Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China.CNBC | Evelyn ChengHEFEI, China — There’s yet another Chinese electric car aiming to undercut Tesla, with a steeper discount.Onvo, the lower-priced...
Check out the companies making headlines before the bell: Darden Restaurants — Shares advanced nearly 11% after the restaurant operator announced a multiyear partnership with Uber for on-demand delivery later this year. The company reported weaker-than-expected...
The Commerzbank building (second from right) in Frankfurt am Main, western Germany, on Sept. 25, 2023.Kirill Kudryavtsev | Afp | Getty ImagesUniCredit’s move to take a stake in German lender Commerzbank is raising questions on whether a long awaited cross-border...
Cryptocurrency exchange Binance has seen a 40% increase this year in institutional and corporate investors joining the platform, CEO Richard Teng told CNBC’s Lin Lin in an interview Wednesday.”Allocation into crypto by institutions is just at the tip of...
Ray Dalio said the 2024 U.S. elections will likely be the most important of his lifetime and he thinks the country needs a “strong leader of the middle.”Speaking to CNBC’s “Squawk Box Asia” on Thursday, the founder of Bridgewater...
