The German financial supervisory authority has issued a 'nervous moment' warning for banks and forecasted tension in the real estate market.

On Tuesday, Germany's financial regulator issued a warning that the country's banking system is experiencing a real-life stress test amidst the present turbulence and predicted considerable weakening for the commercial property sector. Since March, when Silicon Valley Bank failed and nume...

Deal talks continue, but Virgin Orbit is doing everything it can to escape bankruptcy.

According to CNBC's findings, Virgin Orbit is in a mad dash to find a financing lifeline and avoid bankruptcy, which could happen as soon as this week if a deal isn't reached.

CNBC was the first to report that the rocket manufacturer had temporarily shut down and dismissed most ...

Elon Musk claims Twitter is 'trending to breakeven' after nearly going bankrupt.

Elon Musk, CEO of Twitter, stated on Sunday that the last three months have been "very difficult," but that the social media business is "currently heading to breakeven." This assertion was not independently verified by CNBC. Musk, who also serves as CEO of Tesla and SpaceX, s...

It's the "wild west out there," according to the CEO, who believes that regulation is required to keep businesses on track in terms of sustainability.

According to the CEO of SDG Monitor, a group focused on assessing performance in that area, companies require more oversight and responsibility to ensure they are reaching sustainable targets. Tuuli-Anna Tiuttu, speaking at CNBC's Sustainable Future Forum on Friday, emphasized that CEOs and m...

CNB & NIGERIAN SECURITIES AND EXCHANGE OFFICIALS ASKED TO EXPLAIN BAN ON CRYPTOCURRENCY

Highlights:

•             There has been widespread opposition to the crypto ban in Nigeria

•             The Senate has now asked the officials th...

CHINA GRANTS CONDITIONAL MARKETING AUTHORIZATION FOR ITS SELF-DEVELOPED COVID-19 VACCINE

Highlights –

• China grants conditional marketing authorization for its self-developed COVID-19 vaccine.
• Beijing Biological Products Institute Co. Ltd. has developed the inactivated vaccine.
• The self-developed COVID-19 vaccine by China ...

A survey explores takes of wealthy Americans on US market and Economy at the year-end

Regarding the economy and stock market in 2020, the overall sentiment of the wealthy American remains optimistic albeit increased levels of anxiety. According to the results of the new CNBC Millionaire Survey, for 2020 most millionaires do not expect big things or the U.S. economy going over a cl...

Eni CEO says lifting a boycott against Qatar would be "perfect for everyone"

The CEO of Italian oil and gas company Eni has supported a return to diplomatic ties between Qatar and its powerful neighbors, telling CNBC that lifting a boycott against the country would be "perfect for everyone." When there is communication, it's good when there are good relation...

McDonald's USA Sign up for Apex's Wind and Solar Energy to Reduce Gas Emissions

McDonald's, Infrastructure and Power Process for Ares Management Company, and Apex Clean Energy signed a 220 MW digital sustainable power purchase agreement that would see the cheap food goliath buy green wind and sun-powered businesses in Texas from a source of power.

The understan...