CNBC World News

"It's important to really understand the distinction here: President Biden is committed to doing the responsible thing and acting appropriately."

The U.K.'s culture and digital minister stressed in a statement that the change "will not affect those who have acted in good faith."

German Finance Minister Christian Lindner said Tuesday that he believed the country would experience a mild recession in 2023.

Actors Idris Elba and Sabrina Dhowre Elba say their parents were driving forces behind their own activism today, which focuses on food security.

Goldman Sachs on Tuesday posted its biggest earnings miss in a decade.

The Hoover Institution senior fellow said the idea that globalization has peaked is not borne out by data.

The European Central Bank is likely to go ahead with "at least" a few more rate hikes in the next couple of meetings, Mario Centeno, governor of the Bank of Portugal told CNBC.

The president of the European Commission, Ursula von der Leyen, said Tuesday her institution was drafting a new law targeting the region's green industries.

Alan Jope was speaking to CNBC's Joumanna Bercetche at the World Economic Forum in Davos.

China's Vice Premier Liu He said that the world "needs to abandon its Cold War mentality" and seek to strengthen international cooperation.

Property transactions in Dubai year-to-date hit a record high by the end of 2022, surpassing previous records reached over the same period of 2009.

The CEO of German tech giant SAP said the world is entering the next phase of globalization — and he's largely optimistic on the outlook for technology.

On the sidelines of the World Economic Forum in Davos, Switzerland, UBS CEO Ralph Hamers said 2023 will be "the year of inflection" for the global economy.

he interior minister of the state of Lower Saxony, Boris Pistorius, will become Germany's next defense minister, the government said Tuesday.

Asked whether supply chain issues in the chip industry have been resolved, ABB's Peter Voser said that he believes the worst of the shortage has now subsided.

Speaking on the same panel, Occidental Petroleum CEO Vicki Hollub described the IRA as one of the most transformative bills in the world.

China may have marked one of the worst years of economic growth on record, but its shorter-term data showed things might get better sooner.

The CEO of Allianz said the German insurer proved to be "very resilient" through what he described as one of the worst environments imaginable in 2022.

U.K. house prices will fall by up to 10% this year, as higher mortgage rates and the broader cost of living crisis curtail home buying, Lloyds Bank CEO Charlie Nunn told CNBC on Tuesday.

The U.S. special presidential envoy for climate was speaking at the World Economic Forum in Davos.