World

President Donald Trumphas found support from an unlikely source in Europe — Dutch Prime Minister Mark Rutte — who told CNBC that the president could be a catalyst for much-needed reforms. "The U.S. has voted and Trump is the president and…

The secretary general of NATO warned that a new missile from Russia not only breaks a treaty with the U.S. but also lowers the bar for the use of nuclear weapons. In October, President Donald Trump announced the U.S. will end its 1987…

The man in charge of attracting foreign investment into Bahrain is not worried about one of the key issues associated with economic stability in the Middle East: political risk. This is something the region has dealt with for a long time,…

Top finance professionals urged governments to complete reforms while the global economy is still showing solid growth, insisting that central banks should not be relied upon in the event of a new crisis. "It would be very nice if the…

Venezuela is on the brink of a lasting change, according to Latin American leaders gathered at the World Economic Forum (WEF) in Davos. The South American country is embroiled in fast-moving political crisis, after an opposition leader…

The European Central Bank(ECB) took no action on Thursday, leaving its benchmark interest rates unchanged. The bank further added that expects the key interest rates to remain at their present levels through the summer of 2019 and…

The European Central Bank(ECB) took no action on Thursday, leaving its benchmark interest rates unchanged. However, President Mario Draghi downgraded the bank's growth risk assessment due to multiple headwinds globally. Speaking after the…

French carmaker Renaulton Thursday confirmed the appointment of Michelin’s Jean-Dominique Senard as its new chairman and Thierry Bollore as new chief executive. “In addition, Renault’s Board of Directors wishes to…

Renault appointed Michelin boss Jean-Dominique Senard as its new chairman on Thursday, after Carlos Ghosn was forced to resign in the wake of a financial scandal that has rocked the French carmaker and its alliance with Japan's Nissan.…

J.P. Morgan Asset Management Chief Executive Mary Callahan Erdoes warned that U.S. CEO confidence will soon start to dip if the warring factions in Washington cannot resolve the latest government shutdown. President Donald Trumpand…

There may still be little clarity on how the U.K. with leave the EU this year, but Bank of England (BOE) Governor Mark Carney has told CNBC that his institution has been preparing for a so-called "hard Brexit" since the referendum back in…

Palestinian Prime Minister Rami Hamdallah called out the international community and President Donald Trump for its weakened engagement with Palestine while at the World Economic Forum in Davos on Wednesday. Speaking to CNBC's Hadley…

The chief executive of Lloyds Banking Group told CNBC Thursday that he cannot rule out job losses as the bank updates its tech platforms and reviews how it communicates with customers. In recent years the retail and commercial bank has shed…

The International Monetary Fund's Managing Director, Christine Lagarde, told a panel in Davos that the current slowdown in China's economy is both fine and legitimate. Speaking at the World Economic Forum (WEF), Lagarde said while China's…

Almost three quarters (72.6 percent) of internet users will access the web solely via their smartphones by 2025, equivalent to nearly 3.7 billion people. Just over 1.3 billion are forecast to access the internet via smartphone and PC by…

Germany's Economy Minister Peter Altmaier underlined the risks to his country's own economy if a trade conflict between the U.S. and China is left unresolved. Speaking at the World Economic Forum in Davos, Altmaier noted a recent slip in…

China's economy may be slowing at the moment, but investors shouldn't count the Asian giant out in the long run, the chairman of a multibillion-dollar Chinese conglomerate said Wednesday. Fosun International'sGuo Guangchang is sometimes…

Airbuswarned on Thursday it could shift future wing-building out of Britain in the absence of a smooth exit from the European Union, predicting “potentially very harmful decisions” for its British operations in the event of a…

Global oil markets are facing an uncertain year with slowing global growth driving less global demand for oil while the supply picture looks unclear with production cuts by OPEC and Russia potentially counteracted by the growth in U.S.…

Global oil markets are facing an uncertain year with slowing global growth driving less global demand for oil while the supply picture looks unclear with production cuts by OPEC and Russia potentially counteracted by the growth in U.S.…

With British lawmakers still not agreeing on how the U.K. will leave the European Union, the chief executive of Barclayspredicted there will not be much clarity on the outcome until right before the March deadline for leaving the EU.…

Your first job may not always feel like the most inspiring. But according to billionaire businessman Jack Ma, it will be your most important. If he could share one piece of advice with young people, that would be it, the Alibabafounder…

Trade talks between the United States and Chinaare not simply about trade but a “new world order,” the chief executive of a major asset management firm told CNBC. “The big uncertainty is the U.S.-China trade…

Indonesia’s Go-Jek is in talks with Philippineauthorities to get its ride-hailing service application reconsidered, after it was rejected this month by regulators, and hopes to be in the market soon, co-founder Kevin Aluwi said on…

Chinais expected to surpass the U.S. as the world’s top retail market in 2019, according to a report out this week from market research firm eMarketer. The world’s most populous country is expected to see its total retail…

Carlos Ghosn has resigned from French carmaker Renault, French finance minister Bruno Le Maire told Bloomberg Television in an interview at the World Economic Forum in Davos. "Carlos Ghosn just resigned last night," said Le Maire. Renault's…

Carlos Ghosn has resigned from French carmaker Renault, French finance minister Bruno Le Maire told Bloomberg Television in an interview at the World Economic Forum in Davos. “Carlos Ghosn just resigned last night,” said Le…

Recession or no recession? Davos is divided. The world’s business elite agree that economic growth is slowing. But when it comes to a possible recession, the consensus ends. The World Economic Forum (WEF) comes at a time when…

Amid an ongoing trade war between the world’s two largest economies, reports emerged that China has offered to buy more U.S. products in the coming years to reduce the two countries’ bilateral goods trade imbalance. Such a…

South Korea'scentral bank left benchmark interest rates steady on Thursday, reinforcing market bets that rates will remain at the current level for some time amid worsening trade conditions. In a widely expected move, the Bank of Korea…