world news Protecting health and safety of citizens must come first, Spanish minister says By www.cnbc.com Published On :: Wed, 06 May 2020 09:37:27 GMT Spanish Minister of Foreign Affairs, the European Union and Cooperation Arancha Gonzalez discusses Spain's current state of emergency. Full Article
world news Europe has scope to strengthen relationship with China, Spanish minister says By www.cnbc.com Published On :: Wed, 06 May 2020 09:38:42 GMT Spanish Minister of Foreign Affairs, the European Union and Cooperation Arancha Gonzalez discusses the coronavirus crisis. Full Article
world news SAS CFO says airline should be granted government support amid pandemic By www.cnbc.com Published On :: Wed, 06 May 2020 09:43:59 GMT Torbjorn Wist, CFO of SAS, discusses the airline's position in the coronavirus crisis and its seeking of state aid to support the company through the pandemic. Full Article
world news Seeing spike in demand for sedatives and painkillers, Fresenius CFO says By www.cnbc.com Published On :: Wed, 06 May 2020 09:48:54 GMT Rachel Empey, CFO of Fresenius, outlines how the healthcare firm's earnings are being impacted by the coronavirus crisis. Full Article
world news Working to ensure we emerge stronger from coronavirus crisis, Solvay CEO says By www.cnbc.com Published On :: Wed, 06 May 2020 09:50:02 GMT Ilham Kadri, CEO of Solvay, discusses the chemicals company's first-quarter earnings. Full Article
world news Croatia brings new coronavirus infections down to single digits By www.cnbc.com Published On :: Wed, 06 May 2020 13:16:11 GMT Croatian Prime Minister Andrej Plenkovic discusses the EU's response to the Covid-19 pandemic and how the country has handled the crisis. Full Article
world news Economic scars will remain for EU after coronavirus, official says By www.cnbc.com Published On :: Wed, 06 May 2020 13:16:45 GMT EU Economic Commissioner Paolo Gentiloni discusses the economic impact of the coronavirus pandemic across the euro zone. Full Article
world news Croatia PM: Will not hesitate to speak of enlargement at EU-Western Balkans summit By www.cnbc.com Published On :: Wed, 06 May 2020 16:58:07 GMT Croatian Prime Minister Andrej Plenkovic speaks ahead of the EU-Western Balkans summit on Wednesday. Full Article
world news Coronavirus an 'unbelievable' challenge for hospitality sector, IHG CEO says By www.cnbc.com Published On :: Thu, 07 May 2020 09:04:59 GMT Keith Barr, CEO of InterContinental Hotels Group, discusses the impact of the coronavirus pandemic on the company. Full Article
world news Equinor has reduced 2020 costs by $3 billion and is prepared to do more, CEO says By www.cnbc.com Published On :: Thu, 07 May 2020 09:05:24 GMT Eldar Sætre, CEO of Equinor, discusses the company's first-quarter earnings. Full Article
world news Positive business dynamic in the insurance market, Munich Re CFO says By www.cnbc.com Published On :: Thu, 07 May 2020 09:06:04 GMT Munich Re CFO Christoph Jurecka discusses the insurer's first-quarter earnings. Full Article
world news Expecting recovery from coronavirus to be L-shaped, strategist says By www.cnbc.com Published On :: Thu, 07 May 2020 09:43:19 GMT Stephen Isaacs, chairman of the investment committee at Alvine Capital Management, discusses the market recovery from the coronavirus crisis. Full Article
world news Seeing opportunities in UK-listed companies, strategist says By www.cnbc.com Published On :: Thu, 07 May 2020 10:03:41 GMT Dan Kemp, CIO of Morningstar Investment Management EMEA, discusses the U.K. economy. Full Article
world news Long-term economic scarring should justify further easing from Bank of England, economist says By www.cnbc.com Published On :: Thu, 07 May 2020 10:11:47 GMT Fabrice Montagne, chief U.K. economist at Barclays, discusses the U.K. economy. Full Article
world news Strong nutrition business lifted first-quarter earnings, DSM co-CEO says By www.cnbc.com Published On :: Thu, 07 May 2020 17:05:31 GMT Geraldine Matchett, co-CEO of DSM, discusses the company's first-quarter earnings. Full Article
world news There is potential for negative interest rates in the US, strategist says By www.cnbc.com Published On :: Fri, 08 May 2020 07:34:12 GMT Greg Williamson, head of strategy at Pluribus Labs, discusses the U.S. economy. Full Article
world news It's been a challenging quarter, ING CFO says By www.cnbc.com Published On :: Fri, 08 May 2020 07:34:23 GMT Tanate Phutrakul, CFO of ING, discusses the lender's first-quarter earnings. Full Article
world news Too early to tell if EU will continue to exist as it does today, historian says By www.cnbc.com Published On :: Fri, 08 May 2020 07:35:56 GMT Kiran Klaus Patel, author of "Project Europe: A History," discusses the impact of the coronavirus crisis on the European Union. Full Article
world news Fresh US-China trade tensions a 'distinct risk' amid pandemic, strategist says By www.cnbc.com Published On :: Fri, 08 May 2020 07:36:07 GMT Salman Ahmed, chief investment strategist at Lombard Odier Investment Managers, discusses trade tensions between the U.S. and China. Full Article
world news Expecting to see earnings trough in the third quarter, Siemens CEO says By www.cnbc.com Published On :: Fri, 08 May 2020 07:37:18 GMT Siemens CEO Joe Kaeser discusses the impact of the coronavirus pandemic on the company's earnings. Full Article
world news 'Buyer beware' at this point — it's going to be a grind from here, strategist warns By www.cnbc.com Published On :: Fri, 08 May 2020 09:05:25 GMT Hani Redha, multi-asset portfolio manager at PineBridge Investments, discusses investing amid the coronavirus crisis. Full Article
world news German court ruling on ECB bond buying 'laughable,' Societe Generale chair says By www.cnbc.com Published On :: Fri, 08 May 2020 09:06:02 GMT Lorenzo Bini Smaghi, chairman of Societe Generale and former member of the ECB's executive board, discusses the German constitutional court's call for the European Central Bank to justify its bond-buying program. Full Article
world news ECB has responded well to German court ruling, former ECB vice president says By www.cnbc.com Published On :: Fri, 08 May 2020 10:03:35 GMT Vitor Constancio, former vice president of the ECB, discusses the German constitutional court's ruling on the European Central Bank's bond-buying program. Full Article
world news Markets have priced in unlimited policy support: Strategist By www.cnbc.com Published On :: Thu, 23 Apr 2020 08:49:39 GMT Mark Jolley of CCB International Securities says the rally in the markets is short-lived as central bank support cannot prevent a decline in first-quarter earnings. Full Article
world news US oil needs more explicit support from policymakers: Standard Chartered By www.cnbc.com Published On :: Fri, 24 Apr 2020 05:24:53 GMT Eric Robertsen from Standard Chartered says it is hard to imagine oil and energy demand improving, so the U.S. shale industry needs explicit policy support to get back on track. Full Article
world news A higher deficit will need to be factored in to new EU budget, says economist By www.cnbc.com Published On :: Fri, 24 Apr 2020 09:05:19 GMT Radhika Rao from DBS Bank discusses the European Union's economic response in combating the coronavirus pandemic. Full Article
world news The current global slowdown is going to have a long tail, strategist says By www.cnbc.com Published On :: Fri, 24 Apr 2020 10:13:37 GMT James Morton, CIO at Santa Lucia Asset Management, discusses the prospect of a recovery from the coronavirus pandemic, saying the downturn will last for a while. Full Article
world news WTI went negative on issues with demand, not high supply, CIO says By www.cnbc.com Published On :: Mon, 27 Apr 2020 07:25:34 GMT Fadi Arbid, CIO at Amwal Capital Partners, said he believes oil output cuts will go a long way in addressing oil volatility but the major issue plaguing prices is the coronavirus hit on demand. Full Article
world news HSBC results were unsurprising given economic fallout from coronavirus, says analyst By www.cnbc.com Published On :: Wed, 29 Apr 2020 08:26:18 GMT HSBC's first-quarter earnings were not surprising given the global economic fallout of the coronavirus pandemic, says Filippo Alloatti, senior credit analyst at Federated Hermes. He also discusses the bank's decision to suspend share buybacks and dividend payouts for now. Full Article
world news The coronavirus crisis is 'accelerating' the need for economic transformation: Citi By www.cnbc.com Published On :: Tue, 28 Apr 2020 09:46:46 GMT Miguel Azevedo of Citi discusses the coronavirus pandemic's impact on Middle Eastern nations, mergers and acquisitions, and economic activity in the Muslim holy month of Ramadan. Full Article
world news Analyst looking to build portfolios that will 'last the next decade' By www.cnbc.com Published On :: Tue, 28 Apr 2020 10:49:54 GMT BNP Paribas Asset Management's Paul Sandhu discusses his 2020 equity strategy and finding opportunity amidst the current volatility in markets. Full Article
world news Andrew Forrest on using business power to fight Australia's coronavirus crisis By www.cnbc.com Published On :: Wed, 29 Apr 2020 06:59:40 GMT With ten million test kits now secured by the Mindaroo Foundation and its business partners, Australia will have the "abundant capacity" to test widely for infections to "end the virus, not the economy," says Andrew Forrest, the foundation's co-founder and chairman, and former CEO of Fortescue Metals Group. Full Article
world news Earnings will get a massive hit this year from the coronavirus hit: Portfolio Manager By www.cnbc.com Published On :: Wed, 29 Apr 2020 07:21:36 GMT Steven Glass of Pengana International Fund says there is a wide disconnect between fundamentals and market moves and we are currently witnessing a bear-market rally. Full Article
world news Lower interest rates are the biggest headwind this year, says CEO of Singapore's largest bank By www.cnbc.com Published On :: Thu, 30 Apr 2020 06:46:08 GMT The Federal Reserve's "big cuts" to its policy rates will eventually lead to lower interest rates in Singapore, says Piyush Gupta, chief executive of DBS Group Holdings. Full Article
world news Things could look worse for latest US recession: Former Fed special advisor By www.cnbc.com Published On :: Thu, 30 Apr 2020 06:52:18 GMT With the United States in a "very, very severe recession" given the coronavirus outbreak, the Fed will have to continue being a "lender of last resort" and use appropriate monetary policy to ensure sufficient liquidity in the economy, says Andrew Levin, professor of economics at Dartmouth College and a former special advisor to the Federal Open Market Committee (FOMC). Full Article
world news Oil, Covid-19 shock will not be a capital event for GCC banks: S&P Global Ratings By www.cnbc.com Published On :: Mon, 04 May 2020 08:03:57 GMT Given the "strong profitability" of banks in the Gulf Cooperation Council countries, the oil price shock and the coronavirus pandemic are unlikely to deplete their capital base, says Mohamed Damak of S&P Global Ratings. Full Article
world news 'All we want is reciprocity' with China: US State Dept By www.cnbc.com Published On :: Mon, 04 May 2020 08:39:20 GMT Morgan Ortagus, spokesperson for the U.S. State Department, discusses the relationship between America and China. She says the U.S. "has really woken up to the threat" that the Communist Party of China poses to "our allies and our interests and our friends." Full Article
world news Lebanese citizens on a painful path despite the government's rescue plan, analyst says By www.cnbc.com Published On :: Mon, 04 May 2020 09:04:26 GMT Gregg Carlstrom, Middle East Correspondent at The Economist says a haircut for banks in Lebanon seems inevitable despite their recent spat with the government. Full Article
world news Expect lockdown exit to be a long-drawn process, strategist says By www.cnbc.com Published On :: Mon, 04 May 2020 09:08:18 GMT Eli Lee from Bank of Singapore says that investors must realize that the speed of coming out of coronavirus lockdowns will be nowhere near the pace at which we entered it. Full Article
world news North Asian tech stocks are attractive despite coronavirus crisis: State Street By www.cnbc.com Published On :: Tue, 05 May 2020 07:19:26 GMT The coronavirus has been a massive blow for markets across the globe. But Daniel Gerard of State Street says tech stocks in North Asia still offer plenty of opportunities for investors. Full Article
world news The coronavirus pandemic is a 'crisis of trust' for consumers: Majid Al Futtaim CEO By www.cnbc.com Published On :: Tue, 05 May 2020 09:25:02 GMT It's going to be a "very difficult" period for the Middle East given coronavirus pandemic, but this could be a "golden opportunity" for economies to implement reforms and become more resilient, says Alain Bejjani, CEO of Majid Al Futtaim. Full Article
world news Stem cell treatment for coronavirus symptoms being trialed in the UAE By www.cnbc.com Published On :: Tue, 05 May 2020 09:32:20 GMT Dr. Fatima al-Kaabi of the Sheikh Khalifa Medical City discusses a stem cell treatment currently being tested for its efficacy in alleviating coronavirus symptoms, and the easing of the lockdown in the UAE. Full Article
world news Trump is playing the coronavirus 'blame game' with China ahead of the 2020 election: OCBC By www.cnbc.com Published On :: Wed, 06 May 2020 07:35:33 GMT The Trump Administration has attacked China over its handling of the coronavirus pandemic. Vasu Menon of OCBC warns tensions between Washington and Beijing could pick up even further, heading into the 2020 election. Full Article
world news Egypt has been 'pushing forward' structural reforms amid virus crisis, says minister By www.cnbc.com Published On :: Wed, 06 May 2020 09:23:08 GMT Egypt has been implementing structural reforms in an "expedited fashion" and widening social safety nets to people who are vulnerable in light of the coronavirus outbreak, says Rania Al-Mashat, Egypt's minister of international cooperation. Full Article
world news No improvement in industry situation amid pandemic: Intl Chamber of Shipping By www.cnbc.com Published On :: Wed, 06 May 2020 09:36:18 GMT Esben Poulsson from the International Chamber of Shipping gives "Capital Connection" an update on how the industry is still fighting for government action amid the coronavirus crisis. Full Article
world news Oil could hit $100 in next 18 months: Egyptian billionaire Naguib Sawiris By www.cnbc.com Published On :: Wed, 06 May 2020 09:40:45 GMT Oil prices could rise to $100 in the next 18 months, given that the fallout from the Russia-Saudi oil war has effectively killed the shale industry in the United States for the next year or so, says Naguib Sawiris, chairman and CEO at Orascom Investment Holding. Full Article
world news Expat job losses in the UAE will add to troubles in the GCC: Economist By www.cnbc.com Published On :: Wed, 06 May 2020 13:17:23 GMT Chris Payne of Peninsula Real Estate Management says the real problem in the GCC is not unemployment, but population shrinkage, as expats will be the first to be furloughed in an economic downturn. Full Article
world news Didi is 'even more confident' about entering global markets now, says president By www.cnbc.com Published On :: Thu, 07 May 2020 06:50:27 GMT Didi Chuxing is now "even more confident and more committed" to the idea of entering global markets in the wake of the coronavirus crisis, says Jean Liu, president of the mobile app-based transportation firm. Full Article
world news Humanitarian spaces for refugees may shrink amid virus crisis: ICRC president By www.cnbc.com Published On :: Thu, 07 May 2020 08:14:23 GMT We are "worried" that humanitarian spaces for refugees may shrink if coronavirus infections within refugee camps rise, says Peter Maurer, president of the International Committee of the Red Cross. He says he also expects ICRC's funding to become "very problematic" with donor countries increasing spending on their own economies. Full Article
world news China's May, June exports could be weaker due to lockdowns in other countries: Credit Suisse By www.cnbc.com Published On :: Thu, 07 May 2020 08:23:42 GMT China's exports could weaken in May, possibly also in June, as some of its largest export markets in the West have been under lockdown due to the pandemic, says Ray Farris, Credit Suisse's chief investment officer for South Asia. Full Article