CNBC World News

Mortgage rates have fallen to below 2% in recent years, but interest rates are rising rapidly in Australia as the central bank looks to tame inflation.

South Korean officials have established a "bilateral engagement channel" with U.S. counterparts to resolve issues stemming from the Inflation Reduction Act.

SoftBank founder Masayoshi Son had foreshadowed cost-cutting this summer after the company posted a $21.6 billion quarterly loss for the Vision Fund.

Google previously cut parts of Stadia's team, and the company has been looking for other places to shed costs.

Musk and Twitter are set to go to Delaware Chancery Court in mid-October over the Tesla CEO's attempt to get out of his $44 billion deal to buy the company.

An Apple representative confirmed the departure to CNBC, saying, "Tony is leaving Apple."

Nike said its revenue rose in its fiscal first-quarter despite supply-chain volatility, while swollen inventories weighed on its profit.

Alisa Bowen has been tapped to take on the top mantle of the Disney+ subscription service.

The deal involving Phil Collins and Genesis comes after similar deals involving Bob Dylan and Bruce Springsteen.

The Cactus Plant Flea Market Box is a collab with the famous streetwear brand.

Initial filings for unemployment claims fell last week to their lowest level in five months, a sign that the labor market is strengthening.

Swedish police are currently investigating the Nord Stream gas leaks and the European Union suspects sabotage.

Airlines aren't pulling back on U.S.-Europe capacity the way they did in 2019, before the Covid pandemic.

"The Indo-Pacific tilt is here to stay," James Cleverly said at the Milken Institute Asia Summit. "It is permanent."

Citroen says vehicle has a target weight of roughly 1000 kilograms, or one metric ton.

The storm made landfall over the west coast of Florida as a category 4 storm on Wednesday afternoon, according to the National Hurricane Center.

Truss said her widely-criticized policies, which caused chaos in U.K. markets, would grow the economy while supporting households with higher bills.

The original range for the non-voting preferred shares was set between 76.50 euros and 82.50 euros in a prospectus released Sept. 19.

Leapmotor and Onewo, whose initial public offerings were among Hong Kong's largest for the year, dropped on their first day of trade in the city on Thursday.

Benefits of working with FIFA to create more jobs in Africa offsets the controversies surrounding Qatar, the World Trade Organization said.