(Recasts, adds details on job cuts) By Chavi Mehta Jan 25 (Reuters) - IBM Corp on Wednesday said it would lay off 3,900 people as part of some asset divestments and posted flat fourth-quarter revenue due to lackluster demand for its consulting services. Source:finance.yahoo.com Original Image Link
The World Economic Outlook Update will be released in Singapore on January 31 at 9:30 am (January 30 at 8:30 pm Washington D.C. time): https://www.imf.org/WEO-jan23
Speakers:
- Pierre-Olivier Gourinchas, Chief Economist and Director, Research Department
- Daniel Leigh, Division Chief, Research Department
- Moderator: José Luis de Haro, Communications Officer
Published: 31st Jan 2023 02:28:44 By: IMF
IMF Video: World Economic Outlook Update, January 2023
Global growth is slowing in 2023 but should rebound in 2024. China reopening, a strong US labor market with cooling inflation, and a mild winter in Europe have all helped avoid the worst. Read our latest #WEO: http://www.IMF.org/WEO-jan23
Published: 31st Jan 2023 01:52:08 By: IMF
IMF Video: Promoting Climate-Resilient and Green Development in Africa | Africa Perspectives
Sub-Saharan Africa has contributed little to global greenhouse gas emissions, yet it is the region most vulnerable to climate change.
How can sub-Saharan Africa’s development path build resilience to climate change while preserving the sustainability of public finances?
Tune in to Africa Perspectives with IMF African Department Director Abebe Aemro Selassie on February 7, at 8:00 AM ET (1:00 PM ET) as he discusses this and more with Gabon’s Minister of Water, Forest, the Sea and Environment Lee White, and Executive Vice President of the African Center for Economic Transformation Mavis Owusu-Gyamfi.
✉️ Send your questions and comments to: AfricaPerspectives@imf.org
Published: 30th Jan 2023 09:12:14 By: IMF
IMF Video: Zambia: Towards a More Resilient and Inclusive Future
Join Managing Director Kristalina Georgieva at the University of Zambia for a discussion on how Zambia is making progress in its reform efforts to restore sustainability, invest in youth, combat corruption, and attract investment and the role of the IMF.
Live on Jan 24, 10:00 AM CAT (GMT +2) | 3:00 AM ET
Published: 24th Jan 2023 09:18:21 By: IMF
IMF Video: Panel Discussion - South Asia's Path to Resilient Growth
In this panel discussion entitled, "Strengthening Institutions for Sustainable Growth in the post-COVID World," the IMF's Deputy Managing Director Antoinette Sayeh, Nepal Rastra Bank Governor Maha Prasad Adhikari, Bangladesh's State Minister of Planning Shamsul Alam, India's Chief Economic Advisor V. Anantha Nageswaran, and the Central Bank of Sri Lanka Governor P. Nandalal Weerasinghe exchange their views on how South Asia can build on its development success in the aftermath of the COVID-19 pandemic.
Published: 6th Jan 2023 12:45:32 By: IMF
World Economic Forum Video: Why We Need Battery Passports | World Economic Forum | Davos 2023
Batteries power the energy transition to a sustainable future but require critical minerals, the extraction of which comes with environmental and human rights risk, including child labour.
How can a battery passport contribute to protecting human rights, safeguarding the environment and informing consumer decision-making?
This session highlights and builds on the work of the Global Battery Alliance, an initiative incubated by the World Economic Forum.
00:00 Introduction
03:20 Discussion begins
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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#Davos #WEF23 #WorldEconomicForum
Published: 5th Feb 2023 02:00:20 By: World Economic Forum
World Economic Forum Video: America (Un)Bound | World Economic Forum | Davos 2023
What can we expect from a reshaped legislative landscape in the United States as it relates to domestic and foreign policy?
Speakers: Børge Brende, Brian Kemp, Kyrsten Sinema, Christopher A. Coons, Joe Manchin III, Maria Elvira Salazar, Mikie Sherrill, JB Pritzker
00:00 Introduction by Børge Brende
03:13 Christopher A. Coons
06:11 Joe Manchin III
09:23 Kyrsten Sinema
13:37 Maria Elvira Salazar
21:44 Mikie Sherrill
24:23 Brian Kemp
29:09 JB Pritzker
33:58 Joe Manchin III
35:09 Kyrsten Sinema
39:10 Mikie Sherrill
42:28 JB Pritzker
44:12 Christopher A. Coons
45:57 Closing
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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#Davos #WEF23 #WorldEconomicForum
Published: 4th Feb 2023 02:00:13 By: World Economic Forum
World Economic Forum Video: The AI robot changing farming & ChatGPT used for scientific research | WEF | Top Stories of the Week
This week's top stories of the week include:
0:15 This AI robot is revolutionizing farming - The robot can identify weeds and crops at rate of 20 plants a second. The robot then delivers either weedkiller or fertilizer directly to individual plants to an accuracy of within 1mm. It can treat up to 500,000 plants per hour. The robot was invented by US firm Verdant Robotics.
1:24 This company cancelled all internal meetings - In January, e-commerce platform Shopify cancelled all regular meetings with 3 people or more and imposed a 2-week window before staff could schedule anything new. It also permanently banned meetings on Wednesdays and limited large meetings to a strict window on Thursdays. More organizations are trying a ‘meeting reset’, from Dropbox to Asana and Zapier. But why - and could your organization try it too?
3:00 How to build a thriving workplace - Businesses often ask staff why they resign. So why not ask why they’re joining or staying?
"Why would you wait until people have already committed to walk out the door to say, ‘If only I had a time machine, I would go back to the past and convince you to stay’? What I would much rather see employers do are entry interviews and stay interviews. Entry interview is just asking the same questions you would normally pose at exit at the beginning of the employment relationship: Why are you here? What are you hoping to learn? Right. What are some of the best projects you've worked on? Tell me about the worst boss you've ever had so we can try to emulate the good and avoid the bad."
5:22 ChatGPT is already being used for scientific research - ChatGPT launched to the public in November 2022. It gives in-depth, natural language answers to prompts, based on what it has learned from a huge database of books and articles. People have been using ChatGPT to perform an impressive range of tasks, from writing university-level essays to debugging code and filling in job applications. It has written fake scientific reports that have fooled scientists and has even been used to write a children’s book.
_____________________________________________
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
World Economic Forum Website ► http://www.weforum.org/
Facebook ► https://www.facebook.com/worldeconomicforum/
YouTube ► https://www.youtube.com/wef
Instagram ► https://www.instagram.com/worldeconomicforum/
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LinkedIn ► https://www.linkedin.com/company/world-economic-forum
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Flipboard ► https://flipboard.com/@WEF
#Davos #WEF23 #WorldEconomicForum
Published: 3rd Feb 2023 04:19:34 By: World Economic Forum
World Economic Forum Video: ChatGPT has been listed as an author on research papers and many scientists are unhappy
ChatGPT launched to the public in November 2022. It gives in-depth, natural language answers to prompts, based on what it has learned from a huge database of books and articles. People have been using ChatGPT to perform an impressive range of tasks, from writing university-level essays to debugging code and filling in job applications. It has written fake scientific reports that have fooled scientists and has even been used to write a children’s book. #chatgpt #research #science #ai #chatbot #software #ethics
Published: 3rd Feb 2023 01:00:38 By: World Economic Forum
World Economic Forum Video: Revolutionizing Food Security | World Economic Forum | Davos 2023
From production to processing and packaging and to distribution and logistics, food systems are being shaped and reimagined.
What breakthrough technology and innovation ideas could revolutionize consumption patterns in the future?
This session is directly linked to the Food Innovation Hubs global initiative and the Food Action Alliance of the World Economic Forum.
00:00 Introduction
03:50 Discussion begins
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
World Economic Forum Website ► http://www.weforum.org/
Facebook ► https://www.facebook.com/worldeconomicforum/
YouTube ► https://www.youtube.com/wef
Instagram ► https://www.instagram.com/worldeconomicforum/
Twitter ► https://twitter.com/wef
LinkedIn ► https://www.linkedin.com/company/world-economic-forum
TikTok ► https://www.tiktok.com/@worldeconomicforum
Flipboard ► https://flipboard.com/@WEF
#Davos #WEF23 #WorldEconomicForum
Published: 2nd Feb 2023 02:00:05 By: World Economic Forum
Economic Video: Dark skies ahead for Big Tech's cloud growth
Big Tech results reinforced concerns a boom in cloud services is easing, limiting a lucrative source of profit when a slowing economy has hit the companies' other businesses and prompting a bet on artificial intelligence as the next growth driver.
#News #Reuters #newsfeed #business #technology #BigTech #results #cloudservices #economy
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Published: 3rd Feb 2023 08:29:30 By: Reuters
Economic Video: Dow falls more than 300 points after Fed raises rates, sees 'ongoing' hikes
David Kelly of JPMorgan asset management, Jim Caron of Morgan Stanley Investment Management, and Cameron Dawson of NewEdge Wealth join 'The Exchange' to discuss the latest Fed rate decision. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Published: 1st Feb 2023 07:35:00 By: CNBC Television
Economic Video: Adani Contagion Fears Prompt Indian Officials to Call for Calm
Indian policy makers and regulators stepped in over the weekend to calm frayed nerves over concerns the turmoil surrounding billionaire Gautam Adani’s conglomerate would spill over into the local economy and affect global investor sentiment toward the country. Emma O’Brien reports on Bloomberg Television.
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Published: 6th Feb 2023 02:31:15 By: Bloomberg Television
Economic Video: Business analyst Jill Schlesinger on what new jobs report means about the economy
On Friday, the Labor Department released the January employment report. A whopping 517,000 jobs were created and the unemployment rate edged down to 3.4%, the lowest level since May 1969. CBS News business analyst Jill Schlesinger joins us to discuss the report and what it means about the economy.
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Published: 4th Feb 2023 01:17:49 By: CBS Mornings
Economic Video: FedEx plane nearly crashes into Southwest flight at Texas airport
ChatGPT, a natural-language-processing tool driven by artificial intelligence, just passed the US medical licensing exam. As ChatGPT grows in intelligence, it could very well come after your job. CNN’s Jacqueline Howard reports on what the study showed, and CNN’s Vanessa Yurkevich spoke with experts about what industries are already feeling the impact. #CNN #News
Published: 2nd Feb 2023 10:56:08 By: CNN
Business Video: The rules of tipping, according to Emily Post’s great-great granddaughter
“Nightcap’s” Jon Sarlin asks CNN’s Peter Valdes-Dapena if used cars will keep getting cheaper and if more EV price cuts are coming. Plus, Lizzie Post, the great-great granddaughter of etiquette icon Emily Post, shares when to tip and when to skip. To get the day’s business headlines sent directly to your inbox, sign up for the Nightcap newsletter. https://cnn.it/3Ilqyqa
00:00 - Welcome to "Nightcap"
00:14 - Used car bubble bursts
04:11 - Tipping point for the tipping debate
Published: 2nd Feb 2023 09:01:22 By: CNN
Business Video: Robert Kraft says he wants Tom Brady to retire as New England Patriot
New England Patriots owner Robert Kraft told CNN that he wants Tom Brady to sign a one-day contract and officially retire as a Patriot. Brady announced his retirement from the NFL after 23 seasons on February 1st. #CNN #News
Published: 2nd Feb 2023 03:30:04 By: CNN
Business Video: Debunking the flood of new year diet culture
Aubrey Gordon, author and co-host of "Maintenance Phase" podcast, explains the gimmicks and misinformation circulating in the diet industry. To get the day’s business headlines sent directly to your inbox, sign up for the Nightcap newsletter: https://cnn.it/3Ilqyqa
Published: 2nd Feb 2023 01:00:34 By: CNN
Markets Finance Video: Mobius Says Adani Debt 'Scared Us Away' From Share Sale
Mark Mobius, founding partner at Mobius Capital, says that debt levels at Adani Enterprises Ltd. scared his firm away from the company's stock sale before it was pulled on Wednesday. He speaks on "Bloomberg Markets."
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Published: 2nd Feb 2023 04:19:22 By: Bloomberg Television
Markets Finance Video: El-Erian Is 'Worried' About Booming Services Inflation
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says he is "less optimistic" about the path of inflation due to the rise in services costs seen in January jobs report. "Services are booming -- when I look at that, I worry a little bit that we may be too optimistic about the path for future inflation," he says on "Blomberg The Open."
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Published: 3rd Feb 2023 03:42:40 By: Bloomberg Television
ARK Investment Management CEO Cathie Wood comments on the performance of the ARK Innovation ETF during an interview with Carol Massar and Tim Stenovec.
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Published: 2nd Feb 2023 09:47:17 By: Bloomberg Television
Markets Finance Video: Jobs Report 'Big Push Back to the Slowing': BlackRock's Rosenberg
Jeff Rosenberg, portfolio manager of the Systematic Multi-Strategy fund at BlackRock, examines the January jobs report which saw the US adding 517,000 jobs on "Bloomberg Surveillance."
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Published: 3rd Feb 2023 02:53:37 By: Bloomberg Television
Markets Finance Video: BlackRock's Rieder Says Equities Are Just 'Ok'
Rick Rieder, global fixed income CIO at BlackRock, talks about where he sees investing opportunities in the markets. He's on "Bloomberg The Open" with Jonathan Ferro.
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Published: 3rd Feb 2023 03:26:40 By: Bloomberg Television
Tue, 31 Jan 2023 10:59:00 GMT The cloud software company Workday plans to cut hundreds of jobs as it lays off about 3 percent of its global workforce. The company told employees in a message on Tuesday that it decided to ...
Sun, 29 Jan 2023 22:58:00 GMT Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide after fresh losses caused by a massive recall of faulty sleep respirators.Chief Executive Roy Jakobs ...
Mon, 23 Jan 2023 00:54:00 GMT Google parent Alphabet cuts jobs joining Microsoft ... of the most important business moments around the world. incoming update… Coverage for this event has ended. Wall Street trader U.S ...
Sat, 21 Jan 2023 04:30:00 GMT Google's parent Alphabet Inc (GOOGL.O) is cutting about 12,000 jobs as it faces "a different economic reality", it said in a staff memo cited by Reuters. The job cuts affect 6% of its workforce, and ...
Wed, 18 Jan 2023 08:00:00 GMT Microsoft could announce thousands of job cuts on Wednesday, according to multiple news reports ... WRAL TechWire’s Jobs Report said Tuesday Microsoft lists 30 open positions – up four ...
