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   NEWS: CNBC WORLD NEWS
CNBC World News
Apr 19, 2024

Messaging app Telegram to allow Tether stablecoin payments
Users of encrypted messaging service Telegram can now start sending money via the stablecoin USDT by using The Open Network blockchain.

CNBC World News
Apr 19, 2024

Israel carries out limited strike against Iran, NBC News source says
Israel launched a limited direct military attack on Iranian soil early Friday morning, a source familiar with the situation told NBC News.

CNBC World News
Apr 19, 2024

German cars are the best in the world, its finance minister insists: 'They do not have to fear Chinese competition'
German cars are "the best in the world" and the country's carmakers do not have to fear competition from China, German Finance Minister Christian Lindner said.

CNBC World News
Apr 19, 2024

Bitcoin price drops below $60,000 before rebounding ahead of halving
Bitcoin rose above $64,000 on Friday after dropping below the $60,000 mark as the cryptocurrency continues to see volatility ahead of the upcoming halving.

CNBC World News
Apr 19, 2024

Israel and Iran: All-out war, or measured retaliation?
A full-blown Israel-Iran war would be devastating to both sides and highly destabilizing for the Middle East.

CNBC World News
Apr 19, 2024

Dutch minister confident ‘crown jewel' chip firm ASML will stay in Netherlands after threat to leave
Dutch Finance Minister Steven van Weyenberg told CNBC's Karen Tso he is "very optimistic about ASML's future and that it will be within the Netherlands."

CNBC World News
Apr 19, 2024

'We've never seen anything like this': Dubai Airports CEO expects normal service within 24 hours after flood chaos
Dubai Airports CEO said he expects services to return "close to normality" soon as the major transit hub deals with the fallout from unprecedented flooding.

CNBC World News
Apr 19, 2024

As India heads to the polls, Modi's BJP is set to get a boost in opposition-ruled Tamil Nadu
Politics in Tamil Nadu has been dominated by regional players with ethno-nationalist ideologies, rooted in the Tamil language and culture.

CNBC World News
Apr 19, 2024

Oil jumps 3%, spot gold hits record high after Israel launches strike in Iran
Oil prices jumped more than 3% after reports of explosions near the Iranian city of Isfahan.

CNBC World News
Apr 19, 2024

Inside the world of flying cars, or eVTOLs, which are moving closer to reality
EVTOLs, or electric vertical take-off and landing vehicles, popularly known as flying cars, are being developed by firms in the United States, Europe and Asia.

CNBC World News
Apr 19, 2024

Israel carries out limited strike against Iran, source says
Israel launched a limited direct military attack on Iranian soil early Friday morning, a source familiar with the situation told NBC News.

CNBC World News
Apr 19, 2024

Taiwan plays a 'very crucial role' in AI supply chain, says Taiwan Stock Exchange CEO
Much of Taiwan's dominance can be attributed to Taiwan Semiconductor Manufacturing Co, the world's largest contract chipmaker.

CNBC World News
Apr 19, 2024

Oil jumps, spot gold hits record high after Israel launches strike in Iran
Oil prices jumped more than 3% after unconfirmed reports of explosions near the Iranian city of Isfahan.

CNBC World News
Apr 19, 2024

China's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.

CNBC World News
Apr 18, 2024

Modi's BJP is set to majorly boost its vote share in opposition-ruled Tamil Nadu as India goes to polls
Politics in Tamil Nadu has been dominated by regional players with ethno-nationalist ideologies, rooted in the Tamil language and culture.

CNBC World News
Apr 18, 2024

Oil prices jump 3% on reports of explosions in Iran
Oil prices jumped more than 3% after unconfirmed reports of explosions near the Iranian city of Isfahan.

CNBC World News
Apr 18, 2024

India kicks off the world's largest elections on Friday. Here's what you need to know
Indians head to the polls on Friday in what will be the world's largest democratic election, as close to one billion voters pick their next government.

CNBC World News
Apr 18, 2024

Netflix forces Wall Street to focus on profit and revenue with decision to stop reporting subscriber numbers in 2025
Netflix will no longer report its quarterly subscriber additions, a sign that the benefits of its password-sharing crackdown may be ending.

CNBC World News
Apr 18, 2024

Trump trial: Full jury chosen for New York hush money case
Donald Trump is charged with falsifying business records in a scheme to silence porn star Stormy Daniels before the 2016 presidential election.

CNBC World News
Apr 18, 2024

Netflix blows past earnings estimates as subscribers jump 16%
Netflix said its subscribers grew 16% to 269.6 million, but said it would no longer regularly report the metric starting next year.

CNBC World News
Apr 18, 2024

TikTok doubles ad buy to fight potential U.S. ban as Congress moves to fast-track legislation
TikTok could be banned in the United States with Congress on the brink of passing a bill that would push parent company ByteDance to divest of the app.

CNBC World News
Apr 18, 2024

Meta's new AI assistant is rolling out across WhatsApp, Instagram, Facebook and Messenger
Meta AI is rolling out across its social media platforms WhatsApp, Instagram, Facebook and Messenger.

CNBC World News
Apr 18, 2024

Elon Musk email says Tesla sent 'incorrectly low' severance packages to laid-off employees
In a brief email to staffers on Wednesday, Tesla CEO Elon Musk said the company sent incorrect severance packages to some employees who lost their jobs.

CNBC World News
Apr 18, 2024

CNBC Inside India: Musk and Modi
Tesla chief Elon Musk is set to meet Indian Prime Minister Narendra Modi soon, and the timing couldn't be any better.

CNBC World News
Apr 18, 2024

Why semiconductors could be the most efficient artificial intelligence play
High demand and a competitive moat could position AI chipmakers for lasting outperformance, experts say.

CNBC World News
Apr 18, 2024

U.S. tech CEOs give India PM Modi boost ahead of election
India's Narendra Modi has been courting U.S. tech company leaders like Elon Musk and Tim Cook ahead of the country's national elections.

CNBC World News
Apr 18, 2024

Airport chaos, sleeping in metro stations, no running water: Dubai's flood mayhem continues
The UAE continues to reel from floods caused by the heaviest rainfall ever recorded in the desert state.

CNBC World News
Apr 18, 2024

Here's why so many electric vehicle startups fail
The EV revolution is a tempting proposition for entrepreneurs. But the business is not for the faint of heart. Successes tend to have a few common traits.

CNBC World News
Apr 18, 2024

Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
The price of DJT has sharply fallen in recent weeks, cutting billions of dollars in value from Trump Media shares held by Donald Trump and others.

CNBC World News
Apr 18, 2024

AI startup Stability lays off 10% of staff after controversial CEO's exit: Read the full memo
Stability AI laid off several employees to "right-size" the business after a period of unsustainable growth, according to an internal memo obtained by CNBC.

CNBC World News
Apr 18, 2024

European Central Bank should cut in June to avoid falling behind inflation curve, policymaker says
The European Central Bank should cut interest rates in June to avoid falling behind the inflation curve, according to one ECB policymaker.

CNBC World News
Apr 18, 2024

Google terminates 28 employees after multicity protests: Read the full memo
Google terminated 28 employees Wednesday, according to an internal memo viewed by CNBC, after a series of protests against Project Nimbus.

CNBC World News
Apr 18, 2024

Qatar re-evaluates key mediator role in Middle East conflict on concerns of ‘political exploitation'
Qatar is reconsidering its role as cease-fire broker between Israel and Palestinian militant group Hamas, the Gulf state's prime minister said.

CNBC World News
Apr 18, 2024

Global police agencies take down massive scam website that defrauded thousands of victims
Britain's Metropolitan Police said in a statement Thursday that the LabHost website was used by 2,000 criminals to steal users' personal details.

CNBC World News
Apr 18, 2024

Beyonce and Shakira song fund Hipgnosis agrees $1.4 billion sale to Concord
Financing for the deal will be supported by Concord's partner Apollo Capital Management, the U.S. private equity giant.

CNBC World News
Apr 18, 2024

World's largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks surge
Norway's giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($110 billion).

CNBC World News
Apr 18, 2024

BP trims down executive team, picks new head of its gas and low carbon energy business
British oil major BP on Thursday trimmed the size of its executive team down to 10 members.

CNBC World News
Apr 18, 2024

Bank of England to cut rates in May, Morgan Stanley says, retaining contrarian call
Morgan Stanley says that the Bank of England will cut interest rates as soon as May, in a notable sign of optimism amid waning market sentiment.

CNBC World News
Apr 18, 2024

Tim Cook visits Singapore amid Apple's Southeast Asia expansion efforts
Tim Cook will meet with Singapore's next leader to conclude a whirlwind tour around Southeast Asia as Apple expands in the region.

CNBC World News
Apr 18, 2024

After chip breakthrough, Huawei launches fresh lineup of phones to challenge Apple in China
Huawei launched the Pura 70 series of smartphones on Thursday in a bid to continue its resurgence in China and ramp up its challenge to Apple in the market.

CNBC World News
Apr 18, 2024

Skytrax names the best airports of 2024 — and Singapore's Changi is no longer No. 1
Singapore's Changi Airport has lost its position as the world's best airport to Doha's Hamad International Airport, according to Skytrax.

CNBC World News
Apr 18, 2024

Cisco debuts new AI-focused security system after $28 billion deal to buy Splunk
Enterprise tech giant Cisco unveiled a new security product, called HyperShield, which it says aims to secure clients' data and devices with the help of AI.

CNBC World News
Apr 18, 2024

China slams U.S. probe into its shipbuilding industry, says move is a 'mistake on top of a mistake'
China on Wednesday said it "firmly opposes" the U.S. investigation into its maritime, logistics and shipbuilding industries.

CNBC World News
Apr 18, 2024

TSMC beats first-quarter revenue and profit expectations on strong AI chip demand
TSMC is the world's largest producer of advanced processors and counts companies such as Nvidia and Apple as its clients.

CNBC World News
Apr 18, 2024

'Where do you see yourself in five years?': Recruitment expert on why you shouldn't care about this age-old question
A quickly evolving job market means having a five year career plan has become difficult. Here's what those in their early careers should consider instead.

CNBC World News
Apr 18, 2024

How electric trucks are becoming the norm for moving cargo
From Europe to California, shipping and logistics operations are transitioning to electric trucks.

CNBC World News
Apr 18, 2024

India kicks off the world's largest elections this week. Here's what you need to know
Indians head to the polls on Friday in what will be the world's largest democratic election, as close to one billion voters pick their next government.

CNBC World News
Apr 18, 2024

Elon Musk says in email that Tesla sent 'incorrectly low' severance packages to some laid-off employees
In a brief email to staffers on Wednesday, Tesla CEO Elon Musk said the company sent incorrect severance packages to some employees who lost their jobs.

CNBC World News
Apr 18, 2024

Google terminates 28 employees after multi-city protests: Read the full memo
Google terminated 28 employees Wednesday, according to an internal memo viewed by CNBC, after a series of protests against Project Nimbus.

CNBC World News
Apr 17, 2024

Malaysia is unfazed by China, U.S. semiconductor competition, minister says
Malaysia appears to be benefitting from U.S.-China trade tensions, which has prompted companies to diversify their semiconductor operations.

CNBC World News
Apr 17, 2024

Baidu releases new AI tools to promote application development
One year after Chinese tech firm Baidu released its ChatGPT-like Ernie bot, the company announced tools to encourage locals to develop AI applications.

CNBC World News
Apr 17, 2024

The cost to ride on India's luxury trains may surprise you
See inside four of India's most luxurious trains: Palace on Wheels, The Golden Chariot, Deccan Odyssey and Maharajas' Express.

CNBC World News
Apr 17, 2024

Tesla is laying off 285 employees in Buffalo, New York as part of a broad restructuring
Earlier this week, Tesla CEO Elon Musk sent a memo company-wide saying that the automaker would be reducing more than 10% of its global workforce.

CNBC World News
Apr 17, 2024

Biden admin, U.S. ports prep for cyberattacks as nationwide infrastructure is targeted
Top Biden administration cybersecurity officials and national port executives discussed hacking threats as more infrastructure across the country is targeted.

CNBC World News
Apr 17, 2024

Google workers arrested after nine-hour protest in cloud chief's office
Nine Google workers were arrested Tuesday after sit-in protests, including a nine-hour sit-in at Google Cloud CEO Thomas Kurian's office in Sunnyvale.

CNBC World News
Apr 17, 2024

Airline executives predict a record summer and even more demand for first class
Delta and United executives have forecast record demand this spring and summer with even more travelers booking in higher classes.

CNBC World News
Apr 17, 2024

Wall Street pushes out rate-cut expectations, sees risk they don't start until March 2025
Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility of no cuts at all this year.

CNBC World News
Apr 17, 2024

ECB June rate cut looks increasingly likely — but there are 'still some caveats,' German central bank chief says
Several ECB officials have made remarks about their expectations for interest rates in recent days.

CNBC World News
Apr 17, 2024

ASML earnings drag semiconductor stocks lower
ASML fell over 8% on a day when the entire S&P 500 index was only down less than 1%.

CNBC World News
Apr 17, 2024

Vince McMahon is taking vacations and in touch with Trump as WWE tries to move on from scandal-plagued ex-CEO
McMahon resigned as executive chairman of the WWE earlier this year after a former employee, Janel Grant, accused him of sexual abuse and trafficking.

CNBC World News
Apr 17, 2024

Top EU official warns on 'weaponization of trade' as tensions ramp up between the U.S. and China
The European Union's trade chief on Wednesday warned against the "weaponization" of trade amid the latest ratcheting up of tensions between the U.S. and China.

CNBC World News
Apr 17, 2024

Tesla asks shareholders to vote again on Musk's $56 billion payout
Tesla CEO Elon Musk's $56 billion pay package will go to another shareholder vote in June, after a Delaware court voided it as excessive.

CNBC World News
Apr 17, 2024

Middle East tensions pose the biggest threat to rate cuts, European Central Bank policymaker says
Geopolitical risk is the biggest threat to a prospective June rate cut from the European Central Bank, according to ECB policymaker Robert Holzmann.

CNBC World News
Apr 17, 2024

Risk of a global recession is minimal, IMF economist says — would take 'a lot to derail'
The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024.

CNBC World News
Apr 17, 2024

Adidas shares rise 8% after first-quarter profit hike, improved outlook
Shares of Adidas jumped on Wednesday after the company raised its full-year guidance and reported a first-quarter profit hike, according to preliminary figures.

CNBC World News
Apr 17, 2024

UAE government unit denies cloud seeding took place before Dubai floods
The NCM said it had tracked the incoming heavy rainfall but did not target any clouds during that period, attributing the storm to natural rainfall.

CNBC World News
Apr 17, 2024

High company valuations a 'worry,' IMF's capital markets chief says
High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF said Tuesday.

CNBC World News
Apr 17, 2024

Apple will 'look at' manufacturing in Indonesia, CEO Cook says, as China diversification push continues
Apple CEO Tim Cook said the company will "look at" manufacturing in Indonesia, following a meeting with the country's President Joko Widodo.

CNBC World News
Apr 17, 2024

Biden wants to triple China tariffs on steel, aluminum imports
President Joe Biden will call on the U.S. Trade Representative to triple the China tariff rate on steel and aluminum imports.

CNBC World News
Apr 17, 2024

Adidas shares rise 6% after first-quarter profit hike, improved outlook
Shares of Adidas jumped on Wednesday after the company raised its full-year guidance and reported a first-quarter profit hike, according to preliminary figures.

CNBC World News
Apr 17, 2024

Russia is expected to grow faster than all advanced economies this year
The IMF forecast will be galling for Western nations which have sought to economically isolate and punish Russia for its 2022 invasion of Ukraine.

CNBC World News
Apr 17, 2024

UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Economists polled by Reuters expected a reading of 3.1%, down from 3.4% in February.

CNBC World News
Apr 17, 2024

Shares of critical chip firm ASML drop 5% as sales miss expectations with 22% fall
ASML on Wednesday said first quarter profit beat expectations while sales missed forecasts, with the compant sticking to its full-year outlook.

CNBC World News
Apr 17, 2024

Photos show heavy rain and severe flooding in the United Arab Emirates
The government there also issued a red warning, and shuttered offices, school and banks.

CNBC World News
Apr 17, 2024

UK inflation eases less than expected to 3.2% in March
Economists polled by Reuters expected a reading of 3.1%, down from 3.4% in February.

CNBC World News
Apr 17, 2024

Bank of Korea chief says won volatility is a little 'excessive' and will intervene if needed
The Bank of Korea will intervene to control currency volatility if needed, the BOK chief said, describing the recent market fluctuations as a little "excessive."

CNBC World News
Apr 17, 2024

Critical chip firm ASML posts profit beat but sales miss expectations with 22% drop
ASML on Monday said first quarter profit beat expectations while sales missed forecasts, with the compant sticking to its full-year outlook.

CNBC World News
Apr 17, 2024

A shift to renewable energy is 'hopeless' without efficiencies, environmentalist says
Explorer and environmentalist Bertrand Piccard estimates that three-quarters of the world's energy goes to waste.

CNBC World News
Apr 17, 2024

Art dealing can be a tricky business. Insiders share the ins and outs of their 'unusual' world
Art dealers said the business can be risky and buying art can be motivated by emotions.

CNBC World News
Apr 17, 2024

UAE hit with severe flooding as record rainfall disrupts Dubai flights
The downpour prompted flight cancellations and delays at Dubai's airport, with travelers stranded for hours in both the terminal and on the tarmac.

CNBC World News
Apr 16, 2024

Singapore non oil domestic exports plunge 20.7%, misses expectations by a huge margin
Official data showed that the decline was due to a decline in non-electronic exports, as well as a high base from last year.

CNBC World News
Apr 16, 2024

Here are the top 15 companies in Singapore to work for, according to LinkedIn
LinkedIn has released its 2024 list of the top companies to work for in Singapore. Investing into the employee experience was key in this year's rankings.

CNBC World News
Apr 16, 2024

China's BYD fires up its car offerings to compete with Tesla and Jeep at the same time
Chinese electric car company BYD is rapidly expanding its lineup to include vehicles that compete with automakers across market segments.

CNBC World News
Apr 16, 2024

K-pop stocks have sold off this year, but Goldman sees a turnaround
The K-Pop market is 'misunderstood', says Goldman Sachs, and it is on track for further growth in its global fanbase

CNBC World News
Apr 16, 2024

Bitcoin halving is likely this week — here's what you need to know
The bitcoin halving usually precedes a price rise for the cryptocurrency to a new all-time high. But this time, things are different.

CNBC World News
Apr 16, 2024

Tesla shares fall to lowest in almost a year after job cuts heighten concerns about waning demand
Tesla's announcement Monday that it's cutting jobs sent the shares down nearly 6%, continuing the year's sell-off.

CNBC World News
Apr 16, 2024

United Airlines slashes 2024 aircraft delivery plan as Boeing crisis leads to delays
United expects to receive fewer aircraft this year and is planning to add leased Airbus A321neos.

CNBC World News
Apr 16, 2024

Fed Chair Powell says there has been a 'lack of further progress' this year on inflation
Powell said that while inflation continues to make its way lower, the current state of policy should remain intact.

CNBC World News
Apr 16, 2024

'Iran is in for the long haul' with oil tanker hijacks, expert says, as U.S. considers more sanctions
China's need for Iranian oil rules out Strait of Hormuz closure, but sowing 'chaos' as a strategy and sanctions threats will lead Iran to hold hijacked tankers.

CNBC World News
Apr 16, 2024

Raimondo: Commerce Dept. will allocate all of the CHIPS Act grant money this year
he Commerce Department is providing grant money to semiconductor companies to incentivize them to build out manufacturing production capabilities in the U.S.

CNBC World News
Apr 16, 2024

Treasury Department plans to impose new sanctions on Iran after Israel attack
Yellen's comments come as Israel's war cabinet is weighing how to respond to the attack in retaliation for an Israeli strike on an Iranian consulate in Syria.

CNBC World News
Apr 16, 2024

Lagarde says ECB will cut rates soon, barring any major surprises; notes 'extremely attentive' to oil
Her comments come shortly after the central bank gave its clearest indication to date that it could start cutting interest rates during its June meeting.

CNBC World News
Apr 16, 2024

Flights are still being disrupted and rerouted after Iran's attack on Israel. Here's what you need to know
Several airlines have suspended flights to Israel while some are swerving flightpaths over the Middle East.

CNBC World News
Apr 16, 2024

IMF upgrades global growth forecast as economy proves 'surprisingly resilient' despite downside risks
The IMF on Tuesday raised its global growth forecast slightly, saying the economy had proven "surprisingly resilient" despite inflationary pressures.

CNBC World News
Apr 16, 2024

AMD rolls out its latest chips for AI PCs as competition with Nvidia and Intel heats up
AMD's new processors will compete against Nvidia's and Intel's chips that are specifically designed for AI PCs.

CNBC World News
Apr 16, 2024

China's inaction on Iran has 'undermined' its influence in the Middle East, analyst says
China's restrained silence in the Middle East conflict is tipping the scales of regional influence back in the U.S.' favor, according to one analyst.

CNBC World News
Apr 16, 2024

Israel's war cabinet is locked between restraint and revenge
Concerns are mounting that the tensions between Israel and Iran could seep into the broader Middle East region.

CNBC World News
Apr 16, 2024

Fire engulfs Denmark's historic stock exchange building, iconic spire collapses
A fire broke out on Tuesday at Denmark's 400-year-old historic stock exchange building, engulfing its iconic spire which collapsed onto the roof.

CNBC World News
Apr 16, 2024

Microsoft invests $1.5 billion in AI firm G42 which faces U.S. scrutiny for China ties
Microsoft will invest $1.5 billion into G42, an artificial intelligence firm based in the United Arab Emirates.

CNBC World News
Apr 16, 2024

U.S. economy will see 'more things break' in 2025 if rates stay high, strategist says
Altaf Kassam told CNBC that classic monetary policy mechanisms had "broken."

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