The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
The Duchess of Cambridge's brother, James Middleton, has had a tasty business idea that he hopes will get him the royal treatment: turning Instagram snaps into marshmallows.
Middleton – the only brother of Kate Middleton, wife of Prince William, the Duke of Cambridge – owns 45 percent of Boomf, which prints photos onto marshmallows. Customers can pick snaps from Instagram, Facebook or their desktop.
"It's a collaboration of technology and food… We wanted to experiment with how we could combine the two," Middleton told CNBC on Thursday. "We're taking confectionary into the modern era."
Boomf (apparently the onomatopoeic word for the sound of marshmallows landing on a doormat) ships worldwide, with a box of 9 marshmallows costing £15 ($26).
Andy Bell, the company's CEO, said Boomf's launch in 2013 had been "in excess of our wildest expectations", with interest from both individual consumers and large corporations.
"Time and time again, it's hilarious to be sent pictures on your friends on marshmallows… that reaction is what works really well for us," he said. "And secondly, the other thing that's surprised us is great take-up in business settings; people using them for PR events, sending invitations or to serve at launches."
In terms of profitability, Bell said the plan was to invest in future growth at the moment, with the aim of making a profit within two years. Boomf has plans to expand later this year into the U.S., and is not limiting itself to marshmallows.
"There are more products coming out later on this year," Middleton said. "We're looking at anything from biscuits to fairy cakes, to macaroons and chocolate. But I think marshmallows are, I think, the most fun."
Boomf is not Middleton's first foray into the world of sweet treats. He is also behind U.K.-based companies Cake Kit and Nice Cakes, although he conceded that progress at these businesses was "going slower".
He was keen to stress, however, that his royal connection was not giving Boomf a boost.
"I'm my own person, irrespective of who my family are. And I want to know I can achieve stuff without additional attention that I may get," he added.
—By CNBC's Katrina Bishop