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Created: Fri, 03 Feb 2023 22:29:22 GMT
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Cost cuts have replaced growth on Wall Street's checklist, and tech executives are being celebrated for efficiency over innovation.
Created: Fri, 03 Feb 2023 17:58:53 GMT
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Nonfarm payrolls were expected to increase by 187,000 in January, according to Dow Jones estimates.
Created: Fri, 03 Feb 2023 14:47:01 GMT
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Shares of India's Adani Enterprises have plummeted over the past week after the publication of an extensive critical report from U.S. short-seller Hindenburg Research.
Read more: Some of Wall Street's biggest names are exposed to the Adani Enterprises plunge
Created: Fri, 03 Feb 2023 22:18:43 GMT
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Secretary of State Antony Blinken will postpone his trip to China next week after a suspected Beijing-operated spy balloon looming over parts of Montana.
Read more: Blinken tells China its spy balloon was ‘irresponsible’ after canceling Beijing trip
Created: Fri, 03 Feb 2023 22:14:27 GMT
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EU officials are likely to pour some cold water on Ukraine's membership hopes, as many reforms are still required in order to meet the bloc's requirements.
Created: Fri, 03 Feb 2023 06:16:55 GMT
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Goldman Sachs is doubling down on Europe's fortunes versus the U.S. this year — unless one specific market move occurs.
Read more: Goldman Sachs says European stocks will continue to outperform the U.S. Here's why
Created: Fri, 03 Feb 2023 22:34:17 GMT
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Traders assessed a strong U.S. jobs report that suggest higher rates for longer, as well as disappointing tech earnings.
Read more: Stocks fall on Friday, but S&P 500 notches winning week as strong 2023 continues
Created: Fri, 03 Feb 2023 01:15:18 GMT
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China is the world's largest online game market, according to Goldman Sachs, naming a Chinese tech giant it thinks is well-placed to cash in.
Created: Fri, 03 Feb 2023 11:25:42 GMT
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A sharp drop in the value of the U.S. dollar against the yen weighed on the value of Japan's Government Pension Investment Fund's foreign assets.
Read more: World's biggest pension fund posts loss in longest losing streak in two decades
Created: Fri, 03 Feb 2023 15:41:54 GMT
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Chinese authorities said Friday that a suspected Beijing-operated spy balloon spotted hovering over sensitive U.S. airspace was in fact a civilian airship intended for scientific research.
Read more: China says suspected spy balloon over U.S. skies is a civilian airship
Created: Fri, 03 Feb 2023 20:34:06 GMT
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On Thursday, Hong Kong's leader John Lee announced the city is giving away 500,000 flights in an effort to revive its economy after strict pandemic policies.
Read more: Hong Kong is giving away 500,000 flights this year—here’s what to know
Created: Fri, 03 Feb 2023 11:06:00 GMT
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CNBC's Sustainable Future takes a look at the emerging pink hydrogen sector and the role it could play in the planet's shift to a low-carbon future.
Created: Fri, 03 Feb 2023 14:22:10 GMT
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Plenty of parents are giving their children phones before then, according to a 2021 study by review site Common Sense Media.
Read more: Samsung exec says he wouldn't give a smartphone to his daughter until she was 11
Created: Fri, 03 Feb 2023 21:21:50 GMT
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U.S. Treasury yields jumped up Friday following strong jobs data.
Read more: Treasury yields leap after much hotter jobs report than expected
Created: Fri, 03 Feb 2023 08:17:44 GMT
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Pakistan's foreign currency reserves are so depleted it has only enough to pay for roughly three weeks of imports.
Read more: Blackouts, currency dives and corruption: Pakistan's economy is on the brink of collapse
Created: Fri, 03 Feb 2023 12:20:48 GMT
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In an interview with the BBC, Microsoft co-founder Bill Gates questioned whether Musk's vision of colonizing Mars was a good use of money.
Read more: Bill Gates says Elon Musk's ambition to colonize Mars is not a good use of money
Created: Fri, 03 Feb 2023 06:17:42 GMT
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It is thought that the EU's forthcoming embargo on Russian petroleum products will be both more complex and more disruptive than what has come before.
Created: Fri, 03 Feb 2023 11:07:33 GMT
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CEO Jim Farley wants Ford to become a far more efficient company, and he needs it to happen quickly.
Read more: Ford CEO Jim Farley's frustration builds as he vows to transform the automaker
Created: Fri, 03 Feb 2023 10:06:57 GMT
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Xpeng, a Chinese electric vehicle startup, launched its P7 sedan and its G9 sports utility vehicle (SUV) in Denmark, Norway, the Netherlands and Sweden.
Read more: Chinese Tesla rival Xpeng launches flagship EVs in Europe in international push
Created: Fri, 03 Feb 2023 09:00:01 GMT
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China needs to do more in order to fix its real estate problems, the International Monetary Fund said Friday.
Read more: China's real estate crisis isn't over yet, IMF says
Created: Fri, 03 Feb 2023 10:58:58 GMT
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Investors on Friday digested Wall Street's rally driven by technology stocks after Meta surged 23% on a better-than-expected earnings report.
Read more: Adani shares close higher after brief 35% plunge on Hindenburg jitters; Asia stocks mixed
Created: Fri, 03 Feb 2023 05:53:34 GMT
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Adani Enterprises will be removed from the Dow Jones Sustainability Indices, effective Feb. 7, S&P said in an announcement.
Read more: S&P Dow Jones is knocking Adani Enterprises off its sustainability index
Created: Fri, 03 Feb 2023 07:43:18 GMT
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Sanctions imposed on Russian crude oil have so far have "failed completely" and new price caps could prove immaterial as well, analysts told CNBC.
Read more: Sanctions on Russian crude oil have 'failed completely,' oil analyst says
Created: Fri, 03 Feb 2023 07:27:33 GMT
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It started to ship its first 999 EVs in November last year, but has not delivered them to customers yet after initially targeting December deliveries.
Read more: Vietnam EV maker VinFast delays U.S. car deliveries until late February
Created: Fri, 03 Feb 2023 05:06:41 GMT
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The "Hello Hong Kong" campaign, launched Thursday, will offer 500,000 free air tickets over the next six months, starting in March.
Read more: Hong Kong will give away half a million plane tickets. Here's who can get them first
Created: Thu, 02 Feb 2023 12:32:04 GMT
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Private shore excursions let cruisers make their own plans, choose their restaurants and spend the day with a local guide — without a cruise ship bus in sight.
Read more: Not a fan of cruising? The hack that could change your mind
Created: Thu, 02 Feb 2023 22:22:07 GMT
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Neuroscientist Richard Restak has spent decades studying how to enhance brain health and memory. Here's how he stays mentally sharp at 81 years old.
Read more: An 81-year-old brain doctor's 7 'hard rules' for keeping your memory 'sharp as a whip'
Created: Fri, 03 Feb 2023 02:59:36 GMT
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"We see Singapore as a strategic market for Weixin," Etienne Ng, Southeast Asia's regional director for Tencent's Weixin Pay, told CNBC in an email.
Created: Fri, 03 Feb 2023 00:58:46 GMT
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Apple's overall sales for the holiday quarter were about 5% lower than last year's, the first year-over-year sales decline since 2019.
Read more: Apple sales drop 5% in largest quarterly revenue decline since 2016
Created: Fri, 03 Feb 2023 01:02:15 GMT
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"A cryptocurrency is not a currency, not a commodity, and not a security," the 99-year-old Munger said in an op-ed published in the WSJ Wednesday evening.
Read more: Charlie Munger says the U.S. should follow in China's footsteps and ban cryptocurrencies