China’s biggest shopping event of the year exceeds low expectations
The Singles’ Day shopping festival saw consumers spend more than expected in what’s otherwise been a tepid retail environment, consulting executives said.
SoftBank posts blowout quarterly gains at Vision Fund tech arm
The company lodged a steep quarterly increase on Vision Fund gains after swinging back to black in the three months to June.
CNBC Daily Open: Best to stay prudent even in the postelection afterglow
It remains to be seen if the postelection market rally will fizzle out once the initial euphoria wears off, or portends a longer-term phenomenon.
Elon Musk is no Kissinger, but may help improve U.S.-China relations, experts say
Musk’s relationship with Trump has fueled expectations that he could soften U.S. policy toward Beijing, but experts caution against putting too much stock into the Tesla CEO.
This Australian quit her job at 24 and started a business out of her parents’ garage—now, it brings in over $100 million a year
Jane Lu is the founder and CEO of online fashion retailer Showpo. Today, the business brings in over $100 million a year.
CNBC Daily Open: Better to stay prudent than bask in the postelection afterglow
It remains to be seen if the postelection market rally will fizzle out once the initial euphoria wears off, or portends a longer-term phenomenon.
Bitcoin resumes its climb, briefly touching $90,000 in late afternoon trading
Bitcoin climbed over the $90,000 level in late afternoon trading Tuesday.
European Google rivals partner on search engine infrastructure to counter Big Tech
Ecosia and Qwant are partnering to build a European search index and reduce their dependence on U.S. Big Tech firms.
China’s state-owned tobacco behemoth is booming, defying global trends and anti-smoking efforts
Powered by “the biggest tobacco company most people have never heard of,” China is bucking global smoking trends as cigarette sales surge in the country.
Asia-Pacific markets fall as U.S. postelection rally fails to lift regional optimism
Asia-Pacific markets were lower even as the Dow Jones Industrial Average’s post-election rally continued to gain momentum to close at a record high.
