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☆ Don't be so competitive at work, says bestselling author Simon Sinek: How to get ahead instead
▼ + stars: | 2023-12-05 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

That's according to bestselling author and leadership expert Simon Sinek, who recommends setting goals that focus more on the process of self-improvement than specific outcomes of future scenarios. "There's no such thing as winning," Sinek said recently at the 2023 World Business Forum summit. Don't miss: Remove 1 word from your workplace vocabulary, says bestselling author Simon Sinek: ‘We’re all guilty of this’That doesn't mean you can't work hard to get ahead. There's no such thing as winning education and there's definitely no such thing as being No. DON'T MISS: Want to be smarter and more successful with your money, work & life?

Persons: Simon Sinek, Sinek, Emmanuel Acho, Acho, That's, There's, there's, Warren Buffett Organizations: TED, NFL

☆ Remove 1 word from your workplace vocabulary, says bestselling author Simon Sinek: ‘We’re all guilty of this’
▼ + stars: | 2023-11-30 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Chances are good that you've used the word "underperformer" at work before. Stop doing that, bestselling author and leadership expert Simon Sinek said earlier this month at the 2023 World Business Forum summit. Most people's definition of an underperformer is far too loose, said Sinek. When asked how to deal with people who are struggling at work, he summed up his advice into three words: give them grace. "We're all guilty of this," said Sinek, adding: "What ends up happening is, all we do is think about them and treat them as an underperformer.

Persons: you've, Simon Sinek

☆ Successful people have more 'productive paranoia' than most, says bestselling author Jim Collins—here's how to cultivate it
▼ + stars: | 2023-11-20 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

Highly successful people overcome them by having "prodigious amounts of productive paranoia," according to multi-time bestselling author and leadership expert Jim Collins. "The question is not if bad things will happen, it's when," Collins said last week at the 2023 World Business Forum summit. Sometimes, productive paranoia takes the shape of over-preparing for a presentation so you can anticipate every possible question your audience might ask. Constantly thinking about potential futures — both good and bad — is the type of productive paranoia that all professionals should have, Collins said. DON'T MISS: Want to be smarter and more successful with your money, work & life?

Persons: Jim Collins, Collins, Jenny Maenpaa, Warren Buffett Organizations: CNBC Locations: New York

☆ Ex-IBM CEO: Here's the No. 1 thing my mom did to raise four highly successful executives
▼ + stars: | 2023-11-18 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

If you asked Ginni Rometty's mom how she managed to raise four high-powered executives, she'd be as stunned as you are. "My mom [is] always like, 'How did this happen?,'" Rometty, the former CEO of IBM, said on Wednesday at the World Business Forum summit. Rometty's youngest sister, Darlene Nicosia, is the CEO of food manufacturing company Hearthside Food Solutions. One particular lesson from their mom helped them all grow into successful adults, Rometty said: "Never let someone else define who you are." Her mom — who didn't have a job at the time, Rometty told the Horatio Alger Association in 2016 — managed to land a job at a local hospital.

Persons: Ginni, she'd, she'll, Darlene Nicosia, Anette Rippert, Joe Nicosia, Louis Dreyfus, Rometty, — Organizations: IBM, World, Food Solutions, Accenture, Louis Dreyfus Company, Horatio Alger Association

☆ This common trait is a red flag of a toxic boss, says ex-IBM CEO: 'I used to think it was a great skill'
▼ + stars: | 2023-11-16 | by ( Ashton Jackson | ) www.cnbc.com time to read: +1 min

Perfectionism might seem like a great quality for a boss to have. It's actually pretty toxic, says Ginni Rometty, former president and CEO of IBM. I mean, you'd send anything to me [and I'd send it back] completely red," Rometty, 66, said. "I used to think that was a great skill ... to find every mistake and improve it." Your perfectionist boss may think they're showing you how to be detail-oriented.

Persons: Ginni Rometty, Rometty, perfectionism, Pen, It's Organizations: IBM

☆ China's foreign minister suggests road to Xi-Biden summit will not be smooth
▼ + stars: | 2023-10-29 | by ( ) www.cnbc.com time to read: +1 min

President Joe Biden and his Chinese counterpart Xi Jinping are expected to meet on the sidelines of the Asia-Pacific Economic Cooperation summit in San Francisco in November. Saul Loeb | Afp | Getty ImagesChina's Foreign Minister Wang Yi said the "road to the San Francisco summit will not be a smooth one," the foreign ministry said on Sunday, in a reference to an expected meeting between President Xi Jinping and U.S. President Joe Biden. He was speaking after a discussion with members of the U.S. strategic community in Washington, the ministry said. Last month, China's top security agency suggested any Xi-Biden meeting in San Francisco hinged on the U.S. "showing sufficient sincerity". Washington and Beijing must put into practice the consensus achieved then, "remove interference, overcome obstacles, enhance consensus and gather outcomes," Wang said.

Persons: Joe Biden, Xi Jinping, Saul Loeb, Wang Yi, Wang, Biden, Xi Organizations: Economic Cooperation, Afp, Getty, China's, San, U.S Locations: Asia, San Francisco, Washington, China, U.S, Bali, Taiwan, Beijing

☆ US Budget Fight Could Create Opening for China in the Pacific
▼ + stars: | 2023-10-05 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +4 min

The Biden administration had hoped to see Congress endorse by Sept. 30 new 20-year funding programs for Micronesia, the Marshall Islands and Palau, which after decades of relative neglect now find themselves at the center of a U.S. battle for influence with China in the Northern Pacific. The stopgap "continuing resolution" (CR) that prevented a federal government shutdown does not include approval for this new program, however, and while it maintains federal services to the COFA states, it leaves holes in other parts of their budgets. "Both are countries that recognize Taiwan and are key components of U.S. defense architecture in the Pacific," she said. Paskal said Palau's funding under its existing COFA had dwindled as it approached its final year and it had been banking on funds from the new package to help cover budget deficits. The Washington embassies of Palau and the Marshall islands did not immediately respond to requests for comment.

Persons: David Brunnstrom WASHINGTON, Biden, Cleo Paskal, Paskal, Kaleb Udui, Marshall, Washington, David Brunnstrom, Don Durfee, Josie Kao Organizations: U.S, Congress, Marshall, Northern Pacific, Free Association, Washington, Foundation for Defense, Democracies, U.S . Congress, Palau's Finance, Howard, COFA, . State Department, State Department, Pacific, Forum Summit Locations: U.S, Micronesia, Palau, China, Northern, Marshall Islands, Taiwan, Beijing, Washington

☆ US budget fight could create opening for China in the Pacific
▼ + stars: | 2023-10-05 | by ( David Brunnstrom | ) www.reuters.com time to read: +4 min

The stopgap "continuing resolution" (CR) that prevented a federal government shutdown does not include approval for this new program, however, and while it maintains federal services to the COFA states, it leaves holes in other parts of their budgets. "Both are countries that recognize Taiwan and are key components of U.S. defense architecture in the Pacific," she said. Paskal said Palau's funding under its existing COFA had dwindled as it approached its final year and it had been banking on funds from the new package to help cover budget deficits. The Washington embassies of Palau and the Marshall islands did not immediately respond to requests for comment. Reporting by David Brunnstrom; Editing by Don Durfee and Josie KaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Biden, Cleo Paskal, Paskal, Kaleb Udui, Marshall, Washington, David Brunnstrom, Don Durfee, Josie Kao Organizations: U.S, Congress, Marshall, Northern Pacific, Free Association, Washington, Foundation for Defense, Democracies, U.S . Congress, Palau's Finance, Howard, COFA, . State Department, State Department, Pacific, Forum, Thomson Locations: U.S, Micronesia, Palau, China, Northern, Marshall Islands, Taiwan, Beijing, Washington

WASHINGTON (AP) — President Joe Biden is set to announce the opening of new U.S. embassies on Cook Islands and Niue on Monday as the Democratic administration aims to demonstrate to Pacific Island leaders that it remains committed to increasing American presence in the region. The announcement about the new diplomatic missions in the South Pacific comes as Biden prepares to welcome leaders to Washington for the two-day U.S.-Pacific Island Forum Summit. Talks are expected to heavily focus on the impact of climate change in the region. They also will meet on Monday with Biden's special envoy on climate, John Kerry, for talks focused on climate change. Kerry and USAID administrator Samantha Power will host the leaders on Tuesday for climate talks with members of the philanthropic community.

Persons: Joe Biden, Biden, Karine Jean, Pierre, John Kerry, Antony Blinken, Linda Thomas, Greenfield, Samantha Power, Janet Yellen, Manasseh Sogavare, Meltek Sato Kilman, Ishmael Kalsakau, Anthony Albanese Organizations: WASHINGTON, Democratic, Forum, White, Baltimore Ravens, Coast Guard, U.S . Coast Guard, White House, Pacific, State Department, USAID, Marshall, Federated, Solomon Islands, General Assembly, The U.S, Australian Locations: Cook Islands, Niue, South, Washington, Baltimore Harbor, Australia, Micronesia, Fiji, French Polynesia, Kiribati, Nauru, New Caledonia , New Zealand, Palau, Papua New Guinea, Republic, Marshall Islands, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu, Kerry, Federated States, The U.S, Solomon, New York, China, Papua, Guinea, The

BEIJING, July 5 (Reuters) - China's Commerce Minister told foreign pharmaceuticals firms they can expect "more development opportunities" during a roundtable on Wednesday, his ministry said, as drugmakers bemoan government procurement policies pricing them out of the market. Foreign pharmaceuticals firms have struggled to cement any inroads they have made into the world's second-largest economy, with the government maintaining a drug procurement programme that forces them to slash their prices and refusing to approve the use of any foreign COVID-19 vaccines during the pandemic. But as China pursues home-grown modernisation it will also open up "more development opportunities for foreign-funded enterprises, including the pharmaceutical industry," Wang told the meeting. Wang told the meeting on Wednesday that his ministry will expand the channels of communication for responding to and solving concerns, with the meeting resulting in 25 specific suggestions to be taken forward. Reporting by Joe Cash; Additional reporting by Kevin Yao;Editing by Elaine HardcastleOur Standards: The Thomson Reuters Trust Principles.

Persons: Roche, Takeda, Wang Wentao, Wang, Li Qiang, Li, drugmakers, Joe Cash, Kevin Yao, Elaine Hardcastle Organizations: China's Commerce, AstraZeneca, Bayer, Merck, Novo Nordisk, Pfizer, Sanofi, Moderna, Wednesday, Economic, Thomson Locations: BEIJING, China, Tianjin

The non-manufacturing PMI fell to 53.2 from 54.50 in May, indicating a slowdown in service sector activity and construction. Nomura has been the most bearish, cutting its forecast for growth in China's gross domestic product (GDP) this year to 5.1% from 5.5%. "This indicates the urgent need for a more powerful package of policy measures... to ensure the annual growth targets," he added. The government has set a modest GDP growth target of about 5% for this year after badly missing its 2022 goal. China's cabinet this month pledged to promote a sustained economic recovery "in a timely manner".

Persons: Rob Carnell, Julian Evans, Pritchard, Nomura, Bruce Pang, Jones Lang LaSalle, Li Qiang, ING's Carnell, Joe Cash, Sam Holmes Organizations: . Services, National Bureau, Statistics, ING, Capital Economics, PMI, Jones, Reuters, Thomson Locations: BEIJING, China, Asia, Pacific, Tianjin, Beijing

BEIJING, June 30 (Reuters) - China's manufacturing activity contracted for a third straight month in June, albeit at a slower pace, an official factory survey showed on Friday, as pressure builds for policymakers to release more stimulus to shore up weak demand. "Economic momentum is still quite weak in China," said Zhiwei Zhang, president and chief economist at Pinpoint Asset Management in a note. "It is not clear if the weak economic data would push the government to launch aggressive stimulus measures soon," he added. The official non-manufacturing PMI fell to 53.2 from 54.50 in May, indicating a slowdown in service sector activity and construction. The composite PMI, which includes both manufacturing and non-manufacturing activity, dropped to 52.3 from 52.9.

Persons: Zhiwei Zhang, Nomura, Li Qiang, Joe Cash, Sam Holmes Organizations: . Services, National Bureau, Statistics, Reuters, PMI, Thomson Locations: BEIJING, China, Tianjin, Beijing

[1/2] A worker works on a production line at a factory of a ship equipments manufacturer, in Nantong, Jiangsu province, China March 2, 2020. China Daily via REUTERSBEIJING, June 29 (Reuters) - China's factory activity likely contracted for a third straight month in June, albeit at a marginally slower pace, a Reuters poll showed on Thursday, underscoring the need for further policy stimulus to counter weak demand at home and abroad. An index reading above 50 indicates expansion activity on a monthly basis and a reading below indicates contraction. The government has set a modest GDP growth target of about 5% for this year after badly missing its 2022 goal. The highest reading in the poll was 49.7, still short of breaking into expansion territory, while the lowest reading was 48.0.

Persons: Nomura, Li Qiang, Joe Cash, Madhumita Gokhale, Anant Chandak, Simon Cameron, Moore Organizations: REUTERS, PMI, Thomson Locations: Nantong, Jiangsu province, China, REUTERS BEIJING, Tianjin, Bengaluru

☆ China unveils sweeping foreign policy law as Xi consolidates power — and aims to counter the US
▼ + stars: | 2023-06-29 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —China has unveiled a sweeping foreign relations law enshrining its right to impose “countermeasures” against actions that it deems a threat – in Beijing’s latest bid to bolster its position amid strained relations with the West. “This is the first comprehensive foreign relations law … but it (reads) more like Xi Jinping’s foreign policy declaration,” Zhao said, adding that its release comes at a moment when Xi is focused on countering what it sees as US efforts to contain China. “The party, not the government, runs China’s foreign relations. The law also includes China’s pledge to promote “high-level opening-up” of its economy, development of foreign trade and and encouraging and legally protecting foreign investment. In recent months, a campaign against consulting and due diligence firms has unnerved foreign businesses in China.

Persons: enshrining, Antony Blinken, Jinping, –, Zhao Leji, “, Xi, Washington, Lockheed Martin, Suisheng Zhao, University of Denver’s Josef, ” Zhao, ”, China’s, Sung, Li Qiang, Zhao Organizations: Hong Kong CNN, West, Global Times, Lockheed, Raytheon, Communist Party, Center for, Cooperation, University of Denver’s, University of Denver’s Josef Korbel School of International Studies, Australian National University’s Taiwan Studies Locations: Hong Kong, China, Beijing’s, Beijing, China’s, United States, Ukraine, Taiwan, Center for China, Tianjin, Europe, Denver

☆ Globalisation remains intact despite some setbacks - China Premier Li
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: 1 min

TIANJIN, June 27 (Reuters) - China's Premier Li Qiang told delegates that globalisation remains intact despite some setbacks at a World Economic Forum summit in Tianjin on Tuesday. The pandemic is unlikely to be the last public health crisis for the world, Li added. Reporting by Kevin Yao; Writing by Joe Cash; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Li Qiang, Li, Kevin Yao, Joe Cash, Kim Coghill Organizations: Thomson Locations: TIANJIN, Tianjin

☆ China’s premier strikes confident tone on economic growth
▼ + stars: | 2023-06-26 | by ( Laura He | ) edition.cnn.com time to read: 1 min

Hong Kong CNN —China’s Premier Li Qiang struck a confident tone about expansion in the world’s second largest economy on Tuesday, saying growth in the second quarter will be higher than in the first three months of the year. “We are on track to achieve the 5% annual growth target that we set earlier this year,” he told delegates at a World Economic Forum summit in the northern Chinese city of Tianjin. “We are fully confident and have the ability to promote the high quality development track of China’s economy over a long period of time.”This is a developing story and will be updated.

Persons: Hong Kong CNN —, Li Qiang, ” Organizations: Hong Kong CNN Locations: Hong Kong, Tianjin, “

☆ How Singapore's giant sovereign wealth fund is investing in generative AI technology
▼ + stars: | 2023-05-09 | by ( Alistair Barr | ) www.businessinsider.com time to read: +4 min

As CEO of GIC, Singapore's sovereign wealth fund, he must keep the country's savings growing ahead of inflation. AI retoolingThe 2 investors were most animated when discussing the recent explosion of generative AI technology, including large language models. Chris Emanuel, head of the Technology Investment Group at GIC, Singapore's sovereign wealth fund GICThere's already a generative AI startup feeding frenzy among venture capital funds. Secondary market actionFinally, GIC is keen on doing more in the secondary market, where private stakes in startups and VC funds change hands. That means general partners, the people running VC funds, already know GIC and are more comfortable dealing with the organization, Lim explained.

WASHINGTON, March 30 (Reuters) - Efforts to build a floor under U.S.-China relations have yet to be successful and coming months will determine if it is possible to reestablish constructive diplomacy with Beijing, a top White House official said on Thursday, stressing the need for "Cold War"-era hotlines and other crisis mechanisms. Campbell said the U.S. was in the early stages of a new phase of competitive relations with China. Campbell said the United States was stepping up its focus on the Indo-Pacific in spite of the war in Ukraine and this would been seen in its budgets, engagements, aid and assistance. He pointed to India, which is due to take part in another summit of the so-called Quad countries in Australia expected in May, and said he believed its relationship with the United States was the most important of the 21st century. Reporting by David Brunnstrom and Michael Martina; Editing by Leslie Adler and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

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