Ukraine has banned Russian adult men aged 16-60 years from entering Ukraine, the head of the border service Petro Tsygykal said in a televised meeting on Friday. “Today, the entry of foreigners is limited – primarily citizens of the Russian Federation – non-admission of citizens of the Russian Federation aged […]
CNBC News
Wilder and Fury’s heavyweight matchup could open the door for a $100 million ‘superfight’
Saturday night in Los Angeles will see two unbeaten heavyweight boxing champions clash for a world title and a combined fight purse reported to be $24 million. The war of words between World Boxing Council (WBC) champion Deontay Wilder and British fighter Tyson Fury has been escalating in the build-up […]
Huawei says it will hit $100 billion in revenue for 2018
Huawei’s revenues will in 2018 surpass $100 billion for the first time, a top boss at the Chinese tech giant said Thursday. Speaking to CNBC in Mandarin via a translator, Eric Xu, one of the rotating chairmen at Huawei said that business is growing “slightly better” than had been expected. […]
What to expect from the crucial G-20 meeting between Trump and Xi this weekend
U.S. President Donald Trump and Chinese leader Xi Jinping are expected to discuss trade at the G-20 summit in Argentina this week — a meeting that’s watched globally for clues on where tensions between the U.S. and China are going. The meeting comes after tit-for-tat tariffs between the two countries […]
Chinese government orders fishing boats to behave during G-20 summit
Beijing has issued a notice to Chinese fishing boats operating overseas, warning them to avoid illegal activities during the G-20 summit in Argentina this weekend. The country’s Agricultural Ministry released a statement this week asking Chinese offshore fishing enterprises to stay at least three nautical miles away from other countries’ […]
Trump and Xi may reach a deal at the G20, but it may not be something either wants, says Wells Fargo
Expect a deal between U.S. President Donald Trump and his Chinese counterpart Xi Jinping at the G-20 summit in Argentina, but manage your expectations, a Wells Fargo executive told CNBC on Friday. “I am optimistic that they will strike a deal. I don’t think it’s going to be the deal […]
Trump and Xi may reach a deal at the G-20, but it may not be something either wants, says Wells Fargo
Expect a deal between U.S. President Donald Trump and his Chinese counterpart Xi Jinping at the G-20 summit in Argentina, but manage your expectations, a Wells Fargo executive told CNBC on Friday. “I am optimistic that they will strike a deal. I don’t think it’s going to be the deal […]
Sheryl Sandberg reportedly told Facebook staff to research George Soros
Facebook Chief Operating Officer Sheryl Sandberg told the company’s communications staff to carry out research on the financial interests of liberal billionaire George Soros, the New York Times said late Thursday. Sandberg asked for the information in an email in January to senior communications and policy executives, the Times reported, […]
Goodbye bellboy. Robots will check you in and carry your luggage at smart hotels of the future
Smart hotels in China will use robots to carry luggage, install facial recognition for easier check-ins, and use smart keys on phones to turn on air conditioning, predicts Jane Sun, CEO of CTrip, one of China’s largest online travel services company. And you won’t even have to leave a tip. […]
US budget airline veteran to buy stake in struggling WOW Air after Icelandair abandons deal
Frontier Airlines’ parent is planning to buy a stake in low-cost carrier WOW Air, the companies said Thursday, the same day Icelandair Group announced it had scrapped a planned acquisition of its ailing rival, calling WOW’s fate into question. Indigo Partners, a Phoenix-based private equity firm which owns Frontier, has […]