CNBC World News

The government approval initially covers 10 vehicles in the Beijing suburb of Yizhuang, which is home to many corporations such as JD.com.

Many businesses still face obstacles when considering a move to the four-day work week. Other working patterns like the nine-day fortnight could be a middle ground.

First Republic Bank will receive billions in deposits from 11 other banks. Credit Suisse will borrow billions from the Swiss National Bank. Crisis averted?

Asia-Pacific banks are "resilient to risks" highlighted by failures seen in U.S. banking sector, Fitch Ratings said Thursday.

The ruling Communist Party of China is establishing commissions to oversee finance and tech, state media announced Thursday.

CNBC's Jim Cramer on Thursday said the banking crisis is fighting inflation and the Fed no longer needs to take action.

A GOP plan to pay off certain debts to avoid default instead of passing a debt ceiling bill is a "dangerous idea," said Yellen.

The collapse of Silicon Valley Bank last Friday has left investors scrambling to identify other regional banks that have similar balance sheet issues.

The news comes after First Republic's stock has been pummeled in recent days, sparked by the collapse of Silicon Valley Bank and Signature Bank.

Virgin Orbit is furloughing nearly all its employees and pausing operations for a week as it looks for a funding lifeline.

The Fed in some ways is both closer and further away from its goals when it first started raising rates.

French President Emmanuel Macron invoked special constitutional powers to push the bill through.

Credit Suisse shares rose over 30% at the market open after the bank said that it will borrow up to $54 billion from the Swiss National Bank.

Some market players questioned whether President Christine Lagarde would proceed with a hike, given recent shocks in the banking sector.

Prosecutors accused Guo Wengui, an associate of former Trump White House advisor Steve Bannon, of a large conspiracy that duped his online followers.

Despite continued efforts by law enforcement to crack down on cocaine use, global demand for the drug has only grown.

Even before the shock collapse of two U.S. banks, Credit Suisse had faced a slew of problems, including money laundering charges and spying allegations.

The United Kingdom on Thursday announced plans to ban the Chinese-owned video app TikTok on government devices.

Plummeting bond yields, and steep drops in oil and stock prices are all signaling that investors fear a recession is now on the near horizon.

The U.S. has a number of concerns about TikTok and has maintained the Chinese-owned app presents a national security risk.