CNBC World News

Bristol Myers Squibb said it agreed to buy biopharmaceutical company Karuna Therapeutics for $14 billion in cash.

Netease and Bilibili shares also plunge in Hong Kong after Beijing released draft guidelines aimed at curbing excessive gaming and spending.

The market should not think "OPEC cohesion is falling apart, and there's going to be some kind of domino effect," one analyst said.

American CEOs are leaving their posts in record numbers in 2023.

Taking these steps can help ensure you don't become a fraud victim as you check off those last-minute holiday gifts on your list.

A motorway cut through the Dunning family's remote farm in the U.K., so they opened a rest area on its route. Their company now makes $160 million a year.

The core personal consumption expenditures price index was expected to increase 0.1% in November and 3.3% from a year ago.

Nike lowered its revenue outlook for the fiscal year and unveiled a plan to cut $2 billion in costs.

Nike said the plan will cost between $400 million and $450 million in pretax restructuring charges that will largely come to fruition in the current quarter.

The U.K. is edging closer to technical recession after revised figures showed the economy shrank in the previous quarter.

Wholesale gas markets continue are pricing in geopolitical risk, and concerns persist about future storage despite current healthy levels.

Over 4,000 Ukrainians are still being held as prisoners of war in Russia and many families have not heard from their loved ones in one and a half years.

This conversation occurred just weeks after President Joe Biden and President Xi Jinping agreed to resume high-level military communication.

China's vocational school push is producing workers the country's electric car and semiconductor industries want to hire.

With 158 vessels carrying $105 billion in ocean cargo avoiding the Red Sea amid Houthis' attacks, freight prices are soaring.

RatePunk's data showed that Agoda had the lowest hotel rates in Asia and Middle East, while Booking.com had the best rates in Europe, and Priceline in the U.S.

In a sign of strength, major indexes rebounded off their worst day in months on Wednesday to rise again yesterday.

As 2023 comes to a close, we take a look at the year that was in Asia and the Pacific region.  

Yemen's Houthis have made clear their intention of targeting Israeli ships and any ships headed to or from Israel, in retaliation for the country's war in Gaza.

Boeing hasn't delivered an aircraft from its factories directly to a Chinese airline since 2019.