business news

Stocks making the biggest moves premarket: 3M, CrowdStrike, Xpeng and more

Check out the companies making headlines before the bell. Xpeng — U.S.-traded shares of the Chinese electric vehicle company jumped…

Russian investigators say genetic test proves Prigozhin death; Billionaire Yandex co-founder pleads for sanctions relief

This is CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates.  Two people…

European stocks close higher as investors look ahead to fresh economic data

European shares traded higher on the final trading week of August, as traders weighed the prospect of higher interest rates…

U.S.-India relationship has reached new heights as the two align across policy areas, USTR says

U.S. Trade Representative Katherine Tai said the U.S.-India relationship is reaching new heights as the two align “across all the…

Raimondo meets Chinese officials in ‘tricky’ visit as countries seek a more stable relationship

U.S. Secretary of Commerce Gina Raimondo is set to meet with senior Chinese officials and U.S. business leaders in Beijing…

Singapore’s OCBC bank suffers brief outage, shares gain 1%

SINGAPORE — Southeast Asia’s fourth largest bank OCBC suffered a short outage on Monday that affected its digital and card…

Chinese EV startup Xpeng shares soar 13% after announcing $744 million deal with Didi

BEIJING — Chinese electric car company Xpeng said Monday it is buying Didi’s smart electric car development business in an…

Trump campaign reports raising more than $7 million after Georgia booking

For former President Donald Trump, a picture is worth… more than $7 million. Trump’s campaign says he has raised $7.1 million…

China’s rare earths dominance makes U.S. supply chains vulnerable, trade representative says

China’s dominance in rare earths makes U.S. supply chains vulnerable, U.S. Trade Representative Katherine Tai said in an exclusive interview…