[The stream is slated to start at 12:25 p.m., ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump holds a joint news conference with French President Emmanuel Macron on Thursday as controversy again engulfs his White House. Trump is expected to take questions during his […]
Read moreInsiders who got a crack at the Snap IPO at the offer price of $17 per share won’t sell the stock when they’re finally allowed to later this summer, CNBC’s Jim Cramer said Thursday. Cramer makes his case by addressing a rare upgrade of shares of the Snapchat parent. “Stifel comes out and says the […]
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STONECUTTERS ISLAND in Hong Kong used to be a favoured habitat for poisonous snakes and eye-catching birds such as the white-bellied sea eagle. Thanks to Hong Kong’s rapid development, it is no longer so hospitable. Its sky is full of gantry cranes, stacking 20-foot-long shipping containers in multicoloured tessellations, like giant Lego bricks. A cluster […]
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IN 2008 Ethiopia’s conservative central bank experimented: it authorised interest-free banking. Interest is prohibited under sharia law, so the move was lauded as a step towards expanding financial services for the country’s large and often poor Muslim minority. But momentum soon stalled. An attempt to launch a fully-fledged Islamic bank foundered. Today most of Ethiopia’s […]
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THIRTY-ONE years ago, The Economist created the Big Mac index as a way of gauging how different currencies stacked up against the dollar. The index is based on the theory of purchasing-power parity, the idea that in the long run, exchange rates should adjust so that the price of an identical basket of tradable goods […]
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A DECADES-old dream of many low-cost carriers (LCCs), to break into the market for long-haul flights, has also been a long-standing nightmare for executives at full-service airlines, who earn their corn chiefly on such routes. So a series of setbacks for Norwegian, the latest LCC to try its hand at long-haul flights, has set off […]
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THE factory of the future will be a building stuffed full of robots making robots. A factory in Amberg, a small town in Bavaria, is not quite that, but it gets close. The plant is run by Siemens, a German engineering giant, and it makes industrial computer-control systems, which are essential bits of kit used […]
Read more[unable to retrieve full-text content]Listicle Story Testing Source: cnbc china Listicle Story Testing
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A FEW months into Donald Trump’s presidency, the headlines about travel to America were dire. “US Travel Industry Fears a ‘Lost Decade’ Under Trump,” Bloomberg warned. “Trump Slump Could Take a $1.3 Billion Toll on US Travel Spending,” the travel-news site Skift stated. “US Travel Industry Fears Trump Slump,” reported The Hill, which quoted the […]
Read moreOusted Uber officials Travis Kalanick and Emil Michael were involved in making a mega-deal with the “Google of Russia” on ride-hailing, executives told CNBC. The two companies announced an agreement on Thursday to combine their ride-hailing services into a joint entity in Russia, Armenia, Azerbaijan, Belarus, Georgia and Kazakhstan. The combined company, controlled by Russia-based […]
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