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— - 5 Ola Källenius - 3 Källenius - 3 Carlos Tavares - 2 Tavares - 2 Jim Farley - 2 Larry Fink - 2 Fink - 2
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12 mentions found


☆ BMW CEO: A 2035 gasoline ban will hit the European car industry 'in its heart' and make it reliant on Chinese batteries
  + stars: | 2024-10-16 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com   time to read: +4 min
BMW CEO Oliver Zipse says a 2035 gasoline ban will hit the European auto industry. Zipse's warnings come amid fears in the auto industry of a Darwinistic price war with China. AdvertisementA "correction" of the planned 2035 gasoline vehicle ban, Zipse said, would help reduce European OEMs' reliance on China for batteries. This, Tavares said, is because automakers will have to continue to invest in both electric and gasoline vehicles, thus incurring higher costs. Mercedes-Benz CEO Ola Källenius told attendees at the Berlin Global Dialogue conference on October 2 that the Western auto industry is fighting a "Darwinistic-like price war" with their Chinese rivals.
Persons: Oliver Zipse, —, Zipse, weren't, Carlos Tavares, helms, Tavares, Ola Källenius, Källenius Organizations: BMW, Service, Union, Paris Automotive Summit, EU, Zipse, BMW didn't, Business Insider, Western, Chrysler, Fiat, Maserati, Peugeot, Financial Times, European Automobile Manufacturers ' Association, Benz, Berlin Global Locations: China, Europe
☆ Automakers will find themselves in a 'big trap' if the transition toward EVs slows down, Stellantis CEO says
  + stars: | 2024-10-15 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com   time to read: +4 min
Stellantis CEO Carlos Tavares says automakers will have a tough time if the EV transition slows. "Making a transition for EVs longer is a big trap," Tavares said. AdvertisementAutomakers will find themselves in a "big trap" if the industry's transition toward electric vehicles slows down, Stellantis CEO Carlos Tavares said on Monday. "Making a transition for EVs longer is a big trap," Tavares said. AdvertisementSeveral auto chiefs have raised concerns about the rise of Chinese automakers.
Persons: Carlos Tavares, Tavares, —, It's, Stellantis didn't, William Roberts, BI's Tom Carter, Dylan Khoo, BI's Carter, EVs, Khoo, Jim Farley, Ola Källenius, Källenius Organizations: Service, Financial Times, Paris, Financial, Chrysler, Fiat, Maserati, Peugeot, Business Insider, European Automobile Manufacturers ' Association, Rho Motion, ABI Research, Research, BI, Street, Benz, Berlin Global Locations: Europe, Germany, Thailand, Brazil, China
☆ The Western auto industry is now locked in a 'Darwinian' make-or-break battle with China, the chiefs of 2 major automakers warn
  + stars: | 2024-10-07 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com   time to read: +4 min
Mercedes-Benz CEO Ola Källenius says automakers need to hunker down if they want to beat the Chinese. Ford's CEO, meanwhile, called the Chinese auto industry an "existential threat" after a visit to the country in May. When it comes to competing in the EV market, Western automakers have been left playing a game of catch-up with the Chinese. Chinese automakers like BYD have been expanding into Southeast Asian countries like Thailand, as well as developing markets like Brazil and Mexico. The crippling trade restrictions effectively shut them out of the US auto market.
Persons: Ola Källenius, Källenius, —, Mercedes, isn't, Jim Farley, Farley wasn't, Farley, John Lawler, Lawler Organizations: Mercedes, Benz, Service, Ford, Berlin Global, EV, Källenius, Business Insider, Wall Street, Changan Automobile, Research, BI, European Union, Financial Times Locations: China, Thailand, Brazil, Mexico, Western
☆ Investors are realizing the economic cost of climate disruptions, Germany's climate envoy says
  + stars: | 2024-10-02 | 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 EmailInvestors are realizing the economic cost of climate disruptions, Germany's climate envoy saysJennifer Morgan, state secretary and special envoy for international climate action for Germany, discusses global climate policy at the Berlin Global Dialogue.
Persons: Jennifer Morgan Organizations: Berlin Locations: Germany
☆ BlackRock's CEO says China is the biggest supporter of Russia's economy amidst the Ukraine war
  + stars: | 2024-10-02 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com   time to read: +3 min
Larry Fink says China is the biggest, fundamental supporter of Russia's economy. AdvertisementChina is Russia's biggest war backer, BlackRock chairman and CEO Larry Fink said on Tuesday. "Russia's biggest supporter and fundamental supporter of the Russian economy is China. "We have businesses in China, I'm sure everybody here has some businesses in China," Fink said. In July, Finland's President Alexander Stubb told Bloomberg in an interview that Russia's reliance on China means the Asian giant could end the Ukraine war if it wanted to.
Persons: Larry Fink, Fink, " Fink, China's, —, there's, hasn't, William J, Burns, Alexander Stubb, Xi Jinping, Stubb Organizations: BlackRock, Service, Berlin Global, Bloomberg, Business Insider, CIA, Foreign Affairs Locations: China, Russia, Russia's, Ukraine, BlackRock
☆ We have seen a reluctance from Iran to engage in escalatory activity, says IISS CEO
  + stars: | 2024-10-01 | 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 EmailWe have seen a reluctance from Iran to engage in escalatory activity, says IISS CEOBastian Giegerich, director-general & CEO of IISS, discusses geopolitics at the Berlin Global Dialogue with CNBC.
Persons: Bastian Giegerich Organizations: Berlin, CNBC Locations: Iran
☆ Bill Ackman and Larry Fink see US Treasury yields hitting 5%: 'Like literally weeks'
  + stars: | 2023-09-29 | by ( Filip De Mott | ) www.businessinsider.com   time to read: +3 min
Wall Street heavyweights Larry Fink and Bill Ackman see US Treasury yields reaching 5%. AdvertisementAdvertisementWall Street heavyweights Bill Ackman and Larry Fink see inflation remaining higher and expect US Treasury yields to soon hit 5%. On Friday, the 10-year yield pulled back to 4.565% after surging to its highest level since 2007 earlier in the week. AdvertisementAdvertisementAnd that could keep US Treasury yields higher as they move on expectations of Fed rate policy. Other commentators have also suggested higher yields, especially as a supply and demand imbalance exists in the Treasury market.
Persons: Larry Fink, Bill Ackman, Ackman, —, Fink, Jamie Dimon, Bill Gross Organizations: Service, Pershing, Capital, CNBC's, Alpha, BlackRock, Berlin, JPMorgan, Federal Reserve, Treasury
☆ German businesses are searching for alternatives to China, advisor says
  + stars: | 2023-06-20 | 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 EmailGerman businesses are searching for alternatives to China, advisor saysSpeaking as Chancellor Olaf Scholz met with China's Premier Li Qiang, Eberhard Sandschneider, partner at advisory firm Berlin Global Advisors, says it is in the interests of German industry to maintain good relations with China.
Persons: Olaf Scholz, China's Premier Li Qiang, Eberhard Sandschneider Organizations: China's Premier, Global Advisors Locations: China
☆ After a year of death and destruction, Ukraine braces itself for a major escalation in the war
  + stars: | 2023-02-24 | by ( Holly Ellyatt | ) www.cnbc.com   time to read: +9 min
Emergency service workers extinguish a fire after shelling on the Bakhmut frontline in Ivanivske, Ukraine as Russia-Ukraine war continues on January 02, 2023. Anadolu Agency | Anadolu Agency | Getty ImagesWhen Russia invaded Ukraine a year ago, it shocked the world. Russia and Ukraine have only published data sporadically on their own casualty rates in the war — so we have to rely on estimates. One former NATO official told CNBC that, sooner or later, Ukraine would need to be given combat aircraft. Kenzo Tribouillard | Afp | Getty ImagesAsked whether he believed Ukraine could prevail and win the war before the end of 2023, Shea said two things need to happen: Western weapons need to arrive quickly and Ukraine must be given aircraft.
☆ Analyst sees move away from investment in Chinese tech, security
  + stars: | 2023-02-23 | 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 EmailAnalyst sees move away from investment in Chinese tech, securityThere will be a strong decoupling from China in tech and security, according to the CEO of Berlin Global Advisor Jan Kallmorgen, who doesn't advise investing in the country.
☆ Retaining domestic power high in Putin's agenda, says former German ambassador to Russia
  + stars: | 2023-02-01 | 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 EmailRetaining domestic power high in Putin's agenda, says former German ambassador to RussiaRüdiger von Fritsch, former German ambassador to Russia and partner at Berlin Global Advisors, discusses the status of the Russian invasion of Ukraine, why the war has gone bad for Vladimir Putin, and how that is influencing the geopolitical balance.
☆ No alternative but dialogue between Germany and China: Berlin Global Advisors
  + stars: | 2022-11-04 | 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 EmailNo alternative but dialogue between Germany and China: Berlin Global AdvisorsEberhard Sandschneider, partner at Berlin Global Advisors, discusses what German Chancellor Olaf Scholz's visit to Beijing means for the economic and political landscape of both countries.
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