CNBC World News

Companies including JPMorgan Chase, Morgan Stanley and First Republic have also seen heightened inflows Thursday as SVB's stock tanked.

Iran and Saudi Arabia have long accused each other of destabilizing the region and seen one another as grave security threats.

European banking stocks sold off sharply Friday as jitters surrounding U.S. bank SVB Financial — which plunged 60% Thursday — spread around the world.

Nonfarm payrolls were expected to increase by 225,000 in February, while the unemployment rate was projected to hold at 3.4%, according to Dow Jones.

Even though new car buyers are paying less of a premium than a year ago, the average sale is 8.8% above the manufacturer's suggested retail price, or MSRP.

SVB is a major bank for venture-back companies, and cited cash burn from clients as one reason it was looking to raise additional capital.

U.K. Prime Minister Rishi Sunak and French President Emmanuel Macron on Friday hailed a "moment of reunion" following years of political turmoil post-Brexit.

VC firms are urging their portfolio companies to move money out of embattled lender Silicon Valley Bank, fueling fears of a run on the tech-focused bank.

The touted amenities span over 70,000 square feet and 300 acres and include everything from a giant waterpark to a $1.2 million beachfront cabana.

The U.K. economy grew by 0.3% in January, official figures showed on Friday, exceeding expectations as it continues to fend off what economists see as an inevitable recession.

Men and women have different approaches to wealth, and that affects how they plan to pass their money on to future generations, a new UBS report says.

"They're making it so difficult for women," Twain told CNBC. "They're not giving them that space."

Greece has seen a surge in the number of people applying for its residency by investment program while other European countries call time on such programs.

China has yet to see a strong rebound in consumer spending, according to major companies.

"Believe me, there are people willing to pay the price," one real estate professional told CNBC.

More than 170 trillion plastic particles weighing roughly 2 million metric tons are afloat in the world's oceans, new research reveals.

European telecom bosses have ramped up pressure on regulators to make digital giants shoulder some of the cost of building internet infrastructure.

Investors are getting noticeably jittery about February's jobs report. Markets experienced a sell off, especially in the banking sector.

The Bank of Japan left its negative interest rate unchanged at -0.1%, widely in line with expectations.

The South Asian country is grappling with its worst financial crisis in decades and needs to unlock a $2.9 billion IMF loan that was agreed to in September.