The upcoming wedding of the founder of a renowned milk tea company from a grass-roots background and the daughter of a wealthy family that owns a leading solar energy firm has captivated the Chinese public and is trending online. Zhang Junjie, the driving force behind the Chinese milk tea brand Chagee, and his bride Gao…
One of the most exciting uses of the blockchain is the tokenisation of real world assets – the ability to represent traditional financial assets as digital units. In theory, you can tokenise anything: funds, stocks, bonds, commodities, real estate, private equity – even artworks. There are a number of compelling advantages to doing so, especially…
Some of the biggest names in fashion, art and entertainment descended on Doha to celebrate rising talent from the Middle East and North Africa (MENA) at the seventh edition of Fashion Trust Arabia (FTA), held over the weekend in the capital of Qatar. The first initiative of its kind in the Middle East, FTA began…
HONG KONG (AP) — An unmanned, oval-shaped craft from flying taxi maker EHang hovers, whirring noisily like a mini-helicopter over a riverside innovation zone on the outskirts of the southern Chinese business hub of Guangzhou, part of a trial of a mini-flying taxi that once might have been found only in sci-fi films. In nearby…
CNBC’s Jim Cramer on Friday walked investors through next week on Wall Street which, although short, is chock full of earnings. He highlighted reports from retailers including Burlington Stores, Best Buy and Kohl’s, as well as tech giant Dell. “Every data point, every bit of research and earnings will be scrutinized starting Monday, just like…
Paul Costelloe, the Irish-American designer who dressed the late Princess Diana and became a stalwart of the London fashion scene, has died, his company confirmed. He was 80. In addition to creating evening wear for Diana, Costelloe established a fashion house that celebrated luxurious fabrics and creative design. He worked in central London and with…
Bitcoin is crashing into dangerous territory — and options-fueled selling is adding to the volatility. The largest cryptocurrency dropped as much as 7.6% on Friday to $80,553, deepening a selloff that’s erased nearly 25% of its value this month. November is now shaping up to be Bitcoin’s worst month since the 2022 collapse of Terra…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: 1. Hero to zero Stock investors didn’t end up getting the post-Nvidia earnings market bounce they hoped for. After opening yesterday’s trading session higher, stocks took a dramatic…
Chef Kwame Onwuachi of Tatiana at Lincoln Center in New York is a part of Motorola’s recent “Icons for Icons” campaign. Motorola When I push open the kitchen doors, I want to see a dining room full of diners, especially Brown and Black diners, who looking at their plates feel seen, celebrated, and recognized. And…
New York Fed President John Williams said Friday there is room for “further adjustment in the near term” to interest rates – sparking traders to step up their bets on a quarter-point cut at the Fed’s December meeting. Williams argued labor market weakness still poses a bigger threat than inflation, leaving the door open for…