Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
China is reducing support for its electric carmakers a move experts and industry insiders warn could lead to consolidation and waning investor appetite. But some of the...Technologyread more
Is your CEO on the list? Glassdoor has the results.Power Playersread more
Joseph Gaspar, the chief financial officer at Elbit Systems, said M&A among firms in the sector began to pick up pace in the 1980s and looks set to continue.Paris Air Showread more
Stocks in Asia rose in Wednesday afternoon trade following positive developments overnight on the U.S.-China trade front.Asia Marketsread more
Signs of companies moving out of Hong Kong have emerged, members of the business community told CNBC following massive protests in the city. But one analyst said Hong Kong's...China Politicsread more
Sen. Josh Hawley, a well-known tech critic, introduced legislation on Wednesday that would remove the immunity big technology companies receive for user-posted content under...Technologyread more
In its new "Future Skills" report, LinkedIn has identified what it calls the 10 "rising skills" of the future and the jobs associated with them.Get Aheadread more
Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020.Technologyread more
Has your CEO won over enough workers in Germany to make the cut? Glassdoor reveals.Power Playersread more
Russian President Vladimir Putin's annexation of Crimea from Ukraine and other disruptive moves there are aimed at reviving his popularity at home and keeping his grip on power in Moscow, said American-born hedge fund boss and human rights activist William Browder—in reaction to a wide-ranging CNBC-led Q&A with Putin on Friday.
"In terms of the Russian population, the support is real. He's stirred up a nationalist frenzy by taking Crimea and ... by going into Ukraine. He's done it on purpose," Browder said in a "Squawk Box " interview. "He did it by creating a foreign enemy, which is the West."
On stage at the St. Petersburg International Economic Forum, Putin told CNBC that sanctions imposed by the U.S. and Europe are "illegal." He also said he'd respect the outcome of this weekend's Ukrainian elections.
"You can't believe a word he says," said Browder, co-founder and CEO of London-based Hermitage Capital—once a huge investor in Russia. "He has a very long history of saying one thing and doing exactly another. I won't invest too much money on the back of Putin's statements today. "
The Russian leader seemed defensive in the CNBC interview, said Browder, who was expelled from the country in 2005. "This is the first, sort of, unscripted public appearance since this thing started. It was quite interesting to watch."
Putin's remarks come as Russia's economy struggles.
"These sanctions are just starting to bite. And I think they'll bite further," said Browder, who predicted that Putin will have to double-down and "become more nationalistic and more aggressive."
Putin's pivot toward China is a "pipe dream," Browder said. "I think you're going to contine to see the [Russian] economy decline."
Browder has a history of agitating Russia. In 2008, Russian lawyer and whistleblower Sergei Magnitsky—while working for Hermitage Capital—alleged that organized criminals colluded with a Russian government official to claim a fraudulent $230 million tax rebate.
Magnitsky himself was then arrested on tax-evasion charges. He died in prison of untreated pancreatitis in 2009—sparking claims that he was beaten and denied medical treatment.
In response, Browder led an international campaign to impose sanctions.
On Tuesday, the Treasury Department under the 2012 U.S. law named after Magnitsky, which called for financial penalties against those involved in the criminal conspiracy or those who benefited from the lawyer's detention, abuse or death.
—By CNBC's Matthew J. Belvedere. The Associated Press contributed to this report.