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US and EU need to overcome tensions

As the U.S. election looms, it is time for both sides of the Atlantic to repair outstanding divisions, the former EU trade chief told CNBC Thursday. The White House and the European Union, which encompasses...

Amazon to create 10,000 new permanent jobs in U.K. this year

An employee looks for items in one of the corridors at an Amazon warehouse.Carlos Jasso | ReutersAmazon has announced that it expects to create 10,000 new permanent jobs in the U.K. this year, bringing...

Pompeo announces fresh restrictions on Chinese diplomats in U.S.

U.S. Secretary of State Mike Pompeo speaks during a joint press conference as part of a meeting with the Prime Minister of Czech Republic Andrej Babis in Prague, Czech Republic, on August 12, 2020.Petr...

France unleashes 100 billion euro stimulus to revive economy

Jean Castex has been nominated as the new prime minister of France.GONZALO FUENTESThe French government detailed on Thursday its 100 billion euro ($118.3 billion) stimulus plan to erase the economic impact of the coronavirus...

TikTok adds to Ireland’s data storage boom amid energy concerns

An illuminated raised walkway connects buildings of the Google Inc. European headquarters in Dublin, Ireland, on Thursday, Nov. 24, 2016.Chris Ratcliffe | Bloomberg via Getty With another tech giant planning to bring a...

BlackRock is ‘underweight’ emerging market stocks due to coronavirus

Pedestrians walk with umbrellas in front of BlackRock Inc offices in New York, U.S.Scott Eells | Bloomberg | Getty ImagesBlackRock Investment Institute has an "underweight" stance on stocks in emerging markets as many of...

Walmart gets creative, goes virtual as it plans for holiday toy shopping

Toys on sale at a Wal-Mart location in Burbank, Calif.Patrick T. Fallon | Bloomberg | Getty ImagesBefore each holiday season, Walmart gathers hundreds of kids at a convention center near its Arkansas headquarters. The...

The weak dollar is the ‘only support’ for oil prices, analyst says

Oil prices are likely to continue creeping up simply due to a weak dollar, an analyst said on Thursday."As far as fundamentals are concerned, there is really not much to move oil around either...

India bans 118 Chinese apps after Ladakh border tension flares up

Photo Illustration of PUBG app with Banned text on an iPad device in Guwahati, India, on Sept. 2, 2020. India has banned more than 100 additional apps with linkage to China, including popular mobile...

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Renault will develop and build the next-generation Nissan Micra

PARIS — French carmaker Renault will develop and assemble the next generation of partner Nissan’s Micra models, a senior executive at the Japanese...

Fire broke out at Tesla factory in Fremont, California

Vehicles pass the Tesla Inc. assembly plant in Fremont, California, U.S., on Monday, May 11, 2020.David Paul Morris | Bloomberg | Getty ImagesFirefighters...

OPEC chief pledges to deepen ties with Biden administration

An off-shore oil platform off the coast in Huntington Beach, California on April 5, 2020.Leonard Ortiz | MediaNews Group | Orange County Register...

rising bond yields are healthy signs, may boost Asia markets

SINGAPORE — A recent spike in bond yields spooked global markets, but JPMorgan Private Bank says it may be a reflection of "growth...

Google, Facebook agreed to team up against potential antitrust action

Facebook Chief Operating Officer Sheryl Sandberg speaks on stage during Facebook session at the Cannes Lions 2019 : Day Three on June 19,...