Russian billionaire Abramovich denies benefiting from Ukraine war after EU court upholds sanctions
Roman Abramovich denied benefiting from the war in Ukraine after a European Union court on Wednesday upheld sanctions imposed on…
Kremlin calls Ukraine peace plan ‘absurd,’ U.S. says it will tighten Russian oil price cap enforcement
This was CNBC’s live blog tracking developments on the war in Ukraine. Russia launched its fifth air attack on the…
UK inflation slide fuels rate cut bets and jolts markets
LONDON — U.K. inflation fell by more than expected to hit 3.9% in November, in the lowest annual reading since…
Tesla cut EV prices in China more than BYD did for its flagship Han sedan this year, study finds
BEIJING — Tesla cut prices for its electric cars in China by more than BYD did for its flagship Han…
Alibaba CEO Eddie Wu to lead Taobao and Tmall e-commerce business in latest reshuffle
BEIJING — Alibaba Group CEO Eddie Wu is taking over the top role at the company’s Taobao and Tmall e-commerce…
Colorado Supreme Court disqualifies Trump from 2024 ballot, pauses ruling to allow appeal
The Colorado Supreme Court on Tuesday barred former President Donald Trump from appearing on the state’s ballots for next year’s…
Is Biden due for a boost in polls as the economy improves? Pollsters say inflation still looms large
New Jersey Gov. Phil Murphy on Tuesday predicted that President Joe Biden will get a much-needed boost in the polls…
U.S. Bank fined $36 million for freezing unemployment debit cards during Covid-19 pandemic
WASHINGTON — The Consumer Financial Protection Bureau on Tuesday announced it has fined U.S. Bank nearly $21 million for cutting…
