North Korea the focus as Rex Tillerson chairs UN Security Council meeting

The growing threat of nuclear North Korea will be the focus on Friday as Secretary of State Rex Tillerson chairs a special meeting of the United Nations Security Council. It will cap a week of high-profile engagements for the Trump administration, intended to signal a...

Samsung shares could rally 48 percent as profit expected to hit all-time highs in 2017

Samsung Electronics shares hit a record high on Friday after reporting strong earnings a day before, prompting analysts to boost their price target for the stock and forecast never-before-seen profit for the electronics giant. The South Korean firm saw shares hit 2.29...

Electrolux chief hails consumer confidence, lower interest rates for profits

Lower interest rates and increased consumer demand helped Electrolux beat analyst forecasts and report better than expected first quarter earnings, CEO Jonas Samuelson told CNBC . The Swedish multinational home appliance manufacturer was trading at the top of the...