FRANKFURT, June 30- The world's top banks and insurers are seeing their business models challenged by "fintech" start-ups, which are reshaping what consumers and businesses expect from financial services, industry insiders and experts say. A report out Tuesday from the World Economic Forum, the Swiss-based corporate think-tank which runs the Davos summit of...» Read More
FRANKFURT, April 23- German ATM maker Wincor Nixdorf will cut 12 percent of its workforce and spin off its cashless payments business as part of a restructuring announced on Thursday. Wincor had warned this month that it would miss its sales and operating profit guidance for the year, citing deteriorating business in Russia and China, sluggish recovery in...
Bill Shorten, opposition leader in Australia, says the free trade deal presents opportunities in sectors like services. He also discusses Australia's participation in the Asian Infrastructure Investment Bank.
Catherine Novelli, U.S. Under Secretary of State for Economic Growth, Energy and the Environment, says the U.S. supports the Asian Infrastructure Investment Bank's goal in infrastructure development.
Eswar Prasad, Senior Professor of Trade Policy at Cornell University, discusses the improvement in ties between U.S. President Obama and Indian Prime Minister Modi.
Jahangir Aziz, Head of EM Asia Economic Research at JP Morgan, says the breakthrough in long-stalled nuclear talks is a "big huge step forward" in getting U.S. technology into India.
Barack Obama and Narendra Modi unveiled plans of nuclear trade and to deepen defense ties, in hopes of a strategic partnership.
Thomas Pickering, Former U.S. Ambassador to India from 1992-1993, discusses the significance of U.S. President Obama's visit to India and the breakthrough in a stalled nuclear deal.
Marcus Lemonis of CNBC’s “The Profit” and a business consultant discuss how entrepreneurs can successfully form a business partnership to avoid trouble.
With the latest round of talks to wrap up the Trans-Pacific Partnership (TPP) underway in Singapore, Tami Overby, Vice President for Asia at the U.S. Chamber of Commerce, discusses the factors behind the delay in sealing the pact.
Tech veterans Kara Swisher and Walt Mossberg of Revere Digital discuss the launch of "Re/code," a reincarnation of "All Things D." Re/code also signed a content agreement with NBC News group to partner on technology coverage.
Tami Overby, Vice President, Asia, US Chamber of Commerce explains why Japan's move to join the TPP negotiations is a win-win for both Washington and Tokyo.
As maritime piracy, or 'maritime mugging,' keeps evolving, shipping firms are not leaving anything to chance. CNBC's Sri Jegarajah reports from the International Maritime Defense Exhibition and Conference.