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Top trader Vitol eyeing metals market as global oil demand set to peak in 10 years, CEO signals
In contrast to the eventual decline of the crude industry, metals business is going to witness a "great deal of growth," CEO Russell Hardy said.Business - CNBC - 15 hours ago -
Global public debt to pass $100tn this year, says IMF
Fund calls for tougher action by big economies, with debt set to approach 100% of world GDP by end of decadeBusiness - Financial Times - October 15 -
Global Electricity Demand Is Rising Faster Than Expected, I.E.A. Says
A surge in power use worldwide could make it harder for nations to slash emissions and keep global warming in check.Top stories - The New York Times - October 16 -
Global electricity demand to double by 2050, IEA’s World Energy Outlook says
Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency saidBusiness - MarketWatch - October 16 -
Half of all global food threatened by growing water crisis, report says
The world has a worsening water crisis, and half of all food production will be at risk of failure by the middle of this century.Top stories - NBC News - October 17 -
Global battle against inflation has largely been won, IMF says
The good news for the global economy is that the battle against inflation has largely been won, said Pierre-Olivier Gourinchas, the chief economist of the International Monetary Fund, on Tuesday.Business - MarketWatch - October 22 -
PM says Russia risks global food security in Ukraine
Despite the war, Ukraine is still a significant supplier of agricultural goods including grain.Top stories - BBC News - October 22 -
Global public debt will hit $100 trillion by year-end, says IMF
The IMF warned of the risks posed by unsustainable public debt levels.Business - CNBC - October 23 -
Global coral reef bleaching event is largest on record, report says
New data from the National Oceanic and Atmospheric Administration has scientists ringing alarm bells about the health of the world's oceans. Seventy-seven percent of the world's coral reefs have ...Top stories - CBS News - October 23 -
U.S. election won't be an 'uneventful event' for global markets, UBS chief says
Ermotti forecasts "market movements" will take place in the wake of the upcoming U.S. elections, no matter who wins leadership of the world's largest economy.Business - CNBC - October 30 -
Climate breakdown will hit global growth by a third, say central banks
New modelling finds risk to global economies much worse than previously thought, but group of central banks says even this may be an underestimate. The physical shocks caused by climate breakdown ...World - The Guardian - 7 hours ago -
TSMC CEO says AI is not in a bubble and its growth is for real
the chief executive of contract manufacturer Taiwan Semiconductor Manufacturing Co. says the artificial intelligence revolution is for real.Business - MarketWatch - October 17 -
Embraer CEO says jet maker studying possibilities for a new aircraft
The company is focusing on selling its E2 and regional jets and addressing supply chain issues, the CEO said.Business - CNBC - October 18 -
Embraer CEO says jet maker studying possibilities for a new aircraft
Brazilian plane maker Embraer SA is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC.Top stories - NBC News - October 18 -
Disney says it will name CEO Bob Iger’s second successor in 2026
The House of Mouse taps former Morgan Stanley CEO as its new board chair, who will lead search for Iger’s replacement. Walt Disney said it would announce another replacement for CEO Bob Iger in ...World - The Guardian - October 21 -
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.Business - CNBC - October 22 -
Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...Top stories - NBC News - October 21 -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
Several of Wall Street's chief executives don't see more than one more interest rate cut by the Fed this year, citing expectations of continued inflation.Business - CNBC - October 29 -
Morgan Stanley CEO says the era of zero interest rates and inflation 'is over'
RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel of finance CEOs in Riyadh.Top stories - NBC News - October 29 -
DraftKings CEO says sports betting industry is at 'important inflection point'
It's been six years since the Supreme Court lifted the federal ban on sports betting, and the practice is now legal in 38 states and Washington, D.C.Business - CNBC - 1 hour ago -
Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live
Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...World - The Guardian - October 15 -
IMF says global fight against inflation is 'almost won' but warns of rising risks
The IMF projects global headline inflation to fall to 3.5% by the end of 2025.Business - CNBC - October 22 -
A 'tidal wave' of natural gas supply — the biggest yet — will reshape global markets, says RBC Capital
The expansion is likely to lead to a state of oversupply by the end of 2026, analysts such as RBC's Anan Dhanani have projected.Business - CNBC - October 23 -
UK must raise its climate ambition to restore global reputation, says adviser
Businesses urge Labour to adopt CCC recommendations and set out ‘ambitious and investable’ goalsBusiness - Financial Times - October 25 -
Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says
Global public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.Business - CNBC - October 31 -
The UAE can guarantee the 'safety and the security’ of U.S.-made chips, G42 CEO says
The comments come as Washington reportedly continues to weigh limits on advanced chip sales to the Middle East over national security concerns.Business - CNBC - October 16 -
Fannie Mae CEO says she has never seen a housing market like this before
Fannie Mae CEO Priscilla Almodovar talks to MarketWatch about how the lock-in effect, high mortgage rates and climate risk are affecting home buyers.Business - MarketWatch - October 16 -
Trump Says Apple CEO Tim Cook Called Him Over EU Fines
The GOP candidate said the tech boss spoke to him about penalties Apple received from European Union regulators and courts.Business - Inc. - October 18 -
Trump says he'd hire a 78-year-old CEO. There aren't many of them.
Donald Trump said he'd appoint a CEO who is 78, his own age. But chief executives of top companies who are his age or older are rare.Politics - CBS News - October 18 -
Fortune 500 CEO 'always' asks her employees this question—Harvard expert says it's great leadership: 'Well done'
TIAA CEO Thasunda Brown Duckett hosts “jam sessions” with small groups of employees so they can share their ideas, concerns and perspectives with her directly.Business - CNBC - October 21 -
CEO of Europe defense company says region faces ‘wake-up call’ to boost spending
Countries have to start building capabilities and replenish stockpiles, said CEO of Swedish defense contractor Saab.Business - MarketWatch - October 22 -
Former Abercrombie & Fitch CEO Mike Jeffries arrested on sex trafficking, interstate prostitution charges
Former Abercrombie & Fitch CEO Mike Jeffries was arrested Tuesday on charges of sex trafficking and engaging in interstate prostitution, prosecutors announced Tuesday.Top stories - CBS News - October 22 -
Ex-Abercrombie CEO used power, wealth and influence to traffic vulnerable men, prosecutors say
Prosecutors in the US said the men used force, fraud and coercion to engage in "violent and exploitive" sexual acts.Top stories - BBC News - October 23 -
Starbucks’ latest financials sink shares, as CEO says it’s ‘harder to be a customer than it should be’
Shares of Starbucks fell on Tuesday after the coffee chain offered fresh signs of its struggle to bring back consumers, saying its turnaround efforts “will take time” as its new chief executive ...Business - MarketWatch - October 23 -
Jim Cramer says don't sell Starbucks stock on the new CEO's painful moves to right the ship
New Starbucks CEO Brian Niccol has cleared the decks for his turnaround plan.Business - CNBC - October 23 -
Coca-Cola CEO says McDonald's E. coli outbreak won't hurt beverage company's sales
Coca-Cola CEO James Quincey said an E. coli outbreak linked to McDonald's isn't likely to hurt the beverage company's sales at this stage.Business - CNBC - October 23 -
NextEra sees strong data center interest in restarting Iowa nuclear plant, CEO says
NextEra is conducting engineering assessments at Duane Arnold and is working with the Nuclear Regulatory Commission.Business - CNBC - October 23