The news sent shockwaves through Formula One, with 2009 world champion Jenson Button describing Hamilton’s move to Ferrari as “massive for the sport.”
Climate activist Greta Thunberg cleared of public order offense during London oil protest
Swedish climate activist Greta Thunberg on Friday was cleared of a public order offense over a protest at an oil and gas conference in October.
Meta shares jump 14% after profit triples and company announces first-ever dividend
Meta’s fourth-quarter earnings report comes a day after lawmakers grilled CEO Mark Zuckerberg and other social media execs in Washington.
Apple stock falls after company gives outlook suggesting weak iPhone sales
Apple reported earnings after the bell. Here are the results.
Gold demand hit record highs in 2023 amid geopolitical risks, China weakness
Gold demand hit record highs in 2023 on the back of persistent geopolitical tensions and continued weakness in China’s economy, the World Gold Council said.
Japan’s Aozora Bank shares hit near 3-year lows on U.S. commercial property losses
Aozora shares hit their lowest levels since February 2021, plunging as much as 18.5% — the Nikkei 225 benchmark was up 0.5%.
Demand for shipments from China via rail through Russia has ‘skyrocketed’ since the Red Sea attacks
The China-Russia rail route to Europe is in high demand. Some shippers have ethical concerns, according to freight forwarders.
India expects fiscal deficit for 2025 to narrow to 5.1% even as it boosts infra spending
India’s finance ministry presented the country’s interim budget for 2024, ahead of the highly anticipated general elections.
Japanese bank tanks over 20% after flagging losses tied to U.S. commercial property
The Japanese lender said it now expects a net loss of 28 billion yen for the fiscal year ending March 31, after previously forecasting a net profit of 24 billion yen.
Ferrari finishes a record year by topping Wall Street’s estimates
The automaker reported a net profit of 1.26 billion euros, or $1.36 billion, for 2023, including 294 million euros, or $317.9 million, in the fourth quarter.