CNBC
- CNBC
China's economic data misses expectations as economy continues to show uneven recovery
Editor's Note
China's economy is emerging from the shadow of the Covid outbreak, though not as quickly as some investors hoped. The latest industrial production reports reinforce that view, as CNBC reports.
Economy2 min read - CNBC
F1's fanbase is shifting — and the 'Netflix effect' is only part of that
informed Summary
- The Netflix series "Formula 1: Drive to Survive" has been credited with increasing interest in F1 in the U.S., but its impact on actual race viewership has been smaller than suggested.
Culture4 min read - CNBC
If you can say these six phrases with confidence, you live a happier, more hopeful life than most
informed Summary
- Dr. Alphonsus Obayuwana, a physician-scientist and happiness coach, has developed a formula to measure happiness based on three decades of research. The formula is Hope ÷ Hunger = Happiness, where hope comes from high self-esteem, robust human relationships, economic sufficiency, adequate knowledge, and spiritual assurances. Hunger refers to a compelling desire or craving for inclusion, intimacy, food, information, and certainty.
Personal growth4 min read - CNBC
The Louvre Museum looks to rehouse the 'Mona Lisa' in its own room — underground
informed Summary
- The Louvre Museum in Paris is considering further improvements to the room that houses the Mona Lisa, despite it being renovated only five years ago. The museum's director, Laurence des Cars, said that the institution is looking at upgrading the conditions surrounding the painting and the overall visitor experience.
Culture2 min read - CNBC
The new class war: A wealth gap between millennials
informed Summary
- The wealth gap between rich millennials and the rest of their age group is the largest of any generation, according to a recent study. The average millennial has 30% less wealth at the age of 35 than baby boomers did at the same age, but the top 10% of millennials have 20% more wealth than the top baby boomers at the same age.
Finance3 min read - CNBC
Emirates CEO issues apology after Dubai flood chaos leaves 30,000 suitcases to limbo
informed Summary
- Historic rains in the United Arab Emirates caused record flooding and chaos at Dubai's airport last week, leading to hundreds of flights being grounded and thousands of customers stranded. Emirates Airlines' CEO, Tim Clark, issued an apology to customers for the disruption.
World Affairs3 min read - CNBC
Israel's war Cabinet is locked between restraint and revenge
informed Summary
- Israel has yet to decide on its response to a drone and missile strike by Iran on its territories, despite a meeting of its five-person war Cabinet. The Israeli military claimed that it and international allies eliminated 99% of the drones and missiles fired at its soil over the weekend as part of its "Iron Shield" operation.
World Affairs3 min read - CNBC
How Spotify AI plans to know what's going on inside your head, and find the right track for it
informed Summary
- Spotify has been investing in AI and machine learning to improve its recommendation tools and help its subscribers discover new music. The company's AI DJ, which announces song names and leads into tracks, is an attempt to personalise listening sessions and encourage listeners to explore music outside their comfort zones.
Tech4 min read - CNBC
The No. 1 tip for communicating well over email, according to a language expert
informed Summary
- Esteban Touma, a cultural and linguistics expert at Babbel, emphasizes the importance of timely responses in email communication. Even a simple confirmation email acknowledging receipt of the message is considered professional and fosters trust.
Tech2 min read - CNBC
How climate change is beginning to be built into employee pay and benefits
informed Summary
- More employees are seeking "green" perks as part of their job benefits, with a focus on commuting as a way to reduce carbon footprints. These benefits could include facilitating eco-friendly modes of transportation, such as biking or electric vehicles.
Business5 min read - CNBC
A landmark ruling in Europe's top rights court delivers a watershed moment for climate litigation
informed Summary
- The European Court of Human Rights ruled in favor of over 2,000 elderly Swiss women who argued that the Swiss government's efforts to combat climate change were insufficient to protect them from increasing heatwaves. The court found that the government had violated the human right to respect for private and family life and failed to comply with its duties.
News3 min read - CNBC
Want to buy a 1-euro home in Italy? The best advice from three people who did it
informed Summary
- Sicilian towns have been selling off abandoned homes starting at 1 euro each, attracting many foreign buyers. However, the cost is largely symbolic because there are additional expenses such as realtor's fees and deed costs.
Business5 min read - CNBC
Why a small China-made EV has global auto execs and politicians on edge
informed Summary
- The BYD Seagull, a small all-electric hatchback built in China, is causing concern in the global automotive industry due to its price of less than $10,000 and the potential for it to disrupt domestic auto industries worldwide.
Business6 min read - CNBC
United Arab Emirates is using cloud seeding tech to make it rain
informed Summary
- The Middle East is facing severe water scarcity due to rising global temperatures and climate change. The UAE, for example, averages less than 200 millimeters of rainfall a year and temperatures can reach as high as 50 degrees Celsius during the summer.
Science3 min read - CNBC
Europe is having its worst earnings season since the onset of Covid — with little hope of a quick turnaround
informed Summary
- Around half of European companies missed earnings expectations in the latest reporting season, marking the worst earnings season since the first quarter of 2020, CNBC reports.
Business2 min read - CNBC
Motorola shows off a concept smartphone that can wrap around your wrist
informed Summary
- Motorola, owned by Lenovo, has showcased a bendable smartphone concept that can wrap around a user's wrist.
Business1 min read - CNBC
This airline announced a special flight with a mystery destination. Over 1,000 people signed up
informed Summary
- Scandinavian Airlines recently offered a "Destination Unknown" flight experience for members of its EuroBonus loyalty program.
Business2 min read - CNBC
'It is urgent': European leaders appeal for greater support for Ukraine as Russia makes major gain
informed Summary
- At the Munich Security Conference, Danish Prime Minister Mette Frederiksen criticized the lack of urgency among delegates regarding Russia's war in Ukraine. She called for increased military assistance to Ukraine, adding that Europe has stockpiles of weapons and ammunition that could be shared with its ally.
World Affairs4 min read - CNBC
As Sam Bankman-Fried awaits prison sentence, FTX customers await a surprise: Full repayment
informed Summary
- Former FTX CEO Sam Bankman-Fried, who was found guilty on seven criminal counts related to the collapse of the crypto exchange, could potentially repay customers and creditors with legitimate claims. Lawyers representing the bankruptcy estate of FTX expect to fully repay these parties, despite the complexity of the process.
Business5 min read - CNBC
Russia's war in Ukraine has had an unlikely consequence — it has revived the EU's plans to get even bigger
informed Summary
- The invasion of Ukraine by Russia has given new political momentum to the European Union's plans for enlargement in the Western Balkans. However, it remains unclear whether the region -- which includes Albania, Bosnia and Herzegovina, North Macedonia, Montenegro, Kosovo, and Serbia -- is ready and willing to join the EU.
World Affairs3 min read
