CNBC International
Could Russia’s war on Ukraine escalate into a global cyberwar?
- Title
- Could Russia’s war on Ukraine escalate into a global cyberwar?
- Runtime
- 9:16
- Date posted
- 4 years ago
- Description
- When Russia began amassing troops on Ukraine’s border in late 2021, many security experts predicted a similar build-up of Russian hackers along the ideological boundaries of cyberspace, ready to match any physical strike with an equally damaging virtual attack.
Months into Moscow’s brutal military invasion, a cyberwar of similar consequence has yet to materialize. But the threats of cyberwar have not gone away.
As the world becomes increasingly reliant on technology across all walks of life, the potential for cyberwarfare to wreak havoc on society remains — whether in this conflict or the next.
So, what exactly could a cyberwar entail and how prepared are we? Watch the video above to find out.
#CNBC #Cyber #Tech
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- Title
- Why food is getting more expensive for everyone
- Runtime
- 5:59
- Date posted
- 4 years ago
- Description
- Food prices are on the rise worldwide, including essential staples like bread, milk and eggs.
The United Nations’ Food Price Index tracks the monthly change in the price of a basket of food items. The five commodities making up this basket are cereals, vegetable oils, sugar, meats and dairy products.
In March 2022, the index recorded the highest price levels in its three-decade history. It has since come off that high slightly, but it is still well above levels seen in previous years.
Watch the video to find out what is behind the price increase. https://cnb.cx/3NToCX7
#CNBC #Food #Inflation #Economy
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- Title
- The Quad is going beyond military exercises — and China is watching
- Runtime
- 13:45
- Date posted
- 4 years ago
- Description
- The Quad, or the Quadrilateral Security Dialogue, comprises four big, democratic economies: the United States, Japan, India and Australia.
Over the years, the Quad has been incorrectly called an “Asian NATO,” especially when it comes to security concerns around another big power in the region — China.
The Quad countries have cooperated in areas ranging from health and infrastructure development to military exercises —most notably the Exercise Malabar naval war games, which have developed into a permanent feature of the Quad.
“Because it has no specific mandate, they can make economic or even global warming issues part of the mandate of the Quad,” said Ted Kemp, CNBC International digital managing editor, and author of a game-theory driven project on the future of the Quad.
That includes being an effective counterbalance to China’s dominance in the Indo-Pacific region.
“What the Quad countries individ...
- Title
- What are stablecoins, and how do they work?
- Runtime
- 8:19
- Date posted
- 4 years ago
- Description
- Stablecoins are supposed to be everything tokens like bitcoin and ether aren’t.
Whereas bitcoin’s price fluctuates sharply, stablecoins are designed to be worth the same as something else — usually the U.S. dollar. Many stablecoins are also issued directly by companies, whereas bitcoin operates independently of any central authority.
Recent events have shown that not all stablecoins are as stable as they’re made out to be. TerraUSD, a so-called “algorithmic” stablecoin, fell below its peg dramatically, eventually crashing to a fraction of a cent and bringing an associated coin down with it.
The debacle has led to fresh scrutiny from regulators, who are worried stablecoins will one day get so big they could cause damage to the larger economy if they fail.
Tether, the world’s largest stablecoin, is a $70 billion juggernaut in the crypto world. But the company, which claims each of its tokens can be redeemed for exactly one...
- Title
- Mighty Jaxx: How this 32-year-old built a $200 million toy empire
- Runtime
- 9:11
- Date posted
- 4 years ago
- Description
- Jackson Aw is the founder of Mighty Jaxx, a designer toy company that has partnered with some of the biggest visual artists and global brands worldwide, producing collectibles that reflect pop culture and trendy designs.
To date, Mighty Jaxx has raised around $40 million, valuing the company at over $200 million.
Its investors include Chinese conglomerate Tencent, KB investment, which is owned by one of South Korea's largest banks, and Tokopedia investor East Ventures.
Watch the video to find out this Singapore entrepreneur propelled his $20,000-dollar start-up to a multimillion-dollar international toy empire.
#CNBC #Startup #Entrepreneur
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- Title
- How these companies cracked the four-day work week
- Runtime
- 8:25
- Date posted
- 4 years ago
- Description
- A growing number of businesses are embracing the four-day work week — an idea that was considered radical just a few years ago.
The Covid-19 pandemic appears to have sped up the adoption of a shorter working week, with workers increasingly demanding better work-life balance.
So, what can we learn from the companies and workers that have taken the plunge?
Watch the video above to learn how three companies have adopted the four-day work week and what it means for their employees.
#CNBC #Work #Productivity
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- Title
- People have talked about 'flying cars' for decades. Now they may actually happen
- Runtime
- 4:19
- Date posted
- 4 years ago
- Description
- German company Lilium produces flying electric passenger drones. CNBC looks at the company’s testing site in Spain and whether so-called electric vertical takeoff and landing aircraft (eVTOL) — popularly dubbed flying cars can take off.
#CNBC #Drones #EVs
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- Title
- Why Sweden and Finland are joining NATO - and what's next
- Runtime
- 6:20
- Date posted
- 4 years ago
- Description
- Russia’s invasion of Ukraine has provoked a major shift in the way Europe sees its security and defense.
Sweden and Finland — two Nordic nations that have spent decades avoiding any military alliance — have decided they are no longer safe on their own. They’ve requested to join NATO.
But how does a country join NATO, and what do changes in Europe mean for the world?
Watch the video above to find out why Finland and Sweden want to join the alliance now, more than 70 years after NATO was founded.
#NATO #Sweden #Finland #CNBC
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- Title
- What is Web3, and is it the future of the internet?
- Runtime
- 9:10
- Date posted
- 4 years ago
- Description
- Some crypto enthusiasts want a new kind of internet that yanks power away from Big Tech and hands it to people. Can they succeed?
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Remember AOL chatrooms and downloading songs through Napster? The internet has come a long way.
Today, it’s dominated by Meta, Google and a handful of other tech giants whose services have made it easier for billions of people to communicate and share content online.
But at what cost? “If something is free, you are the product,” so the saying goes — the only reason platforms like Facebook and YouTube can offer their services for free is because they use our personal data to target us with ads.
“Right now, you have big organizations who are controlling your data and providing you services that use your data,” says Bertrand Perez, chief operating officer of the Web3 Foundation.
Web3 is a hypothetical, future version of the net based on blockchain technology. Crypto enthusiasts say t...
- Title
- Why China's Shein is beating ASOS, H&M and Zara at fast fashion
- Runtime
- 9:54
- Date posted
- 4 years ago
- Description
- Chinese e-commerce company Shein took the top spot as the most downloaded app in the United States in May, according to a report from intelligence firm Marketplace Pulse. The fashion giant outperformed TikTok and Instagram on the Apple App store and was far ahead of Amazon.
Since 2015, Shein has become a leader in its industry, initiating a new era of fashion experts call “real-time retail.”
“What Shein has done is, it has established a new norm, which is real time,” Allison Malmsten of Daxue Consulting told CNBC in an interview.
“It is very fast, and the products are updated much more frequently and at a higher volume than any other fast fashion brand.”
But its name has also been marred by trademark infringement allegations and questions about the sustainability of its manufacturing process — controversies some experts say could threaten the startup’s investment prospects.
“If it wants to IPO an...
- Title
- Davos: How an elite meeting in the mountains became so divisive
- Runtime
- 9:48
- Date posted
- 4 years ago
- Description
- The last time the globe’s most powerful people gathered in Davos, the world was a dramatically different place. Covid was a distant worry and the world’s 10 richest people had $400 billion less to their name. Now, with inequality on the rise and anti-establishment sentiment growing, what does this mean for the World Economic Forum’s exclusive meeting as it makes its big comeback?
#CNBC #Davos #WEF #WEF22
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- Title
- How Russia's war exposed the dark side of luxury London
- Runtime
- 9:56
- Date posted
- 4 years ago
- Description
- Following Russia's invasion of Ukraine, and resultant sanctions on President Putin's oligarch elite, a spotlight has been firmly cast on the British capital and its complicity as a store for dirty money. Now, the British government is seeking to salvage its reputation with a clampdown on corruption. But will it be successful? And just how will London fare without its fix of forbidden finance?
#CNBC #Russia #London #Ukraine
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- Title
- What do higher interest rates mean for you?
- Runtime
- 9:11
- Date posted
- 4 years ago
- Description
- An entire generation of people is experiencing higher interest rates for the first time in their adult lives.
Interest rates have been at historic lows since the global financial crisis in 2008 — but they’re beginning to creep up.
As the pandemic devastated markets and slowed economic growth, many central banks made aggressive interest rate cuts. That lowered the cost of taking loans, which in turn spurred consumer spending and encouraged big credit purchases.
But now, with demand recovering and supply chains affected by the pandemic and the Ukraine war, inflation has gone up.
“There is no other way to end this inflation, given the supply chain disruption in the background, besides demand destruction,” Lee Boon Keng, director of the Centre for Applied Financial Education at Singapore’s Nanyang Technological University, told CNBC in an interview.
“And demand destruction can only be achieved by very, very tight ...
- Title
- Could crypto clean up its dirty image?
- Runtime
- 8:09
- Date posted
- 4 years ago
- Description
- It used to be possible to mine cryptocurrency with a decent laptop. Today, it’s a job done by huge operations running power-intensive machines round the clock.
Bitcoin, the world’s biggest digital currency, now consumes as much energy as entire countries. Governments around the world are growing concerned by this. Some countries, such as China, have even banned crypto mining outright.
Some companies in the crypto sector are taking the criticism on board. Canadian crypto miner Hive, for example, relies on a local hydropower plant for an ethereum mining facility located in Boden, a small military town in Sweden.
Watch our video to learn about how the crypto industry is trying to improve its environmental credentials.
#CNBC #Crypto #Bitcoin
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- Title
- What is the metaverse?
- Runtime
- 6:29
- Date posted
- 4 years ago
- Description
- Tech companies like Meta are investing billions of dollars into the so-called metaverse.
It can loosely be defined as a virtual world where people live, work and play. While there are some early versions of the metaverse out there, it doesn’t really exist yet.
Many of those early versions were touted by the tech giants at this year’s Mobile World Congress event in Barcelona.
But there’s a long way to go and questions are already being asked about whether the metaverse will end up being a utopia or a dystopia.
#CNBC #Metaverse #VirtualReality #MWC2022
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- Title
- Why China isn't backing down on its zero-Covid strategy
- Runtime
- 9:58
- Date posted
- 4 years ago
- Description
- Thanks to its zero tolerance for Covid-19 cases, China was the only major economy to grow in 2020.
While the rest of the world battled wave after wave of coronavirus, China's sealed borders, rigorous testing and strict quarantine policies let life for most people proceed as usual. China's approach became a source of national pride.
"The success of the strategy has sustained a very low level of infection in comparison to the failure of the liberal democracies, including the United States," said Yanzhong Huang of the Council on Foreign Relations.
Now, a major outbreak in China's most populous city, Shanghai, has threatened to change all that, with signs that public discontent is growing. While official figures show that deaths have been very low in Shanghai, there is reason to distrust the official figures, and it underscores the seriousness of the situation, Gabriel Wildau of Teneo told CNBC.
So, how long can China maintain its strict ...
- Title
- Why it's so hard to buy a home in London
- Runtime
- 9:56
- Date posted
- 4 years ago
- Description
- The number of 20- to 34-year-olds living with their parents in the United Kingdom has risen by 49% since the turn of the century, data from the country’s Office of National Statistics shows.
Rising house prices, high rents and low salaries are to blame, according to Michael Edwards, a University College London lecturer and expert on the relationship between property markets and planning.
He said those factors prevent young people from getting on the London property ladder.
“The housing system in London is pretty disastrous,” Edwards told CNBC. “For at least half the population, they are paying through the nose, very high prices for rent, or to save up to get enough deposit together to get a mortgage to buy.”
So why are London houses so expensive? Watch our video to learn more.
#CNBC #London #FirstTimeBuyer #Housing #LondonHousing
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CNBC Inte...
- Title
- What is SWIFT? How Russian banks got cut out of the financial system
- Runtime
- 9:51
- Date posted
- 4 years ago
- Description
- Several Russian banks were banned from the SWIFT financial-messaging system following Russia's full-scale invasion of Ukraine. So, what does it mean to lose access to this important part of the international economy, and are there any viable alternatives?
-
Effective communication systems are the backbone of how the world stays connected, from mobile phones, email networks, to banks.
What do banks use to communicate?
SWIFT – or the Society for Worldwide International Financial Telecommunications – is a system that banks use to securely send messages to each other. It is one of the key pillars of the financial world, connecting more than 11,000 member banks in some 200 countries and territories globally. Trillions of dollars'-worth of currency are sent across borders every single day – and it's largely thanks to the messages sent by SWIFT.
How does SWIFT work?
If you wish to transfer $1,000 from your bank in Singa...
- Title
- How NATO is defending Eastern Europe
- Runtime
- 7:19
- Date posted
- 4 years ago
- Description
- After years of defense cuts following the end of the Cold War, the North Atlantic Treaty Organization (NATO) changed tack after Russia's annexation of Crimea in 2014.
Defense spending increased, and the alliance boosted its presence in Eastern Europe in 2017.
As Russia ringed Ukraine with forces in February, NATO responded by sending even more troops and equipment to the region.
Russia's President Vladimir Putin has complained about NATO's expansion, claiming it's a major reason decided to invade Ukraine.
Watch the video above to find out what NATO is doing to counter Russia.
#CNBC #NATO #Ukraine
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- Title
- The ‘Great Resignation’ has gone global – and it’s shaking up the labor market for good
- Runtime
- 7:34
- Date posted
- 4 years ago
- Description
- Millions of workers worldwide have quit their jobs without something else lined up. So, what is the Big Quit, and how will it change our workforce?
----------
Chloe Loh, like many other workers across the world, epitomizes the “Great Resignation.”
“I left my job in December,” Loh told CNBC. “I was looking for a role that offered more growth. I didn’t see that in the role I was in, so I thought I would go look for that elsewhere.”
The term Great Resignation was coined in the United States, describing the tens of millions of Americans who changed jobs or quit working for good during the pandemic.
According to the Organization for Economic Cooperation and Development (OECD) data, other developed economies are experiencing similar trends.
There are about 20 million fewer jobs across the OECD’s 38 member countries than before the pandemic, while 14 million of these countries’ unemployed are not l...
- Title
- The rise (and fall?) of the Covid testing industry
- Runtime
- 10:00
- Date posted
- 4 years ago
- Description
- The multi-billion dollar Covid-19 testing industry emerged practically overnight to meet sudden demand for coronavirus tests. But with Covid-19 testing requirements now easing, what does its future look like?
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The Covid-19 testing industry sprung up almost overnight.
There was an overwhelming demand for tests around the world, and entrepreneurs reacted quickly – pouring money into hiring staff, securing supplies and building laboratories. Together with more established players, testing capacity ballooned and a brand-new industry was born.
Qured is one of those newcomers. It was launched in 2017 as a doctor-on-demand service, but in 2020, the company spotted an opportunity it couldn't ignore.
"It was really demand from our patients, which drove our pivot towards Covid testing," said Alex Templeton, CEO and co-founder of Qured.
Initially, Qured focused on helping businesses bring their staff back to ...
- Title
- How Ukraine brought the European Union together
- Runtime
- 7:00
- Date posted
- 4 years ago
- Description
- The European Union is often criticized for being slow, bureaucratic and lacking in consensus. However, Russia's invasion of Ukraine has created a watershed moment for the 27-member bloc.
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Russia's invasion of Ukraine has created a watershed moment for the European Union.
The 27-member bloc is often criticized for being slow, bureaucratic and lacking in consensus.
But the EU has come together to impose the toughest sanctions ever on Russia - in record time - and to reverse or modify some of its previously entrenched thinking.
Among those modifications: financing the purchase and delivery of weapons to countries like Ukraine that find themselves in conflict.
Watch the video above to find out how the Ukraine invasion has brought the bloc together.
#CNBC #Ukraine #EU
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- Title
- What is ethereum, and how does it work?
- Runtime
- 11:38
- Date posted
- 4 years ago
- Description
- Ethereum is the world's second-biggest cryptocurrency, and it's giving bitcoin a run for its money.
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Ethereum once was seen as bitcoin's little brother. Now, things have changed.
The ethereum cryptocurrency, known as ether, has claimed a sizable share of the crypto market. And its underlying blockchain platform is powering innovations in the space, from decentralized finance to non-fungible tokens.
But technical issues with the ethereum network are proving costly, with users being forced to pay high "gas fees" to make transactions. And a flood of new tokens known as "ethereum killers" are hot on its tail.
That could be about to change as ethereum moves over to a new standard which proponents say will make it run more efficiently.
#CNBC #Ethereum #Crypto
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- Title
- Are we ready for a future filled with electric vehicles? We put Singapore to the test
- Runtime
- 17:12
- Date posted
- 4 years ago
- Description
- How well does densely populated Singapore's infrastructure hold up for electric vehicle drivers? CNBC's Nessa Anwar decided to find out.
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Not all charging points are created equal.
That was one of the lessons CNBC learned while driving electric vehicles in densely populated Singapore, in a bid to test out how well the city's electric infrastructure holds up.
The country currently has 2,000 charging points across the island. Within the next decade, Singapore aims to have 60,000 EV charging points across the island, of which 40,000 are to be in public car parks and the remainder in private premises.
There are currently about 1.4 million public and private parking lots in the city-state, spread over 12,000 car parks. Building the wider EV infrastructure in such a densely packed place has its challenges.
Singapore aims for all vehicles to make the switch to clean energy by 2040, but there are more than 950,...
- Title
- The threat to nuclear security no one is talking about
- Runtime
- 12:45
- Date posted
- 5 years ago
- Description
- The United Kingdom's nuclear infrastructure is at risk of flooding due to rising sea levels and storm surges, according to the Nuclear Consulting Group. If true, it would make flooding the biggest threat to the U.K.'s national security.
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The United Kingdom's nuclear military bases are being threatened by climate change, according to a recent report from the Nuclear Consulting Group.
Paul Dorfman, the report's author, said that the U.K.'s coastal nuclear infrastructure is vulnerable to flooding, due to rising sea levels and more frequent and severe storms.
"All of the models or predictions, all of the analysis, all of the data has really begun to run hot," Dorfman told CNBC. "It's good that people are taking notice, but it's bad that this new data is showing us that we really do need to get our act together."
The report also found that coastal flooding frequency is estimated to increase by between 10 and more than 100 in ...
- Title
- The multibillion industry hoping to fix the world's housing crisis
- Runtime
- 9:30
- Date posted
- 5 years ago
- Description
- With a housing supply shortage plaguing most of the world's urban centers, could factory-built houses be the answer?
The $105 billion modular home industry thinks so, touting eco-friendly houses that can go from production line to plot in just a few weeks.
"We can build 27 Top Hat homes for every one brick-and-mortar traditionally built house,′ said Jordan Rosenhaus, CEO of modular housing company, TopHat.
"Over the next week, we'll finish approximately 10 houses," he added. "That's just our production program for now. That can ramp up."
The U.K.-based firm, which secured £75 million ($95 million) in funding from Goldman Sachs in 2019, has been working to make factory-built houses mainstream.
However, modular homes have some perception issues to overcome first.
Watch the video above to get an inside look at the industry hoping to revolutionize the construction sector.
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- Title
- What is bitcoin, and why does its price fluctuate so much?
- Runtime
- 12:51
- Date posted
- 5 years ago
- Description
- Bitcoin surged to new heights in 2021 as companies like Tesla and Mastercard warmed to crypto. But with regulators circling, the currents ahead are likely choppy.
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Bitcoin is the talk of the financial world. Bitcoin surged to new heights in 2021 as companies like Tesla and Mastercard warmed to crypto.
Bitcoin has matured from a virtual currency used by criminals to an asset that's been embraced by Wall Street firms. Many investors now liken the cryptocurrency to gold, believing it provides a store of value akin to the precious metal.
But as regulators start taking a closer look at crypto and volatility plagues the market, whether bitcoin can continue its stellar run looks increasingly uncertain.
So, what's next for bitcoin? Watch the video above to learn what the future holds in store for the No. 1 crypto.
#CNBC #Bitcoin #Crypto
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CNBC Inte...
- Title
- How the home of Aberdeen Angus is hoping to solve meat's big emissions problem
- Runtime
- 10:27
- Date posted
- 5 years ago
- Description
- The Scottish meat industry is worth more than $1.7 billion. But with global beef and veal consumption trending downward and a climate change emergency to contend with, can the home of Aberdeen Angus diversify in time?
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Scotland is a country famous for its history, beautiful landscape, golf, whisky - and of course, its food.
Among the nation's culinary delights, its beef has global recognition. Scottish cattle breeds are famous and have been adopted and bred all around the world. They've inspired restaurant chains from London to California.
Unfortunately for the Scottish meat industry, global beef and veal consumption is trending downward, even as demand for meat grows in developing economies.
A likely contributing factor is how terrible it is for the planet. In fact, when it comes to food, beef is one of the biggest offenders.
Could carbon-intensive Aberdeen Angus one day be off the menu, and if so, what...
- Title
- Why Brazil's business elite soured on former president Bolsonaro
- Runtime
- 15:39
- Date posted
- 5 years ago
- Description
- This video was originally published on Jan 20, 2022.
The pro-market stance of Brazil’s former president, Jair Bolsonaro, helped him win the support of the country's business elite - and eventually the presidency in 2018. So why do some experts say his policies have held back the country's economic potential?
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At the turn of the century, Brazil was touted for its huge economic potential.
The South American country was named alongside Russia, India and China as the emerging markets with the ability to eclipse the world's biggest economies.
"But then from 2011 to 2014, you had a slowdown in the Brazilian economy. This was due both to changes in the external sector, but also what I consider some mistakes in the economic policy framework," said Laura Carvalho, a Brazilian economist and best-selling author.
The deep economic recession that followed, coupled with political turmoil, fueled the rise of an unlike...
- Title
- Why retail investing has taken off in the U.S. - but not Europe
- Runtime
- 8:25
- Date posted
- 5 years ago
- Description
- European retail investor participation has always been low relative to other advanced economies. Could that change?
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European retail investor participation has always been low relative to other advanced economies. The recent boom in American trading activity on platforms like Robinhood has made this discrepancy even more visible.
While Europe has seen retail investor participation double since 2020, Vanda Research found retail activity still makes up only 5-7 percent of total trading volume in Europe, compared to more than 25 percent in the U.S. and more than 60 percent in China.
Despite that, there is a slew of start-ups in Europe trying to take advantage of growing interest, including Revolut, Trading 212, Freetrade and Trade Republic.
Watch the video above to learn why retail investing has lagged in Europe, and whether a large pension gap, low interest rates and a raft of new online brokerages hitting the market cou...
- Title
- What you should know before investing in crypto
- Runtime
- 8:11
- Date posted
- 5 years ago
- Description
- The crypto ecosystem has expanded significantly in recent years. While institutions such as the IMF are starting to embrace its innovation, they are also calling for investors to exercise caution. So, what is preventing the widespread adoption of cryptocurrencies?
#CNBC
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- Title
- Why a coup in Guinea was felt around the world
- Runtime
- 9:45
- Date posted
- 5 years ago
- Description
- A coup in mineral-rich Guinea has rattled markets and disrupted mining operations beyond West Africa. The coastal country boasts some of the world's largest reserves of many minerals, including bauxite and iron ore. The military's overthrow of Guinea's long-serving president, Alpha Conde, has added further pressure to already strained supply chains.
#CNBC
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- Title
- Crown Digital: He quit finance to create a multimillion-dollar coffee robot
- Runtime
- 6:37
- Date posted
- 5 years ago
- Description
- Coffee lovers in Singapore and Japan can now get their daily fix from robotic barista Ella as it rolls out in train stations across the two countries. CNBC Make It's Karen Gilchrist spoke to creator Keith Tan about how his internet of things start-up, Crown Digital, plans to transform the food and beverage industry.
Contents:
00:00 - Intro
00:29 - Meet the creator
00:46 - Meet Ella
01:43 - How the robot works
03:21 - Rise of the robotics market
05:50 - Future of robotics
#CNBC #CNBCInternational
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- Title
- Did Tokyo's Olympic bubble work?
- Runtime
- 13:31
- Date posted
- 5 years ago
- Description
- Staging the Tokyo Olympic Games in the midst of a pandemic was a formidable task. So how did its organizers pull it off, and what is the Games' legacy now that Tokyo's Olympic flame has gone out?
#CNBC #Tokyo2020 #Olympics
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- Title
- The rich are getting richer - and they're fueling a private jet boom
- Runtime
- 7:44
- Date posted
- 5 years ago
- Description
- Private jet demand is booming, and aircraft manufacturers can't keep pace. Even used jets are disappearing from the market.
There's been a wealth boom, especially among the already-rich, as more companies go public and the stock market hits record highs. Analysts say many newly listed companies are buying their first company jets.
In the United States, business jet take-offs and landings are up 40% year-over-year. They're at their highest point since before the 2008 financial crisis, partly driven by the pandemic as big companies expanded private jet privileges for their top executives.
But the market is attracting individuals too, whether they're executives, start-up founders or lucky crypto investors with their first hundred million looking for a new toy with a high price tag.
"Demand in this industry has been really off the scale. I've been in the industry for 23 years, and I've never seen anything like it," Ian Moore, chief co...
- Title
- Personio: He built one of Europe's most valuable start-ups in his 20s
- Runtime
- 6:05
- Date posted
- 5 years ago
- Description
- HR software start-up Personio is worth more than $6.3 billion, which is quite a feat for company that was only founded in 2015. CEO Hanno Renner talked to CNBC about his journey, from building Personio's first software product with his three co-founders as college students in Munich, Germany, to heading up a multi-billion dollar business with offices in five countries. Renner also discussed what lessons he was able to take from working part-time as a yacht skipper, while he was college student, into his current role as a CEO.
#CNBC #MakeIt #HR
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- Title
- COP26 had big ambitions - here's why it fell short
- Runtime
- 9:42
- Date posted
- 5 years ago
- Description
- COP26 was billed as the last best chance to save the planet. So what happened inside the conference centre and will it really solve our climate emergency? CNBC's Tom Chitty explains.
#CNBC
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- Title
- Ula: Why Jeff Bezos is betting on this Indonesian e-commerce start-up
- Runtime
- 7:44
- Date posted
- 5 years ago
- Description
- Indonesian e-commerce start-up Ula is a wholesale marketplace aiming to modernize the country's millions of mom-and-pop kiosks, or warungs, by providing inventory and delivery services as well as financing.
Founded in January 2020 by CEO Nipun Mehra, the company has thrived under a pandemic-induced shift to digital, so far raising over $117 million in funding from big names like Tencent and Lightspeed Venture Partners.
One among them is Bezos Expeditions, whose billionaire owner was told about Ula by one of the start-up's early backers.
In a region where Amazon has limited presence, Jeff Bezos's investment of an undisclosed sum through his family office can be seen as a vote of confidence.
"If you'd have asked me at that time that there would be a day, you know, 15 years later, where this moment would come, I would have probably been like it's a dream," Mehra, a former Amazon employee, told C...
- Title
- Why more people are attending sustainable events than ever
- Runtime
- 5:20
- Date posted
- 5 years ago
- Description
- Interest in events centered around sustainable themes, including workshops teaching techniques for mending clothes and classes demonstrating how to grow plants, is soaring.
With growing awareness of issues such as climate change, and pandemic-forced lockdowns providing many with an opportunity to reflect on their lifestyle choices, attendance at these events has increased in recent months.
Event ticketing platform Eventbrite claims that more than 90,000 people attended sessions on recycling, upcycling, and other sustainable topics in the second quarter of 2021.
Urban Growth, a social organization that runs weekly drop-in gardening sessions in South London, saw a trend of rising time spent volunteering on its projects between 2016 and 2019. The group told CNBC that interest has increased as the city re-opens in the wake of the pandemic.
Watch the video above to learn more about why sustainability-themed events are growing in popularity...
- Title
- Why there isn't a global minimum wage
- Runtime
- 10:32
- Date posted
- 5 years ago
- Description
- Wages are integral to the fulfillment of work. Around the world, most countries have set a minimum wage, but there are a few that argue against it.
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- Title
- Let's Do This: How two college friends got Serena Williams and Usain Bolt to back their business
- Runtime
- 8:32
- Date posted
- 5 years ago
- Description
- Sports booking start-up Let's Do This is off to a running start, attracting investment from the likes of tennis star Serena Williams and Olympic champion Usain Bolt. Cambridge graduates Alex Rose and Sam Browne set up the platform in 2017, after a conversation at the pub about how difficult it was to find and book races. They say Let's Do This is now the world's largest marketplace for mass-participation sports, with 15,000 events, such as marathons and triathlons, listed on the platform. CNBC Make It's Vicky McKeever spoke to co-founder Alex Rose about their journey so far, as well as plans for the future.
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- Title
- Why rich countries are so dependent on migrant workers | CNBC Explains
- Runtime
- 9:21
- Date posted
- 5 years ago
- Description
- The International Labour Organisation estimates that there are 169 million international migrant workers in the world, making up almost 5% of the global workforce. The majority work in, and are integral to the fast development of high-income countries, but at what cost?
Video contents:
00:00 Intro
00:40 Economic impact of migrant workers
02:04 Biggest drivers of the migrant workforce
03:55 Commonalities of countries that provide migrant workers
05:57 Vulnerability of migrant workers
07:00 Benefits of migrant workers
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- Title
- Why are natural gas prices so high? | CNBC Explains
- Runtime
- 8:29
- Date posted
- 5 years ago
- Description
- Millions of households in Europe could be facing high gas bills this winter as the price of natural gas skyrockets across the continent.
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- Title
- Carro: How 3 friends built a $1 billion used car business | CNBC Make It
- Runtime
- 7:49
- Date posted
- 5 years ago
- Description
- Autos marketplace Carro has been on an epic journey, establishing itself as one of Asia Pacific’s fastest growing start-ups and achieving coveted unicorn status in 2021. CNBC Make It’s Karen Gilchrist spoke to co-founder and CEO Aaron Tan about how he and his college friends built a billion-dollar business selling used cars, and what the road ahead has in store.
Contents:
00:00 Intro
01:26 Carro CEO Aaron Tan’s entrepreneurial journey
03:35 Euromonitor’s view on the expanding middle class, price-sensitive consumers
04:23 Carro’s subscription service
05:00 Pandemic’s impact on Carro
06:09 Carro’s sustainability plans
#startup #entrepreneur
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- Title
- Chinese property giant Evergrande has a huge debt problem – here's why you should care
- Runtime
- 8:59
- Date posted
- 5 years ago
- Description
- Chinese real estate behemoth Evergrande faced its biggest crisis yet in September 2021, spooking markets and prompting comparisons to the collapse of U.S. investment bank Lehman Brothers in 2008.
Since the company’s founding in 1996 by Hui Ka Yan, it has since accumulated more than $300 billion in debt, making it the world’s most indebted developer.
“As Evergrande teeters on the edge of default, the collapse would have grave consequences for hundreds of thousands of property buyers and retail customers,” said CNBC Senior Correspondent Emily Tan.
#Evergrande #EvergrandeGroup
Content:
00:00 Intro
01:14 Background of Evergrande
01:57 Evergrande's huge debt
02:43 People's Bank of China (PBOC)'s three red-lines & rationale
04:16 Domino effect of the Evergrande crisis
06:03 Is this China's 'Lehman moment'?
06:32 Will there be a bailout?
08:27 Biggest takeaway
...
- Title
- Conference of the Parties (COP): Can a climate change conference save the planet?
- Runtime
- 8:38
- Date posted
- 5 years ago
- Description
- In 1992, more than 150 countries signed the United Nations Framework Convention on Climate Change (UNFCCC). The environmental treaty was designed to support a global response to climate change.
Every year, delegations from countries signed to the convention gather for the Conference of the Parties, more commonly known as COP.
The first COP was held in Berlin in 1995. More than 25 years later, the Scottish city of Glasgow will host COP26 at the beginning of November this year.
Watch the video above to learn what happens at COP and the role it plays in the fight against climate change.
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- Title
- Nestlé wants to slash its carbon emissions — is this the solution? | CNBC Reports
- Runtime
- 8:31
- Date posted
- 5 years ago
- Description
- Agriculture is one of the world’s top polluting industries, accounting for up to one-fifth of global greenhouse gas emissions. Ahead of COP26, many major food groups have committed to slashing their carbon emissions and reaching net zero in the coming decades. CNBC gets an inside look at how Nestlé, the world’s largest food and beverage company, will use regenerative farming to reach net zero by 2050.
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#CNBC #Agriculture #Climate
- Title
- How inflation works | CNBC Explains
- Runtime
- 12:36
- Date posted
- 5 years ago
- Description
- Ever wondered how your grandparents bought a house with what would barely be enough to buy a used car today? The prices for things are constantly going up, and the main reason is inflation.
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- Title
- What Taliban rule means for Afghanistan’s economy | CNBC Explains
- Runtime
- 9:34
- Date posted
- 5 years ago
- Description
- After a 20-year absence from power, the Taliban took control of Afghanistan at a speed that shocked the world. Amidst reports of violence and repression by Taliban militants and political uncertainty following the new rule, millions of dollars in foreign aid were withheld. CNBC’s Nessa Anwar and Natasha Turak discuss what this could mean for the future of Afghanistan.
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- Title
- What a future without oil looks like for the Gulf countries | CNBC Explains
- Runtime
- 10:51
- Date posted
- 5 years ago
- Description
- Once a region seeing vast flows of wealth due to natural petroleum resources, the market slowdown and plunging oil prices have placed the Gulf Cooperation Council in a position of economic uncertainty. CNBC's Nessa Anwar is joined by Hadley Gamble to discuss the GCC's challenges, from economic diversification to their internal disagreements.
Contents:
00:00 - Intro
01:20 - Why was GCC set up in the first place?
01:50 - Arab Spring 2011
03:16 - Key oil events
05:23 - Economic diversification in the Gulf countries
06:26 - Saudi Vision 2030
07:11 - Education in Gulf countries
08:11 - UAE's priority towards green hydrogen
08:38 - The road ahead for GCC
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