Binance founder Changpeng “CZ” Zhao said his business relationship with President Donald Trump‘s family has been “misconstrued” in the wake of his pardon. “There’s no business relationships whatsoever,” Zhao told CNBC’s Andrew Ross Sorkin on Thursday in an interview at the World Economic Forum in Davos, Switzerland. The former Binance CEO served four months in…
A former official of U.S. President Donald Trump’s first administration is planning a multi-billion-dollar data center project in a remote corner of Greenland, as hyperscalers scramble to build out capacity across the globe to keep up with the AI rollout. The data center is aiming to be operational at 300 megawatts (MW) by mid-2027, before…
By some measures, Generation Z is the hardest hit by the affordability crisis. Even though young adults are more likely to have a college degree and work full time compared with their parents at this age, that combo also comes larger student loan balances, which have proved to be a significant obstacle for those starting out. At…
A flag with the CSG NV logo during the listing of their company at Euronext Amsterdam in Amsterdam, Netherlands, on Friday, Jan. 23, 2026. Bloomberg | Bloomberg | Getty Images Shares of Czech-based defense firm Czechoslovak Group (CSG) soared over 30% on its stock market debut on Friday, underscoring sustained investor interest in defense companies…
Wepro | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight…
US President Donald Trump gestures as he delivers a special address during the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. The World Economic Forum takes place in Davos from January 19 to January 23, 2026. Mandel Ngan | Afp | Getty Images U.S. President Donald Trump backed away from tariffs…
Airplanes on the tarmac during a snow storm at Ronald Reagan Washington National Airport in Arlington, Virginia, US, on Monday, Jan. 6, 2025. Ting Shen | Bloomberg | Getty Images Airlines canceled more than 1,300 flights scheduled for Friday as a massive winter storm sweeps across the U.S. with heavy snow and sleet in the…
Indian billionaire Gautam Adani attends the 51st Gems and Jewellery Awards in Jaipur, India, November 30, 2024. Stringer | Reuters Shares of Adani Group companies fell between 5 to 12% on Friday after reports that the U.S. Securities and Exchange Commission is seeking to send summons to founder Gautam Adani and nephew Sagar Adani on…
Passengers are seen amid heavy crowds and chaotic scenes at Indira Gandhi International Airport after stringent new crew-rostering rules triggered widespread delays and cancellations in New Delhi, India, on Dec. 5, 2025. Amarjeet Kumar Singh | Anadolu | Getty Images India’s largest airline, Indigo, that cancelled more than 2,500 flights within days last month causing…
LONDON — European markets are expected to open slightly lower on Friday as investors digest events at Davos, including Ukrainian President Volodymyr Zelenskyy’s excoriating speech about the continent. The U.K.’s FTSE 100 and Germany’s DAX are expected to open flat, while France’s CAC 40 index was last seen 0.15% lower, according to data from IG…
