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The energy sector requires new companies with the mentality of a Tesla or Amazon to push forward in the years ahead, according to the ex-CEO of energy infrastructure powerhouse Snam . "It took a Tesla to disrupt ... the car manufacturing sector, it took an Amazon to disrupt the retail market, and I think it's going to take new companies to disrupt the energy sector," Marco Alvera, who is now the CEO of Tree Energy Solutions, a firm looking to develop projects that use green hydrogen, said. Alvera, who was speaking to CNBC's Steve Sedgwick during a recent interview, went on to emphasize the importance of companies adopting an approach centered around dynamism. "The time it takes Amazon to build one of their warehouses — there's no way a conventional company can do that," he went on to state. "This is about taking some of the West Coast mentality, some of the Tesla mentality, some of the, you know, 'we can do it and we can do it quickly' attitude and delivering faster than a conventional approach would be able to deliver," he said.
But first, the latest installment in Wall Street's war for tech talent. Big Tech wants its engineers back. In the ongoing war for top engineering talent, Big Tech has landed the latest blow against one of Wall Street's most powerful firms. Read more about the top firms scooping up recent Goldman departures, and how it could be representative of the larger issues Wall Street faces when trying to attract tech talent. Robo-advisor Betterment just launched customized crypto portfolios, the Wall Street Journal reports.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailItaly is on track to electing the most right-wing government since MussoliniItalians are on course to electing the country’s first female prime minister and the first government led by the far-right since the end of World War II. CNBC’s Steve Sedgwick reports live from Italy.
The Brothers of Italy party stands out from the crowd and is expected to gain the largest share of the vote for a single party. Giorgia Meloni, leader of the right-wing party Fratelli d'Italia (Brothers of Italy) holds a giant Italian national flag during a political rally on February 24, 2018 in Milan, Italy. The snap election follows the resignation of Prime Minister Mario Draghi in July, after he failed to unite a fractious political coalition behind his economic policies. An election win by Fratelli d'Italia could see the party's leader, Giorgia Meloni, become Italy's first female prime minister. Fratelli d'Italia has been pro-NATO and pro-Ukraine and supports sanctions against Russia, unlike Lega which is ambivalent about those measures.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQueen Elizabeth II's funeral closes with 'God Save the King'CNBC's Steve Sedgwick joins 'Squawk Box' to report the latest from Queen Elizabeth II' funeral at Westminster Abbey.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorld leaders arrive in London for the state funeral of Queen Elizabeth IIWorld leaders arrive in London for the state funeral of Queen Elizabeth II. CNBC's Steve Sedgwick reports.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQueen Elizabeth II's coffin en route to Windsor Castle for committal serviceCNBC's Steve Sedgwick joins 'Squawk Box' to report the latest from Queen Elizabeth II's funeral procession as the Queen's coffin heads to its final resting place at Windsor Castle.
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