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
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
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
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread 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
Stocks in Asia rose in Wednesday morning trade following positive developments overnight on the U.S.-China trade front, while the offshore yuan jumped.Asia Marketsread more
U.S. President Donald Trump officially kicked off his reelection campaign Tuesday at a Florida rally where he exhorted thousands of rollicking supporters to keep advancing his...Politicsread more
Tesla loses vice president of HR and head of diversity, Felicia Mayo, one of a few black woman executives to break Silicon Valley's glass ceiling.Technologyread more
Union Pacific CEO Lance Fritz tells Jim Cramer that he is optimistic about trade relations with China, Mexico, Japan, and the EU.Mad Money with Jim Cramerread more
The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
RWE hopes it can overcome a crisis at its British unit by 2018, after the business swung to an operating loss in the past financial year, its chief executive said.
"What happened there (in Britain) was a disaster," Peter Terium said in a speech, pointing to a rapid loss of customers and billing issues that drove Npower into the red.
"We hope to be out of the valley of tears in the U.K. by 2018."
RWE also confirmed that 2,400 jobs would be cut from Npower, but Bernhard Günther, RWE's CFO, said a sale was not on the table.
"We are confident that the job cuts will take us where we want to be, back to normal profits in 2018 again," Günther told CNBC.
"We had to hire additional people in order to fix up our invoicing and billing problems and as we get our systems and processes back under control, we no longer need these additional head count."
Günther also talked about the difficulties of doing business in the U.K. market.
"All of the big players in the U.K. retail market are suffering from severe competition from new entrants who benefit from the constantly falling power prices," he said.
--Reuters contributed to this report