Finance

The International Monetary Fund (IMF) on Tuesday predicted that Germany and Italy would both tip into recession next year, as it also lowered its global growth forecast. Germany — Europe's largest economy — is heavily dependent on Russian gas, which Mosco...

A Chinese LVMH wannabe spent billions buying up global luxury fashion brands, but its deal spree is now unraveling.

he Bank of England has launched a temporary bond-buying programme as it takes emergency action to prevent "material risk" to UK financial stability. It will buy as many long-dated government bonds as needed between now and October 14th in the wake of the...

Watch live coverage of a news conference with Federal Reserve Chairman Jerome Powell.

Elon Musk Gets SUED By Twitter Investors... But He Strikes Back! | Elon Musk says his high-profile deal to buy Twitter for $44 billion is dead, but the socia...

Alibaba Group is cutting over a third of staff in its in-house deals team, four people with knowledge of the matter said, after Beijing's sweeping regulatory crackdown sharply slowed the Chinese e-commerce behemoth's dealmaking pace.

Elon Musk mocked Twitter's efforts to force him to purchase the company -- in a tweet, of course.

Repeated assurances by the backers of Tether, the biggest stablecoin, that the token is backed by ample reserves and working smoothly haven’t been enough to reassure markets.

According to an analysis from SecretChina, several cities in mainland China are showing varying signs of restrictions on cash withdrawals. Some banks limit the withdrawal amount to no more than 150 dollars, and others limit the number of withdrawals. Mean...

China’s Industrial and Commercial Bank of China (ICBC) and China Merchants Bank have announced that some of their Robo-advisors would be suspended, explaining that it was to comply with regulatory requirements.

Sanctions against Russia are already having an effect. Prices are already rising, companies are closing and unemployment is rising. Especially in Russian aviation. What is the impact Russia's war against Ukraine is having on the country's industry?

Tesla CEO Elon Musk is threatening to walk away from his deal to buy Twitter, claiming that the social media company is withholding information about bot accounts. CNBC's Dominic Chu reports on why this could kill the $44 billion deal.

The Annual Meeting 2022 will embody the World Economic Forum’s philosophy of collaborative, multistakeholder impact, providing a unique collaborative environment in which to reconnect, share insights, gain fresh perspectives, and build problem-solving com...