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Search resuls for: "Julianna Tatelbaum"


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☆ Airlines will return to profitability in 2023 after three-year slump, industry body says
  + stars: | 2022-12-06 | by ( Karen Gilchrist | ) www.cnbc.com   time to read: +1 min
The global airline industry is set to return to profitability again next year following a near-three year downturn fueled by the Covid-19 pandemic, an industry body said Tuesday. The International Air Transport Association (IATA) said it expects the industry to post a "small" net profit of $4.7 billion in 2023, with more than 4 billion passengers set to take to the skies. Director General Willie Walsh told CNBC the predictions marked a "step in the right direction" for an industry clobbered by pandemic-induced travel restrictions and resultant staff shortages. "The recovery is going well," Walsh told CNBC's Julianna Tatelbaum. For 2022, IATA also reduced its forecast for industry-wide losses to $6.9 billion from $9.7 billion in June's outlook.
☆ Heineken CEO: We expect high double-digit input cost inflation
  + stars: | 2022-12-02 | 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 EmailHeineken CEO: We expect high double-digit input cost inflationDolf van den Brink, CEO at Heineken, speaks to CNBC's Julianna Tatelbaum on the company's capital markets day.
☆ Europe's gas price cap leaves some nations dismayed, saying it's far too high
  + stars: | 2022-11-23 | by ( Silvia Amaro | ) www.cnbc.com   time to read: +1 min
Several EU member states are not happy with the bloc's proposed cap on natural gas prices — at 275 euros per megawatt hour — which aims to prevent sky-high costs for consumers. Introducing a cap on gas prices has been one of the more controversial measures for Europe amid an acute energy crisis following Russia's invasion of Ukraine. "So [a] price cap at 275 euro is not a price cap, nobody can, can stand buying gas at this expensive price for a long time. We surely believe that the price cap below 200 euro, between 150 and 200 euro would be more realistic," he added. EU energy ministers are due to meet Thursday to debate the price cap proposal.
☆ Greek energy minister: EU gas price cap at 275 euros/MWh is 'not a price cap'
  + stars: | 2022-11-22 | 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 EmailGreek energy minister: EU gas price cap at 275 euros/MWh is 'not a price cap'Kostas Skrekas, Greece's minister for the environment & energy, speaks to CNBC's Julianna Tatelbaum.
☆ Mercedes-Benz says car prices are 'well-supported' in China after Tesla cuts prices of its EVs
  + stars: | 2022-10-26 | by ( Arjun Kharpal | ) www.cnbc.com   time to read: +2 min
China is the largest market for Mercedes-Benz. Mercedes-Benz finance chief on Wednesday told CNBC the automaker's pricing of its cars in China is "well-supported" after U.S. electric vehicle giant Tesla slashed prices. The CFO's comments come after Tesla on Monday slashed the price of its Model 3 and Model Y vehicles in China, one of the company's most critical markets. Tesla's price cut comes as competition ramps up in China from domestic electric car firms such as Warren Buffett-backed BYD as well as upstarts Nio and Xpeng. In the third quarter, Mercedes-Benz sold 84,850 electric vehicles, up 39% year-on-year.
☆ Jamie Dimon: Tech always changes the world
  + stars: | 2022-10-11 | 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 EmailJamie Dimon: Tech always changes the worldJPMorgan CEO Jamie Dimon speaks to CNBC's Julianna Tatelbaum from the JPM Techstars conference in London.
☆ It's only going to be a matter of time until we're number one, Wefox CEO says
  + stars: | 2022-10-11 | 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 EmailIt's only going to be a matter of time until we're number one, Wefox CEO saysWefox CEO Julian Teicke speaks to CNBC's Julianna Tatelbaum at the JPMorgan Tech Stars conference.
☆ Watch CNBC's full interview with JPMorgan's Jamie Dimon on recession, market turmoil, Twitter and more
  + stars: | 2022-10-11 | 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 JPMorgan's Jamie Dimon on recession, market turmoil, Twitter and moreJPMorgan CEO Jamie Dimon speaks to CNBC's Julianna Tatelbaum from the JPM Techstars conference in London.
☆ Jamie Dimon says UK government deserves benefit of the doubt after sparking market turmoil
  + stars: | 2022-10-11 | by ( Hannah Ward-Glenton | ) www.cnbc.com   time to read: +1 min
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co. says the new U.K. government should be "given the benefit of the doubt." JPMorgan Chase CEO Jamie Dimon said new governments "always have issues" and U.K. Prime Minister Liz Truss should be "given the benefit of the doubt" following a turbulent first month in office. "I would like to see the new prime minister, the new chancellor, be successful," he said. Dimon's comments come after a rocky few weeks for Truss's administration. Sterling plummeted and yields on U.K. government bonds, or "gilts," were sent through the roof and have yet to return to their pre-announcement levels.
☆ U.S. should pump more oil to avert war-level energy crisis, says JPMorgan's Jamie Dimon
  + stars: | 2022-10-11 | by ( Karen Gilchrist | ) www.cnbc.com   time to read: +2 min
Dimon said in June that he was preparing the bank for an economic "hurricane" caused by the Federal Reserve and Russia's war in Ukraine. Al Drago | Bloomberg | Getty ImagesJPMorgan Chase CEO Jamie Dimon said Monday that the U.S. should forge ahead in pumping more oil and gas to help alleviate the global energy crisis, likening the situation to a national security risk of war-level proportions. Speaking to CNBC, Dimon dubbed the crisis "pretty predictable" — occurring as it has from Europe's historic overdependence on Russian energy — and urged Western allies to support the U.S. in taking a lead role in international energy security. We should have gotten that right starting in March," he continued, referring to the onset of the energy crisis following Russia's invasion of Ukraine on Feb. 24. And while EU nations have hit targets to shore up gas supplies over the coming winter months, Dimon said leaders should now be looking ahead to future energy security concerns.
☆ Jamie Dimon says Musk should 'clean up Twitter,' echoes Tesla CEO's bot concerns
  + stars: | 2022-10-11 | by ( Ryan Browne | ) www.cnbc.com   time to read: +2 min
Brian Snyder | ReutersJamie Dimon appears to be a fan of Elon Musk's $44 billion Twitter takeover. "I hope Musk cleans up Twitter," the JPMorgan CEO told CNBC's Julianna Tatelbaum, adding he thinks Musk should look into eliminating anonymous accounts from the site. Musk has made no secret of his concerns with fake accounts on Twitter. In November 2021, JPMorgan sued Tesla for $162.2 million for allegedly breaching a 2014 contract relating to stock warrants that Tesla sold to the bank. watch nowThe suit was the subject of a report by the Wall Street Journal that said Musk and Dimon have never gotten along.
☆ ‘This is serious’: JPMorgan's Jamie Dimon warns U.S. likely to tip into recession in 6 to 9 months
  + stars: | 2022-10-10 | by ( Sam Meredith | ) www.cnbc.com   time to read: +1 min
Dimon said in June that he was preparing the bank for an economic "hurricane" caused by the Federal Reserve and Russia's war in Ukraine. JPMorgan Chase CEO Jamie Dimon on Monday warned that a "very, very serious" mix of headwinds was likely to tip both the U.S. and global economy into recession by the middle of next year. "These are very, very serious things which I think are likely to push the U.S. and the world — I mean, Europe is already in recession — and they're likely to put the U.S. in some kind of recession six to nine months from now," Dimon said. His comments come at a time of growing concern about the prospect of an economic recession as the Federal Reserve and other major central banks raise interest rates to combat soaring inflation. Speaking to CNBC last month, Chicago Federal Reserve President Charles Evans said he's feeling apprehensive about the U.S. central bank going too far, too fast in its bid to tackle high inflation rates.
☆ CNBC PRO Talks: Morningstar’s chief U.S. strategist on stocks to beat the volatility
  + stars: | 2022-07-13 | 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 EmailCNBC PRO Talks: Morningstar’s chief U.S. strategist on stocks to beat the volatilityDave Sekera, chief U.S market strategist for Morningstar, joined CNBC’s Julianna Tatelbaum on Wednesday for a frank conversation on the market outlook.
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