Inflation in India will likely continue to trend above 6% for the rest of this year despite this week's surprise rate hike, senior economist at Kotak Mahindra Bank, Upasana Bhardwaj, told CNBC on Thu… [+2641 chars]
Profiting from short supply in diesel and other refined products, Shells refining and chemicals units earned $1.2 billion for the quarter, a 50 percent increase from the same period in 2021. Card 1 … [+3500 chars]
By James ClaytonNorth America technology reporter, BBC News Image source, Getty Images Large tech companies such as Google and Facebook will have to abide by new competition rules in the UK or risk… [+4891 chars]
Oil producer group OPEC+ on Thursday agreed to rubber-stamp another small production increase for June, amid persistent concerns over weaker Chinese demand and shortly after the world's largest tradi… [+2589 chars]
Wayfair shares tumbled in premarket trading Thursday after the online furniture retailer reported larger-than-expected losses in the first quarter as shoppers scaled back their spending on the home c… [+2114 chars]
Oil producer group OPEC+ on Thursday is seen as likely to rubber-stamp another small production increase for June, amid persistent concerns over weaker Chinese demand and shortly after the world's la… [+2700 chars]
Ford Motor Company has just 2.5% of the U.S. electric vehicle market. But if a new ad from the carmaker is any indication, Tesla CEO Elon Musk should look out, because Detroit is gunning for him. For… [+2076 chars]
The British pound on Thursday was set for its largest daily drop since the onset of the coronavirus pandemic, after the Bank of England warned of a sharp growth slowdown in the U.K. economy. Sterlin… [+2021 chars]
Auxin Solar Inc., a tiny, struggling maker of solar panels, has thrown the entire American renewable-energy industry into chaos. A petition Auxin filed with the Commerce Department accusing Chinese … [+207 chars]
LONDON European markets retreated on Friday, tracking global caution after Wall Street posted its worst day since 2020. The pan-European Stoxx 600 fell 1% in early trade, with retail stocks shedding… [+3547 chars]
The hype around NFTs looks to have hit a wall, as the excitement that drove the NFT boom has slowed as more level-headed investors and creators come into the market. The headline figure of a 92% drop… [+3014 chars]
Elon Musk is expected to serve as a temporary CEO of Twitter for a few months after he completes his $44 billion takeover of the social media company, sources told CNBC's David Faber. An SEC filing … [+2278 chars]
