CNBC International
Should Europe worry about China’s investments in its critical sectors?
- Title
- Should Europe worry about China’s investments in its critical sectors?
- Runtime
- 0:58
- Date posted
- 3 years ago
- Description
- Find out more: https://cnb.cx/45dyVy8
#CNBC
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- Title
- Is this vessel the future of shipping? Shipping giant Maersk is banking on it
- Runtime
- 7:26
- Date posted
- 3 years ago
- Description
- Shipping giant Maersk unveiled the first green methanol powered vessel in the world. The containership, Laura Maersk, is a first big step for the heavy polluting shipping industry.
#CNBC
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- Title
- Driverless robotaxis roll out in Beijing
- Runtime
- 0:47
- Date posted
- 3 years ago
- Description
- No driver? No problem. China’s capital city is letting the public take fully driverless robotaxis — and has bigger rollout plans
#cnbc
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- Title
- Watch a hotel room transform into a $62,000 suite for the Singapore Grand Prix.
- Runtime
- 1:00
- Date posted
- 3 years ago
- Description
- #CNBC
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- Title
- Designer chip company Arm valued at over $54 billion in biggest IPO of the year
- Runtime
- 0:45
- Date posted
- 3 years ago
- Description
- With Arm starting trading on the Nasdaq on Thursday, investors are considering the potential upsides — and downsides — of investing in the company.
The British chip designer itself flagged several risks in its IPO prospectus, ranging from its China business to geopolitics, but one potential threat has gained traction as its listing nears.
Learn more: www.cnbc.com/2023/09/14/arm-ipo-what-is-risc-v-and-why-does-arm-call-the-rival-product-a-risk.html
#CNBC
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...
- Title
- Will India’s foreign policy decisions be a test for their superpower ambition?
- Runtime
- 10:45
- Date posted
- 3 years ago
- Description
- India’s international influence is growing, and it’s now at a geopolitical crossroads.
With a GDP of more than $3 trillion, India is the fifth largest economy in the world, behind Germany, Japan, China and the United States.
Ever since Russia’s invasion of Ukraine, India has been mostly tight-lipped in condemning Russia over the act. Instead, India has boosted its imports of heavily discounted Russian oil since the war began.
Karthik Nachiappan, who researches Indian foreign policy at the National University of Singapore, noted that the country has a growing influence in the Global South, which is mainly made up of countries in Africa, Asia and Latin America.
“Non-alignment has been a primary strategy that has covered Indian foreign policy through the decades,” Nachiappan told CNBC.
“It has given Indian governments over the years a tool, to not entangle itself into issues or affairs that would harm its nationa...
- Title
- How Morocco's earthquake is affecting the country
- Runtime
- 0:56
- Date posted
- 3 years ago
- Description
- People in Morocco slept in the streets of Marrakech for a third straight night as soldiers and international aid teams in trucks and helicopters began to fan into remote mountain towns hit hardest by a historic earthquake.
The disaster killed more than 2,100 people — a number that is expected to rise — and the United Nations estimated that 300,000 people were affected by Friday night’s magnitude 6.8 quake.
Amid offers from several countries, including the United States and France, Moroccan officials said Sunday that they are accepting international aid from just four countries: Spain, Qatar, Britain and the United Arab Emirates.
#CNBC #Shorts #Morroco #Earthquake #Marrakech
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- Title
- What is the true cost of hosting G20?
- Runtime
- 0:45
- Date posted
- 3 years ago
- Description
- #CNBC
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- Title
- India or Bharat? A dinner invitation has rarely sparked such a buzz.
- Runtime
- 0:38
- Date posted
- 3 years ago
- Description
- Learn more: https://cnb.cx/3RevZxy
#cnbc
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- Title
- China has invested heavily in Europe. Not everyone’s convinced it was a good idea
- Runtime
- 11:44
- Date posted
- 3 years ago
- Description
- China has invested heavily in Europe, particularly in the wake of the global financial crisis of 2008 when the region was strapped for cash.
This means that Chinese firms are now shareholders in many key European infrastructure projects. These include ports, wind and solar farms, telecommunications, airports - the list goes on.
But there are growing fears that Beijing could use its strategic investments to further its own political ambitions. A recent dispute between the Baltic nation of Lithuania and Beijing shed light on potential reactions from China.
It’s led European governments to step up their scrutiny of Chinese investments and attempt to figure out how to redesign their relationship with Beijing.
Dr Yu Jie from Chatham House told CNBC that we’re going to see more frictions regarding Chinese investment in Europe looking ahead.
Watch the video above to find out more.
#CNBC #China #Europe #Business<...
- Title
- The next earthquake: Is time running out for Europe’s largest city?
- Runtime
- 6:46
- Date posted
- 3 years ago
- Description
- In 1999, a 7.4 magnitude earthquake struck the Marmara region of Turkey, killing at least 17,000 people. It also ruptured some parts of the North Anatolian fault line, creating a time bomb under the city of Istanbul.
Experts warn that a magnitude 7 or above earthquake could strike the city at any given time in the next 30 years.
According to Istanbul municipality's estimations, at least 250,000 buildings will face moderate to severe damage, threatening the lives of 16 million residents living in the metropolis.
"We are not ready," said Naci Gorur, a geologist and professor at Istanbul Technical University. "I'm afraid an earthquake in Istanbul will cause even more destruction than what we witnessed in the Kahramanmaras earthquake that struck Turkey's south in February 2023."
Istanbul suffers from densely populated areas with a problematic building stock. The government believes rebuilding the entire city is the only solution.
- Title
- The Airbnb effect: why second homes have become so divisive
- Runtime
- 10:12
- Date posted
- 3 years ago
- Description
- In the Italian city of Venice, the number of beds dedicated to tourists is now almost on par with the number of beds allocated to residents.
An electronic counter installed by activists in the city tracking this number illustrates the ever-growing demand for short-term rentals, popularized by the home-sharing platform Airbnb, which is now as popular as hotels.
The short-term rental market is projected to be worth $228.9 billion in 2030, boosted by the rise of commercial operators.
But as the housing crisis deepens worldwide due to land and labor shortages, residents are questioning the impact of Airbnbs and second homes locally.
“We have more than 7,000 apartments involved in this kind of system of short-term tourist rentals. And now it’s very difficult for a young guy or a new family to find an affordable house to rent,” Dario Nardella, Florence city mayor, told CNBC.
So what is the economic impact of Airbnb and sh...
- Title
- Biden's executive order may have a 'chilling' effect on U.S. tech investments in China: Professor
- Runtime
- 0:39
- Date posted
- 3 years ago
- Description
- Eswar Prasad, professor of trade policy at Cornell University, discusses U.S. President Joe Biden's signing of an executive order aimed at regulating new U.S. investments and expertise that supports Chinese development of sensitive technologies #CNBC #Shorts
Watch the full video: https://youtu.be/nfpeLCIR9sk
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- Title
- How sanctioned Western tech is fueling Russia's military
- Runtime
- 11:16
- Date posted
- 3 years ago
- Description
- Mounting evidence suggests Russia is continuing to obtain U.S. microchips and other advanced Western technologies for use in its military equipment.
Such technologies are typically used to power our smartphones and laptops. But as so-called dual-use items, they have both civilian and military applications, and can therefore be repurposed into a range of items from drones to missiles and armored vehicles.
Indeed, one recent analysis of 58 Russian military equipment recovered from battlefields in Ukraine found more than a thousand foreign components – primarily Western semiconductors.
That's despite Western sanctions aimed at stifling Russia's war. But convoluted trade routes through intermediaries in countries such as China, Turkey the United Arab Emirates, mean that these essential technologies are still entering Russia, adding to Moscow's pre-war stockpile of raw materials.
Watch the video above as CNBC investigates the murky tra...
- Title
- Why are Britons going abroad for medical care?
- Runtime
- 0:59
- Date posted
- 3 years ago
- Description
- 7.1 million people were on a hospital waiting list in the U.K. at the end of September 2022 - that’s the equivalent of one tenth of the population. It’s led to an increasing number seeking treatment abroad, boosting the fledgling medical tourism industry.
But what effect is this having on the economy and, more importantly, those seeking medical help?
Watch the full story: https://youtu.be/CX1jaq1mfes
#CNBC #Shorts
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- Title
- The U.S. likely headed for recession in end-2023 or early 2024: JPMorgan’s Jonathan Liang
- Runtime
- 0:29
- Date posted
- 3 years ago
- Description
- Title
- Why are political scandals and corruption in Singapore so rare?
- Runtime
- 7:20
- Date posted
- 3 years ago
- Description
- A series of political scandals has rocked Singapore in recent weeks, from corruption probes to inappropriate relationships among politicians. These challenges have affected the ruling party as well as the largest opposition party.
It started in May when two ministers were investigated for potential abuse of power and conflict of interests when renting government-owned colonial-era bungalows in a posh housing area along Ridout Road.
The duo was eventually cleared of wrongdoing in a probe led by Singapore’s anti-graft agency.
Shortly after the Ridout saga, Singapore Transport Minister S Iswaran and hotel tycoon Ong Beng Seng — known for bringing Formula One races to the city-state — were arrested as part of a corruption probe.
The dust from both events had barely settled when members from both the ruling People’s Action Party and the opposition Workers’ Party resigned over “inappropriate relationships.”
F...
- Title
- Despite the pandemic and inflation, the medical tourism industry is booming. Here’s why.
- Runtime
- 0:58
- Date posted
- 3 years ago
- Description
- More people are seeking medical treatments on foreign shores—ranging from heart operations, knee replacements to cosmetic procedures. Why is that so?
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- Title
- Israel approves first part of judicial overhaul bill
- Runtime
- 0:59
- Date posted
- 3 years ago
- Description
- Protests erupt in Israel after the Knesset passed the first part of Prime Minister Benjamin Netanyahu's judicial overhaul plan. CNBC's Dan Murphy reports.
#CNBC #Israel #Netanyahu #Democracy
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- Title
- Europe's sleeper train network is expanding. Can it go the distance?
- Runtime
- 9:56
- Date posted
- 3 years ago
- Description
- For more than a century, sleeper trains have provided a way for everyone, from budget backpackers to royals, to get around Europe.
But these services are expensive to run and come with many operational challenges not faced by the more efficient high-speed rail. Mounting cost issues led several big operators — such as Germany’s Deutsche Bahn — to scrap them over the last decade.
Hopes are now building that the night train is heading in a new direction. In May, a start-up called European Sleeper launched a service that travels between Brussels and Berlin.
A lack of sleeping railroad cars meant the company had to refurbish older trains with a more “classic” product that its founders hope will tempt people on board for the 13-hour journey — despite its significantly higher cost than a 90-minute flight.
Large operators like Austria’s ÖBB have also committed to their night train products, rolling out modern carriages with imp...
- Title
- Why are people not getting married anymore?
- Runtime
- 6:59
- Date posted
- 3 years ago
- Description
- 89% of the world’s population now live in countries with falling rates. In the U.S., marriage has declined by 60% since the 1970s, while median age for first marriages has increased for both men and women.
“There are a couple of big factors here in play. One major factor is the changing economy”, said Brad Wilcox, director of the National Marriage Project at University of Virginia.
The phenomenon affects many countries in the world but it’s most pressing in east and south Asia, where marriage and childbirth are highly correlated.
“Governments all over the world are worried because of economic implications”, said Dr Leng Leng Thang of National University of Singapore.
The decline of marriage is turning into a demographic crisis for Japan which is the world’s third largest economy and home to the world’s oldest population.
And a similar problem is troubling authorities in China, which registered the...
- Title
- Gen Z is reshaping the future of work – here’s how
- Runtime
- 8:36
- Date posted
- 3 years ago
- Description
- There are an estimated 1.8 billion adolescents and youth between the ages of 10 and 24, making up the largest generation of young people in history. And youth between the ages of 15 and 24 make up 34% of the global labor force in 2022.
Gen Z, loosely defined as those born between the mid-to-late 1990s and early 2010s, is the latest generation to enter the workforce.
A survey done by Resume Builder, a resource website for job seekers, revealed that around 3 out of 4 managers find that Gen Z is the most challenging generation to work with.
“Generations were more prepared for the workforce than they are now,” Stacie Haller, Resume Builder’s chief career advisor shared in an interview with CNBC.
Noting that Gen Z employees had to navigate the Covid-19 pandemic and remote working, she added: ”[Gen Zs] didn’t even have an opportunity to relate to people at all in a workplace. They were thrown into an environment that people who...
- Title
- Despite the pandemic and inflation, the medical tourism industry is booming. Here’s why.
- Runtime
- 10:47
- Date posted
- 3 years ago
- Description
- Medical tourism has existed since the dawn of civilization, with records of people from Roman times visiting countries such as Turkey and Switzerland to access hot volcanic waters for healing purposes.
The modern equivalent has been driven primarily by access to information on the internet.
Patients scour the web for treatments on foreign shores — ranging from heart operations to cosmetic procedures — typically at a higher quality and lower cost compared to what is offered in their home countries.
Chris Pochiba is a social media influencer who traveled to South Korea for laser eye surgery in 2022. His wife, Sara Aho, explained why they chose South Korea, instead of other destinations.
“A lot of countries in the world have the same technology. But Korea is known for being very high tech, it’s very clean, very hygienic, very professional, and a little bit familiar,” Aho said.
Indeed, more Americans are opting to s...
- Title
- Is Wagner boss Prigozhin a ‘dead man walking?’
- Runtime
- 1:00
- Date posted
- 3 years ago
- Description
- #CNBC
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- Title
- Can Russian assets be seized to rebuild Ukraine?
- Runtime
- 8:27
- Date posted
- 3 years ago
- Description
- There is no end in sight to the human cost and economic toll from Russia’s invasion of Ukraine.
The World Bank and the European Commission have estimated that the total cost of reconstruction of Ukraine has surpassed $400 billion. Other institutions have gone as far as predicting a $1 trillion bill.
The European Union is looking at how to use frozen Russian assets in the region to help pay for the rebuilding of Ukraine. Anders Ahnlid, a Swedish official chairing these discussions, told CNBC there are many steps before money can be transferred to Kyiv, but they are working to do that as soon as possible.
“We know that there is more than 200 billion euros in Russian central bank’s assets in European countries. And in addition to that, there is also around 20 billion euros of private frozen assets,” Ahnlid said.
Even though the conflict is ongoing, which complicates the rebuilding efforts, Ukraine hopes to attract international s...
- Title
- Vegas showdown? Elon Musk and Mark Zuckerberg banter over possible ‘cage match’ fight
- Runtime
- 1:01
- Date posted
- 3 years ago
- Description
- Is this the tech billionaire fight that we have all been waiting for? #elonmusk #markzuckerberg
- Title
- Inside Dyson's secret labs in Singapore - where prototypes are tested
- Runtime
- 11:03
- Date posted
- 3 years ago
- Description
- Dyson is one of the world’s most recognizable vacuum makers, raking in revenue of about $8 billion in 2022. But the tech giant is also known for other household appliances such as bladeless fans, air purifiers and hair styling products.
It is now venturing into a new generation of products, including its latest robot vacuum, the 360 Vis Nav — which the British company claims uses proprietary artificial intelligence technology — and the futuristic-looking Dyson Zone, its first headphones that double up as a wearable air purifier.
CNBC gained exclusive access to its global headquarters and laboratories in Singapore, where the company researches, designs and develops hundreds of prototypes before they hit the shelves.
These include a full-scale model of the Dyson electric car, which was canceled in 2019 after the company spent more than half a billion dollars on the project.
“When you want to pioneer and come up with new technolo...
- Title
- Is the world running out of rice?
- Runtime
- 0:53
- Date posted
- 3 years ago
- Description
- #CNBC
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- Title
- 90% of investors don’t understand the demand for the $1 trillion femtech industry – here’s why
- Runtime
- 8:49
- Date posted
- 3 years ago
- Description
- Investors are ignoring a huge subsection of tech because of its “taboo” nature – even though it is set to be worth $1 trillion by 2027.
The term “FemTech” was coined in 2016, and it includes all tech and innovations designed to solve health issues suffered solely, differently, or disproportionately by women. That covers everything from health during pregnancy and menopause to Alzheimer’s and HIV.
Women make up half of the global population, which means the target market for products focusing on their health is massive.
And the industry is full of exciting innovation, with the number of startups in the space increasing by 1,000% in the last 10 years. But the sector faces unique barriers to accessing funding.
“These issues are taboo issues, anything to do with our products, to do with the breasts, that are to do with vaginas — people don’t like to talk about it,” Tania Boler, founder of FemTech company Elvie, told CN...
- Title
- Turkey at a crossroads: Will it turn to the East or West?
- Runtime
- 12:00
- Date posted
- 3 years ago
- Description
- Turkey celebrates its centennial in 2023. After the fall of the Ottoman Empire 100 years ago, the republic was established with a secular outlook. Turkey joined NATO in 1952, formally cementing its place in the free world and within the Western fold. Today, it possesses the second-largest army in the transatlantic alliance.
However, Turkey has warmed up to Russia in recent years. The two countries doubled their trade to $68 billion in 2022, despite sanctions on the Russian economy by Turkey's NATO allies. Turkey's President Recep Tayyip Erdogan also expressed his desire for the country to join the Shanghai Cooperation Organization — a Central Asian security bloc hosted by China — as a full member.
"The United States still is the most dominant actor in the international stage. But it has now serious, credible challengers. Most notably, of course, China," professor Senem Aydin Duzgit from Sabanci University said. "You have the rise of new actors. Russia is o...
- Title
- Turkey president Erdogan clinches historic third term in power
- Runtime
- 1:00
- Date posted
- 3 years ago
- Description
- #CNBC
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- Title
- A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
- Runtime
- 10:21
- Date posted
- 3 years ago
- Description
- A ‘Big Short’ investor fears an often-overlooked climate risk could see history repeating itself in the housing market.
Dave Burt, CEO of investment research firm DeltaTerra Capital, was one of the few skeptics who recognized the real estate sector was teetering on the brink of collapse in 2007.
He helped two of the protagonists of Michael Lewis’ bestselling book “The Big Short” bet against the mortgage market in the lead-up to the 2008 economic collapse. As it turned out, they were right and made millions.
Now, Burt believes the mortgage market is underestimating another systemic issue: flood risk. If realized, he warns the fallout could resemble the massive correction seen during the global financial crisis.
“Ultimately, until people have good information about what these climate-related costs are going to look like, we’re creating new problems every day. I think that’s really the crux of the matter,” Burt told CNB...
- Title
- Why is Turkey running out of dollars?
- Runtime
- 0:54
- Date posted
- 3 years ago
- Description
- #CNBC
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- Title
- Ron DeSantis launched his 2024 presidential bid on Twitter
- Runtime
- 0:47
- Date posted
- 3 years ago
- Description
- #CNBC
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- Title
- The remote islands that are critical to a UK bet on wind energy
- Runtime
- 5:27
- Date posted
- 3 years ago
- Description
- Scotland offers some of the windiest conditions in Europe, making the Shetland Islands, located in the northernmost region of the U.K., the best place to develop and harvest wind energy.
To that end, British power firm SSE has invested millions into what will be the country’s largest onshore wind farm when it is completed in 2024.
The Viking wind farm, with its 103 turbines, could power almost half a million homes.
Alistair Phillips-Davies, CEO of SSE, said that energy security is paramount.
“We don’t want to be importing oil and gas from far-flung places that we no longer want to deal with and when we no longer trust the regimes,” Phillips-Davies told CNBC.
However, a lack of capacity in the U.K.’s power grid could derail its ambitious goal of being carbon-free by 2030.
We visited the Viking wind farm that has been in the making for more than 15 years to find out more.
#CNBC #Wind #Win...
- Title
- Slacking at work? Your boss knows.
- Runtime
- 0:55
- Date posted
- 3 years ago
- Description
- Slacking at work? With employee monitoring softwares, your boss might be tracking your every move. What do you think are the implications if employee surveillance becomes the new norm? Let us know in the comments!
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- Title
- Turkey votes in crunch election as President Erdogan faces greatest threat to his 20-year rule
- Runtime
- 0:58
- Date posted
- 3 years ago
- Description
- Millions of Turks headed to the polls Sunday in what is set to be Turkey’s most consequential election in two decades, and one whose results will have implications far beyond its own borders.
The country of 85 million holds both its presidential and parliamentary elections on May 14. For the presidency — which is expected to be close — if no candidate wins more than 50%, the vote goes to a run-off two weeks later.
Incumbent President Recep Tayyip Erdogan is facing his toughest test yet after two decades in power, grappling with public anger over worsening economic conditions and the slow government response to a series of devastating earthquakes in February that killed more than 50,000 people.
- Title
- Eurovision: The politics and economic powerplay behind the world's biggest song contest
- Runtime
- 10:00
- Date posted
- 3 years ago
- Description
- Celebrated and spoofed by audiences across the globe, the Eurovision Song Contest has become something of a cultural institution since its launch in 1956.
But behind the flamboyant performances and even more outlandish outfits, the annual contest is also seen as a vehicle of political and economic powerplay.
In 2023, that’s more the case than ever.
The U.K. has assumed hosting duties for the 67th edition as 2022’s winners, Ukraine, remain under Russian attack.
Meanwhile, rising costs have prompted some countries to bow out before the competition has even begun.
So, what is the true cost of the contest — and is it worth it? Watch the video above to find out.
#CNBC #Eurovision #SongContest
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Ins...
- Title
- Can foreign money save Turkey's economy?
- Runtime
- 11:19
- Date posted
- 3 years ago
- Description
- Turkey has become a top destination for wealthy Gulf tourists injecting much-needed dollars into the country’s economy. But tourism is only a fraction of the capital pouring in from the Middle East.
Between 2016 and 2019, Qatar increased its investments in Turkey by nearly 500%, replacing countries like Germany and Russia as its second largest foreign direct investor.
Toward the end of 2021, a policy of détente toward Saudi Arabia and the United Arab Emirates began, allowing Turkey to secure accords worth billions of dollars with its former rivals.
“Turkey has big gross external financing needs, which is basically demand for dollars,” said Timothy Ash, an emerging markets strategist at BlueBay Asset Management.
“It was logical to go offshore. Go abroad, try and find someone to give them the dollars.”
Since 2019, the Turkish central bank spent more than $100 billion to keep the lira afloat due to an ongoing curr...
- Title
- The future of nuclear is divided into two camps - here’s why
- Runtime
- 9:55
- Date posted
- 3 years ago
- Description
- In the 1970s, the world economy experienced an energy price shock after major oil producers imposed an embargo against the West for supporting Israel during the Yom Kippur War.
As the price of oil increased, energy independence became a priority, and Germany started commissioning more nuclear reactors. By the end of the 1980s, around 29% of Germany’s energy supply came from nuclear.
It took the nuclear disasters in Chernobyl in 1986, which was then part of the Soviet Union, and Fukushima, Japan, in 2011 to shift German public opinion against nuclear energy.
Germany’s decision to end its reliance on nuclear energy made it reliant on Russian pipeline gas.
Even though the country’s anti-nuclear stance waned after Russia invaded Ukraine — which meant it could no longer count on Russian gas — Germany still pressed ahead to close its remaining nuclear reactors by April 2023.
In the U.K., however, the Ukraine war promp...
- Title
- Is China worried about AI chatbots?
- Runtime
- 0:59
- Date posted
- 3 years ago
- Description
- ChatGPT, the artificial intelligence chatbot developed by U.S. firm OpenAI, has caused excitement around the world.
Now Chinese technology giants are rolling out their rivals to ChatGPT. But these launches come against an interesting backdrop – heightened scrutiny by Chinese regulators on the domestic tech sector, Beijing’s political censorship, and rivalry between China and the world’s democracies.
So what exactly will China’s rivals to ChatGPT look like, and how will they develop going forward? Watch the full video here to find out more: https://youtu.be/uaB5VJpX_dM
#CNBC #Shorts #AI #Chatbots
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- Title
- Watching YouTube at work? Your manager may know
- Runtime
- 10:36
- Date posted
- 3 years ago
- Description
- Does your manager know that you are watching this video now?
Micromanagers have long existed in workplaces. But as companies grapple with rising costs and shrinking budgets, some employers want to be sure their employees are as productive as possible.
And sometimes, they do so with the help of monitoring software.
While employee monitoring software can see everything on one’s desktop in real-time — keystrokes, browsing activity, emails, and chat apps — some may be taking surveillance to the extreme.
In China, for example, such intrusive behaviors include installing cameras in toilets, using artificial intelligence tools to flag employees looking for new jobs, and emotion-recognition systems that can assess how “happy” workers are in the office.
What are the implications if employee surveillance becomes the new norm?
Watch the video above to learn why surveillance may backfire on companies, whet...
- Title
- The Didi Robotaxi was one of the concept cars presented at the Shanghai Auto Show.
- Runtime
- 0:31
- Date posted
- 3 years ago
- Description
- #CNBC
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- Title
- Can China’s ChatGPT clones give it an edge over the U.S. in an A.I. arms race?
- Runtime
- 8:17
- Date posted
- 3 years ago
- Description
- ChatGPT, the artificial intelligence chatbot developed by U.S. firm OpenAI, has caused excitement around the world.
Now Chinese technology giants are rolling out their rivals to ChatGPT. Baidu is testing its chatbot called Ernie Bot, while Alibaba is rolling out Tongyi Qianwen.
But these launches come against an interesting backdrop – heightened scrutiny by Chinese regulators on the domestic tech sector, Beijing’s political censorship, and rivalry between China and the world’s democracies.
Chinese chatbots are expected to look very different from their Western counterparts.
While ChatGPT can answer questions on sensitive topics — sometimes inaccurately — Chinese chatbots reportedly shut down some questions.
Since late 2020, China has introduced a slew of regulations, with some explicitly targeting AI applications, including chatbots.
So what exactly will China’s rivals to ChatGPT look li...
- Title
- Iran prepares to reopen its embassy in Riyadh after 7 years
- Runtime
- 0:57
- Date posted
- 3 years ago
- Description
- #CNBC
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- Title
- IMF cuts GDP forecasts, says global economy heading for weakest growth since 1990
- Runtime
- 0:58
- Date posted
- 3 years ago
- Description
- The IMF said that five years from now, global growth is expected to be around 3% — the lowest medium-term forecast in a World Economic Outlook for over 30 years.
In the short term, the fund expects global growth of 2.8% this year and 3% in 2024, slightly below the fund’s estimates published in January.
The IMF said that its baseline forecast “assumes that the recent financial sector stresses are contained.”
Read more: https://cnb.cx/3UtZJ9B
#CNBC #Shorts
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- Title
- Can India help the UK create the next Silicon Valley and be a tech superpower?
- Runtime
- 8:54
- Date posted
- 3 years ago
- Description
- The U.K. hopes to remake the region between the cities of Oxford and Cambridge into the next Silicon Valley. But Britain needs to attract more skilled talent to its shores if it’s going to become a tech power.
India is the third largest startup ecosystem in the world, and it has plenty of tech talent.
“India has been an engineering global talent hub for the world over recent years,” said Amarjit Singh, the CEO of India Business Group, a consulting firm that supports deals between the two countries.
“Sixty-five percent of the country’s 1.4 billion population is under the age of 35,” Singh added, pointing to the potential economic benefit of a young workforce.
However, immigration remains a highly contested topic in British politics, and it’s unclear how an influx of Indian talent would be received locally.
Watch the video above to learn how India can help the U.K. with its ambition to become a tech supe...
- Title
- These new weight loss drugs are transforming the diet industry
- Runtime
- 1:00
- Date posted
- 3 years ago
- Description
- #CNBC
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- Title
- WeGovy, Ozempic or Mounjaro? How a new wave of weight loss drugs could transform the diet industry
- Runtime
- 10:52
- Date posted
- 3 years ago
- Description
- Wegovy is one of several new "miracle" drugs that promise to revolutionize the weight-loss industry.
Praised by celebrities and social media influencers, Wegovy was approved for use in the U.S., as well as in the U.K.'s free healthcare system, where it will be available to patients in spring 2023.
"This drug really is now changing the paradigm of obesity treatment. You're getting 15 to 17 approaching 20% weight loss with a weekly injection," Peter Verdult, a pharmaceuticals analyst at Citi, told CNBC.
A report by the World Health Organization in 2022 showed that obesity has nearly tripled since 1975 and continues to rise. More than 1 billion people are clinically obese globally, of whom 650 million are adults, 340 million are adolescents and 39 million are children.
But the long-term consequences of these drugs remain unknown. They're expensive, there are concerns about them getting into the hands of people who don't need them — and...
- Title
- There are now 8 billion people in the world. What does that mean for the economy?
- Runtime
- 0:49
- Date posted
- 3 years ago
- Description
- There are now 8 billion people in the world and 36% of that population lives in either China or India. So what does that mean for the economy? And what happens next? Watch the full video: https://youtu.be/km-MARW1a6g #CNBC #Shorts
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