Billionaire James Dyson reportedly buys $54 million penthouse in Singapore

The Wallich Residence is located within the Tanjong Pagar Centre (second from right), Singapore’s tallest building. British technology firm founder James Dyson and his wife have bought a luxury penthouse in Singapore for a record 73.8 million Singapore dollars ($54.2 million), according to The Business Times newspaper on Wednesday. The privately held company Dyson founded is known for selling $400 hair dryers and sleekly designed vacuum cleaners. The Business Times did not specify its sources, b


The Wallich Residence is located within the Tanjong Pagar Centre (second from right), Singapore’s tallest building. British technology firm founder James Dyson and his wife have bought a luxury penthouse in Singapore for a record 73.8 million Singapore dollars ($54.2 million), according to The Business Times newspaper on Wednesday. The privately held company Dyson founded is known for selling $400 hair dryers and sleekly designed vacuum cleaners. The Business Times did not specify its sources, b
Billionaire James Dyson reportedly buys $54 million penthouse in Singapore Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: huileng tan
Keywords: news, cnbc, companies, 54, james, wife, reportedly, million, singapore, dyson, wednesdaythe, buys, newspaper, business, penthouse, billionaire, records, times, wire


Billionaire James Dyson reportedly buys $54 million penthouse in Singapore

The Wallich Residence is located within the Tanjong Pagar Centre (second from right), Singapore’s tallest building.

British technology firm founder James Dyson and his wife have bought a luxury penthouse in Singapore for a record 73.8 million Singapore dollars ($54.2 million), according to The Business Times newspaper on Wednesday.

The privately held company Dyson founded is known for selling $400 hair dryers and sleekly designed vacuum cleaners.

The Business Times did not specify its sources, but local newspaper The Straits Times said it had reviewed documents revealing the purchase.

Official title records seen by Reuters show billionaire Dyson and his wife became tenants of the 99-year leasehold property on June 20. The records did not state the price paid, the wire said.


Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: huileng tan
Keywords: news, cnbc, companies, 54, james, wife, reportedly, million, singapore, dyson, wednesdaythe, buys, newspaper, business, penthouse, billionaire, records, times, wire


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Top Apple analyst: The surge in services is not enough because 75% of business likely to decline

Big questions still remain about the fate of Apple’s hardware business, particularly the iPhone, top Wall Street analyst Toni Sacconaghi told CNBC on Wednesday. The tech giant’s stock is surging after it reported earnings after the bell Tuesday that beat expectations. “Expectations were low and they managed to modestly beat those but in absolute terms, the business is not particularly healthy,” the Bernstein senior technology research analyst said on “Fast Money: Halftime Report. ” “We had iPhon


Big questions still remain about the fate of Apple’s hardware business, particularly the iPhone, top Wall Street analyst Toni Sacconaghi told CNBC on Wednesday. The tech giant’s stock is surging after it reported earnings after the bell Tuesday that beat expectations. “Expectations were low and they managed to modestly beat those but in absolute terms, the business is not particularly healthy,” the Bernstein senior technology research analyst said on “Fast Money: Halftime Report. ” “We had iPhon
Top Apple analyst: The surge in services is not enough because 75% of business likely to decline Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: michelle fox
Keywords: news, cnbc, companies, business, surge, analyst, told, 75, apple, services, likely, iphone, wednesdaythe, toni, wall, sacconaghi, beat, particularly, decline


Top Apple analyst: The surge in services is not enough because 75% of business likely to decline

Big questions still remain about the fate of Apple’s hardware business, particularly the iPhone, top Wall Street analyst Toni Sacconaghi told CNBC on Wednesday.

The tech giant’s stock is surging after it reported earnings after the bell Tuesday that beat expectations.

“Expectations were low and they managed to modestly beat those but in absolute terms, the business is not particularly healthy,” the Bernstein senior technology research analyst said on “Fast Money: Halftime Report. ”

“We had iPhone revenue down 17% despite the fact that Apple had to cut prices to simulate demand in the quarter,” added Sacconaghi, a five-star-rated analyst on TipRanks, an analyst review service.


Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: michelle fox
Keywords: news, cnbc, companies, business, surge, analyst, told, 75, apple, services, likely, iphone, wednesdaythe, toni, wall, sacconaghi, beat, particularly, decline


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Cramer Remix: Why I still have faith in Boeing

Financial news have been “correctly” dominated by the Federal Aviation Administration’s order that Boeing 737 Max jets be grounded in the United States after two of the planes were involved in fatal crashes in less than five months, CNBC’s Jim Cramer said Wednesday. The “Mad Money” host addressed questions he has been asked about how the event could affect the stock. But Cramer isn’t giving up on the company. “I have total confidence in the Boeing company to get to the bottom of this and to rest


Financial news have been “correctly” dominated by the Federal Aviation Administration’s order that Boeing 737 Max jets be grounded in the United States after two of the planes were involved in fatal crashes in less than five months, CNBC’s Jim Cramer said Wednesday. The “Mad Money” host addressed questions he has been asked about how the event could affect the stock. But Cramer isn’t giving up on the company. “I have total confidence in the Boeing company to get to the bottom of this and to rest
Cramer Remix: Why I still have faith in Boeing Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: tyler clifford, scott olson, getty images, daniel acker, bloomberg, brendan mcdermid, erin scott, steve marcus
Keywords: news, cnbc, companies, trust, remix, stock, faith, cramer, thats, united, boeing, total, company, woes, wednesdaythe


Cramer Remix: Why I still have faith in Boeing

Financial news have been “correctly” dominated by the Federal Aviation Administration’s order that Boeing 737 Max jets be grounded in the United States after two of the planes were involved in fatal crashes in less than five months, CNBC’s Jim Cramer said Wednesday.

The “Mad Money” host addressed questions he has been asked about how the event could affect the stock. Shares of the airplane manufacturer saw a 0.46 percent bump during the session, but he said it’s “too soon” to assess the impact.

But Cramer isn’t giving up on the company.

“I have total confidence in the Boeing company to get to the bottom of this and to restore any trust lost in the company,” he said. “If that’s enough, you should buy it.”

Hear Cramer react to Boeing’s woes here


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: tyler clifford, scott olson, getty images, daniel acker, bloomberg, brendan mcdermid, erin scott, steve marcus
Keywords: news, cnbc, companies, trust, remix, stock, faith, cramer, thats, united, boeing, total, company, woes, wednesdaythe


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Even if North Korea and the US don’t win from the summit, experts say Trump and Kim will

U.S. President Donald Trump and North Korean leader Kim Jong Un will both gain politically from their meeting in Vietnam this week — even if there’s limited progress from what should be viewed as a “continuity summit,” a risk consultant told CNBC on Wednesday. “The international community will stand back and say not much has happened, but if you look at domestic agendas —both for Kim and for President Trump — actually a limited amount of progress would be success,” said Richard Fenning, CEO of C


U.S. President Donald Trump and North Korean leader Kim Jong Un will both gain politically from their meeting in Vietnam this week — even if there’s limited progress from what should be viewed as a “continuity summit,” a risk consultant told CNBC on Wednesday. “The international community will stand back and say not much has happened, but if you look at domestic agendas —both for Kim and for President Trump — actually a limited amount of progress would be success,” said Richard Fenning, CEO of C
Even if North Korea and the US don’t win from the summit, experts say Trump and Kim will Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-27  Authors: huileng tan, eunice yoon
Keywords: news, cnbc, companies, say, progress, wednesdaythe, korean, trump, north, korea, president, meeting, week, experts, kim, summit, dont, limited, win


Even if North Korea and the US don't win from the summit, experts say Trump and Kim will

U.S. President Donald Trump and North Korean leader Kim Jong Un will both gain politically from their meeting in Vietnam this week — even if there’s limited progress from what should be viewed as a “continuity summit,” a risk consultant told CNBC on Wednesday.

“The international community will stand back and say not much has happened, but if you look at domestic agendas —both for Kim and for President Trump — actually a limited amount of progress would be success,” said Richard Fenning, CEO of Control Risks, a consultancy.

Following their historic meeting in Singapore last June, key issues remain at the second summit between Trump and Kim: The denuclearization of the Korean Peninsula, as well as sanctions on Pyongyang which have taken a toll on the North’s economy.


Company: cnbc, Activity: cnbc, Date: 2019-02-27  Authors: huileng tan, eunice yoon
Keywords: news, cnbc, companies, say, progress, wednesdaythe, korean, trump, north, korea, president, meeting, week, experts, kim, summit, dont, limited, win


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Germany’s top central banker warns against bringing back stimulus in Europe

The European Central Bank (ECB) shouldn’t rush into implementing massive bond-purchase programs in the future, the head of the German central bank warned in an interview with CNBC Wednesday. The 19-country region launched a quantitative easing package — a massive stimulus program — back in 2015 to prop up the moribund economy following the sovereign debt crisis. The active bond-buying ended in December last year, but throughout its existence there was running opposition, saying it was dragging o


The European Central Bank (ECB) shouldn’t rush into implementing massive bond-purchase programs in the future, the head of the German central bank warned in an interview with CNBC Wednesday. The 19-country region launched a quantitative easing package — a massive stimulus program — back in 2015 to prop up the moribund economy following the sovereign debt crisis. The active bond-buying ended in December last year, but throughout its existence there was running opposition, saying it was dragging o
Germany’s top central banker warns against bringing back stimulus in Europe Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-27  Authors: silvia amaro, ints kalnins
Keywords: news, cnbc, companies, wednesdaythe, europe, banker, bringing, debt, massive, weidmann, central, stimulus, fiscal, germanys, bank, warns, wednesdayespecially, sovereign, monetary


Germany's top central banker warns against bringing back stimulus in Europe

The European Central Bank (ECB) shouldn’t rush into implementing massive bond-purchase programs in the future, the head of the German central bank warned in an interview with CNBC Wednesday.

The 19-country region launched a quantitative easing package — a massive stimulus program — back in 2015 to prop up the moribund economy following the sovereign debt crisis. The active bond-buying ended in December last year, but throughout its existence there was running opposition, saying it was dragging on for too long.

“I have always argued that for me, the purchase of sovereign debt is a very special instrument,” Jens Weidmann, the president of the Bundesbank, told CNBC’s Julianna Tatelbaum Wednesday.

“Especially in the context of a monetary union, where you have one monetary policy but 19 independent fiscal policies and, the danger of communitizing fiscal debt is very different from that of the U.S. or Japan,” he added.


Company: cnbc, Activity: cnbc, Date: 2019-02-27  Authors: silvia amaro, ints kalnins
Keywords: news, cnbc, companies, wednesdaythe, europe, banker, bringing, debt, massive, weidmann, central, stimulus, fiscal, germanys, bank, warns, wednesdayespecially, sovereign, monetary


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New York Times publisher rips Trump over ‘enemy of the people’ accusation

President Donald Trump is encouraging “threats and violence against journalists at home and abroad,” the publisher of The New York Times, A.G. Sulzberger, said in a statement Wednesday. The statement was released by the newspaper shortly after the president published a post on Twitter referring to the Times as the “enemy of the people.” Sulzberger’s comments and Trump’s tweet come days after Egyptian officials detained and then expelled a noted New York Times reporter in the country. The preside


President Donald Trump is encouraging “threats and violence against journalists at home and abroad,” the publisher of The New York Times, A.G. Sulzberger, said in a statement Wednesday. The statement was released by the newspaper shortly after the president published a post on Twitter referring to the Times as the “enemy of the people.” Sulzberger’s comments and Trump’s tweet come days after Egyptian officials detained and then expelled a noted New York Times reporter in the country. The preside
New York Times publisher rips Trump over ‘enemy of the people’ accusation Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: john w schoen, tucker higgins
Keywords: news, cnbc, companies, wrote, york, publisher, trump, paper, accusation, wednesdaythe, times, president, statement, wielded, rips, enemy, sulzberger


New York Times publisher rips Trump over 'enemy of the people' accusation

President Donald Trump is encouraging “threats and violence against journalists at home and abroad,” the publisher of The New York Times, A.G. Sulzberger, said in a statement Wednesday.

The statement was released by the newspaper shortly after the president published a post on Twitter referring to the Times as the “enemy of the people.”

“The phrase ‘enemy of the people’ is not just false, it’s dangerous,” wrote Sulzberger, who was tapped to lead the paper last year and whose family has controlled the paper since the 19th century. “It has an ugly history of being wielded by dictators and tyrants who sought to control public information. And it is particularly reckless coming from someone whose office gives him broad powers to fight or imprison the nation’s enemies.”

Sulzberger’s comments and Trump’s tweet come days after Egyptian officials detained and then expelled a noted New York Times reporter in the country.

The president has long referred to the media as the enemy of the people but has largely refrained from designating particular outlets as such. He has often declared the Times, as well as CNN, NBC News, and other companies “fake news.” He said last year that he would take a “strong look at our country’s libel laws.”


Company: cnbc, Activity: cnbc, Date: 2019-02-20  Authors: john w schoen, tucker higgins
Keywords: news, cnbc, companies, wrote, york, publisher, trump, paper, accusation, wednesdaythe, times, president, statement, wielded, rips, enemy, sulzberger


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GM doesn’t expect to make money off electric cars until next decade

General Motors does not expect its electric vehicles to turn a profit for at least a few more years, CEO Mary Barra told investors Wednesday. The largest U.S. automaker repeated its commitment Wednesday to make its entire vehicle lineup “all-electric,” but provided investors with few details about those plans on a conference call after GM reported fourth-quarter earnings that beat expectations. However, GM is clear that its electric vehicles won’t make money until “early next decade,” Barra said


General Motors does not expect its electric vehicles to turn a profit for at least a few more years, CEO Mary Barra told investors Wednesday. The largest U.S. automaker repeated its commitment Wednesday to make its entire vehicle lineup “all-electric,” but provided investors with few details about those plans on a conference call after GM reported fourth-quarter earnings that beat expectations. However, GM is clear that its electric vehicles won’t make money until “early next decade,” Barra said
GM doesn’t expect to make money off electric cars until next decade Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: robert ferris, bill pugliano, getty images
Keywords: news, cnbc, companies, expect, vehicles, investors, barra, money, decade, profit, cars, electric, wednesdaythe, wont, gm, vehicle, doesnt


GM doesn't expect to make money off electric cars until next decade

General Motors does not expect its electric vehicles to turn a profit for at least a few more years, CEO Mary Barra told investors Wednesday.

The largest U.S. automaker repeated its commitment Wednesday to make its entire vehicle lineup “all-electric,” but provided investors with few details about those plans on a conference call after GM reported fourth-quarter earnings that beat expectations.

However, GM is clear that its electric vehicles won’t make money until “early next decade,” Barra said.

Turning a profit from electric vehicles has long been considered a major challenge for automakers, which are pouring money into electric vehicle, EV, technology in the face of fluctuating oil prices, government initiatives to reduce carbon pollution and excitement over Tesla.


Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: robert ferris, bill pugliano, getty images
Keywords: news, cnbc, companies, expect, vehicles, investors, barra, money, decade, profit, cars, electric, wednesdaythe, wont, gm, vehicle, doesnt


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WEF: ING CEO says ECB should not change policy amid trade war, Brexit

The European Central Bank should wait before announcing any new policy changes given that there are so many geopolitical uncertainties in the world, the CEO of the Dutch lender ING told CNBC Wednesday. The central bank is due to meet Thursday in Frankfurt after announcing in December the end of its massive bond-buying program. Analysts do not expect any changes but believe ECB President Mario Draghi will recognize there are growing economic risks — without sounding any alarm bells. “They should


The European Central Bank should wait before announcing any new policy changes given that there are so many geopolitical uncertainties in the world, the CEO of the Dutch lender ING told CNBC Wednesday. The central bank is due to meet Thursday in Frankfurt after announcing in December the end of its massive bond-buying program. Analysts do not expect any changes but believe ECB President Mario Draghi will recognize there are growing economic risks — without sounding any alarm bells. “They should
WEF: ING CEO says ECB should not change policy amid trade war, Brexit Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-23  Authors: silvia amaro, alex kraus, bloomberg, getty images
Keywords: news, cnbc, companies, ecb, wef, wait, policy, brexit, announcing, ing, changes, ceo, war, change, amid, bank, told, wednesdaythe, central, trade, world


WEF: ING CEO says ECB should not change policy amid trade war, Brexit

The European Central Bank should wait before announcing any new policy changes given that there are so many geopolitical uncertainties in the world, the CEO of the Dutch lender ING told CNBC Wednesday.

The central bank is due to meet Thursday in Frankfurt after announcing in December the end of its massive bond-buying program. Analysts do not expect any changes but believe ECB President Mario Draghi will recognize there are growing economic risks — without sounding any alarm bells.

“They should just continue on (the) current path of keeping the policy where it is, just see how things pan out,” Ralph Hamers told CNBC in Davos.


Company: cnbc, Activity: cnbc, Date: 2019-01-23  Authors: silvia amaro, alex kraus, bloomberg, getty images
Keywords: news, cnbc, companies, ecb, wef, wait, policy, brexit, announcing, ing, changes, ceo, war, change, amid, bank, told, wednesdaythe, central, trade, world


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Italy’s watchdog reportedly suspends trading in Banca Carige shares

Italy’s market watchdog Consob has decided to suspend trading in shares of troubled lender Banca Carige for a day, daily Il Sole 24 Ore reported on Wednesday. The watchdog said Carige requested the suspension of trading in its shares ahead of a statement on the bank’s governance, likely to be issued on Wednesday. The Genoa-based bank last month failed to win shareholder backing for a share issue worth 400 million euros ($459 million) that was part of a rescue plan financed by Italian lenders to


Italy’s market watchdog Consob has decided to suspend trading in shares of troubled lender Banca Carige for a day, daily Il Sole 24 Ore reported on Wednesday. The watchdog said Carige requested the suspension of trading in its shares ahead of a statement on the bank’s governance, likely to be issued on Wednesday. The Genoa-based bank last month failed to win shareholder backing for a share issue worth 400 million euros ($459 million) that was part of a rescue plan financed by Italian lenders to
Italy’s watchdog reportedly suspends trading in Banca Carige shares Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-02  Authors: alessia pierdomenico, bloomberg, getty images
Keywords: news, cnbc, companies, italys, carige, suspends, plan, shares, trading, watchdog, reportedly, million, wednesdaythe, bank, lender, banca


Italy's watchdog reportedly suspends trading in Banca Carige shares

Italy’s market watchdog Consob has decided to suspend trading in shares of troubled lender Banca Carige for a day, daily Il Sole 24 Ore reported on Wednesday.

The watchdog said Carige requested the suspension of trading in its shares ahead of a statement on the bank’s governance, likely to be issued on Wednesday.

The Genoa-based bank last month failed to win shareholder backing for a share issue worth 400 million euros ($459 million) that was part of a rescue plan financed by Italian lenders to shield the industry from the risk of another banking collapse.

The European Central Bank, which supervises directly Italy’s 10th largest bank, has told Carige to complete its capital strengthening plan and seek a merger with a stronger partner.

Consob’s decision came ahead of possible actions from the European Central Bank on Banca Carige, expected as soon as on Wednesday morning, including putting the lender under special administration, the report added.


Company: cnbc, Activity: cnbc, Date: 2019-01-02  Authors: alessia pierdomenico, bloomberg, getty images
Keywords: news, cnbc, companies, italys, carige, suspends, plan, shares, trading, watchdog, reportedly, million, wednesdaythe, bank, lender, banca


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Ukraine has created ‘artificial conflict’ with Russia, VTB Bank chief says

Ukraine’s president has created an “artificial conflict” with Russia just to boost his chances in a presidential election set to happen in Ukraine in March next year, the president and chairman of Russia’s VTB Bank has claimed. “I think you should look for somebody that benefits from this and actually it’s Mr Poroshenko, the president of Ukraine, definitely,” Andrey Kostin told CNBC at VTB’s Russia Calling Investment Forum on Wednesday. “The original idea of his was to postpone elections as it l


Ukraine’s president has created an “artificial conflict” with Russia just to boost his chances in a presidential election set to happen in Ukraine in March next year, the president and chairman of Russia’s VTB Bank has claimed. “I think you should look for somebody that benefits from this and actually it’s Mr Poroshenko, the president of Ukraine, definitely,” Andrey Kostin told CNBC at VTB’s Russia Calling Investment Forum on Wednesday. “The original idea of his was to postpone elections as it l
Ukraine has created ‘artificial conflict’ with Russia, VTB Bank chief says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-28  Authors: holly ellyatt, sega volskii, afp, getty images
Keywords: news, cnbc, companies, russia, told, wednesdaythe, created, artificial, ukraine, vtb, chief, wont, conflict, bank, president, vtbs


Ukraine has created 'artificial conflict' with Russia, VTB Bank chief says

Ukraine’s president has created an “artificial conflict” with Russia just to boost his chances in a presidential election set to happen in Ukraine in March next year, the president and chairman of Russia’s VTB Bank has claimed.

“I think you should look for somebody that benefits from this and actually it’s Mr Poroshenko, the president of Ukraine, definitely,” Andrey Kostin told CNBC at VTB’s Russia Calling Investment Forum on Wednesday.

“The original idea of his was to postpone elections as it looks from public opinion polls that he won’t perform very well, so creating this additional tension that has led to a martial law (and to a situation) where he might extend his presidency,” he told CNBC’s Julianna Tatelbaum.

“That’s our point of view, it’s a very artificial conflict,” he said.


Company: cnbc, Activity: cnbc, Date: 2018-11-28  Authors: holly ellyatt, sega volskii, afp, getty images
Keywords: news, cnbc, companies, russia, told, wednesdaythe, created, artificial, ukraine, vtb, chief, wont, conflict, bank, president, vtbs


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