Business news
- Wall Street braced for a private credit meltdown. The risk of one is rising - Private credit is expected to grow from $3.4 trillion in 2025 to an estimated $4.9 trillion by 2029. Wall Street is starting to raise alarms about the risks.
- Trump signed his Gaza 'Board of Peace' into being. Here's who's on it — and who isn't - European nations did not attend Trump's "Board of Peace," signing at the World Economic Forum in Davis, Switzerland.
- Airlines cancel hundreds of flights as massive winter storm sweeps across U.S. - U.S. airlines canceled flights and waived change fees for travelers as a cold snap and massive winter storm were forecast to sweep across the country.
- From French drug pricing to 'loser' windmills: A rundown of who Trump criticized at Davos - U.S. President Donald Trump sharply criticized a number of current and former political leaders at the World Economic Forum in Davos.
- Adani group stocks plunge as U.S. SEC looks to question founder over fraud charges - Adani group faces worries of U.S. SEC action against bribery and fraud charges.
- India's largest airlines sees shares drop after earnings plunge 78% on forex and other provisions - Weak currency, labour reforms and passenger compensation costs dragged Indigo's earnings.
- European markets set for a lackluster open; Ukraine's Zelenskyy says Europe is 'lost' - European stocks finished higher on Thursday after U.S. President Donald Trump said a "framework" agreement had been reached over Greenland.
- Nvidia’s Huang to visit China as AI chip sales stall - Nvidia CEO Jensen Huang plans to visit China ahead of the mid-February Lunar New Year, two people familiar with the matter told CNBC.
- Trump withdraws 'Board of Peace' invitation to Carney in widening rift with Canada - Trump said he has withdrawn the invitation to Canada to join the new Board of Peace, days after Carney's Davos speech warning against economic coercion by the superpowers.
- Bank of Japan raises economic growth forecasts ahead of snap election, holds rates at 0.75% - The BOJ also upgraded its GDP forecast for the 2025 fiscal year to 0.9%, and also raised its GDP projection for the 2026 fiscal year to 1% from 0.7%.