ia 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
ia 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
ia Op-ed: Why financial literacy matters in an economic crisis By www.cnbc.com Published On :: Thu, 16 Apr 2020 15:01:10 GMT A new survey finds nearly 9 in 10 Americans say the COVID-19 crisis is causing stress on their personal finances, highlighting the importance of financial literacy. Full Article
ia Op-ed: Recovering from this unprecedented oil crash could take years and may not benefit Saudi or Russian producers By www.cnbc.com Published On :: Tue, 21 Apr 2020 17:06:32 GMT Saudi Arabia and Russia aim to inflict pain on American producers, forcing them to shutter wells and give up the market share. Full Article
ia US, China trade negotiators talk about phase one deal as uncertainty looms By www.cnbc.com Published On :: Fri, 08 May 2020 05:03:17 GMT U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer spoke to Chinese Vice Premier Liu He late Thursday Eastern time. Full Article
ia Media companies expect a tough quarter for TV advertising, with no live sports and spending delayed By www.cnbc.com Published On :: Fri, 08 May 2020 18:10:33 GMT In recent days, companies including ABC and ESPN parent Disney, Fox Corp., AMC Networks, NBCUniversal parent Comcast, ViacomCBS and Discovery reported earnings that showed how TV is trending as advertisers are pulling spend or postponing campaigns until later in the year. Full Article
ia Tesla is not cleared to reopen US factory, local officials say By www.cnbc.com Published On :: Fri, 08 May 2020 21:43:54 GMT Interim Health Officer for Alameda County Public Health Department, Erica Pan, said on an online town hall meeting that even though California had relaxed Covid-19 restrictions at the state level, that legally, "If there are local orders, whichever is stricter prevails." Full Article
ia Chinese tech giant Tencent reportedly surveilled foreign users of WeChat to help censorship at home By www.cnbc.com Published On :: Sat, 09 May 2020 10:38:19 GMT Chinese internet giant Tencent has been surveilling content posted by foreign users on its wildly popular messaging service WeChat in order to help it refine censorship on its platform at home, according to a new report. Full Article
ia WHO says 'delayed epidemic' takes hold in Eastern Europe as coronavirus cases in Russia rise By www.cnbc.com Published On :: Fri, 08 May 2020 20:31:57 GMT Russia is now the world's fifth-most infected country with more than 187,800 cases, surpassing Germany and France, according to data from Johns Hopkins University. Full Article
ia Coronavirus forces Russia to hold slimmed down Victory Day in blow to Putin By www.cnbc.com Published On :: Sat, 09 May 2020 07:19:11 GMT Russia marks 75 years since the Soviet victory over Nazi Germany in World War Two on Saturday. Full Article
ia Trump 'torn' over US-China trade deal as officials push to fulfill its terms By www.cnbc.com Published On :: Sat, 09 May 2020 02:43:12 GMT Asked if he was "breaking up" the Phase 1 trade deal, Trump said: "I'm very — I'm very torn as to — I have not decided yet, if you want to know the truth." Full Article
ia Moderna's vaccine candidate could potentially get regulatory approval in 2021 By www.cnbc.com Published On :: Thu, 07 May 2020 14:12:03 GMT Moderna has received FDA approval for the company's Covid-19 vaccine to continue into the second phase. CNBC's Meg Tirrell reports. Full Article
ia Cramer: Coronavirus could propel plant-based Beyond Meat into a giant like Amazon or Facebook By www.cnbc.com Published On :: Thu, 07 May 2020 15:10:26 GMT Plant-based protein is not a passing fad, CNBC's Jim Cramer said. Full Article
ia Carvana CEO Ernest Garcia on the company's first quarter earnings By www.cnbc.com Published On :: Thu, 07 May 2020 18:55:17 GMT Ernie Garcia, CEO of Carvana, joins "Squawk on the Street" to discuss the company's earnings amid the coronavirus pandemic Full Article
ia Pharma giants granted coronavirus approvals but doubts remain on manufacturing a global vaccine By www.cnbc.com Published On :: Mon, 04 May 2020 11:23:14 GMT Experts warn that vaccine timelines look ambitious and argue more thought is needed on manufacturing. Full Article
ia 'Biggest disappointment' for the West is China isn't aligning with it: Ian Bremmer By www.cnbc.com Published On :: Thu, 11 Oct 2018 08:24:41 GMT Ian Bremmer, founder of Eurasia Group, says China is getting more powerful and not aligning with the West. This will lead to separate systems like two separate Internets. Full Article
ia Sterling could rise on continued Brexit negotiations: Strategist By www.cnbc.com Published On :: Mon, 21 Jan 2019 08:37:35 GMT Sim Moh Siong, FX strategist at the Bank of Singapore, says there is "scope for more upside" for sterling if Brexit negotiations roll on past the March deadline. Full Article
ia Washington's heart 'really isn't in it' with Russia sanctions: Director By www.cnbc.com Published On :: Tue, 24 Dec 2019 11:09:09 GMT Samuel Greene, director of the Russia Institute and reader of Russian politics at King's College London, speaks to CNBC about new U.S. sanctions on Nord Stream 2. Full Article
ia US is best positioned to fill India's natural gas needs: Energy Secretary By www.cnbc.com Published On :: Wed, 26 Feb 2020 08:28:42 GMT U.S. Energy Secretary Dan Brouillette talks about the strategic energy partnership with India, and how it will boost trade in oil and natural gas. Full Article
ia Stocks making the biggest moves midday: Starbucks, Chevron, Norwegian Cruise Line, Alphabet & more By www.cnbc.com Published On :: Tue, 05 May 2020 17:30:19 GMT Starbucks jumps as the coffee chain rolls out a reopening plan in the U.S. while Chevron leads energy stocks higher amid a surge in crude. Full Article
ia Stocks making the biggest moves in the premarket: Raytheon, ViacomCBS, Moderna, JetBlue & more By www.cnbc.com Published On :: Thu, 07 May 2020 12:20:38 GMT The stocks making the biggest moves in premarket trading include Raytheon, ViacomCBS, Moderna, JetBlue, and more. Full Article
ia A blind chart reading can help remove bias on this major stock index By www.cnbc.com Published On :: Mon, 05 Mar 2018 06:34:33 GMT Taking a blind read of a chart may be the best way to put aside sentiment and make a cool-headed decision. Full Article
ia The behavior of the Australian dollar is a contradiction By www.cnbc.com Published On :: Wed, 16 May 2018 00:46:57 GMT On the one hand the Australian market is making new 10 year highs, on the other, the Australian dollar has broken a long term uptrend and is rapidly moving towards 12-month, and potentially, two-year lows. Full Article
ia The dollar is set to be on the rebound, expect a potentially fast rally By www.cnbc.com Published On :: Wed, 13 Jun 2018 04:26:10 GMT The key question now is about the strength of the pullback for the dollar, and the potential to develop a new rebound rally, according to Daryl Guppy. Full Article
ia What to watch in Australia's market-currency contradiction By www.cnbc.com Published On :: Tue, 14 Aug 2018 05:11:32 GMT The market contradiction with the Australian dollar persists, writes Daryl Guppy. Full Article
ia Australia's currency decline is collateral damage in Trump's trade war By www.cnbc.com Published On :: Wed, 19 Sep 2018 18:49:49 GMT There was a contradiction when Australia's stock market was making new 10-year highs but the currency was posting significant lows. A big question has now been answered, Daryl Guppy writes. Full Article
ia 'The fabric of America is being destroyed.' Why this ex-Trump official says student debt needs to be canceled By www.cnbc.com Published On :: Sat, 09 Nov 2019 16:25:20 GMT "The fabric of America is being destroyed through this process." Here's why the former Trump administration official in charge of student debt is now calling for most of the debt to be canceled. Full Article
ia How the 2020 presidential candidates' Q4 fundraising numbers shape up By www.cnbc.com Published On :: Thu, 02 Jan 2020 19:54:56 GMT CNBC's Eamon Javers and political reporter Brian Schwartz join the "Power Lunch" team to break down the latest presidential campaign fundraising numbers. Full Article
ia Wedbush's Ygal Arounian on Uber earnings: Top line numbers weren't that bad By www.cnbc.com Published On :: Thu, 07 May 2020 22:44:56 GMT Tom White, D.A. Davidson analyst and Ygal Arounian, Wedbush Securities, join "Closing Bell" to talk about markets. Full Article
ia Private equity investors are zeroing in on financial advice business By www.cnbc.com Published On :: Thu, 14 Nov 2019 12:43:48 GMT The registered investment advisor industry has attracted the attention of private equity investors, thanks to good growth, high profit margins, consistent cash flow and low capital needs. Full Article
ia Financial advisors need to put cybersecurity plans to the test By www.cnbc.com Published On :: Wed, 20 Nov 2019 13:01:30 GMT Today's advisory firms face numerous cybersecurity risks, from phishing to ransomware to email viruses, to name a few. And the one way that firms can tell if they're ready to face these risks, as well as regulators' requirements, is to put them to the test. Full Article
ia What financial advisors, investors could expect from a Charles Schwab-TD Ameritrade merger By www.cnbc.com Published On :: Fri, 22 Nov 2019 14:10:49 GMT The custody arena for registered investment advisors is about to get a lot smaller if Charles Schwab acquires TD Ameritrade. Here's what that might mean for services for financial advisors and their clients. Full Article
ia How financial advisors can strive for a higher standard when recommending life insurance By www.cnbc.com Published On :: Mon, 02 Dec 2019 14:14:33 GMT Insurance is an essential part of a comprehensive financial plan, but fee-only advisors have blanched at using commission-based products to solve a problem. Here's how to curtail those conflicts of interest. Full Article
ia Financial advisors must find their 'niche' to survive over next 5 to 10 years By www.cnbc.com Published On :: Thu, 27 Feb 2020 16:53:19 GMT Developing a niche, like working with millennial clients or widows, will become more imperative if financial advisors are to compete successfully. Full Article
ia It may get harder for consumers to tell how some financial advisors get paid By www.cnbc.com Published On :: Wed, 04 Mar 2020 20:58:46 GMT The CFP Board, which oversees standards for 86,000 certified financial planners in the U.S., removed the ability for consumers to search for an advisor based on how they're paid. Full Article
ia Op-Ed: Financial advisors help clients navigate through uncertainty By www.cnbc.com Published On :: Tue, 24 Mar 2020 12:31:01 GMT The best financial advisors will choose to stay connected with their clients throughout the coronavirus crisis and be creative in evolving their services on a human level. Keep adding to your market volatility playbook — this isn't the first time we've encountered turbulence in the markets, and it won't be the last. Full Article
ia Eight out of 10 financial advisors see markets diving lower, survey finds By www.cnbc.com Published On :: Wed, 08 Apr 2020 13:01:12 GMT Eighty-one percent of financial advisors say markets haven't hit bottom yet amid the coronavirus pandemic, according to a survey by Ned Davis Research. Two members of CNBC's Financial Advisor Council say whatever the future holds, they're telling clients to stay the course. Full Article
ia These financial advisors applied for the PPP loan. They share some lessons learned By www.cnbc.com Published On :: Sat, 18 Apr 2020 14:07:00 GMT Three financial advisors share how they have helped clients apply for emergency funding through the Paycheck Protection Program, and sought aid for their practices. Full Article
ia Mattel CEO on Q1 results, holiday season forecast and 'Thank You Heroes' initiative By www.cnbc.com Published On :: Thu, 07 May 2020 01:04:17 GMT Mattel CEO Ynon Kreiz told "Mad Money" host Jim Cramer he expects a "good holiday season" if the retail environement returns to normal. Full Article
ia IAC CEO Joey Levin on the company's earnings and outlook By www.cnbc.com Published On :: Thu, 07 May 2020 18:48:17 GMT Joey Levin, CEO of IAC, joins "Squawk Alley" to discuss the company's earnings amid the coronavirus pandemic. Full Article
ia Norwegian Cruise Line CEO talks cruise bookings, raising $2 billion to avoid bankruptcy By www.cnbc.com Published On :: Thu, 07 May 2020 22:55:09 GMT Norwegian Cruise Line CEO Frank Del Rio said the troubled company has raised enough liquidity to get through potential 18 months of zero revenues. Full Article
ia Victoria Falls dries to a trickle after worst drought in a century By www.theguardian.com Published On :: 2019-12-07T01:53:48Z One of southern Africa’s biggest tourist attractions has seen an unprecedented decline this dry season, fuelling climate change fearsFor decades Victoria Falls, where southern Africa’s Zambezi river cascades down 100 metres into a gash in the earth, have drawn millions of holidaymakers to Zimbabwe and Zambia for their stunning views.But the worst drought in a century has slowed the waterfalls to a trickle, fuelling fears that climate change could kill one of the region’s biggest tourist attractions. Related: Zimbabwe on verge of 'manmade starvation', warns UN envoy Continue reading... Full Article Zimbabwe Zambia Africa Climate change Environment
ia Worst drought in a century shrinks Victoria Falls to a trickle – video By www.theguardian.com Published On :: 2019-12-07T13:35:09Z Victoria Falls, on the border of Zimbabwe and Zambia, has slowed down to a trickle after an unprecedented decline in water levels, officials have said. Data from the Zambezi River authority showed water flow at its lowest since 1995, and well under the long-term average. The Zambian president, Edgar Lungu, said it was a stark reminder of what climate change is doing to the environment, yet some scientists are cautious about categorically blaming the climate crisis. Harald Kling, a hydrologist at engineering firm Pöyry and a Zambezi River expert, said climate science dealt in decades, not particular years, 'so it’s sometimes difficult to say: this is because of climate change because droughts have always occurred'Victoria Falls dries to a trickle after worst drought in a century Continue reading... Full Article Africa Zimbabwe Zambia Drought Climate change Natural disasters and extreme weather World news
ia Zimbabwe's president appeals for help to end country's 'financial isolation' By www.theguardian.com Published On :: 2020-02-28T15:53:08Z Emmerson Mnangagwa makes passionate plea for support as he targets upper middle-income status by 2030The president of Zimbabwe has appealed for help in pulling his debt-ridden country out of “financial isolation”.Emmerson Mnangagwa made his passionate call for international funding after he failed to secure new loans from the International Monetary Fund, the World Bank, African Development Bank and the Paris Club due to outstanding foreign debts of $8bn (£6.2bn). Related: Zimbabwe urged to prioritise children as record poverty causes food shortages Continue reading... Full Article Governance Sustainable development goals Global development Sustainable development Environment Zimbabwe Africa World news
ia Zimbabwe faces malaria outbreak as it locks down to counter coronavirus By www.theguardian.com Published On :: 2020-04-21T05:00:57Z A rise in cases of the mosquito-borne disease poses another layer of threat in a country where the health system is already strugglingCoronavirus – latest updatesSee all our coronavirus coverageAt least 131 people have died from malaria in Zimbabwe in a new outbreak, adding pressure to a country already struggling to deal with Covid-19.The fatalities occurred in 201 outbreaks recorded across the country, according to the Ministry of Health. Meanwhile Zimbabwe’s lockdown has been extended by two weeks to prevent the spread of coronavirus. Related: 'We will starve': Zimbabwe's poor full of misgiving over Covid-19 lockdown Continue reading... Full Article Global development Zimbabwe World news Coronavirus outbreak Malaria Epidemics Africa Infectious diseases
ia Your financial advisor may not actually be an 'advisor' By www.cnbc.com Published On :: Tue, 05 May 2020 20:23:59 GMT An SEC rule is requiring many brokers, often referred to as financial or wealth advisors, to stop marketing themselves as "advisors" next month. Full Article
ia Young professionals risk financial burnout as they weather their first big crisis By www.cnbc.com Published On :: Wed, 06 May 2020 13:15:23 GMT Many Gen Z and millennial professionals have one question: Will I still have a job? Worrying about day-to-day expenses puts them at risk for financial burnout. And that could mean they neglect their long-term plans, particularly retirement savings. Full Article
ia Cornerstone Macro's Carter Worth says financials fall may continue By www.cnbc.com Published On :: Fri, 01 May 2020 21:34:43 GMT Cornerstone Macro's Carter Worth takes a look at the financial sector. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Guy Adami, Brian Kelly and Steve Grasso. Full Article
ia Bernstein's Alexia Howard on what to expect from Beyond Meat's earnings By www.cnbc.com Published On :: Mon, 04 May 2020 22:18:22 GMT Alexia Howard, Bernstein analyst, with a Beyond Meat earnings preview. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Karen Finerman. Full Article
ia Former trade official: Rising US-China tensions 'start of a new cold war' By www.cnbc.com Published On :: Tue, 05 May 2020 21:53:30 GMT Clete Willems, Former NEC deputy director, says China and the U.S. are engaged in the start of a new cold war. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Steve Grasso and Karen Finerman. Full Article