World: News and Reviews from CNBC

Check out Europe’s top party cities
CNBC takes a look at the top European cities for a great party.

Is the world thirsty for Europe’s booze?
When it comes to alcohol, Europe has a world-renowned reputation. But how can it avoid a hangover as tastes change?

FBI paid over $1.3M to hack San Bernardino iPhone
That suggests the FBI paid the largest ever publicized amount for a hacking technique, Reuters reports.

Saudi prince: Let there be jobs
Saudi Arabia’s 30-year-old deputy crown prince’s ambitious economic “vision” could include 5 million new jobs.

‘No credit crisis for this pricey property market’
Aussies have some of the world’s highest debt levels, and property prices are finally cooling. But investors fearing a U.S-style credit crisis needn’t worry, HSBC warns.

Japan eyes double-barrelled stimulus to ease yen strains
Japan looks increasingly likely to fire both fiscal and monetary barrels in the coming weeks, with direct currency intervention off the table.

Billions of dollars in damage and still no warning
Despite decades of research, earthquake prediction remains elusive.

Starbucks down 5% following revenue miss
Starbucks shares plummeted more than 4 percent Thursday after the company announced earnings that missed Wall Street expectations.

Prince’s death is not the end of his music career
Prince, whose career spanned several decades, sold tens of millions of albums worldwide and despite his death, will likely sell millions more.

Microsoft falls as much as 5% after earnings miss
Microsoft reported quarterly earnings missed analysts’ expectations, while revenues basically landed in line.

Alphabet falls after results miss on top and bottom
After releasing weaker-than-expected results the company’s class A shares fell by about 6 percent in after-hours trade.

Asia set to follow US stocks lower
Futures pointed to a weaker open for Asia markets, following a lower finish in the U.S. as telecoms led declines.

How the US should respond to Saudi threat
The US shouldn’t just sit by with the Saudis threatening to pull $750 billion in US assets, says Ron Insana.

Sowing seeds for a capitalist revolution in Cuba
If you’re an entrepreneur who wants to do business in Cuba, there may be more opportunity than you think.

Legendary musician Prince dies at 57
The artist’s publicist, Yvette Noel-Schure, said in a statement that he died at his Paisley Park residence Thursday morning.

The PlayStation NEO and Sony’s new strategy
Rumors have emerged that a new version of Sony’s PlayStation 4 will be called the NEO, and experts think it will help boost sales.

Canada aims for marijuana legalization in 2017
Canada’s Liberal government will introduce a law in spring 2017 to legalize recreational marijuana, it said on Wednesday.

Volkswagen, DOJ reach deal on emissions scandal
Automaker Volkswagen has reached a deal with the U.S. government over diesel emissions, a judge told Reuters Thursday.

Watch out US—Draghi’s QE is coming your way
Analysts are poring over a new ECB corporate bond-buying plan that might just raise an eyebrow over in the U.S.

Should the UK stay or go: How to trade a ‘Brexit’
June 23rd is decision day in the United Kingdom.

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