World economy

The persistent spread of Covid and resulting stay-home orders — primarily in Shanghai — forced factories to close or operate at limited capacity in April. Pictured here on May 12 is a refrigerator factory in Hefei, China, about a five…

The amount spent on financing education doesn't match the view that education is important, said Priyadarshani Joshi, a research officer on UNESCO's Global Education Monitoring Report team.Nobody would argue that education isn't…

Truck drivers, such as the one pictured here in Shanghai in late April, typically need to show valid negative virus tests in order to move goods between cities in China. The American Chamber of Commerce in China said members have…

Saudi Arabia's King Salman bin Abdulaziz Al Saud.Bandar Algaloud | Courtesy of Saudi Royal Court | ReutersSaudi Arabia's King Salman bin Abdulaziz was admitted to hospital on Saturday in the Red Sea city of Jeddah to undergo medical…

In 2014, I had a life-changing wake-up call: I survived an opioid overdose that put me in the intensive care unit.Hitting rock bottom made me realize how lucky I am to be alive. I spent some time in my hometown, Memphis, to focus on my…

LONDON — European markets are set to climb on Thursday, tracking global sentiment after the U.S. Federal Reserve doused speculation about more aggressive monetary tightening.Britain's FTSE 100 is set to gain around 87 points to 7,580,…

Russian is one of five nations that hold a veto power on the U.N's Security Council.Carlo Allegri | ReutersThe United Nations deputy secretary-general has told CNBC there will be "lessons learned" from the war in Ukraine.Speaking…

Chinese tech companies Baidu's Apollo Go and Pony.ai announced Thursday they received permission from Beijing city authorities to remove the safety driver for part of their robotaxi business in a suburban part of the city.Vcg | Visual…

Prolonged lockdowns in Shanghai have snarled supply chains and prompted banks to cut China GDP forecasts. Here, a truck leaves a port on April 13, 2022, with healthcare supplies for Shanghai.Tang Ke | Visual China Group | Getty…

While mainland Chinese stock fund held onto inflows, European stock funds saw billions of dollars in net outflows in the first quarter, with declines in Japanese stock funds as well, according to EPFR.Marc Fernandes | Nurphoto | Getty…