Baccardax, a former bond salesman who spent 8 years on the trading floor in Toronto and London, has worked in and around the global financial markets for more than 25 years, covering companies from birth in the bond markets to death in the bankruptcy courts -- and all points in between.
Following television stints with CNBC Europe in London, where he served as on-air Economics editor co-anchor of the Closing Bell program, Baccardax was named London Bureau Chief in October 2016.
Global stocks edged higher Friday, lifting benchmarks around the world into solid five-day gains, as investors reacted to slow but steady progress in U.S.-China trade talks and prepped for a key reading on job creation in the world's biggest economy.
U.S. employers likely created around 180,000 new jobs last month, according to analysts' forecasts compiled ahead of Friday's March non-farm payroll report, but a weakening global economy and ongoing trade tensions could cap wage gains and the pace of job creation in the months ahead.
U.K. Prime Minister Theresa May formally requested a second extension to Britain's Brexit deadline Friday as she continues talks with opposition party lawmakers in London in an attempt to break a months-long deadlock, and a simmering political crisis, in what could be the final act of her two-year term in office.
Samsung Electronics cautioned investors Friday that its first quarter profits would likely miss expectations, setting up the world's biggest smartphone maker for the weakest bottom line in more than two years.
Constellation Brands posts stronger-than-expected fourth-quarter earnings after selling its low-end wine brand portfolio for around $1.7 billion.
Officials in Ethiopia say the 737 MAX 8 plane that crashed shortly after takeoff last month was airworthy and that pilots followed all proper procedures prior to the catastrophe that killed all 157 passengers on board.
Tesla shares trade sharply lower after the clean-energy carmarker published weaker-than-expected first quarter deliveries and investors eyed a hearing in Federal court over founder and CEO Elon Musk's contempt battle with the U.S. Securities and Exchange Commission.
Global stocks paused Thursday, with Asia snapping a five-day winning streak, as investors assessed reports of progress in U.S. China trade talks and worryingly weak economic data from German that continues to raise concerns of worldwide manufacturing recession.
JPMorgan Jamie Dimon, an often-suggested candidate for a future Presidential candidacy, waded into the current political debate of the nature of American capitalism Thursday in his annual letter to shareholders of the country's biggest bank.
Germany reported its weakest set of factory goods orders in more than two years in February, as Europe's biggest economy continues to find itself exposed to a global manufacturing slowdown and the ongoing U.S.-China trade war.
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