World

The German multinational Siemens is remaining hopeful the EU will approve its merger with France's Alstom, despite competition concerns from Brussels. Media reports suggest the European Commission will block the rail deal between the…

Before China began courting Southeast Asia with infrastructure investments through its Belt and Road Initiative, Japan was the region’s top development financier. As the two powerhouses now compete for economic and commercial…

New Zealand'sPrime Minister Jacinda Ardern has a piece of advice for her fellow leaders: Don't be on the wrong side of history. Ardern said Tuesday that climate change is the greatest threat facing the world. She urged her global…

Saudi Arabia'slong-awaited inclusion in major global benchmarks could have an immediate and dramatic impact on financial markets, according to the chairman of the kingdom's Capital Markets Authority (CMA). The taps of foreign capital are…

A senior executive at Chinese state-owned company CRRC Group said he was optimistic about Beijing and Washingtonfinding a way to permanently resolve their ongoing trade dispute. For its part, the U.S. has already put tariffs on $250…

The ongoing trade war between the U.S. and China has opened up new opportunities for Indonesia, the Southeast Asian nation’s minister of industry said Tuesday. Indonesia is the largest economy in Southeast Asia, the region tipped…

The White House rejected a trade planning meeting with Chinese counterparts this week due to outstanding disagreements between the two sides over the enforcement of intellectual property rules. Officials from the U.S. trade…

A Cuban government minister warned the U.S. State Department that plans to allow legal action over property in the country would create a big mess for both Cuba and the United States. The White House has moved toward allowing thousands of…

The trade war between the U.S. and China is the biggest concern for one of Italy's top banks — not the current environment of low interest rates in the euro zone. When asked about the low rate environment in the region, Intesa Sanpaolo CEO…

Saudi Arabiais prepared to do all it can to prop up Lebanon’s ailing economy, the country’s finance minister told CNBC, but stopped short of providing any specific details. His comments come less than 24 hours after Qatar…

A French businessman told CNBC Tuesday that while President Emmanuel Macron’s reforms are courageous, the pace of these reforms may need to slow down to transform the country. Speaking to CNBC at the World Economic Forum(WEF) in…

Juventus and Portugal soccer star Cristiano Ronaldo was fined almost 19 million euros ($21.6 million) for tax fraud Tuesday, but has avoided a 23-month prison sentence after agreeing a deal. Ronaldo was denied a request to appear at the…

John Kerry had a one-word answer when asked his message for President Donald Trump: "Resign." The former secretary of State and Democratic U.S. senator from Massachusetts made the declaration while speaking on a CNBC panel at the World…

In such a competitive world, it can be difficult to break the mold and stand out — especially when faced with obstacles and rejection. For two creative leaders however, Marin Alsop and Haifaa al-Mansour, they broke the glass ceilings in…

DAVOS, Switzerland – The elite financiers attending the World Economic Forum are worried about the 70 percent tax rate on earnings above $10 million proposed by freshman Rep. Alexandria Ocasio-Cortez, D-N.Y. "It's scary," Scott Minerd,…

Technology firms entering the financial services space shouldn't be afraid of partnering with the biggest players in the industry, according to two executives. Executives from PayPal and MasterCardsaid Tuesday that they see partnerships…

Former Secretary of State John Kerrylaunched a stunning rebuke of President Donald Trump's policies on Tuesday, saying his decision to withdraw from the Paris climate agreement will "cost lives." "People will die because of the…

The risk of a global nuclear arms race has risen to a level not seen since the aftermath of the Cuban Missile Crisis of 1962, according to a former U.S. ambassador to Russia. In October, President Donald Trump announced the U.S. will end…

Brazil'snewly-elected populist President Jair Bolsonaro addressed the world's business elite in Davos on Tuesday, vowing to transform Latin America's largest economy into a more investment-friendly country. On his first international trip…

Russia's territorial conflict with Ukraine has grabbed much more media attention in recent years but the country's presence in, and support of, breakaway regions of Abkhazia and South Ossetia in Georgia continues to plague the nation, the…

Some European countries are choosing a "Russian-type of democracy" and this is the biggest challenge to the European Union, a top official at EU's Commission told CNBC Tuesday. According to Jyrki Katainen, vice president for jobs, growth,…

Facebookis the most vulnerable large technology company when it comes to facing disruption, a prominent venture capitalist told CNBC on Tuesday, amid ongoing concerns around privacy. The social media giant had a rough 2018. It kicked…

Shale oil's impact will have "huge implications" for global energy markets for many years, Fatih Birol, executive director at the International Energy Agency, told CNBC on Tuesday. Oil prices have been trading sharply lower amid growing…

DAVOS, Switzerland – Carlyle Groupfounder David Rubenstein said Tuesday that U.S.-China trade negotiationsare likely to end in months and the U.S. government shutdown will probably conclude in the next few days. "My view on the China…

A senior European defense and space executive told CNBC Tuesday that the U.S. and China are leading the way in space technology — with Europe needing to "get its act together" to keep up. China recently impressed with its mission to the…

President Donald Trumpis likely to strike a trade agreement with China this year given that he’ll be looking for re-election in 2020, the chief executive officer of Dutch bank ABN Amro told CNBC Tuesday. Trump has been at odds…

NEW YORK, NY - Investment strategies involving China are coming under scrutiny amid political and security-related conflicts between Beijing and major Western economies, as well as a predicted growth slowdownfor the world's…

NEW YORK, NY -The U.K.'s withdrawal from the EU should be put to a second public vote to overcome the current impasse, the former prime minister of Finland told CNBC Monday. div > div.group > p:first-child"> The Brexit…

NEW YORK, NY – France’s data privacy watchdog has fined Google 50 million euros ($57 million), the first penalty for a U.S. tech giant under new European data privacy rules that took effect last year. The National Data…

NEW YORK, NY - British Prime Minister Theresa May announced tweaks to her much-maligned Brexit deal on Monday, in the hope of winning over lawmakers who overwhelmingly rejected her proposals last week. div > div.group >…