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Growth in India's household spending per capita is expected to outpace that of other developing Asian economies like Indonesia, the Philippines and Thailand.

U.S. electric carmaker Lucid is exploring China entry; confirms mass market models ahead

September 7, 2023

Lucid is exploring selling its cars in China but has no timeline for when it will enter the world's largest electric car market, a top executive told CNBC.

Morgan Stanley names this stock as its top pick of European banks – giving it a 35% upside

September 7, 2023

Morgan Stanley predicts the European lender's profits will rise in 2024 despite the threat of windfall taxes on the continent.

Asia markets mixed ahead of trade data from China and Australia

September 7, 2023

China's trade is still expected to fall in August compared to the same period last year, but at a slower pace than July

Goldman reveals its ‘most preferred’ sector of China tech and names stocks on its conviction list

September 7, 2023

Goldman named four buy-rated stocks, two of which are on its conviction buy list. It gave one stock as much as 45% potential price target upside.

CNBC Daily Open: Lingering embers of inflation

September 6, 2023

The roaring flames of 9.1% inflation in June last year have been quenched, but the last few glowing embers are proving hard to extinguish completely.

Disney’s wildest ride: Iger, Chapek and the making of an epic succession mess

September 6, 2023

Here's the inside story of the executive chaos at Disney over the past few years — and how it could shape the fate of the iconic entertainment company.

China’s Microsoft Email Cloud Hack Began With a 2021 Computer Crash

September 6, 2023

WSJ.com: WSJD

The cryptographic key that gave hackers access to Microsoft’s cloud was stored by mistake on Microsoft’s corporate network for more than two years.

Nasdaq tumbles for a fourth day as fears of higher interest rates pressure markets: Live updates

September 6, 2023

The S&P 500 and Nasdaq Composite fell Thursday as renewed concern swirled on Wall Street over the course of the Federal Reserve's interest rate policy.

Apple falls on report that China restricted iPhone use for its government officials. Here’s what the pros say

September 6, 2023

Pros on CNBC discussed Apple after The Wall Street Journal reported that China restricted the use of foreign-branded devices for government officials at work.

Invasive species cost the global economy over $423 billion annually, according to a new report from the United Nations

September 6, 2023

The costs of invasive species have quadrupled every decade since 1970, according to the UN.

China Bans iPhone Use for Government Officials at Work

September 6, 2023

WSJ.com: WSJD

The directive is the latest step in Beijing’s campaign to cut reliance on foreign technology and could hurt Apple’s business in the country.

Ukraine drone supplier AeroVironment soars more than 20%, best day in over two years

September 6, 2023

Drone manufacturer AeroVironment's shares rallied 20% on Wednesday on the back of better-than-expected fiscal first-quarter results.

Pace of increase in CO2 concentration has increased three-fold — report

September 6, 2023

The pace at which the concentration of CO2 in the atmosphere is increasing -- due mostly to the burning of fossil fuels -- has jumped three-fold in five decades, an international report said Wednesday.

Apple and Arm sign deal for chip technology that goes beyond 2040

September 6, 2023

Apple has secured access to a core piece of intellectual property, the Arm architecture, used in its iPhone and Mac chips, for the foreseeable future.

‘Barbie’ wins the summer box office, but fall looks gloomy — even with Taylor Swift

September 6, 2023

Hollywood bet big on blockbuster franchise sequels to revive its summer cinema business, but "Barbie" and "Oppenheimer" fueled the industry's $4 billion haul.

Texas paid bitcoin miner Riot $31.7 million to shut down during heat wave in August

September 6, 2023

Bitcoin miner Riot Platforms raked in $31.7 million in energy credits from Texas power grid operator ERCOT in August.

Microsoft: Compromise of engineer’s account led to Chinese hack of US officials

September 6, 2023

The recently disclosed Chinese hack of senior officials at the US State and Commerce departments stemmed from the compromise of a Microsoft engineer's corporate account, Microsoft Corp said in a blog post on Wednesday.

Mexico’s Supreme Court decriminalizes abortion nationwide

September 6, 2023

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Death toll from floods in Brazil’s southernmost state reaches 31

September 6, 2023

The death toll from heavy rains that devastated Brazil's Rio Grande do Sul state rose to 31 on Wednesday, local authorities said, as an extratropical cyclone batters the region, flooding homes and swelling rivers.

Habagat to bring scattered rain over Northern, Central Luzon

September 6, 2023

The southwest monsoon or Habagat will bring cloudy skies and scattered rain over the western sections of Northern and Central Luzon on Thursday, PAGASA reported.

Roku stock jumps after company says it will lay off 10% of workforce

September 6, 2023

Roku said in a regulatory filing Wednesday that it will be laying off 10% of its workforce, or 360 people, as it raised its guidance for the third quarter.

Apple Tests Limits for Most Expensive iPhones

September 6, 2023

WSJ.com: WSJD

The tech company is expected to raise prices by $100 on some premium models next week.

Blinken announces $1 billion Ukraine aid package during surprise visit

September 6, 2023

Blinken's trip comes amid steady gains by Ukrainian forces carrying out a counteroffensive in the south and east of the country.

Mexico City Marathon disqualifies 11,000 runners for cheating

September 6, 2023

GMA News Online / Sports

Approximately 11,000 runners in the Mexico City Marathon were disqualified for cheating, according to a report in Spanish newspaper Marca.

Trump suffers big loss in E. Jean Carroll defamation case, judge says he’s liable

September 6, 2023

Donald Trump is set to stand trial in a defamation case by E. Jean Carroll just as the 2024 Republican presidential nomination primaries are set to start.

This former Harvard lecturer sold his company for nearly $20 million—and burnt out immediately after: Here’s how he recovered

September 6, 2023

Suneel Gupta sold his company for nearly $20 million in 2016, but didn't feel energized or fulfilled after. Here are the practices he used to reverse burnout.

Blinken makes surprise trip to Kyiv as fatal blast hits Donetsk region

September 6, 2023

Ukraine was attacked with a barrage of drones and missiles overnight, officials said, with the capital Kyiv and the southern port of Odesa among the targets.

Buy ‘BAT’ — CLSA gives three stocks to bet on China in the global AI race

September 6, 2023

These three stocks stand to benefit from the future explosion of artificial intelligence in China, CLSA says.

Khosla Ventures backs effort to make orchards of lung-like material to absorb CO2 from air

September 6, 2023

Khosla Ventures backs Spiritus, a carbon removal company coming out of stealth with a material and that passively absorbs carbon dioxide from the air.

Lagman: President”s contingent fund can be source of aid for rice retailers

September 6, 2023

President Ferdinand “Bongbong” Marcos Jr.'s contingent fund worth P13 billion can be a source of aid for rice retailers who are expected to suffer losses due to the mandatory price ceiling Malacañang has imposed on rice, opposition lawmaker Albay Rep. ...

Mukha ng mga artista at influencer, ginagamit ng sindikato sa online love scam

September 6, 2023

Natuklasan ng mga awtoridad na mukha ng mga sikat na artista at influencer ang ginagamit na profile photo ng grupong nagsasagawa ng love scam na mga dayuhan ang binibiktima.

Another road rage incident reported, this time in Valenzuela City

September 6, 2023

After the reported road rage incidents in Quezon City and Makati City, a video recording showed a similar incident that occurred in Valenzuela City last month, according to the report on "State of the Nation" Wednesday.

Driver ng SUV na may hawak na baril, nahuli-cam sa Valenzuela City

September 6, 2023

Inaalam na ng mga awtoridad ng Valenzuela City ang pagkakakilanlan ng driver ng isang SUV na nahuli-cam na bumaba ng kaniyang sasakyan na may hawak na baril na hinihinalang isa ring insidente ng away sa kalye.

Moderna says updated COVID-19 vaccine is effective against newer variant

September 6, 2023

Moderna on Wednesday said clinical trial data showed its updated COVID-19 vaccine will likely be effective against the highly-mutated BA.2.86 subvariant of the coronavirus that has raised fears of a resurgence of infections.

Leaders with Gladwell

September 6, 2023