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Michael Miebach - 3 Miebach - 2 Xi Jinping - 1 Joe Biden - 1 Xi - 1 Elon Musk - 1 Tim Cook - 1 China UnionPay - 1
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Search resuls for: "Miebach"


6 mentions found


☆ Mastercard will soon be widely accepted in China
  + stars: | 2023-11-21 | by ( Michelle Toh | ) edition.cnn.com   time to read: +3 min
The US credit card giant announced Monday that it had received clearance from China’s central bank and the financial regulator to launch a bank card business in China through its joint venture with partner NetsUnion Clearing Corporation (NUCC). Mastercard (MA) will be able to start issuing Chinese yuan-denominated bank cards under its own brand, according to a Sunday statement from the People’s Bank of China (PBOC). Mastercard CEO Michael Miebach took part in a CEO summit on the sidelines of the Asia-Pacific Economic Cooperation (APEC) forum that Xi and other leaders from across the Pacific were in town to attend. Like other foreign payments providers, Mastercard has campaigned for years to expand its business in China. Previously, it was only authorized to issue co-branded cards, such as those with China UnionPay, the state-owned bank card network.
Persons: Xi Jinping, Joe Biden, Xi, Michael Miebach, Elon Musk, Tim Cook, Miebach, China UnionPay, Amex Organizations: Hong Kong CNN, Mastercard, NetsUnion Clearing, People’s Bank of China, New, San Francisco Bay Area, Economic Cooperation, Apple, American Express, Visa Locations: China, Hong Kong, Beijing, Washington, New York, San Francisco Bay, United States, Asia
☆ More Than 700 Million People Don't Know When — or if — They Will Eat Again, UN Food Chief Says
  + stars: | 2023-09-15 | by ( Associated Press | Sept. | At A.M. | ) www.usnews.com   time to read: +5 min
UNITED NATIONS (AP) — A global hunger crisis has left more than 700 million people not knowing when or if they will eat again, and demand for food is rising relentlessly while humanitarian funding is drying up, the head of the United Nations food agency said Thursday. According to WFP estimates from 79 countries where the Rome-based agency operates, up to 783 million people — one in 10 of the world’s population — still go to bed hungry every night. More than 345 million people are facing high levels of food insecurity this year, an increase of almost 200 million people from early 2021 before the COVID-19 pandemic, the agency said. A business can use its expertise, he said, to strengthen infrastructure, “innovate new approaches and deliver solutions at scale” to improve humanitarian operations. “The public sector must harness the expertise of the private sector and translate it into action.”
Persons: Cindy McCain, ”, John McCain, —, ” McCain, Michael Miebach, Miebach, Jared Cohen, Goldman Sachs, Cohen, Lana Nusseibeh, “, Nusseibeh, Linda Thomas, Greenfield, ” Thomas Organizations: UNITED NATIONS, United, Food Program, . Security, WFP, Mastercard, United Arab Emirates, U.S Locations: United Nations, U.S, Rome, Ukraine, UAE, Haiti, United States
☆ Mastercard CEO: As long as the consumer is resilient Powell's 'soft landing' could happen
  + stars: | 2023-06-28 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMastercard CEO: As long as the consumer is resilient Powell's 'soft landing' could happenMichael Miebach, Mastercard CEO, joins 'Closing Bell Overtime' to discuss the state of the consumer, where people are spending money and more.
Persons: Michael Miebach Organizations: Mastercard
☆ A.I. mentions in earnings calls skyrocket this season. What executives are saying
  + stars: | 2023-05-01 | by ( Alex Harring Nick Wells | Alex Harring | Nick Wells | ) www.cnbc.com   time to read: +8 min
By comparison, less than 5% of companies mentioned AI in analyst calls held during the first quarter of 2016. Big Tech mentions jump AI has been a growing theme in Big Tech as companies try to capitalize on the wave following 2022's selloff. In calls from Big Tech companies alone, AI was mentioned 265 times. Executives at real estate company UDR said its AI chat has a 10% higher closing rate than normal call centers. Interpublic Group of Companies CEO Philippe Krakowsky noted the advertising company brought on a chief AI officer two years ago.
☆ Resilience is the name of the game, says Mastercard CEO Michael Miebach
  + stars: | 2023-01-18 | 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 EmailResilience is the name of the game, says Mastercard CEO Michael MiebachCNBC's Sara Eisen talks with Mastercard CEO, Michael Miebach to discuss future of the company, banks, the consumer, inflation and more.
☆ Consumer spending is slowing, but there are still pockets of strength in these three sectors
  + stars: | 2022-07-28 | by ( Robert Hum | ) www.cnbc.com   time to read: +4 min
Despite new signs of slowing consumer demand, pockets of strength remain in travel, payments and autos. "Travel demand surged in the second quarter, and thus far, strong demand trends continue in the third quarter," CEO Bob Jordan said. Credit card companies have been showing no signs of a letup in consumer spending, too. Remember, American Express reported very strong travel and entertainment spending . And here's the key line in the release from CEO Michael Miebach who said, "Increasing inflationary pressures have yet to significantly affect overall consumer spending."
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