Chinese officials will be in Washington on Wednesday to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
"The United States military, with our interagency team, is working with our partners to address this unprecedented attack and defend the international rules-based order that...Politicsread more
Crude oil's spike following attacks on Saudi Arabia's energy supply has experts weighing whether or not the gains will last.ETF Edgeread more
"In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973," Jim Cramer says.Mad Money with Jim Cramerread more
Traders in the fed funds futures market on Monday were pricing in a 34% chance that the Fed will stay put on rates.The Fedread more
The meeting comes amid months of stalled trade talks between Washington and New Delhi, resulting in both sides taking retaliatory measures.Asia Politicsread more
Here's a round-up of the most important deals in venture capital from the past week.
Apple acquired Vrvana, the makers of Totem, a "mixed reality headset," in a deal worth an estimated $30 million, TechCrunch first reported. Earlier this year, Apple launched its ARKit to let developers make augmented reality apps for iOS devices. Apple CEO Tim Cook said AR has "broad mainstream applicability across education, entertainment interactive gaming, enterprise, and categories we probably haven't even thought of." Prior to the acquisition, the Montreal start-up focused on workplace and industrial uses of VR and AR.
Niantic Labs, makers of the popular Pokemon Go mobile game, raised about $200 million in a new round of venture funding, according to an SEC filing. Niantic has a hotly anticipated Harry Potter game in the works, as CNBC previously reported. Investors in the round included Spark Capital and Founders Fund. Megan Quinn of Spark joined Niantic's board.
Deliveroo, a London-based food delivery start-up, raised another $98 million, bringing its total capital raised to $482 million. As The Belfast Telegraph reported, investors included T. Rowe Price and Fidelity. Some of the funding is earmarked to support "delivery only" kitchens.
Li Ka-shing's Horizons Ventures was among investors in a $65 million round for Divergent 3D, a company building experimental factories and aiming to make cars as efficiently as possible. Additional investors included O Luxe Holdings, Shanghai Investment Limited and Altran Technologies.
India's Portea raised $26 million for an app that lets users book a range of health-care services to be delivered at home, from lab tests to physical therapy. As TechCrunch's Catherine Shu has noted, in India the senior living industry has not yet taken off, so many families are using Portea to take care of aging family members.
Oviva raised $12 million to fight diabetes and obesity with an app. Currently used in the U.K., Switzerland and Germany, Oviva gives patients a way to message nutritionists directly, and to keep records of their own food consumption, weight and activity levels. The app then delivers them personalized recommendations. Investors included Albion Capital, Eight Roads Ventures, F-Prime Capital (a health-focused investment arm of Fidelity), Partech Ventures and Walking Ventures.
Nelumbo raised about $2 million for technology to make heating and cooling systems operate more efficiently. The Bay Area start-up's primary innovation is a coating that can make it hard for frost to form on HVAC systems. The company is part of Cyclotron Road, an incubator affiliated with the University of California at Berkeley and its various research labs.
Seedcamp, a firm that invests in European start-ups, closed its fourth seed fund at around $49 million (€41 million). Investors in the fund included corporate venture arms such as Unilever Ventures and venture capital firms like Index Ventures and Atomico.