CNBC World News

The new platform will be called BlackRock Riyadh Investment Management, or BRIM.

Of about 4,000 banks, 282 banks face threats from commercial real estate and higher interest rates, according to a study by Klaros Group.

Hedge funds are "dead" as an investment asset class among members of Tiger 21, a network of ultra-high net worth investors, said founder Michael Sonnenfeldt.

Some customers using the Qantas app on Wednesday were shown the name, flight details and loyalty status of other passengers.

CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.

Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor market.

Across all regions, Starbucks reported shrinking same-store sales and falling traffic.

Adjusted loss before tax was £110.5 million ($137.8 million) compared to a loss of £57.3 million the previous year.

Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.

The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.

A new report says Brussels would need to levy higher than expected tariffs of around 50% on Chinese electric vehicles to dissuade their export into the bloc.

Since its release in 2019, "Formula 1: Drive to Survive" has been credited with everything from helping F1 crack the U.S. to rejuvenating the sport itself.

Finland and Denmark are both targeting "net-negative emissions" in the years to come — despite an intensifying green political backlash.

Tesla is continuing a sweeping reorganization and laying off some 500 employees from its Supercharger team.

AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.

Amazon surpassed analyst expectations for revenue and earnings in the first quarter.

Donald Trump has blamed President Joe Biden for stubbornly high inflation during Biden's presidency.

The stock has had several volatile days in the past month, trading at a high of about $60 a share and a low of just over $20 per share.

Five months after pleading guilty to money laundering violations, Binance founder Changpeng Zhao was sentenced to four months in prison.

Many doctors have been left without a way to get paid for their services.