Trump to block downloads of TikTok, WeChat on Sunday
The Commerce Department announced it will ban U.S. business transactions with China-owned social apps WeChat and TikTok on Sunday. International: Top News And Analysis
Category: World
Bill Gates doesn’t expect a virus vaccine before year-end — but he says one drugmaker has the best chance
“We do see good antibody levels both in the phase one and the phase two (trials), so we’re pretty hopeful,” Gates told CNBC. International: Top News And Analysis
Brexit trade talks in doubt as Britain brushes off ultimatum from Brussels
The stakes are getting higher between the U.K. and the EU amid plans that, if legislated, could alter legally-binding Brexit agreements with Brussels. International: Top News And Analysis
Germany piles the pressure on Russia after Navalny poisoning, with gas pipeline in the balance
German officials are increasing pressure on the Kremlin to cooperate in the investigation into the suspected poisoning of Russian opposition politician Alexei Navalny. International: Top News And Analysis
Markets are facing a potential ‘Minsky moment’ collapse, strategist says
Asset prices could be on the cusp of a sharp collapse known as a “Minsky moment,” and may retest lows last seen in March, according to Ron William, market strategist and founder of RW Advisory.…
U.S. tech stocks are now worth more than the entire European stock market
The U.S. tech sector now has a market cap of more than $ 9 trillion, making it more valuable than all European stocks, according to Bank of America. International: Top News And Analysis
Microsoft’s TikTok deal reportedly ballooned after Trump intervened
Microsoft’s deal talks with TikTok “ballooned” this summer after President Donald Trump intervened, according to a report from The New York Times. International: Top News And Analysis
Shenzhen start-up board to challenge Shanghai for tech listings, adding fuel to ‘technology war’ with U.S.
The broadening IPO reform will help strengthen the appeal of China’s capital markets at a time when Chinese tech firms face growing U.S. scrutiny and risk of being delisted from U.S. markets. International: Top News…
U.S. and European firms face $1 trillion in costs to relocate their Chinese supply chains, BofA says
Foreign firms looking to move their manufacturing processes outside of China in the wake of coronavirus could face $ 1 trillion in costs over five years, according to new Bank of America research. International: Top…
As silver trades near seven-year highs, here’s why investors continue to pile in
In recent weeks, the silver price has rallied to hit its highest level since 2013. Here, CNBC looks at why investors have been flocking to the precious metal and what’s driving its drastic moves. International:…