Month: May 2024
Nutritional needs are ‘shifting’ amid rise of weight loss drugs, says Nestle CEO
A picture taken on February 21, 2024 show the logo of Swiss food giant Nestle on the company’s headquarters in Vevey, western Switzerland. Fabrice Coffrini | Afp | Getty Images The meteoric rise of weight loss drugs means consumers’ nutritional needs are “shifting” which provides new opportunities for food companies, Nestle CEO Mark Schneider told […]
Read More
Psychology expert shares her No. 1 tip on how to deprioritize work and live a purposeful live
Jodi Wellman, a positive psychology expert, was an executive leader for 17 years but realized that achieving the pinnacle of success wasn’t bringing her any joy. “I was, like many people, achievement-oriented. I tied my sense of self-worth to what I was doing, how much I was producing, what the name on my business card […]
Read More
Google to invest $2 billion in Malaysia and create details center to capture climbing AI desire
The Google corporate emblem hangs outside just one of its offices on August 31, 2021. Sean Gallup | Getty Photographs Google on Thursday reported it will invest $2 billion in Malaysia, with part of the resources going towards building its 1st details center and cloud area in the region, as the demand from customers for […]
Read More
14 pro-democracy activists found guilty of subversion in Hong Kong’s biggest national security case
HONG KONG — A Hong Kong court on Thursday found 14 of 16 pro-democracy activists guilty of conspiring to subvert the state in the Chinese territory’s single largest case under a sweeping national security law imposed by Beijing. Two of the defendants, Lau Wai-chung and Lee Yue-shun, were found not guilty. The defendants, who could be sentenced to life in prison, […]
Read More
Singapore pushes for green data centers as growing AI demand strains energy resources
Erik Isakson | Digitalvision | Getty Images SINGAPORE — Singapore is pushing for green data centers as the explosive demand for artificial intelligence puts a strain on energy resources. The city-state launched a green data center roadmap on Thursday to support its ambitions for the digital economy as demand for AI and computing grows. “As […]
Read More
CNBC Daily Open: Dow drops, Nvidia can’t save Nasdaq
Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
Read More
Japan’s Nikkei down 2%, leading losses in Asia ahead of data deluge on Friday
Commercial and residential buildings are illuminated at dawn in Seoul, South Korea, on Saturday, Oct. 21, 2023. South Korea has prepared a financial support program of 75.9 trillion won ($56.97 billion) for companies increasing investment in key sectors as well as small businesses struggling with the impact of high interest rates. Bloomberg | Bloomberg | Getty […]
Read More
This global fund’s stock could rally by 35% if buyback limits are removed, fund manager says
Caledonia Investments could see its stock price soar by more than 35% if restrictions on share buybacks are lifted, according to fund manager Brian McCormick. Caledonia invests in privately run companies and funds and publicly listed companies such as Microsoft , Oracle , Moody’s , Philip Morris , and British American Tobacco . The company, […]
Read More
Goldman Sachs names global ‘alpha’ stock ideas — and gives one nearly 60% upside
European markets have largely had a good run this year — with several market watchers looking keenly at the region and saying that it could have a ” greater tailwind than the U.S. ” Europe’s Stoxx 600 dipped in the last few days, but had been climbing since the start of the year. The benchmark […]
Read More
Gen Zs are spending big to travel this summer — even if it means going into debt
Move over family travelers. Gen Zs are set to make the biggest splash this summer, with surveys showing they are upping their vacation plans and spending more than older travelers. No longer satisfied with road trips to their parents’ homes, Gens Z are planning international trips at higher rates than other generations, according to a […]
Read More