on Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak By www.cnbc.com Published On :: Fri, 08 May 2020 15:07:50 GMT On Wednesday, Cuomo said most new Covid-19 hospitalizations in New York state are from people who were staying home and not venturing much outside. Full Article
on New York investigates coronavirus in children after 5-year-old NYC boy dies from complications, Gov. Cuomo says By www.cnbc.com Published On :: Fri, 08 May 2020 18:11:16 GMT New York is investigating how Covid-19 impacts children after a 5-year-old boy in New York City died due to coronavirus-related complications, Gov. Andrew Cuomo said Friday. Full Article
on Russia's Victory Day celebrations pared back; Spain's daily coronavirus death tolls falls By www.cnbc.com Published On :: Sat, 09 May 2020 13:13:20 GMT Russia marks the 75th anniversary of Soviet victory over Nazi Germany in World War Two on Saturday, but the coronavirus outbreak means that celebrations have been pared back massively. Full Article
on All eyes on Moscow following Crimea vote: Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Angela Stent, author of 'The Limits of Partnership: US-Russian Relations in the Twenty-First Century,' warns that attention will fall on Vladimir Putin as to whether Crimea will join Russia officially. Full Article
on Will sanctions be enough to stop Putin? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Adam Ereli, Vice Chairman, Washington D.C. at Mercury, explains why he isn't very optimistic about diplomatic solutions in the Russia-Ukraine standoff. Full Article
on Is GM doing enough damage control? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT James Albertine, Vice President, Automotive at Stifel Equity Research, discusses CEO Mary Barra's efforts to change how GM handles recalls. Full Article
on Relax, yuan won't depreciate further: BofA By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Lu Ting, Greater China Economist at Bank of America Merrill Lynch, dismisses the possibility of the yuan falling to 6.4 against the greenback. Full Article
on HSBC flash PMI confirms China slowdown: Moody's By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Alaistair Chan, Economist at Moody's Analytics, attributes the weak data to monetary tightening last year. Full Article
on Sanctions send soft signals to Russia: Pro By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Stephen Yates, CEO at DC International Advisory, says the sanctions that have slapped on Russia have not been hard-hitting at all. Full Article
on Major sanctions on Russia are 'unlikely': INSEAD By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Antonio Fatas, Professor of Economics at INSEAD, says it is unlikely that the West will impose hard-hitting economic sanctions upon Russia. Full Article
on Time to go risk-off on stocks? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Scott Nations, Chief Investment Officer & President at NationsShares, says recent declines on Wall Street "may be more than a dip" and investors should avoid taking risks. Full Article
on Are markets right to bet on China stimulus? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT CNBC's Julia Wood and Adam Bakhtiar discuss the possibility of Beijing moving in on fresh stimulus measures to prop up its economy. Full Article
on Did wrong timing sour King's trading debut? By www.cnbc.com Published On :: Sat, 10 Mar 2018 01:38:12 GMT Francis Gaskins, director of research at Equities.com, discusses why Candy Crush game maker, King Digital Entertainment, fell nearly 16 percent on its trading debut. Full Article
on Asian shares up on China's NPC but China stocks fall By www.cnbc.com Published On :: Thu, 24 Apr 2014 00:08:40 GMT Asian stocks were mostly higher Wednesday, boosted by overnight gains on Wall Street and unveiling of China's official 2014 GDP growth target. Full Article
on Stop focusing on geopolitics of coronavirus with China, says Australian CEO By www.cnbc.com Published On :: Tue, 05 May 2020 04:16:52 GMT Australia has "no benefits at all" from focusing on its coronavirus-related geopolitics with China, one of its major trading and business partners. It should focus instead on people's health and economic recovery, says Mark Allison, CEO and managing director of Elders Limited. Full Article
on US will focus on China trade deal despite tensions over virus, says strategist By www.cnbc.com Published On :: Tue, 05 May 2020 04:25:48 GMT The United States' prevailing goal will be seeing through its "phase one" trade deal with China despite rising geopolitical tensions over the latter's alleged coronavirus involvements, says Alex Wolf, head of investment strategy for Asia at JPMorgan Private Bank. He unpacks what this means for credit risk assets and hedge funds. Full Article
on A new 'Cold War' has begun as US-China tensions rise, says former White House official By www.cnbc.com Published On :: Tue, 05 May 2020 05:02:29 GMT A new Cold War is emerging from the ongoing U.S.-China geopolitical tensions, says Clete Willems, an Akin Gump partner and former White House official. He cites the "growing frustration" with China's economic policies and resistance to investigations for its alleged coronavirus involvements. Full Article
on World risks famines of 'biblical proportions' from pandemic, says UN By www.cnbc.com Published On :: Tue, 05 May 2020 05:20:33 GMT As many as 260 million people risk being on the brink of starvation as economies deteriorate and supply chains break down worldwide due to the coronavirus pandemic, says David Beasley, the United Nations World Food Programme's executive director. Full Article
on 'This is the start of a new Cold War,' former Trump trade official says of rising US-China tensions By www.cnbc.com Published On :: Tue, 05 May 2020 06:52:10 GMT Among the latest disputes between the U.S. and China is the origin of the coronavirus, which has infected more than 3 million people and killed over 250,000 globally, data by Johns Hopkins University showed. Full Article
on Gold is one of the few industries without a demand issue: Evolution Mining By www.cnbc.com Published On :: Wed, 06 May 2020 01:26:09 GMT Jake Klein of Evolution Mining explains why gold companies are faring better than most sectors during this time of extended uncertainty due to the coronavirus pandemic. Full Article
on Many potential pitfalls for UK-US trade deal: Brookings Institution By www.cnbc.com Published On :: Wed, 06 May 2020 02:27:07 GMT The potential trade deal with the U.S. is very important for the U.K, but the negations will probably be challenging and drawn-out due to issues such as agricultural, data flows, and intellectual property, says Joshua Meltzer of the Brookings Institution. Full Article
on Singapore aims for sustainable measures in 'long fight' against the coronavirus: Minister By www.cnbc.com Published On :: Wed, 06 May 2020 03:08:55 GMT Singapore needs sustainable measures in its "prolonged battle" against the coronavirus, so that the country can ease out of its "circuit breaker" period to resume normal activities safely, says Lawrence Wong, second minister for finance, minister for national development and co-chair of the multi-ministry taskforce on Covid-19. Full Article
on Singapore minister says safeguards in migrant dormitories 'not sufficient' during coronavirus outbreak By www.cnbc.com Published On :: Wed, 06 May 2020 03:42:58 GMT Singapore learned from the coronavirus pandemic that its migrant workers' dormitories need redesigning to prevent future outbreaks, says Lawrence Wong, second minister for finance, who is also co-chair of the country's Covid-19 task force. Full Article
on Singapore is not yet halfway through its coronavirus outbreak, says minister By www.cnbc.com Published On :: Wed, 06 May 2020 06:15:02 GMT Migrant workers living dormitories have accounted for around 87.6% of Singapore's total 19,410 confirmed cases as of Tuesday, according to the health ministry. Full Article
on Latest round of US China trade tensions is 'more posturing than reality': Strategist By www.cnbc.com Published On :: Thu, 07 May 2020 02:22:40 GMT Phil Blancato, CEO of Ladenburg Thalmann Asset Management, says "no one wants more economic pain" in this current environment, adding that he would be surprised if the current US China trade tensions escalate. Full Article
on Markets have priced in bad economic data, but not trade tensions: Strategist By www.cnbc.com Published On :: Thu, 07 May 2020 03:47:06 GMT Markets are unlikely to react to bad economic data in the second quarter, says Brian Belski of BMO Capital Markets, adding that any volatility seen near-term will be from a resurgence in U.S.-China trade tensions. Full Article
on Uber and Lyft unlikely to see recovery anytime soon, says analyst By www.cnbc.com Published On :: Thu, 07 May 2020 06:04:04 GMT Angelo Zino of Equity Research tells CNBC's Squawk Box Asia that Uber and Lyft will not likely see significant recovery until a vaccine is found amid the uncertainty of the coronavirus pandemic. Full Article
on US-China trade tensions are a 'renewed risk' for markets: Goldman Sachs By www.cnbc.com Published On :: Thu, 07 May 2020 07:03:38 GMT Initial optimism following the phase one trade deal has slipped a bit and the market is starting to price in "some greater concerns" about U.S.-China friction, over trade as well as the coronavirus crisis, says Timothy Moe, Goldman Sachs' co-head of macro research in Asia and chief Asia Pacific equity strategist. Full Article
on April job losses will be three times those from the GFC: Economist By www.cnbc.com Published On :: Fri, 08 May 2020 01:07:06 GMT Gregory Daco of Oxford Economics says he expects the U.S. unemployment rate to go up to 17% in April, reflecting a loss in income that will weigh on consumer spending and subsequent economic recovery. Full Article
on Australian economy is starting its recovery phase, fiscal policy will influence it the most: NAB By www.cnbc.com Published On :: Fri, 08 May 2020 01:11:04 GMT Australia has started plans on re-opening its economy after a period of social distancing. Ivan Colhoun of the National Australian Bank suggests looking to fiscal stimulus to cushion the hit to their economy, and to keep an eye on how lower immigration may slow the economy in the long term. Full Article
on Stock markets could still relapse on coronavirus worries: JPMorgan By www.cnbc.com Published On :: Fri, 08 May 2020 02:23:21 GMT Investors should be prepared for a potential stock market relapse and that they are not solely invested in the United States, says David Kelly, chief global strategist for JPMorgan Asset Management. He suggests exploring countries in East Asia, which will likely exit the coronavirus crisis faster than Europe or the U.S. Full Article
on Why Renaissance Capital is cautious on Kingsoft's 'growth-at-all-costs' model By www.cnbc.com Published On :: Fri, 08 May 2020 02:50:48 GMT While there has been "quite a bit of interest" in Kingsoft Cloud's IPO filing, investors should be cautious about the high-growth tech company operating on negative margins and the generally poor performance of Chinese IPOs, says Kathleen Smith, founding principal of Renaissance Capital. Full Article
on Medical supplies provided a boost for Chinese exports: Economist By www.cnbc.com Published On :: Fri, 08 May 2020 03:04:45 GMT Jian Chang of Barclays Asia Pacific says medical supplies are a key factor driving the increase in China's export numbers. Jian Chang also explores the worsening U.S.-China relationship in recent weeks amid the coronavirus crisis, with the trade agreement being a key focal point. Full Article
on US is reopening too soon and may see tepid recovery from virus crisis: Deutsche Bank By www.cnbc.com Published On :: Fri, 08 May 2020 04:05:41 GMT In contrast to the U.S., countries in North Asia and Australia had "very convincing containment" of the coronavirus crisis, making them more likely to achieve a "very sharp" economic rebound post-pandemic, says Deutsche Bank's Michael Spencer, chief economist and head of research for the Asia-Pacific. Full Article
on I propose 'shelter in place' approach to fight the coronavirus: Vickers Venture Partners Chairman By www.cnbc.com Published On :: Fri, 08 May 2020 04:50:29 GMT Finian Tan, Chairman of Vickers Venture Partners proposes a "shelter in place" approach to combat COVID-19, which involves asking those 50 years and above to stay at home without exception, while allowing the rest of the population to go back to business as usual, including opening of businesses and borders. Full Article
on Elon Musk says orders to stay home are 'fascist' in expletive-laced rant during Tesla earnings call By www.cnbc.com Published On :: Thu, 30 Apr 2020 17:11:40 GMT Tesla CEO Elon Musk lashed out at government stay at home orders as "fascist" in an expletive-laced rant on Tesla's Q1 earnings call. Full Article
on Cars could go completely driverless 'very soon,' says CEO of Chinese autonomous driving tech start-up By www.cnbc.com Published On :: Thu, 30 Apr 2020 04:28:59 GMT Currently, most regulations across various cities in China still require the presence of a safety driver in vehicles. Full Article
on Elon Musk's F-bomb rant against lockdowns reflects 'growing sentiment,' says Dr. Scott Gottlieb By www.cnbc.com Published On :: Thu, 30 Apr 2020 17:10:50 GMT "That's going to tug against what the governors have to do," the former FDA chief told CNBC. "We still face a pretty big epidemic in this country." Full Article
on Coronavirus could help Tesla retain EV lead as traditional automakers pare electric investments By www.cnbc.com Published On :: Fri, 01 May 2020 13:54:26 GMT Many of the new EVs that were supposed to enter the U.S. market to challenge the California carmaker this year are being delayed. Full Article
on Feds clear General Motors in UAW union corruption probe By www.cnbc.com Published On :: Fri, 01 May 2020 21:27:24 GMT Federal prosecutors this week informed GM that it is not currently a target in a yearslong investigation into corruption of the United Auto Workers union. Full Article
on Tesla CEO Elon Musk's coronavirus rant highlights just one of many hurdles automakers face in reopening plants By www.cnbc.com Published On :: Sat, 02 May 2020 14:01:01 GMT In reopening plants, automakers face worker safety issues and must abide by local mandates, which Tesla CEO Elon Musk highlighted earlier this week. Then there are more complex problems. Full Article
on Electric cars take the spotlight in China's post-coronavirus stimulus plans By www.cnbc.com Published On :: Wed, 06 May 2020 02:45:46 GMT Jing Yang, director of corporate research at Fitch Ratings, expects electric vehicles to outperform an overall slump in China's car sales this year given strong policy support. Full Article
on Elon Musk's lavish LA mansions appear to be listed for sale days after billionaire pledged to 'own no house' By www.cnbc.com Published On :: Thu, 07 May 2020 00:16:37 GMT The homes have a combined value of $39.5 million. Full Article
on USAA chief: Coronavirus 'cabin fever' may be behind car crash uptick after initial steep decline By www.cnbc.com Published On :: Mon, 04 May 2020 18:24:36 GMT "The last couple of weeks we've seen a slight uptick in those rates, certainly not because stores are reopening," USAA CEO Wayne Peacock told CNBC. Full Article
on Fiat Chrysler to restart US production in two weeks after coronavirus shutdowns lead to $1.8 billion quarterly loss By www.cnbc.com Published On :: Tue, 05 May 2020 14:59:36 GMT Despite the "unexpected and unprecedented times" due to Covid-19, the company, said Tuesday that it and French automaker PSA Group "remain committed" to a previously announced merger of equals. Full Article
on This wartime law gives Trump exceptional power over US economy By www.cnbc.com Published On :: Tue, 05 May 2020 15:12:10 GMT President Trump has invoked a Korean War-era law to fight the coronavirus pandemic. The Defense Production Act gives the president extraordinary powers over the U.S. economy, which supporters of the move say is necessary to contain the disease. Full Article
on Ford and 3M begin shipping respirators to front-line health workers fighting coronavirus pandemic By www.cnbc.com Published On :: Wed, 06 May 2020 16:29:03 GMT About 90 United Auto Workers union members have assembled more than 10,000 respirators at a Ford plant near Flat Rock, Michigan. Full Article
on Michigan lawmakers lead congressional push to include auto industry in next stimulus bill By www.cnbc.com Published On :: Wed, 06 May 2020 22:24:51 GMT "The projected economic fallout for the (auto) industry is grave," reads the bipartisan letter signed by nine lawmakers from Michigan, Ohio, Tennessee, Texas and Alabama, all states with big auto manufacturing plants. Full Article
on Tesla reportedly halts car production at Chinese factory By www.cnbc.com Published On :: Thu, 07 May 2020 15:54:42 GMT It's unclear why Tesla halted its operations at the plant that's normally operated six days a week. But the move means that Tesla isn't making any cars worldwide. Full Article
on GM raises $4 billion in bond offering, expects to establish new $2 billion credit line By www.cnbc.com Published On :: Thu, 07 May 2020 23:53:36 GMT General Motors plans to further strengthen its cash position during the coronavirus pandemic through an offering of senior unsecured fixed rate notes, the company announced Thursday. Full Article