An offshore drilling platform stands in shallow waters at the Manifa offshore oilfield, operated by Saudi Aramco, in Manifa, Saudi Arabia. Simon Dawson | Bloomberg | Getty Images The chief of the world’s largest oil company said he is worried about global crude supplies. Current market dynamics — such as …

Standard Chartered Bank (SCB) in downtown, brand logo and office building in Shanghai. Andy Feng | iStock Editorial | Getty Images China’s economy will be “on fire” in the second half of 2023 as the economic performance of East and West diverges, according to Standard Chartered Chairman José Viñals. The …

A pedestrian wearing a protective face mask walks in front of a UniCredit SpA bank branch in Milan, Italy, on Thursday, Sept. 3, 2020. Camilla Cerea | Bloomberg | Getty Images Recent data points suggest the euro zone may defy the odds and avoid a recession, according to Andrea Orcel, …

MichelleMitha | iStock / 360 | Getty Images LONDON — U.K. inflation eased on the month, in line with economists’ expectations, as fuel, clothing and recreational costs dragged down the index. Inflation softened to 10.5% in December, down from the 10.7% of November, the British Office for National Statistics said …

The Bund in Shanghai, China, on Oct. 17, 2022. China’s gross domestic product grew 3% in 2022, less than half of 2021’s rate. Qilai Shen | Bloomberg | Getty Images China’s economy looks poised for a rebound in 2023, but a lot depends on one variable — the consumer, said investment …

The CEO of Ukrainian state energy giant Naftogaz said the company is working toward resolving its debt default problems quickly. Yuriy Vitrenko told CNBC’s Hadley Gamble at the World Economic Forum in Davos on Tuesday that he is in the final stages of getting the company back on track. “By …

A Porsche luxury automobile passes the Ukraine House pavilion ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Sunday, May 22, 2022. Hollie Adams | Bloomberg | Getty Images U.S. officials are privately huddling at the World Economic Forum with allies from around the world to discuss ongoing …

Despite news of layoffs and hiring freezes, employees in Asia will be more confident in their abilities — and more ready for a job switch than last year, according to LinkedIn.  This is based on the latest findings from LinkedIn’s Workforce Confidence Index research conducted among more than 4,000 employees …

CNBC’s Jim Cramer on Tuesday gave investors a list of stocks he believes fit Americans’ spending habits after navigating the Covid pandemic for the last three years. “The biggest theme is the rise of this ‘life is too short’ mentality. People don’t want to waste their time anymore,” he said. …

Elon Musk Twitter page seen on mobile with his poll to step down as head of Twitter Jonathan Raa | Nurphoto | Getty Images   Twitter is auctioning off espresso machines, kegerators, computers, and even oversized neon displays with the company’s logo as the social messaging service reportedly has fallen …