Corporate Jet Rebound?
Airtime: Tues. Aug. 24 2010 | 10:32 AM ET
Discussing a turnaround in business aviation, with Edward Bolen, National Business Aviation Association.
Airtime: Tues. Aug. 24 2010 | 10:32 AM ET
Discussing a turnaround in business aviation, with Edward Bolen, National Business Aviation Association.
CNBC spoke to Oleg Deripaska, Russia’s richest man and CEO of the world’s largest aluminum producer Rusal, and asked him whether he expects a double-dip recession.
Asian nations need more involvement in the G20 policy decisions, but that could happen when the Republic of Korea takes over as group chair, Robert Kimmit, former US Deputy Treasury Secretary, told CNBC Thursday. Philippa Malmgren from Principalis Asset Management joined the discussion.
There is an 80% or more chance the euro zone will lose members within the next two years, Erwin Grandinger from EPM Financial Services Group said citing the group’s clients. He added that part of the problem is having no direct communication between politicians and the markets.
Automakers Renault, Nissan and Daimler agreed to swap stakes in a bid to increase scale and share costs Wednesday. “There’s a demand for premium small cars growing, so we definitely want to participate and we want to do that successfully,” Dieter Zetsche, chairman of Daimler told CNBC. Carlos Ghosn, chairman and CEO of Renault-Nissan, also spoke to CNBC.
Thanks to the cloud computing craze, shares of Rackspace Hosting have jumped 50% over the past three months. The company’s CEO, Lanham Napier, talks to the Fast Money traders about this hot sector.
Firm to spin off a significant portion of its prop trading, with CNBC’s Kate Kelly and Dick Bove, Rochdale Securities.