CNBC World News

Indebted Chinese developer Evergrande is set to sell off a 9.99 billion yuan ($1.5 billion) stake it owns in a Chinese bank to a Chinese state-owned asset management firm.

ASML has raised its long-term outlook following a surge in demand for the semiconductors that its machines help to make.

Chamath Palihapitiya revealed that he has sold his Tesla position for capital to invest in other investment ideas.

Fed Chairman Jerome Powell still expects inflation to ease eventually, but said he sees the current pressures running into 2022.

The Tesla and SpaceX CEO was in typically irreverent form at the Code conference on Tuesday in Beverly Hills, California.

CNBC obtained notes that Elizabeth Holmes wrote to herself in 2015 as The Wall Street Journal was investigating Theranos.

In the last several days, many local Chinese governments have restricted power usage, limiting or even halting factory production.

Increased interest in the mRNA technology used to make Covid vaccines has driven a lot of capital into biotech stocks, fueling record financings and IPOs.

The House passed a debt ceiling suspension, but Senate Republicans will reject it as the default deadline approaches.

James Spears has been suspended as pop star Britney Spears' conservator, a judge ruled Wednesday.

The FAA cleared Virgin Galactic to return to flight on Wednesday after completing a mishap investigation into the spaceflight that carried Sir Richard Branson.

For example, users can take a photo of a page in a book and then grab that text and put it into a document or a note.

U.S. stocks rose slightly on Wednesday as investors monitored the bond market and budget negotiations in Washington.

Elon Musk on Tuesday repeated prior criticisms of fellow space mogul Jeff Bezos, as their companies continue to battle in federal court and before regulators.

Low wind speeds and dry conditions are impacting renewable energy generation in Europe.

Natural gas futures dipped as much as 8%, pulling back from a more than seven-year high above $6 per million British thermal units hit during the prior session.

Virgin Voyages, set for its first U.S. sailing Oct. 6, is attempting to build a narrative that its ships will be cooler and edgier.

Buyers encountered higher inventory and slightly more favorable prices as pending sales rose better than expected.

German Chancellor Angela Merkel has congratulated Olaf Scholz, the leader of the Social Democratic Party, on his party's election success.

OPEC issued its oil outlook report, packed with predictions for oil demand, the future of cars and renewables. CNBC’s Brian Sullivan details 5 key takeaways.