Jason Alden | Bloomberg | Getty Images Rajnish Kumar, chairman, State Bank of India. India’s largest lender posted its first quarterly loss in 17 years for the three months ended in December, but its chairman told CNBC that the rest of the year looks much better. The State Bank of …

An outside view of the concert hall during the Nobel Prize Awards Ceremony on December 10, 2017, in Stockholm, Sweden. No Nobel Prize for literature will be given this year, following a scandal over sexual misconduct allegations that has seen a string of board members resign from the board of …

Mandel Ngan | AFP | Getty Images Former New York City mayor Rudy Giuliani speaks at a rally for Republican presidential nominee Donald Trump at Ambridge Area Senior High School on October 10, 2016 in Ambridge, Pennsylvania. Donald Trump’s newest legal aide told NBC News that he made the explosive …

Mark Wilson | Getty Images U.S. President Donald Trump waves as he departs from the White House on July 12, 2017 in Washington, DC. President Donald Trump has asked the Pentagon to look into reducing the presence of American troops in South Korea, The New York Times reported on Thursday, …

Getty Images Former Trump campaign chairman Paul Manafort (L) arrives at a federal courthouse with his attorney Kevin Downing, November 2, 2017 in Washington, DC. Special counsel Robert Mueller asked a judge Thursday to issue 70 blank subpoenas that will be used to compel the appearance of witnesses at the …

Chinese cancellations of U.S. soybean orders for the week ended April 26 resulted in a decline of 133,700 metric tons in net sales to China, USDA Foreign Agricultural Service data showed Thursday. But 66,000 metric tons of those soybeans were sent to Vietnam instead, the data showed. Meanwhile, the U.S. …

Photo: David Monniaux | Wikipedia Manuela Veloso, head of the Machine Learning department at Carnegie Mellon University. J.P. Morgan Chase hired a veteran professor as head of artificial intelligence research as the investment bank prepares for wider adoption of automation. The bank said that Manuela Veloso, head of the machine …

Emmanuel Dunand | Getty Images Kevin Systrom, co‑founder of Instagram You can now store payment information and buy products directly inside the Instagram app, the company confirmed to CNBC Thursday. The payment feature appears under Settings in the app, with an option to add debit or credit card information, track …

Activision Blizzard shares suddenly fell 5 percent early Thursday afternoon before trading was halted. The stock resumed trading around 3:30 p.m. ET and initially spiked more than 1 percent, but subsequently dropped 2 percent. At 1:05 p.m. ET, Dow Jones ran a few headlines about the gaming company’s earnings. The …

Getty Images Richard Gates, former associate to Paul Manafort, leaves the Prettyman Federal Courthouse after a hearing February 23, 2018 in Washington, DC. The firm, called Black, Manafort, Stone and Kelly, was known for its work to help improve the image of controversial politicians, including Ferdinand Marcos of the Philippines, …