Holly Ellyatt
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Exxon Mobil will continue to be robust and will maintain record levels of investment, valued at $27 billion in 2011, in the next couple of years despite the downturn in global oil demand and fluctuations in prices, Rex Tillerson, CEO of Exxon Mobil, told CNBC on Tuesday.
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The price of copper will stay above $8,000 this year despite a slowdown in China, the world’s biggest consumer of the metal, according to Kemal Bagci, director at RBS Markets.
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The economic crisis is leading to unexpected opportunities for some, Lars Thunnell, CEO of the International Finance Corporation, the private-sector arm of the World Bank, told CNBC’s “Worldwide Exchange.”
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A sale by BP of its 50 percent stake in Russian venture TNK-BP now could be a bad move, Liam Halligan, chief economist at Prosperity Capital Management, told CNBC’s “Squawk Box Europe.”
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A shortage in technical skills is affecting global productivity and could hamper recovery and growth prospects in crisis-hit Europe, David Arkless, President of Corporate and Government Affairs at employment agency Manpower said on Tuesday.
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The continuing decline in the European economy is a "concern" for Nissan but it is somewhat offset by growing markets in Russia, China, “and even in the United States,” Andy Palmer, Nissan’s executive vice president, told CNBC's 'Squawk Box' on Wednesday.
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There's still opportunity for investors in Greece—as long as they exercise caution, the managing director of investment holding company iGroup told CNBC Thursday.