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‘Bitcoin will go to zero’: Davos talks up the future of blockchain tech

Joe Mcdermott Jan 23, 2019 0
The price of bitcoincould nosedive to zero, a top investor in the crypto space told CNBC during a debate, which focused on the future of the underlying technology known as blockchain. Cryptocurrencies had a wild year in 2018, with over…

Standard Chartered chief pushes back on report that its biggest shareholder is unhappy

Joe Mcdermott Jan 23, 2019 0
Standard Chartered'slargest shareholder is "very supportive" of the company, chief executive Bill Winters said Wednesday, following a report that it is increasingly unhappy with his restructuring efforts. Singapore's state-owned…

Bill Gates: My ‘best investment’ turned $10 billion into $200 billion worth of economic…

Joe Mcdermott Jan 23, 2019 0
Investing in global health organizations aimed at increasing access to vaccines created a 20-to-1 return in economic benefit, billionaire Microsoft co-founder and philanthropist Bill Gatestold CNBC on Wednesday. Over the past two…

Nobel winner Robert Shiller says there’s still a risk of a full-blown bear market

Joe Mcdermott Jan 23, 2019 0
U.S. stock markets may have recovered slightly from sharp falls at the end of last year, but there's still a risk of a significant downward trend, Robert Shiller, a professor of economics at Yale University and a Nobel laureate, told CNBC…

Japanese leader Abe tells Davos audience to rebuild trust in global trade

Joe Mcdermott Jan 23, 2019 0
Japanese Prime Minister Shinzo Abe told an audience at the World Economic Forum in Davos on Wednesday that it was time to "rebuild trust" in international trade. His speech comes at a time when the United States is pulling back from free…

Matt Damon reveals which Democrats he would like to see in the White House

Joe Mcdermott Jan 23, 2019 0
Award-winning actor Matt Damon may have firmly ruled out any chanceof him entering the political space, yet that doesn't mean he's not ready to throw his support behind others. "There's going to be a huge Democratic field. I love Joe…

Former Vice President Al Gore and Prince William meet privately at Davos

Joe Mcdermott Jan 23, 2019 0
DAVOS, Switzerland — Former U.S. Vice President Al Gore and Prince William, the Duke of Cambridge, privately met at the World Economic Forum in Davos, Switzerland on Wednesday to discuss environmental issues, CNBC has learned. The closed…

ECB shouldn’t change policy now amid trade war and Brexit concerns, bank CEO says

Joe Mcdermott Jan 23, 2019 0
The European Central Bankshould wait before announcing any new policy changes given that there are so many geopolitical uncertainties in the world, the CEO of the Dutch lender ING told CNBC Wednesday. The central bank is due to meet…

UK trade minister says he sees ‘good chance’ of a Brexit deal

Joe Mcdermott Jan 23, 2019 0
BritishTrade Secretary Liam Fox told CNBC on Wednesday that he believed there was a "good chance" of securing an exit deal with the European Union. UK lawmakers are proposing alternative plans to the current agreed deal with the EU after…

China could completely cut off investment into Silicon Valley amid Huawei bust-up

Joe Mcdermott Jan 23, 2019 0
China could completely cut investment into the Silicon Valley, according to the former deputy governor of the People's Bank of China, following intense scrutiny of the world's largest telecom equipment maker. Chinese tech giant Huawei is…
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