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☆ Americans who moved abroad say this big expense isn't worth it
▼ + stars: | 2024-08-06 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

In his years helping Americans move overseas, he says one major expense ends up not be worth it: paying to ship your belongings to your new home. "You can't just pick up everything from your old house and put it into your new house in Europe," Ingrim tells CNBC Make It. A lot of times, larger furniture pieces simply don't fit in oftentimes smaller European spaces, he says. The good news is that people are often "pleasantly surprised" at "how much cheaper a lot of the furniture is in Europe," Ingrim says. That goes for appliances, too: "A new kitchen in Europe is a lot cheaper than it is in the U.S."

Persons: Alex Ingrim, Louisa, Chase Buchanan, It's, that's, Ingrim Organizations: Chase Buchanan USA, CNBC Locations: San Diego, France, Canada, Malta, Italy, Ingrim, Florence, Europe, U.S

☆ Proposals at the Olympics draw criticism of overshadowing women athletes' accomplishments
▼ + stars: | 2024-08-05 | by ( Kimmy Yam | Kimmy Yam Is A Reporter For Nbc Asian America. | ) www.nbcnews.com time to read: +3 min

Viewers have had mixed reactions to athletes who have gotten engaged during the Paris Games. While some feel that the grand gesture makes Olympians’ big moments even bigger, others say that the proposals steal the spotlight from female athletes in particular. A Chinese social media site even jokingly shared a post featuring an added engagement ring column alongside the medal counter. But proposals done just after a monumental win have drawn some of the most scrutiny from some fans. And many social media users came to the couple’s defense, arguing that the proposal took place after the medal ceremony.

Persons: Liu Yuchen, Huang Yaqiong, Sarah Steyaert, Picon, Pablo Simonet, Maria Campoy, Sydney Colson, ”, didn’t, Huang, Steyaert, ” Steyaert, Qin Kai, Zi, Michael Phelps, Sunny Singh Organizations: Paris Games, Argentine, Team Argentina, Games, WNBA, Las Vegas Aces, La Chapelle, BBC, NBC Asian Locations: French, Porte, Rio de Janeiro, Brazil, NBC Asian America

Hong Kong/London CNN —Japanese shares soared Tuesday, clawing back some of their record losses from the previous day and underpinning a tentative recovery on global markets. Markets around the world plunged during Monday’s session when a combination of fears about a slowing US economy, rising Japanese interest rates and crumbling tech stocks combined to trigger a meltdown. The bounce in Japan is “typical after a market crash,” Neil Newman, head of strategy at Astris Advisory in Tokyo, told CNN. “It is too early to conclude that the Japanese stock market has hit a bottom,” they said, adding that any recovery would likely only occur after Japanese companies report first-half earnings in October, or even after the US presidential election in November. A stronger yenJapan’s stock market, in particular, was hard-hit by the rapid appreciation of the yen, which undermines the export competitiveness of the country’s manufacturers.

Persons: clawing, Kospi, ” Neil Newman, ”, “, Stephen Innes, ” Newman, Newman, Fumio Kishida Organizations: London CNN, Nikkei, Nasdaq, Advisory, CNN, UBS Chief Investment, Moody’s, Bank of Japan, Management, Tokyo “, Traders, Reuters Locations: Hong Kong, London, Asia, South, Taiwan, Europe, Japan, Tokyo, South Korea

Signs of a slowing U.S. economy sowed panic among investors on Monday, with a sell-off in markets that began last week turning into a global rout. The moves were a sharp reversal in major stock markets, which for much of the past year have risen to new heights, propelled by optimism about cooling inflation, solid labor markets and the promise of artificial intelligence technology. South Korea’s benchmark Kospi index fell more than 10 percent at one point. Japanese stocks have been on a tear for more than a year, fueled by a weak Japanese yen. Adding to the pressure, foreign investors have started selling off positions in Japanese stocks over the last few weeks.

Persons: ”, Andrew Brenner, Goldman Sachs, Goldman, Jordi Basco Carrera, ’, Basco Carrera, Jitters, Jesper Koll, Koll, John Liu, Melissa Eddy Organizations: Federal, Nasdaq, National Alliance Securities, Equity, Technology, Samsung Electronics, Taiwan Semiconductor Manufacturing Company, Nvidia, Intel, Allianz, Monex, Bank of Japan, Tokyo Stock Exchange Locations: Asia, Europe, Americas, Japan, U.S, Taiwan, Singapore, Australia, Hong Kong, China, Stocks, India, Netherlands, Switzerland, New York, Munich, “, New, Seoul, Berlin

☆ Nikkei 225: Japan stocks rebound sharply after worst rout in history as other Asia markets also rally
▼ + stars: | 2024-08-05 | by ( Laura He | Juliana Liu | ) edition.cnn.com time to read: +2 min

Hong Kong CNN —Japanese shares soared in early trading on Tuesday, clawing back most of their record losses from the previous day and underpinning a regional rally. The Nikkei 225 last traded about 10% higher, while South Korea’s Kospi rebounded by about 3%. They all suffered major losses during the previous trading session. The bounce in Japan is “typical after a market crash,” Neil Newman, head of strategy at Astris Advisory in Tokyo, told CNN. Losses like that led the Nikkei to close 12.4% lower on Monday in its largest one-day fall since October 1987.

Persons: clawing, Kospi, ” Neil Newman Organizations: Hong Kong CNN, Nikkei, Advisory, CNN, Kikkoman, Nasdaq, Bank of Japan Locations: Hong Kong, South, Taiwan, Japan, Tokyo

☆ U.S. expat who's lived in Italy, France and more: If you want to move to Europe, here's my best advice
▼ + stars: | 2024-08-04 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Take it from Alex Ingrim, who's originally from Washington, but left the U.S. to study in France, where he met his now-wife, Louisa. Over the last 17 years, Ingrim, 36, has lived in France, Canada, the UK, Malta and now Italy. That's the minimum amount of time you'll need to start shopping and doing chores like you live there, Ingrim says. "If you go for two weeks, you're not really fully going grocery shopping," he says. "Try to understand the realistic budget for how you live," Ingrim says.

Persons: Alex Ingrim, who's, Louisa, He's, Chase Buchanan, Here's, del, Ingrim, Ingram Organizations: Chase Buchanan USA, CNBC Locations: Washington, U.S, France, Canada, Malta, Italy, Florence, Europe, del Sol, Spain, Cyprus

☆ Léon Marchand is carrying on a long tradition of athletes from host nations becoming Olympic greats
▼ + stars: | 2024-08-03 | by ( George Ramsay | ) edition.cnn.com time to read: +8 min

Tokyo Olympics – skateboarders shineJapanese athletes claimed 27 gold medals in Tokyo three years ago, the third-most of any nation behind the USA and China. Neymar celebrates Brazil's Olympic gold in 2016. Still the Olympic record holder following his gold medal in Rio, Braz went on to win bronze at the Tokyo Games. Lluis Gene/AFP/Getty ImagesGymnast Yang Wei won gold in the all-around and team events as China almost completed a clean sweep in the men’s events. Atlanta Olympics – Michael Johnson dominatesThe USA won 44 gold medals at the 1996 Atlanta Olympics.

Persons: Léon Marchand, He’s, Marchand, Antoine Dupont, Momiji Nishiya, Lucy Nicholson, Yuto Horigome, Sakura Yosozumi, Yui Ohashi, Neymar, Laurence Griffiths, Thiago Braz, France’s Renaud Lavillenie, Braz, heptathlete Jessica Ennis, Greg Rutherford, Mo Farah, Jessica Ennis, Hill, Johannes Eisele, Getty Images Farah, Andy Murray, Chris Hoy, Jason Kenny, Laura Kenny, Trott, Anthony Joshua, Italy’s Roberto Cammarelle, Liu Xiang, China's Yang Wei, Lluis Gene, Yang Wei, Du Li, Ilias Iliadis, Franck Fife, Iliadis, Thorpedo ’, Ian Thorpe, “ Thorpedo ”, Al Bello, Cathy Freeman, Freeman, John Howard, Michael Johnson, Shannon Miller, Dominique Moceanu, Dominique Dawes, Kerri Strug, Amy Chow, Amanda Borden, Jaycie Phelps, Johnson, Mike Powell, Strug, Shannon MacMillan, Tiffeny Organizations: Paris CNN —, Arizona State University, Fiji, Games, Japan, Tokyo, Germany, Olympics, Tokyo Games, London Olympics, “, Getty Images, Wimbledon, Beijing, Getty, Athens Olympics, Athens, Sydney Olympics, Atlanta Olympics, The USA, US, China, Shannon Locations: France, Tokyo, USA, China, Paris, Rio, Brazil, Brazilian, Hill, AFP, Beijing, Athens, Georgia, Greece, Sydney, Atlanta, Russia, Romania

☆ High performers at work get the worst feedback, and it's driving them to quit
▼ + stars: | 2024-08-01 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

High-performers and women aren't getting quality feedback in the workplace, and it could be driving them to quit. "As people are providing feedback for these high performers, they feel the need to provide more, but it is more often surface-level," Snyder tells CNBC Make It. Meanwhile, 30% of high performers leave their organization within their first year, according to Textio data. Women get more personality-based feedback and internalize negative reviewsThe Textio analysis also finds that there are gendered biases in what kind of feedback is delivered to men, women and nonbinary employees. Women and nonbinary employees were more likely to internalize negatively stereotyped feedback, such as being described as emotional, unlikable or difficult.

Persons: aren't, Kieran Snyder, Snyder Organizations: CNBC Locations: Textio

☆ ‘I’m really desperate now’: Temu sellers revolt against fines and withheld pay
▼ + stars: | 2024-08-01 | by ( Juliana Liu | ) edition.cnn.com time to read: +6 min

Hundreds of them staged a demonstration this week at an office affiliated with Temu in the southern Chinese city of Guangzhou. They were protesting what they called “unjust” fines levied by the company or withheld payment on goods already sold, among other complaints. Temu operates as an online store, carrying cut-price merchandise from self-employed sellers. Four sellers interviewed by CNN said the fines ranged from one to five times the wholesale price of the product. CNN has seen screenshots of the seller’s Temu account showing a total of just under two million yuan was ineligible for withdrawal.

Persons: Temu, “ I’m, ”, Shein, ” Temu, Abe Yousef, Goldman Sachs, Ivy Yang, “, Peng Organizations: Hong Kong CNN —, Temu, CNN, Super, Shein, Consumers Locations: China, Hong Kong, Guangzhou, Chinese, Thailand, Temu, “, United States, Latin America, East, Southeast Asia

It’s hard to be anonymous online in China. Websites and apps must verify users with their phone numbers, which are tied to personal identification numbers that all adults are assigned. Now it could get more difficult under a proposal by China’s internet regulators: The government wants to take over the job of verification from the companies and give people a single ID to use across the internet. The Ministry of Public Security and the Cyberspace Administration of China say the proposal is meant to protect privacy and prevent online fraud. A national internet ID would reduce “the excessive collection and retention of citizens’ personal information by internet platforms on the grounds of implementing real-name registration,” the regulators said.

Organizations: of Public Security, Cyberspace Administration, China Locations: China

☆ Why the gender pay gap has barely budged in decades, according to new Yale research
▼ + stars: | 2024-07-30 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

New research from Yale indicates that while the gender pay gap has been closing for decades, progress has nearly stalled since the mid-1990s — and women aren't benefiting from the incremental improvements. That's according to a working paper led by Jaime Arellano-Bover, a lecturer of economics at the Yale School of Management. However, by the late '90s and early 2000s, the pay gap among young workers stopped narrowing. Meanwhile, the research suggests that the retirement of older workers with wider gaps is the sole contributor to decreasing the gender pay gap overall. The study's findings challenge the assumptions that the narrowing gender pay gap is the result of better career opportunities for women, Arellano-Bover says.

Persons: Jaime Arellano, That's, Arellano, Bover, Rather Organizations: Yale, Yale School of Management, Census, National Women's Law, Arellano, Bover, CNBC

We've compiled a comprehensive guide on where to watch Emmy-nominated shows, including series from the outstanding drama and comedy categories. With Succession over and out of the running, the best drama series category has opened up for a new potential champion. Slow HorsesWhile Apple TV+ shows often fly under the radar, three programs snagged best series nominations across both drama and categories this year. 3 Body Problem received six nominations, including Outstanding Drama Series and five technical categories. Reservation DogsThe punchy and poignant Reservation Dogs finally picked up an Outstanding Comedy nomination in its third and final season.

Persons: it's, We've, Ted Lasso, Hulu, Max, Fflyn Edwards, Elizabeth Debicki, Rufus Kampa, Daniel Escale, Netflix's Queen Elizabeth II, Princess Diana's, Imelda Staunton, Walton Goggins, Downton, Carrie Coon, Christine Baranski, Reese Witherspoon, Jennifer Aniston's, Witherspoon, Aniston, Smith Donald Glover's, Smith ., Francesca Sloane, Glover, Maya Erskine, Erskine, James Clavell, Gary Oldman, Liu Cixin's, Quinta Brunson, Tyler James Williams, Gilles Mingasson Abbott, Jeremy Allen White, Ayo, Larry David's, David, Jean Smart, Hannah Einbinder, Steve Martin, Martin Short, Selena Gomez, Meryl Streep, Kristen Wiig's, Carol Burnett, Laura Dern, Ricky Martin, D'Pharaoh Woon, Matt Berry Organizations: Business, Netflix, Apple, The, Downton Abbey, Hulu, ABC, Abbott, FX Locations: Palm, York, America, Atlanta, British intelligence's, Philadelphia, Chicago, Vegas, Hulu, Beach, Oklahoma, California, Staten

☆ The 'most underrated skill’ for success, from a college dropout on track to earn $500,000 this year
▼ + stars: | 2024-07-29 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

Moses Lin says he'll never consider going back to college, despite being one semester shy of graduating with a bachelor's degree. "I knew that if I went to college and took a traditional route, I'd be hundreds of thousands in debt," he says. Lin started a YouTube channel during college, where he posted acoustic covers of pop songs, and began teaching guitar lessons for money. Now, after years of building his own business as a traveling wedding guitarist and investing his earnings into real estate, Lin, 31, is on track to make $500,000 this year. Lin taught himself everything when it comes to building his business as a wedding guitarist.

Persons: Moses Lin, he'll, Lin, I've Organizations: U.S . Marine Corps, Vanguard University of Southern, CNBC Locations: Vanguard University of Southern California, Ireland, Singapore, Dubai, U.S

☆ Singapore is considered one of the best-designed cities in the world. The man who masterminded it has 2 regrets.
▼ + stars: | 2024-07-26 | by ( Amanda Goh | ) www.businessinsider.com time to read: +9 min

Read previewTowering skyscrapers, candy-colored public housing apartment blocks, and lush green spaces — Singapore has long been recognized for its meticulous urban planning. AdvertisementCreating bicycle paths for the city"When I was in the HDB, I raised the issue of planning bicycle paths for citizens," Liu told Business Insider. Liu says he wishes he had developed bike sections for roads and incorporated bicycle paths into streets. Related storiesAdditionally, bicycle paths can boost local economies, as cyclists are more likely to stop at local businesses, he said. fiftymm99Indeed, Singapore's public housing apartments are home to about 80% of the country's resident population today.

Persons: —, Liu Thai Ker, who's, Liu, Thomas Schroepfer, Schroepfer, John Pratt, Rita Padawangi, Taro Hama Organizations: Service, Business, Morrow Architects, Planners, Housing Development Board, Urban Redevelopment Authority, The Straits Times, Singapore University of Technology, Design, Ministry of National Development, Keystone, Singapore University of Social Sciences Locations: Singapore, Copenhagen, Amsterdam, Singapore's, Sands, Ubin, Pulau Ubin, kamakura

☆ 31-year-old once played guitar for $3 in tips—now he brings in up to $70,000 a month between music and real estate
▼ + stars: | 2024-07-26 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

Lin pours earnings from his day job into real estate. Managing rental properties: 'It's so minimal that I don't even consider it work'The majority of Lin's $1 million net worth is tied up in real estate. He chose to buy in Little Rock, where real estate prices are lower and rent is stable, he says. Lin bought a portfolio of three houses in March 2023, then another building in February 2024. Real estate takes up a lot of Lin's time when he's actively searching for a new place to buy, or when he's dealing with tenant turnover.

Persons: Moses Lin, Lin, Lin customizes, Sophie Epton, influencers, he'll, I'm, — I'm, I've, It's, he's, who's, we're Organizations: CNBC Locations: Southern California, Little Rock , Arkansas, California, Italy, Lake Como, Milan, Ireland, Dubai, Singapore, Chicago , New York, Little Rock

☆ Stablecoins have 'great potential' to be a solution for cross-border payments, fintech firm says
▼ + stars: | 2024-07-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStablecoins have 'great potential' to be a solution for cross-border payments, fintech firm saysRita Liu, CEO of RD Technologies, discusses its participation in the stablecoin issuer sandbox launched by the Hong Kong Monetary Authority.

Persons: Rita Liu Organizations: RD Technologies, Hong Kong Monetary Authority

☆ French aerospace company sees surge in U.S. applicants after SpaceX relocation news: 'Come to Europe and we'll help you'
▼ + stars: | 2024-07-23 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Latitude, a French aerospace company based an hour outside Paris, is getting a surge of applications from American engineers after Elon Musk said he would relocate SpaceX headquarters from California to Texas. Those job seekers work at SpaceX, Blue Origin, Lockheed Martin, Tesla and other companies related to the aerospace industry, the spokesperson tells CNBC Make It. He says the message wasn't a takedown of Musk or SpaceX, which Maximin refers to as one of "the best engineering companies in the world." Rather, he says, "if you're not happy where you are, if you want different things, you can come to Europe, and we'll help you." "We have done it multiple times over," Maximin says, adding that his company has "the full support of French authorities" to make the relocation happen quickly.

Persons: Elon Musk, Lockheed Martin, Tesla, Musk, Stanislas Maximin, Rather, Joe Biden, Donald Trump, Maximin Organizations: Elon, SpaceX, Lockheed, CNBC, U.S Locations: French, Paris, California, Texas, U.S, Hawthorne , California, Starbase , Texas, Europe

CNN —At least 12 people have died and 31 others are missing after a bridge partially collapsed in China’s northern province of Shanxi, according to Chinese state broadcaster CCTV. Authorities said a portion of the bridge in Zhashui County in the city of Shangluo collapsed on Friday evening after recent rains and flash flooding. As of 12 p.m. local time (12 a.m. ET) Saturday, search and rescue operations were ongoing after 17 cars and 8 trucks fell into the river, state media reported. Parts of China have been grappling with devastating floods, just weeks after scarce rainfall and sweltering temperatures created drought conditions.

Persons: Xi Jinping Organizations: CNN, CCTV, Authorities, Reuters Locations: China’s, Shanxi, Zhashui County, Shangluo, China, Henan, Sichuan, Hanyuan County

☆ Elon Musk praises the first prime minister of Singapore as 'brilliant' in response to a glowing blog post about the country's airport
▼ + stars: | 2024-07-19 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Read previewElon Musk said that Singapore's first prime minister, touted as the country's founding father, was a "brilliant" man. Mack wrote about Lee's efforts in conceiving Singapore's Changi Airport, which has been named the world's best airport 12 times by London-based research firm Skytrax. Singapore's award-winning Changi Airport. John Seaton Callahan/Getty ImagesBefore Singapore's Changi Airport became operational in 1981, the island state had a small commercial airport located inland on the east side of Singapore, called Paya Lebar Airport. The country's largest public universities, National University of Singapore and Nanyang Technological University, ranked 8th and 15th, respectively, in the 2025 QS top universities rankings.

Persons: —, Elon Musk, George Mack, Lee Kuan, Mack, d1C60XIvNA — Elon, Musk, Lee, Singapore's, John Seaton Callahan, Skytrax, Martin Puddy, Liu Thai Ker, Jon Hicks, it's Organizations: Service, SpaceX, Business, Changi, Changi Airport, Singapore's Changi, Airport, Changi Airport's, Business Times, The New York Times, Financial, Singapore Crowds, Getty, National University of Singapore, Nanyang Technological University, QS, Cornell, Princeton, Yale Locations: London, Singapore, Paya, Changi, Southeast Asia, Malaysia, Asia, Hong Kong, Singapore's Orchard

☆ Britain's Labour faces an uphill battle as it looks to rein in AI's key players
▼ + stars: | 2024-07-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +8 min

By taking aim at the most powerful AI models, Labour would impose tighter restrictions on companies such as OpenAI, Microsoft , Google , Amazon , and AI startups including Anthropic, Cohere and Mistral. Matthew Houlihan, senior director of government affairs at Cisco, said any AI rules would need to be "centered on a thoughtful, risk-based approach." Even so, a U.K. AI law would be a step above the U.S., which currently doesn't have federal AI legislation of any kind. Sirion's Liu said one thing he's hoping the government doesn't do, is restrict open-source AI models. Herman Narula, CEO of metaverse venture builder Improbable, agreed that restricting open-source AI innovation would be a bad idea.

Persons: Keir Starmer's, King Charles III, doesn't, Starmer's, Matt Calkins, Appian, Lewis Liu, Liu, Rishi Sunak, Peter Kyle, Kyle, Zahra Bahrololoumi, Matthew Houlihan, Bill, Chris Holmes, Holmes, Matthew Holman, Cripps, Holman, Sirion's Liu, Herman Narula, Narula Organizations: Future Publishing, Labour, European Union, Microsoft, Google, CNBC, Conservative, BBC, AI Safety Institute, Cisco, Authority, EU, AI Safety, Tech, London Tech Week Locations: Jiangsu province, China, Ireland, Salesforce, U.S

☆ American couple left the U.S. for Mexico and lives on $3,000 per month: What they say is cheaper
▼ + stars: | 2024-07-15 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

When Jen Barnett and Brett Andrews started seriously thinking of leaving the U.S., they had a few parameters for their new home. "We say we have red state money — we don't have blue state money," Barnett, 52, tells CNBC Make It. In 2022, they visited Merida, the capital city of the Yucatan state in Mexico, and fell in love. They pay themselves a combined salary of $3,000 per month, "which is close to the average salary in Merida and covers our needs," Barnett says. Here's how some of the costs stack up between Alabama and Mexico.

Persons: Jen Barnett, Brett Andrews, Barnett, Andrews Organizations: U.S, CNBC Locations: Birmingham , Alabama, America, Merida, Yucatan, Mexico, Alabama

☆ This couple built a travel company for Americans who want to leave the U.S.—then they did it themselves
▼ + stars: | 2024-07-12 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

Barnett says the amount of research she and Andrews poured into their relocation project prompted them to start their own travel company, Expatsi, to help other Americans explore their options to move abroad. Launching a travel company for American expatsBarnett and Andrews went back to basics to figure out what city to live in. In March 2024, Barnett and Andrews led a group of 30 Americans around Portugal for 10 days and Spain for 12 on their inaugural Expatsi scouting trip. Americans who dream of moving abroad are getting help from travel companies like Expatsi, which offers scouting trips to international cities. So far, Expatsi travelers have mostly been women ranging in age from 22 to 80 with a cluster around 40 to 65, Barnett says.

Persons: Brett Andrews, Jen Barnett, Barnett, Andrews, expats Barnett, We've, Roe, Wade, Expatsi, Expatsi's, Joe Biden, Donald Trump Organizations: U.S ., U.S, Portugal, CNBC, Google Locations: Alabama, Mexico, Birmingham , Alabama, Canada, Vancouver, U.S, Cigna, Portugal, Spain, France, Italy

☆ China food safety scandal: Cooking oil carried in same trucks as fuel, report claims
▼ + stars: | 2024-07-10 | by ( Simone Mccarthy | Joyce Jiang | ) edition.cnn.com time to read: +9 min

Experts quoted in official media also discussed health hazards of the alleged practices. “Using chemical tankers for edible oils will inevitably result in residual contamination,” said Liu Shaowei, a food safety expert cited by CCTV. Several executives found to be responsible for the 2008 case were ultimately handed death sentences, and the tragedy drove deep mistrust of domestic products and food safety in China. Another case in 2022, also exposed by state media, showed how “dirty” pickled cabbage was supplied to popular instant noodle brands. Xi has repeatedly stressed the importance of food safety and the security of grain and food staple supplies.

Persons: Xi Jinping, –, ”, Liu Shaowei, Liu, ’, ‘, Xi, ” Xi, Yanzhong Huang, Huang, “ Organizations: Hong Kong CNN, Oil Group, Council, CCTV, ” Communist Party, Weibo, Monday, CNN, Food Safety, Foreign Relations Locations: China, Hong Kong, Beijing, Communist, New York

☆ The No. 1 country where expats are happy with their careers
▼ + stars: | 2024-07-10 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

Expats in Denmark are among the happiest with their work lives, according to the latest Expat Insider survey from InterNations, the online global community for people who've moved abroad. 1 for where people are most satisfied with their jobs, career opportunities and work-life balance, among other aspects. Denmark ranks highest for two groupings: work culture and satisfaction, as well as work and leisure. Some 84% of expats in Denmark are satisfied with their work-life balance, compared to a global average of 60%; a similar share are happy with their work hours and, on average, work 39.2 hours per week, compared with 42.5 hours for the global average. Many of these factors contribute to the fact that Denmark consistently ranks as one of the happiest countries in the world, according to the annual World Happiness Report.

Persons: who've, Denmark Saudi Arabia Belgium Netherlands Luxembourg United Arab Emirates Australia Mexico Indonesia Austria Ilana Buhl Organizations: Nordic, Denmark Saudi Arabia Belgium Netherlands Luxembourg United Arab Emirates, CNBC Locations: Denmark, InterNations, expats, Denmark Saudi Arabia Belgium Netherlands Luxembourg, Denmark Saudi Arabia Belgium Netherlands Luxembourg United Arab Emirates Australia Mexico Indonesia Austria, Texas, Copenhagen

Unionized workers at Samsung Electronics said Wednesday they would go on an indefinite strike, an escalation of a rare labor dispute that could disrupt the technology giant’s world-leading chip business. An estimated 6,500 workers walked off the job on Monday for a planned three-day strike over pay and working conditions. The Nationwide Samsung Electronics Union decided to extend the strike after “hearing no word” from the company, according to Lee Hyun Kuk, the vice president of the union, which represents 28,000 workers, or a fifth of the Samsung’s global work force. The union said it has been negotiating with Samsung since January over vacation days and wages. “As the strike goes on, the management’s blood will dry out and they will eventually come to the negotiating table on their knees,” the union said in a statement.

Persons: Lee Hyun Kuk Organizations: Samsung Electronics, Nationwide Samsung Electronics Union, Samsung, Taiwan Semiconductor Manufacturing Company

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