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CNBC: World News: news on page 2

SoftBank invests $200 million in Abu Dhabi fund for European start-ups

The fund will reportedly help Mubadala, Abu Dhabi's state investment firm, invest up to $30 million in European start-ups.

This year's Oscars swag bags include cannabis chocolates

Every year the top Oscar nominees receive swag bags that have included gifts from luxury holidays to sweat-absorbing patches. In 2019, they can calm their nerves ahead of the Academy Awards with a

A 'no-deal' Brexit could hit 100,000 German jobs, study claims

The manufacturing nation's employment would be the worst affected by a dip in British buying of foreign goods.

No recession but global growth will slow to a crawl this year, Janus Henderson says

The world economy is headed for a period of "dull, low" growth, according to fund manager Janus Henderson, but the risk of an outright recession remains small.

Self-folding drone could speed up search and rescue missions

A foldable drone has been developed by researchers at the University of Zurich to assist with search and rescue missions.

US hedge fund reportedly dumps its entire stake in Barclays

U.S. hedge fund Tiger Global Management has sold all of its stake in British bank Barclays, according to a report by the Financial Times.

Seven UK lawmakers resign from Labour party citing 'Brexit,' 'bullying' and 'anti-Semitism'

Labour's Brexit stance and its handling of anti-Semitism has resulted in seven lawmakers leaving the party.

UK government backs A.I. and data analytics projects with $16.8 million in funding

Business secretary Greg Clark said that AI and data were "transforming industries across the world."

Italy's far-right group set to be the second biggest political party in the EU

The center-right is set to remain the biggest group in the EU legislature after elections in May that should also show a surge in seats for the far-right, a survey showed on Monday.

It's looking like a US-China trade deal is near — and Beijing will get everything it wanted

The German trade surplus is stifling the economic growth in the rest of Europe, Michael Ivanovitch writes.

Facebook is a 'digital gangster' that urgently needs more regulation, UK lawmakers say

A new report published by U.K. lawmakers Monday after an 18-month investigation found Facebook "intentionally and knowingly" violated data privacy and anti-competition laws.

Brexit won't necessarily lead to an EU army

With the Brexit deadline fast approaching, there's a growing belief that the U.K.'s exit from the EU could galvanize calls for a European army.

'Fortnite' is not the only problem that major video game firms are facing, analysts say

Analysts who spoke to CNBC mostly said the issues faced by the gaming heavyweights go beyond competition from the hugely popular Fortnite.

Wirecard stock jumps 9 percent after Germany's Bafin bans short positions

Germany's financial watchdog Bafin has issued a ban against establishing or increasing short positions in Wirecard stock, citing market uncertainties.

Asia has 'mitigating factors' to counter a global growth slowdown, says bank CEO

Asia is still projected to grow at 5.5 percent to 6 percent this year despite the overall softer global environment, said Piyush Gupta, CEO of Singapore's DBS Group Holdings.

New Zealand to target online firms like Google, Facebook and Amazon with digital tax

New Zealand said on Monday that it plans to update its laws so it can tax revenue earned by multinational digital firms such as Google, Facebook and Amazon, extending a global effort to bring global

Gunbattle with militants kills 4 Indian soldiers and a civilian in Kashmir

Four Indian soldiers and a civilian were killed in a gunbattle in disputed Kashmir on Monday, a police official said, as India launched a hunt for suspected members of an Islamist militant group that

Alphabet and Salesforce back $75 million funding for UK online payments start-up GoCardless

The fresh capital will be used to help GoCardless expand its payments product to the U.S.

Here's why Apple is cutting iPhone prices in China

Apple's iPhone is highly expensive compared to comparable products sold in China.

China's car sales in January fell 16 percent, marking seven months of decline

China's automobile sales in January fell 15.8 percent from a year earlier, the country's top auto industry association said on Monday, marking the seventh straight month of declining sales in the