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   NEWS: CNBC WORLD NEWS
CNBC World News
Oct 23, 2024

September home sales drop to lowest level since 2010
"We are developing cooperation with Iran in a variety of areas. We intend to do this further," Kremlin Press Secretary Dmitry Peskov told CNBC Tuesday.

CNBC World News
Oct 23, 2024

European Central Bank policymakers split on the need for jumbo rate cuts as growth concerns take over
Policymakers at the European Central Bank are split on the need to consider a jumbo half-point interest rate cut in December.

CNBC World News
Oct 23, 2024

Big Tech is driving a nuclear power revival, energy guru Dan Yergin says
As tech giants like Microsoft, Amazon and Google compete to take the lead in the AI revolution, data centers are consuming an ever-increasing amount of energy.

CNBC World News
Oct 23, 2024

UK's ruling Labour Party rejects accusations of U.S. election interference
The U.K.'s ruling Labour Party has rejected accusations by Donald Trump's campaign team that its party members have interfered in the U.S. election.

CNBC World News
Oct 23, 2024

Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments
Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram.

CNBC World News
Oct 23, 2024

Chinese smartphone companies tout AI features ahead of Apple Intelligence launch
Chinese smartphone companies are rolling out artificial intelligence features for local users, adding pressure on Apple.

CNBC World News
Oct 23, 2024

Coca-Cola tops earnings estimates, as higher prices offset sluggish demand
Shares of Coke have climbed 18% this year, raising the company's market value to nearly $300 billion.

CNBC World News
Oct 23, 2024

'Time to be a little bit cautious': Norway's $1.8 trillion wealth fund issues stock market warning
Norges Bank Investment Management (NBIM), one of the world's largest investors, says risks are tilted to the downside for global stock markets.

CNBC World News
Oct 23, 2024

Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.

CNBC World News
Oct 23, 2024

Lilium was once a promising 'air taxi' startup worth billions. Now it's on the brink of insolvency
German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria.

CNBC World News
Oct 23, 2024

Crypto firm Circle expects the UK to introduce stablecoin laws in 'months, not years'
"I think we're within months, not years" of formal U.K. stablecoin laws being introduced, crypto firm Circle's top policy executive told CNBC.

CNBC World News
Oct 23, 2024

Qualcomm shares fall 5% after report of Arm threat to scrap key license in escalating dispute
Qualcomm shares fell in premarket trade after Bloomberg reported that British chip designer Arm is looking to scrap a key license for the U.S. firm.

CNBC World News
Oct 23, 2024

German court rules against Deutsche Bank in PostBank acquisition lawsuit
Tom Marshall's parents took their own lives, but he says a law change may have helped them.

CNBC World News
Oct 23, 2024

Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress
The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.

CNBC World News
Oct 23, 2024

CNBC Daily Open: The S&P could continue its ascent despite pausing
With elections and high valuations, the path ahead for markets may be rocky. But the S&P might persist in scaling an ever-ascending mountain range.

CNBC World News
Oct 23, 2024

Deutsche Bank swings back to quarterly profit as legal provisions cut, investment banking shines
The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.

CNBC World News
Oct 23, 2024

China and Russia's 'profound' ties will not change despite 'turbulent' geopolitical landscape, Xi tells Putin
Putin called the partnership "one of the main stabilizing factors in the international arena."

CNBC World News
Oct 23, 2024

Russia says it has no intention of abandoning Iran as it faces Israel's wrath
"We are developing cooperation with Iran in a variety of areas. We intend to do this further," Kremlin Press Secretary Dmitry Peskov told CNBC Tuesday.

CNBC World News
Oct 23, 2024

A 'tidal wave' of natural gas supply — the biggest yet — will reshape global markets, says RBC Capital
The expansion is likely to lead to a state of oversupply by the end of 2026, analysts such as RBC's Anan Dhanani have projected.

CNBC World News
Oct 23, 2024

TSMC denies U.S. is probing the company after report suggests blacklisted Huawei is using its chips
TSMC has denied a report that the U.S. is investigating its dealings with Huawei, following news that one of its chips has been found in a Huawei product.

CNBC World News
Oct 22, 2024

Tokyo Metro shares surge 45% on debut after Japan's largest IPO in six years
The IPO offered 2.32 billion shares for a price of 1,200 yen apiece, valuing the offering at 348.6 billion yen ($2.3 billion)

CNBC World News
Oct 22, 2024

IMF warns on China's property market worsening as it cuts country's growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.

CNBC World News
Oct 22, 2024

CNBC Daily Open: The S&P could still have legs despite stalling
With elections and high valuations, the path ahead for markets may be rocky. But the S&P might persist in scaling an ever-ascending mountain range.

CNBC World News
Oct 22, 2024

'On vacation every single day': I left the U.S. to live in Vietnam and only need to work 15 hours a week
Kavi Vu, 33, moved to Ho Chi Minh City, Vietnam in August 2023. Today, she lives on about $1,500 a month, according to documents reviewed.

CNBC World News
Oct 22, 2024

McDonald's shares fall after CDC says E. coli outbreak linked to Quarter Pounders
The CDC said an E. coli outbreak linked to McDonald's Quarter Pounder burgers has led to 10 hospitalizations and one death.

CNBC World News
Oct 22, 2024

Starbucks shares slide after coffee chain says sales fell again, suspends outlook
The company's same-store sales slid for its third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.

CNBC World News
Oct 22, 2024

GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance
GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.

CNBC World News
Oct 22, 2024

Paul Tudor Jones says market reckoning on spending is coming after election: 'We are going to be broke'
Hedge fund manager Paul Tudor Jones told CNBC that government spending could cause a major sell-off in the bond market.

CNBC World News
Oct 22, 2024

Former Abercrombie CEO Mike Jeffries charged with sex trafficking, interstate prostitution
Abercrombie & Fitch and its former CEO Mike Jeffries were sued last year for allegedly operating a sex trafficking ring that targeted would-be male models.

CNBC World News
Oct 22, 2024

Former Abercrombie CEO Mike Jeffries charged with 16 counts of sex trafficking and interstate prostitution
Abercrombie & Fitch and its former CEO Mike Jeffries were sued last year for allegedly operating a sex trafficking ring that targeted would-be male models.

CNBC World News
Oct 22, 2024

Paul Tudor Jones says market reckoning coming on spending after election: 'We are going to be broke'
Hedge fund manager Paul Tudor Jones told CNBC that government spending could cause a major sell-off in the bond market.

CNBC World News
Oct 22, 2024

IMF says global fight against inflation is 'almost won' but warns of rising risks
The IMF projects global headline inflation to fall to 3.5% by the end of 2025.

CNBC World News
Oct 22, 2024

SAP boss warns against regulating AI, says Europe risks falling behind U.S., China
Christian Klein, head of German software giant SAP, says Europe risks falling behind the U.S. and China if it ends up overregulating the AI sector.

CNBC World News
Oct 22, 2024

Qatar Airways partners with Elon Musk's Starlink for high-speed Wi-Fi milestone
Qatar Airways launched Tuesday its inaugural Boeing 777 flight equipped with Elon Musk's Starlink internet, paving the way for a new era of in-flight connectivity across its entire fleet by next year.

CNBC World News
Oct 22, 2024

Hyundai Motor India's shares drop 7% on trading debut after record IPO
Hyundai Motor India shares fell 7% on their trading debut Tuesday after a record $3.3 billion initial public offering.

CNBC World News
Oct 22, 2024

GM raises 2024 earnings guidance after easily topping Wall Street's third-quarter expectations
GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.

CNBC World News
Oct 22, 2024

World's largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).

CNBC World News
Oct 22, 2024

Hyundai Motor India's shares drop nearly 7% on trading debut after record IPO
Hyundai Motor India shares fell nearly 7% on their trading debut Tuesday after a record $3.3 billion initial public offering.

CNBC World News
Oct 22, 2024

HSBC embarks on major restructuring, names first female CFO
HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender's first female finance chief.

CNBC World News
Oct 22, 2024

Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
Russia is rolling out the red carpet to its allies on Tuesday as it hosts the latest BRICS summit in a show of strength to the West.

CNBC World News
Oct 22, 2024

Hyundai Motor India's shares drop nearly 4% on trading debut after record IPO
Hyundai Motor India shares fell nearly 4% on their trading debut Tuesday after a record $3.3 billion initial public offering.

CNBC World News
Oct 22, 2024

More startups are being spun out of Klarna than any other European fintech unicorn
Alumni from Klarna have gone on to create 62 new startups — more than any other fintech unicorn in Europe, according to a new report from VC firm Accel.

CNBC World News
Oct 22, 2024

Economists see UK cutting interest rates more substantially as inflation pressures ease
Economists at Goldman Sachs forecast the Bank of England's key rate falling to 2.75% by November, well below market pricing.

CNBC World News
Oct 22, 2024

HSBC names Pam Kaur as first female CFO amid major restructuring
HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of the bank into four business units.

CNBC World News
Oct 22, 2024

Hyundai Motor India's shares drop over 4% on trading debut after record IPO
Hyundai Motor India shares fell over 4% on their trading debut Tuesday after a record $3.3 billion initial public offering.

CNBC World News
Oct 22, 2024

Rosé and Bruno Mars' chart-topping track APT drives shares of media firm YG Plus to seven-month high
The track reached the top of Spotify's Top 50 Global playlist.

CNBC World News
Oct 22, 2024

U.S. proposals to curb AI, semiconductor investment into China under final review
The proposals are part of the Joe Biden administration's efforts to restrict the flow of U.S. capital, technology and expertise into China.

CNBC World News
Oct 22, 2024

Hyundai Motor India's shares drop nearly 5% on trading debut after record IPO
Hyundai Motor India shares fell nearly 5% on their trading debut Tuesday after a record $3.3 billion initial public offering.

CNBC World News
Oct 22, 2024

Rosé and Bruno Mars' chart-topping APT drives YG Plus shares to seven-month high
The track reached the top of Spotify's Top 50 Global playlist.

CNBC World News
Oct 21, 2024

'New bullish phase'? As gold hits another high, analysts say more records are in sight
Gold is now in a new bullish phase after prices hit a record high, said Sprott Asset Management, echoing other bullish calls for the bullion to scale new highs.

CNBC World News
Oct 21, 2024

Hyundai Motor India's shares set to start trading after the country's largest IPO
It is the country's largest-ever IPO by the amount raised.

CNBC World News
Oct 21, 2024

He's British, she's Australian. Here's their trick to traveling 10,000 miles — with kids in tow
Stopovers break up the distance. But there are pros and cons to scheduling short trips in cities like Seoul, Bangkok, Dubai and Singapore.

CNBC World News
Oct 21, 2024

The next big career track at business schools: Family offices
Top universities are launching a number of programs and courses aimed at training the next generation of family office leaders.

CNBC World News
Oct 21, 2024

McDonald's tells U.S. restaurants it's not a 'political brand' after Trump visit
McDonald's said it is not endorsing a presidential candidate after Trump's visit to one of its restaurants.

CNBC World News
Oct 21, 2024

Trump sued by Central Park Five for defamation over claims made during Harris debate
Donald T

CNBC World News
Oct 21, 2024

Disney will name Bob Iger's replacement in early 2026; James Gorman to become board chair next year
Former Morgan Stanley CEO James Gorman will replace Nike Executive Chairman Mark Parker as chairman in January.

CNBC World News
Oct 21, 2024

Microsoft to roll out new autonomous AI agents next month, fending off challenge from Salesforce
Microsoft will allow organizations to create their own autonomous AI agents within Copilot starting next month.

CNBC World News
Oct 21, 2024

Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget
Technology bosses and investors warn the U.K. could face an exodus of entrepreneurs if the government hikes capital gains tax — a levy on investment profits.

CNBC World News
Oct 21, 2024

Russia and Europe tussle for Moldova, as just over 50% vote 'yes' on future EU membership
Moldova's political destiny is hanging in the balance Monday after key votes on whether to embrace a future with Europe, or to remain within Russia's orbit.

CNBC World News
Oct 21, 2024

China tightens export controls for tech and goods with military use, ahead of Xi's trip to Russia
China unveiled a set of regulations on export control of goods and technologies that could be used for military purposes.

CNBC World News
Oct 21, 2024

Three in four Europeans support the use of AI by police and military, study says
Most Europeans support the use of AI technologies like facial recognition by the police and military for surveillance, a report from IE University found.

CNBC World News
Oct 21, 2024

Robinhood rolls out high-risk margin trading in the UK after getting regulator nod
Robinhood said Monday that it's rolling out margin investing — or the ability for investors to borrow cash to augment their trades — in the U.K.

CNBC World News
Oct 21, 2024

CNBC Daily Open: Everyone's watching Netflix shares
Many of us like to watch Netflix shows. But with the company's dominance in the media and streaming industry, its stock, too, is worth watching.

CNBC World News
Oct 21, 2024

Iran aided Russia against Ukraine. Now it needs to call in the favor
Iran could do with assistance from its powerful ally, Russia. The extent to which Moscow can — and will — help is uncertain, however.

CNBC World News
Oct 20, 2024

China cuts benchmark lending rates by 25 basis points
The move was expected. China's central bank governor indicated last week that the loan prime rates would be lowered.

CNBC World News
Oct 20, 2024

Perplexity AI seeks valuation of about $9 billion in new funding round
Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.

CNBC World News
Oct 20, 2024

CNBC Daily Open: Who's watching Netflix shares? Everyone
Many of us like to watch Netflix shows. With the company's dominance in the media and streaming space, Netflix's stock, too, is worth watching.

CNBC World News
Oct 20, 2024

‘They want something different': Two reports predict a big shift in travel behavior in 2025
Trend reports from Expedia and Booking.com show vacationers are forgoing splashy trips to global hot spots in favor of lesser-known places.

CNBC World News
Oct 20, 2024

How Liberty Media became one of the world's most valuable sports empires
As global lockdowns began in 2020, sports fans surged online and Liberty Media had a chance to realize Chairman John Malone's vision.

CNBC World News
Oct 19, 2024

Boeing machinists to vote on new proposal with 35% raises that could end strike
The IAM will vote Wednesday on the new proposal which includes 35% wage increases over four years, a higher signing bonus of $7,000 and more.

CNBC World News
Oct 19, 2024

Nvidia, Google, Microsoft and more head to Las Vegas to tout health-care AI tools
Tech companies are in Las Vegas this week to talk health-care AI at the HLTH conference.

CNBC World News
Oct 19, 2024

D.E. Shaw, Mantle Ridge zero in on key fixes to build shareholder value at Air Products
Both activists want to address CEO succession planning and capital allocation at the company.

CNBC World News
Oct 19, 2024

Here's why inflation may look like it's easing but is still a huge problem
By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.

CNBC World News
Oct 19, 2024

Crypto's $130 million congressional election binge has candidates like Utah's John Curtis poised for big wins
In running to take Mitt Romney's Senate seat, Republican John Curtis has benefited by being a friend to the crypto industry.

CNBC World News
Oct 18, 2024

After a well-received quarter, Cramer explains why he thinks Netflix can 'rock on higher'
NBC's Jim Cramer explained why the quarter made him more optimistic about Netflix's future.

CNBC World News
Oct 18, 2024

Netflix rose 11% after third-quarter earnings beat
Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.

CNBC World News
Oct 18, 2024

Spirit Airlines extends debt refinancing deadline hours before expiration
Spirit Airlines on Friday again extended a deadline with its credit card processor to renegotiate more than $1 billion in debt.

CNBC World News
Oct 18, 2024

BlackRock's ETF chief says 75% of its bitcoin buyers are crypto fans new to Wall Street
Bitcoin ETF inflows surpass $2.1 billion in a week as bitcoin touches highest price level since July.

CNBC World News
Oct 18, 2024

U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.

CNBC World News
Oct 18, 2024

Stellantis to shutter and sell large testing facility amid cost-cutting efforts
Stellantis' Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.

CNBC World News
Oct 18, 2024

Port of Los Angeles freight rail delays reach two-year high, with holiday and everyday items piling up
Record September imports at the Port of Los Angeles driven by the East Coast strike have led to two-year high cargo congestion at rail yards.

CNBC World News
Oct 18, 2024

Watch maker Patek Philippe launches first new collection in 25 years
The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand.

CNBC World News
Oct 18, 2024

More Trump sealed files released in Jack Smith Jan. 6 election case
The records were made public after Judge Tanya Chutkan denied a request by Trump's lawyers to keep them sealed until after the Nov. 5 presidential election.

CNBC World News
Oct 18, 2024

Op-ed: The financial toxicity of cancer is growing. Here's what can be done to reduce it
For the first time in history, more than two million Americans will receive a new cancer diagnosis in 2024, and that is creating significant financial hardship.

CNBC World News
Oct 18, 2024

Why some families will pay $500,000 for Ivy League admissions consulting: 'It's worth the investment'
To get a leg up in the competitive world of college admissions, some families are spending half a million dollars or more on private consultants.

CNBC World News
Oct 18, 2024

Stellantis to sell, shutter large testing facility amid cost-cutting efforts
Stellantis' Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.

CNBC World News
Oct 18, 2024

Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble said volume fell in its Greater China market despite the earnings beat.

CNBC World News
Oct 18, 2024

Netflix shares jump 10% after third-quarter earnings beat
Netflix saw momentum in its ad-supported membership tier, which surged 35% quarter over quarter.

CNBC World News
Oct 18, 2024

Spirit AeroSystems to furlough 700 workers as Boeing machinist strike continues
Spirit AeroSystems had been scrambling to cut costs after more than 32,000 Boeing machinists walked off the job Sept. 13.

CNBC World News
Oct 18, 2024

Netflix shares jump 7% in premarket after third-quarter earnings beat
Netflix saw momentum in its ad-supported membership tier, which jumped 35% quarter-over-quarter.

CNBC World News
Oct 18, 2024

Amazon cloud boss says employees unhappy with 5-day office mandate can leave
Amazon's cloud boss on Thursday told employees who are unhappy with the company's new five-day in-office mandate they can leave for other companies.

CNBC World News
Oct 18, 2024

Tesla faces NHTSA investigation of ‘Full Self-Driving' after fatal collision
Tesla faces a new U.S. probe concerning its "Full Self-Driving" systems, and whether they are safe to use in "reduced roadway visibility conditions."

CNBC World News
Oct 18, 2024

Netflix shares jump 5% in premarket after third-quarter earnings beat
Netflix saw momentum in its ad-supported membership tier, which jumped 35% quarter-over-quarter.

CNBC World News
Oct 18, 2024

Germany's auto giants are struggling to stay relevant
Germany's automotive sector, long recognized for producing high-quality cars, is struggling to preserve its relevance in the age of electrification.

CNBC World News
Oct 18, 2024

After rejecting Google takeover, cyber firm Wiz says it will IPO 'when the stars align'
Wiz is hoping to achieve $1 billion in annual recurring revenue in 2025 — a key condition the company wants to meet before going public.

CNBC World News
Oct 18, 2024

Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world's largest producer of advanced chips, posted a 54% hike in third-quarter profit.

CNBC World News
Oct 18, 2024

CNBC Daily Open: China posts better-than-expected economic data
China's gross domestic product, retail sales and industrial production beat expectations, reigniting hopes that the country's economy is coming back to life.

CNBC World News
Oct 18, 2024

China needs stimulus with 'beautiful deleveraging' to avoid debt crisis, says Ray Dalio
China must employ a "beautiful deleveraging" in addition to its recent stimulus measures in order to avoid debt crisis, says Ray Dalio.

CNBC World News
Oct 18, 2024

China reports third-quarter GDP growth of 4.6%, slightly beating expectations
Beijing has faced public scrutiny over its ability to meet its own annual growth target of "around 5%."

CNBC World News
Oct 17, 2024

China reports better-than-expected retail sales and industrial production data
The data comes after a flurry of recent announcements from authorities as Beijing seeks to boost consumption and support its flagging real estate sector.

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