"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Nineteen billionaires release a letter asking the 2020 presidential candidates to support a tax on America's richest families.Economyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
Shopify debuts a new network to help it compete with Amazon.Marketsread more
Home Depot CEO Craig Menear said the company aims to minimize any impact that potential tariffs will have on customers by cutting costs elsewhere in the supply chain. The...Retailread more
Shares of Bristol-Myers Squibb plunged Monday after announcing that the target closing date for the proposed acquisition of Celgene has been pushed back and that the deal will...Biotech and Pharmaceuticalsread more
These are the stocks posting the largest moves midday.Market Insiderread more
She takes the helm after Kevin Tsujihara was ousted in March after an investigation into sexual misconduct allegations.Entertainmentread more
The Trump administration had argued the president has wide-ranging authority over national security matters.Politicsread more
Gold surged to its highest level in nearly six years on Monday as the prospects of lower Federal Reserve rates and lingering geopolitical tensions between the U.S. and Iran...Marketsread more
Cashin believes the Fed could slash interest rates by an aggressive 0.5% at its next policymaking meeting at the end of July.The Fedread more
"U.S. internet companies are generally very, very dominant (in Europe). For the search market, Google has a very high market share in Europe; higher than what they have in the U.S., (so) I think European countries are frustrated that they don't have enough number of choices. That actually creates opportunities for companies like us, " Baidu CEO Robin Li told CNBC on the sidelines of the G20 summit in Hangzhou.
"In terms of technology, at least in the past, it's pretty much U.S. companies dominating everything. Now, Chinese internet companies are coming up and we will be able to provide viable alternatives, " he said.
He added Chinese companies are often innovative in solving problems that come up in China and can take that technology overseas.
Li's ambitions come as U.S. tech behemoths Alphabet's Google and Apple face challenges in Europe.
Google may face a raft of separate antitrust cases from the European Union after the search giant was accused of abusing its dominant position in areas from Android to advertising.
Meanwhile, the EU's ruling that Ireland must claw back billions in unpaid taxes from U.S. tech giant Apple has caused shockwaves in the business world with questions now being asked over the future of multinationals in Europe, international taxation rules and even the economic partnership between the U.S. and Europe.
Baidu operates a map service in Europe which is predominantly used by Chinese travelers.
Follow CNBC International on and Facebook.