CNBC World News

The company will cut 250 jobs this year, impacting around 3% of its 7,425 employees.

Eurostat released flash euro zone inflation figures for January.

Music by artists including Taylor Swift and Drake is no longer available on TikTok after the social video app and Universal Music Group failed to reach a deal.

BOE Governor Andrew Bailey signaled markets' expectations on the future path of rate cuts may be correct, even as he refused to commit to a specific timeline.

Volvo Cars shares surged more than 26% on Thursday after the Swedish automaker announced that it will stop funding subsidiary Polestar Automotive.

The Bank of England held interest rates steady at 5.25% on Thursday.

The Tesla Model Y in China will come with Hardware 4.0 (HW 4.0) — a set of cameras, sensors and computer — free of charge when a customer purchases the car.

The Japanese lender said it now expects a net loss of 28 billion yen for the fiscal year ending March 31, after previously forecasting a net profit of 24 billion yen.

Shell reported adjusted earnings of $28.25 billion for the full-year 2023, a 29% drop compared to its highest-ever annual profit the year prior.

India's finance ministry presented the country's interim budget for 2024, ahead of the highly anticipated general elections.

Deutsche Bank smashed fourth-quarter earnings expectations, reporting a net profit of 1.3 billion euros ($1.4 billion).

Well, at least the Fed made one thing abundantly clear today. That rate cuts aren't coming that soon.

South Korea's S&P manufacturing purchasing managers' index recorded a first expansionary reading since June 2022 at 51.2 in January.

Employment in China's manufacturing sector trended down in the official survey released Wednesday as in the Caixin survey.

The city state recorded 13.6 million international visitor arrivals in 2023, while tourism receipts are expected to soar to SG$24.5-26 billion

More U.S. companies are finding it harder to make a profit in China than before the pandemic, according to surveys by the American Chamber of Commerce in China.

Many of the world's major fashion brands are failing to combat forced labor in their supply chains, according to a new report.

The China-Russia rail route to Europe is in high demand. Some shippers have ethical concerns, according to freight forwarders.

Payments giant Mastercard has built its own proprietary generative AI model to help its bank network detect and root out fraudulent transactions.

More than 70% of China's car exports in 2023 were of gasoline-powered vehicles, according to the country's Ministry of Commerce.