Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
The U.S. and China have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018.Traderead more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread 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 on Wednesday following positive developments overnight on the U.S.-China trade front.Asia Marketsread more
The U.S. Department of Defense has hit back at Russian officials who have criticized a U.S. plan to deploy more troops to the Middle East.World Politicsread 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
The European Central Bank's (ECB) vice president said another large bond-buying program could be an option if inflation in the region doesn't reach its intended target.Europe Newsread more
Bloomberg, citing sources, said on Thursday that Temasek is considering taking part in a new funding round of more than $500 million that could value the start-up close to $6 billion. A source familiar with the company's business confirmed to CNBC that the round is in the works but not closed.
Magic Leap, a virtual and augmented reality start-up, has raised more than $1.3 billion according to the report. It is backed by prominent investors including Jack Ma's Alibaba Group, Alphabet's subsidiary Google and Qualcomm. Both Temasek and Magic Leap declined to comment to Bloomberg.
The start-up is trying to build a mixed reality platform where virtual images are embedded into normal human vision when seen through a headset. It is similar to the Microsoft HoloLens, and will begin shipping to select testers within 6 months at a price between $1,500 and $2,000, though that could change, Bloomberg reports.
Earlier in February, Business Insider published what it claimed was a photo of a working prototype of Magic Leap's portable augmented reality device. But the start-up's president, CEO and founder, Rony Abovitz, said the photo showed a Magic Leap research and development test rig used to collect room and space data for machine learning work.
WATCH: Inside 'Magic Leap's augmented reality