Credit Suisse on Wednesday projected a 1.5 billion Swiss franc ($1.6 billion) fourth-quarter loss as it undertakes a massive strategic overhaul.
Wednesday November 23 2022 |
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Credit Suisse on Wednesday projected a 1.5 billion Swiss franc ($1.6 billion) fourth-quarter loss as it undertakes a massive strategic overhaul. More » |
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| Surging Covid infections make it harder for China to achieve zero-Covid without reverting to a harsh lockdown, Macquarie's Chief China Economist Larry Hu said. |
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| HP shares moved higher after management announced another wave of job cuts, which come as the company faces steeper revenue declines in PCs and printers. |
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| Ukraine's power shortages, resulting from Russia's repeated strikes on the country's energy infrastructure, are becoming more acute as colder weather sets in. |
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| Alongside its use in cell phones and computers, lithium — which some have dubbed "white gold" — is crucial to electric vehicle batteries. |
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TODAY'S GUEST HIGHLIGHTS ON CNBC |
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| | Chief European Economist Goldman Sachs Outlook |
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| | Senior Investment Director ABRDN Banking |
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