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Low oil price era is 'dead' as crisis-stricken Venezuela risks a supply shock, analyst says

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The "lower for longer" oil price mantra is doomed, one oil analyst told CNBC Tuesday.

Russia is out to prove that 'doomsday' forecasts of economic collapse have failed

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Russia is preparing to welcome leaders and executives from the world of business and economics but this year's St Petersburg International Economic Forum (SPIEF) comes at a time when its international relations are more unstable than ever.

China says it will cut tariffs on some auto parts and vehicles

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The Chinese Finance Ministry announced Tuesday that auto tariffs for some cars will be cut to 15 percent, while some auto parts will see tariffs cut to 6 percent.

Oil prices have been given a boost, but they could struggle to head higher

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Oil prices have climbed, but whether or not that rise will continue for longer could be doubtful.

Top Stories in last day

13

European markets mixed amid earnings; Fischer shares rally 6%

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European markets were mixed Tuesday, amid an easing of pressure on Italian markets and a fresh batch of earnings.

10

US hikes tariffs on Chinese steel exported via Vietnam

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The US has raised tariffs on steel from Vietnam that Washington says originated in China.

09

Egg a day tied to lower risk of heart disease

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People who eat an egg just about every day may have a lower risk of heart attack and stroke than individuals who don't eat eggs at all, a large Chinese study suggests.

08

Italy could be getting a prime minister no one's ever heard of

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Italy's Five Star Movement (M5S) and Lega party have reportedly agreed on who the next prime minister should be.

05

What China wants — and doesn't want — from a Trump-Kim summit

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Ending the U.S. military presence in South Korea would boost China's goal of minimizing America's influence in Asia.

04

Quick US green cards are available to Indians — but they're not cheap

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Indians are discovering a quick — though super-expensive — route around the long wait for an American permanent residency.

03

Sony to acquire Mubadala's stake in EMI Music Publishing in $1.9 billion deal

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Sony has reached an agreement with Mubadala Investment to acquire all its interest in EMI Music Publishing, for $1.9 billion.

02

Bitcoin cash is a must-own, says crypto investor Brian Kelly

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Crypto investor Brian Kelly makes the case for bitcoin cash.

00

Putin claimed a new nuclear missile had unlimited range — but it flew only 22 miles in its most successful test yet

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The U.S. assessed that the longest test flight lasted just more than two minutes, sources tell CNBC.

21

Pompeo strikes parallels between North Korea and Iran in his first speech as top US diplomat

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Secretary of State Mike Pompeo said a "painful pressure campaign" was used to bring North Korea to the negotiating table.

18

White House economic adviser Larry Kudlow on ZTE: 'They're not going to get off scot-free'

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White House economic adviser Larry Kudlow insists the Chinese phone maker won't go unpunished.

Secretary of State Pompeo vows US won't allow Iran to develop a nuclear weapon: 'Not now, not ever'

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Mike Pompeo ripped into Iran during his first major speech as secretary of State.

16

Tesla shares to soar more than 80% on strong Model 3 profitability: Analyst

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Concern over Tesla's ability to generate profits on the Model 3 is overblown, according to Berenberg.

US-China trade agreements are ‘face-saving’ and ‘lose-lose,’ says Moody’s chief economist

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Triumphant tones coming from the White House over the weekend are inconsequential, Moody's chief economist said Monday.

15

Italy won't look to exit the euro now ... but there's a chance that could change

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An incoming populist government in Italy may no longer be looking to ditch the euro currency, but this risk cannot be totally ruled out, one analyst told CNBC Monday.

Mnuchin: We've made 'very meaningful progress' with China on trade issues

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Treasury Secretary Steven Mnuchin puts a positive face on U.S.-China trade negotiations.

Monday, May 21

US likely to slap tough oil sanctions on Venezuela — and that's a 'game changer' for Maduro

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The U.S. is almost certainly preparing to impose targeted crude sanctions against Venezuela, analysts told CNBC Monday.

The EU’s support for the Iran deal is ‘not sufficient,’ Tehran says

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European leaders have been scrambling to save the Iranian nuclear deal after the Donald Trump administration announced its withdrawal on May 8.

Dow closes above 25,000 for the first time since March as US-China trade war is placed 'on hold'

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Stocks close higher as trade tensions between the U.S. and China dissipated for the moment.

Ryanair CEO says some airlines will not 'survive' the winter due to elevated oil prices

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The chief of budget airline Ryanair said Monday he fully expects some of his European rivals to file for bankruptcy over the coming months.

Sunday, May 20

Airlines get higher fuel bills just as busy summer flying season approaches

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Airlines are having to shell out more for jet fuel, just ahead of the busy summer travel season.

Treasury Secretary Mnuchin declares US-China trade war 'on hold' as both sides work toward agreement

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The US and China have agreed to drop their tariff threats on billions of dollars worth of each country's goods

Small cap stocks are in the ‘early innings’ of a record run, a Wall Street veteran says

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B. Riley FBR's Art Hogan suggests the small cap stock win streak is just starting.

EU could compensate firms hit by US sanctions over Iran: French finance minister

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Bruno Le Maire referred to EU rules going back to 1996 which he said could allow the EU to intervene.

Saturday, May 19

China agrees to bolster purchases of US goods, in a move to 'substantially reduce' trade gap

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China and the U.S. have mutually agreed to "substantially reduce" the yawning trade imbalance.

China lands bomber on South China Sea island for first time

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The move is likely to further fuel concerns about Beijing's expansive claims over the disputed region.

Prince Harry, Meghan Markle wed in Windsor as millions watch

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Oprah Winfrey, Elton John, George Clooney, Serena Williams and David and Victoria Beckham were among those in attendance.

Friday, May 18

Venezuela’s Maduro seeks fresh mandate amid unprecedented social and economic crises

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Venezuelan President Nicolas Maduro is poised to win re-election on Sunday, despite widespread anger over the country's economic crisis.

Italy’s incoming government wants to lift Russia sanctions and rewrite EU rules

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Italy's two populist parties are set to raise concerns for the EU.

A floating Pacific island is in the works with its own government, cryptocurrency and 300 houses

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The Floating Island Project want to build 300 homes on an island that runs under its own governance.

China says it hasn't offered to cut its trade surplus with the US by $200 billion

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A ministry spokesman said that the claims were not true while speaking at a daily news briefing about the ongoing trade talks between the world's two largest economies, according to Reuters.

Thursday, May 17

Trump: I 'doubt' China trade negotiations will succeed

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Chinese officials are currently in Washington negotiating on trade with the Trump administration.

Iraq’s election result is a backlash against foreign influence — and a curveball for the US and Iran

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Muqtada al-Sadr is in the rare position of opposing both the U.S. and Iran, his win reflecting the demand for an Iraqi state run by Iraqis.

Kroger tie-up sparks 60% rally for shares of UK online delivery firm

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The U.K. logistics firm is betting Americans will make the switch to online grocery shopping.

Tough negotiations as US-China trade talks kick off, but there's scope for compromise

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One area of progress would be regarding the types of goods U.S. could sell to China, said a former Chinese minister.