DIRS.INFO The most relevant business & tech news

☆ Navalny death is a pre-election gambit from Putin, anti-Kremlin activist Bill Browder says
▼ + stars: | 2024-02-17 | by ( Matt Clinch | ) www.cnbc.com time to read: +1 min

Anti-Kremlin activist Bill Browder said he believes Alexei Navalny's death was intended as a message to political opponents of Russian President Vladimir Putin ahead of elections next month. Dissident Navalny, who died Friday, had been serving a 19-year prison sentence on charges of extremism in Russia, which he vehemently denied. World leaders reacted with dismay and suspicion to the death, with U.S. President Joe Biden saying "Putin is responsible." Russia's Foreign Ministry on Friday said the West's reaction to Navalny's death was "self-exposing," given that no forensic medical examination had been made available at the time. Browder, the CEO and co-founder of Hermitage Capital Management and a friend of Navalny, also accused the Russian leader of being behind the death.

Persons: Bill Browder, Alexei Navalny's, Vladimir Putin, Navalny, Joe Biden, Putin, Browder, Alexei Navalny, CNBC's Silvia Amaro Saturday Organizations: Kremlin, U.S, Hermitage Capital Management, Munich Security Conference Locations: Russia

☆ U.S. troops will be on the front lines against Russia without further Ukraine aid, Senator Coons says
▼ + stars: | 2024-02-16 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

MUNICH, Germany — The U.S. faces the prospect of direct combat with Russia if it fails to provide continued financial and military support for forces on the ground in Ukraine, U.S. Democratic Sen. Chris Coons said Friday. Calling for bipartisan support from the U.S. House of Representatives for a new $95 billion aid package that includes funds for Ukraine, Coons said that investment in Europe was the U.S.' best defense against Moscow. "In the next front against Russia, it will be Americans on the front lines," Coons told CNBC's Silvia Amaro at the Munich Security Conference. Without doing so, Coons said Putin was likely to target a NATO ally next. "If we don't stop Putin in Ukraine, he will next be attacking NATO allies of the United States," he said.

Persons: Sen, Chris Coons, Democratic Sen, Coons, CNBC's Silvia Amaro, Vladimir, Putin, Joe Biden Organizations: Senate Armed Services, Foreign Relations, Capitol, Washington , D.C, Democratic, U.S . House, Ukraine, Moscow, Russia, Munich Security, U.S, Senate, NATO Locations: Afghanistan, Washington ,, MUNICH, Germany, The U.S, Russia, Ukraine, U.S, Europe, United States

☆ Only the U.S. can force peace in the Middle East and it should pressure Israel, Lebanon foreign minister says
▼ + stars: | 2024-02-16 | by ( Natasha Turak | ) www.cnbc.com time to read: +2 min

Lebanon's foreign minister called on the U.S. to pressure Israel and bring an end to its bloody war with Palestinian militant group Hamas, which has now entered its fifth month. "We want peace, I think the Palestinians are ready for peace and Americans should — [they are] the only country that can really enable peace," Bou Habib told CNBC's Silvia Amaro. "But they should exert some pressure over Israel like what happened in the 70s, Kissinger was there, and he exerted pressure on Israel to do the peace." Recent bills in the U.S. Congress have allocated tens of billions more in military aid since the Hamas terror attack of Oct. 7 that killed roughly 1,200 people. If the U.S. can't play a prominent role in stopping the hostilities, "then the war will continue," Bou Habib said.

Persons: Abdallah Bou Habib, Bou Habib, CNBC's Silvia Amaro, Kissinger, Henry, Israel, Israel's Organizations: Palestinian, Hamas, CNBC, Munich Security, Congressional Research Service, U.S . Agency for International Development, Washington, U.S, Congress Locations: Israel, Washington, U.S, Gaza

☆ Belgium PM says NATO countries need to be 'more united than ever'
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBelgium PM says NATO countries need to be 'more united than ever'Speaking at the Munich Security Conference, Alexander De Croo, the prime minister of Belgium, tells CNBC's Silvia Amaro that NATO countries need to be more united than ever. His comments came as he addressed reports that Kremlin critic Alexei Navalny had died, describing him as "one of the most courageous people in Russia."

Persons: Alexander De Croo, CNBC's Silvia Amaro, Alexei Navalny Organizations: Belgium, NATO, Munich Security Conference Locations: Belgium, Russia

☆ Lebanon foreign minister: We need a full solution in the Middle East, not half a solution
▼ + stars: | 2024-02-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLebanon foreign minister: We need a full solution in the Middle East, not half a solutionDr. Abdallah Bou Habib, Lebanon's minister of foreign affairs and emigrants, speaks to CNBC's Silvia Amaro from the Munich Security Conference.

Persons: Abdallah Bou Habib, CNBC's Silvia Amaro Organizations: Lebanon, Munich Security Conference

☆ U.S. 'very concerned' about China's dominance as a critical minerals supplier, energy chief says
▼ + stars: | 2024-02-14 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com time to read: +1 min

U.S. Energy Secretary Jennifer Granholm on Wednesday said the country is "very concerned" about China's grip on the global supply chain for critical minerals. China is the undisputed leader in the critical minerals supply chain, accounting for roughly 60% of the world's production of rare earth minerals and materials. "It's one of the pieces of the supply chain that we're very concerned about in the United States. We do not want to be over reliant on countries whose values we may not share," Granholm told CNBC's Silvia Amaro on Wednesday when asked about China's dominance as a critical minerals supplier. "We know all countries want to ensure that we have a critical stockpile of critical minerals and that we are allowed to diversify the supplies of those stockpiles.

Persons: Jennifer Granholm, Granholm, CNBC's Silvia Amaro Organizations: Energy, Wednesday, International Energy, International Energy Agency Locations: China, United States, Paris, France, U.S, Australia, Canada

☆ Pushback against Trump plays into the hands of the Chinese, Austria minister says
▼ + stars: | 2024-01-18 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Republican presidential candidate and former U.S. President Donald Trump gestures during a campaign rally ahead of the New Hampshire primary election, in Atkinson, New Hampshire, U.S. January 16, 2024. Davos, SWITZERLAND — Liberal pushback against a likely highly divisive U.S. election will play into the hands of the Chinese, Austria's Minister for Foreign Affairs, Alexander Schallenberg, said Thursday. "They treat democracy as a weakness, making us slower, making us more cumbersome. A spokesperson for the Chinese embassy in the U.K. wasn't immediately available for comment when contacted by CNBC. Trump, for his part, was considered highly skeptical of China during his time in office, opting for a protectionist approach.

Persons: Donald Trump, Alexander Schallenberg, Schallenberg, CNBC's Silvia Amaro, Trump, Biden Organizations: New, Liberal, Foreign Affairs, CNBC, Economic, wasn't, Republican Locations: New Hampshire, Atkinson , New Hampshire, U.S, Davos, SWITZERLAND, Switzerland, China

☆ Election disruption from AI poses the biggest global risk in 2024, Davos survey warns
▼ + stars: | 2024-01-10 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +3 min

The World Economic Forum's "Global Risks Report 2024," released Wednesday, ranked AI-derived misinformation and disinformation — and its implications for societal polarization — ahead of climate change, war and economic weakness in its top 10 risks over the next two years. "How that is going to play out is going to be quite important for us to watch," she added. watch nowThe WEF report, which was also produced in collaboration with Zurich Insurance Group, surveyed over 1,400 global risk experts, policymakers and industry leaders in September 2023 about their biggest global concerns. Top 10 global risksThe most cited risks for the next two years were, in order: misinformation and disinformation, extreme weather events, societal polarization, cyber insecurity and interstate armed conflict. Also in the top 10 were lack of economic opportunity, inflation, involuntary migration, economic downturn and pollution.

Persons: Alfieri, Carolina Klint, Marsh McLennan, CNBC's Silvia Amaro, Saadia Zahidi Organizations: Zurich Insurance Group Locations: Carolina, Europe

☆ Global economy set for its worst half decade of growth in 30 years, World Bank says
▼ + stars: | 2024-01-09 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

The global economy is on course to record its worst half decade of growth in 30 years, according to the World Bank. Global growth is forecast to slow for the third year in a row in 2024, dipping to 2.4% from 2.6% in 2023, the organization said in its latest "Global Economic Prospects" report released Tuesday. And despite the global economy proving resilient in the face of recessionary risks in 2023, increased geopolitical tensions will present fresh near-term challenges, the organization said, leaving most economies set to grow more slowly in 2024 and 2025 than they did in the previous decade. Escalation of these conflicts could have significant implications for energy prices that could have impacts on inflation as well as on economic growth," Ayhan Kose, the World Bank's deputy chief economist and director of the Prospects Group, told CNBC's Silvia Amaro. The bank warned that without a "major course correction," the 2020s will go down as "a decade of wasted opportunity."

Persons: CNBC's Silvia Amaro Organizations: World Bank Locations: Eastern Europe, Russian, Ukraine

☆ Ukraine war live updates: Winter storms batter Russia and Ukraine, wreaking havoc, death and destruction ... but war continues
▼ + stars: | 2023-11-28 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

NATO's Secretary-General Jens Stoltenberg told CNBC it would be a "tragedy" for Ukrainians if Russian President Vladimir Putin wins the war. Therefore we will be more vulnerable if President Putin wins so it's in our security interests to support Ukraine," he told CNBC's Silvia Amaro in Brussels. Concerns have grown recently that public support for continued military funding for Ukraine has declined. Stoltenberg said bipartisan support for Ukraine remained strong in the U.S., despite some rumblings of Republican discontent over military aid. "I'm absolutely confident that the United States understands that it's dangerous for the United States if President Putin wins in Ukraine," he said.

Persons: Jens Stoltenberg, Vladimir Putin, Stoltenberg, Putin, CNBC's Silvia Amaro, — Holly Ellyatt Organizations: CNBC, Kyiv, Ukraine Locations: Ukraine, Moscow, Beijing, Brussels, Europe, U.S, United States

Third-quarter net profit was 1.031 billion euros ($1.06 billion), above an analyst consensus of quarterly net profit attributable to shareholders of 997 million euros, according to LSEG data. The bank's third-quarter net profit was down 8% on the previous year and up 35% on the quarter, amid ongoing struggles in the lender's investment unit. It also said it had scope to release up to an additional 3 billion euros in capital and would increase and accelerate shareholder distributions. The provision for credit losses was 200 million euros, compared to 350 million in the same quarter of last year. Analysts at UBS said Deutsche Bank had delivered a "major improvement in capital" and "robust operational performance," flagging that pre-tax profit of 1.723 billion euros was 9% above consensus.

Persons: James von Moltke, CNBC's Silvia Amaro, von Moltke Organizations: Deutsche Bank, UBS Locations: London

☆ Inflation unlikely to come down without a recession, says Société Générale chairman
▼ + stars: | 2023-10-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation unlikely to come down without a recession, says Société Générale chairmanLorenzo Bini Smaghi, chairman of Société Générale, joins CNBC's Silvia Amaro during the IMF meetings to discuss his forecast on global inflation and the possibility of a soft landing.

Persons: Société Générale, Lorenzo Bini Smaghi, Société, CNBC's Silvia Amaro

☆ LSEG CEO: Microsoft partnership allowing new developments
▼ + stars: | 2023-10-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLSEG CEO: Microsoft partnership allowing new developmentsDavid Schwimmer, CEO of the London Stock Exchange Group, speaks to CNBC's Silvia Amaro at the IMF's annual meetings in Marrakech.

Persons: David Schwimmer, CNBC's Silvia Amaro Organizations: Microsoft, London Stock Exchange Group Locations: Marrakech

☆ Greek PM: Worried over U.S. situtation for aid to Ukraine
▼ + stars: | 2023-10-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGreek PM: Worried over U.S. situtation for aid to UkraineGreek Prime Minister Kyriakos Mitsotakis speaks to CNBC's Silvia Amaro at the summit of the European Political Community in Granada, Spain.

Persons: Kyriakos Mitsotakis, CNBC's Silvia Amaro Organizations: Ukraine Greek, Political Community Locations: Ukraine, Granada, Spain

☆ Norway PM: Not 'strange' there is debate over Ukraine aid
▼ + stars: | 2023-10-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNorway PM: Not 'strange' there is debate over Ukraine aidJonas Gahr Store, the prime minister of Norway, speaks to CNBC's Silvia Amaro from the summit of the European Political Community in Granada, Spain.

Persons: Jonas Gahr, CNBC's Silvia Amaro Organizations: Norway, Political Community Locations: Ukraine, Norway, Granada, Spain

☆ European Parliament president: Support for Ukraine as unanimous as it has always been
▼ + stars: | 2023-10-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEuropean Parliament president: Support for Ukraine as unanimous as it has always beenRoberta Metsola, president of the European Parliament, speaks to CNBC's Silvia Amaro regarding discussions, or lack thereof, on Ukraine among European leaders.

Persons: Roberta Metsola, CNBC's Silvia Amaro Locations: Ukraine

☆ Shipping giant Maersk is seeing tentative signs of a bounce back in global trade
▼ + stars: | 2023-09-15 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +2 min

Containers of Danish shipping and logistics company Maersk are seen in Copenhagen, Denmark, on September 14, 2023. Sergei Gapon | Afp | Getty ImagesThere are tentative signs of a bounce back in global trade, according to the CEO of shipping titan Maersk. North America is also looking strong for the next year, despite having faltered along with many other major economies due to macroeconomic factors, including Russia's full-scale invasion of Ukraine and tensions with China. "As this starts to normalize and works itself out, we will see a rebound in demand," Clerc said. "I would say emerging markets and North America are certainly the points where we see the most upside potential," he added.

Persons: Sergei Gapon, Vincent Clerc, CNBC's Silvia Amaro, Clerc, Kristalina Georgieva Organizations: Maersk, Afp, Getty, Consumers, IMF, CNBC Locations: Copenhagen, Denmark, U.S, Europe, India, Latin America, Africa, North America, Ukraine, China

☆ Maersk CEO says the shipping giant is supportive of a carbon tax on the industry
▼ + stars: | 2023-09-14 | by ( Silvia Amaro | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMaersk CEO says the shipping giant is supportive of a carbon tax on the industryVincent Clerc, CEO of Maersk, speaks to CNBC's Silvia Amaro about the idea of a global shipping tax.

Persons: Vincent Clerc, CNBC's Silvia Amaro Organizations: Email, Maersk

☆ Microsoft to unbundle Teams software in Europe in bid to abate EU antitrust concerns
▼ + stars: | 2023-08-31 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

Silhouettes of laptop users are seen next to a screen projection of Microsoft logo in this photo illustration. U.S. tech giant Microsoft on Thursday said it will unbundle its chat and videoconference service Teams from its Microsoft 365 and Office 365 products, in a bid to allay European Union antitrust concerns. European Union regulators had in July opened an antitrust investigation into Microsoft's bundling of Teams with other Office products, citing anti-competitive concerns. "We appreciate the clarity that has emerged on several of the concerns from extensive and constructive discussions with the European Commission. With the benefit of this clarity, we believe it is important that we start to take meaningful steps to address those concerns," Nanna-Louise Linde, vice president of Microsoft European Government Affairs, said Thursday in a blogpost.

Persons: Nanna, Louise Linde, — CNBC's Silvia Amaro Organizations: Microsoft, European Union, European Commission, Microsoft European Government Affairs, CNBC Locations: Swiss

☆ The EU struck a landmark recovery deal during Covid. Here's where the money has gone so far
▼ + stars: | 2023-08-17 | by ( Silvia Amaro | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe EU struck a landmark recovery deal during Covid. Here's where the money has gone so farCNBC's Silvia Amaro reports on the state of play for EU Covid recovery funds, a historic deal that could raise as much as 750 billion euros.

Persons: Silvia Amaro Organizations: EU Locations: Here's

☆ European markets choppy after downbeat week; Commerzbank down 5%
▼ + stars: | 2023-08-04 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +1 min

Commerzbank shares were down 5% in the first hour of trading, despite announcing strong half-year results, with net profits up by almost 50% to 1.1 billion euros ($1.2 billion). Commerzbank completed its first share buyback program in June, in which it purchased more than 12 million of its own shares, with a value of 122 million euros at an average price of around 10.05 euros per share. The bank's CFO Bettina Orlopp told CNBC's Silvia Amaro that Commerzbank was "satisfied" with the strong results, in an interview that took place before European markets opened. Commerzbank also raised its outlook for net income interest from 7 billion euros to 7.8 billion euros, well above the net income for 2022, and showed optimism for the upcoming year. "We are very confident that we will reach our 2024 targets, so there are no worries here," Orlopp said.

Persons: Commerzbank, Bettina Orlopp, CNBC's Silvia Amaro, Orlopp, — Hannah Ward, Glenton

☆ China's a very important trading partner, Port of Antwerp-Bruges says
▼ + stars: | 2023-08-01 | by ( Silvia Amaro | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's a very important trading partner, Port of Antwerp-Bruges saysCNBC's Silvia Amaro reports from the Port of Antwerp-Bruges, analyzing China's strategic investments in the European continent.

Persons: CNBC's Silvia Amaro Organizations: Port Locations: Port of Antwerp, Bruges

☆ Deutsche Bank beats expectations despite 27% drop in profit, jump in costs
▼ + stars: | 2023-07-26 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

A Deutsche Bank AG branch in the financial district of Frankfurt, Germany, on Friday, May 6, 2022. Alex Kraus | Bloomberg | Getty ImagesDeutsche Bank on Wednesday reported a net profit of 763 million euros ($842 million) for the second quarter of 2023, narrowly beating expectations despite a 27% year-on-year decline. related investing news Citi downgrades Goldman Sachs, says targets will take time to be reached We're selling some shares of this health-care company and changing our rating However, second-quarter non-interest expenses rose 15% year-on-year to 5.6 billion euros, with adjusted costs up 4% to 4.9 billion euros. Nonoperating costs includes 395 million euros in litigation charges and 260 million euros in "restructuring and severance related to execution of strategy." In its first-quarter report, the bank flagged job cuts for its non-client facing staff and reported a sharper-than-expected year-on-year fall in investment bank revenues.

Persons: Alex Kraus, Citi downgrades Goldman Sachs, James von Moltke, CNBC's Silvia Amaro, von Moltke, we've Organizations: Deutsche Bank AG, Bloomberg, Getty Images Deutsche Bank, Citi, Deutsche Bank, CNBC Locations: Frankfurt, Germany

☆ UK PM Rishi Sunak will be traveling to the U.S. to discuss economic cooperation
▼ + stars: | 2023-06-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUK PM Rishi Sunak will be traveling to the U.S. to discuss economic cooperationU.K. Prime Minister Rishi Sunak is traveling to the U.S. next week and told CNBC's Silvia Amaro he will be looking to enhance economic cooperation while in Washington, D.C.

Persons: Rishi Sunak, CNBC's Silvia Amaro Organizations: U.S Locations: Washington ,

☆ British PM Rishi Sunak says Ukraine's rightful place is in NATO
▼ + stars: | 2023-06-01 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

U.K. Prime Minister Rishi Sunak said Thursday that Ukraine's "rightful place" is within the NATO military alliance. Sunak said he agreed with comments made earlier Thursday by NATO Secretary-General Jens Stoltenberg that Ukraine is on the path toward NATO membership. "I agree with the NATO Secretary-General: Ukraine's rightful place is in NATO," Sunak told CNBC's Silvia Amaro. Britain's prime minister said that allied nations were sending a "strong signal" to Russian President Vladimir Putin that they would safeguard Ukraine's security arrangements for the long term. Sunak was speaking in Moldova, where heads of state from EU and non-EU countries are gathered for the second annual meeting of the European Political Community.

Persons: Rishi Sunak, Sunak, Jens Stoltenberg, Ukraine's, CNBC's Silvia Amaro, Britain's, Vladimir Putin, we're Organizations: NATO, EU, Political Locations: Ukraine, Russian, Moldova, EU

Search resuls for: "CNBC's Silvia Amaro"

25 mentions found