Dec 01, 2016 08:44 AM IST
Here is the transcript of the exclusive CNBC "Squawk Box" interview of Steven Mnuchin and Wilbur Ross, selected by President-elect Donald Trump respectively for Treasury and Commerce secretaries.
- Jun 27, 2016 09:25 PM IST
The pound sterling fell 3 percent against the dollar on Monday, holding near its lowest levels in about 30 years at around USD 1.32.
- Jun 21, 2016 06:41 PM IST
The bulk of WL Ross & Co.'s business in the UK is in mortgage lending. Ross sees a home price collapse hitting older Britons particularly hard. Older people are skewing to vote to leave the EU in Thursday's referendum, according to polls.
- Jun 15, 2016 01:44 PM IST
"Part of the reason why I'm supporting Trump is that I think we need a more radical, new approach to government â€“ at least in the US â€“ from what we've had before," Ross told CNBC on Wednesday.
- Feb 18, 2016 12:13 PM IST
A media report suggested that the company is eyeing control over Luxemburg-based auto parts supplier owned by billionaire investor Wilbur Ross.
- Jan 11, 2016 08:35 PM IST
Struggling metals giant Alcoa is doing a "very good job" managing through the difficult world economic environment and the slump in commodities prices, billionaire vulture investor Wilbur Ross told CNBC on Monday.
- Dec 15, 2015 06:14 PM IST
Companies are running out of time, and with the Federal Reserve apparently ready to hike interest rates there are options for cheap refinancing as USD 1.4 trillion of debt is about to come due
- Nov 16, 2015 09:04 PM IST
Saudi Arabia has led OPEC in a policy of keeping oil production steady despite a global glut that has sent crude prices spiraling more than 60 percent since last year.
- Jul 13, 2015 08:05 PM IST
The Greek reforms-for-bailout deal reached Monday after marathon talks will get done and key elements of the agreement will be enacted, said billionaire Wilbur Ross, who has a major investment Greece's third-largest bank.
- Jun 30, 2015 08:16 AM IST
Greece's private creditors took a write-down of about 75 percent on debt owed to them in 2012, but the public entities have resisted a similar move.
- Dec 17, 2014 03:41 PM IST
Wilbur Ross believes that may be the Russian Central Bank went too far with the rate increase, which in effect communicated to traders a real sense of panic on the part of the Central Bank, thus rendering the move less effective than perhaps a moderate increase in rates would have been.
- Sep 17, 2013 09:33 AM IST
If the Fed reduces bond buying by USD 5 billion per month then over 17 months it would get them to zero net purchases, says Wilbur Ross. He feels appointment of Janet Yellen or Donald Kohn as Fed chairman would be stable influence on the market.
- Apr 17, 2013 09:46 AM IST
Wilbur Ross of WL Ross & Co. LLC believes deep correction seen in the metal is due to speculation and believes it is noting but a psychological phenomenon.
- Apr 05, 2013 01:50 PM IST
A lumbering US economy is not growing fast enough to create jobs, billionaire investor Wilbur Ross told CNBC.
- Jun 18, 2012 09:00 AM IST
Billionaire investor Wilbur Ross says the real question facing Greece is what policies the new government will implement after the pro-bailout New Democracy party won the most votes in Sunday's vote.
- Aug 22, 2011 09:58 AM IST
The chairman and chief executive of WL Ross, Wilbur Ross, said he was prepared to invest heavily if opportunities came up in shipping, the Financial Times reported on Monday.