CNBC World News

Microsoft and Oracle are among U.S. companies vying to acquire the assets of TikTok, which claims about 100 million monthly active users in the U.S.

Stocks rose on Thursday after the Federal Reserve unveiled a new framework that could keep interest rates lower for a longer period of time.

Walmart said TikTok's integration of e-commerce and advertising "is a clear benefit to creators and users in those markets."

The Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy.

The number of Americans who filed for unemployment benefits for the first time came in above 1 million for a second consecutive week.

Amazon will track everything from physical activity to sleep. It is also bringing some new features to the market, including technology to measure users' body fat percentages and emotional states.

Hurricane Laura pounded the Gulf Coast for hours with ferocious wind, torrential rains and rising seawater as it roared ashore over southwestern Louisiana near the Texas border early Thursday, threatening the lives of people who didn't evacuate.

HS2 is a major infrastructure project aiming to reduce travel times between London and other parts of the U.K.

The IPO, which is the third major listing in New York by Chinese EV companies in the past two years, comes as share prices of EV makers including Tesla and Nio have surged in recent months.

Some workers in the U.K. will be paid £130 ($172) if they are required to self-isolate amid the coronavirus pandemic, the British government announced Thursday.

With mounting concerns over mail-in voting, President Trump suggested delaying the election. Experts warn that a postponed election could lead to severe political chaos in Washington and an insurmountable impact on the U.S. economy and the stock market.

Klarna is mostly known for its "buy now, pay later" scheme that offers shoppers interest-free financing over a period of installments.

It comes as students prepare to return to school both in person and online after the summer holidays.

The third night of the Republican National Convention featured a keynote address by Vice President Mike Pence that highlighted the Trump administration's successes and attacked Democratic nominee Joe Biden.

There is skepticism over what role NATO can, and should, have in de-escalating disputes as divisions flare in the organization.

In potentially the first major IPO in London since the COVID-19 crisis started, The Hut Group plans to list at least 20% of its stock.

Rolls-Royce also said on Thursday finance chief Stephen Daintith had resigned to move to retail technology firm Ocado.

TikTok CEO Kevin Mayer has quit the company just months after his appointment.

WPP said it would reintroduce its share buyback when the environment stabilized.

Fitch Solutions forecast Russia's gold output to grow from 11.3 million ounces this year to 15.5 million ounces in 2029, representing an average annual growth rate of 3.7%.