UK royal Meghan wins battle to keep friends anonymous in lawsuit against paper
CNBC
Meghan, the Duchess of Sussex, has won a court battle to keep the names of five of her friends private for the time being as part of her legal action against a British tabloid, PA Media reported.
August 5th 2020, 6:31 am
Tesla's Chinese rival Xpeng raises $400 million ahead of U.S. IPO, sources say
CNBC
Xpeng has confidentially filed for an initial public offering in the U.S., but has not decided which exchange to list on, sources told CNBC.
August 5th 2020, 5:29 am
Sony shares are at a 19-year high. Analysts are bullish on PlayStation 5, say stock could rally 20%
CNBC
Sony shares are sitting at their highest level since June 2001, despite a dip on Wednesday. Analysts expect further upside as the company prepares to launch PlayStation 5 games consoles.
August 5th 2020, 3:45 am
Taiwan is in a 'delicate' situation with China as military drills intensify, experts warn
CNBC
Taiwan appears to be distancing itself from China in recent months, as military activities around the island intensify amid heightened U.S.-China tensions and the coronavirus pandemic.
August 5th 2020, 12:27 am
Sri Lanka goes to the polls as coronavirus risk recedes
CNBC
The election has twice been postponed this year because of the coronavirus, but government and election officials said the country was in a better position now after a series of lockdowns.
August 4th 2020, 11:27 pm
Singapore's top banks are reporting earnings this week. Here's what to expect
CNBC
The three largest Singapore-listed banks are expected to report another quarter of lackluster financial results due to the coronavirus pandemic and ultra-low interest rates globally.
August 4th 2020, 11:27 pm
U.S. and China set to review phase one trade deal in mid-August
CNBC
Senior U.S. and Chinese officials will review the implementation of the phase one trade deal and likely air mutual grievances due to growing tensions in an August 15 video conference, sources told Reuters.
August 4th 2020, 9:28 pm
Silver is set to outperform gold. Here's why
CNBC
Silver is set to outshine gold, even as both precious metals soar in the midst of a faltering global economy and a weakening U.S. dollar.
August 4th 2020, 9:09 pm
Asia stocks set to trade lower as uncertainty over U.S. coronavirus relief measures lingers
CNBC
Stocks in Asia Pacific were set to trade lower at the open as uncertainty remains over the state of coronavirus relief stateside.
August 4th 2020, 7:57 pm
Stock futures flat as investors await stimulus bill, more earnings
CNBC
The Dow Jones Industrial Average rose for its third straight day on Tuesday.
August 4th 2020, 6:57 pm
Disney edges by with profitable quarter, boasts more than 100 million streaming subscribers
CNBC
The company took a $3.5 billion hit to its operating income from parks being closed during the quarter.
August 4th 2020, 4:39 pm
The Fed is expected to make a major commitment to ramping up inflation soon
CNBC
Officials would pledge not to raise interest rates until both the inflation and employment targets are hit.
August 4th 2020, 4:39 pm
Kodak reportedly under SEC investigation over disclosure of U.S. drug producing deal
CNBC
The SEC's probe, which is still at an early stage, is focused on how Kodak disclosed the deal with the government, the Journal reported, citing people familiar with the matter.
August 4th 2020, 3:09 pm
Apple marketing chief Phil Schiller steps down from role
CNBC
Greg Joswiak will be the next marketing boss at Apple. Schiller will remain an employee at Apple, overseeing the App Store and company events.
August 4th 2020, 2:08 pm
EU launches investigation into Google's $2.1 billion acquisition of Fitbit
CNBC
The European Commission has launched an investigation into Google's proposed acquisition of Fitbit for $2.1 billion.
August 4th 2020, 10:54 am
Equity markets could be stuck in 'fat and flat' range, Goldman Sachs says
CNBC
Equity markets could be stuck in a "fat and flat" range characterized by weaker returns and greater volatility, according to Goldman Sachs Head of Asset Allocation Christian Mueller-Glissmann.
August 4th 2020, 9:54 am
Microsoft reveals more details about its 'Netflix for games' service, launching Sept. 15
CNBC
Cloud gaming will integrated with the Xbox Game Pass app on Sept. 15, allowing users to jump into a game from their smartphone or tablet.
August 4th 2020, 9:24 am
UK reveals more details of its billion-dollar plan for greener homes
CNBC
The scheme was unveiled by Rishi Sunak in July.
August 4th 2020, 9:24 am
Coronavirus live updates: Regeneron reports positive results for antibody drug; WHO explores virus o
CNBC
The coronavirus has infected more than 18.31 million people around the world as of Tuesday, killing at least 694,700 people.
August 4th 2020, 8:20 am
Amazon gets approval to buy 16% stake in UK food delivery firm Deliveroo
CNBC
The U.K.'s competition watchdog has given Amazon's minority investment — which would see it take a 16% stake in Deliveroo — the green light.
August 4th 2020, 7:02 am
After more than 1,000 firms boycotted Facebook, what's next for ads on social media?
CNBC
August 4th 2020, 6:51 am
Online grocery sales 'soaring' in the Middle East and the trend may continue, says retail giant Maji
CNBC
Online demand for groceries has seen a "fantastic surge" in the Middle East during the coronavirus pandemic, and the trend may be here to stay, Alain Bejjani of Majid Al Futtaim told CNBC this week.
August 4th 2020, 6:21 am
Where's Juan Carlos? Spain mulls former monarch's future
CNBC
In a letter published on the royal family's website on Monday, Juan Carlos told his son King Felipe VI he was moving outside Spain.
August 4th 2020, 5:32 am
Investors are dismissing the risk of an inflation spike. Morgan Stanley says that could be a mistake
CNBC
Morgan Stanley believes the vast sums in fiscal stimulus could push up inflation even though many investors are dismissing the chances of higher consumer prices.
August 4th 2020, 5:32 am
Argentina clinches deal with creditors to restructure $65 billion debt, bonds rise
CNBC
Talks as recently as June had hit an impasse when Buenos Aires said it could not "responsibly commit" to the terms offered by creditors.
August 4th 2020, 5:32 am
TikTok is 'caught in the middle' as the U.S. is 'deeply suspicious' of China, analyst says
CNBC
TikTok may not have a lot of intelligence value but its owner Bytedance is in Beijing and its connection to the government is what worries the U.S., said James Lewis from the Center for Strategic and International Studies.
August 4th 2020, 4:51 am
Chinese state media slams U.S. as a 'rogue country' for its planned 'smash and grab' of TikTok
CNBC
The editor-in-chief of the state-backed Global Times called the U.S. a "rogue country" while China Daily likened a potential Microsoft takeover of TikTok to "theft."
August 4th 2020, 3:35 am
This CEO has flown 33 times and spent 160 nights away this year. Here's his safety routine
CNBC
This business traveler has taken 33 flights and spent 160 nights in hotels in 2020 has been on the road for approximately 75% of 2020. To avoid contracting the coronavirus, he has adopted a specific regimen to staying safe on airplanes, in airports and in hotels. This what he does.
August 4th 2020, 3:35 am
BP reports second-quarter loss after major write downs, halves dividend
CNBC
Energy giant BP reported a significant loss for the second quarter on Tuesday, after downgrading the value of some of its assets on expectations of lower commodity prices.
August 4th 2020, 3:35 am
Diageo full-year organic sales fall more than expected
CNBC
Drinks maker reports an 8.4% drop in organic sales for the year ended June 30
August 4th 2020, 3:35 am
Sony's first quarter operating profit falls just 1.1%, beats analyst estimates
CNBC
Sony posted April-June profit of 228.4 billion yen ($2.15 billion), versus 230.9 billion yen a year prior.
August 4th 2020, 3:35 am
Australian retailers suffer worst quarter in two decades, exports shine
CNBC
Australia's retailers are facing a consumption drought as the country's second biggest state locks down to fight the coronavirus,
August 3rd 2020, 11:16 pm
India cannot 'completely block off' all ties with China, former national security advisor says
CNBC
Relationship between India and China, two nuclear powerhouses, deteriorated after a border clash in the Himalayas left 20 Indian soldiers dead.
August 3rd 2020, 10:48 pm
Asia Pacific stocks set to trade higher; Reserve Bank of Australia's interest rate decision awaited
CNBC
The Reserve Bank of Australia's interest rate decision is expected to be out at about 12:30 p.m. HK/SIN on Tuesday. That comes as social distancing measures have been ramped up in the Australian state of Victoria to contain the coronavirus.
August 3rd 2020, 7:47 pm
China wants a seat in an international tribunal for maritime disputes. The U.S. is against it
CNBC
The U.S. suggested that China shouldn't be given a seat in the tribunal because it disregards international sea laws in the South China Sea.
August 3rd 2020, 7:47 pm
U.S. stock futures open flat after Monday's tech-powered rally
CNBC
U.S. stock futures traded along the flatline after the major averages logged in sharp gains to start the new month earlier in the day.
August 3rd 2020, 6:45 pm
Virgin Galactic reports another quarterly loss, aiming to fly Richard Branson in early 2021
CNBC
Space tourism venture Virgin Galactic reported second quarter results after the bell on Monday.
August 3rd 2020, 4:30 pm
President Trump says it might be easier if Microsoft buys all of TikTok rather than 30%
CNBC
Microsoft had previously said it could buy TikTok's operations in the U.S., Canada, Australia and New Zealand.
August 3rd 2020, 2:44 pm
Microsoft has until Sept. 15 to resolve a lot of thorny questions if it wants to buy TikTok
CNBC
There are still a number of questions that need to be answered before Microsoft can seal a deal to acquire TikTok's U.S. operations.
August 3rd 2020, 1:27 pm
Virgin Galactic partners with Rolls-Royce as it looks to build an aircraft for supersonic air travel
CNBC
Space tourism venture Virgin Galactic announced it signed an agreement with Rolls-Royce to develop an aircraft for supersonic travel.
August 3rd 2020, 10:55 am
WHO says there's no 'silver bullet' to defeat coronavirus and 'there might never be'
CNBC
For now, world leaders can stop new outbreaks by practicing the "basics" of public health and disease control, the WHO chief said.
August 3rd 2020, 10:55 am
As coronavirus cases rise, Africa's economic recovery hangs in the balance
CNBC
As many African nations have emerged from strict lockdown measures over the month of July, coronavirus cases have accelerated across the continent, casting doubt over the prospect of an imminent economic recovery.
August 3rd 2020, 9:12 am
Microsoft deal raises big questions about TikTok's future in Europe
CNBC
Questions are being asked about TikTok's future in Europe after Microsoft announced it is in discussions to buy TikTok in the U.S..
August 3rd 2020, 8:43 am
Coronavirus live updates: Eli Lilly begins late-stage trials for antibody drug; Russia plans mass va
CNBC
The coronavirus has infected more than 18.09 million people around the world as of Thursday, killing at least 689,625 people.
August 3rd 2020, 8:13 am
The UAE becomes the first Arab country to launch its own nuclear energy program
CNBC
The Barakah plant's Unit 1 is the first of the country's planned four reactors, which when complete are expected to meet 25% of the country's electricity needs with zero carbon emissions.
August 3rd 2020, 7:52 am
Russia gears up for mass vaccination against coronavirus despite international skepticism
CNBC
Doctors and teachers would be the first to be vaccinated, Russia's health minister said, while mass vaccinations are planned for October.
August 3rd 2020, 7:24 am
OPEC+ is facing a 'very delicate, fragile balancing act' in the oil market, strategist says
CNBC
OPEC and its allies need to find a balance between supporting oil prices and keeping U.S. crude production at bay, John Driscoll of JTD Energy Services said this week as the oil-producing group starts to roll back supply cuts.
August 3rd 2020, 5:54 am
Zoom to halt direct sales of products to users in China and switch to partner-only model
CNBC
Zoom said on Monday it will no longer sell new or upgraded products directly to customers on the Chinese mainland. Instead, it will offer its video conferencing services via third-party partners.
August 3rd 2020, 5:08 am
'Europe's last dictator' battles coronavirus, mass protests and suspected Russian mercenaries to sta
CNBC
Belarusian President Alexander Lukashenko, 65, is seeking his sixth term in office having been in power since 1994.
August 3rd 2020, 4:38 am
After Big Tech's grilling on Capitol Hill, Brussels could be next
CNBC
American lawmakers fear current antitrust laws are not fit for the digital economy. This is a concern also shared by many lawmakers in Europe.
August 3rd 2020, 4:19 am
U.S. moves against TikTok reflect a pushback against China's rise as a tech power, expert says
CNBC
TikTok has said U.S. user data is stored in the country itself with a backup in Singapore and that its data centers were located outside China.
August 3rd 2020, 3:22 am
TikTok parent ByteDance accuses Facebook of 'plagiarism and smear' as it goes on the front foot
CNBC
ByteDance said it has "encountered all kinds of complex and unimaginable difficulties" in trying to become a global company including "plagiarism and smear" from its rival Facebook.
August 3rd 2020, 3:22 am
The gadgets and software that could help us return to the office
CNBC
Tech firms big and small have been developing everything from wearable devices to thermal imaging cameras to help businesses equip their office spaces for the future.
August 3rd 2020, 2:22 am
Siemens Healthineers expands into cancer care with $16.4 billion deal for Varian
CNBC
German health group Siemens Healthineers said on Sunday it was buying Varian Medical Systems Inc of the United States for $16.4 billion in a deal that seeks to create the global leader in cancer care solutions.
August 3rd 2020, 1:36 am
SocGen misses expectations as it sets aside more for coronavirus-related loan losses
CNBC
Societe Generale reported a net loss of 1.26 billion euros for the second quarter of the year, missing market expectations.
August 3rd 2020, 1:22 am
Alibaba expanded during the SARS health crisis — and its co-founder has advice to share
CNBC
Leading a company through crisis is no mean feat. For those that get it right, it can be an opportunity to set the business apart from the pack, according to Alibaba's executive vice chairman.
August 3rd 2020, 12:52 am
Here's what you need to know about HSBC's upcoming interim results
CNBC
HSBC is scheduled to release its financial report for the first six months of this year at 12 p.m. HK/SIN time.
August 2nd 2020, 11:33 pm
Microsoft confirms talks to buy TikTok in U.S., aims to finish deal by Sept. 15
CNBC
Microsoft confirmed that it has been discussing an acquisition of the trendy app in the U.S. and other countries.
August 2nd 2020, 10:36 pm
A private survey showed China's manufacturing activity expanded in July
CNBC
The Caixin/Markit manufacturing Purchasing Managers' Index (PMI) for China came in at 52.8 for July.
August 2nd 2020, 10:36 pm
Japan jumps 2%; private survey on China's July manufacturing activity comes in above expectations
CNBC
A private survey released Monday showed China's manufacturing activity expanded in July. The Caixin/Markit manufacturing Purchasing Manager's Index came in at 52.8 for July, above expectations for a reading of 51.3 by economists in a Reuters poll.
August 2nd 2020, 10:36 pm
Two chipmakers are the best bet on future tech growth, long-time tech investor Paul Meeks says
CNBC
Look beyond Apple and Microsoft, says long-time investor Paul Meeks. He says these semiconductor stocks are the best bet in the space.
August 2nd 2020, 10:36 pm
U.S., China must 'step up' to lead in the coronavirus crisis or emerging economies may sink, experts
CNBC
Both the U.S. and China have to "step up to the plate" and provide global leadership, during a time when the world's poorest countries are in trouble because of the coronavirus pandemic, said a top economist.
August 2nd 2020, 10:36 pm
U.S. stock futures flat as earnings season, stimulus talks continue
CNBC
Futures held steady at the start of the overnight session Sunday evening as investors turned their attention back to Washington.
August 2nd 2020, 6:50 pm
SpaceX's Crew Dragon splashes down in the Gulf of Mexico, completing a historic NASA mission
CNBC
SpaceX safely returned a pair of NASA astronauts to Earth on Sunday afternoon, concluding the critical Demo-2 mission for Elon Musk's company.
August 2nd 2020, 3:19 pm
Stimulus talks: White House, Dems still agree on $1,200 checks but deadlocked on unemployment assist
CNBC
Familiar fault lines continue to separate the White House and congressional Democrats on the next coronavirus stimulus package a day after an extended meeting between House Speaker Nancy Pelosi and administration officials.
August 2nd 2020, 2:04 pm
Hong Kong issues arrest warrant for U.S. citizen under new national security law
CNBC
"I woke up to media reports that I am a wanted fugitive," said activist and U.S. citizen Samuel Chu.
August 2nd 2020, 1:18 pm
Dr. Birx warns U.S. in new phase of coronavirus pandemic with 'extraordinarily widespread' cases
CNBC
The U.S. coronavirus death toll will depend on how southern and western states with the worst outbreaks respond to the virus over the coming weeks, Birx said.
August 2nd 2020, 12:31 pm
Trump's threatened TikTok ban could motivate young users to vote, some say
CNBC
"If it hasn't already, I think this will definitely be a gamechanger in young voters going out and voting for sure," one user said.
August 2nd 2020, 12:19 pm
Trump to take action on Chinese software firms in the coming days: Pompeo
CNBC
President Donald Trump will announce new action "in the coming days" related to Chinese software companies that his administration views as a threat to U.S. national security, Secretary of State Mike Pompeo said Sunday.
August 2nd 2020, 12:19 pm
From travel pods to private jets, affluent travelers are eager to make vacations happen
CNBC
Affluent travelers appear to be more resilient than most, making plans and holding onto reservations made pre-pandemic. Industry experts see this resilience among luxury travelers as an encouraging sign that a rebound might be just around the corner.
August 2nd 2020, 10:34 am
Retail rents plummet across New York City, as America's glitzy shopping districts turn into ghost to
CNBC
New York City retail rent dropped below $700 for the first time since 2011. These plummeting prices should serve as a warning for other glitzy shopping districts.
August 2nd 2020, 9:33 am
Australia's Victoria imposes curfew, state of disaster to contain COVID-19
CNBC
The new restrictions, to be in place for six weeks until mid-September, will allow only one person per household to go shopping once a day.
August 2nd 2020, 9:33 am
These Caribbean islands are making it easier (and cheaper) to gain citizenship
CNBC
While many Caribbean islands offer citizenship for investment, the pandemic has forced some to discount their programs to find new sources of revenue as tourism tanks.
August 2nd 2020, 9:33 am
Aubameyang double helps Arsenal beat Chelsea for 14th FA Cup trophy
CNBC
Arsenal skipper Pierre-Emerick Aubameyang scored twice to help his side secure a 2-1 win over 10-man Chelsea in the FA Cup final on Saturday for a record-extending 14th crown in the competition — and a spot in next season's Europa League.
August 1st 2020, 3:40 pm
Vietnam reports first coronavirus deaths after months of successful curbs
CNBC
Vietnam recorded its first two deaths from Covid-19 on Friday after winning plaudits worldwide for one of the most successful national responses to the pandemic.
August 1st 2020, 9:03 am
Trump says he will ban TikTok through executive action as soon as Saturday
CNBC
President Donald Trump on Friday told reporters he will act as soon as Saturday to ban Chinese-owned video app TikTok from the United States.
July 31st 2020, 11:15 pm
Dr. Fauci says coronavirus is so contagious, it won't likely ever disappear
CNBC
Fauci's testimony before a House subcommittee are at odds with President Trump, who has repeatedly claimed that the virus would "disappear."
July 31st 2020, 11:15 pm
Elon Musk says 'China rocks' while the U.S. is full of 'complacency and entitlement'
CNBC
Tesla CEO Elon Musk, in an interview out Friday, compared the US to a sports team that stands poised to lose after years of winning.
July 31st 2020, 5:56 pm
Microsoft and TikTok doesn't have to make strategic sense if the deal is simply too good to pass up
CNBC
Microsoft is in talks to acquire TikTok. While the deal doesn't further Microsoft's mission of servicing enterprise customers, it may be too good of an opportunity to pass up.
July 31st 2020, 5:12 pm
Microsoft is reportedly in talks to buy social app TikTok
CNBC
Reports of Microsoft's interest in TikTok come after the Trump Administration showed interest in blocking the app in the U.S.
July 31st 2020, 4:29 pm
Apple surpasses Saudi Aramco to become world's most valuable company
CNBC
Apple shares closed up 10.47% Friday, giving it a market valuation of $1.84 trillion. Saudi Aramco, which had been the most valuable publicly listed company since its market debut last year, now trails at $1.76 trillion as of its last close.
July 31st 2020, 4:29 pm
17-year-old accused of masterminding Twitter Bitcoin scam
CNBC
A 17-year-old in Tampa, Florida, is being accused of taking over Elon Musk, Bill Gates, Barack Obama and numerous other celebrities' Twitter accounts to scam people into sending him Bitcoin.
July 31st 2020, 3:25 pm
World Health Organization reports largest ever single-day increase in coronavirus cases across globe
CNBC
July 31st 2020, 2:13 pm
How SpaceX won the race against Boeing to send NASA astronauts to space
CNBC
The launch of SpaceX's Crew Dragon capsule to the International Space Station marked the first time NASA astronauts took off from U.S. soil since 2011. The event also represented the first time a commercially built spacecraft carried NASA astronauts, an achievement that SpaceX and Boeing have vied for for years under NASA's Commercial Crew Program.
July 31st 2020, 1:13 pm
UK PM Boris Johnson postpones easing of coronavirus lockdown measures in England
CNBC
The move comes after the government imposed restrictions across swathes of northern England following a rise in the rate of transmissions.
July 31st 2020, 8:21 am
Fiat Chrysler reports $1.2 billion loss in the second quarter
CNBC
Fiat Chrysler lost $1.24 billion (1.1 billion euros) in the second quarter as the coronavirus caused rolling shutdowns at its plants across the globe.
July 31st 2020, 8:08 am
Coronavirus live updates: U.S. cases jump by 67,000; Sanofi, GSK nab $2.1 billion in vaccine deal
CNBC
The coronavirus has infected more than 17.3 million people around the world as of Friday, killing at least 673,822 people.
July 31st 2020, 8:08 am
U.S. agrees to pay Sanofi and GSK $2.1 billion for 100 million doses of coronavirus vaccine
CNBC
The agreement with Sanofi and GlaxoSmithKelin is the government's second in less than two weeks for 100 million doses of vaccine.
July 31st 2020, 7:38 am
Australia to force Google and Facebook to pay news publishers
CNBC
A draft mandatory code announced by the Australian government would force Google and Facebook to pay news outlets for using their content.
July 31st 2020, 6:48 am
Chinese Tesla rival Xpeng Motors in talks over $300 million in funding ahead of U.S. IPO, sources sa
CNBC
Xpeng Motors, one of Tesla's rivals in China, is in talks to raise around $300 million in funding ahead of an initial public offering (IPO) in the U.S., two sources familiar with the matter told CNBC.
July 31st 2020, 6:48 am
Hong Kong postpones election as coronavirus cases surge
CNBC
The legislative council vote was due to take place in September, but has been postponed amid a rise in virus cases.
July 31st 2020, 6:34 am
'We have to improve our operations to be more sustainable,' LafargeHolcim CEO says
CNBC
Jan Jenisch was speaking to CNBC's "Squawk Box Europe".
July 31st 2020, 6:17 am
Euro zone GDP plunged by a record 12.1% in the second quarter
CNBC
The euro zone economy contracted by 12.1% in the second quarter of 2020, compared to the first three months of the year, according to preliminary data from the region's statistics office.
July 31st 2020, 5:17 am
Nokia posts surprise second-quarter profit jump as new CEO takes the helm
CNBC
Nokia saw its profits rise 22% to 316 million euros ($376 million) in the second quarter despite quarterly revenues falling 11% to 5 billion euros.
July 31st 2020, 5:17 am
Monzo's losses double as popular UK digital bank warns of pandemic uncertainty
CNBC
Monzo said disruption resulting from Covid-19 has led to "significant doubt" about its ability to continue "as a going concern."
July 31st 2020, 3:33 am
NatWest tumbles to first half loss on pandemic bad loan charge
CNBC
NatWest Group plunged into the red in the first half of the year after setting aside a fresh 2.1 billion pound ($2.76 billion) provision against a potential surge in loan losses due to the COVID-19 pandemic.
July 31st 2020, 2:34 am
BNP Paribas posts profit beat and steps up loss provisions amid the pandemic
CNBC
The results beat expectations as analysts had forecast 1.48 billion euros in net income.
July 31st 2020, 2:34 am
Critics slam Hong Kong's move to disqualify pro-democracy candidates from September election
CNBC
The U.K. has condemned the disqualification of pro-democracy candidates from Hong Kong's upcoming legislative council election.
July 31st 2020, 2:01 am
Apple managed growth in China, helped by 'record' iPad and services revenue plus an iPhone bounce
CNBC
Apple CEO Tim Cook said that services revenue set a new June quarter record in China. Chief Financial Officer Luca Maestri added that iPad also set a June quarter revenue record in Greater China.
