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Sanctions on Russian crude oil have ‘failed completely,’ oil analyst says

The G-7, the EU and Australia implemented on Dec. 5 a cap on Russian oil prices. Bloomberg | Bloomberg | Getty Images Sanctions imposed on Russian crude oil have so far “failed completely” and new price caps could prove immaterial as well, analysts told CNBC. The European Union is planning …

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Hong Kong to give away half a million air tickets to boost tourism

Hong Kong’s new global promotional campaign will “kickstart” the city’s reopening to international travelers, the Hong Kong Tourism Board told CNBC’s “Squawk Box Asia” on Friday.  As part of the “Hello Hong Kong” campaign, which was launched on Thursday, 500,000 air tickets will be given away over the next six …

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Cramer says Meta’s latest quarter shows why he stuck with the stock

CNBC’s Jim Cramer on Thursday used Facebook parent company Meta Platforms as a case study of why it sometimes pays off to hold downtrodden stocks. “When companies change their stripes, or when they’re incredibly well managed, or disciplined, or efficient, or when they invent amazing products and reinvent themselves on …

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