Chinese smartphone company Xiaomi priced its luxury YU7 SUV within expectations — but undercut Tesla’s Model Y.

Nike said its fiscal fourth quarter will see the worst of its turnaround efforts, but investors are wondering if sales and profits still have more room to fall.

Chinese Premier Li Qiang called on the Asian Infrastructure Investment Bank to increase its support for Beijing’s Belt and Road Initiative.

ESPN is renewing its media deal with the Premier Lacrosse League and taking an equity stake in the organization.

Chinese Premier Li Qiang was speaking at the opening plenary of the World Economic Forum’s annual conference in China, often dubbed "Summer Davos."

From expanding investment channels to building digital infrastructure, Beijing has been laying the groundwork to promote international use of its currency.

Middle-income households that buy luxury cars would be able to claim the full financial benefit of a $10,000 tax deduction on car loan interest.

The company said it will use the funding to advance adoption of the Canton Network, a blockchain for financial institutions.

"Overall, Chinese merchants are relatively optimistic," says Bear Huo, China general manager at FundPark, a fintech startup.

Insurers such as CVS and UnitedHealthcare will implement the changes across commercial, Medicare and Medicaid plans, benefiting 257 million Americans.

"Overall, Chinese merchants are relatively optimistic," says Bear Huo, China general manager at FundPark, a fintech startup.

Electricity prices are outstripping the pace of inflation by a wide margin — a trend likely to continue in coming years, experts said.

Digital versions of human beings are now able to sell more than real people can, thanks to artificial intelligence, a recent business collaboration showed.

Pop Mart, the Chinese toy company behind the recent Labubu craze, saw its shares fall this week after Morgan Stanley removed the stock from a focus list.

Digital versions of human beings are now able to sell more than real people can, thanks to artificial intelligence, a recent business collaboration showed.

The warranty covers the engine, transmission, transfer case, driveshafts, differentials, and axles for 10 years or 100,000 miles, whichever comes first.

The developer of traditional Chinese herbal treatments for childhood ADHD and autism is up roughly 59,000% year to date.

Growth in industrial output slowed to 5.8% year on year in May from 6.1% in the prior month.

China’s consumer spending shows little sign of picking up soon, given uncertainty about future wealth, changing preferences and lack of a social safety net.

The trade event is a big draw for the industry every year, as Boeing, Airbus and other aerospace giants host parties, sign deals and show off new aircraft.

Several flights diverted after Israel’s Iran strikes early Friday while Delta and United canceled their service to Tel Aviv.

Chinese companies are so intent on global expansion that even a new IPO on the mainland counts the U.S. as one of its biggest markets, on par with China.

The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London.

Republicans are considering a massive domestic policy bill that would slash funding for Affordable Care Act exchanges. But many GOP voters rely on them.

The European Commission and European Central Bank have signed off on Bulgaria joining the euro zone.

The initiative is designed for financial services firms in the "discovery and experiment phase" with AI, the Financial Conduct Authority said.

A new round of "China shock" appears to be under way as Beijing doubles down on manufacturing and exports to offset the drag in domestic consumption.

A new round of "China shock" appears to be under way as Beijing doubles down on manufacturing and exports to offset the drag in domestic consumption.

A high-stakes U.S.-China call has yet to resolve a metals shortage that businesses say could halt production of cars and other industrial parts this summer.

The two countries have blamed each other for violating a trade agreement reached in Switzerland on May 12.

The U.S. economy is now expected to expand by just 1.6% in 2025, while the global economy is set to grow by 2.9%.

Economists polled by Reuters had been expecting the May reading to come in at 2%, which is the European Central Bank’s target.

Tariffs on automobiles, steel and aluminum would cost households nearly $1,000 this year, on average, even if country-specific duties are blocked in court.

U.S.-China trade talks are "a bit stalled," requiring the two countries’ leaders to speak directly, Treasury Secretary Scott Bessent told Fox News.

China’s electric car market is getting even more competitive, with significant consequences for the domestic economy and even the global auto market.

An annual survey of European companies in China found record lows across several metrics due to slower growth and geopolitical worries.

China is tightening its grip on the global supply of key minerals that are needed in every car, particularly electric vehicle motors.

Xiaomi late on Thursday revealed its YU7 SUV and claimed it would have a driving range of at least 760 kilometers (472 miles) on a single charge.

One Chinese baby products company announced it is officially entering the United States, the world’s largest consumer market — regardless of the trade war.

Target is trying to get back to growth as tariffs, economic uncertainty and company missteps dampen demand.

Toyota Motor will offer the 2026 RAV4 only as a hybrid or plug-in hybrid, eliminating a traditional gas engine in the vehicle.

Home Depot is in its peak spring sales season, but must contend with high interest rates, a sluggish housing market and tariff-related cost pressures.

One Chinese baby products company announced it is officially entering the United States, the world’s largest consumer market — regardless of the trade war.

Industrial output grew 6.1% in April, stronger than analysts’ expectations for a 5.5% rise, indicating the impact from U.S. tariffs was not particularly pronounced.

Jackson said he has no immediate plans to take ownership in other sports teams. Instead, he hopes to bring new opportunities to the young people of Baltimore.

Alibaba, Tencent and JD.com reported earnings that showed better Chinese consumer spending — and the growing benefits of artificial intelligence in advertising.

Investors and economists are trying to gauge the strength of the U.S. consumer and the impact of higher tariffs on the retail industry.

At the Tegernsee summit, business leaders urged Germany’s new government to turn campaign promises into reality.

Fintechs like Revolut and Monzo got a revenue boost from higher interest rates. Now, they face a key test as rates decline.

Nearly a fifth of U.S. retail sales last year came from Christmas shopping, according to CNBC calculations based on data from the National Retail Federation.

The German economy has long been sluggish, and little reprieve is in sight.

"A U.K.-U.S. trade agreement is very welcome... But the U.K. is a very open economy," Andrew Bailey told CNBC.

Disney will report its fiscal second-quarter earnings before the bell on Wednesday.

The FAA said air traffic controllers took time off to recover from the stress of the event.

Prices will need to drop for buyers for them to absorb goods meant for exports, experts warn — risking deeper deflation in China.

United Airlines said FAA staffing and technology problems have contributed to hundreds of flight delays this week.

Economists polled by Reuters had been expecting the reading to come in at 2.1% in April.

As Chinese factories and their U.S. buyers try to navigate tariff uncertainty, there’s a concern about whether products will arrive in time for Christmas.

Shares of McDonald’s have climbed 15% this year, raising its market value to nearly $26 billion.

The figure was ahead of the 0.2% forecast in a Reuters poll of economists, and comes amid severe tariff headwinds.

A Reuters poll had projected 0.2% growth from the previous quarter.

UBS on Wednesday beat bottom line expectations as the lender seeks to rein in steep share declines that have cost it the crown of continental Europe’s largest bank amid sweeping U.S. tariffs.

British bank Barclays on Wednesday reported slight beats on revenue and profit, boosted by stronger investment bank performance.

"The modern financial system is broken, it’s slow, it’s expensive," the executive vice president of the Trump Organization told CNBC.

"I think the U.K. will get it right — but there is a risk if you get it wrong that you drive innovation to other markets," Coinbase’s U.K. head told CNBC.

The measures Tuesday aim to reduce the overall tariff level on vehicle imports that had resulted from separate levies "stacking" on top of one another.

German banks stand to benefit as the country’s political environment settles under the potential stewardship of a centrist coalition.

Wall Street analysts expect adjusted earnings per share of $2.74 and revenue of $43.05 billion.

Following downgrades to its growth outlooks for the U.S., U.K. and many Asian countries, the International Monetary Fund last week cut its euro zone forecast.

Chinese manufacturers are pausing production and turning to new markets as the impact of U.S. tariffs sets in, according to companies and analysts.

China plans to help struggling businesses with targeted measures in the face of "increased external shocks," according to a readout of a high-level meeting.

The statement followed China’s denial of any talks with the U.S. and calls for abolishing ’unilateral’ tariff measures for resolving trade issues.

U.S. President Donald Trump and U.S. Treasury Secretary Scott Bessent this week indicated that there might be an easing in tensions with China.

Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled £1.1 billion ($1.5 billion), up 149% year over year.

The group – representing franchised dealers, suppliers and nearly all major automakers – say the upcoming levies could jeopardize U.S. automotive production.

In a shift toward a harder stance this month, China retaliated against U.S. tariffs with levies of 125% on imports of American goods.

Beijing’s Made in China’ 2025 had ambitious goals. 10 years on, it’s failed to meet several targets

Beijing has wielded a wide range of punitive measures in recent days to strike back at Washington, including steps targeting American services sector.

Webull, which competes with Robinhood, has racked up 23 million users, including some who signed up after receiving stimulus checks.

Goldman Sachs may prove to be a beneficiary of the recent market environment.

Goldman Sachs may prove to be a beneficiary of the recent market environment.

U.K. GDP rose by 0.5% on a monthly basis, far more than the 0.1% forecast by analysts.

For China’s exporters, trying to mitigate new U.S. tariffs means raising prices for Americans while diversifying where possible, at home and abroad.

JPMorgan Chase will be the first major U.S. bank to report earnings for the most recent quarter in a time of rising economic uncertainty.

JPMorgan Chase will be the first major U.S. bank to report earnings for the most recent quarter in a time of rising economic uncertainty.

Saudi Arabia needs oil at more than $90 a barrel to balance its budget. Goldman Sachs this week lowered its Brent crude price forecast for 2025 to $62 a barrel.

China’s foreign ministry reiterated Wednesday that it will take "resolute and forceful" measures to protect its own interests.

The countries of the GCC — Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar — hold approximately 32.6% of the world’s proven crude oil reserves.

Citi on Tuesday became one of the first investment firms to lower its China growth forecast on escalating trade tensions with the U.S.

Walmart said its Walmart+ members account for about half its e-commerce sales, a key source of revenue as tariffs raise worries about the economy.

Monte dei Paschi di Siena downplayed the potential impact of ongoing market turbulence on its 13-billion-euro offer for Mediobanca, telling CNBC it expects to complete the deal this summer.

Last week, bitcoin bucked the broader market meltdown, holding above $80,000 and rising to end the week.

In a shift in tone, China dropped its call for negotiations on trade in a weekend statement that condemned U.S. tariffs.

Accounting software startup Pennylane has raised 75 million euros ($83 million) in a new funding round led by Sequoia Capital.

Bill Ackman said that America is heading towards a self-inflicted "economic nuclear winter" as a result of President Donald Trump’s tariff policy rollout.

"If the U.S. slows down, the rest of the world will slow down more," the veteran economist warned.

Flying taxis will become a viable transportation method in China, according to a senior executive at Ehang, in another show of Chinese tech innovation.

China’s reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, analysts said.

The EC president said that Trump’s move was a "major blow" to the world economy.

U.S. President Donald Trump could change his trade policies if he comes under pressure from trading partners, German economy minister Robert Habeck suggested.