Business news
- Scott Bessent says U.S. is unconcerned by Treasury sell-off over Greenland, calls Denmark ‘irrelevant’ - U.S. treasury secretary Scott Bessant addressed reporters at a press conference at the World Economic Forum on Wednesday.
- CNBC's UK Exchange newsletter: A diplomacy tightrope for Britain’s Starmer after Trump’s tirades - U.K. PM Keir Starmer is treading a fine line in diplomacy — and appears to be banking on Britain’s “special relationship” with the U.S. to deliver a compromise.
- Gold breaks new record on Greenland tariff threats, with forecast of $7,000 on the cards - Gold prices climbed to another record of over $4,800 on Wednesday, extending its sharp rally.
- India’s largest company is caught in geopolitical tensions. But it faces the biggest challenge at home - The retail business is facing a slow down in sales, which has pushed brokerages to cut down on target price.
- Greenland should be prepared for 'everything,' prime minister says, not ruling out U.S. military action - While the scenario is unlikely, Greenland has to be prepared as "the other side" has not ruled out the use of military force.
- Asia markets fall after Trump’s Greenland rhetoric spark Wall Street rout - Asia-Pacific markets fell, mirroring overnight losses on Wall Street after President Donald Trump escalated rhetoric over Greenland.
- Bessent says Trump's pick for the next Fed chair could happen next week - The president has whittled down the field to four candidates, Bessent told CNBC during an interview at the World Economic Forum in Switzerland.
- Cramer says wild speculation has returned to the market — and here's what investors must do - CNBC's Jim Cramer said Tuesday he's worried about frothiness in certain pockets of the market.
- 'You'll find out,' Trump says on Greenland takeover strategy - Trump will be meeting with world leaders at the World Economic Forum in Davos, Switzerland, later this week.
- Netflix earnings are out – here are the numbers - Netflix this week amended its offer for Warner Bros. Discovery assets amid a Paramount Skydance hostile takeover attempt.