CNBC: World News

Cryptocurrency stunt to climb Mount Everest reportedly turns deadly

Cryptocurrency stunt to climb Mount Everest reportedly turns deadly

A publicity stunt by a Ukranian social media network encouraging "crypto enthusiasts" to climb Mt. Everest and bury a hard drive holding $50,000 worth of digital tokens reportedly indirectly led to a

Chinese police take down gang of inventive online reputation cleaners

Police in Shanghai have busted what they say is a gang who duped websites into deleting negative reviews by posing as government censors and media personnel, the South China Morning Post reports.
Italy's Conte struggles to form team; markets tumble

Italy's Conte struggles to form team; markets tumble

Markets fell on fears the incoming government will embark on a spending spree and undermine fragile state finances.
Facebook, Google face complaints worth $8 billion over alleged breach of new EU data law

Facebook, Google face complaints worth $8 billion over alleged breach of new EU data law

Max Schrems' non-profit organization NOYB filed complaints against Google, Facebook and Facebook-owned services WhatsApp and Instagram.
Trump says dialogue with North Korea has reopened: 'We're talking to them now'

Trump says dialogue with North Korea has reopened: 'We're talking to them now'

Trump says his administration has started talking to North Korea again following the cancellation of a summit.
South Africa's ailing state-owned firms set to invest billions in dramatic reform program

South Africa's ailing state-owned firms set to invest billions in dramatic reform program

President Cyril Ramaphosa has said that some of the country's larger public companies will re-invest 420 billion rand.
Oil prices are tanking as Russia and Saudi Arabia rethink output caps

Oil prices are tanking as Russia and Saudi Arabia rethink output caps

Oil prices fell as Russia's energy minister said two dozen producer nations could soon begin easing production limits.

'Fortnite': This is how a free video game might make $3.5 billion

"Fortnite" is a massively popular video game, generating hundreds of millions of dollars each month in revenue.

Why Scandinavia will blow a hole in your pocket

Whether it's the hotel or eating in a restaurant, you'll likely be paying some of the highest prices in the world.

Fiat Chrysler recalls 4.8 million vehicles, citing cruise control issues; shares fall

The company says drivers should not use cruise control until the vehicles have been inspected.
Harvey Weinstein arrested on rape, criminal sex act charges

Harvey Weinstein arrested on rape, criminal sex act charges

Harvey Weinstein was arrested Friday on rape, criminal sex act and other charges from encounters with two women.

US media websites down in Europe after a huge data law shakeup

Websites of the Los Angeles Times, Chicago Tribune and others owned by Tronc were among those blocked to EU visitors.
Turkey's leadership scrambles to regain investor confidence in its monetary policy

Turkey's leadership scrambles to regain investor confidence in its monetary policy

Investors remain in doubt over the independence of Turkey's central bank and its ability to curb double-digit inflation ahead of national elections in June.
UK home improvement chain Homebase sold for a nominal £1

UK home improvement chain Homebase sold for a nominal £1

Australian retail conglomerate Wesfarmers is selling U.K. home improvement chain Homebase for a nominal 1 pound ($1.34) just two years after buying it.
Italy's Enel accuses Spain's Iberdrola of 'aggressive' tactics in Brazilian power struggle

Italy's Enel accuses Spain's Iberdrola of 'aggressive' tactics in Brazilian power struggle

The CEO of Italy's largest utility firm says he's been left stunned by the tactics deployed by Spain's Iberdrola, amid a bitter feud over Brazil's largest power distributor.
Sanctioned tycoon Deripaska resigns as director of his firm Rusal

Sanctioned tycoon Deripaska resigns as director of his firm Rusal

Deripaska is seeking to persuade the U.S. to ease sanctions on his businesses in exchange for him scaling back his association with his companies.

Saudi Arabia and Russia reportedly discuss raising oil output

Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil output by around 1 million barrels per day (bpd).
The battle for the biggest prize in soccer, worth $370 million, is taking place this weekend

The battle for the biggest prize in soccer, worth $370 million, is taking place this weekend

The biggest cash prize the game has to offer will actually be given out at Wembley Stadium a few hours earlier — with a game potentially worth more than $370 million.
One of the biggest names in advertising thinks you're going to get paid for sharing your data

One of the biggest names in advertising thinks you're going to get paid for sharing your data

Maurice Levy, the former CEO and now chairman of Publicis Groupe, said that a third party would be used to collect revenues for willing participants.