CNBC World News

Fraudsters are targeting the metaverse with phishing scams to steal land from investors.

The U.S. economic contraction to start the year was worse than expected as weak business and private investment failed to offset strong consumer spending.

Expensive food and warm weather are just a few of the unusual features at this year's postponed World Economic Forum in Davos.

The decision to impose a windfall tax on energy companies marks yet another U-turn for Prime Minister Boris Johnson's government.

"The MENA region is very, very, very vulnerable," Saudi Arabia's finance chief told CNBC during the World Economic Forum at Davos Switzerland.

The U.K.'s competition regulator is assessing whether Google's role in the ad tech industry may be distorting competition.

The layoffs highlight a broader shift in investor sentiment toward high-growth tech companies.

The U.K. government now has the power to intervene in deals that have the potential to threaten national security.

Two investment banks cut their China GDP forecasts this week for a third time this year based on the toll of persistent Covid controls.

Air travel in Singapore is recovering and has reached around 40% of pre-Covid levels despite China's border restrictions, Transport Minister S. Iswaran said.

The Central Bank of Russia on Thursday cut its key interest rate from 14% to 11%, citing a slowdown in inflation and the recovery of the ruble.

Global health concerns loomed over the World Economic Forum once again this year, but business leaders say they are not worried about a new monkeypox outbreak.

As Klarna plans to lay off 10% of its workforce, rival fintech firms Revolut and Wise say they're hiring for hundreds of open roles.

While China revamps its rulebook for tech, the EU is thrashing out its own regulatory framework to rein in AI, but it has yet to pass the finish line.

European stocks are expected to open mixed on Thursday as markets digest the latest signals from the U.S. Federal Reserve regarding rate hikes.

Apple's move comes after Google, Amazon, and Microsoft have made changes to their compensation structures in recent weeks to pay workers more.

President Joe Biden formally introduced the Indo-Pacific Economic Framework this week, revealing Washington's long-awaited Asia-Pacific economic strategy. 

Stocks rose Wednesday after the minutes from the Fed's latest policy meeting showed the central bank could raise rates further than anticipated.

In a letter to investors backing the holding company that Musk is forming to take Twitter private, he expressed his commitment to completing the deal.

The stock dropped in extended trading after the chipmaker gave a light forecast for the current quarter.