Tesla :  fewer cars delivered in the third quarter

Tesla: fewer cars delivered in the third quarter

  Tesla shipped 435,059 cars worldwide in the third quarter, as factory shutdowns led to its first drop in deliveries in over a year. The results, published on Monday, fell short of expectations...
October 02, 2023 at 10:48 am EDT
Jeremy Hunt, UK Chancellor :  no tax cuts, but a rise in the minimum wage

Jeremy Hunt, UK Chancellor: no tax cuts, but a rise in the minimum wage

Speaking on the bangs of the Conservative Party Conference in Manchester, UK Chancellor of the Exchequer Jeremy Hunt said he had no room to cut taxes before the election, due to inflation and the cost...
October 02, 2023 at 06:49 am EDT
OCBC :  a U.S. recession in the first half of 2024!

OCBC: a U.S. recession in the first half of 2024!

-- We expect a recession in the US probably in the first half of next year, says Vasu Menon, Managing Director of Investment Strategy at OCBC, discussing Federal Reserve policy and its implications...
October 02, 2023 at 06:33 am EDT
FTX Founder Sam Bankman-Fried's Trial Starts This Week

FTX Founder Sam Bankman-Fried's Trial Starts This Week

-- The crypto fraud trial against FTX founder Sam Bankman-Fried is set to begin in a Manhattan federal courtroom. Annabelle Droulers reports on Bloomberg Television....
October 02, 2023 at 06:28 am EDT
Huawei :  the 100% Chinese smartphone marks a new phase in the technology war

Huawei: the 100% Chinese smartphone marks a new phase in the technology war

Export controls haven't stopped China from developing surprisingly advanced semiconductors for smartphones, heightening American concerns about the country's military capabilities amid great...
September 29, 2023 at 04:29 pm EDT
Christian Nolting, Deutsche Bank :  We need to stay invested and be more defensive!

Christian Nolting, Deutsche Bank: We need to stay invested and be more defensive!

Christian Nolting, Global CIO of Deutsche Bank International Private Bank, suggests that investors stay invested and perhaps become a little more defensive instead of buying cash, as volatility is...
September 29, 2023 at 12:58 pm EDT
Product recalls, renewed growth, investment in AI. Roy Jakobs, Philips CEO

Product recalls, renewed growth, investment in AI. Roy Jakobs, Philips CEO

-- Dutch Philips Group CEO Roy Jakobs discusses the consequences of the sleep apnea machine recall. The Dutch medical equipment manufacturer has not given a definitive figure for the cost of the...
September 29, 2023 at 10:33 am EDT
Larry Fink, BlackRock :  where to allocate the $9.5 billion under management?

Larry Fink, BlackRock: where to allocate the $9.5 billion under management?

BlackRock CEO Larry Fink discusses inorganic growth opportunities, as the funds are endowed with $9.5 billion, and recalls the group's latest transformative acquisition, BGI for $6.6 billion. He...
September 29, 2023 at 06:25 am EDT
Larry Fink, CEO of BlackRock :  the US will avoid recession until 2025

Larry Fink, CEO of BlackRock: the US will avoid recession until 2025

BlackRock CEO Larry Fink believes that the US economy is very dynamic, and may not enter recession until 2025, supported by infrastructure and investment plans. He expresses doubts about Europe,...
September 29, 2023 at 06:22 am EDT
BOJ Announces Unscheduled Bond Buying Operation

BOJ Announces Unscheduled Bond Buying Operation

-- The Bank of Japan announced an unscheduled bond-purchase operation Friday in a reminder to the market of its determination to manage the upward momentum in sovereign yields. Valerie Tytel reports...
September 29, 2023 at 06:14 am EDT
European Electric Vehicle Landscape

European Electric Vehicle Landscape

The European market for electric vehicles is booming, with 3 million sales to date. The development of charging infrastructures, requiring 250 billion euros of investment, is crucial to the growth of...
September 28, 2023 at 03:57 pm EDT
German Chancellor Olaf Scholz in favor of global competition in EVs, against protectionism

German Chancellor Olaf Scholz in favor of global competition in EVs, against protectionism

As the European Union launched an anti-subsidy investigation into Chinese electric vehicles, German Chancellor Olaf Scholz warned against actions that could harm the EU's domestic industries, saying...
September 28, 2023 at 11:14 am EDT
Jonathan Gray, Blackstone :  US-Canada trade agreement benefits our business

Jonathan Gray, Blackstone: US-Canada trade agreement benefits our business

Blackstone Chairman and CEO Jonathan Gray believes that central banks will take a pause in raising interest rates, but will keep them high until inflation comes down. He also points to the...
September 28, 2023 at 09:56 am EDT
Bernd Montag, CEO of Siemens Healthineers :  What contribution can AI make to precision medicine?

Bernd Montag, CEO of Siemens Healthineers: What contribution can AI make to precision medicine?

Bernd Montag, President and CEO of Siemens Healthineers, discusses geopolitical difficulties, their effects on the Group's activities, and the German economic situation. He also reveals the company's...
September 28, 2023 at 06:53 am EDT
UAW Threatens to Expand Strikes Again

UAW Threatens to Expand Strikes Again

-- The United Auto Workers union plans to expand its strike against Detroit's legacy automakers on Friday if there isn't major progress in negotiations. Bloomberg's Su Keenan has the latest....
September 28, 2023 at 04:21 am EDT
Meta Unveils $500 Quest 3 Headset to Compete With Apple

Meta Unveils $500 Quest 3 Headset to Compete With Apple

-- Meta Platforms introduced its latest lineup of head-worn devices, staking fresh claim to the virtual- and augmented-reality industry just ahead of Apple pushing into the market. Bloomberg's Ed...
September 28, 2023 at 04:14 am EDT
INTERVIEW - Stefan Hoops, CEO of DWS Group :  "The SEC investigation for greenwashing is behind us!"

INTERVIEW - Stefan Hoops, CEO of DWS Group: "The SEC investigation for greenwashing is behind us!"

Stefan Hoops, CEO of DWS Group, looks back on the $25 million payment to settle Securities and Exchange Commission investigations into alleged greenwashing and anti-money laundering failures. He then...
September 27, 2023 at 03:24 pm EDT
"We're seeing a collapse in the stock market" Mike Wilson, Morgan Stanley

"We're seeing a collapse in the stock market" Mike Wilson, Morgan Stanley

Morgan Stanley's Mike Wilson, CIO and Head of U.S. Equity Strategy, explains why he believes markets are operating in a late-cycle economic environment. He also discusses consumer sentiment, savings,...
September 27, 2023 at 02:49 pm EDT
Towards a sharp fall in sterling by the end of the year (Allianz)

Towards a sharp fall in sterling by the end of the year (Allianz)

Allianz's chief economist, Ludovic Subran, questions central bank policies. As data deteriorates, he worries about the risks of further rate hikes, particularly in Europe, and pressures on housing. He...
September 27, 2023 at 10:27 am EDT
Luis Gallego Martin, IAG CEO :  What hedging on fuel prices?

Luis Gallego Martin, IAG CEO: What hedging on fuel prices?

On the occasion of the World Aviation Festival, Luis Gallego Martin, Chairman and CEO of IAG, discusses the impact of rising fuel prices on airfares and his hedging strategies, as well as levels of...
September 27, 2023 at 07:49 am EDT
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