Adidas quarterly sales beat expectations despite Yeezy crisis
Adidas said on Friday its first-quarter numbers came in better than expected, although sales dipped 1% from a year-ago…
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China's service sector remains a bright spot as factory data disappoints, Caixin reading shows
The reading suggests that services activity is still "undergoing a fast recovery," according to Wang Zhe, senior…
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HSBC shareholders to vote on whether to spin off Asia business at Friday's annual meeting
Taking center stage for investors will be two resolutions tabled by investor Ken Lui, which call for a spinoff of HSBC's…
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King Charles' scaled-back coronation set to cost the UK up to $125 million
The eyes of the world will be on the U.K. this weekend as King Charles III is crowned at Westminster Abbey in a…
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Consumers in China are dining at nicer restaurants — even if it costs $500 a person
"The pandemic ... affected consumers, and now they're more likely to want to treat themselves," said Tang Yan, a Black…
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New rules compel leading China financial data provider to limit offshore access, sources tell Reuters
Restricted access by offshore users comes as China sharpens its focus on data usage and security amid rising…
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Don't let bureaucracy and politics kill your business, says CEO of outsourcing firm
Creating a company culture free of bureaucracy and politics should be high on every CEO's list, says Sudhir Agarwal,…
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Intel vs. AMD? Analysts prefer one stock for its long-term push in A.I.
AMD and Intel compete fiercely in the chip sector, but does one have an edge? CNBC Pro takes a look at what Wall…
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