CNBC World News

Qualcomm has been sued by a British consumer rights group for allegedly taking advantage of its dominance in the patent and licensing chip markets.

European leaders will say on Thursday that all non-essential travel needs to remain restricted as the health situation remains "serious".

Military-controlled state and media companies will also be blocked, while army-linked commercial firms will not be able to advertise on Facebook and Instagram.

The Dow Jones Industrial Average jumped more than 400 points overnight stateside to a record closing high of 31,961.86.

Standard Chartered on Thursday warned stock market valuations appear to have reached unsustainable levels amid a period of "speculative hype."

Hong Kong's markets tumbled on Wednesday following the announcement of an increase in the stamp duty on stock transfers to 0.13% from 0.1%.

Frequent clashes and cross-border shelling along the Line of Control in recent months reportedly killed multiple civilians.

The former European Central Bank chief has ambitious plans to reform the country and that is making investors bullish on Italian stocks.

In the last five year, Netflix has invested $700 million to expand its slate of Korean content.

It comes days after the Australian government introduced several last-minute changes to the proposed bill.

GameStop announced Wednesday that its chief financial officer Jim Bell will resign on March 26.

The action follows calls from bipartisan members of Congress and industry leaders warning about the potential consequences of the shortage.

Moderna said it has shipped to the NIH doses of a new Covid-19 vaccine designed to provide better protection against the variant from South Africa.

Nvidia stock has had a lot of momentum in recent months, with the stock rising over 106% in the past year.

A decline in many stock markets has been overdue, but strong fundamentals and company earnings mean the current wobble is a buying opportunity, says State Street's Mehvish Ayub.

"I don't think bitcoin is going to end up the medium of exchange for the world. It's too volatile to serve well as a medium of exchange," Munger said.

The sums spent by the companies ended up much higher than expectations, reflecting how important securing licenses for the airwaves is for the carriers.

General Motors believes the worst of a global chip shortage that's forced automakers to cut production and close plants could be behind it.

The stock closed down 18.5% to $28.70 a share, adding to a tumultuous week for the special purpose acquisition company, also known as a SPAC.

The strong performance in economically sensitive names lifted the broader market higher.