CNBC World News

Oil prices slumped overnight on demand concerns arising from a new lockdown in Shanghai, diving more than 8%.

The company reportedly aims to lower production of its iPhone SE, its first 5G capable phone costing $429, by about 2 million units to 3 million.

Tesla wants to split its stock so it can pay a stock dividend to shareholders, according to a filing Monday.

The ET7 is one of three new Nio models expected in 2022.

The company expects to deliver between 33,500 and 34,000 vehicles in total this quarter, representing growth of more than 150% versus the first quarter of 2021.

U.K. inflation hit 6.2% last month — and prices are expected to rise further still.

A part of the bond market saw its yield curve invert on Monday. An inverted yield curve is a distortion that typically prefaces a recession.

U.S. 5-year and 30-year Treasury yields have inverted for the first time since 2006, raising fears of a possible recession.

China's biggest city of Shanghai began a two-stage lockdown Monday as authorities try to control the country's worst Covid-19 outbreak since the pandemic began.

Parts of the Treasury yield curve briefly inverted on Monday, raising some recession concerns.

The request to Congress features a new "Billionaire's Minimum Tax," a 20% income tax rate for the top 0.01% earners and households worth more than $100 million.

Tesla CEO Elon Musk said he has Covid again, following an earlier bout in November 2020.

The UAE's energy and infrastructure minister said Monday that Russia will always be part of OPEC+ even as governments shun Moscow over the war in Ukraine.

Former President Donald Trump also is seen negatively by a large group of Americans, which might be the one bright spot for President Joe Biden.

There is little to suggest that Russia has actually changed its military strategy.

British Finance Minister Rishi Sunak is expected to announce a new regulatory regime for crypto in the coming weeks, sources tell CNBC.

Two weeks to go to the first round of France's presidential election and the political debate is heavily focused on Russia's invasion of Ukraine.

In 2021, the European Union imported 155 billion cubic meters of natural gas from Russia, according to the International Energy Agency.

Huawei's business has been hurt by U.S. sanctions, which have sought to cut it off from key software and components like semiconductors.

Profits at China's industrial firms rose 5.0% for the January to February period as compared with a year earlier, according to data released Sunday.