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China is 'knocking' on our door: Uganda president

Chinese private investment in Uganda is growing while Westerners are losing appetite to put money to work in the country, President Yoweri Museveni told Reuters, pledging to step up efforts to tackle corruption which has made slow progress.

Chinese private investment in Uganda is growing while Westerners are losing appetite to put money to work in the country, President Yoweri Museveni told Reuters, pledging to step up efforts to tackle corruption which has made slow progress.

Goldman cuts U.S. GDP outlook over Omicron fears

Goldman Sachs on Saturday cut its outlook for U.S. economic growth next year, citing the emergence of the Omicron variant of the coronavirus one day after the IMF said it’s likely to lower its global growth estimate.

Goldman Sachs on Saturday cut its outlook for U.S. economic growth next year, citing the emergence of the Omicron variant of the coronavirus one day after the IMF said it’s likely to lower its global growth estimate.

I save money spending $2,633/month living in South Africa

Tanisha Colon-Bibb is a successful PR business owner from New York City who relocated to Johannesburg South Africa in 2020. Here's how she spends here money there.

Tanisha Colon-Bibb is a successful PR business owner from New York City who relocated to Johannesburg South Africa in 2020. Here's how she spends here money there.

Bitcoin plunges by a fifth

Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies.

Bitcoin shed a fifth of its value on Saturday as a combination of profit-taking and macro-economic concerns triggered nearly a billion dollars worth of selling across cryptocurrencies.

Durum wheat shortages hit Italy's pasta makers

Climbing costs for a key ingredient that makes pasta 'al dente' causes headaches for Italy's pasta producers.

Climbing costs for a key ingredient that makes pasta 'al dente' causes headaches for Italy's pasta producers.

Wall Street ends lower on Omicron worries, Fed taper angst

Wall Street's major indexes closed lower on Friday, with the Nasdaq leading the declines as investors bet that a strong jobs report would not slow the Federal Reserve's easing of support.

Wall Street's major indexes closed lower on Friday, with the Nasdaq leading the declines as investors bet that a strong jobs report would not slow the Federal Reserve's easing of support.

MLB locks out players after failing to reach deal

[NFA] Major League Baseball locked out its players on Thursday after failing to reach terms on a new collective bargaining agreement ahead of a midnight deadline. Lisa Bernhard produced this report.

[NFA] Major League Baseball locked out its players on Thursday after failing to reach terms on a new collective bargaining agreement ahead of a midnight deadline. Lisa Bernhard produced this report.

Wall Street rebounds from Omicron-driven rout

A broad rally sent Wall Street to a sharply higher close on Thursday, recovering ground lost over recent sessions as market participants snapped up bargains while digesting the implications of a shifting pandemic. Conway G.

A broad rally sent Wall Street to a sharply higher close on Thursday, recovering ground lost over recent sessions as market participants snapped up bargains while digesting the implications of a shifting pandemic. Conway G.

Amazon getting into yet another business

Amazon is getting into the auto business with a large investment into electric car maker Rivian.

Amazon is getting into the auto business with a large investment into electric car maker Rivian.

GSK says tests hint COVID drug fights Omicron

Laboratory analysis of the antibody-based COVID-19 therapy GlaxoSmithKline (GSK) is developing with U.S. partner Vir has indicated the drug is effective against the new Omicron variant, the British drugmaker said on Thursday. Conway G.

Laboratory analysis of the antibody-based COVID-19 therapy GlaxoSmithKline (GSK) is developing with U.S. partner Vir has indicated the drug is effective against the new Omicron variant, the British drugmaker said on Thursday. Conway G.

Kellogg reaches tentative agreement with union

Kellogg said on Thursday it has reached an agreement with the union on a new five-year contract for its employees at a few breakfast-cereal plants in the United States, potentially bringing a near two-month long strike to an end.

Kellogg said on Thursday it has reached an agreement with the union on a new five-year contract for its employees at a few breakfast-cereal plants in the United States, potentially bringing a near two-month long strike to an end.

Startups drive to electrify fossil-fuel cars

Soaring electric vehicle sales across major car markets have been accompanied by the rise of a burgeoning new cottage industry: converting fossil-fuel cars to electric.

Soaring electric vehicle sales across major car markets have been accompanied by the rise of a burgeoning new cottage industry: converting fossil-fuel cars to electric.

Moderna may have Omicron booster by March

Moderna could have a COVID-19 booster shot targeting the Omicron variant tested and ready to file for U.S. authorization as soon as March, the company's president said on Wednesday.

Moderna could have a COVID-19 booster shot targeting the Omicron variant tested and ready to file for U.S. authorization as soon as March, the company's president said on Wednesday.

Amping your ride: the firms electrifying old cars

Soaring electric vehicle sales across major car markets have been accompanied by the rise of a new breed of startup: firms that convert fossil-fuel cars to electric. Lucy Fielder has more.

Soaring electric vehicle sales across major car markets have been accompanied by the rise of a new breed of startup: firms that convert fossil-fuel cars to electric. Lucy Fielder has more.

Air France-KLM considers cap hike delay - sources

Air France-KLM is considering delaying its planned capital increase because of tough travel restrictions imposed by governments to mitigate the spread of the Omicron variant of the coronavirus, two sources familiar with the company's plans told Reute

Air France-KLM is considering delaying its planned capital increase because of tough travel restrictions imposed by governments to mitigate the spread of the Omicron variant of the coronavirus, two sources familiar with the company's plans told Reute

China advisers to recommend lower 2022 GDP target

Advisers to China's government will recommend a lower growth target this year of 5-5.5%, as the world's second largest economy heads into 2022 facing multiple headwinds. Lucy Fielder has more.

Advisers to China's government will recommend a lower growth target this year of 5-5.5%, as the world's second largest economy heads into 2022 facing multiple headwinds. Lucy Fielder has more.

Apple told suppliers iPhone 13 demand slow - report

Apple Inc has told its parts suppliers that demand for the iPhone 13 lineup has slowed, Bloomberg News reported on Wednesday, citing people familiar with the matter, signaling that some consumers have decided against trying to get the hard-to-find it

Apple Inc has told its parts suppliers that demand for the iPhone 13 lineup has slowed, Bloomberg News reported on Wednesday, citing people familiar with the matter, signaling that some consumers have decided against trying to get the hard-to-find it

Square changes its name to Block as focus shifts

Square, the payments company led by Twitter co-founder Jack Dorsey, said on Wednesday it was changing its name to Block, as it looks to expand into new technologies like blockchain.

Square, the payments company led by Twitter co-founder Jack Dorsey, said on Wednesday it was changing its name to Block, as it looks to expand into new technologies like blockchain.

Investors flee as Omicron reaches U.S.

Wall Street's major averages fell more than 1% on Wednesday after a morning rally faded as investor angst about the latest coronavirus variant soared with the first confirmed U.S. case. Conway G.

Wall Street's major averages fell more than 1% on Wednesday after a morning rally faded as investor angst about the latest coronavirus variant soared with the first confirmed U.S. case. Conway G.

'Going backwards again': Omicron hits SA tourism

A South African music festival was canceled on Wednesday after 36 at the site tested positive for COVID-19 - while elsewhere tourism-dependent businesses lamented travel restrictions imposed over the Omicron variant. David Doyle has more.

A South African music festival was canceled on Wednesday after 36 at the site tested positive for COVID-19 - while elsewhere tourism-dependent businesses lamented travel restrictions imposed over the Omicron variant. David Doyle has more.

Factories face supply headaches with Omicron risk

Global factory activity accelerated in November although crippling supply bottlenecks remained, putting a cap on output and driving up the cost of raw materials, according to surveys published on Wednesday.

Global factory activity accelerated in November although crippling supply bottlenecks remained, putting a cap on output and driving up the cost of raw materials, according to surveys published on Wednesday.

Inflation main risk to economic outlook - OECD

The main risk to an otherwise upbeat global economic outlook is that the current inflation spike proves longer and rises further than currently expected, the OECD said on Wednesday.

The main risk to an otherwise upbeat global economic outlook is that the current inflation spike proves longer and rises further than currently expected, the OECD said on Wednesday.

Suncity closes VIP gaming rooms - sources

Embattled gambling group Suncity Group Holdings has closed all of its VIP gaming rooms in Macau, the world's largest gambling hub, after the company's CEO was arrested, two sources with direct knowledge of the situation told Reuters.

Embattled gambling group Suncity Group Holdings has closed all of its VIP gaming rooms in Macau, the world's largest gambling hub, after the company's CEO was arrested, two sources with direct knowledge of the situation told Reuters.

'Too early' to know Omicron's impact on travel: Cathay Pacific

Hong Kong's Cathay Pacific Airways Ltd has maintained a strong liquidity position at a time when the impact of the Omicron variant of COVID-19 on travel demand remains unclear, a senior executive said on Wednesday.

Hong Kong's Cathay Pacific Airways Ltd has maintained a strong liquidity position at a time when the impact of the Omicron variant of COVID-19 on travel demand remains unclear, a senior executive said on Wednesday.

Australia launches inquiry into tech giants

Australia will conduct a wide-ranging parliamentary inquiry into the behavior of the world's largest technology companies and the need for new legislation, Prime Minister Scott Morrison said on Wednesday.

Australia will conduct a wide-ranging parliamentary inquiry into the behavior of the world's largest technology companies and the need for new legislation, Prime Minister Scott Morrison said on Wednesday.

U.S. FDA narrowly backs Merck's COVID-19 pill

A panel of expert advisers to the U.S. Food and Drug Administration on Tuesday narrowly voted to recommend the agency authorize Merck & Co's antiviral pill to treat COVID-19.

A panel of expert advisers to the U.S. Food and Drug Administration on Tuesday narrowly voted to recommend the agency authorize Merck & Co's antiviral pill to treat COVID-19.

Global markets rocked by taper talk, COVID fears

Wall Street followed global markets lower Tuesday after Federal Reserve Chair Jerome Powell signaled that the U.S. central bank would consider speeding up its withdrawal of bond purchases, piling pressure onto a market already nervous about the lates

Wall Street followed global markets lower Tuesday after Federal Reserve Chair Jerome Powell signaled that the U.S. central bank would consider speeding up its withdrawal of bond purchases, piling pressure onto a market already nervous about the lates

Do carbon-neutral companies even exist?

Claiming to be climate-neutral or carbon-neutral is very fashionable right now for companies. But what's real and what's just marketing?

Claiming to be climate-neutral or carbon-neutral is very fashionable right now for companies. But what's real and what's just marketing?

Lululemon vs Peloton: battle of the exercise brands

Lululemon Athletica followed through on its threat to sue Peloton Interactive over "copycat products" in the exercise bike company's new clothing line, an escalation in dueling lawsuits. Conway G.

Lululemon Athletica followed through on its threat to sue Peloton Interactive over "copycat products" in the exercise bike company's new clothing line, an escalation in dueling lawsuits. Conway G.

Inditex CEO stepping down, daughter takes over

Spanish fashion retail giant Inditex said on Tuesday that Marta Ortega, the daughter of its founder, will replace Pablo Isla, who led the company's global expansion for more than a decade, in a succession some analysts called rushed.

Spanish fashion retail giant Inditex said on Tuesday that Marta Ortega, the daughter of its founder, will replace Pablo Isla, who led the company's global expansion for more than a decade, in a succession some analysts called rushed.

World airlines warn Omicron will hit travel again

Airlines are starting to feel the effects of the new Omicron variant of COVID, with Emirates and easyJet both warning Tuesday of the risks to travel demand.

Airlines are starting to feel the effects of the new Omicron variant of COVID, with Emirates and easyJet both warning Tuesday of the risks to travel demand.

Volvo: chip crisis not over, but easing

Volvo Cars says the global shortage of chips is far from over, but it sees signs that supplies are improving.

Volvo Cars says the global shortage of chips is far from over, but it sees signs that supplies are improving.

Moderna CEO's vaccine warning rattles markets

Moderna CEO Stephane Bancel caused worry in global markets with comments that the drugmaker's vaccine may not be as effective against the new Omicron variant.

Moderna CEO Stephane Bancel caused worry in global markets with comments that the drugmaker's vaccine may not be as effective against the new Omicron variant.

CEO arrest sends Macau gambling group shares down

Shares of Macau gambling group Suncity Group Holdings Ltd slumped 40% in resumed trade on Tuesday after its CEO was arrested over alleged links to cross-border gambling.

Shares of Macau gambling group Suncity Group Holdings Ltd slumped 40% in resumed trade on Tuesday after its CEO was arrested over alleged links to cross-border gambling.

U.S. orders redo of Amazon union vote in Alabama

A regional director for the U.S. National Labor Relations Board on Monday called for a rerun of a union election at an Amazon.com Inc facility in Alabama, setting the stage for another high-profile organizing battle at the world's largest online reta

A regional director for the U.S. National Labor Relations Board on Monday called for a rerun of a union election at an Amazon.com Inc facility in Alabama, setting the stage for another high-profile organizing battle at the world's largest online reta

NY Mets finalizing record deal with Scherzer -reports

The Mets are finalizing a deal to bring eight-time All-Star pitcher Max Scherzer to New York in a three-year, $130-million contract, according to media reports, giving him the highest average annual salary in Major League Baseball history. Lisa Bernh

The Mets are finalizing a deal to bring eight-time All-Star pitcher Max Scherzer to New York in a three-year, $130-million contract, according to media reports, giving him the highest average annual salary in Major League Baseball history. Lisa Bernh

Wall Street rebounds after virus-related sell-off

Wall Street stocks closed higher on Monday, regaining some of the ground they lost in Friday's sell-off, as investors were hopeful that the Omicron coronavirus variant would not significantly dampen the economy. Conway G.

Wall Street stocks closed higher on Monday, regaining some of the ground they lost in Friday's sell-off, as investors were hopeful that the Omicron coronavirus variant would not significantly dampen the economy. Conway G.

Twitter CEO Jack Dorsey steps down, replaced by CTO Parag Agrawal

Twitter CEO Jack Dorsey steps down, replaced by CTO Parag Agrawal

Twitter CEO Jack Dorsey steps down, replaced by CTO Parag Agrawal

Jack Dorsey steps down as Twitter CEO

Twitter co-founder Jack Dorsey stepped down from his second stint as the social network's CEO and was replaced by the company's chief technology officer effectively immediately. Conway G. Gittens has more on the news.

Twitter co-founder Jack Dorsey stepped down from his second stint as the social network's CEO and was replaced by the company's chief technology officer effectively immediately. Conway G. Gittens has more on the news.

Can existing vaccines protect against Omicron?

World governments are racing to assess the threat posed by the new Omicron variant of coronavirus, closing borders and reimposing other COVID restrictions. In South Africa, in the region where the mutations were first detected, a Columbia University

World governments are racing to assess the threat posed by the new Omicron variant of coronavirus, closing borders and reimposing other COVID restrictions. In South Africa, in the region where the mutations were first detected, a Columbia University

From $0 to $7 billion: Here's how Swiss running shoe company On is becoming one of the hottest sportswear brands

On is a Swiss running shoe company that is the brainchild of Olivier Bernhard, a six-time Ironman champion and former professional triathlete. In just 11 years, the upstart company went from zero to a valuation over $7 billion. This is the story

On is a Swiss running shoe company that is the brainchild of Olivier Bernhard, a six-time Ironman champion and former professional triathlete. In just 11 years, the upstart company went from zero to a valuation over $7 billion. This is the story

Nissan unveils $18 bln electrification push

Nissan Motor Co announced on Monday it will spend 2 trillion yen ($17.59 billion) over five years to accelerate vehicle electrification to catch up with competitors in one of the fastest growth areas for car makers.

Nissan Motor Co announced on Monday it will spend 2 trillion yen ($17.59 billion) over five years to accelerate vehicle electrification to catch up with competitors in one of the fastest growth areas for car makers.

Evergrande shares dive after chairman sells stake

Shares in ailing Chinese property developer Evergrande tumbled on Monday after news that its chairman has sold off a big part of his stake.

Shares in ailing Chinese property developer Evergrande tumbled on Monday after news that its chairman has sold off a big part of his stake.

Macau casino shares plunge after execs arrested

Shares in Macau's casino operators plunged on Monday, rattled by the arrests of 11 people over alleged links to cross-border gambling and money laundering.

Shares in Macau's casino operators plunged on Monday, rattled by the arrests of 11 people over alleged links to cross-border gambling and money laundering.

Europe telcos: tech giants should fund 5G rollout

U.S. tech giants should bear some of the costs of developing Europe's telecoms networks because they use them so heavily, chief executives of Deutsche Telekom, Vodafone and 11 other major European telecoms companies said on Monday.

U.S. tech giants should bear some of the costs of developing Europe's telecoms networks because they use them so heavily, chief executives of Deutsche Telekom, Vodafone and 11 other major European telecoms companies said on Monday.

How hip-hop helped Vans become a billion-dollar brand

The founder of Vans did not intend on making a skateboarding shoe. But as Southern California youth became more interested in skateboarding, Van Doren's shoe was a perfect fit for their needs. Fast forward to the late 1980s when skateboarding ap

The founder of Vans did not intend on making a skateboarding shoe. But as Southern California youth became more interested in skateboarding, Van Doren's shoe was a perfect fit for their needs. Fast forward to the late 1980s when skateboarding ap

Top 10 companies that changed their name

We can't overstate how important these name changes were. For this list, we’ll be looking at notable times when companies rebranded or altered what they called themselves.

We can't overstate how important these name changes were. For this list, we’ll be looking at notable times when companies rebranded or altered what they called themselves.

'Smash and grab' crimes mar Black Friday cheer

A rise of so-called "smash and grab" robberies in several U.S. cities - where masked robbers smash into stores, grab merchandise and flee into waiting cars - is denting the holiday spirit for retailers. Conway G.

A rise of so-called "smash and grab" robberies in several U.S. cities - where masked robbers smash into stores, grab merchandise and flee into waiting cars - is denting the holiday spirit for retailers. Conway G.

COVID fears spark Dow's biggest sell-off of 2021

Wall Street had a rough day as in joined in on a steep global sell-off in stocks, bonds, oil and cryptocurrencies as the discovery of a new COVID-19 variant sparked fears the global economy is headed for another slowdown. Conway G. Gittens has the a

Wall Street had a rough day as in joined in on a steep global sell-off in stocks, bonds, oil and cryptocurrencies as the discovery of a new COVID-19 variant sparked fears the global economy is headed for another slowdown. Conway G. Gittens has the a

EU regulator approves Covid shot for 5-11 year olds

The EU's drug regulator approved the use of Pfizer-BioNTech's Covid-19 vaccine for children between the ages of five and 11 on Thursday, paving the way for them to be given a first shot as Europe struggles with a surge in cases.

The EU's drug regulator approved the use of Pfizer-BioNTech's Covid-19 vaccine for children between the ages of five and 11 on Thursday, paving the way for them to be given a first shot as Europe struggles with a surge in cases.

Uber drivers block central Brussels

Uber drivers blocked the main street leading from the European institutions to the centre of Brussels on Thursday (November 25) in anger about a court ruling which will see their activities halted from Friday (November 26) evening.

Uber drivers blocked the main street leading from the European institutions to the centre of Brussels on Thursday (November 25) in anger about a court ruling which will see their activities halted from Friday (November 26) evening.

China, OPEC cool on U.S. bid to tame oil prices

A U.S. bid to tame oil prices with a coordinated release of oil reserves has drawn a non-committal response from China and defiance from OPEC.

A U.S. bid to tame oil prices with a coordinated release of oil reserves has drawn a non-committal response from China and defiance from OPEC.

German consumer morale hit by infections

A surge in coronavirus infections in Germany is weighing on consumer morale in Europe's largest economy, dampening business prospects in the Christmas shopping season and threatening to kick away the country's last remaining pillar of growth.

A surge in coronavirus infections in Germany is weighing on consumer morale in Europe's largest economy, dampening business prospects in the Christmas shopping season and threatening to kick away the country's last remaining pillar of growth.

Shares in China's Kaisa surge on debt deal bid

Shares in ailing Chinese developer Kaisa Group surged on Thursday after it said it was trying to extend the payment deadline on some key debt, easing fears of a messy default.

Shares in ailing Chinese developer Kaisa Group surged on Thursday after it said it was trying to extend the payment deadline on some key debt, easing fears of a messy default.

Dyson dumps Malaysia's ATA over labor concerns

Dyson has terminated its relationship with supplier ATA IMS Bhd following an audit of the Malaysian company's labour practices and allegations by a whistleblower, the firm famed for its high-tech vacuum cleaners told Reuters.

Dyson has terminated its relationship with supplier ATA IMS Bhd following an audit of the Malaysian company's labour practices and allegations by a whistleblower, the firm famed for its high-tech vacuum cleaners told Reuters.

Stocks end mostly higher ahead of Thanksgiving

The S&P 500 and the Nasdaq rose on Wednesday in light trading ahead of the Thanksgiving holiday. Conway G. Gittens has more.

The S&P 500 and the Nasdaq rose on Wednesday in light trading ahead of the Thanksgiving holiday. Conway G. Gittens has more.

U.S. shoppers keep spending despite hot inflation

U.S. consumer spending increased more than expected in October as households bought a range of goods, showing no signs yet of holding back because of high inflation ahead of the holiday-shopping season. Conway G.

U.S. consumer spending increased more than expected in October as households bought a range of goods, showing no signs yet of holding back because of high inflation ahead of the holiday-shopping season. Conway G.

Gap, Nordstrom shares sink on supply chain issues

Shares of Nordstrom and Gap sank early Wednesday after the two retailers’ quarterly earnings got slammed by supply chain issues.

Shares of Nordstrom and Gap sank early Wednesday after the two retailers’ quarterly earnings got slammed by supply chain issues.

Deere profit surges on soaring farm income

Deere’s surging quarterly profit surpassed Wall Street’s estimates on Wednesday, as a jump in crop and livestock prices encouraged farmers to splurge on tractors and combines.

Deere’s surging quarterly profit surpassed Wall Street’s estimates on Wednesday, as a jump in crop and livestock prices encouraged farmers to splurge on tractors and combines.

Talks over VW chief's future 'on a knife edge'

Talks over the future of Volkswagen CEO Herbert Diess hang 'on a knife edge', according to Reuters sources.

Talks over the future of Volkswagen CEO Herbert Diess hang 'on a knife edge', according to Reuters sources.

Turkey stumbles into unknown as lira crashes

Turkey's lira currency steadied on Wednesday, but its recent crash and the country's soaring inflation has consumers fearful for the future.

Turkey's lira currency steadied on Wednesday, but its recent crash and the country's soaring inflation has consumers fearful for the future.

Orange CEO's fate on the line after conviction

Orange CEO Stephane Richard said on Wednesday it was up to the board of France's biggest telecoms company to decide whether he should remain after a Paris appeal court convicted him of complicity of misuse of public funds.

Orange CEO Stephane Richard said on Wednesday it was up to the board of France's biggest telecoms company to decide whether he should remain after a Paris appeal court convicted him of complicity of misuse of public funds.

Samsung chooses Texas for $17 bln chip plant

Samsung Electronics says it's chosen a site in Texas for a $17 billion chip plant.

Samsung Electronics says it's chosen a site in Texas for a $17 billion chip plant.

India's crypto ban plan leads to 'heavy selling'

Plans by the Indian government for a new bill that would bar most private cryptocurrencies has triggered heavy selling in the country's digital currency markets, as investors look to exit positions despite the losses, said traders and investors.

Plans by the Indian government for a new bill that would bar most private cryptocurrencies has triggered heavy selling in the country's digital currency markets, as investors look to exit positions despite the losses, said traders and investors.

Apple sues Israeli spyware company NSO Group

Apple said on Tuesday it has filed a lawsuit against Israeli cyber firm NSO Group and its parent company OSY Technologies for alleged surveillance and targeting of U.S. Apple users with its Pegasus spyware.

Apple said on Tuesday it has filed a lawsuit against Israeli cyber firm NSO Group and its parent company OSY Technologies for alleged surveillance and targeting of U.S. Apple users with its Pegasus spyware.

Big Toshiba shareholder says no to break-up plan

Toshiba Corp's second-largest shareholder on Wednesday objected to the Japanese conglomerate's plan to split itself into three companies and called on it to instead solicit offers from potential buyers.

Toshiba Corp's second-largest shareholder on Wednesday objected to the Japanese conglomerate's plan to split itself into three companies and called on it to instead solicit offers from potential buyers.

Nasdaq falls as Big Tech loses more ground

The Nasdaq ended lower for a second straight session on Tuesday, while the Dow and S&P 500 rose, as rising Treasury yields prompted investors to sell Tesla and other Big Tech names and buy less-pricey stocks. Conway G. Gittens has the details.

The Nasdaq ended lower for a second straight session on Tuesday, while the Dow and S&P 500 rose, as rising Treasury yields prompted investors to sell Tesla and other Big Tech names and buy less-pricey stocks. Conway G. Gittens has the details.

Black Friday comes early due to supply disruptions

Facing scarce year-end inventories and a shortage of workers, retailers have turned "Black Friday" into a month-long event with holiday promotions launched earlier than normal. Conway G.

Facing scarce year-end inventories and a shortage of workers, retailers have turned "Black Friday" into a month-long event with holiday promotions launched earlier than normal. Conway G.

U.S. to tap strategic oil reserve in rare move

The United States said on Tuesday it would release 50 million barrels of oil from strategic reserves in a coordinated move with China, India, South Korea, Japan and Britain to cool prices after OPEC+ producers rebuffed calls for more crude.

The United States said on Tuesday it would release 50 million barrels of oil from strategic reserves in a coordinated move with China, India, South Korea, Japan and Britain to cool prices after OPEC+ producers rebuffed calls for more crude.

Explainer: What we know about El Salvador's bitcoin bond

El Salvador plans to build the world's first "Bitcoin City" with money from a $1 billion bitcoin-backed bond, according to the country's President Nayib Bukele. Here is what we know about the proposed bond and some of the details that still need to b

El Salvador plans to build the world's first "Bitcoin City" with money from a $1 billion bitcoin-backed bond, according to the country's President Nayib Bukele. Here is what we know about the proposed bond and some of the details that still need to b

Best Buy sees weak holiday sales

Best Buy forecast fourth-quarter comparable sales below analysts' estimates on Tuesday, as the electronics retailer braces for a hit from likely product shortages during the crucial holiday shopping season.

Best Buy forecast fourth-quarter comparable sales below analysts' estimates on Tuesday, as the electronics retailer braces for a hit from likely product shortages during the crucial holiday shopping season.

Turkish lira crashes on inflation fears

Turkey's lira nose-dived 15% on Tuesday in its second-worst day ever after President Tayyip Erdogan defended recent sharp rate cuts, and vowed to win his "economic war of independence" despite widespread criticism and pleas to reverse course.

Turkey's lira nose-dived 15% on Tuesday in its second-worst day ever after President Tayyip Erdogan defended recent sharp rate cuts, and vowed to win his "economic war of independence" despite widespread criticism and pleas to reverse course.

U.S. airlines rush to staff up again

After laying off thousands of workers during the health crisis, U.S. airlines are now scrambling to staff up as a rebound leaves them short of all kinds of workers.

After laying off thousands of workers during the health crisis, U.S. airlines are now scrambling to staff up as a rebound leaves them short of all kinds of workers.

Xiaomi sales miss estimate as rivals ramp up

Chinese smartphone maker Xiaomi Corp on Tuesday reported a smaller than expected 8.2% rise in third-quarter revenue, hurt by intensifying competition from domestic rivals Oppo and Vivo.

Chinese smartphone maker Xiaomi Corp on Tuesday reported a smaller than expected 8.2% rise in third-quarter revenue, hurt by intensifying competition from domestic rivals Oppo and Vivo.

Euro zone economy picks up, but price fears mount

Euro zone business activity saw a surprise acceleration this month, but price pressures keep mounting.

Euro zone business activity saw a surprise acceleration this month, but price pressures keep mounting.

Italy fines Apple and Amazon $225 mln

Italy's antitrust authority has fined U.S. tech giants Amazon and Apple a total of more than 200 million euros ($225 million) for alleged anti-competitive cooperation in the sale of Apple and Beats products.

Italy's antitrust authority has fined U.S. tech giants Amazon and Apple a total of more than 200 million euros ($225 million) for alleged anti-competitive cooperation in the sale of Apple and Beats products.

S&P ends lower after Powell nomination

The S&P 500 ended lower on Monday after President Joe Biden picked Federal Reserve Chair Jerome Powell to lead the central bank for a second term, while Wall Street lenders rallied on the prospect of interest rate hikes in 2022.

The S&P 500 ended lower on Monday after President Joe Biden picked Federal Reserve Chair Jerome Powell to lead the central bank for a second term, while Wall Street lenders rallied on the prospect of interest rate hikes in 2022.

Biden gives Fed's Powell nod for second term

U.S. President Joe Biden on Monday nominated Federal Reserve Chair Jerome Powell for a second four-year term, positioning the former investment banker to continue the most consequential revamp of monetary policy since the 1970s and finish guiding the

U.S. President Joe Biden on Monday nominated Federal Reserve Chair Jerome Powell for a second four-year term, positioning the former investment banker to continue the most consequential revamp of monetary policy since the 1970s and finish guiding the

Pfizer says shot gives teens long-term protection

Pfizer said on Monday its COVID-19 vaccine provided strong long-term protection against the virus in a late-stage study conducted among adolescents aged 12 to 15 years.

Pfizer said on Monday its COVID-19 vaccine provided strong long-term protection against the virus in a late-stage study conducted among adolescents aged 12 to 15 years.

Germany promotes use of 'Rolls-Royce' Moderna shot

Germany will promote Moderna for Germans seeking booster shots as high demand for the BioNTech/Pfizer vaccine risks depleting stocks and derailing efforts to tame a fourth wave of the pandemic.

Germany will promote Moderna for Germans seeking booster shots as high demand for the BioNTech/Pfizer vaccine risks depleting stocks and derailing efforts to tame a fourth wave of the pandemic.

BA-owner IAG says U.S. bookings near 2019 levels

British Airways-owner says the reopening of flights between Europe and the U.S. has boosted bookings. Natalie Powell reports

British Airways-owner says the reopening of flights between Europe and the U.S. has boosted bookings. Natalie Powell reports

U.N. warns Afghan banks face meltdown

The United Nations has called for urgent action to prevent a collapse of Afghanistan's banks.

The United Nations has called for urgent action to prevent a collapse of Afghanistan's banks.

El Salvador plans 'Bitcoin City'

After becoming the first country to accept the cryptocurrency as legal tender, El Salvador plans to build the world's first Bitcoin City, funded initially by bitcoin-backed bonds, Natalie Powell reports

After becoming the first country to accept the cryptocurrency as legal tender, El Salvador plans to build the world's first Bitcoin City, funded initially by bitcoin-backed bonds, Natalie Powell reports

M&S shares jump on reports of possible takeover

Shares in UK retailer Marks & Spencer jumped on Monday after weekend media reports that it could face a takeover bid by investment firm Apollo Global.

Shares in UK retailer Marks & Spencer jumped on Monday after weekend media reports that it could face a takeover bid by investment firm Apollo Global.

He built one of Europe's most valuable start-ups in his 20s

Hanno Renner, CEO and co-founder of human resources start-up Personio, describes how the lessons he learned as a yacht skipper can be applied to running a start-up valued at more than $6.3 billion. CNBC Make It's Vicky McKeever reports.

Hanno Renner, CEO and co-founder of human resources start-up Personio, describes how the lessons he learned as a yacht skipper can be applied to running a start-up valued at more than $6.3 billion. CNBC Make It's Vicky McKeever reports.

Holiday travel sends TSA screens to pandemic high

The U.S. Transportation Security Administration screened 2.24 million airline passengers on Friday, the highest number of passengers since the start of the COVID-19 pandemic, it announced on Saturday, as more Americans travel for Thanksgiving than la

The U.S. Transportation Security Administration screened 2.24 million airline passengers on Friday, the highest number of passengers since the start of the COVID-19 pandemic, it announced on Saturday, as more Americans travel for Thanksgiving than la

Japan unveils record stimulus package

Japan is set to announce a record $490 billion spending package on Friday to cushion the economic blow from the COVID-19 pandemic, bucking a global trend towards withdrawing crisis-mode stimulus measures and adding strains to its already tattered fin

Japan is set to announce a record $490 billion spending package on Friday to cushion the economic blow from the COVID-19 pandemic, bucking a global trend towards withdrawing crisis-mode stimulus measures and adding strains to its already tattered fin

FDA authorizes Pfizer, Moderna COVID-19 boosters

The U.S. Food and Drug Administration on Friday authorized booster doses of COVID-19 vaccines for all adults who were vaccinated with the Pfizer-BioNTech shot and the Moderna shot. Conway G.

The U.S. Food and Drug Administration on Friday authorized booster doses of COVID-19 vaccines for all adults who were vaccinated with the Pfizer-BioNTech shot and the Moderna shot. Conway G.

Strong earnings propel S&P, Nasdaq to record highs

Both the S&P 500 and the Nasdaq eked out record closing highs Thursday, as investors focused on upbeat retail and technology earnings which outshone hawkish inflation comments from a Federal Reserve policymaker.

Both the S&P 500 and the Nasdaq eked out record closing highs Thursday, as investors focused on upbeat retail and technology earnings which outshone hawkish inflation comments from a Federal Reserve policymaker.

Macy's shows there's still life in department stores

Macy's beat quarterly sales targets and guided full-year estimates higher with the department store operator bouncing back from the depths of the pandemic as consumers return to shopping in-store and digital sales soar. Conway G. Gittens has more.

Macy's beat quarterly sales targets and guided full-year estimates higher with the department store operator bouncing back from the depths of the pandemic as consumers return to shopping in-store and digital sales soar. Conway G. Gittens has more.

Top 5 mergers and acquisitions of all time

A look at the top five mergers and acquisitions of all time.

A look at the top five mergers and acquisitions of all time.

CVS to close 900 stores over three years

CVS Health would close about 300 stores a year for the next three years, the company said on Thursday, and expects to record an impairment charge of $1.0 billion to $1.2 billion in the fourth quarter of 2021.

CVS Health would close about 300 stores a year for the next three years, the company said on Thursday, and expects to record an impairment charge of $1.0 billion to $1.2 billion in the fourth quarter of 2021.

Deere workers end strike, approve 6-year contract

Workers at farm equipment maker John Deere, represented by the United Auto Workers, voted to end a more than one-month strike and approved a new six-year contract with a substantial pay raise. Conway G. Gittens has the details.

Workers at farm equipment maker John Deere, represented by the United Auto Workers, voted to end a more than one-month strike and approved a new six-year contract with a substantial pay raise. Conway G. Gittens has the details.

How this 25-year-old earns and spends $33,000 a year in Chicago

Britt Dorton, 25, is a paralegal making $33,000 a year in Chicago, Illinois. She is preparing to go to law school to become an attorney who focuses on disability and prisoner's rights.

Britt Dorton, 25, is a paralegal making $33,000 a year in Chicago, Illinois. She is preparing to go to law school to become an attorney who focuses on disability and prisoner's rights.

Biden begs big oil buyers to help cool prices

The U.S. has asked big Asian oil buyers including China, Japan and India to tap their reserves of crude to help cool rising global prices for the commodity, according to Reuters sources.

The U.S. has asked big Asian oil buyers including China, Japan and India to tap their reserves of crude to help cool rising global prices for the commodity, according to Reuters sources.

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