Consumers in China are taking to social media to express their support for Huawei as the U.S. government looks to ramp up pressure on the Chinese smartphone maker.Technologyread more
U.S. President Donald Trump's latest tariff increase — and Beijing's plans to counter them — are hitting U.S. companies in China, according to a joint survey this month by...China Economyread more
"We are also constantly watching whether the trade war will turn into a tech war," Ma said Tuesday, according to a CNBC translation of his Chinese remarks published by a locak...China Economyread more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
Kohl's, J.C. Penney and Nordstrom release disappointing earnings news, putting a damper on their sector.Retailread more
Bezos's comments give a rare glimpse into his interest in the auto industry. Amazon recently invested in two self-driving start-ups.Technologyread more
While investing often seems like a contrarian game where going against the flow feels like the better bet, the reality is that investors who bought the most-favored stocks...Hedge Fundsread more
The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates.The Fedread more
U.S. Trade Representative Robert Lighthizer will meet with officials from the European Union and Japan at the ministerial meeting of the Organization for Economic Co-operation...World Economyread more
Talks between the world's two largest economies have stalled after each nation lobbied higher tariffs on the other's imports.Traderead more
"Pretty much the entire suite of apps that 'talk' over the internet could be vulnerable," said Tom Uren, a senior analyst at the Australian Strategic Policy Institute's...Cybersecurityread more
The decision to pick Qatar to host soccer's World Cup in 2022 has always been controversial, but after the arrest of several officials of football's governing body on corruption charges, that win is looking uncertain.
Whether Qatar loses the bid will likely depend on just who at the Federation Internationale de Football Association (FIFA) were swept up in the investigation, James Dorsey, senior fellow at S. Rajaratnam School of International Studies, told CNBC.
The U.S. FBI has been investigating the organization for years and at least six top current or former officials were arrested in Zurich Wednesday, with plans to extradite them back across the pond. FIFA President Sepp Blatter, who faces a vote to re-elect him to the top job this week, wasn't among the 14 named in the indictment.
Whether Blatter is now able to survive that vote is key to whether Qatar and Russia keep their hosting rights, said Dorsey, who focuses on Middle East issues.
"[Blatter] has promised that no matter what, that Qatar [award] will not be withdrawn," Dorsey said. "Any revisiting of the (Qatari) bid would have to be driven by the legal implications with what's going on in the U.S."
Since being announced in 2010, Qatar's successful bid to host the 2022 World Cup has met a storm of criticism. In addition to an investigation into allegations of corruption surrounding the award, the country's pounding heat made it an unlikely choice for an outdoor sporting event. The country also faced international criticism over its labor rights record for its treatment of migrant laborers.
As many as 1,200 migrant workers may have died in Qatar since it was awarded the cup and another 4,000 are likely to die before the event starts, the International Trade Union Confederation (ITUC) said in a report early in 2014.
"Everyone wheels and deals and buys [in the bidding process]," Dorsey added. "If you single out Qatar -- and Qatar is an easy target because it handled its PR abhorrently -- you're also scapegoating them unless you revamp the whole system."
Questions have also swirled around Russia's selection to host the 2018 World Cup.
The arrests Wednesday involve corruption allegations not just over the World Cup hosting rights but also broadcasting rights. Allegations that some members of the executive committee sought bribes in exchange for votes on hosting rights emerged after an investigation by The Sunday Times caught two members on tape.
In a statement, released on Wednesday morning, the Swiss Attorney General (OAG) announced that it was opening criminal proceedings against unspecified people on suspicion of "criminal mismanagement and money laundering" in connection with the host allocation of the 2018 and 2022 football World Cups.
"The OAG and the Swiss Federal Criminal Police will be questioning 10 persons who took part in voting on the allocation of the 2018 and 2022 World Cups as members of the Executive Committee in 2010," it said.
It added that it had seized electronic data and documents at FIFA's head office in Zurich.
FIFA Spokesperson Walter de Gregorio said on Wednesday that both the Russian and Qatari World Cups were still scheduled to go ahead, despite the investigation and there were no plans for a re-vote.
—By CNBC.Com's Leslie Shaffer; Follow her on Twitter