POWER POINT What I’m hearing from energy insiders It was one of the most eye-opening and fascinating business trips in my 30-year career: the opportunity to travel to Venezuela to witness firsthand the signing of oil deals between the government in Caracas and Venezuelan and Western oil companies. CNBC was one of just a handful…
People shop at a Manhattan grocery store on August 13, 2026, in New York City. Spencer Platt | Getty Images The largest ever outbreak of cyclosporiasis in the U.S. has ended, the Centers for Disease Control and Prevention said Friday. The foodborne illness sickened 12,833 people in 21 states in recent months in the largest…
Energy prices will dictate whether the European Central Bank needs to hike interest rates into restrictive territory, Germany’s central bank chief told CNBC on Friday. “It’s very much dependent on how the energy prices evolve, how the price picture is evolving over the course of maybe the next month,” Joachim Nagel told CNBC’s Annette Weisbach…
U.S. diesel prices hit $6 per gallon on Friday for the first time ever, as fuel supply disruptions triggered by the Ukraine and Iran wars raises transportation costs across the entire economy. Truckers and farmers are paying about 63% more to fill up their semis and tractors than they did at this time last year,…
China’s years of stockpiling of crude and subsequent pullback on oil purchases since the Middle East war erupted in late February helped the world avoid a far deeper energy crisis. But that buffer may face a test as Beijing shows signs of resuming purchases, according to economists. “China kind of saved the day,” and helped…
Hello, this is Priyanka Salve, writing to you from Mumbai. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. India shares a complex relationship with its neighbor China. While New Delhi heavily relies on imports from Beijing, it also seeks to position itself…
XPeng’s humanoid robot IRON is on display during the 2026 Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show on May 31, 2026 in Shenzhen, Guangdong province of China. Vcg | Visual China Group | Getty Images Chinese companies rushed into electric cars a decade ago, and now they are expanding into humanoid robots as the…
The Trump administration has been trying to build up the U.S. battery supply chain and reduce its reliance on China. But the funding it has set aside for the effort is small compared with what would be needed to substantially loosen China’s grip on the industry, according to analysts and executives who spoke with CNBC. …
SHENZHEN, CHINA – MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing MSC (Mediterranean Shipping Company), Maersk, and Hamburg Süd branding at Yantian Port on May 1, 2026, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images China’s trade gained pace in August, though…
This image provided by NASA-TV shows the SpaceX Dragon commercial cargo craft taken from Canadarm2’s video camera as Dragon approaches the International Space Station, Friday, May 25, 2012. In foreground is a portion of Canadarm2. Expedition 31 Flight Engineers Don Pettit and Andre Kuipers will use the Canadarm2 robotic arm to grapple the supply ship…
