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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…

Millionaire magician David Blaine reveals the $1 hack that simplifies all his career decisions

Joe Mcdermott Jan 23, 2019 0
American illusionist David Blaine has spent more than two decades stunning audiences and amassing a notable fortune with his extreme — and even unearthly — endurance feats. But when it comes to managing his career, he follows one very…

Sanctions on Moscow hurt the US long term, Russia’s wealth fund head says

Joe Mcdermott Jan 23, 2019 0
U.S. sanctions on Moscow are starting to hurt America more than Russia, the chief executive of Russia's sovereign wealth fund told CNBC Wednesday. "Of course, we believe sanctions are wrong, and particularly U.S. sanctions, because they…

Shares of Apple supplier Japan Display surge 19 percent following report of bailout talks

Joe Mcdermott Jan 23, 2019 0
Shares of Japan Display skyrocketed on Wednesday following a report that the Apple supplier was in talks for a bailout following the disappointing sales of the iPhone XR. By the stock market's close in Tokyo Wednesday, the Japanese screen…

The global economic slowdown is ‘strongly welcome,’ Indonesia investment chief says

Joe Mcdermott Jan 23, 2019 0
The recent softening of global economic growth is "strongly welcome," Indonesia's investment chief told CNBC Wednesday, warning of financial risks that had been building up in China and beyond. "I would go as far to say 'thank God' for the…

Siemens CEO says he’s ‘sort of’ optimistic that EU regulators will approve Alstom…

Joe Mcdermott Jan 23, 2019 0
The German multinational Siemens is remaining hopeful the EU will approve its merger with France's Alstom, despite competition concerns from Brussels. Media reports suggest the European Commission will block the rail deal between the…

Japan, not China, may be winning Asia’s infrastructure investment contest

Joe Mcdermott Jan 23, 2019 0
Before China began courting Southeast Asia with infrastructure investments through its Belt and Road Initiative, Japan was the region’s top development financier. As the two powerhouses now compete for economic and commercial…

Response to climate change is the true test for global leaders: New Zealand’s prime minister

Joe Mcdermott Jan 23, 2019 0
New Zealand'sPrime Minister Jacinda Ardern has a piece of advice for her fellow leaders: Don't be on the wrong side of history. Ardern said Tuesday that climate change is the greatest threat facing the world. She urged her global…

Saudi Arabia’s inclusion in major global benchmarks ‘is going to change the…

Joe Mcdermott Jan 23, 2019 0
Saudi Arabia'slong-awaited inclusion in major global benchmarks could have an immediate and dramatic impact on financial markets, according to the chairman of the kingdom's Capital Markets Authority (CMA). The taps of foreign capital are…
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