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Yearly Archives: 2024

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Some Indonesians fear being left behind by energy transition: Report

EnergyBy CT Event AsiaJanuary 26, 2024

JAKARTA: Some Indonesians are concerned that the energy transition will affect their livelihoods, particularly those who rely on the fossil fuel sector. Around 13 per cent of Indonesians, living in South Sumatra, West Java and East Kalimantan, have opted not to support the energy transition, according to a survey by consulting firm Markdata and climate…

IBM shares soar to more than 10-year high on rosy AI outlook

TechnologyBy CT Event AsiaJanuary 26, 2024

NEW YORK (Reuters) -IBM shares jumped nearly 13% to a more than 10-year high on Thursday after the company reported a better-than-expected revenue outlook backed by strong demand for its artificial intelligence (AI) services. Orders from IBM’s generative AI business, which includes bookings and sales from services such as those powered by its Watsonx AI…

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