Tag: business news

  • Nvidia to build a $200 million AI center in Indonesia amid Southeast Asia push

    Nvidia to build a $200 million AI center in Indonesia amid Southeast Asia push

    The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California, on Feb. 11, 2015. Robert Galbraith | Reuters Nvidia is planning to build a $200 million artificial intelligence center in Indonesia in partnership with local telco giant Indosat Ooredoo Hutchison, as the U.S. tech darling continues its push into Southeast…

  • U.S. consumer sentiment stays steady

    U.S. consumer sentiment stays steady

    Shoppers are seen at Whole Foods Market on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | Afp | 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 matter where they are. Like what you…

  • Shareholder payouts hit a record $1.7 trillion last year as bank profits surged

    Shareholder payouts hit a record $1.7 trillion last year as bank profits surged

    Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 5, 2024. Brendan Mcdermid | Reuters LONDON — Global dividend payouts to shareholders hit a record $1.66 trillion in 2023, according to a new report by British asset manager Janus Henderson. The Global Dividend Index report, published…

  • What is civet coffee? PETA issues a new warning to Bali tourists

    What is civet coffee? PETA issues a new warning to Bali tourists

    If the idea of drinking civet cat coffee, which is made from feces from the Asian palm civet, is a turn-off, there may be yet another reason to rethink the drink. This week, People for the Ethical Treatment of Animals (PETA) issued a warning aimed at tourists in Bali after an investigator showed undercover footage…

  • Indonesians are electing Jokowi’s successor

    Indonesians are electing Jokowi’s successor

    Presidential candidate and former Jakarta governor Anies Baswedan, vice presidential candidate Muhaimin Iskandar, presidential candidate and Indonesia’s Defence Minister Prabowo Subianto, vice presidential candidate Gibran Rakabuming Raka, presidential candidate and former Central Java governor Ganjar Pranowo and vice presidential candidate Mahfud MD (from left to right) react on the stage during the last presidential election…

  • Can Indonesia’s next president Prabowo deliver on his big promises?

    Can Indonesia’s next president Prabowo deliver on his big promises?

    Prabowo Subianto, Indonesia’s presidential candidate and defense minister, center, waves to supporters in Jakarta, Indonesia, on Wednesday, Feb. 14, 2024. Prabowo declared victory in Wednesday’s presidential vote, citing independent pollsters, putting him on course to lead Southeast Asia’s largest economy after two failed attempts.  Bloomberg | Bloomberg | Getty Images JAKARTA — Indonesia’s Defense Minister…

  • Prabowo leads in unofficial presidential vote count

    Prabowo leads in unofficial presidential vote count

    Indonesia’s presidential candidate Prabowo Subianto gestures after he cast his ballot to vote in the country’s presidential and legislative elections at a polling station in Bogor on February 14, 2024. Indonesians began voting for a new president on February 14 with Defence Minister Prabowo Subianto the frontrunner to lead Southeast Asia’s biggest economy despite concerns…

  • Indonesia’s presidential hopefuls on TikTok to woo Gen Zs, millennials

    Indonesia’s presidential hopefuls on TikTok to woo Gen Zs, millennials

    Indonesia’s presidential election is due 14 February and candidates are going all out to win over voters in this country of 274 million. With millennials and Gen Z voters making up 56.5% of the electorate campaigning is often done on social media. One platform in particular has emerged as key, TikTok. Sopa Images | Lightrocket…

  • It’s a big election year around the world. Here’s where the pros are watching

    It’s a big election year around the world. Here’s where the pros are watching

    2024 is set to be a major election year, with over 75 countries heading to the polls. The Economist Intelligence Unit says that more than four billion people — or over half of the world’s population — live in countries with elections expected this year. These range from the U.K. and the U.S., to Russia,…

  • Santa Claus rally is in trouble, may signal weaker stocks

    Santa Claus rally is in trouble, may signal weaker stocks

    The Santa Claus rally is in trouble. That’s the tendency for the stock market to rise on the last five days of the old year, and the first two days of the new year — typically good for a gain of 1.3%, and historically the best seven-consecutive-day period of the year. But not so far. With…