U.K. banks Barclays said Thursday it plans to cut 5,000 staff, citing efficiency savings from AI.

The S&P 500 posted a three-day winning streak on Wednesday, and the Nasdaq Composite rose as Tesla and SpaceX rallied.

Nestlé CEO Philipp Navratil sits down exclusively with CNBC's Carolin Roth to discuss the company's better-than-expected third-quarter earnings, growth in emerging markets, the health of the U.S. consumer, and deconsolidation in Russia.

U.S. Treasury yields could be poised for a breakout ahead of the Federal Reserve's Oct. 28 policy meeting, according to BMO Capital Markets.

The U.S. ordered non-emergency staff out of Saudi Arabia after Houthi strikes on an airport and an oil field, reviving fears of a widening regional conflict.

China's benchmark CSI 300 index has entered bear-market territory, falling 20% from its June peak, as a prolonged selloff in mainland equities deepens.

Sovereign wealth funds are pouring billions of dollars back into China after a sharp investment slump.

Economists polled by Reuters had forecast the Bank of Korea to hold rates.

Southeast Asia's rapid AI adoption is creating business opportunities beyond paid consumer subscriptions, a partner at Bain & Company, told CNBC.

Musk in September donated $158 million to a Republican Super PAC, which sent that cash to a PAC backing GOP Senate nominee Ken Paxton, Talarico's opponent.