and chairman of CATL, shared this perspective in a recent…

Convenience store operator receives rival buyout offer from members of founding family

Member of the European Central Bank (ECB) Governing Council and Bank of France Governor Francois Villeroy de Galhau indicated on Wednesday that more interest rate cuts could be on the horizon, noting ...

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In This Article: By Kane Wu HONG KONG (Reuters) - Japan's Seven & i Holdings said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family. The statement follows a Bloomberg report that the 7-Eleven owner was considering a management buyout…

On today’s exciting episode of Quick Charge, we’ve got the Vistiq! It’s all-new, three row SUV from Cadillac that packs 650 hp and can go from 0-60 mph in under 3.5 seconds, a serious word from Rivian, and something fishy at Tesla. We’ve also got word that Hertz is selling off even more of its…

Emergency funding deal would give struggling water company £3bn lifeline Thames Water has been teetering on the brink of collapse since being described as “uninvestible” in March when shareholders refused to pour in more cash. The government has been on standby for nationalisation through a…

Swedish fintech ‘confidentially submitted’ documents to SEC

Prelude is a new a new French startup that focuses on SMS verification; it’s coming out of stealth Wednesday. The two founders met when they were working for Zenly, a popular location-sharing app with tens of millions of users that was acquired by Snap (and later shut down). While you might not…

Even before Donald Trump named Elise Stefanik the new U.S. ambassador to the United Nations, the New York representative had touted how the president-elect would return to a "maximum pressure" campaign on Iran. The Wall Street Journal said Trump would "drastically increase" sanctions to "choke…

Revolut, which claims to have over 45 million customers globally, launched Revolut X as its stand-alone exchange in the UK earlier this year.

Why the government's flood insurance program is underwater Major flooding events are increasingly common across the U.S., but homeowners looking for flood insurance will find few choices. The main providers of flood insurance is the U.S. government through the National Flood Insurance Program, or…

The strange way the world's fastest microchips are made This is the story behind one of the most valuable — and perhaps, most improbable — technologies humanity has ever created. It's a breakthrough called extreme ultraviolet lithography, and it's how the most advanced microchips in the world are…

Major European stock markets opened mostly lower on Wednesday as investors' main focus shifted to October's inflation figures from the United States, pivotal statistics in shaping the Federal Reserve'...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Google DeepMind has unexpectedly released the source code and model weights of AlphaFold 3 for academic use, marking a significant advance that could accelerate scientific…

In This Article: DENPASAR, Indonesia (AP) — Several international airlines canceled flights to and from Indonesia’s tourist island of Bali on Wednesday as an ongoing volcanic eruption left travelers stranded at airports. Indonesia’s Mount Lewotobi Laki Laki volcano on the remote island of Flores…

The US Consumer Price Index is set to rise 2.6% YoY in October, faster than September’s 2.4% increase. - Annual core CPI inflation is expected to remain at 3.3% in October. - The inflation data could significantly impact the market’s pricing of the Fed’s interest rate outlook and the US Dollar…

Germany’s election campaign kicks into high gear on Wednesday, when Chancellor Olaf Scholz makes his case in a public address for another term, despite polls showing voters are overwhelmingly looking for a change. Most Read from Bloomberg Scholz’s Social Democrats will tout the chancellor’s…

President-elect Donald Trump, on Tuesday, greenlit the formation of the Department of Government Efficiency or DOGE, the acronym which almost sounds like a parody of the cryptocurrency known as Dogecoin (CRYPTO: DOGE). As the department promises to restructure federal agencies and reduce…

Bunny Chan, who is a deputy to the National People’s Congress, and Paggy Chan, are the new owners of Twenty One Whitfield.

Singapore’s Oversea-Chinese Banking Corp. has enough capital for business growth even as Chief Executive Officer Helen Wong signals her appetite for deals while keeping the bank’s dividend policy. Most Read from Bloomberg “We are well-capitalized,” Wong said Wednesday in an interview with Haslinda…

Cao Xin is a senior researcher at The Charhar Institute, a Beijing-based think tank. I had the opportunity to observe the American presidential election on the morning of Nov. 6 (China time) at the U.S. embassy in Beijing. For China, the world's second-largest economy, Donald Trump's victory…

published: 2021.01.26.09.04

published: 2021.02.02.20.23