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CNBC: World News: news on page 9

Check out BMW's first electric race car at the Shanghai Auto Show — hot off the tracks

Amid the Shanghai Auto Show's BMW exhibition area, the company's first electric race car is resting, hot off the tracks.

Europe's banks are set for a difficult earnings season: Here's what you need to know

Big European banks are set to report their first-quarter earnings and some investors fear that poor report cards could lead to further volatility.

Toyota shows off electric vehicle concept car that only has one front seat

The Rhombus is a concept car for a battery-powered electric vehicle targeted at consumers born after 1990.

Schneider Electric's first quarter results beat consensus

Schneider Electric reported on Thursday its first quarter results with revenue growth of 9 percent at 6.31 billion euros, above consensus of 6.13 billion euros.

Nestle keeps upbeat tone as first-quarter growth accelerates

Food group Nestle confirmed it expected organic sales growth to exceed 3% this year after good momentum in the United States and China helped it post better-than-expected sales growth in the first

Jokowi is set to win another term as Indonesia's president — experts doubt he'll deliver reforms

"Quick counts" tallied by private pollsters based on samples of actual votes showed that Indonesia's incumbent President Joko Widodo is set to beat former army general Prabowo Subianto.

A viral outbreak in China might make dinner more expensive for everybody

Pork prices in China may soar more than 70% by next year as hog populations plunge. And high prices won't stay limited to China.

Quake of magnitude 6.1 hits Taiwan coastal city, says weather bureau

An earthquake of magnitude 6.1 struck Taiwan's coastal city of Hualien on Thursday, the weather bureau said, but there were no immediate reports of damage or casualties.

China's Luckin Coffee raises $150 million in funding from BlackRock and other investors

China's Luckin Coffee, a self-declared challenger to Starbucks, has raised $150 million in its latest round of funding from investors including BlackRock, which values the company at $2.9 billion.

China's sliding auto sales may be obscuring a change in buyers' tastes

China's auto industry has hit a soft patch, but there may be a bright spot.

Facebook says it 'unintentionally uploaded' 1.5 million users' email contacts without permission

Users affected by the incident weren't just limited to the U.S., according to a source familiar with the matter.

Man with gas cans at New York's St. Patrick's Cathedral taken into custody by NYPD

The man was described by law enforcement sources as emotionally disturbed, NBC reported.

Asia Pacific shares slip; Aussie dollar spikes after jobs data

Major Asia Pacific markets closed lower on Thursday, with Indonesia's benchmark index bucking the overall trend as stocks jumped on election hopes. Meanwhile, investors looked to signs of progress in

North Korea says it tested a 'powerful warhead'

The latest revelation comes less than two months after the collapse of nuclear talks between Trump and Kim in Vietnam.

Restoration of the Notre Dame Cathedral could take years and cost upward of $1 billion, experts say

Pledges toward the restoration efforts have already surpassed 700 million euros, or $790 million.

Amazon plans to close its marketplace for Chinese consumers

Amazon expects to close fulfillment centers and wind down support for domestic-selling merchants in China in the next 90 days, a source said.

China eyeing Trump's late May Japan trip for potential Xi summit

Chinese officials are reportedly identifying travel dates on the U.S. president's calendar that might offer potential for a Trump-Xi trade summit.

Samsung's $2,000 folding phone is breaking for some users after two days

Samsung's new Galaxy Fold appears to have severe reliability issues.

Peru's ex-president Garcia dies after shooting himself to avoid arrest

Peru's former president Alan Garcia died in a hospital in Lima on Wednesday, hours after shooting himself in the head to avoid arrest in connection with a bribery probe, authorities said on Wednesday.