Deutsche Bank shareholders can expect a dividend in 2022, the bank’s chief executive confirmed to CNBC Tuesday. Christian Sewing, who has been leading Deutsche Bank since April, said the lender has come a long way over the last few months and remained committed to its targets. “We also want to return capital to the shareholders from the year 2022 on. The bank has been hit by higher competition, lower market share in investment and commercial banking; different litigation charges and various mana

The two German firms have been partnering on autonomous driving since 2017. To start with, the service is only available to a small number of people from private organizations. The vehicles will travel between West San Jose and downtown, Daimler said, moving along San Carlos Street and Stevens Creek Boulevard. “It’s not just the automated vehicles that have to prove their mettle,” Uwe Keller, who is head of autonomous driving at Mercedes Benz, said in a statement. With offices in Munich and Wolf

The U.K.’s reputation as a pillar of political stability has certainly been tarnished by the Brexit crisis, according to the country’s former finance minister, but a “sensible” departure from the European Union might eventually be seen as “democracy in action.” Speaking to CNBC’s Dan Murphy at the SALT Conference in Abu Dhabi on Tuesday, Philip Hammond said there can be “no doubt” that the U.K.’s reputation as a haven of stability had been “dented” by Brexit, “but there is all to play for.” His

Mohamed El-Erian Olivia Michael | CNBCABU DHABI, United Arab Emirates ⁠— Business heavyweight Mohamed El-Erian would buy Saudi Aramco shares without a doubt if they listed internationally, he told CNBC’s Dan Murphy just days before the state oil giant’s historic IPO. Asked during a panel event at Abu Dhabi’s SALT conference on Monday if he would buy shares of the world’s most profitable company, the chief economic advisor at Allianz gave an enthusiastic “Yes,” adding that it could list on “any m

Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky met in person for the first time on Monday in a bid to resolve a long-running conflict in eastern Ukraine between pro-Russian separatists and Ukrainian forces. Relations between Russia and Ukraine collapsed in early 2014 when Russia annexed Crimea from the country and then supported a pro-Russian uprising in the Donbass region in eastern Ukraine in which separatists proclaimed two pro-Russian republics of Donetsk and Luh

Apple’s newest desktop computer, the Mac Pro, is available now. It starts at $5,999 but if you want to fully upgrade it, you’ll spend $52,199. And that’s before you even get a screen. It costs an additional $7,000 to upgrade the standard processor to the most-power 28-core option, which is required for the $15,000 1.5 TB memory upgrade. You’ll spend $10,800 upgrading the graphics, another $1,400 for 4 TB of storage (an 8 TB option is coming soon, so expect to pay even more) and $2,000 for an App

Not even closeThough largely unknown in the West, sand hammams — or sand baths — are anything but new. Desert camps in Morocco are offering sand hammams, or sand baths, to travelers. Chantip Ditcharoen | Moment | Getty ImagesToday, sand hammams are reaching wider audiences as desert camps introduce sand bathing to guests in search of wellness in the African desert. Sand hammams are not advisable for anyone with blood pressure or heart-related medical problems, due to the intensity of the heat. D

U.S. Attorney General William Barr and U.S. President Donald Trump attend a signing ceremony for an executive order in the Oval Office of the White House on November 26, 2019 in Washington, DC. Attorney General William Barr said that he still believes that FBI operated in “bad faith” in its investigation of possible Russian coordination with Donald Trump’s 2016 campaign, a day after the Justice Department’s internal watchdog found no evidence of political bias in the opening of the probe. Barr s

Oracle’s OpenWorld conference, one of the biggest annual technology events in San Francisco, is moving to Las Vegas in 2020 and will remain in Sin City for at least three years. “Oracle stated that their attendee feedback was that San Francisco hotel rates are too high,” the email, which was viewed by CNBC, said. Oracle continues to enjoy a strong relationship with the City of San Francisco and partners such as the San Francisco Giants and the Golden State Warriors. Oracle launched OpenWorld in

U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer arrive for a group photo session after a meeting with Chinese Vice Premier Liu He in Beijing on May 1, 2019. The U.S. and China are taking steps to delay the next round of American tariffs set for Sunday as they seek a deal to rein in a raging trade war, The Wall Street Journal reported Tuesday. Negotiators from the world’s two largest economies “are laying the groundwork” for the Trump administration to hold

Investment manager M&G halted its £2.5 billion ($3.29 billion) commercial property fund on Wednesday last week. Almost £57 million was pulled from U.K. property funds on Thursday last week — making it the worst day so far in 2019 for British real estate fund outflows, according to the funds transaction network Calastone. M&G’s property fund is not the first to face difficulties. Seven U.K. property funds have been suspended since the Brexit vote in 2016, the FT has reported. “U.K. property funds

House Democrats on Tuesday announced that they will vote on whether to impeach President Donald Trump on two specific articles — abuse of power and obstruction of Congress. Democrats released a copy of the written articles of impeachment later Tuesday. “Unlike President Trump, we understand that our duty, first and foremost, is to protect the Constitution and to protect the interests of the American people,” Nadler said. Judiciary’s ranking member Doug Collins, R-Ga., said he expects Democrats w

At the same time, the longtime diplomat warned that the single biggest threat to the economic progress of recent years is Trump himself. “The biggest threat to the economy, ironically enough, is the President’s own trade policy. Just last week, the International Monetary Fund warned that the U.S.-China trade war could cost the global economy $700 billion by 2020. But what Trump’s seeming stranglehold on global trade suggests, Haass said, is that “If (Trump) ever wanted, he could pull back. He co

Jerome Powell, chairman of the U.S. Federal Reserve, left, hands his mobile phone to Michelle Smith, assistant to the board and director at the Federal Reserve, before a House Budget Committee hearing in Washington, D.C., U.S., on Thursday, Nov. 14, 2019. Could the Twittersphere be influencing the Federal Reserve on interest rate policy? Or is he watching how Fed policy is trending in #repo, #QE [quantitative easing], or even #Powell. Perhaps he follows the regional Federal Reserve banks, like t

House Democrats and the Trump administration have reached an agreement to move forward with the White House’s replacement for the North American Free Trade Agreement, top Democrats said Tuesday. House Democrats, President Donald Trump, top Senate Republicans and labor leaders all cited progress toward a deal this week. The Trump administration needs to submit ratifying legislation to Congress for the House to move forward with approving the agreement. Once the White House submits text — it could

Facebook is right to deny backdoor into encrypted messages: Roger McNameeEarly Facebook investor Roger McNamee joins “Squawk Alley” to discuss Facebook’s refusal to provide a backdoor into encrypted messages.

Former Twitter CEO on Jack Dorsey’s tenure and move to AfricaTwitter CEO Jack Dorsey has said he plans to move to Africa. Former Twitter CEO Dick Costolo and former Twitter COO Adam Bain join ‘Fast Money Halftime Report’ to discuss Dorsey’s tenure so far.

Joe Biden and his son Hunter Biden attend an NCAA basketball game between Georgetown University and Duke University in Washington, January 30, 2010. A woman who had a love child by Hunter Biden, son of Democratic presidential front-runner Joe Biden, is demanding that he formally divulge how much he earned from working for a Ukraine gas company that plays a key role in the ongoing impeachment proceedings against President Donald Trump. Arkansas resident Lunden Alexis Roberts also is demanding in

Veteran trader Art Cashin told CNBC on Tuesday that investors are wary of positive U.S.-China trade reports after having been let down in the past. “This market has had its heart broken time and time again,” said Cashin, director of UBS floor operations at the New York Stock Exchange. Stocks have reacted wildly to reports on the trade talks, which have flip-flopped between pessimism and optimism over the past 17 months. “The market is somewhat skeptical of where we’re going,” Cashin said on “Squ

Don’t forget to also withdraw from Roth 401(k) plans— workplace accounts that use after-tax dollars and have them grow free of taxes. Each of you are responsible for taking your own distributions from your IRAs and 401(k) accounts. A surviving spouse has the choice of assuming the Roth IRA as if it were their own. This is known as the stretch Roth IRA. “If a non-spouse inherits the Roth IRA, they have RMDs, even though they are tax-free,” Slott said.