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☆ CNBC’s Hadley Gamble, Who Alleged Former NBCUniversal CEO Sexually Harassed Her, Is Leaving Network
▼ + stars: | 2023-05-09 | by ( Joseph De Avila | ) www.wsj.com time to read: 1 min

NBCUniversal’s CEO Jeff Shell is leaving the company effective immediately after an investigation into a complaint of inappropriate conduct, parent company Comcast Corp. said on Sunday. Photo: Patrick T. Fallon/Bloomberg NewsCNBC International anchor Hadley Gamble , who accused former NBCUniversal Chief Executive Jeff Shell of sexual harassment and sex discrimination, is leaving the network, CNBC said. “Gamble has been a distinguished journalist for more than a decade for CNBC, undertaking highly visible and challenging assignments, and developing deep expertise in the Middle East and beyond,” a CNBC spokesperson said in a statement Tuesday. “We wish her every success in her future endeavors.”

☆ CNBC Parts Ways With Anchor Who Made Accusations Against NBCUniversal C.E.O.
▼ + stars: | 2023-05-09 | by ( Benjamin Mullin | ) www.nytimes.com time to read: 1 min

CNBC on Tuesday said it was parting ways with Hadley Gamble, an anchor and senior correspondent who accused the former chief executive of NBCUniversal, the network’s parent division, of sexual harassment. In a brief and effusive statement, CNBC called Ms. Gamble, who worked for more than a decade at the business news network, “a distinguished journalist” who had developed “deep experience in the Middle East and beyond.”“Her initiative and drive have secured valuable interviews with several world political leaders. We wish her every success in her future endeavors,” the statement said. CNBC and Ms. Gamble reached an agreement for her to leave the company, according to a person familiar with knowledge of the decision. The person declined to provide details.

☆ Syria reinstated to Arab League after 12-year suspension
▼ + stars: | 2023-05-08 | 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 EmailSyria reinstated to Arab League after 12-year suspensionSyrian membership has been reinstated to the Arab League after a 12-year suspension. CNBC's Hadley Gamble reports.

☆ 'We love competition': Qatar Airways CEO welcomes new Saudi carrier
▼ + stars: | 2023-05-02 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Qatar Airways says it welcomes the competition from the new Saudi Arabian flag carrier Riyadh Air, although acknowledging a range of challenges and headwinds that the wider industry is currently facing. "We love competition," Qatar Airways CEO Akbar Al Baker told CNBC's Hadley Gamble at the Arabian Travel Market conference in Dubai Monday. Launched in March, Riyadh Air will be the second flag carrier of Saudi Arabia, with a main operational base in Riyadh and wholly owned by Saudi Arabia's Public Investment Fund. But the new competition in the region might not mean cheaper air fares. "If you want cheap fares, then you have to go and fly airlines that also have a cheap product," he added.

☆ One-pilot planes are a possibility as aviation embraces A.I., Emirates president says
▼ + stars: | 2023-05-02 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: 1 min

Tim Clark, Emirates president, says we "might" see one-pilot aircraft in the future. As the aviation sector starts to embrace artificial intelligence, planes flying with just one pilot are a possibility, according to Emirates President Tim Clark. "You might see a one-pilot aircraft," Clark told CNBC's Hadley Gamble Tuesday, but said it will likely take some time to come to fruition — and might not necessarily be what passengers want. "[Passengers] like to think there are two pilots up there," he added. As the scale and power of artificial intelligence rapidly increase, it is important that the aviation sector takes a step back and assesses the difference it could make, Clark said, adding: "Harness it, use it.

☆ CNBC Anchor Complained NBCUniversal C.E.O. Pressured Her for Years
▼ + stars: | 2023-05-02 | by ( Benjamin Mullin | ) www.nytimes.com time to read: +1 min

A CNBC journalist accused Jeff Shell, the former chief executive of NBCUniversal, of pressuring her for sex over a period of years during her career at the business news network, according to a copy of her complaint reviewed by The New York Times. The complaint, lodged in late March by Hadley Gamble, an anchor and senior international correspondent, kicked off an investigation that led to Mr. Shell’s dismissal last week, sending shock waves across a far-flung media empire that includes NBC News, the Universal movie studio and DreamWorks Animation. Less than a page of Ms. Gamble’s complaint, which is more than a dozen pages, focused on allegations of sexual harassment by Mr. Much of the complaint raised accusations of bullying and discrimination at CNBC, saying women at the network’s international division were harassed by their male colleagues on several different occasions. Comcast, NBCUniversal’s parent company, hired the law firm Gibson, Dunn & Crutcher to investigate the complaint after it was sent to the company’s executives in New York and London.

☆ Inside NBCUniversal, female execs are eyeing leadership's next moves after CEO Jeff Shell's ouster over 'inappropriate relationship': 'We're watching'
▼ + stars: | 2023-05-01 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

NBCUniversal insiders are reeling after chief Jeff Shell's stunning departure and asking questions about what's next for the Comcast division. News of Shell's hasty exit dropped April 23 after an investigation into what he called an "inappropriate relationship" with a company employee. "It's shocking," said one employee, wondering how an executive at Shell's level would take such a risk with his career. Two staffers also grumbled that the company hasn't widely addressed the matter internally since its terse statement announcing Shell's exit. Keeping Cavanagh atop NBCU could serve another purpose — to help bring about a merger of Comcast with Warner Bros.

☆ NBCUniversal insiders are asking what's next after CEO Jeff Shell's 'shocking' exit, and female execs are watching leadership closely after a string of high-profile sexual allegations
▼ + stars: | 2023-04-26 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

They're asking what Comcast exec Mike Cavanagh's elevation to handle Shell's remit means for NBCU's future. NBCUniversal insiders are reeling after chief Jeff Shell's stunning departure and asking questions about what's next for the Comcast division. News of Shell's hasty exit dropped Sunday after an investigation into what he called an "inappropriate relationship" with a company employee. "It's shocking," said one employee, wondering how an executive at Shell's level would take such a risk with his career. Keeping Cavanagh atop NBCU could serve another purpose — to help bring about a merger of Comcast with Warner Bros.

New York CNN —Comcast said Monday it fired NBCUniversal CEO Jeff Shell after corroborating a female employee’s allegations of sexual harassment. An attorney representing CNBC anchor and senior international correspondent Hadley Gamble acknowledged Comcast investigated Shell because of her client’s complaint. After looking into the allegations, Comcast moved quickly to remove Shell, they said. But in a filing with the Securities and Exchange Commission, Comcast said it fired Shell due to allegations of sexual harassment. “Following a complaint that Jeffrey Shell, CEO of NBCUniversal, engaged in inappropriate conduct with a female employee, including allegations of sexual harassment, Comcast Corporation retained outside counsel to investigate the allegations,” the filing said.

☆ NBCUniversal’s C.E.O. Was Fired After Harassment Complaint
▼ + stars: | 2023-04-24 | by ( Benjamin Mullin | ) www.nytimes.com time to read: +1 min

Jeff Shell was fired as NBCUniversal’s chief executive after an anchor at one of the company’s news networks lodged a sexual harassment complaint against him, a lawyer for the anchor said on Monday. Shell was fired on Sunday for cause and would not receive severance pay. Comcast, the owner of NBCUniversal, said in a securities filing Monday afternoon that it had uncovered evidence that corroborated the sexual harassment complaints. Shell was leaving the company after an investigation into a complaint about an inappropriate workplace relationship. Shell did not comment on the sexual harassment claims.

☆ NBCUniversal CEO Jeff Shell exits after an 'inappropriate relationship,' shocking insiders, and Comcast won't rush to replace him as corporate exec Mike Cavanagh steps up
▼ + stars: | 2023-04-24 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +5 min

NBCUniversal CEO Jeff Shell's exit shocked company insiders and all of Hollywood. NBCUniversal CEO Jeff Shell's bombshell departure on Sunday night was a surprise to the well-regarded executive and also to his closest colleagues. Deadline reported that Shell's relationship was with CNBC's senior international correspondent, Hadley Gamble, which lasted 11 years but had ended a couple of years ago. "Comcast is as buttoned-up and straight as ever — this is a black eye for Brian Roberts," the Comcast CEO. A second company insider, however, said that Cavanagh is expected to remain in the role for some time.

☆ Israel’s Netanyahu says damage to investor confidence ‘a momentary problem’ as mass protests persist
▼ + stars: | 2023-04-19 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

Protestors gather in Tel Aviv on April 15 to stage a protest against Israeli Prime Minister Benjamin Netanyahu's government's regulations restricting the powers of the judiciary. Israeli Prime Minister Benjamin Netanyahu on Wednesday dismissed concerns about damaged investor confidence, despite massive and intensifying weekly protests over his planned overhaul of the country's judiciary. I think the momentary fluff, the momentary dust that is in the air is just that — dust. The country has been rocked by mass protests over the government's months-long bid to push through deeply contentious judicial reforms. Netanyahu, re-elected in November to serve as prime minister for a third time, agreed late last month to delay the planned judicial reforms.

☆ Watch CNBC’s full interview with Israeli Prime Minister Benjamin Netanyahu
▼ + stars: | 2023-04-19 | 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 EmailWatch CNBC’s full interview with Israeli Prime Minister Benjamin NetanyahuBenjamin Netanyahu, Israel’s prime minister speaks to CNBC’s Hadley Gamble in a wide-ranging interview. He discusses warming ties between Saudi Arabia and Iran, China’s influence in the Middle East, violence against Palestinians at al-Aqsa mosque and Israel’s economic future.

☆ Israel PM cautions Saudi Arabia about Iran after China-brokered deal, urges greater U.S. presence
▼ + stars: | 2023-04-19 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +5 min

The China-brokered March 10 détente between long-term rivals Saudi Arabia and Iran has dealt a blow to Netanyahu's diplomatic crusade of pursuing Tehran's political isolation. I think that Saudi Arabia, the leadership there, has no illusions about who are their adversaries, and who are their friends." Before that, footage of Israeli forces beating worshippers in Jerusalem's al-Aqsa mosque during the Arabic holy month of Ramadan drew international condemnations, including from Saudi Arabia. "We'd like very much to have peace with Saudi Arabia. watch nowNarrowing down to just the potential of a relationship with Saudi Arabia, Netanyahu said, "I think the sky's the limit.

☆ UAE's ruler breaks with tradition and appoints his son as crown prince
▼ + stars: | 2023-03-30 | 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 EmailUAE's ruler breaks with tradition and appoints his son as crown princeUAE President Sheikh Mohammed bin Zayed al-Nahyan passed over his brothers, promoting them to senior roles and effectively pushed them out of the succession. CNBC's Hadley Gamble reports.

☆ Saudi National Bank chairman resigns after Credit Suisse debacle
▼ + stars: | 2023-03-27 | 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 EmailSaudi National Bank chairman resigns after Credit Suisse debacleCNBC's Hadley Gamble reports on the resignation of Ammar Al Khudairy, chairman of Credit Suisse's largest shareholder Saudi National Bank.

☆ Mass protests erupt after Israeli Prime Minister Netanyahu fires defense minister
▼ + stars: | 2023-03-27 | 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 EmailMass protests erupt after Israeli Prime Minister Netanyahu fires defense ministerCNBC's Hadley Gamble discusses Israeli Prime Minister Benjamin Netanyahu's decision to sack Defense Minister Yoav Gallant for pushing back on planned judicial reforms.

☆ Saudi National Bank says panic over Credit Suisse is 'unwarranted'
▼ + stars: | 2023-03-16 | by ( Jihye Lee | ) www.cnbc.com time to read: +1 min

Credit Suisse 's largest shareholder Saudi National Bank said the market turmoil in shares of the Swiss lender was "unwarranted." "If you look at how the entire banking sector has dropped, unfortunately, a lot of people were just looking for excuses," Saudi National Bank chairman Ammar Al Khudairy told CNBC's Hadley Gamble on Thursday. I believe completely unwarranted, whether it be for Credit Suisse or for the entire market," he said on CNBC's "Capital Connection." His comments come hours after Credit Suisse announced that it is taking "decisive action" to borrow up to 50 billion Swiss francs ($53.68 billion). The lender's shares plunged Wednesday after a report that the Saudi bank said it could not provide Credit Suisse with any further financial assistance.

☆ European markets set to rally after Swiss central bank steps in to help Credit Suisse
▼ + stars: | 2023-03-16 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

The chairman of Credit Suisse's largest shareholder, Saudi National Bank, told CNBC's Hadley Gamble that the recent market turmoil in the banking sector is "isolated" and stems from "a little bit of panic." He added that Credit Suisse has not asked Saudi National Bank for financial assistance. "There has been no discussions with Credit Suisse about providing assistance," he said. "I don't know where the word 'assistance' came from, there has been no discussions whatsoever since October," he said. His comments come after Credit Suisse announced it will be borrowing up to 50 billion Swiss francs ($53.68 billion) from the Swiss National Bank to shore up liquidity and investor confidence after its stock plunged Wednesday.

Commuters cycle past a Credit Suisse Group AG bank branch in Basel, Switzerland, on Tuesday, Oct. 25, 2022. Credit Suisse will present its third quarter earnings and strategy review on Oct. 27. Shares of Credit Suisse on Wednesday hit another all-time low for a second consecutive day, dropping by more than 24% at one point during the session. Credit Suisse's largest investor, Saudi National Bank, said it could not provide the Swiss bank with any further financial assistance, according to a Reuters report, sparking the latest leg lower. It's a regulatory issue," Saudi National Bank Chairman Ammar Al Khudairy told Reuters Wednesday. However, he added that the SNB is happy with Credit Suisse's transformation plan and suggested the bank was unlikely to need extra money.

☆ Boeing sells 78 Dreamliner planes to two Saudi airlines
▼ + stars: | 2023-03-15 | 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 EmailBoeing sells 78 Dreamliner planes to two Saudi airlinesBoeing sells 78 Dreamliner planes to Saudi airlines Saudia and newly established Riyadh Air. CNBC's Dan Murphy and Hadley Gamble discuss what that means for Saudi Arabia.

☆ Saudi Arabia could start investing in Iran 'very quickly,' finance minister Mohammed Al-Jadaan says
▼ + stars: | 2023-03-15 | by ( Natasha Turak | ) www.cnbc.com time to read: +3 min

watch nowSaudi Arabia may soon be investing in its longtime regional foe Iran following a breakthrough agreement reached between the two countries to re-establish diplomatic relations, the kingdom's Finance Minister Mohammed Al-Jadaan said Wednesday. Asked by CNBC's Hadley Gamble in Riyadh how soon the world might see the wealthy Saudi kingdom making significant investments into Iran and vice versa, Al-Jadaan replied: "I would say very quickly." "When people really stick to the principles of what was agreed, I think that that could happen very quickly. Some regional analysts and Western policymakers are skeptical as to whether the countries — Iran in particular — will stick to the pledges, which has yet to be seen. Still, the Saudi finance minister appeared optimistic.

☆ Credit Suisse chairman says Silicon Valley Bank crisis looks 'local and contained'
▼ + stars: | 2023-03-15 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland, November 3, 2021. The contagion effect from the recent collapse of Silicon Valley Bank is local and contained, said Credit Suisse Chairman Axel Lehmann on Wednesday. Embattled lenders Silicon Valley Bank and Silvergate were not subjected to strict enforcements that govern bigger banks in the U.S. and other parts of the world, Lehmann told CNBC's Hadley Gamble at a panel session in Riyadh. "So in this regard, I think [the contagion] is somewhat local and contained," he said. However, Silicon Valley Bank's fallout still serves as a "warning signal" for the overall market climate, the chairman cautioned.

☆ Most Russian individuals coming to Dubai are brought in by major multinational companies: Dubai tourism chief
▼ + stars: | 2023-03-02 | 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 EmailMost Russian individuals coming to Dubai are brought in by major multinational companies: Dubai tourism chiefHelal al-Marri, director general of Dubai's department of tourism and commerce marketing, tells CNBC's Hadley Gamble that most Russian individuals coming to Dubai are brought in by major multinational companies, as the West pressures the UAE to comply with sanctions.

☆ Critical for Kazakhstan to pursue oil export options outside of Russia, investor says
▼ + stars: | 2023-03-01 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

Kazakhstan's ability to diversify its seaborne crude oil export routes away from Russian territory is critical to the country's economy, the developer of an alternative port told CNBC. Once complete, the port could provide an alternative to Kazakhstan's main seaborne crude oil export route, which currently transports volumes across Russian territory via the 1,511-kilometer (939-mile) Caspian Pipeline Corporation's pipeline, for later shipment from the CPC terminal near Russian port Novorossiysk. Exports from the CPC terminal were intermittently disrupted in 2022, with Russia citing technical and regulatory issues. "Approximately 95% of oil is going through Russian territory, and we have seen some disturbance last year, and actually … it's quite a threat to the Kazakhstan economy, because we are depending on the oil revenues," Marabayev told CNBC on Wednesday. ExxonMobil's after-tax earnings linked to its Kazakh interests were roughly $2.5 billion in 2022.

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