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- Yahoo Finance UK
FTSE 100 LIVE: Stocks rise as UK inflation unexpectedly falls to 2.5% in December
A deep dive into what's moving markets across the global economy.
- Yahoo Finance Video
December CPI report, JPMorgan & Goldman Sachs earnings: Yahoo Finance
There is a lot of news driving the market action Wednesday morning. Investors are digesting the December Consumer Price Index (CPI) report, especially given the Federal Reserve’s concerns about inflation being stubborn. It’s also a big day for financial sector earnings with JPMorgan Chase, Goldman Sachs, Citigroup, Wells Fargo, BlackRock, and Bank of New York Mellon all reporting. Other trending tickers on Yahoo Finance include Eli Lilly, Fannie Mae, and Rigetti Computing, whose CEO is appearing on Opening Bid today at 12 p.m. ET. Key guests include: 8:30 a.m. ET - Claudia Sahm, Former Federal Reserve Board Economist & New Century Advisors Chief Economist 9:05 a.m. ET - Tom Porcelli, PGIM Fixed Income Chief U.S. Economist 9:10 a.m. ET - Chris Whalen, Whalen Global Advisors Chairman 10:30 a.m. ET - Andy Walden, Intercontinental Exchange Vice President of Research and Analysis 10:40 a.m. ET - Ben Cook, Hennessy Energy Transition Fund Portfolio Manager 11:30 a.m. ET - Darrin Williams, Southern Bancorp CEO
- Yahoo Celebrity UK
Who are the Gladiators? Line-up in full
There are 16 new Gladiators in the BBC reboot, with the UK public going up against the trained professionals.
- The Telegraph
Chelsea recall Trevoh Chalobah from loan on day of Crystal Palace match
Chelsea have decided to recall Trevoh Chalobah from his loan at Crystal Palace, with the defender set to miss Wednesday night’s trip to Leicester City.
- Evening Standard
Switch 2 leak hints at exciting new way to connect with players as Nintendo teases big reveal
The feature may signal how Nintendo is getting ready for a wave of third-party games, including Call of Duty
- Evening Standard
Britalian restaurant famed for fried egg carbonara shuts after just eight months
Owners said the “the unforeseen additional cost pressures created by the autumn Budget came at the wrong stage of our business cycle.”
- PA Media: Money
Carlsberg’s £3.3bn takeover of Britvic approved by High Court judge
Britvic, based in Hemel Hempstead, Hertfordshire, employs around 4,500 people and also makes Robinsons squash and Tango.
- The Canadian Press
Biden promised to turn the page on Trump. Now he's being replaced by him
WASHINGTON (AP) — Joe Biden promised nothing short of a national exorcism when he took office. He wanted to “restore the soul" of the country and prove that Donald Trump was only a footnote in the American story, not its next chapter.
- Reuters
JPMorgan posts record annual profit as dealmakers, traders ride market rebound
The banking giant was buoyed by a strong economy and interest rate cuts that boosted stock sales and bond offerings. The bullish environment also prompted more mergers and acquisitions after years of tepid activity. "The U.S. economy has been resilient," CEO Jamie Dimon said, citing low unemployment and healthy consumer spending.
- Sky News
Cardiff: Cyclist urged to come forward after woman walking dog dies from bike crash injuries
A cyclist has been urged to come forward after a woman walking her dog died five weeks after she was hit by a bicycle. Splott is a district of Cardiff in the south of the city, with a population of more than 13,000. The 57-year-old woman was walking her dog with her husband at the time of the crash, which officers say happened sometime between 5.30pm and 6.30pm.
- Reuters
France lowers spending cut target
PARIS (Reuters) -France's new government set on Wednesday a lower target for spending cuts this year than its predecessor as it races to get a 2025 budget passed by the end of the month. The budget bill has been stuck in the Senate since lawmakers in the lower house ousted the previous government over parts of its belt-tightening push, which they considered went too far. Budget Minister Amelie de Montchalin said the new government aimed to revive the bill in the Senate and get it passed by both houses by the end of the month.
- Evening Standard
Washing-up liquid warning: why UK shoppers are urged to switch to refillable options in 2025
Eco-friendly cleaning product brand Ecover highlights ‘horrifying’ impact of millions of plastic bottles entering the ocean annually
- BBC
Surprise fall in inflation boosts interest rate cut hopes
Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.
- BBC
Bafta to announce nominations in unpredictable awards race
The ceremony, hosted by David Tennant, will take place on 16 February at the Royal Festival Hall.
- Hello!
Rita Ora's sold out fluffy Fendi bag is a major accessory statement
The singer, songwriter and actress just proved the power of a bold arm-candy accessory. See photos
- Associated Press
Germany's economy shrank for the second consecutive year in 2024
Germany's economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country's traditional exports of cars and industrial machinery. The year's weak performance underlines Germany's status as Europe's worst performing major economy and shows the country as having no meaningful growth in the past four years as it has struggled to deal with major shifts in the global economy.
- Reuters
Russian oil products trapped at sea by US sanctions, LSEG data shows
Nearly 500,000 metric tons of Russian oil products are trapped on tankers hit by U.S. sanctions, LSEG data showed on Wednesday. On Jan. 10, new Russia-related sanctions targeted more than 180 vessels and insurance companies, adding to the impact of similar restrictions imposed by United Kingdom and Europe Union. Four of them - Cup, Aquatica, Turaco and Onyx - are carrying in total around 280,000 tons of fuel oil, destined for India, Turkey and Singapore, LSEG data shows.
- Reuters
IEA says new US sanctions could significantly disrupt Russian supply
LONDON (Reuters) -The latest round of U.S. sanctions against Russian oil could significantly disrupt the country's oil supply chains, the International Energy Agency said in a monthly report on Wednesday, potentially tightening the global market. Even so, the outlook from the IEA, which advises industrialised countries, still suggests the market will be in surplus this year as supply growth led by countries outside the OPEC+ producer group exceeds subdued expansion in world demand. New U.S. sanctions on Iran and Russia cover entities that handled more than a third of Russian and Iranian crude exports in 2024, the IEA said, but it held off from factoring in the measures into its supply forecasts for now.
- Variety
Canary Islands’ Quantum Box Games Secures $1.9 Million Investment From Japanese Dev Route24, Led by Square Enix Veterans
Spain’s Canary Islands video game industry got a major shot in the arm this week as local developer Quantum Box Games, a studio based in Gran Canaria, secured a significant Japanese investment. The deal, worth 300 million yen (approximately $1.9 million), was forged with Route24, a Japanese game development company led by industry veterans who …
- The Guardian
Cardiff NHS worker wins tribunal claim over space for expressing breast milk
Health board found to have harassed Robyn Gibbins by failing to provide secure and freely available room at work