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Fabien Pinckaers, CEO of Belgian-based enterprise software startup Odoo. OdooOdoo, a startup taking on SAP in the realm of enterprise software, boosted its valuation to 5 billion euros ($5.3 billion) in a secondary share round led by Alphabet 's venture fund and Sequoia Capital. "The reason everybody [has] failed [in this market] is that it's quite complex," Pinckaers told CNBC. The last time Odoo secured primary funding was in 2014, when it raised $10 million in a Series B round. Prior to the latest secondary round, Odoo was most recently valued by investors at 3.2 billion euros.
Persons: Fabien Pinckaers, Odoo, Pinckaers, Andrew Reed, Reed, He's, Billings, aren't, Alex Nichols, CapitalG, he's, bootstrapping, Odoo hasn't, Wallonie Organizations: Belgian, SAP, Sequoia Capital, CNBC, Enterprise, Sequoia, Summit Partners Locations: Belgium, India, billings, Sequoia
watch nowMoscow signaled to the West that it's ready for a nuclear confrontation after Ukraine was given permission to attack Russian territory — and appeared to quickly act on that greenlight — using U.S.-made long-range missiles. Ukrainian news outlets reported early Tuesday that the missiles had been used to attack a Russian military facility in the Bryansk border region. The Kremlin has repeatedly warned the West against allowing Ukraine to use its long-range weapons to attack Russia directly. Moscow upped the ante Tuesday as Russian President Vladimir Putin signed a decree approving its updated nuclear doctrine, shifting the parameters on when Russia can use nuclear weapons. "Aggression against the Russian Federation by any non-nuclear state with the participation or support of a nuclear state is considered a joint attack."
Persons: Vladimir Putin, it's, Dmitry Peskov, Peskov Organizations: Washington Sunday, Ministry of Defense, CNBC, Kyiv Post, Kremlin's, Russian Federation, Civil Defense, Emergencies, Russia's Emergencies Ministry Locations: Moscow, Ukraine, Russian, Bryansk, Russia, Belarus, Republic of Belarus
CNN —President Vladimir Putin has updated Russia’s nuclear doctrine, two days after his US counterpart Joe Biden granted Ukraine permission to strike targets deep inside Russia with US-made weapons. Under the updated doctrine issued Tuesday, Moscow will consider aggression from any non-nuclear state – but with the participation of a nuclear country – a joint attack on Moscow. The Kremlin began this fresh round of nuclear saber-rattling Tuesday, saying the revised military doctrine would in theory lower the bar to first use of nuclear weapons. “An important element of this document is that nuclear deterrence is aimed at ensuring that a potential adversary understands the inevitability of retaliation in the event of aggression against the Russian Federation or its allies,” Peskov said. The change comes as the Kremlin responds to the Biden administration’s decision to allow Ukraine to use powerful long-range American weapons inside Russia, a move the Russian government has already signaled would be a dangerous escalation of the war in Ukraine.
Persons: Vladimir Putin, Joe Biden, Dmitry Peskov, ” Peskov, Biden Organizations: CNN, US, Russian Federation, Kremlin Locations: Ukraine, Russia, Moscow, Republic of Belarus, , Russian
Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News | Getty ImagesGlobal stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world's two largest nuclear powers: Russia and the U.S. The pan-European Stoxx 600 stock index was down almost 1% at 12:23 p.m. London time, hitting 498.56 points — its lowest level since August. The declines come after Russian President Vladimir Putin amended Russia's nuclear doctrine that outlines the conditions that would prompt Moscow to deploy its nuclear arsenal, Russian state news agency Tass reported Tuesday. In currency markets, the Japanese yen rose 0.7% and 0.36% against the euro and U.S. dollar respectively at 12:26 a.m. London time.
Persons: Vladimir Putin, Dmitry Peskov, USDJPY, Wells, Erik Nelson, Putin, Tiffany McGhee, CNBC's, Ice Brent Organizations: Valdai, Getty, U.S, Dow Jones, Nasdaq, Russian Federation, NBC News, Swiss, CNBC, U.S ., NATO, White, Kremlin, Russian Defense Ministry, Kyiv, NBC, Ukrainian, Staff of, Armed Forces, Ice Locations: Moscow, Russia, London, U.S, Republic of Belarus, Russian, Ukraine, Kyiv, Soviet, Bryansk, America
Barrow, Combs and bodyguard Anthony Jones were tried in the shooting in 2001. Combs categorically denies Mr. Barrow’s allegations, including any suggestion that he orchestrated Mr. Barrow to ‘take the fall’ or ‘sacrificed’ him by directing witnesses to testify against him. Combs appreciates the path Mr. Barrow has pursued and wishes him continued success. It is unfortunate that Mr. Barrow has chosen to revisit these allegations. “I’ve healed and I’ve forgiven, I’ve gotten over it,” Barrow said of Combs.
Persons: CNN — Moses “ Shyne ” Barrow, , ” Barrow, , Sean “ Diddy ” Combs, Combs, Barrow, Combs ’, Jennifer Lopez, Anthony Jones, Jones, I’ve, Barrow doesn’t, , Mr, “ I’ve, ” “, Shyne Organizations: CNN, Boy Records, Diddy, Club New, , Representatives, Hulu Locations: Belize, ” Barrow, New York City, Barrow, New York, , Club New York,
Advertisement"Nobody Wants This" is a Netflix rom-com series starring Kristen Bell and Adam Brody. She meets Noah, a young rabbi played by Adam Brody, at a party, and they immediately hit it off. AdvertisementHere's everything we know about "Nobody Wants This" season two, including when it's hitting Netflix. Adam Rose/Netflix'Nobody Wants This' season 2 is officially a goNetflix announced in October that it had renewed "Nobody Wants This" for a second season. Adam Rose/Netflix'Nobody Wants This' season 1 ends with a big cliffhangerAt the end of season one, Joanne backs away from her relationship with Noah.
Persons: Kristen Bell, Adam Brody, Bell's, Noah, Erin Foster, Morgan, Justine Lupe, Bell, Joanne, Adam Rose, Jenni Konner, Bruce Eric Kaplan, Nora Silver, IndieWire, Foster, Hopper, Brody, Variety, Lupe, Esther, Noah's, Jackie Tohn, Sasha, Timothy Simons, she's, Vulture Organizations: Netflix, Hollywood
Tropical Storm Sara makes landfall in Honduras
  + stars: | 2024-11-15 | by ( The Associated Press | ) www.nbcnews.com   time to read: +1 min
SAN PEDRO SULA, Honduras — Tropical Storm Sara made landfall in northern Honduras late Thursday and threatened to dump torrential rains across parts of Central America and southern Mexico. Sara hit land about 105 miles west-northwest of the Cabo Gracias a Dios on the Honduras-Nicaragua border, according to the U.S. National Hurricane Center in Miami. The center said that along the way Sara was forecast to drop 10 to 20 inches of rain, even up to 30 inches in isolated areas. Sara was forecast to pass over or very near the tourist destination of Roatan off Honduras’ coast on Sunday. The storm was then expected to turn northwesterly toward Belize and the Yucatan Peninsula.
Persons: Sara Organizations: U.S, National Hurricane Center Locations: Honduras, Central America, Mexico, Dios, Nicaragua, Miami, Brus Laguna, Yucatan, Belize, Roatan, Honduras ’
AdvertisementMike Tyson, 58, is set to fight Jake Paul, 27, at Dallas' AT&T stadium on Friday. Paul, meanwhile, trains up to six times a week and eats whole foods. Mike Tyson, 58, is preparing to fight Jake Paul, 27, on Friday at 8pm Eastern Time at Dallas' AT&T stadium. Tyson quit being veganWhile Tyson used to be a vegan, he now enjoys eating meat when training for a fight, he told Van Susteren. Jake Paul eats luxury proteinTyson's opponent, Jake Paul, has been training hard too.
Persons: Mike Tyson, Jake Paul, Paul, Tyson, Kevin McBride, he's, Friday's, I've, Stephen McCarthy, Greta Van Susteren, It's, bodyweight, Van Susteren, Paul meditates Organizations: Dallas, Paul, Netflix, Getty, Health
CNN —If you are someone who doesn’t want to even think about Christmas until after Thanksgiving, apologies in advance. Here’s how that factors into what to watch this weekend. “An Almost Christmas Story”"An Almost Christmas Story." “Cross”Aldis Hodge as Alex Cross in "Cross." Task Force Commander who partners with a bounty hunter in order to save Christmas.
Persons: we’ve, Mariah Carey, Luna, Aldis Hodge, Alex Cross, Keri Anderson, James Paterson’s Alex Cross, Hodge, Adam ”, Charithra Chandran, Yerin Ha, Jessica Barden, Emma Canning, Paul Atreides, Timothée Chalamet, “ Landman, Billy Bob Thornton, Tommy Norris, Emerson Miller, Taylor Sheridan, Oscar, Thornton, Sheridan, , ‘ I’m, ’ ” Thornton, Dwayne Johnson, Chris Evans, Karen Neal, Dwayne “, ” Johnson Organizations: CNN, York City’s Rockefeller, Disney, Paramount, CBS, Amazon, Task Locations: New York City, West Texas
Taco Bell CEO Sean Tresvant credits his leadership success, at least partially, to one piece of advice: "Don't try to be a black belt in everything." "Be a black belt in marketing, and be a brown belt in everything else," Tresvant, who previously held marketing executive roles at Taco Bell, Nike and Sports Illustrated, told LinkedIn's "This is Working" podcast last week. Tresvant received that advice in January upon becoming CEO of Taco Bell — which is owned by fast food giant Yum! Instead of believing he has all the answers, he tries to ask the "right questions" to team members who have expertise that he doesn't, he noted. "I understand I'm not a CFO, but I have a great CFO who can lead the [financial side of the] business."
Persons: Sean Tresvant, you'll, Tresvant, Taco, LinkedIn's, Taco Bell, I'm Organizations: Taco Bell, Nike, Sports, Taco, Brands
Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia’s drive to diversify away from oil, has departed, NEOM said on Tuesday without giving a reason. Crown Prince Mohammed bin Salman has poured hundreds of billions of dollars into development projects through the kingdom’s PIF sovereign wealth fund. Saudi Arabia, the world’s top oil exporter, is still heavily reliant on hydrocarbon revenues, and low oil prices and production have hit state coffers. He has been the head of the PIF’s Local Real Estate Division since 2018 and has a deep understanding of NEOM and its projects, NEOM said. In his role at PIF, Al-Mudaifer oversees all local real estate investments and infrastructure projects, and he is a board member of several prominent companies in the kingdom.
Persons: Nadhmi, Nasr, NEOM, Prince Mohammed bin Salman, Aiman, Mudaifer Organizations: Reuters, Al, Real, Division Locations: Saudi, Belgium, NEOM, Saudi Arabia, PIF, Al
Who will win a 2026 Grand Prix? "We are receiving calls from prime ministers, from governments that really want to host the Grand Prix," F1 CEO Stefano Domenicali told CNBC's "Inside Track." The Belgian Grand Prix adds an estimated $248 million to the national economy each year. Abu Dhabi, which held its first Grand Prix in 2009, spent $40 billion constructing an artificial island to do it. "It didn't have anything before the plans for the Abu Dhabi Grand Prix."
Persons: Stefano Domenicali, CNBC's, Domenicali, Abu, Saif Rashid Al Noaimi, YouGov, Robin Fenwick, Guy Antognelli, McLaren, Zak Brown, You've, Lewis Hamilton Organizations: CNBC, Abu, Grand Prix, Monaco, Monaco Government Tourist, Convention Authority, Cannes Film, Cote d'Azur, Bloomberg Locations: Thailand, South Korea, India, Rwanda, Belgian, Europe, America, Belgium, Abu Dhabi, Yas, Grand, Saudi Arabia, U.S, Monte Carlo, Monaco, Cote
Trump has praised the leaders of many of these nations, especially Hungary’s far-right prime minister Viktor Orbán. Those angles include attacking journalists, discrediting their reporting, applying pressure on media owners to induce self-censorship, launching legal challenges, and leveraging wealthy allies to buy up media outlets to turn them into government mouthpieces. Those outlets were then centralized into the powerful media conglomerate, the Central European Press and Media Foundation (KESMA). That hub now controls roughly 500 outlets, Wójcik said, “consolidating the majority of pro-government media under a single entity.”The few remaining independent media outlets that continue to operate in the country “face challenges, including legal obstacles and broadcast license denials,” Wójcik said. Kamenchuk also expressed optimism that the “levers and limits” on the executive branch enshrined in US law will work to protect the free press.
Persons: Donald Trump, Trump, Sharon Moshavi, “ It’s, , Viktor Orbán, , Moshavi, ” Moshavi, Olga Kamenchuk, Kamala Harris, Harris, ” Kamenchuk, ” Anne Applebaum, ” Applebaum, who’s, Orbán’s, Anna Wójcik, Orbán, Wójcik, ” Wójcik, Mikhail Zygar, Der Spiegel, Vladimir Putin, ” “ Putin, , Putin, A.G . Sulzberger, ” Sulzberger, Applebaum, it’s, Kamenchuk Organizations: New, New York CNN, International Center for Journalists, Northwestern University, The Washington Post, Los Angeles Times, Kozminski University, , Central European Press and Media Foundation, “ Journalists, CBS, New York Times Locations: New York, Europe, United States, Russia, Hungary, India, Poland, Washington, authoritarians, Russian
“The fact that there could have been a South Asian woman in the White House … we’re not there yet, but it would have been very nice. “There’s a great deal of disappointment in that sense,” said Shakeel Syed, executive director of the nonprofit South Asian Network. She steeped her daughters in all things South Asian, said Harris, who grew up eating South Indian food, like potato curry and masala dosa, and hearing Gopalan speak Tamil. Like many young and progressive Asian Americans, she said Israel’s war in the Gaza Strip has been an important issue for her. In the meantime, South Asian voters say they have no choice but to keep pushing.
Persons: they’re, Kamala Harris ’, Harris, Donald Trump, , Anjali Bhatt, we’re, ” Bhatt, Trump, she’s, Sumati Thomas, Harris ’, I’ve, Kamala Harris, ” Harris, Joe Biden, Biden, There’s, Shakeel Syed, Gopalan, , P.V, Thomas, Bhatt, they’d, Harris didn’t, Syed, ” Syed, Harris wanes, Usha Vance, Vivek Ramaswamy, “ It’s, ” Thomas Organizations: South, D.C, Republican, Harris ’ Democratic, South Asian, Democratic, South Asian Network, Democratic National Convention, University of California, Civil Rights Movement, DNC, , American, Trump, White, Indian American Locations: South Asian, Washington, America, In Mississippi, South, India, California, Chennai, Indian, Berkeley, U.S, Gaza, Southeast Michigan, Pakistan, Bangladesh, American
China's luxury slump is spreading to more consumer brands. Companies like Starbucks, Estée Lauder, and Nike have reported falling sales in the region. It's hitting Western brands particularly hard, as reflected by companies across the consumer sector reporting muted sales in China in the most recent quarter. Consumer spending in China never fully recovered after the government started lifting COVID-19 curbs in late 2022. AdvertisementAdidas managed to buck the trend, reporting sales up 9% in Greater China in the third quarter.
Persons: Estée Lauder, , China's, MingYii Lai, Brian Niccol, L'Oréal, Lynn Song Organizations: Companies, Starbucks, Nike, Service, Burberry, Daxue Consulting, InBev, Carlsberg, Apple, Adidas, Heineken, Greater China, ING Locations: China, Beijing, Greater China, Greater
“Tonight, with full but broken hearts, we must share the news of our father and brother Quincy Jones’ passing,” the Jones family said in the statement. American jazz musician, arranger, and composer Quincy Jones (left) works with singer and actor Frank Sinatra on a soundstage, 1964. His family eventually moved to Seattle, Washington, and Jones began taking lessons from famed horn player Clark Terry. Musician, composer and producer Quincy Jones poses for a portrait in 1981 in Los Angeles. In 1967 he married Swedish model Ulla Andersson, and they had two children, Martina and Quincy Jones III, before divorcing in 1974.
Persons: Quincy Jones, Ray Charles, Frank Sinatra, Michael Jackson, Jones, , John Dominis, Michael Jackson’s, Clark Terry, Lionel Hampton, Gladys, , ” Jones, , We’ll, ’ ” Jones, Schillinger, Count Basie, Duke Ellington, Sarah Vaughan, Dizzy Gillespie, Bobby Holland, Michael Ochs, Leslie Gore’s, Peggy Lee, Jackson, Steven Spielberg, Jim Henson, Kevin Mazur, Bel, Will Smith, Jeri Caldwell, Jolie, Ulla Andersson, Quincy Jones III, Peggy Lipton, Rashida Jones, Kidada Jones, Rachel, Carol Reynolds, Kenya Kinski, Nastassja Kinski, Rolling Stone, Louie Armstrong, Mr, Sinatra Organizations: CNN, Hampton, National Endowment, Arts, Berklee College of Music, Michael Ochs Archives, Mercury Records, Party, M Records, Qwest, Jim Henson Studios Locations: Bel Air , California, American, Chicago, Seattle , Washington, Boston, Los Angeles, Haiti, Hollywood , California, Swedish, Kenya
The question for Ukraine is whether Kursk will fare better than Germany's Battle of the Bulge. AdvertisementWhen Ukraine unleashed its Kursk offensive in August, it wasn't just the Russians who were surprised. By massing forces for offensives in eastern Ukraine, this thinned out the rest of the 600-mile front line, including the Kursk region. For example, "Ukraine's military announced the 61st Mechanized Brigade would be moving to Vovchansk, a city in the northern sector of the fighting in eastern Ukraine," said TRADOC. Allied cryptographers had broken high-level German radio codes (the "Ultra" program), but German forces employed radio silence, and orders were conveyed by courier and telephone.
Persons: , TRADOC, Hitler, Oleksandr Syrskyi, wouldn't, Ukraine prepped, Michael Peck Organizations: Service, US, Kremlin, British, Armed Forces of, 61st Mechanized Brigade, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, Ukraine, Kursk, Germany, Normandy, Ardennes, Belgium, Armed Forces of Ukraine, Nazi, Moscow, Forbes
A suspect in the killing of a man whose death in Montana was initially thought to have been caused by a bear is in custody, the Gallatin County sheriff said Wednesday. The suspect in the death of Dustin Kjersem, whose body was found in a remote area on Oct. 12, was not immediately released. Gallatin County Sheriff's OfficeThe suspect acted alone and there is no threat to the community, Springer said. The attack was described as "vicious," and Kjersem died after sustaining “multiple chop wounds,” according to his autopsy, Gallatin County sheriff's Capt. "Our thoughts and prayers continue for the family of Dustin Kjersem," Springer said Wednesday.
Persons: Dustin Kjersem, Sheriff Dan Springer, ” Dustin Kjersem, Springer, Kjersem, Nathan Kamerman Organizations: Sheriff, Gallatin County Sheriff's, Moose Locations: Montana, Gallatin County, Belgrade , Montana
When I'm sitting with a stressed-out patient in my office and I raise the importance of healthy relationships, they almost always intellectually understand. But it's critical, because healthy relationships help people thrive. As Robert Waldinger, director of the decades-long Harvard Study of Adult Development, has explained: "The clearest message that we get from this 75-year study is this: Good relationships keep us happier and healthier. Here are three surprisingly simple and actionable strategies you can use to lift loneliness, make connections, and start to foster healthy relationships, all of which can be easily implemented even in your busy daily life. Just make sure you're being mindful of your limited time and energy, so you don't burn out in the process.
Persons: I'm, Robert Waldinger, Barbara Fredrickson, I've, it's, , what's, Larry Dossey, , Mary E, Anderson Organizations: University of Florida, Boston Healthcare, Harvard Medical School, Boston University School of Medicine Locations: elation
Angelo was paid by a Democratic political action committee for the post, a fact that’s clearly noted in the caption. Campaigning moves to social mediaIn 2024, political content posted by social media creators has become just as important as traditional celebrity endorsements — if not more. Together, the two organizations paid 15 social media creators to produce content encouraging Latinos to vote. Election advertisements are overseen by a different agency, the Federal Elections Commission, which lacks a similar disclosure rule for individuals who are paid to make endorsements on social media. Meta, the parent company of Facebook and Instagram, has since 2020 allowed paid political content from influencers, so long as the organization paying for it is registered in its ad library.
Persons: ” influencer Mikey Angelo, who’s, Angelo, they’ve, , they’re, , , Krysten Stein, Jake Paul, Donald Trump, Trump, ” Paul, Tim Walz, Matt Nelson, Walz, Nelson, Paul, Kamala Harris ’, Harris, “ It’s, Danielle Butterfield, Butterfield, ” Butterfield, Influencers, Trump’s, Axios, Jack Posobiec, Riley Gaines, Tana Mongeau, Mongeau, she’d, ” Mongeau, they’d, Mitchell Katz, Ellen Weintraub, Shana Broussard, George W, Bush, aren’t, TikTok, Somos, Ari Cohn, ” Cohn, Robert Weissman, ” Weissman, Cate Domino, Domino Organizations: New, New York CNN, Democratic, influencers, Commission, Pew Research Center, University of Cincinnati Blue Ash College, YouTube, Convention, USA, Somos, CNN, NCAA, Democratic National Committee, Republican National Committee, Federal Trade Commission, Federal Elections Commission, FEC, Facebook, Public Citizen Locations: New York, Trump
I hired a professional organizer to help me deal with the clutter in my closet. I put all the clothes and accessories in trash bags and shoved them into my closet. I wouldn't be able to go up and down my stairs countless times to throw out the dozen trash bags. Millie Naor, professional organizer and founder of Bella Organizers, came to my apartment one Monday morning. Once the closet was empty, it was time to decide what to keep and what to throw away.
Persons: , I'd, I've, Millie Naor, Millie Organizations: Service, Bella Organizers
A fugitive member of the Camorra mafia due to serve almost 19 years in prison for drug trafficking has been arrested in Colombia, Italian police said on Friday. In announcing his arrest, police distributed a picture of Belvedere posing by the grave of the notorious late Colombian drug lord Pablo Escobar. Luigi Belvedere, a fugitive member of the Italian Camorra mafia, in an undated photo. The Camorra, based in Naples and surrounding areas, is one of Italy’s main mafia groups. It is made up of a myriad of family-based clans, unlike the more pyramidal structure of the Sicilian mafia, and its main businesses are drug trafficking, counterfeiting and money laundering.
Persons: Luigi Belvedere, Belvedere, Pablo Escobar, Stato Organizations: Camorra, Italian Camorra mafia, EUROPOL Locations: Colombia, Medellin, Colombian, Naples
Mārtiņš Kazāks, Bank of Latviawatch nowOn a 50-basis-point rate cut: "Well, everything should be on the table, you know, given what the data tells us. Klaas Knot, Netherlands central bankwatch now"Are we risking a structural undershoot of our inflation target? Joachim Nagel, German central bankwatch nowOn rate cuts: "This discussion about 25 or maybe something different is not helpful. On rate cuts: "The direction is clear. Gediminas Šimkus, Bank of Lithuaniawatch nowOn rate cuts: "We are clearly moving ... towards the direction of easing monetary policy.
Persons: Karen Tso, Pierre Wunsch, I'm, we've, Mario Centeno, Klaas, It's, Robert Holzmann, Joachim Nagel, disinflation, Volcker, Olli Rehn, it's, Gediminas Šimkus, Boris Vujčić Organizations: European Central Bank, International Monetary, Bank of Latvia, National Bank of Belgium, Bank of Portugal, Austrian National Bank, Bank of France, Bank of Finland, Bank of Lithuania, Croatian National Bank Locations: Washington ,, Kazāks, Netherlands, German, Galhau, Europe
Sony produced the movie, and it previously made all the "Spider-Man" films alongside Marvel. Here's every Sony Marvel movie, ranked. AdvertisementWhen superhero fans think of Marvel movies, they tend to strictly think of the Marvel Cinematic Universe and the Avengers. Sony continued to make Marvel movies in the years that followed and even set up its own shared universe to rival the MCU. AdvertisementHere's how Hardy's third movie, "Venom: The Last Dance," stacks up against the rest of the Sony Marvel movies.
Persons: Tom Hardy's, , Tobey Maguire, Sam Raimi's, Tom Hardy Organizations: Sony, Marvel, Sony Marvel, Service, Marvel Studios, Disney, Columbia Pictures, Marvel Entertainment
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'I'm not excluding anything' — but it's better to be gradual, says ECB's Wunsch on rate cutsSpeaking to CNBC's Karen Tso at the IMF annual meetings, Pierre Wunsch, head of the National Bank of Belgium and ECB Governing Council member, discussed the euro zone's monetary policy. He stressed that the central bank is data dependent and said he doesn't currently see the "need for a 50-basis point cut, but let's look at the data."
Persons: ECB's, Karen Tso, Pierre Wunsch, doesn't Organizations: National Bank of Belgium
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