Data now supports changing the phrase to just “as American as Apple.” You can hold the pie. The CNBC All-America Economic Survey finds that 64 percent of Americans now own an Apple product, up from 50 percent when the question was last asked five years ago. The average American household reports owning 2.6 Apple products, […]
Read moreNvidia unveiled on Tuesday what it says is the world’s first artificial intelligence computer system designed to drive fully autonomous robotaxis, and said it plans to make a fleet of autonomous trucks. The company claims the new system, codenamed Pegasus, will handle Level 5 driverless vehicles — vehicles that can be operated entirely by sensors […]
Read moreNorth Korea’s leadership has told Russian lawmakers that it possesses a ballistic missile with a range of 3,000 kilometers (1864.11 miles) that will be able to reach U.S. territory after modernization, the Interfax news agency reported on Tuesday. Interfax cited Anton Morozov, a lawmaker and member of the lower house of parliament’s international affairs committee, […]
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'Please don't do this': Catalans against independence make last-minute plea
The clock is ticking down towards a meeting of the Catalan parliament Tuesday afternoon at which region leader Carles Puigdemont is widely expected to make some kind of declaration of independence. Most political analysts believe that Puigdemont — who has been threatened with arrest if he does makes a unilateral declaration of independence in parliament […]
Read moreGerman meal kit delivery group HelloFresh, a competitor to U.S. firm Blue Apron, announced plans to list on Tuesday in a flotation that could value the company launched by Rocket Internet at up to 1.5 billion euros ($1.8 billion). HelloFresh’s biggest market is the United States where it has been spending heavily on discount offers […]
Read moreBitcoin suffered a brief slump in value on Tuesday morning following news that the Russian central bank is planning to ban websites that sell the cryptocurrency. The digital currency had hit a high of $4,867 early on Monday, according to industry website CoinDesk, its highest since September 2. But it dropped to a low of […]
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Luxembourg could appeal against the EC’s $294 million Amazon tax bill, says finance minister
Luxembourg is assessing whether to appeal against the European Commission’s order to reclaim nearly $300 million in unpaid taxes from Amazon, the country’s finance minister has told CNBC. “We do not seem to agree, we considered that there was no state aid on our side, there was no selective advantage that was given to the […]
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Euro finance chiefs weigh in on Schaeuble’s gloomy warning of a global crisis
Finance experts from the euro zone have weighed in on comments made by Wolfgang Schaeuble, after the German finance minister warned that debt and liquidity problems could spark the next global crisis. Euro zone officials told CNBC that they are aware there could feasibly be another financial crisis around the corner, and believe that debt […]
Read moreThailand will hold a general election in November 2018, Prime Minister Prayuth Chan-ocha said on Tuesday, the most precise date he has given yet for the vote since taking power in a 2014 military coup. Prayuth, head of the ruling junta or National Council for Peace and Order, said the exact election date would be […]
Read moreFacebook Chief Executive Mark Zuckerberg was called a “heartless billionaire” and accused of “exploiting disaster” by online users after live-streaming a virtual reality (VR) cartoon avatar of himself in hurricane-hit Puerto Rico. Last month, Puerto Rico was badly hit by Hurricane Maria. Electricity is not up and running yet and millions of citizens are struggling […]
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