CNBC World News

The British pound on Thursday sank against the U.S. dollar after the U.K.'s central bank said it expected a recession to last for all of 2023 and the first half of 2024.

The National Retail Federation said it expects holiday sales to rise between 6% and 8% from last year — a decline when factoring in the effect of inflation.

Godzilla made its mark on the film industry 68 years ago, and the monster’s reign is growing more powerful due to streaming.

Mercedes Wedaa, who was hired as a housekeeper in 2019, claimed she faced racial discrimination, and worked long hours without adequate meal or rest breaks.

Spending in federal and state races in the 2022 elections is expected to top $16.7 billion, making them the most expensive midterms ever.

Ford wants to cash-in on the boom in sales of recreational trailers and vehicles, or RVs, during the coronavirus pandemic with the 2023 Transit Trail Van.

In an email to employees, Lyft executives pointed to what they called "a probable recession sometime in the next year" and rising rideshare insurance costs.

Maersk, widely seen as a barometer for global trade, on Wednesday posted record profit for the third quarter on the back of high ocean freight rates.

The Bank of England warned Thursday that the U.K. is facing its longest recession since records began, with the economic downturn expected to extend well into 2024.

Pakistan's former Prime Minister Imran Khan was shot and wounded while leading a massive protest march in the city of Wazirabad.

The Ukrainian government is looking for alternatives to Starlink, the satellite internet arm of Elon Musk's SpaceX, Vice PM Mykhailo Fedorov said.

The dramatic rise in living costs for the country of 85 million has continued unabated for nearly two years.

Olena Zelenska on Wednesday called on Western leaders to offer more military support to Ukraine as Russia's onslaught extends into the winter months.

Sea-based trials of a wave energy converter weighing 50 metric tons have produced "highly encouraging results," its developer says.

Twitter may one day look more like WeChat Pay, the digital payments service of Chinese messaging app WeChat, Wood said.

The British pound is on firmer footing since the appointment of PM Rishi Sunak, but Wall Street still sees further vulnerability over the next 12 months.

Now — right now — is the moment to restore and accelerate China-U.S. collaboration on climate.

Major lenders are confident in the rebound of Hong Kong's and China's economy, even as China ramps up its Covid measures and a 4.5% drop in Hong Kong's GDP.

A Covid outbreak at Apple supplier Foxconn's factory shows the continued challenges factories face in trying to maintain operations while preventing infections.

"We're always looking at how we can enhance the microstructure of our markets, to make sure that investors can participate all the time," says HKEX CEO Nicolas Aguzin.