Business Blog

As winning 'Magnificent Seven' stocks wrapped up a spectacular year, hedge funds appeared to lock in profits during the fourth quarter.

Two recent M&A announcements by big pharma are creating excitement among investors. Here's who is poised to benefit.

The U.S. is considering slapping sanctions on Chinese companies it believes are helping Russia fuel its war in Ukraine, members of Congress told CNBC.

The Kremlin on Monday confirmed an investigation into the death of imprisoned Russian opposition leader Alexei Navalny is ongoing.

Xpeng plans to hire 4,000 new people and invest 3.5 billion Chinese yuan ($486.2 million) in artificial intelligence technology, according to the company's CEO.

The Iran-backed Houthi group on Sunday damaged a ship offshore Yemen, prompting its crew to abandon the vessel.