Brazil’s capital was recovering early Monday from an insurrection by thousands of supporters of ex-President Jair Bolsonaro who stormed the country’s top government institutions, leaving a trail of destruction and testing the leadership of Luiz Inacio Lula da Silva just a week after he took office.
Shares of UK gaming company Frontier Developments Plc tumbled after it said sales of its flagship F1 Manager 2022 title fell below expectations during the holiday season, sending a chill through the video-game sector.
Newly elected House Speaker Kevin McCarthy confronts an immediate test to his leadership after a bruising four-day fight with Republican rebels in which he finally won the gavel but at great political cost.
The European Central Bank predicts wage growth — a key indicator of where inflation is headed — will be “very strong” in the coming quarters, strengthening the case for more interest-rate hikes.
(Bloomberg) — Swedish households’ perceptions of home prices are starting to indicate that a bottom for the market may soon begin to emerge, according to a survey by SEB AB.
Switzerland’s government will not receive a payout from the Swiss National Bank for 2022, as the central bank projects the biggest loss in its 116-year history.
A Hong Kong unit of state-backed China Citic Bank Corp. is offering free Covid-19 mRNA vaccinations to sign up wealthy new customers as the border between the financial hub and mainland China reopened after three years of travel and quarantine restrictions.
Chinese people are traveling in larger numbers domestically as the nation’s key holiday season kicks off, a sign that the end of Covid Zero is giving way to a rebound in economic activity.
US equities face much sharper declines than many pessimists expect with the specter of recession likely to compound their biggest annual slump since the global financial crisis, according to Morgan Stanley strategists.
The page has finally turned for Chinese tech stocks, as the end of a years-long regulatory crackdown revives demand for an industry once dubbed “uninvestable.”
