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Search resuls for: "CNBC's Arabile Gumede"


9 mentions found


☆ German recession 'very unlikely' given brighter business sentiment, Ifo head says
  + stars: | 2023-01-25 | by ( Jenni Reid | ) www.cnbc.com   time to read: +3 min
A January Ifo survey showed improved sentiment among German businesses. Tobias Schwarz | Afp | Getty ImagesGerman business sentiment improved in January, according to a widely watched survey from the Munich-based Ifo Institute — in a prospective sign that Europe's largest economy could swerve a recession. Ifo's Business Climate Index rose to 90.2 points from 88.6 points previously on "considerably less pessimistic expectations," a release said. "The expectation was that there might be a recession in the fourth quarter of '22 and the first quarter of '23. Fuest said a number of factors were improving within German manufacturing, including energy prices and supply chain bottlenecks easing.
☆ Soccer star Son Heung-min gives his top 3 tips for making it as a pro athlete
  + stars: | 2023-01-16 | by ( Sophie Kiderlin | ) www.cnbc.com   time to read: +1 min
As captain of the South Korean soccer team and a forward for English Premier League club Tottenham Hotspur, Son Heung-min knows a thing or two about becoming a pro athlete. In an interview with CNBC, Son shared his top tips on going pro and handling the pressures that come with it. Son left South Korea at age 16 to join the German soccer club Hamburger SV, with whom he made his first appearance in a top European soccer league in 2010. Son also addressed some of the biggest lessons he has learned from his career so far. "I think the lessons are, just don't try to chase your happiness," he told CNBC.
☆ UK government unveils new budget after September's market meltdown
  + stars: | 2022-11-17 | 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 government unveils new budget after September's market meltdownCNBC's Arabile Gumede joins 'Squawk Box' to report the details of the U.K. government's latest budget proposal amid concerns about a recession.
☆ Rishi Sunak delivers first address as UK prime minister
  + stars: | 2022-10-25 | 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 EmailRishi Sunak delivers first address as UK prime ministerCNBC's Arabile Gumede joins 'Squawk Box' to report on comments made by Rishi Sunak about his new role as U.K. Prime Minister and the goals and responsibilities he sets out to fulfill in his new position.
☆ UK Prime Minister Liz Truss resigns after six weeks in office
  + stars: | 2022-10-20 | 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 EmailUK Prime Minister Liz Truss resigns after six weeks in officeCNBC's Arabile Gumede joins 'Squawk on the Street' to discuss the resignation of UK Prime Minister Liz Truss, provide an overview of the factors leading to her resignation, and present the current candidates in the running to fill her spot
☆ Britain's failed tax experiment will leave economic scars and credibility issues, analysts say
  + stars: | 2022-10-18 | by ( Jenni Reid | ) www.cnbc.com   time to read: +6 min
U.K. Prime Minister Liz Truss faces increasing pressure to resign. The yield on these bonds, which reflect the cost of borrowing for the government and influence interest rates on many products such as mortgages, eased lower after the statement Monday. The yield on 10-year bonds, the closely-watched benchmark seen as the indicator of long-term interest rates, remains significantly elevated at 4.045%, up from 3.49% before the budget. Bonds tend to become less attractive when interest rates rise, decreasing their price and sending up the yield. watch nowWider effectsWith the ideologically-driven policy platform Truss ran on now dead in the water, there is uncertainty in many other areas.
☆ Long-term damage for the UK due to failed tax cuts, leading thinktank says
  + stars: | 2022-10-17 | 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 EmailLong-term damage for the UK due to failed tax cuts, leading thinktank saysPaul Johnson, director of the Institute for Fiscal Studies, speaks to CNBC's Arabile Gumede after the latest U.K. economic policy annoucements.
☆ New UK finance minister signals further mini-budget reversals
  + stars: | 2022-10-17 | 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 EmailNew UK finance minister signals further mini-budget reversalsCNBC's Arabile Gumede reports on the United Kingdom's new finance minister Jeremy Hunt's recent moves to scrap almost all planned tax cuts to appease markets.
☆ New UK Finance Minister scraps almost all planned tax cuts
  + stars: | 2022-10-17 | 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 EmailNew UK Finance Minister scraps almost all planned tax cutsCNBC's Arabile Gumede joins 'Squawk on the Street' to discuss the new UK finance Minister's decisions to reverse the policies of his predecessor, his outlines for a fiscal update, and the critical economic stability questions at hand.
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