World Trade Organization to open biennial meeting in the United Arab Emirates as challenges loom

ABU DHABI, United Arab Emirates — The World Trade Organization will open its biennial meeting Monday in the United Arab Emirates as the bloc faces pressure from the United States and other nations ahead of a year of consequential elections around the globe. The WTO’s 164 member nations will discuss a deal to ban subsidies … Read more

Prime Video’s ‘Poacher’ takes a deep dive into the ivory trade in India

Prime Video’s Poacher opens with a somber, CGI view of an elephant: the endangered animal that is the beating heart of the TV series, which delves into the largest unearthed case of illegal elephant poaching within India. The fictionalized crime show, which premiered at Sundance Film Festival last year and has now hit streaming, is … Read more

Nvidia shares pop 12% in premarket trade after AI-fueled bumper earnings

Jensen Huang, president of Nvidia, holding the Grace hopper superchip CPU used for generative AI at the Supermicro keynote presentation during Computex 2023. Walid Berrazeg | Lightrocket | Getty Images Nvidia shares jumped more than 12% in premarket trade on Thursday after the chip giant posted bumper earnings that beat Wall Street estimates. The U.S. … Read more

Singapore-based fintech Xalts acquires digital trade platform Contour Network

In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. Terms of the deal were undisclosed, but the acquisition price was in the high single millions and composed of cash and stock. … Read more

U.S. considering sanctioning Chinese firms aiding Russia’s war

Russia’s President Vladimir Putin and Chinese President Xi Jinping shake hands during a meeting in Beijing on October 18, 2023. Sergei Guneyev | Afp | Getty Images Munich, GERMANY — The U.S. is considering slapping sanctions on Chinese companies it believes are helping Russia fuel its war in Ukraine, members of Congress told CNBC, marking … Read more

Trade leaders urge governments around world to join Red Sea defense

A ship transits the Suez Canal towards the Red Sea on January 10, 2024 in Ismailia, Egypt. Sayed Hassan | Getty Images Trade associations representing sectors across the global economy have joined an open letter urging more governments around the world to join Red Sea maritime security efforts. The letter, obtained exclusively by CNBC, was … Read more

NBA trade deadline live tracker: Latest rumors, news, updates for Lakers, Warriors & more at 2024 deadline

It’s NBA trade deadline week and the rumors are heating up. Unlike last season, when the Mavericks acquired Kyrie Irving and the Suns landed Kevin Durant, no superstars are likely to move at this year’s deadline. Still, there should be some key contributors and difference-makers available. Hawks star Dejounte Murray and Bulls star DeMar DeRozan … Read more

“Bron to Knicks confirmed” – LeBron James’ latest IG story refuels Lakers’ superstar trade rumors among NBA fans

LeBron James and the LA Lakers had a good Saturday visiting Madison Square Garden as the Purple and Gold won 113-105. Despite playing for the opposing team, it appears that James was thrilled to play in the Big Apple again, calling MSG his “favorite playground” on his Instagram story. LeBron’s Instagram Story NBA fans on … Read more

Kia Nurse trade details: How Sparks-Storm deal shakes up the 2024 WNBA Draft

The Seattle Storm and Los Angeles Sparks have kicked the 2024 WNBA offseason into another gear. On Jan. 31, the teams announced a trade that sends Kia Nurse and the No. 4 overall pick in the 2024 WNBA Draft to Los Angeles while the Sparks’ 2026 first-round pick is being sent to Seattle. The trade … Read more

Russia, Ukraine trade POWs with no word of passengers on downed plane

Russia and Ukraine exchanged hundreds of prisoners Wednesday, exactly a week after Russia accused Ukraine of shooting down a military plane that Moscow claimed was carrying dozens of Ukrainian POWs being transported to a swap later that day. Ukraine has not denied shooting down the aircraft, an Ilyushin Il-76, but says that Russia has provided … Read more