Money

By Laura He, CNN Economic activity in China has expanded for the first time in four months as disruptions caused by the abrupt end of its zero-Covid policy appears to be fading. The official purchasing managers’ index (PMI) for manufacturing, which measures activity at factories, jumped to 50.1 in January from 47 in December, according

By Heather Chen and Hilary Whiteman, CNN It’s like looking for a needle in a haystack — an 8mm by 6mm silver capsule, no bigger than a coin, believed to be lost somewhere along a stretch of vast desert highway in Australia’s biggest state. The reason authorities are so determined to find it is that

By Oliver Darcy, CNN Goodbye, Showtime. Hello, Paramount+ With Showtime. The premium television network is getting its first name change in the channel’s 47-year history, Paramount Global boss Bob Bakish announced to staffers Monday. The change, a nod to the company’s continued evolution as it adapts to the rapidly changing media landscape, will take effect

By Gregory Wallace and Chris Isidore, CNN The Federal Aviation Administration plans to dramatically accelerate replacing the safety system whose failure led to a nationwide air travel grounding earlier this month. The regulator also said it has taken steps to prevent a repeat of the meltdown in the interim. The FAA outlined the new timeframe

By Hanna Ziady, CNN Ryanair expects it will be able to charge higher prices for flights over Easter and the summer, thanks to strong demand from American and Asian tourists and less competition from rivals. The low-cost European carrier told customers in an earnings statement on Monday to “book early” before cheaper tickets sell out.

By Parija Kavilanz, CNN With just days to go to Super Bowl LVII, it’s crunch time if you’re hosting a party this year. That means stocking up on essential game day food and drinks. The good news is that it’s likely to cost less than it did a year ago to serve up several big

By Nicole Goodkind, CNN Business Investors are pretty bad at living in the moment. We’re currently in the thick of fourth quarter earnings reports, but traders don’t seem to care about how companies fared during the final months of 2022. They’re more focused on what’s going to happen in the future. Case-in-point: Earnings calls, where

By Michelle Toh, CNN Carmakers Renault and Nissan have agreed to restructure their longstanding partnership, with the French company whittling down its stake in the Japanese firm to 15%. Under the agreement, Renault will transfer 28.4% of its shares in the Yokohama-based company into a French trust. Voting rights for that stake will be “neutralized”

By Diksha Madhok, CNN The Adani Group has accused a US investment firm of launching “a calculated attack” on India by publishing a report alleging widespread fraud at the ports-to-power conglomerate. Hindenburg Research released its report on billionaire Gautam Adani’s business last week, accusing the group of “brazen stock manipulation and accounting fraud scheme over