HSBC CEO: BoCom Remains Core China Investment
HSBC CEO: BoCom Remains Core China Investment
HSBC CEO: BoCom Remains Core China Investment
CNBC’s Steve Liesman has the highlights from the meeting of G-7 finance ministers. CNBC’s Steve Liesman has the highlights from the meeting of G-7 finance ministers.
The market is pricing in another euro fudge; the EU has always fudged its way around fundamental issues,” Julian Pendock from Senhouse Capital told CNBC Wednesday when discussing the outlook for stocks in the wake of Greece’s debt problems.
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.
Steve Wynn, chairman & CEO of Wynn Resorts, is considering moving its global headquarters from the U.S. to Macau. He explains the rationale behind this potential move in this First On CNBC interview, with CNBC’s Bernard Lo.
“We do not contemplate the possibility of a double-dip recession… It’s not impossible, but it is not something that we think is likely,” Jose Vinals, financial counselor and director of the Monetary and Capital Markets Department from the IMF, told CNBC Thursday. Amartya Sen, author of The Idea of Justice, joined the discussion.
GDP: Glass Half Full or Empty?