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Kategorie-Archiv: CNBC Financial News
Caught cold by UniCredit’s swoop on Commerzbank, Germany will want to avoid a national embarrassment
Italy’s UniCredit appears to have caught German authorities off guard with a potential multibillion euro merger of Frankfurt-based Commerzbank.
China likely needs more than rate cuts to boost economic growth
More fiscal support is needed, analysts said, after the PBOC surprised markets by announcing plans to cut a number of rates.
Justice Department accuses Visa of debit network monopoly that affects price of ’nearly everything’
Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit
The 61-year-old executive adopted a trading plan for the sale of up to six million Nvidia shares, and he has hit that threshold months ahead of schedule.
Take a look inside a $1.1 million ‚zero emissions‘ home
Federal officials are trying to boost the energy efficiency of residential and commercial real estate.
Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation
No governor had dissented from an interest rate decision since 2005.
Commerzbank board member warns of significant job losses with a hostile UniCredit takeover
Commerzbank supervisory board member Stefan Wittmann told CNBC’s Annette Weisbach that „we certainly hope we can avoid“ a hostile takeover by the Italian bank.
China launches probe into Calvin Klein parent over Xinjiang supply chain ‘disruptions’
China’s Ministry of Commerce said it was launching a probe into Calvin Klein-parent PVH Group over alleged business disruptions involving Xinjiang.
China central bank releases slate of support measures amid a deepening economic slump
Beijing will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio, or RRR, by 50 basis points in the near term, People’s Bank of China Gov. Pan Gongsheng said.