Month: May 2022
ABBA hopes to go one better than Elvis and Michael Jackson with new immersive performance
Swedish music band ABBA, shown here as wax figures, have sold over 400 million records worldwide. Jonathan Nackstrand | Afp | Getty Images Pop legends ABBA are taking a big punt on their latest immersive project, founding member Bjorn Ulvaeus has told CNBC. The much-anticipated immersive performance called ABBA Voyage is billed as “a concert 40 […]
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‘The next era of humanity’s technological development’: U.S. and its Asian allies get serious about semiconductors
TOKYO — As U.S. President Joe Biden visits Japan and South Korea, the three countries are looking for common ground on the world stage. One place they’re finding it is semiconductors. A first stop for Biden on his first swing through Asia as president was a Samsung factory in South Korea. “These little chips, only […]
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How Davos became the anti-establishment’s punching bag
The World Economic Forum is trying to fix an image problem. Nearly 2,500 global leaders from business, politics and civil society are expected to take part in a rare springtime version of Davos this week. The annual meeting will see movers and shakers convene in Switzerland’s luxury Alpine ski resort of Davos for five days […]
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Australia’s new leader Albanese sworn in, ahead of Quad meet
Anthony Albanese, leader of the Labor Party, during a ceremony at the Government House in Canberra, Australia, on Monday, May 23, 2022. Albanese, was sworn in as the country’s 31st prime minister on Monday, promising to bring the country together after a fractious election campaign as he vowed to tackle climate change and inequality. Brendon […]
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Biden in Japan to launch regional economic plan to counter Beijing
U.S. President Joe Biden is greeted by Japan’s Foreign Minister Yoshimasa Hayashi upon arrival in Yokota Air Base in Fussa, Tokyo prefecture on May 22, 2022. Biden arrived in Japan on Sunday to launch a plan for greater U.S. economic engagement with the Indo-Pacific, facing criticism even before the program is announced that it will […]
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North Korea could launch a missile or nuclear test to ‘overshadow’ Biden’s first Asia trip
North Korea could launch an intercontinental missile test or even a nuclear test to try to overshadow U.S. President Joe Biden’s upcoming visit to South Korea, an expert told CNBC on Friday. “They’ve already done two intercontinental ballistic missile tests earlier this year and we’ve been seeing tunneling activity preparing for a nuclear test,” Bruce Klingner, […]
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China’s state-backed blockchain company is set to launch its first major international project
China’s Blockchain-based Service Network (BSN) is planning a major international expansion project in August. Yuichiro Chino | Moment | Getty Images China’s state-backed blockchain company is planning its first major international expansion, its CEO told CNBC, as Beijing continues to make the technology a key priority. Blockchain-based Service Network (BSN) bills itself as a “one-stop […]
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Broadcom reportedly in talks to acquire VMware
In this photo illustration, the VMware logo is seen on a smartphone and in the background. Chipmaker Broadcom is in talks to acquire cloud service provider VMware, people familiar with the matter told Reuters. Pavlo Gonchar | Lightrocket | Getty Images Chipmaker Broadcom is in talks to acquire cloud service provider VMware, people familiar with […]
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How Davos became the anti-establishment’s punching bag
CNBC goes behind the scenes to find out why there is growing social backlash against the global elite and whether an Alpine gathering of the rich and powerful is the way to solve it. Nearly 2,500 global leaders from business, politics and civil society are expected to convene this week in Switzerland’s luxury Alpine ski […]
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Four ‘dream jobs’ for people who love to travel
Many people occasionally travel for work. But for some, travel is at the heart of their jobs. CNBC Travel spoke with people from four industries about occupations where working from home — or an office for that matter — isn’t an option. A year of travel Name: Sebastian ModakJob: Former New York Times “52 Places […]
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