Any generation losses to producing renewable energy will be outweighed by their energy output, DNV GL CEO Remi Eriksen told CNBC.
German Chancellor Angela Merkel highlighted “fundamental differences” between Germany and the U.S. at a televised election debate yesterday. CNBC’s Annette Weisbach reports.
DNV GL CEO Remi Eriksen said he expects the cost of wind and solar energy to come down by 16 percent and 18 percent, respectively.
European markets opened lower on Monday morning, as North Korea's latest nuclear test prompted investors to rush to safe-haven assets.
Worse-than-expected August nonfarm payroll numbers are likely to get revised in the future, Paul Mortimer-Lee, chief markets economist at BNP Paribas, said.
China has not shown the same discipline towards North Korea that Russia showed by reigning in Cuba at the height of the 1962 missile crisis, David Marsh, managing director and co-Founder at OMFIF, said.
The BRICS forum was supposed to be a time when Chinese President Xi Jinping would make a show of power – but a nuclear test by North Korea may undermine that. CNBC’s Eunice Yoon reports.
North Korea's most recent missile test and the prospect of any Western intervention is a huge dilemma for China, David Marsh, managing director and co-founder at OMFIF, said.
David Marsh, managing director and co-founder of OMFIF, wished outgoing Novartis CEO Joseph Jimenez luck and said that bosses should do their best to stay out of the headlines.
South Korean President Moon Jae-in has urged for the "strongest possible" response to North Korea's claim that it tested a hydrogen bomb. CNBC's Chery Kang reports.
“Good luck to those businessmen who are going to try to do business in Iran," Prince Turki Al Faisal Al Saud, chairman of the King Faisal Center for Research and Islamic Studies, said.
"I would say that the nuclear threats today are as bad (as) or worse than they had been since the Cuban missile crisis," former U.S. Secretary of Energy Ernest Moniz tells CNBC.
Former U.S. Secretary of Energy Ernest Moniz talks about the future of the U.S. and its relationship with climate change, after the administration withdrew from the Paris Accord earlier this year.
“Haggling over small amounts of money” is getting in the way of more important Brexit negotiations in Brussels, Bruno Maçães, senior adviser at Flint Global, told CNBC.
There is ample liquidity in the market for investing in equities for now, Ritu Vohora, investment director at M&G Investments, said.
There was less movement on trade talks between British Prime Minister Theresa May and Japanese Prime Minister Shinzo Abe yesterday – but the two leaders found agreement on sanctions against North Korea. CNBC’s Akiko Fujita reports.
Aymar de Lencquesaing, executive VP Lenovo Group, chairman and president of Motorola at Lenovo, discusses the progress of his business at IFA Berlin.
August could be the month to break the mold with regards to payroll figures, Ian Shepherdson, chief economist at Pantheon Macroeconomics, said.
European markets started slightly higher on Friday morning as investors geared up for more data releases, while taking note of the positive trading seen overseas.
Haier’s Europe CEO Yannick Fierling discusses challenges to the internet of things, and ways in which his firm is working to connect appliances in the home.
Geoff Cutmore is co-anchor for CNBC’s flagship programme Squawk Box in EMEA; the three-hour show bookends the opening of European equity markets.
Based in London, Tso co-anchors CNBC flagship show in EMEA, Squawk Box, a show that sets the news agenda every trading day.
Steve Sedgwick co-anchors CNBC's flagship program Squawk Box Europe and is also CNBC's OPEC reporter covering major meetings.