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In Finland, a start-up wants to produce hydrocarbons using renewables

CNBC

Soletair Power is working on a process it says can boost the air quality inside buildings.

November 18th 2019, 6:02 am

Apple Card is just 'another credit card with a few innovative features,' Russian bank exec says

CNBC

Sberbank's David Rafalovsky said he challenges anyone "to give me an example of great ground-breaking innovation in consumer banking."

November 18th 2019, 6:02 am

China is outspending the US on 5G infrastructure, expert says

CNBC

China is ahead of the United States when it comes to investing in 5G infrastructure, a group of panellists at CNBC's East Tech West conference said Monday.

November 18th 2019, 5:32 am

Tech firms are not the greatest threat for banks — lack of innovation is, says Russia's largest bank

CNBC

Sberbank's chief technology officer, David Rafalovsky, says he's not threatened by inroads into financial services by tech firms like Apple, Facebook and Google.

November 18th 2019, 5:32 am

Emirates orders 50 Airbus A350 jets worth a total $16 billion

CNBC

Emirates has ordered 50 Airbus A350 jets, the Dubai state-owned airline announced at the Dubai Air Show on Monday.

November 18th 2019, 5:02 am

Banks must behave 'more like technology companies' to survive, finance execs say

CNBC

Several fintech start-ups have gained popularity with app-based checking accounts, while tech giants are also making moves in the space.

November 18th 2019, 4:29 am

'Liberal arts' and coding as a 'second language': How hiring is changing for banks in Asia

CNBC

Banks in Asia and the Middle East are gearing their hiring plans toward creative minds as they look to embrace the digital age, according to a panel of top executives.

November 18th 2019, 4:18 am

How young Brits can Brexit-proof their money

CNBC

Given the uncertainty that surrounds Brexit, it's important consider the potential impact on your personal finances which is why CNBC asked experts how young Brits can best protect their money.

November 18th 2019, 4:18 am

China cuts short-term funding rate for first time since 2015

CNBC

China's central bank unexpectedly trimmed a closely watched lending rate, the first such cut in more than four years and a signal to markets that policymakers are ready to act to prop up slowing growth.

November 18th 2019, 4:18 am

Fully autonomous cars could be on open roads within 5 years, says self-driving start-up Pony.ai CEO

CNBC

While regulations in both the U.S. and China are favorable, Peng said the industry is progressing "slowly and steadily."

November 18th 2019, 4:18 am

5G doesn't belong to just one country, Cisco's vice president says

CNBC

Guy Diedrich, the vice president and global innovation officer at Cisco, insisted to CNBC that no one country or company would have a monopoly on 5G, the next generation of mobile internet.

November 18th 2019, 4:18 am

Nasdaq exec: A 'phase one' trade deal would give the IPO market the certainty it's looking for

CNBC

The U.S.-China trade war has overshadowed Chinese listings in the U.S., but a "phase one" trade deal would go a long way toward removing uncertainties, says the chairman of Nasdaq Asia-Pacific.

November 18th 2019, 4:18 am

Will hyperloop threaten aviation? 'Not in my lifetime,' says Boeing exec

CNBC

Hyperloop isn't set to threaten the aviation industry anytime soon, a senior Boeing executive told press during the Dubai Air Show.

November 18th 2019, 3:01 am

Huawei chairman says US blacklist has 'limited' impact on company

CNBC

Huawei Chairman Liang Hua tells CNBC at the East Tech West conference in China that the Chinese tech firm is able to ship its products to customers without relying on U.S. parts.

November 18th 2019, 2:02 am

Chinese auto executive identifies what's holding back self-driving cars

CNBC

Hurdles include existing laws, people's mobility habits, and technology that's still changing and maturing, said Feng Xingya, president of Guangzhou Automobile Group.

November 18th 2019, 1:33 am

Akon's advice to young musicians: 'Stop looking for a record deal'

CNBC

Akon says young music artists should avoid looking for lucrative record deals and instead focus on building their careers independently.

November 18th 2019, 1:03 am

China urges US military to 'stop flexing muscles' in the disputed South China Sea

CNBC

The South China Sea for years has been a major point of contention between Beijing and Washington.

November 18th 2019, 12:32 am

The Great Wall of China: 4 ideas for day trips — and 1 to avoid altogether

CNBC

New tours to the Great Wall of China offer experiences far beyond a basic hike. From traveling via sidecar to snapping photos with a drone, get the most from a day trip to one of China's — and the world's — top tourist attractions.

November 18th 2019, 12:03 am

The United States' dubious privilege of being a key currency country

CNBC

The status of the dollar as a key currency and the ultimate reserve asset depends on the Federal Reserve's ability to safeguard its real purchasing power.

November 17th 2019, 11:32 pm

Ford unveils Mustang Mach-E starting at roughly $44,000

CNBC

Top performance models of the Mach-E will achieve 0-60 miles per hour in the mid-3-second range with an estimated 459 horsepower and 612 lb.-ft. of torque, comparable to the upcoming Tesla Model Y SUV.

November 17th 2019, 11:15 pm

The UAE, a major US weapons buyer, is building its own defense capabilities

CNBC

One of the top foreign buyers of American-made weapons — the UAE — is investing in a massive effort to build out its own military capabilities.

November 17th 2019, 11:02 pm

Dubai Airshow opens with paltry sales — only two jets sold amid tough market conditions

CNBC

Only two jets were sold on the opening day of the 2019 Dubai Airshow — a dramatic drop from previous years.

November 17th 2019, 10:12 pm

WeWork reportedly planning to layoff thousands as it attempts to reverse its fortunes

CNBC

WeWork could lay off as many as 6,000 employees as part of painful cost-cutting measures to turn its business, the New York Times reported.

November 17th 2019, 9:56 pm

SoftBank's Yahoo Japan, Line announce merger

CNBC

Japanese telco SoftBank Corp announced on Monday plans to merge its internet unit Yahoo Japan with messaging app operator Line, as it scoops up struggling internet companies to bulk up against rivals such as Rakuten.

November 17th 2019, 9:42 pm

Italy's white truffle hunters worry about climate change

CNBC

The longer-term impact of rising temperatures on the highly prized white truffles is still being studied, but they, like other fungi, grow best in cool, rainy conditions.

November 17th 2019, 8:27 pm

Some Fitbit users say they're getting rid of the devices because they don't trust Google

CNBC

Privacy groups this week began pushing regulators to block the Fitbit acquisition, which the company originally hoped to close in early 2020.

November 17th 2019, 8:27 pm

China is building up its 'shadow reserves' to counter its reliance on the US dollar

CNBC

Beijing is silently diversifying its reserves to reduce its dependence on the world's largest reserve currency, analysts say.

November 17th 2019, 7:27 pm

Asia stocks set to trade higher as investors watch for US-China trade updates

CNBC

Stocks in Asia were set to trade higher at the open on Monday as investors look for further developments on U.S.-China trade.

November 17th 2019, 6:57 pm

Morgan Stanley says global growth should recover in 2020 as trade tensions and monetary policy ease

CNBC

The bank forecasts global economic growth of 3.2% next year, compared to 3% in 2019.

November 17th 2019, 6:27 pm

Hong Kong police threaten to use live bullets in standoff with protesters

CNBC

Hong Kong police threatened on Monday to fire live bullets if "rioters" did not stop using lethal weapons in the latest flare up during anti-government protests that have convulsed the Chinese-ruled city for five months.

November 17th 2019, 2:52 pm

HP board unanimously rejects Xerox's bid to acquire the company

CNBC

The board said the offer undervalues HP and is not in the best interest of shareholders.

November 17th 2019, 2:40 pm

Trump tells Kim to 'get the deal done' after North Korea turns down offer for fresh talks

CNBC

President Trump used Twitter on Sunday to send a new message to North Korean leader Kim Jong Un writing he should "act quickly" to reach a nuclear arms deal.

November 17th 2019, 2:10 pm

Hong Kong protesters fire bows and arrows from campus fortress

CNBC

Hong Kong protesters shot bows and arrows and hurled petrol bombs from a barricaded university campus on Sunday.

November 17th 2019, 5:49 am

Iran supreme leader warns 'thugs' amid gas price protests

CNBC

Iran's supreme leader on Sunday backed the government's decision to raise gasoline prices.

November 17th 2019, 5:32 am

Campaigners target London's V&A Museum over its use of the Sackler name

CNBC

Campaigners gathered at London's famous Victoria and Albert (V&A) Museum Saturday to protest against its display of the Sackler name.

November 17th 2019, 5:02 am

Airbus exec: Boeing's 737 Max grounding benefits no one

CNBC

"It's a tragedy ... it is not good for competitors to see problems on any one particular airplane type," Airbus CCO Christian Scherer told CNBC.

November 17th 2019, 4:44 am

Democrats hold on to Louisiana governor's seat despite Trump

CNBC

Louisiana Gov. John Bel Edwards has stunned Republicans again, narrowly winning a second term Saturday.

November 17th 2019, 2:29 am

Saudi Aramco will not market IPO in the United States, report says

CNBC

Saudi Aramco does not plan to market its domestic initial public offering (IPO) in the United States, two sources familiar with the matter said.

November 17th 2019, 2:11 am

Saudi Aramco IPO set to value company up to $1.7 trillion

CNBC

Saudi Aramco has set a price range for its listing that implies the oil giant is worth between $1.6 trillion to $1.7 trillion.

November 17th 2019, 1:59 am

We expect a big expansion in trade from China: Dubai Airports CEO

CNBC

"We're still seeing very positive growth on the Chinese routes" despite China's economic slowdown, Griffiths told CNBC at the Dubai Airshow.

November 17th 2019, 1:41 am

China and US had 'constructive discussions' about phase-one trade deal, state media reports

CNBC

The two sides had "constructive discussions" about "each other's core concerns" and agreed to remain in close contact, Xhinua reported.

November 17th 2019, 12:26 am

Disney+ isn't really the beginning of the streaming wars — the next year is just a warm-up

CNBC

Disney+ and Apple+ are here, but the average consumer isn't going to look at a menu of a dozen options and select only three or four, thus determining winners and losers. There are too many complicating factors for such a simple calculation.

November 16th 2019, 6:56 pm

Investing returns are likely to be much lower in the years ahead, so here's what to do

CNBC

Major averages continue to scale new heights in a year that posed any number of threats, but the good times may not last.

November 16th 2019, 3:36 pm

Chinese soldiers help clean up Hong Kong streets as protesters leave campuses

CNBC

Hong Kong has been rocked by more than five months of demonstrations by protesters angry at perceived Communist Party meddling in the former British colony, which was guaranteed its freedoms when it returned to Chinese rule in 1997.

November 16th 2019, 10:02 am

Paris police fire tear gas on 'yellow vest' protests anniversary

CNBC

Paris police fired tear gas in northwestern Paris on Saturday to drive back protesters on the first year anniversary weekend of anti-government "yellow vest" demonstrations.

November 16th 2019, 6:27 am

US to extend license allowing its companies to continue business with Huawei, report says

CNBC

The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei Technologies Co Ltd, the New York Times reported on Friday, citing people familiar with the deliberations.

November 15th 2019, 8:52 pm

Prince Andrew says in BBC interview he has no recollection of meeting accuser

CNBC

Britain's Prince Andrew said in comments broadcast on Friday that he had no recollection of ever meeting an American woman who alleges she was forced to have sex with him when she was underage.

November 15th 2019, 8:10 pm

Trump wants South Korea to pay more for defense. He shouldn't stop there

CNBC

President Donald Trump's long-running demand that NATO countries pay more for their own defense isn't just about Europe. Now, the administration is stepping up its efforts to get Asian countries to cough up more too, writes Jake Novak.

November 15th 2019, 4:20 pm

T-Mobile CEO John Legere isn't taking the WeWork CEO job, sources say

CNBC

T-Mobile CEO John Legere isn't considering taking the job at WeWork or leaving the carrier to join any other company.

November 15th 2019, 3:50 pm

Google cancels weekly all-hands meetings amid growing workplace tensions

CNBC

The company said it is scaling back the frequency of it's all-hands meetings, amid growing workplace issues and leaks.

November 15th 2019, 2:16 pm

US officials repeatedly tout positive progress on China trade, and the market still listens

CNBC

The stock market has moved on virtually every U.S.-China trade headline for nearly two years.

November 15th 2019, 1:02 pm

Sterling boosted as Nigel Farage reportedly reduces his Brexit Party challenge in UK election

CNBC

The Brexit Party will reportedly stand down in another 43 seats currently held by other parties.

November 15th 2019, 10:03 am

White House releases memo of Trump's April call with Ukraine's Zelenskiy

CNBC

The congratulatory phone call occurred three months before the more controversial July 25 call that has sparked the House impeachment inquiry.

November 15th 2019, 9:42 am

US retail sales rebound, but big-ticket purchases drop

CNBC

Consumers cut back on purchases of big-ticket household items and clothing, which could temper expectations for a strong holiday shopping season.

November 15th 2019, 9:10 am

Trump to attend NATO meeting in Britain early December

CNBC

Trump will travel to Britain for the meeting of the North Atlantic Treaty Organization from Dec. 2 to 4.

November 15th 2019, 9:10 am

European Investment Bank to scrap funding for fossil fuel projects

CNBC

Board reaches agreement on new energy lending policy following a meeting.

November 15th 2019, 8:56 am

Venice hit by another ferocious high tide, flooding city

CNBC

The central St. Mark's Square was submerged and closed to tourists, while shops and hotels were once more invaded by rising waters bringing fresh misery to the fragile city.

November 15th 2019, 8:56 am

Singles Day sales hit a record high as Chinese buyers rack up their credit card bills

CNBC

A significant portion of sales during this year's Singles Day shopping event in China came from spending on credit, according to estimates from analysts.

November 15th 2019, 7:26 am

China bought most of Greece's main port and now it wants to make it the biggest in Europe

CNBC

China is looking to transform Greece's Piraeus port into the biggest harbour in Europe — making it the most crucial transit hub for trade between Asia and Europe.

November 15th 2019, 4:43 am

Growth in global oil demand more than doubled in the third quarter, IEA reveals

CNBC

Global oil demand in the third quarter of 2019 grew by 1.1 million barrels a day, more than double the previous quarter, according to the IEA.

November 15th 2019, 4:12 am

Global debt surged to a record $250 trillion in the first half of 2019, led by the US and China

CNBC

Global debt hit a record high of over $250 trillion, led by a surge in borrowings in U.S. and China, according to a new report.

November 15th 2019, 4:12 am

UK's Labour vows to nationalise some of BT in free broadband plan

CNBC

Britain's opposition Labour Party said it would nationalize parts of telecoms provider BT's network if it won power in the December 12 election to provide free full-fibre broadband for all.

November 15th 2019, 3:13 am

Airbus is eyeing the secondhand market as it continues to promote the A380

CNBC

Airbus will stop building its A380 superjumbo in 2021 but it sees benefits to a secondhand market.

November 15th 2019, 2:42 am

Hotel points can put you on a Manchester United charter plane — with VIP tickets to a match

CNBC

Forget free rooms. From Super Bowl suites and Disney movie premieres to traveling on a charter flight with Man United, hotels are offering big-ticket experiences to their most loyal guests.

November 15th 2019, 1:55 am

Pentagon's Mark Esper says it's crucial South Korea pay more for US troops

CNBC

South Korea "is a wealthy country and could and should pay more" for the deployment of U.S. military in the South, Esper told a briefing in Seoul after meeting Jeong.

November 15th 2019, 1:42 am

China's major cities drag on new home prices in Oct.

CNBC

The modest rise in prices nationally masked mixed trends across the country with some cities showing signs of rapid cooling while others are still plagued with overheating risks.

November 15th 2019, 12:37 am

Qantas completes 'double sunrise' test flight from London to Sydney

CNBC

The plane on the London-Sydney research flight, a Boeing 787 Dreamliner, carried 50 passengers and had fuel remaining for roughly another 1 hour 45 minutes of flight time when it landed.

November 15th 2019, 12:21 am

China's central bank injects 200 billion yuan to boost liquidity, keeps rate unchanged

CNBC

Several traders said the cash injection was likely a response to tighter liquidity in the interbank market from late Thursday, which pushed up borrowing costs.

November 14th 2019, 11:37 pm

Hong Kong condemns attack on justice secretary as protests paralyze city

CNBC

A statement by the Hong Kong government said Cheng suffered "serious bodily harm" but gave no details. Video footage of the incident showed Cheng falling to the ground.

November 14th 2019, 11:37 pm

Grab CEO says the company can go public 'once we're profitable'

CNBC

Grab, which was valued at $14 billion in March this year, faces a $2 billion payout to Uber if it doesn't go public by March 2023. Uber, a rival ride-hailing app, holds a 27.5% stake in Grab.

November 14th 2019, 10:37 pm

Blockchain could tell you everything about your groceries. Here's what it may cost

CNBC

Suppliers could charge a premium for verified quality and freshness, but those costs may not be passed on to consumers or could ultimately lower prices by circumventing issues.

November 14th 2019, 9:36 pm

China throws its weight behind A.I. and blockchain as it aims to be the world's tech leader

CNBC

At East Tech West, CNBC's premier technology conference held in the Nansha district of Guangzhou, China, the AI, blockchain, fintech and the future of smartphones will be among the topics discussed.

November 14th 2019, 8:36 pm

Alibaba prices Hong Kong listing and looks to raise up to $13.8 billion

CNBC

Shares will be priced at no more than 188 Hong Kong dollars ($24.01), raising up to $13.8 billion if the greenshoe option is exercised.

November 14th 2019, 8:22 pm

The most in-demand freelance jobs right now — and how to bag one

CNBC

Demand for tech and design skills is growing as businesses increasingly look for freelance talent, according to Freelancer's CEO Matt Barrie.

November 14th 2019, 7:49 pm

War crimes court approves investigation into deportation of Myanmar's Rohingya

CNBC

However, the accusation of genocide, while within the jurisdiction of the court, will not be investigated by the ICC, a treaty-based body that is not supported by Myanmar.

November 14th 2019, 7:21 pm

Asia stocks set to nudge higher following overnight S&P 500 record

CNBC

Asia markets were set to trade little changed on Friday following a record close overnight on Wall Street for the S&P 500.

November 14th 2019, 6:35 pm

Apple hires pro-Trump lobbyist as it tries to avoid tariffs on iPhone parts and other products

CNBC

Apple hires pro-Trump lobbyist as it looks to avoid tariffs on iPhone parts and a variety of other products.

November 14th 2019, 6:05 pm

Attorney General Barr says Chinese companies 'Huawei and ZTE cannot be trusted'

CNBC

U.S. Attorney General William Barr wrote a letter November 13 to Federal Communications Commission Chairman Ajit Pai saying Chinese technology giants Huawei and ZTE "cannot be trusted."

November 14th 2019, 4:35 pm

States' massive Google antitrust probe will expand into search and Android businesses

CNBC

So far, the investigation, which is being led by Texas' attorney general, has explicitly focused on Google's advertising business.

November 14th 2019, 3:47 pm

Nancy Pelosi says a USMCA trade deal breakthrough could be 'imminent'

CNBC

House Speaker Nancy Pelosi indicated progress toward a final agreement on President Donald Trump's North American trade deal replacement.

November 14th 2019, 11:43 am

Powell says he doesn't see a 'day of reckoning' coming for the US anytime soon

CNBC

The Fed chair said he does not see signs of any bubbles brewing or dangers being posed by trillion-dollar deficits.

November 14th 2019, 11:25 am

Airbnb CEO on 'most bizarre' customer complaint to date—it involves a ghost named Stanley

CNBC

Airbnb co-founder and CEO Brian Chesky says he has pretty much heard and seen it all when it comes to customer complaints. Here's why the customer with the most memorable complaint wanted a full refund.

November 14th 2019, 11:14 am

Cisco CEO warns big customers are cautious due to US-China trade and Brexit uncertainty

CNBC

"They're just expressing caution that they're concerned about what's going on in the macro environment," says Cisco's Chuck Robbins.

November 14th 2019, 11:14 am

Apple's CEO is about to take a victory lap after charming Trump over tariffs

CNBC

Apple CEO Tim Cook and President Donald Trump are expected to tour Apple's factory in Austin, Texas where the company's new Mac Pro will be assembled.

November 14th 2019, 9:11 am

A start-up is planning a UK network of underground tunnels to deliver 600 million packages a year

CNBC

A former Hyperloop engineer has co-founded Magway, a tech company that uses magnetic motors to power underground tracks that transport parcels and groceries.

November 14th 2019, 9:11 am

Turkey's behavior is 'deeply concerning' but we need patience with them, ex-CIA chief says

CNBC

Petraeus' comments come as Trump hosts Turkish President Recep Erdogan in a controversial visit to Washington.

November 14th 2019, 9:11 am

Credit Suisse says Tesla is running out of time as the major electric car maker, shares to dive 40%

CNBC

Credit Suisse on Thursday noted that Tesla has nearly an 80% share of the U.S. market for electric vehicle.

November 14th 2019, 9:11 am

No more surrender for Brexit Party's Farage in British election

CNBC

Brexit Party leader Nigel Farage rejected demands to further help British Prime Minister Boris Johnson by pulling out of contests with the opposition Labour Party.

November 14th 2019, 8:26 am

OPEC sees smaller 2020 oil surplus ahead of policy meeting

CNBC

OPEC has pointed to a smaller surplus in the oil market next year, although it still expects demand for its crude to drop.

November 14th 2019, 8:26 am

One of the largest aircraft in existence just got a crucial certification

CNBC

The BelugaXL is a highly modified version of the Airbus A330-200 jetliner.

November 14th 2019, 6:53 am

London is testing on-demand public transport services that you can book with an app

CNBC

Technology is changing the way people move around towns and cities.

November 14th 2019, 6:41 am

Monetary policy should not be designed for banks, BNP Paribas chairman says

CNBC

In an era of negative interest rates in Europe, monetary policy should not be geared towards appeasing the banking sector, BNP Paribas Chairman Jean Lemierre has said.

November 14th 2019, 6:41 am

America is ignoring Iraq's turbulent protests at its peril, security experts say

CNBC

Amnesty International has described the government response as "nothing short of a bloodbath."

November 14th 2019, 6:41 am

Saudi Arabia is 'gradually running out of money' and needs IPO to fund reforms, ex-CIA chief says

CNBC

Saudi Arabia needs the initial public offering (IPO) of its state oil company to be successful, the former chief of the CIA David Petraeus said.

November 14th 2019, 6:41 am

China says the trade war should be ended by removing tariffs

CNBC

China is still calling for the U.S. to roll back tariffs as part of any "phase one" agreement.

November 14th 2019, 5:10 am

Razer CEO says firm has seen 'great growth,' is investing in new businesses

CNBC

Gaming hardware firm Razer has seen "great growth" both in the periods before and after its public debut in Hong Kong two years ago, according to the company's co-founder and CEO, Min Liang Tan.

November 14th 2019, 3:11 am

German economy narrowly avoids recession with 0.1% growth in third-quarter

CNBC

The German economy grew by 0.1 percent in the third quarter of 2019, narrowly avoiding a technical recession.

November 14th 2019, 2:20 am

Chinese yuan could strengthen to 6.90 per US dollar if 'phase one' deal is signed, says economist

CNBC

Dariusz Kowalczyk, chief China economist at Credit Agricole, said there's an 80% chance the U.S. and China will sign a "phase one" trade deal.

November 14th 2019, 1:04 am

Motorola just brought back the famous Razr with a display that folds in half, but it costs $1,500

CNBC

Motorola on Wednesday evening announced a new version of the popular Razr phone, this time with a screen that folds in half. It launches on Verizon in January for $1,500.

November 13th 2019, 11:50 pm

China's economy grinds lower as October indicators miss forecasts

CNBC

Industrial production rose 4.7% year-on-year in October, data from the National Bureau of Statistics released on Thursday showed, below the median forecast of 5.4% growth in a Reuters poll.

November 13th 2019, 10:34 pm
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