Lenovo’s CEO says a trade war isn’t good for anyone, calls on US and China to resolve differences
As the U.S. and China weigh their next steps on trade, the CEO of Lenovo is calling on both countries to work out their differences.
Storms, viruses, bankers: What could cause another economic crisis?
Ten years ago the global economy almost collapsed, but what happened next and what might cause another global economic crisis?
Florence hovers over the Carolinas, bringing massive rain and floods as death toll climbs
Forecasters said the 350-mile-wide storm’s slow progress across North and South Carolina could leave much of the region under water.
Abu Dhabi Financial Group offers revised bid for Abraaj’s ME funds
The Abu Dhabi-based alternative investment firm is among more than a dozen bidders seeking to buy the bulk of Abraaj’s private equity funds.
There’s a good chance ‘sanity will prevail’ in US-China tariff battle, says UBS chairman
Washington and Beijing are not likely to undo a lot of the positive benefits that each country experienced due to globalization, Axel Weber, chairman of UBS, told CNBC at the annual Singapore Summit.
Moon faces toughest challenge yet in third summit with Kim
South Korean President Moon Jae-in and North Korean leader Kim Jong Un are scheduled to hold a third summit next week in Pyongyang.
Greece to ease capital controls ‘very soon,’ finance minister says
“We will have new easing (of capital controls) very soon,” Euclid Tsakalotos was quoted as saying in an interview with Naftemporiki newspaper.
A look inside Chan Zuckerberg, the philanthropic project funded by billions in Facebook stock sales
Two years after Mark Zuckerberg and Priscilla Chan announced an audacious plan to use their Facebook fortune to try and end disease in their children’s lifetime, The Chan Zuckerberg Initiative has ballooned to 250 people.
G20 trade ministers say WTO reform ‘urgent’ as new Trump tariffs loom
The ministers said they were “stepping up the dialogue” on international trade disputes, according to the statement issued at the summit.
One unintended consequence of Lehman collapse: The birth of a new kind of bank
For Revolut’s Nikolay Storonsky, various fintech start-ups might not have come about had it not been for Lehman Brothers’ fall.