CNBC World News

The recent earnings calls of the world's two largest memory chipmakers signaled that a persisting weak demand may have bottomed out.

Most consumers in China are planning to keep a lid on spending during this year's Singles Day shopping festival, according to a survey from Bain and Company.

Cruise recently took the drastic move of grounding all of its driverless operations following a collision that injured a pedestrian in San Francisco.

Markets started the week on a high note as major averages closed out Monday's session with some big winning streaks.

OpenAI announced its new, more powerful GPT-4 Turbo artificial intelligence model during its first in-person event on Monday.

Citigroup CEO Jane Fraser may preside over some of Wall Street's deepest job cuts in years as she faces mounting pressure to fix the third-largest U.S. bank.

Officials urged people to stay indoors and cancel large gatherings over the weekend.

U.S. Treasury Secretary Janet Yellen will discuss economic partnerships with PRC Vice Premier He Lifeng in San Francisco this week.

For five weeks, CNBC reported from inside the courthouse where the Sam Bankman-Fried trial was being held in downtown Manhattan.

Buy now, pay later firm Klarna has begun a legal entity restructuring to set up a new holding company in the U.K., as a precursor to an eventual IPO.

LVMH is buying Barton Perreira as it expands its portfolio in the growing luxury eyewear space and tries to rebound from a recent downturn.

Aleph Alpha, which has built its own large language models, raised $500 million in a series B round backed by Bosch, SAP and Hewlett Packard Enterprise.

Norland nannies — known for looking after royal children, including Prince George, Duke of Cambridge — are highly sought after and well paid.

Chinese companies have accelerated in global patent holdings amid growing U.S.-China tensions, according to a Nikkei Asia report.

Singapore's largest bank DBS Group reported a 17% jump in third-quarter profit, and declared a dividend.

Rather than retiring, Matt Rogatz bought a hotel in Green Lake, Wisconsin. Then he bought a guest house, spa and former jail in the town too.

India's reliance on coal will likely continue as the country struggles to find other ways to cool homes down and keep the lights on.  

Hong Kong's initial public listing market remains in a slump, even as analysts expect the market to recover in the second half of the year.

October's jobs report showed the labor market tightening, suggesting rate hikes might be over. The stock market cheered and had their best week for the year.

After its beta phase, Grok will be available to premium members on X, formerly Twitter.