World News

Basketball Hall of Fame player Shaquille O’Neal lent his support to Houston Rockets general manager Daryl Morey, who ignited an international clash with China earlier this month when he tweeted support for anti-government protests in Hong Kong.

Secretary of State Mike Pompeo said Monday that it is “completely inappropriate” for China to retaliate against U.S. businesses whose employees have commented on pro-democracy protests in Hong Kong.

The implications of the U.S.-China trade war could wipe out a portion of the global economy the size of Switzerland by next year, International Monetary Fund managing director Kristalina Georgieva warned.

Oil prices rose sharply on Friday morning after Iranian state media said that two rockets had struck an Iranian tanker traveling through the Red Sea.

Uber is buying a majority ownership stake of Cornershop, an online grocery delivery business serving Latin America in the latest step to diversify its revenue stream.

A new report shows the U.S. is less competitive than it was a year ago after Singapore knocks it out of the top spot as the world’s most competitive economy. Is the U.S. losing its competitive edge and should investors be worried? More now to talk about this is Michael Yoshikami, Founder & CEO at Destination Wealth Management.

A top labor leader has cast doubts on the House quickly approving President Donald Trump’s replacement for the North American Free Trade Agreement.

Chinese Ministry of Commerce said Tuesday it “strongly urges” the U.S. to stay clear from the country’s domestic issue, after the White House blacklisted a slew of Chinese companies due to alleged human rights violations against Muslim minorities in China’s far-western region of Xinjiang.

A single tweet has thrown the NBA into a geopolitical crisis with China which is threatening billions of dollars in a critical market. Eric Chemi has more for us.

House Speaker Nancy Pelosi, D-Calif., said Wednesday that Democrats are “making progress” on the trilateral trade deal with Mexico and Canada, known as USMCA, but need more assurances before they can approve the agreement.

Geoff Cutmore reports from Switzerland on the latest development of the Credit Suisse spy scandal.

Ford Motor has agreed to sell 51% of its business in India to Mahindra & Mahindra, one of the largest auto manufacturers in the country.

Seema Mody reports from New York where major CEOs met with India’s Prime Minister for potential trade opportunity in India.

Prime Minister Narendra Modi will meet with dozens of top U.S. executives in New York on Wednesday, according to a memo obtained by CNBC.

Negotiators from more than a hundred countries are working behind the scenes in Geneva, Switzerland, to keep a governing body over global mail intact.