CNBC World News

Recessions over the last half a century have ranged from 18 months to just 2 months.

Amazon on Wednesday began laying off some employees in its cloud computing and human resources divisions.

Theranos founder Elizabeth Holmes has appealed a judge's ruling that she report to prison on Thursday.

The glitch caused many companies to fund Facebook ad campaigns that were essentially ineffective.

Favorable climate conditions and a decrease in natural gas costs are fueling a European market rally, a stark contrast to energy crisis fears of last year.

Britain's top competition regulator on Wednesday moved to block Microsoft's acquisition of video game publisher Activision Blizzard.

It's been 37 years since the deadly explosion at the Chornobyl nuclear power plant. Such facilities in Ukraine are now a source of great worry amid the war.

Microsoft and Google are competing to take the lead in artificial intelligence — a battle sparked by the launch of ChatGPT.

The money pipeline to Wall Street remains mostly alive and well while the situation on Main Street is much more in flux.

Huw Pill, the U.K. central bank's chief economist, told a podcast workers and companies were in a game of "pass the parcel" over inflation.

The EU secured a deal to decarbonize the air travel sector, seeking to slash heat-trapping emissions by stimulating the region's green aviation fuel market.

Escalating conflict in Sudan is likely to spill over into the wider region and rest of the world, analysts have suggested.

The Black Sea Grain Initiative, which may expire next month, has helped address the mounting food crisis triggered in part by Russia's war.

China, Europe and the U.S. are major players when it comes to electric cars.

Under the Digital Services Act (DSA), Europe regulators will be able to police content to reduce harmful comments and set rules for the use of artificial intelligence.

India's "LinkedIn Top Companies 2023″ list saw 17 companies making their debut — an indication of "strong momentum" in the country's business ecosystem.

Millions of people are expected to travel to and around the U.K. to witness the coronation of King Charles III and Queen Camilla on May 6.

Google has been investing heavily in cloud infrastructure to try and catch Amazon and Microsoft, but the unit has been unprofitable until now.

Microsoft's Azure cloud revenue topped analysts' estimates, and the company indicated it would keep investing in artificial intelligence.