China’s consumer inflation hits near 3-year high, factory-gate deflation eases

BEIJING, Jan 9 (Reuters) - China’s annual consumer price inflation hit a 34-month high in December while producer price deflation moderated, data from the National Bureau of Statistics showed on ...

Musk’s xAI burned about $8 bln cash in first 9 mths of 2025 - Bloomberg

Investing.com-- Elon Musk’s artificial intelligence startup xAI burned about $8 billion in cash in the first nine months of 2025, Bloomberg News reported, underscoring the heavy costs involved in ...

BlueScope’s largest investor backs $9 billion takeover rejection

SYDNEY, Jan 9 (Reuters) - BlueScope Steel ’s largest investor, AustralianSuper, said on Friday it supported the Australian steelmaker’s decision to reject a $9 billion takeover offer from SGH and ...

CK Hutchison taps Goldman Sachs, UBS for AS Watson IPO, Bloomberg News reports

Jan 9 (Reuters) - Hong Kong-based CK Hutchison has picked Goldman Sachs and UBS Group AG to work on the planned initial ...

Trump orders his ’Representatives’ to buy $200 billion in mortgage bonds

WASHINGTON, Jan 8 (Reuters) - U.S. President Donald Trump said on Thursday he is ordering his representatives to buy $200 ...

Fitness tracker Strava files for IPO- The Information

Investing.com-- Fitness tracking app Strava has confidentially filed for an initial public offering in the U.S., The Information reported on Thursday, citing people with knowledge of the matter. An ...

Subdued Irish consumer sentiment little changed at the end of 2025

DUBLIN, Jan 9 (Reuters) - Irish consumer sentiment finished 2025 on a subdued note as concerns over living costs continued to dampen confidence, despite the economy’s strong growth, a survey found on ...

Rio Tinto shares slide over 6% after confirming Glencore merger talks

Investing.com-- Rio Tinto Ltd (ASX: RIO ) shares fell sharply in Australian trade on Friday after the iron ore miner confirmed it had re-engaged in talks over a potential merger with peer Glencore PLC ...

Japan November household spending unexpectedly rises, up 2.9% year/year

TOKYO, Jan 9 (Reuters) - Japanese household spending unexpectedly grew in November from the year-earlier month, government data showed on Friday, rebounding from a sharp decline in October. Consumer ...

Uniqlo owner Fast Retailing shares surge on positive earnings, forecast

Investing.com-- Shares of Uniqlo clothing brand owner Fast Retailing Co., Ltd. (TYO: 9983) rose sharply on Thursday after it posted strong fiscal first-quarter earnings and also lifted its earnings ...

Lafayette Digital prices $250 million SPAC IPO on NASDAQ

Lafayette Digital Acquisition Corp. I priced its initial public offering of 25 million units at $10.00 per unit, raising $250 million. The special purpose acquisition company structured as a Cayman ...

Bank of England might need new powers to assess private markets, lawmakers say

LONDON, Jan 9 (Reuters) - British lawmakers are calling for the Bank of England to be handed new powers to gather data on ...