President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Gas prices could rise by about 20 cents per gallon "starting tomorrow," oil analyst Andy Lipow says Monday.Oil and Gasread more
Europe's largest maker of semiconductors, STMicroelectronics, said it will look to emerging markets for growth after posting a $142 million third-quarter net loss.
Shares in the French-Italian company sank 6.5 percent in morning trade but CEO Carlo Bozotti told CNBC Wednesday that manufacturing in China is increasing and the firm is perfectly positioned to take advantage of that growth.
(Read More: STMicro struggles with softening smartphone market)
"We are there. I believe we will be even more present," Bozotti said. "We are encouraged by the progress and we will have more products in the future."
Bozotti was defensive over its exposure to the smartphone market and Blackberry, declaring that it was the number one motion sensor maker in China in the automotive sector. It added that since it dissolved the partnership with Ericsson back in August, the company's exposure to Blackberry, which has suffered from dwindling sales, has been limited.
Bozotti was unable to confirm whether the chipmaker was part of the new Apple iPhone range, with rumors that the Cupertino-based company opted for a Bosch Sensortech sensor instead.
"We didn't lose anything," Bozotti said. "We are in all the major phones from the major customers in the world."
(Read More: Rising smartphonestars look to outshine Apple)
The company's third quarter net loss of $142 million was mainly due to a charge of $120 million, mostly non-cash, in connection with its annual third-quarter impairment review, it said, adding that it had delayed its profit margin target.
"Growth was milder than expected due to a muted order pattern during the quarter driven by softness in high-end smartphones in Asia and the mass market in Asia, including the cable set-top box market in certain countries," Bozotti said in a press release which accompanied the earnings announcement. Shares which were lower on Wednesday have rallied 6.7 percent since the start of 2013.
— CNBC.com's Matt Clinch. Follow him on Twitter