Procter & Gamble earnings beat estimates, but weak demand in China hurts sales
Procter & Gamble on Friday reported weaker-than-expected revenue as lower demand in China again weighed on its sales.
Markets asian news
BlackRock's ETF chief says 75% of its bitcoin buyers are crypto fans new to Wall Street
SALT LAKE CITY — A year ago, Samara Cohen believed there was so much pent-up demand for bitcoin that she and her team at BlackRock launched one of the first-ever spot bitcoin exchange-traded products in the U.S. Now investors are flocking in, and a lot of them are crypto enthusiasts who are new to Wall Street.
European markets close higher, marking second straight week of gains; Gucci-owner Kering up 3.5%
This is CNBC's live blog covering European markets.
China needs stimulus with 'beautiful deleveraging' to avoid debt crisis, says Ray Dalio
China must employ a "beautiful deleveraging" in addition to its recent stimulus measures in order to avoid a debt crisis, said Bridgewater Associates founder Ray Dalio at a conference on Friday
Tesla faces NHTSA investigation of ‘Full Self-Driving’ after fatal collision
Tesla faces a new investigation by the National Highway Traffic Safety Administration, or NHTSA, concerning issues with its "Full Self-Driving" systems, and whether they are safe to use in fog, glaring sun or other "reduced roadway visibility conditions."
Intel seeks billions for minority stake in Altera business, sources say
Intel is looking to sell at least a minority stake in its Altera unit in a transaction that would raise several billion dollars in cash for the struggling chipmaker, according to people familiar with the matter.
China markets rebound on stronger-than-expected GDP data; most Asia-Pacific markets rise
This is CNBC's live blog covering Asia-Pacific markets.
China’s Lackluster Growth Continues, Signaling Why Beijing Acted on Economy
The Chinese economy continued to grow at a lackluster pace over the summer, according to data released on Friday, underscoring the urgency of the government’s recent attempts to bolster growth.