Google's services have been blocked in China for several years, but the company still has businesses there, as the tech giant seeks to sell products to Chinese firms in...Technologyread more
Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt.Technologyread more
The House voted to table a resolution to start impeachment proceedings against President Donald Trump introduced by Rep. Al Green.Politicsread more
A photo editing app has introduced a few new wrinkles to the faces of celebrities — and to the ongoing discussion around personal digital security, NBC reports.Technologyread more
Stocks in Asia traded lower on Thursday morning. Australia's jobs data showed the net number of jobs created was far below expectations.Asia Marketsread more
Property price gains across the wider U.K. have been slowing since 2016, according to the U.K.'s Office for National Statistics.Real Estateread more
The International Monetary Fund on Wednesday said that the U.S. dollar was overvalued by 6% to 12%, based on near-term economic fundamentals, while the euro, Japan's yen and...World Economyread more
The company blamed its Q2 content slate and price increases for the subscriber miss.Technologyread more
IBM's year-over-year revenue has now declined for four quarters in a row. Impact from Red Hat is not yet factored into the company's guidance.Technologyread more
See which stocks are posting big moves after the bell on July 17.Market Insiderread more
"It's clearly doing more harm than good," the "Mad Money" host says. Instead Facebook should buy Square for $70 billion and expand the payments network worldwide.Mad Money with Jim Cramerread more
Speaking at a news conference, Qatar's Energy Minister Saad al-Kaabi said the country would withdraw from OPEC on January 1, 2019, ending a membership which has stood for more than half-a-century.
The decision comes after Qatar reviewed ways in which it could improve its global standing and plan its long-term strategy.
While Qatar is one of OPEC's smallest oil producers, especially when compared to the likes of de facto leader Saudi Arabia, it is one of the world's largest producers of liquefied natural gas (LNG).
The country's energy minister said Monday that the move represents a "technical and strategic" change, Reuters reported, and was not politically motivated.
Qatar's Al-Kaabi also said the decision was not linked to the 18-month political and economic boycott of Doha.
Since June 2017, OPEC kingpin Saudi Arabia — along with three other Arab states — has cut trade and transport ties with Qatar, accusing the country of supporting terrorism and their regional rival, Iran. Qatar denies the claims, saying the boycott hampers its national sovereignty.
The Middle East-dominated group's final meeting of the calendar year is now expected to be Qatar's last. It has been an official OPEC member since 1961.
"The decision by Qatar to withdraw from OPEC does come as a surprise, but is unlikely to have a significant impact on the oil market," Peter Kiernan, lead energy analyst at the Economist Intelligence Unit, told CNBC via email Monday.
"The Gulf state is one of the smaller producers in the group, with crude oil output of around 600,000 barrels per day, much smaller than its neighbors in the region."
OPEC and non-OPEC members are due to meet in Vienna, Austria on Thursday, with the aim of reaching an accord over possible output cuts.
Oil prices have fallen more than 25 percent since climbing to a four-year peak in early October, amid intensifying concerns of oversupply and worries over slowing economic growth.
However, growing expectations of a fresh round of production cuts later this week and a temporary trade truce between the U.S. and China helped crude futures pare some of their recent losses on Monday.
International benchmark Brent crude was trading at $62.25 a barrel at around 6:40 a.m. London time, up around 4.7 percent, while West Texas Intermediate (WTI) stood at $53.53, more than 5 percent higher.