business news

Klarna, Europe’s $6.7 billion buy now, pay later firm, sets wheels in motion for eventual IPO

Buy now, pay later firm Klarna has established a holding company in the U.K. that will sit at the top…

Citigroup considers deep job cuts for CEO Jane Fraser’s overhaul, called ‘Project Bora Bora’

When Citigroup CEO Jane Fraser announced in September that her sweeping corporate overhaul would result in an undisclosed number of…

Trump rails against judge, AG’s office during testimony in $250 million fraud trial

Former President Donald Trump on Monday sounded off from the witness stand against the judge presiding over the $250 million…

‘Wet from head to toe’: Russian morale dips as winter nears; Putin reportedly set to run in 2024 election

This was CNBC’s live blog tracking developments on the war in Ukraine for November 6, 2023. Russian President Vladimir Putin…

Over 10,000 Palestinians killed in Gaza, Hamas-run health ministry says; UN calls Gaza a children’s graveyard

This was CNBC’s live blog tracking developments on the Israel-Hamas war. Click here for the latest updates. U.S. Secretary of…

Singapore’s largest bank DBS beats forecast, quarterly profit jumps 17%

Southeast Asia’s largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting from a high-interest rate…

Telecom and internet services are down in Gaza again; Netanyahu says no cease-fire until hostages released

This was CNBC’s live blog tracking developments on the Israel-Hamas war. Click here for the latest updates. The Israel Defense…

Berkshire Hathaway posts a 40% jump in operating earnings, cash pile swells to a record $157 billion

Berkshire Hathaway on Saturday reported a big jump in third-quarter operating earnings, while sitting on a record amount of cash…

Israeli protesters call on Netanyahu to resign; 51 reportedly killed in attack on Gaza refugee camp

This is CNBC’s live blog tracking developments on the Israel-Hamas war. See below for the latest updates. U.S. Secretary of…