European markets are heading for a lower open Wednesday as investors in the region brace themselves for another interest rate hike from the Federal Reserve.
increasingly face an environment in which"ideology trumps the economy,"
the European Union Chamber of Commerce in China said in its annual position paper released Wednesday. Joerg Wuttke, president of the business group, said this year's Covid controls have turned China into a"closed" and"distinctively different" country that might prompt companies to leave. Earlier this month, Chinese President Xi Jinping said the country has"continued to respond to Covid-19 and promote economic and social development in a well-coordinated way," according to a paraphrase of his remarks shared by China's Ministry of Foreign Affairs.As interest in battery stocks picks up after a tough year so far, CNBC Pro analyzed a number of stocks in the sector that analysts say have serious potential.