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Egypt wants an Apple hub despite ongoing fight over iPhone prices

Joe Mcdermott Jan 23, 2019 0
Egypt would like to see a more direct physical presence from tech giant Appleeven as the two are caught up in conflict over local iPhone sales, the country's Prime Minister Mostafa Madbouli said Wednesday. "I think Egypt is a big market…

China urges US to seek ‘win-win’ relationship amid long-running trade war

Joe Mcdermott Jan 23, 2019 0
Chinese Vice President Wang Qishan addressed international heads of state at the World Economic Forum (WEF) on Wednesday, saying confrontation between Washington and Beijing “harms the interest of both sides.” His…

Stop portraying Arab women as victims, leading Saudi filmmaker says

Joe Mcdermott Jan 23, 2019 0
Acclaimed Saudi Arabian filmmaker Haifaa al-Mansour has a message for Western audiences: stop seeing Arab women as victims. Portraying the women of her region as strong and resilient is one of the missions of her highly-awarded films,…

Joe Biden and Kamala Harris are likely the top contenders for Barack Obama’s endorsement in…

Joe Mcdermott Jan 23, 2019 0
A huge question of the 2020 campaign is who former President Barack Obama will endorse. A primary field including both Sen. Kamala Harris, D-Calif., and former Vice President Joe Biden could make the choice especially tricky since they…

Germany’s Merkel says she has ‘grave doubts’ about the incoming world order

Joe Mcdermott Jan 23, 2019 0
German Chancellor Angela Merkelhas "grave doubts" about a changing approach to global affairs in which compromise and multilateralism seem to be lacking. "There is a new approach that we see in the world today, an approach that harbors…

‘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…
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