CNBC World News

Excess in U.S. SPACs "could end poorly" for investors, the CEO of London's stock exchange told reporters Friday.

The U.S. Federal Reserve won't step in to temper rising inflation any time soon, market watchers have said, despite surging yields that have roiled global stock markets.

The world is facing a shortage of sand — and climate scientists say it constitutes one of the greatest sustainability challenges of the 21st century.

The Piccadilly Line trains will replace rolling stock from the 1970s.

Nonfarm payrolls increased by 379,000 in February, much better than the projected 210,000, and the unemployment rate dipped to 6.2%.

Countries rich in natural resources have become increasingly protectionist over the past year as Covid-19 threatened their economies, a new study has shown.

Europe's coronavirus vaccine rollout has been thrust into the spotlight again after Italy blocked a shipment of Oxford-AstraZeneca vaccines to Australia.

The stock market is a discounting mechanism: It is a way of trying to figure out what a future stream of cash flow — or earnings — is worth today.

Chinese Premier Li Keqiang said in his work report that China will "resolutely guard against and deter external forces' interference" in Hong Kong's affairs.

Airlines in Europe are looking at sunshine and beaches as their route to making money again.

China laid out seven technology areas it will focus research on including artificial intelligence, quantum computing, semiconductors and space.

In China, economists are wary of risks to growth as the country tries to recover fully from the shock of the pandemic.

The European Commission, the institution leading the purchase agreements, has been blamed for not securing enough vaccines.

China is going to focus on developing a number of technology areas including semiconductors, health care, quantum computing and cloud computing.

Chinese Premier Li Keqiang said the nation aimed for an urban unemployment rate of around 5.5% and targeted the creation of more than 11 million new urban jobs.

The People's Bank of China has been developing the digital yuan, a so-called central bank digital currency that aims to replace some of the cash in circulation.

Sponsors are rushing to get their deals done in an increasingly crowded space with nearly 60 SPACs identifying their merger targets in February alone.

State Department strongly condemns the increase violence against protestors in Myanmar, suggests further action is coming

Occidental CEO Vicki Hollub says the recovery in crude oil demand is happening faster-than-expected, but she doesn't see a return to pre-Covid levels in the US.

Some investors were disappointed that Powell didn't make a strong hint of any changes in asset purchases by the Fed to contain the rapid increase in rates.