Marketers are currently experiencing one of their toughest environments ever because of the multiple options for communicating with consumers, according to the chief marketing and customer officer at candy and petcare business Mars. Speaking to CNBC’s “Marketing Media Money” show, Andrew Clarke said that reaching mass audiences was a challenge […]
CNBC News
Apple’s iPhone 7 Plus was the second-best selling phone in China in 2017
Apple was the only foreign brand to have a smartphone model in the top 10 best-selling handsets in China in 2017. The iPhone 7 Plus managed 2.8 percent of all sales in the world’s largest smartphone market, according to data from Counterpoint Research released Monday. Apple’s large-screen device trailed the […]
Germany needs new political blood as Merkel is unlikely to finish fourth term, analyst says
Germany may be a step closer to forming a new government, but there are doubts that Chancellor Angela Merkel will be its leader for the full mandate, a political analyst told CNBC on Monday. Following failed coalition talks between Merkel’s German Christian Democrats (CDU), the Greens and the Free Democratic […]
Airbus beats Boeing in 2017 order race after it logs huge December numbers
A spree of selling in the final weeks of 2017 has helped Airbus surge past Boeing to win the annual commercial jet orders race. The European planemaker said after cancellations were taken into account, 1,109 aircraft were placed. Boeing meanwhile booked 912 net orders across the year. Speaking via webcast […]
US wants to cut money for Palestinian refugees
The Trump administration is preparing to withhold tens of millions of dollars from the U.N. agency for Palestinian refugees, cutting the year’s first contribution by more than half or perhaps entirely, and making additional donations contingent on major changes to the organization, according to U.S. officials. President Donald Trump hasn’t […]
Airbus admits it will have to stop making its A380 if there’s no new deal with Emirates
Airbus has admitted that unless it can find more buyers for its A380 superjumbo, the program may have to end. The European planemaker has said it will build 12 A380s in 2018 and a further eight in 2019. Airbus said the minimum annual number it is prepared to build each […]
Asian shares largely gain, but Chinese stocks stumble
Most major indexes in Asia closed higher on Monday after Wall Street closed out last week at records and the dollar continued to struggle. The Nikkei 225 rose 0.26 percent, or 61.06 points, to close at 23,714.88, despite the yen’s climb higher. Financial names rose in the session, but automakers […]
Xiaomi could go public in the second half of 2018 at a $100 billion valuation
Chinese smartphone maker Xiaomi has picked Citic Securities, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO, IFR reported. The initial public offering could be the world’s biggest tech float this year — valuing the company at up to $100 billion – and is expected to come […]
Trump earns ‘high marks’ from UBS for his economic policies
Swiss bank UBS said Monday that President Donald Trump deserves praise for his pro-growth policies. Those efforts in making the U.S. a more business-friendly economy, which include the recently passed tax reform, are often under-appreciated, said Mike Ryan, UBS Wealth Management’s chief investment officer for Americas. But the president has […]
The West has ushered in a world order it does not like
In spite of giving the world the currency it needs and making a net contribution to the global economy of 10 trillion dollars over the 27 years since the end of the Cold War, America is accused by its European allies of a selfish withdrawal from world affairs. With an […]