3 years 1 month ago
Warner Bros. Discovery cut profit expectations as the writers' and actors' strikes drag on, keeping production halted.
3 years 1 month ago
Gina Raimondo met with Chinese officials in a high-stakes trip this week.
3 years 1 month ago
Indonesia just launched the scheme to attract foreign investment last week.
3 years 1 month ago
Bank of Israel Governor Amir Yaron said Tuesday that currency intervention to support the weaker shekel will only be necessary in the event of market failures.
3 years 1 month ago
China's Baidu announced more than 10 new AI-based applications on Tuesday, just days after its ChatGPT-like Ernie bot was released for public use.
3 years 1 month ago
ASEAN must adopt a cohesive position on Myanmar's civil strive and the bloc's summit is a chance for leaders to "recalibrate," said Marty Natalegawa.
3 years 1 month ago
Bitcoin is up around 55% this year, but is still roughly 62% down from its all-time high.
3 years 1 month ago
Morgan Stanley's Jitania Kandhari explained that the "China-plus-one" strategy is benefitting India, which is also seeing a new cycle in real estate.
3 years 1 month ago
Prime Minister Narendra Modi has turned the normally sedate rotating presidency of the G20 nations into a branding vehicle to burnish India's geopolitical importance.
3 years 1 month ago
Bitcoin is up around 55% this year, but is still roughly 62% down from its all-time high.
3 years 1 month ago
Chinese companies from BYD to Leapmotor launched electric vehicles for international markets while Xpeng announced plans to expand into Germany.
3 years 1 month ago
At the IAA auto show in Munich, Mercedes showed off the Mercedes-Benz Concept CLA Class while BMW revealed the BMW Vision Neue Klasse.
3 years 1 month ago
Novo Nordisk launched its Wegovy weight loss injection in the U.K. Monday, furthering the drug's rollout in Europe despite ongoing supply constraints.
3 years 1 month ago
Europe's biggest car manufacturers are wary of the competitive threat posed by new Chinese companies, as the industry moves towards electrification.
3 years 1 month ago
Italy's shock tax on banks continues to prove controversial, even as the government insists it can "improve" it.
3 years 1 month ago
The research comes ahead of the COP28 climate summit, with Dubai set to host the U.N.'s annual conference from Nov. 30 through to Dec. 12.
3 years 1 month ago
Germany is once again the sick man of Europe, economist Hans-Werner Sinn told CNBC, and he said the shift could cause a rise in right-wing politics.
3 years 1 month ago
Stocks were also helped by Country Garden Holdings reportedly winning approval to extend repayment on an onshore private bond to 2026.
3 years 1 month ago
The U.S. economy added more jobs in July, but the overall unemployment rate rose. This may sound counterintuitive, but there’s a simple explanation.
3 years 1 month ago
Mercedes plans to launch a smaller version of its high-end G Class sports utility vehicle but did not give a specific date for its release.
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