OPEC+ has ‘kind of broken down’ as Russia loses relevance and group faces tight spare capacity
Oil producers in OPEC+ have not been able to meet their production targets and have limited spare capacity to increase output, analysts said.
CNBC Europe
Gas or renewables? With the world in an unprecedented energy crisis, top CEOs are searching for solutions
Business leaders weigh in on the energy transition and the potential for solar and wind.
Microsoft lowers fourth-quarter guidance, citing unfavorable foreign exchange rates
In an investor slide deck, Microsoft said it lowered its revenue guidance as a result of unfavorable foreign exchange rate movement.
Angela Merkel breaks silence on Ukraine, calls Russia's war 'barbaric'
Merkel has come under heavy scrutiny in the last few months for her history of friendly relations with Russian President Vladimir Putin.
Do Kwon is unlikely to face prison time for $60 billion UST crypto wipeout — fines and lawsuits are more likely
Burned investors are lining up for a shot at recovering their losses, while investigators are taking a close look at how it fell apart.
From EV batteries to coffee: Ideas about recycling and nature are changing how firms do business
Andrea Illy, chairman of coffee giant Illycaffe, says it's time for a change.
Oil group OPEC+ reportedly considering suspending Russia from supply deal
Some members of the energy alliance OPEC+ are considering whether to suspend Russia from an oil production deal, The Wall Street Journal reported.
Here's what's in Biden's $700 million military aid package for Ukraine
The Biden administration has sent a total of about $4.6 billion to Ukraine since Russia invaded this year, according to the Pentagon.
Apple will reportedly move some iPad capacity to Vietnam after China lockdowns
Apple iPad revenue was down 1.92% year over year in Q2. CEO Tim Cook said the segment had 'very significant supply constraints' during the quarter.
Croatian EV supercar maker Rimac raised 500 million euros to make parts for Big Auto rivals
Rimac raised 500 million euros to expand its ability to build high-performance EV components for bigger automakers.
Euro zone inflation hits yet another record high as food and energy prices soar
Inflation came in at 8.1% for the month, hitting a record high for the seventh month in a row.
Russia hits back at the EU's partial oil embargo, says it will find other importers for its crude
The EU's long-delayed sixth package of sanctions against Russia required approval from all 27 member states.
Britain urges people with monkeypox to abstain from sex as cases rise
U.K. health authorities have issued new guidance, including sexual abstinence, for anyone who tests positive for monkeypox.
WHO can’t rule out monkeypox pandemic risk, says there’s a window of opportunity to stop outbreak
The WHO has said it is too soon to tell whether a recent monkeypox outbreak could lead to a global pandemic.
EU struggles to reach an agreement on Russian oil embargo as Hungary holds firm
The talks are largely held up by Hungary, a major user of Russian oil and whose leader Viktor Orban is on friendly terms with Russia's Vladimir Putin.
Chelsea takeover: Todd Boehly completes £4.25bn takeover as Roman Abramovich era ends
The Todd Boehly-led consortium have completed a £4.25bn takeover of Chelsea, ending Roman Abramovich's 19-year ownership of the club.
Egypt set for world's sixth largest high-speed rail system with backing from Germany's Siemens
The fully-electrified line will see trains with a top speed of 230 kilometers per hour travel from the Red Sea to Cairo and beyond.
Burning gas to produce electricity is 'stupid,' the CEO of power giant Enel says
In Francesco Starace's opinion, change is coming to Europe, where the EU has said it wants to be carbon neutral by 2050.
Thousands of people are leaving Hong Kong — and now it's clear where they're going
Many global cities stand to benefit from Hong Kong’s increasing “brain drain” of talent. Here are the major metropolises that are taking the talent in.
How to protect yourself against monkeypox and what to do if you catch it
A recent monkeypox outbreak across the U.S., Europe, Australia and the Middle East has baffled health experts and is raising concerns of a wider outbreak.
Get complete CNBC business news coverage online. Find the latest business news pertaining to Europe. Sector watch news, headlines; top stories is available on the official CNBC Europe site.
Subscribe to CNBC Europe feed