CNBC World News

LVMH shares jumped more than 12% on Friday morning after the world's largest luxury group posted higher-than-expected sales for 2023 and raised its annual dividend.

The core personal consumption expenditures price index was expected to increase 0.2% monthly in December and 3% from a year ago.

Jürgen Klopp will step down as Liverpool manager at the end of this season, the club announced Friday.

Britain's competition watchdog said it is opening a probe into the proposed merger between Vodafone and the Three UK mobile network owned by CK Hutchison.

Shein is not positioning itself as an Amazon "clone" ahead of its hotly anticipated U.S. public listing later this year, the company's head of strategic communications told CNBC.

There needs to be a regulatory framework in place that helps companies make “bolder” moves, said one CEO.

India's tourism sector is set for a boom powered by religious trips — Indian carriers have placed orders for more than 1,100 planes over the past eight months.

Beijing announced measures to ease the cash crunch in the crucial real estate sector that's been hard hit by a crackdown on debt levels.

Global commodity markets are in a "super squeeze" amid supply disruptions and lack of investment — and it's only going to get worse, said HSBC's Paul Bloxham.

While Ko Wen-je lost the presidential election, his Taiwan People's Party won 8 seats in the new legislature where the major parties have no clear majority.

The U.S. economy grew at an accelerated pace in the final three months of 2023, capping the year on a solid note. 

Industry experts said that more layoffs could come in 2024 as tech firms shift investments to focus on AI.

The report addresses controversy that has swirled around Cruise since an Oct. 2 accident in which a pedestrian was dragged 20 feet by a Cruise robotaxi.

FTC Chair Lina Khan said on Thursday that her agency is looking into AI deals among the biggest players developing and using the technology.

Tesla said vehicle volume growth in 2024 "may be notably lower" than last year's growth rate.

The Microsoft layoffs come a little more than three months after the company closed on its acquisition of video game maker Activison Blizzard.

American beat Wall Street estimates on the top and bottom lines.

The FAA grounded the 737 Max 9 planes after a fuselage panel blew out as Flight 1282 climbed out of Portland, Oregon, on Jan. 5.

Paramount Global announced layoffs, as the company tries to cut costs while it faces acquisition interest.

Companies including BYD, Nio and Xpeng have expanded sales outside of China in the last two years, looking to take on established automakers, including Tesla.