The combined business would be owned 50/50 between shareholders of FCA and Groupe Renault.Autosread more
Pro-EU parties are set to hold onto two-thirds of the seats at the EU Parliament.Europe Politicsread more
The U.S. is showing signs of targeting China's domestic surveillance and the tech supporting it.Technologyread more
Smartphone users in Singapore, the U.K. and China told CNBC's "Beyond The Valley" that foldable smartphones are "very strange," "super bulky," and expensive compared to the...Technologyread more
The result comes shortly after Conservative Party leader Theresa May announced her resignation as prime minister on Friday morning.Europe Politicsread more
Investors are largely focused on results of the EU parliamentary elections. Euroskeptic parties in Britain and France made solid gains.Europe Marketsread more
Former Apple CEO John Sculley says this skill is vital to all great business leadership.Successread more
A Beijing decision to rapidly and sharply cut its excessive and unsustainable trade surplus with the U.S. would change for the better the bilateral relationship, writes...World Economyread more
Prime Minister Narendra Modi has to make sure that India becomes a highly competitive manufacturing hub where global investors will look to invest, the chairman of India...Asia Economyread more
U.S. President Donald Trump said Monday he expects to get the trade gap with Japan "straightened out rapidly," adding that announcements on that could come as soon as August.World Economyread more
Bitcoin surged more than 9% from the day before to hit its highest level in more than a year.Technologyread more
Technology stocks were hit hard on Monday, with some of the biggest U.S. companies leading losses across the sector.
Facebook's stock hit its lowest level since February 2017 on Monday. Facebook is on pace to finish its third straight month in the red, which would be its longest monthly losing streak ever.
The social media giant's shares fell more than 5 percent after The Wall Street Journal reported that CEO Mark Zuckerberg blamed second-in-command Sheryl Sandberg for the Cambridge Analytica scandal and its subsequent fallout. The WSJ's report adds more fuel to criticism of Facebook's handling of the scandal and whether the two top executives have been too slow to change its platform. The New York Times detailed last week how the company ignored and then tried to hide that Russia used the platform to disrupt the U.S. election in 2016.
Apple shares dropped 4 percent as the WSJ reported the Cupertino, California company has cut production for iPhones announced in 2018. Apple has slashed orders for the iPhone XR, XS and XS Max models, according to the report. The company's stock fell back into a bear market, down 20 percent from its 52-week high.
Nvidia shares fell 11 percent, continuing a slide begun on Thursday. The company reported third-quarter results which missed revenue and guidance expectations. Nvidia "stock will likely not bounce back right away, given the severity of the miss," Morgan Stanley said after the results. The chipmaker is also nursing a "crypto hangover," CEO Jensen Huang said after the report, as gaming card demand has fallen off after bitcoin and other cryptocurrencies' prices nosedived.
Bitcoin has suddenly come under pressure again, down 12 percent on Monday. The cryptocurrency has fallen more than 22 percent in the last seven days, after months of relatively calm trading. Bitcoin was worth nearly $20,000 near the end of last year before selling off, hitting a low of $4,891.24 on Monday.