Germany is once again the sick man of Europe, economist Hans-Werner Sinn told CNBC, and he said the shift could cause a rise in right-wing politics. International: Top News...

UBS shares rallied on the back of what analysts called a “historic” earnings report, though Deutsche Bank said the lender may remain a “construction site” for some time. International:...

China’s dominance in rare earths makes U.S. supply chains vulnerable, U.S. Trade Representative Katherine Tai told CNBC’s Martin Soong. International: Top News And Analysis

Revenue in the second quarter doubled from $ 6.7 billion a year earlier and increased 88% from the prior period. International: Top News And Analysis

The German retailer Aldi announced this week it plans to acquire Winn-Dixie and Harveys Supermarket. International: Top News And Analysis

Fitch Ratings warned that U.S. banks have inched closer to sweeping rating downgrades on dozens of lenders, including JPMorgan Chase and Bank of America. International: Top News And Analysis

Nine states have passed laws addressing organized retail crime and Congress is considering federal action. Experts say the new laws may not reduce crime. International: Top News And Analysis

Zach Kirkhorn, Tesla’s chief financial officer, stepped down from his role but will remain with the company through the end of the year. International: Top News And Analysis

China is the world’s largest EV market with 5.9 million units sold in 2022, capturing 59% of EVs sold globally, according to Canalys. International: Top News And Analysis

The official manufacturing purchasing managers’ index came in at 49.3 in July — compared with 49.0 in June, 48.8 in May and 49.2 in April. International: Top News And...