An area of reclaimed former mudflats near Hong Kong on the city of Shenzhen’s western coast has been transformed into one of the fastest-growing innovation-focused districts in southern China’s Greater Bay Area (GBA). The 14.92 sq km special economic zone of Qianhai – or Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone – was established…
The financial regulator has approved the London Stock Exchange to operate a new type of a private stock market, created to win more business from private firms and inject new life into the UK stock market. The system is called Pisces, the “private intermittent securities and capital exchange system”.Julia Hoggett, chief executive of the London…
A new Cadillac is making a powerful statement in the electric vehicle luxury market. One auto expert believes it could surpass competitors and regain luxury brand status. The Drive reported on the 2026 Cadillac Lyriq-V in a test drive review. The company said its performance variant is the “fastest production Cadillac in history.” While similar…
Photo Credit: Getty Images With a total net worth of just under a quarter trillion dollars, Jeff Bezos certainly has his fair share of walking-around money. A decent chunk of those funds went into the construction of Koru, Bezos’ megayacht that is estimated to be worth $500 million. As Luxurylaunches suggested, “You can tell everything…
Monday’s lawsuit filed in Texas by X and Elon Musk’s (pictured in March at the White House in Washington, D.C.) xAI, an artificial intelligence startup he launched in 2023, accused Apple and OpenAI of an “anticompetitive scheme” and alleged the two “colluded” in order to keep a monopoly in the generative AI business markets. Photo…
Bloomberg News is now tracking the daily gyrations and cumulative impact of Donald Trump’s second term on stocks, the dollar, 10-year Treasury notes, gold and Bitcoin. Click here to see the tracker . Traders are breathing easier heading into this week after Federal Reserve Chair Jerome Powell indicated that interest rate cuts are coming. The…
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. Powell’s power Federal Reserve Chair Jerome Powell hinted at the potential for interest rate cuts during his much-anticipated speech in Jackson Hole, Wyoming, on Friday. Investors liked…
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters It’s been two years since the explosion of generative artificial intelligence started to transform Nvidia’s business. Since then, the chipmaker’s revenue has more than tripled and profits have quadrupled. Nvidia‘s fiscal second-quarter earnings…
Hong Kong’s bar scene is one of the best in Asia, with world-class cocktails and a buzzing nightlife. The only catch? It’s one of the world’s most expensive cities, and an after-work drink or casual hang-out with friends can easily add up, making nights out feel like a splurge. The good news is that not…
Age is no barrier to beauty. Legendary actress Joan Collins, 92, recently turned heads in a chic white swimsuit as she shared a glamorous photo from her holiday in the south of France on Instagram, inspiring us all to embrace every chapter of life with elegance and flair. Joan Collins posted a photo of herself…