The U.S. economy could face a double-dip recession next year, in the absence of stimulus measures and extended incentive programs, Kirby Daley, senior strategist at Newedge Group, said Monday.
Nokia will replace 14 million cell phone chargers made by China's BYD Co Ltd as chargers could fall apart and expose consumers to risk of electrical shock.
Morgan Stanley is seeking a buyer for its 34 percent stake in investment bank China International Capital Corp, Wei Sun Christianson, the U.S. bank's China chief executive, said on Monday.
"We think equities are a great place to be ... strong companies are actually getting stronger," David Miller from Cheviot Asset Management told CNBC Monday. Neil Dwane from RCM joined the discussion.
A lot of investment bankers aren't really bankers, but more like bookies, and they aren't really receiving bonuses, but profit share, Peter Brown from MM&K told CNBC Monday.