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☆ One year since the collapse of Credit Suisse
▼ + stars: | 2024-03-15 | 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 EmailOne year since the collapse of Credit SuisseCNBC's Steve Sedgwick takes us through the final death throes of Credit Suisse, one year on from its collapse.

Persons: Steve Sedgwick Organizations: Suisse

☆ European Central Bank chief economist says we need to 'take our time' to get rate cuts right
▼ + stars: | 2024-03-14 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

The European Central Bank must take its time to get interest rate cuts right and will have a clearer picture of inflationary pressures in June, the institution's chief economist told CNBC. Lane, also a Governing Council member, said the euro zone central bank's March meeting had been an "important milestone" in the accumulation of evidence, and showed the "disinflation process has been ongoing." During the meeting, the ECB held rates and released updated macroeconomic projections, which lowered its inflation forecast for this year to 2.3% from 2.7%. Inflation in the 20-nation bloc eased to 2.6% in February. In a press conference following the March meeting, ECB President Christine Lagarde said market pricing on the timing of rate cuts — which indicate a start in June as of Thursday — "seems to be converging better" with the central bank's view.

Persons: what's, we've, Philip Lane, Steve Sedgwick, Lane, Christine Lagarde Organizations: European Central Bank, CNBC, ECB

☆ Coco-Cola Europacific announces completion of deal in the Philippines
▼ + stars: | 2024-02-23 | 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 EmailCoco-Cola Europacific announces completion of deal in the PhilippinesNik Jhangiani, CFO of Coca-Cola Europacific Partners, speaks to CNBC's Steve Sedgwick and Karen Tso about the business' activity in Asia-Pacific and the Philippines.

Persons: Philippines Nik Jhangiani, Steve Sedgwick, Karen Tso Organizations: Coca, Cola Europacific Partners Locations: Philippines, Asia, Pacific

☆ Watch CNBC’s full interview with the Bank of England’s Andrew Bailey
▼ + stars: | 2024-02-01 | 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 the Bank of England’s Andrew BaileyBank of England Governor Andrew Bailey speaks to CNBC’s Steve Sedgwick after the central bank’s rate decision.

Persons: Bank of England’s Andrew Bailey, Andrew Bailey, Steve Sedgwick Organizations: Bank of England’s, Bank of England’s Andrew Bailey Bank of England

☆ Bank of England chief hints the market could be getting it right on rate cuts
▼ + stars: | 2024-02-01 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

LONDON — Bank of England Governor Andrew Bailey on Thursday signaled that financial markets may be correct in their expectations for the future path of rate cuts. Speaking to CNBC, Bailey said he was "not going to commit" to a specific timeline for rate cuts, but added that he did not object to the market consensus. "I'm not going to give a view on how many cuts there'll be and when they will be. But I think that view that the market is taking is not one I object to," he told CNBC's Steve Sedgwick. Investors priced in four rate cuts by the end of this year after the central bank voted to hold interest rates steady at 5.25% earlier Thursday.

Persons: Andrew Bailey, BOE, Bailey, I'm, CNBC's Steve Sedgwick Organizations: Bank of England, City of, LONDON — Bank of England, CNBC, Monetary Locations: City, City of London

☆ ’50 shades of green’: UN’s Usher highlights financing challenge for companies still in green transition
▼ + stars: | 2024-01-31 | by ( Vicky Mckeever | ) www.cnbc.com time to read: +2 min

But the real challenge is everything in between — some would say the '50 shades of green'," Usher said during a "IOT: Powering the Digital Economy" panel moderated by CNBC's Steve Sedgwick at this year's World Economic Forum in Davos, Switzerland. This refers to companies still working toward making their businesses more sustainable, making them more difficult to label as truly green investments, according to Usher. watch now"If you're going to work in helping deal with heavy emitting sectors and you're going to put more capital in to help them reduce [emissions], that's going to increase your emissions profile," he explained. "So there's a lot of definitional stuff that's needed before the capital is going to flow really at scale," Usher added. More and more businesses strived to make their businesses more sustainable amid severe weather events across the globe.

Persons: Mark Kerrison, Eric Usher, Usher, Steve Sedgwick, hasn't Organizations: United Nations Environment, Finance Initiative, Economic, UNEP FI Locations: London, United Kingdom, —, Davos, Switzerland, U.S, Europe

☆ Top business leaders bemoan archaic systems in Europe that are curbing climate solutions
▼ + stars: | 2024-01-26 | by ( Vicky Mckeever | ) www.cnbc.com time to read: +2 min

Ester Baiget, the CEO of biosolutions firm Novozymes, said that "roadblocks" usually stand in the way of companies producing sustainable solutions which needed to be removed. watch nowMicrobes have been put forward as an alternative to reduce the use of chemical fertilizers, which contribute to greenhouse gas emissions. However, new microbial fertilizers need to go through regulatory approval before going to market. We need to rethink regulation in regions like Europe." Kadri also said there was a "lack of competitiveness in Europe," referring to the difficulties faced by her sector.

Persons: Lukas Schulze, Ester Baiget, Novozymes, Baiget, Steve Sedgwick, Ilham Kadri, Kadri Organizations: Getty, CNBC, Economic Locations: Bergheim, Germany, Davos, Switzerland, Europe

☆ Navigating the energy transition
▼ + stars: | 2024-01-25 | 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 EmailNavigating the energy transitionCNBC's Steve Sedgwick speaks to Marco Alvera, CEO at TES, Vaishali Sinha, co-founder at ReNew, Alfred Stern, CEO at OMV, Bold Baatar, CEO at Rio Tinto Copper, and Henrik Andersen, CEO at Vestas.

Persons: Steve Sedgwick, Marco Alvera, Vaishali Sinha, Alfred Stern, Henrik Andersen Organizations: TES, Vaishali, Rio Tinto Locations: Rio, Vestas

☆ Ukraine dismisses Trump-Putin relationship, brushes off U.S. election fears
▼ + stars: | 2024-01-18 | by ( Vicky Mckeever | ) www.cnbc.com time to read: +2 min

Minister of Foreign Affairs of Ukraine Dmytro Kuleba attends a joint briefing with Minister of Foreign Affairs of the Netherlands Hanke Bruins Slot. Kuleba said: "So do I believe there is a potential for [Russian President Vladimir] Putin and Trump to agree on something behind Ukraine's back if Trump becomes president? He added that Trump was also the "first to sell lethal weapons to the Ukraine." The U.S. administration continues to push for further funding in Congress to support Ukraine in its war with Russia, which began in Feb. 2022. The U.S. has been a staunch ally of Ukraine throughout the war, supplying more than $75 billion in humanitarian, military and financial support.

Persons: Ukraine Dmytro Kuleba, Dmytro Kuleba, Donald Trump, Kuleba, Vladimir, Putin, Trump, Ukraine's, Steve Sedgwick, Volodymyr Zelenskyy, Biden, Washington's, Joe Biden's Organizations: Foreign Affairs, Netherlands, Bruins, Publishing, Ukraine's, CNBC, Economic, Trump, Republican Party, Ukraine, House Republicans Locations: Ukraine, Davos, Russia, Europe, America, U.S

☆ We shouldn't get militarily involved in the Russia-Ukraine war, Hungary's president says
▼ + stars: | 2024-01-17 | 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 EmailWe shouldn't get militarily involved in the Russia-Ukraine war, Hungary's president saysSpeaking to CNBC's Steve Sedgwick, Katalin Novak, the president of Hungary, discusses the Russia-Ukraine war and the European Union's support for Kyiv.

Persons: Steve Sedgwick, Katalin Novak Organizations: Kyiv Locations: Russia, Ukraine, Hungary

☆ Ukraine war latest updates: Putin hails military gains in Ukraine; Blinken warns of 'real problem' if Kyiv gets no extra funding
▼ + stars: | 2024-01-17 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Polish President Andrzej Duda told CNBC Tuesday that Ukraine's refusal to cede ground to Russia in any prospective peace talks was "perfectly understandable." "To me, as the president of Poland, it's perfectly understandable. He told CNBC that "all those voices who are saying that we probably should have some kind of political process, talks or discussions, they somehow don't hear what Mr. Putin is saying," Rinkēvičs told CNBC on Tuesday. When asked to comment on Sunday's talks, the Kremlin's Press Secretary Dmitry Peskov told CNBC, "We find these negotiations strange without our participation. Read more on the story here: 'Perfectly understandable': Russia's neighbors back Ukraine's refusal to negotiate on peace talks— Holly Ellyatt

Persons: Andrzej Duda, Duda, Volodymyr Zelenskyy, Vladimir Putin, CNBC's Steve Sedgwick, Latvia's, Edgars, Putin, Rinkēvičs, Sunday's, Dmitry Peskov, — Holly Ellyatt Organizations: CNBC, Economic, Kremlin's Locations: Russia, Davos, Poland

☆ South African foreign minister discusses Hague case against Israel
▼ + stars: | 2024-01-15 | 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 EmailSouth African foreign minister discusses Hague case against IsraelSouth Africa's Finance Minister Enoch Godongwana tells CNBC's Steve Sedgwick there is support for the view that the case brought against Israel in the Hague is substantive.

Persons: Enoch Godongwana, Steve Sedgwick Organizations: Israel South Africa's Finance, Israel Locations: Hague

☆ We will never accept a frozen conflict, Yermak tells CNBC
▼ + stars: | 2024-01-15 | 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 EmailWe will never accept a frozen conflict, Yermak tells CNBCUkraine's presidential chief of staff Andriy Yermak responds to a question from CNBC's Steve Sedgwick on whether Ukraine was concerned by a lack of progress toward peace.

Persons: Andriy Yermak, Steve Sedgwick Organizations: CNBC Locations: Ukraine

☆ Possible there will be no rate cuts this year, European Central Bank member says
▼ + stars: | 2024-01-15 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

The European Central Bank may defy market expectations and hold off on starting interest rate cuts during the whole of 2024, the institution's Governing Council member Robert Holzmann said Monday. Asked about those who call for the first rate cut to take place as soon as April, Austria's central bank governor told CNBC, "I'm afraid, leaving Davos, those people will be deeply disappointed." Speaking to CNBC's Steve Sedgwick at the World Economic Forum in Davos, Switzerland, he added, "I cannot imagine that we'll talk about cuts yet, because we should not talk about it. "Unless we see a clear decline towards 2%, we won't be able to make any announcement at all when we're going to cut," Holzmann said. Correction: This story has been updated to reflect the name of CNBC anchor Steve Sedgwick.

Persons: Robert Holzmann, Steve Sedgwick, Holzmann, Yemen's Organizations: European Central Bank, CNBC, Economic, InTouch Capital Locations: Austria's, Davos, Switzerland, Israel

☆ China's emissions targets not robust enough, U.S. energy chief says
▼ + stars: | 2023-12-04 | by ( Jenni Reid | ) www.cnbc.com time to read: +3 min

watch nowChina's current emissions reduction targets are not as strong as they need to be, U.S. Deputy Secretary for Energy David Turk said Monday. Climate Action Tracker, an independent scientific review project, currently rates China's climate targets as "highly insufficient," and the U.S.'s as "insufficient." Another example of a tough question that needed addressing, Turk said, was on Scope 3 emissions — a measurement of direct and indirection emissions. "Many oil and gas companies, their Scope 3 emissions are 10 times Scope 1 and Scope 2 combined. watch nowOil and gas companies are currently "making an awful lot of profit," but only 1% of spending globally for clean energy is coming from oil and gas companies, he said.

Persons: Energy David Turk, Turk, CNBC's Steve Sedgwick, I've, that's, John Kerry Organizations: Energy, United Nations, U.S, Exxon, CNBC Locations: U.S, Paris, China

☆ Leaders at COP28 discuss energy security and the planned transition
▼ + stars: | 2023-12-04 | 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 EmailLeaders at COP28 discuss energy security and the planned transitionLeaders from various global nations speak to CNBC's Steve Sedgwick at the COP28 climate summit in Dubai.

Persons: Steve Sedgwick Locations: Dubai

☆ Oil and gas are 'part of the solution,' not the problem, former BP chief says
▼ + stars: | 2023-12-03 | 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 EmailOil and gas are 'part of the solution,' not the problem, former BP chief saysOil and gas are "part of the solution," not the problem, BeyondNetZero Chairman John Browne, who once led BP, tells CNBC's Steve Sedgwick at COP28 in Dubai.

Persons: John Browne, Steve Sedgwick Organizations: Email, BP Locations: COP28, Dubai

☆ Exxon Mobil CEO urges COP28 to focus on reducing emissions — not phasing out fossil fuels
▼ + stars: | 2023-12-02 | by ( Sam Meredith | ) www.cnbc.com time to read: +5 min

There's also an ongoing debate about whether an agreement should center on "abated" fossil fuels, which are trapped and stocked with carbon capture and storage technologies, or "unabated" fossil fuels, which are largely understood to be produced and used without substantial reductions in the amount of emitted greenhouse gases. "We cannot save a burning planet with a firehose of fossil fuels," Guterres said. "The 1.5-degree limit is only possible if we ultimately stop burning all fossil fuels. Not everyone is on board with calls to phase out fossil fuels, however. An Exxon Mobil gas station in Washington, DC, US, on Tuesday, Nov. 28, 203.

Persons: Darren Woods, There's, Steve Sedgwick, Woods, U.N, António Guterres, Guterres, Phaseout, David Paul Morris, Exxon Mobil's Woods, Tengku Muhammad Taufik, I'm Organizations: UNITED, EMIRATES, Exxon Mobil, United Arab Emirates, United Arab, Exxon Mobil Corp, Economic Cooperation, APEC, Bloomberg, Getty Images Bloomberg, Getty, Exxon, Big Oil, Petronas, Natural Resources, Mobil Locations: Dubai, COP28, Russia, United Arab Emirates, Asia, San Francisco , California, San Francisco, China, UAE, Washington , DC

☆ EY CEO discusses the energy transition
▼ + stars: | 2023-12-01 | 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 EmailEY CEO discusses the energy transitionCarmine Di Sibio, Ernst and Young CEO, speaks to CNBC's Steve Sedgwick at COP28 in the United Arab Emirates.

Persons: Carmine Di Sibio, Ernst, Young, Steve Sedgwick Organizations: United Locations: COP28, United Arab Emirates

☆ Volvo Cars deputy CEO: We're doubling down on our climate action
▼ + stars: | 2023-12-01 | 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 EmailVolvo Cars deputy CEO: We're doubling down on our climate actionJavier Varela, deputy CEO of Volvo Cars, speaks to CNBC's Steve Sedgwick at COP28 in the United Arab Emirates.

Persons: Javier Varela, Steve Sedgwick Organizations: Volvo, United Locations: COP28, United Arab Emirates

☆ Elon Musk claims advertisers are trying to ‘blackmail’ him
▼ + stars: | 2023-11-30 | 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 EmailElon Musk claims advertisers are trying to ‘blackmail’ himElon Musk claimed at the DealBook summit that advertisers are trying to "blackmail" him, CNBC's Dan Murphy and Steve Sedgwick report.

Persons: ’, Elon Musk, CNBC's Dan Murphy, Steve Sedgwick Organizations: Elon

☆ Renewables: The 'real big money' has to be invested by private companies, says WEF president
▼ + stars: | 2023-11-30 | 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 EmailRenewables: The 'real big money' has to be invested by private companies, says WEF presidentBorge Brende, president of the World Economic Forum, speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28 in the United Arab Emirates.

Persons: Borge Brende, CNBC's Dan Murphy, Steve Sedgwick Organizations: Renewables, Economic, United Locations: COP28, United Arab Emirates

☆ Climate crisis: The price of inaction far exceeds the price of action, WEF president says
▼ + stars: | 2023-11-30 | 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 EmailClimate crisis: The price of inaction far exceeds the price of action, WEF president saysBorge Brende, president of the World Economic Forum, speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28 in the United Arab Emirates.

Persons: Borge Brende, CNBC's Dan Murphy, Steve Sedgwick Organizations: Economic, United Locations: COP28, United Arab Emirates

☆ Create something new instead of trying to reform the old, says Indian renewable energy firm's CEO
▼ + stars: | 2023-11-30 | 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 EmailCreate something new instead of trying to reform the old, says Indian renewable energy firm's CEOReNew CEO Sumant Sinha speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28.

Persons: Sumant Sinha, CNBC's Dan Murphy, Steve Sedgwick Locations: COP28

☆ We'll never achieve energy transition goals without nuclear energy, IAEA chief says
▼ + stars: | 2023-11-30 | 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 EmailWe'll never achieve energy transition goals without nuclear energy, IAEA chief saysRafael Mariano Grossi, director general of the International Atomic Energy Agency, speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28.

Persons: Rafael Mariano Grossi, CNBC's Dan Murphy, Steve Sedgwick Organizations: IAEA, International Atomic Energy Agency Locations: COP28

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