ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Komal Sri-Kumar, Sri-Kumar Global Strategies president, and Darrell Cronk, CIO of Wells Fargo’s wealth and investment management, join ‘Squawk Box’ to discuss the Fed’s interest rate decision, what was behind Fed Chair Powell’s decision to cut by 50 basis points, and more. […]
Tag: business news
The German Chancellor is skeptical about European tariffs on Chinese EVs, Teneo director says
Carsten Nickel, a managing director at Teneo, discusses rising trade tensions between Europe and China. Source link
Stacey Widlitz, President at S-W Retail Advisors and Dealmakehers CO-Founder, discusses Nike’s leadership change, praising the return of an experienced executive to boost innovation. Source link
(This is CNBC Pro’s live coverage of Friday’s analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) An e-commerce giant and a snack maker were among the stocks being talked about by analysts. Evercore ISI raised its price target on Amazon to $240, implying more than 25% upside […]
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Huw van Steenis, vice chair of Oliver Wyman and former advisor to Mark Carney, discusses the Bank of England’s decision to hold interest rates at its September meeting and the impact of public sector pay rises. Source link
Street scene in Old Bond Street, Mayfair, London, United Kingdom. Pawel Libera | The Image Bank | Getty Images LONDON — Monaco, Italy, Switzerland, Dubai. They’re just a few of the destinations trying to lure away the U.K.’s uber wealthy ahead of proposed changes to the country’s divisive non-dom tax regime. Almost two-thirds (63%) of […]
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Timothy Moe of Goldman Sachs highlights short-term opportunities in H-shares and long-term potential in A-shares as China’s structural transformation takes shape, but advises a selective approach within these markets. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Capital Connection Zak Brown, CEO of McLaren Racing is upbeat about the team’s chances and hopes to defend their pole position at the Singapore Grand Prix. 03:06 2 hours ago Source link
People look at a BYD Dolphin electric subcompact during the 2023 Shenyang International Auto Show on May 3, 2023 in Shenyang, Liaoning Province of China. Vcg | Visual China Group | Getty Images Chinese electric vehicles will remain competitive in Europe despite the EU’s additional tariffs on autos made in the country, particularly after they […]
An employee does final inspections on a Mercedes-Benz C-Class at the Mercedes-Benz US International factory in Vance, Alabama. Andrew Caballero-Reynolds | AFP | Getty Images Mercedes shares fell more than 8% Friday after becoming the latest carmaker to cut its guidance this year as sluggish demand in China and trade disputes weigh on the sector. […]