Apollo 15 pilot: Space will force cooperation between countries5 Hours AgoAl Worden, Apollo 15 Command Module Pilot, discusses the cooperative effort between the UAE and other countries.

We’re trying to open up the financial market in an orderly manner: Tencent VP1 Hour AgoGreg Geng, VP at Tencent, discusses opening up WeChat payment to other credit card providers.

Many foreign companies are also heading to China and looking to Microsoft to provide technological solutions that will work in the world’s second largest economy as well as elsewhere, Crozier added. “For us, it has been even more opportunities than prior,” said Alain Crozier, Microsoft’s chairman and CEO for the Greater China region. Technology giant Microsoft has seen more business opportunities in the Chinese market in the last year, a top company executive said on MondayHis statements come as

In Finland, one firm is working on a process that it says can boost the air quality inside buildings and generate a useful by-product in the form of hydrocarbons. An electrolyzer produces hydrogen from water, while a “direct air capture module” collects carbon dioxide from the atmosphere or a building’s ventilation system. The hydrogen and carbon dioxide react with one another, producing hydrocarbons including fuels. The firm’s electrolyzer and synthesis unit would then be utilized to produce hy

Chief Technology Officer (CTO) of Sberbank of Russia, David Rafalovsky speaks on global developments in information and cloud technologies sector during an exclusive interview in Moscow, Russia on June 28, 2019. As major technology firms continue to flex their financial services muscles, competition is mounting on an already crowded banking sector. But, according to David Rafalovsky, chief technology officer at Russia’s state-owned Sberbank, it will take more than the cache of big brands for tec

The People’s Bank of China (PBOC) said on its website that it was lowering the seven-day reverse repurchase rate to 2.50% from 2.55%. Zhou Hao, economist at Commerzbank in Singapore said the reverse repo rate cut indicates a policy change in coming months, including “some fine-tuning to prioritize the pro-growth policy for the time being.” However, market participants believe the two recent market rate cuts suggest a similar adjustment in the LPR this week. Monday’s repo rate cut bolstered the b

CNBC looks at ways to protect your money against this political uncertainty. The U.K.’s leading opposition, the leftist Labour party, has pledged to put a final vote on the Brexit deal back to the British people if it is elected. Given the uncertainty that surrounds Brexit, it’s important consider the potential impact on your personal finances which is why CNBC Make It asked experts how young Brits can best protect their money. Putting a little more money into savings can help in case of tempora

(Photo by Zhong Zhi/Getty Images for CNBC International)China is ahead of the United States when it comes to investing in 5G infrastructure, an industry expert said at CNBC’s East Tech West conference Monday. 5G — the next generation of high-speed mobile internet technology is meant to offer super-fast data speeds, though most of the world still operates on the 4G network. The debate over 5G, or more specifically, the debate over the providers of 5G technology, has become politicized with offici

Dave Zhong | Getty Images for CNBCBanks must operate more like technology companies in order to stay relevant for years to come, executives in the financial services industry say. Rafalovsky expressed frustration with the categorization of fintech, or financial technology, firms as separate to — and a threat to the existence of — the banks. To add to the pressure on the banks, tech giants like Apple, Facebook and now Google have been making inroads into finance. For Standard Chartered, the focus

But Guy Diedrich, the vice president and global innovation officer at Cisco, insisted to CNBC that no one country or company would have a monopoly on the next generation of mobile internet. “We’re just now starting to see them take interest and do some investments in 5G. “The security concerns are between companies and governments,” he said, noting that the primary concern around security is the number of security providers that each country has protecting it. Diedrich said the unresolved trade

Apple’s credit card got a lot of attention when the company first unveiled it earlier this year, not least because it showed how U.S. tech giants are looking to make waves in the financial services. But according to a Russian bank executive, there’s little more to the Apple Card than what’s on the surface: a credit card and a digital wallet to support it. “It’s another credit card with a few innovative features,” David Rafalovsky, chief technology officer at Russian state-owned lender Sberbank,

NANSHA, CHINA – NOVEMBER 18: CG Lai, CEO of BNP Paribas China speaks with Wendy Liu, Head of China Strategy of UBS Investment Bank and Mohammed Alshehabi, head of Innovation of AL Salam Bank-Bahrain, during a CNBC-moderated panel discussion. (Photo by Zhong Zhi/Getty Images for CNBC International)Banks in Asia and the Middle East are gearing their hiring plans toward creative minds as they look to embrace the digital age, according to a panel of top executives. With Chinese and Middle Eastern ba

DUBAI, United Arab Emirates — Emirates has ordered 50 Airbus A350 jets, the Dubai state-owned airline announced at the Dubai Air Show on Monday. The order’s list price sits at $16 billion, but a steep discount is typically negotiated by airlines. The deal was originally slated to see Emirates order 70 planes from the French manufacturer — 40 of the A350s and 30 A330-900neo jets — but all A330 orders were scrapped in favor of bringing the A350 order size to 50. The A350 is a family of long-range,

Neither the White House nor the State Department responded to requests for comment. All three of them currently remain employed by the State Department, though Yovanovitch has been sidelined to a teaching post at Georgetown University. Throughout the impeachment inquiry, Pompeo and Trump have maintained their weekly lunches at the White House, according to the president’s public schedule. Pompeo defended himself, officials said, by telling Trump he doesn’t know who half of these State Department

Four people were killed and six more wounded when “unknown suspects” sneaked into a backyard filled with people at a party in central California and fired into the crowd, police said. The shooting took place about 6 p.m. on Fresno’s southeast side, where people were gathered to watch a football game, Fresno Police Lt. Bill Dooley said. About 35 people were at the party when the shooting began, Reid said. On Thursday, a 16-year-old student at a Southern California high school shot and killed two

A so-called “phase one” trade deal between the U.S. and China should be enough to remove the uncertainty that’s overshadowed initial public offerings this year, said Robert McCooey, the chairman of Nasdaq Asia-Pacific. “Investors are worried about China, they are worried about the ripple effects of the trade war,” McCooey said at the CNBC’s East Tech West conference in the Nansha district of Guangzhou, China on Monday. In May, McCooey said he expected over 40 initial public offerings from China

Stocks in Asia were mostly higher on Monday as investors looked for further developments on U.S.-China trade. Mainland Chinese stocks closed higher, with the Shanghai composite up 0.62% to about 2,909.20 and the Shenzhen composite gaining 0.715% to approximately 1,617.19. The moves came as the People’s Bank of China set its seven-day reverse repurchase (repo) rate at 2.5%. The moves came amid ongoing turmoil in Hong Kong, as the embattled city continues to be rocked by civil unrest that has now

China on Monday called on the U.S. military to stop flexing its muscles in the South China Sea and to avoid adding “new uncertainties” over Taiwan, during high-level talks that underscored tension between the world’s two largest economies. During closed-door talks on the sidelines of a gathering of defense ministers in Bangkok, Wei urged Esper to “stop flexing muscles in the South China Sea and to not provoke and escalate tensions in the South China Sea,” the spokesman, Wu Qian, said. China clai

DUBAI, United Arab Emirates — Hyperloop isn’t set to threaten the aviation industry anytime soon, a senior Boeing executive told press during the Dubai Air Show. “I think probably not in my lifetime,” Tinseth said Sunday, in response to the question of whether airliners would face competition from hyperloop. “I think it is potentially a viable technology, I think it could potentially compete at some time,” he added. First envisioned by Tesla founder Elon Musk in 2013, hyperloop transport promise

European stocks traded mostly higher on Monday amid ongoing focus on developments in U.S.-China trade talks. The pan-European Stoxx 600 edged 0.2% higher in early trade, with banks climbing 0.7% to lead gains while construction and material stocks slipped 0.3%. Markets in the region received a strong handover from the Asia trading session where stocks were mostly higher Monday. Chinese Vice Premier Liu He had a phone call Saturday morning with U.S. Treasury Secretary Steven Mnuchin and U.S. Trad