The Mifte Group

Credit Suisse's biggest backer says can't put up more cash; share down by a fifth The head of Credit Suisse Group's largest shareholder, Saudi National Bank (SNB) , said on Wednesday it would not buy more shares in the Swiss bank on regulatory grounds.

First Republic drops 60%, leads decline in bank stocks despite government's backstop of SVB First Republic Bank led a decline in bank shares Monday that came even after regulators' extraordinary actions Sunday evening.

Tesla reports record revenue and beats on earnings Electric vehicle maker Tesla reported earnings after the bell. Here are the results.

World’s largest container shipping firm Maersk, a barometer for global trade, warns of 'dark clouds on the horizon' Maersk, the world's largest shipping container firm, on Wednesday posted record profit for the third quarter on the back of high ocean freight rates.

https://www.kitco.com/news/2022-11-01/Central-banks-buy-record-amount-of-gold-in-Q3-and-large-chunks-are-from-unknown-buyers.html

Central banks buy record amount of gold in Q3 and large chunks are from unknown buyers (Kitco News) Gold purchases from central banks reached a record during the last quarter, revealed the World Gold Council's quarterly report. But the caveat was that the big players remain anonymous. A total of nearly 400 tons was bought by central banks in the third quarter, the most on record. This...

Fed raises rates by another three-quarters of a percentage point to fight inflation The Federal Reserve concluded its two-day meeting Wednesday, with markets widely expecting a 0.75 percentage point interest rate increase.

German gas giant Uniper says the worst is still to come after Russia halts flows to Europe Uniper, as Germany's biggest importer of gas, has been hit hard by vastly reduced gas flows via pipelines from Russia, which have sent prices soaring.

Dow falls more than 700 points after inflation hits 40-year high, consumer sentiment plummets Stocks fell as investors digested the latest inflation report.

Europe to see a sharp recession if Russia's Putin shuts off the gas taps German economists are forecasting a recession in Europe's largest economy if Russian gas supplies were to stop.

France's Macron to face far-right rival Le Pen in presidential election runoff French leader Emmanuel Macron and his far-right rival Marine Le Pen are set to face off in the final vote on April 24.

How a Russian invasion of Ukraine, the 'breadbasket of Europe,' could hit supply chains From wheat to barley, and copper to nickel, analysts tell CNBC that supply chains are set to be disrupted as the Russia-Ukraine crisis takes a turn for the worse.

US inflation is running far hotter than even the Fed expected. Here's what some of biggest banks and asset managers say about it. Inflation surged to 7.5% in January, the most since 1982. We've rounded up the views of some of the world's biggest banks and funds.

Inflation rises 7% over the past year, highest since 1982 The consumer price index for December 2021 was expected to increase 7% from a year ago, according to economists surveyed by Dow Jones.

Omicron Covid variant likely circulating for longer — and more widely — than thought, experts say There are increasing signs of community transmission as cases emerge with no travel links to southern Africa.

Investors believe it's time to get very conservative in the stock market, CNBC survey shows More than three quarters of the respondents said now is a time to be very conservative in the stock market, according to a new CNBC Delivering Alpha survey.

Covid protection for the fully vaccinated is waning, UK study finds Protection against the coronavirus is waning among those who have received both shots of the AstraZeneca and Pfizer vaccines, a new U.K. study has found.

S&P 500 hasn’t fallen 5% from a peak in nearly 200 sessions—what that tells market historians Friday marks the 200th session that the S&P 500 index hasn't produced a drawdown of at least 5% from its recent peak, making the current stretch of equity...

What is a bubble?

These charts show the dramatic increase in China's debt China's debt pile is one of the biggest economic challenges confronting the ruling Chinese Communist Party that turns 100 this week.

Commodities from copper to corn tumble on China crackdown, rising dollar Thursday's move continued a slide that began earlier in the week, thanks in part to actions by Chinese regulators.

Brent crude breaks $70 after Saudi Arabia's oil facilities attacked by Yemen's Houthis Oil prices popped after Saudi Arabia said its oil facilities were targeted by missiles and drones on Sunday.

Apple, Tesla and Facebook ready to report record sales in busiest week of earnings Companies have barely managed to eke out positive earnings growth so far this season, but the big test arrives in the week ahead.

At Banque Havilland, Abu Dhabi’s Crown Prince Was Known as ‘The Boss’ A trove of emails, documents and legal filings reviewed by Bloomberg News, as well as interviews with former insiders, reveal the extent of the services Rowland and his private bank provided to the crown prince of Abu Dhabi. Some of the work went beyond financial advice.

Johnson and EU Warn of No Deal as Deadline Nears: Brexit Update Prime Minister Boris Johnson and European Commission President Ursula von der Leyen both warned that a no-deal Brexit is looming on Dec. 31 as they continued last-ditch talks to try to reach a deal before Sunday.

ECB expands and extends its bond buying as coronavirus resurgence weighs on the recovery Markets had largely expected the central bank to add to its bond buying, having vowed back in October to "recalibrate its instruments."

ECB member explains why this recession is very different from any other The current recession raises new challenges for central bankers and lawmakers, a European Central Bank board member told CNBC.

Global oil demand will not recover until well into 2021, even with a COVID-19 vaccine, the IEA says | Markets Insider Demand for road transportation fuel is precarious but oil supply is rising. bibiphoto/Shutterstock The International Energy Agency cut its for...

Dow futures fall 100 points amid England stay-at-home order, U.S. election uncertainty The blue-chip Dow just closed out October with a 4.6% loss, marking its worst monthly performance since March.

Goldman is calling a bull market for commodities in 2021 on dollar moves and inflation risk Markets are increasingly worried about inflation returning as a result of continued low interest rates, which the bank says will likely drive more investment in commodities.

A financial crisis could surprise investors ‘sooner rather than later,’ warns Deutsche Bank Our call of the day says the economic recovery will pick up next year, but watch out for a financial crisis and a tricky election ahead.