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☆ India election: Modi’s Muslim remarks spark ‘hate speech’ accusations as mammoth vote deepens divides
▼ + stars: | 2024-04-22 | by ( Rhea Mogul | ) edition.cnn.com time to read: +12 min

CNN —India’s Prime Minister Narendra Modi has been accused of delivering Islamophobic remarks during an election rally Sunday, triggering widespread anger from prominent Muslims and members of the opposition. India's Prime Minister Narendra Modi speaking during a rally in Sydney, Australia, on May 23, 2023. Kalpit Bhachech/Getty Images Narendra Modi, then BJP secretary is welcomed at Ahmedabad Railway Station by the party's followers on January 31, 1992. Kalpit Bhachech/Dipam Bhachech/Getty Images Narendra Modi pictured in India on January 23, 1998. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023.

Persons: CNN —, Narendra Modi, Islamophobic, Modi’s, Modi, ”, ” Modi, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Rana Ayyub, Asaduddin Owaisi, “ Modi, Mallikarjun Kharge Organizations: CNN, CNN — India’s, Bharatiya Janata Party, BJP, Indian National Congress, of India, India's, New York Times, Rashtriya Swayamsevak Sangh, Getty, Modi, Hospital, Narendra, India Today, AP, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Sangh, Hindu, “, Hate Locations: Rajasthan, Sydney, Australia, Gujarat, India, Ahmedabad, Ahmadabad, Varanasi, New Delhi, United States, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Uttar Pradesh, Abu Dhabi, United Arab, BJP, “

☆ In India’s 2024 election, BJP’s main opposition appears increasingly weak in face of Modi juggernaut
▼ + stars: | 2024-04-20 | by ( Helen Regan | Rhea Mogul | ) edition.cnn.com time to read: +21 min

Supporters of India's opposition party, Indian National Congress, during an election rally in Puducherry on April 15, 2024 R. Satish Babu/AFP/Getty ImagesDemocracy under threat? Dipam Bhachech/Hulton Archive/Getty Images Modi worked his way through the ranks of the BJP, establishing himself as a respected politician. Tobias Schwarz/AFP/Getty Images Modi hugs French President Emmanuel Macron after a ceremony at the Arc de Triomphe in Paris, on June 3, 2017. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023. Pedro Ugarte/AFP/Getty Images Modi offers a toast during a State Dinner with President Joe Biden at the White House in Washington, on June 22, 2023.

Persons: ”, Narendra Modi, Mallikarjun Kharge, Indira Gandhi, Gandhi, ” Hazari Lal Rajput, Satish Babu, Modi, Modi’s, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Arati Jerath, “, it’s, Rahul Gandhi, Rajiv Gandhi, Indira, India’s, Jawaharlal Nehru, gunning, ” Modi, shouldn’t, Mohammad Irfan, —, Arvind Kejriwal, Altaf Qadri, Kejriwal, Atishi, you’re, Jerath, Gandhi ‘, ’ Modi, Christophe Jaffrelot, CNN Modi, Rasheed Kidwai, Rahul, Diptendu Dutta, Mamata Banerjee, Muthuvel Karunanidhi Stalin, ” Kidwai, ” Jerath Organizations: CNN, Bharatiya Janata Party, BJP, Indian National Congress, Getty, Democracy, Modi’s BJP, Pew, New York Times, Rashtriya Swayamsevak Sangh, Modi, Hospital, Narendra, India Today, AP, India's, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Developmental Inclusive Alliance, Indian, Aadmi Party, Delhi, AAP, Aam Aadmi Party, All, Trinamool, West, All India, Congress, “, “ Democracy Locations: India, Uttar Pradesh, Ramlila, Puducherry, Modi’s, Sydney, Australia, Gujarat, Ahmedabad, Ahmadabad, Varanasi, New Delhi, United States, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Abu Dhabi, United Arab, INDIA, Delhi, India’s, Lok Sabha, Atishi, ”, Manipur, Siliguri, West Bengal, Tamil

☆ A woman called Swastika got an apology from Uber after it banned her because of her name
▼ + stars: | 2024-04-19 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +2 min

Swastika Chandra had her Uber account banned because of her name. Uber eventually apologized to the Australian woman and reinstated her account. AdvertisementAn Australian woman was banned from using Uber after the company deemed her first name to be offensive. The company also faced backlash last year after the owner of a Palestinian restaurant in Toronto said Uber Eats had suddenly labeled his restaurant as Israeli. Uber Eats previously told Business Insider that the "unintentional" issue had been fixed.

Persons: Chandra, Uber, she's, —, Adolf Hitler, Hitler Organizations: Service, Hindu, of Australia, New South, ACA Locations: Asia, Fiji, New South Wales, Toronto

☆ Tesla's awful 2024 is getting much worse
▼ + stars: | 2024-04-17 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Tech: A "social walkie-talkie" app is the newest thing tech insiders are excited about . Tesla's awful 2024 got much worse this week when the company cut 10% of its workforce , and a major executive resigned after 18 years at the EV maker. AdvertisementSlaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BIIn the meantime, Tesla's stock keeps falling. Even worse, people who are in the market for EVs aren't necessarily interested in Teslas .

Persons: —, NASA's Chandra, Tesla, we've, Elon Musk, Steve Granitz, Scott Olson, Jia Feng, Graham, Elon Musk's, robotaxis, Slaven, Chelsea Jia Feng, Tesla's, Musk, Andy Sieg, Merrill Lynch, Abanti Chowdhury, who's, Piper Sandler, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Tech, Adobe Stock, The New York Times, EVs, Teslas, Trump, SWANSON, Apple, Microsoft, BI, CNBC, Economy Summit Locations: Chelsea, China, Teslas ., States, New York, London

☆ Check out stunning photos from the $2 billion space telescope that captures the invisible universe — and that NASA plans to defund
▼ + stars: | 2024-04-16 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +1 min

NASA's Chandra X-ray Observatory faces budget cuts that may end its mission. Photos show how the space telescope has beautifully captured the invisible universe for 25 years. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOne of NASA's top space telescopes may be facing an untimely end due to budget cuts. The Chandra X-ray Observatory has been orbiting Earth for 25 years, peering at the universe in X-ray light that's invisible to the human eye.

Persons: NASA's Chandra, Chandra, Webb, — Organizations: Hubble, Service, Business

Our Electoral College maps below lay out the best scenarios for him and Mr. Trump. In a Wall Street Journal battleground poll taken in March, Mr. Biden had only 37 percent job approval in the state. … orand The second and harder path for Mr. Trump would be if he carried only one Southern swing state – most likely North Carolina. By carrying these states, Mr. Biden has several paths to 270, but the first three scenarios are his most viable. Scenario 4 They involve Mr. Biden winning Georgia and Arizona … They involve Mr. Biden winningand Scenario 5 … or Michigan and Georgia.

Persons: Biden, Akshita Chandra, Yuji Sakai, Joe Biden, Donald Trump, Trump, Biden’s, Court’s, … orand, Hamas’s, Mr, …, —, Bill Clinton’s, Doug Sosnik, Bill Clinton Organizations: Presidency, Trump, New York Times, Electoral, Wisconsin –, Sun, Siena, Black, The Arizona, Michigan, Mr, North Carolina, Republicans, Georgia, Democrats, Congressional District, Michigan …, Wisconsin, Democratic, House Locations: Arizona, – Michigan, Pennsylvania, Wisconsin, Georgia, Nevada, North Carolina, Mich, Pa, Nev, N.C, Ariz . Ga, Wis, Ariz ., Michigan, Arizona , Michigan, Arizona , Nevada, Israel, Gaza, Nebraska, Minnesota, United States, Michigan , Pennsylvania

☆ Narendra Modi: India’s popular but controversial leader seeking a transformative third term
▼ + stars: | 2024-04-15 | by ( Rhea Mogul | ) edition.cnn.com time to read: +26 min

Varanasi and New Delhi CNN —Indian Prime Minister Narendra Modi once famously made a simple election promise: “good days are coming”. India's Prime Minister Narendra Modi addresses his supporters during an election campaign rally in Pushkar on April 6, 2024. India's Prime Minister Narendra Modi speaking during a rally in Sydney, Australia, on May 23, 2023. Kalpit Bhachech/Getty Images Narendra Modi, then BJP secretary is welcomed at Ahmedabad Railway Station by the party's followers on January 31, 1992. Brent Lewin/Bloomberg/Getty Images India's Prime Minister Narendra Modi addresses Congress at the US Capitol in Washington, DC, on June 22, 2023.

Persons: Narendra Modi, Modi, Himanshu Sharma, Getty Images Modi, –, ”, Saba Naqvi, “, Vajpayee, Naqvi, Dileep Patel, John Mees, Akash Jaiswal, “ We’ve, ” Jaiswal, isn’t, Matthew Abbott, Hiraben, Damodardas, Dipam Bhachech, Lal Krishna Advani, Subhas Chandra Bose, Kalpit Bhachech, Kalpit, Negi Yasbant, Amit Dave, Ajit Solanki, Kevin Frayer, Saurabh Das, AP Modi, Manish Swarup, Lucas Jackson, Barack Obama, Adrien Helou, Reuters Modi, Adnan Abidi, Stringer, Mark Zuckerberg, David Paul Morris, Marco Longari, Angela Merkel, Tobias Schwarz, Emmanuel Macron, Charles Platiau, Saudi Arabia's Crown Prince Mohammed bin Salman, India's, Jair Bolsonaro, Vladimir Putin, Xi Jinping, Amit Shah, Money Sharma, Boris Johnson, Phil Noble, Anthony Albanese, Brent Lewin, Pedro Ugarte, Joe Biden, Doug Mills, Paul Mashatile, Jacoline, Imtiyaz Khan, Amr Alfiky, Patel, India’s, Jawaharlal Nehru, Indira Gandhi, Rajiv, Rahul Gandhi, Nilanjan Mukhopadhyay, “ Narendra Modi, ” Mukhopadhyay, Mukhopadhyay, ” Modi, Keshav Baliram, “ Modi, BJP Modi, Lord Ram, ” Naqvi, Critics, Christophe Jaffrelot, Karan Thapar, ” Jaffrelot, Modi’s, it’s, —, Raj, India Narendra Modi, Kenny Hoston, Ram, ” Raniva, That’s Organizations: New Delhi CNN, Indian, Bharatiya Janata Party, BJP, India's, Getty Images, Pew, CNN, World Health Organization, New York Times, Rashtriya Swayamsevak Sangh, Getty, Modi, Hospital, Narendra, India Today, Indian National Congress, AP, Madison, Garden, Reuters, Washington , D.C, French National Space Agency, of Yoga, Meta, Facebook, Bloomberg, European, Saudi Arabia's Crown, Rashtrapati Bhavan, Kyodo, British, Summit, Qudos Bank, White, Anadolu Agency, Anadolu, United, United Arab Emirates, Cambridge, today’s Congress Party, Harvard, The Times, Muslim, Australia Locations: Varanasi, New Delhi, Gujarat, Pushkar, India, “ India, United States, Brazil, “, Sydney, Australia, Ahmedabad, Ahmadabad, Washington, Washington ,, Toulouse, France, Xian, AFP, Menlo Park , California, U.S, Pretoria, South Africa, China, Berlin, Paris, Rashtrapati, Russian, Brasilia, Glasgow, Red, Ayodhya, Uttar Pradesh, Abu Dhabi, United Arab, Oxford, Vadnagar, Babri, Kadi, Kashmir, United Kingdom, Russia, Ukraine, Israel, Ghaziabad, Meerut, Jama

☆ India stares at high youth unemployment as hiring in its behemoth IT sector slows
▼ + stars: | 2024-04-04 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +1 min

India is facing a youth unemployment problem as a decline in white-collar jobs in its information technology sector has left many fresh graduates and young people unemployed. In the October to December period last year, unemployment in India's youth aged 20 to 24 years rose to 44.49%, from 43.65% in the previous quarter. Unemployment among 25- to 29-year-olds rose to 14.33% during the same period from 13.35% in the prior quarter, according to the Centre for Monitoring Indian Economy. "One of the largest segments that employ white-collar employees is IT and services, and hiring in the sector has slowed down quite a bit," he told CNBC. Data from Foundit showed that online hiring for both IT hardware and software sections plummeted by 18% last year from 2022.

Persons: We've, Chandra Garisa, Foundit, Garisa Organizations: Centre, Monitoring, CNBC Locations: India

☆ How Microsoft Azure Arc Brings Cloud Solutions to Hybrid Environments
▼ + stars: | 2024-04-03 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

That's why Microsoft is committed to meeting customers wherever they are, with adaptive solutions that bring their data together from the ground to the cloud, with Azure Arc. As of 2023, World Bank had connected about 25% of its SQL Server estate to Azure Arc. Today, World Bank and Microsoft are working together on additional functional elements to improve optimization of Azure Arc. "We've already seen how Azure Arc can make us more efficient and reduce our operating costs. "We've already seen how Azure Arc can make us more efficient and reduce our operating costs.

Persons: it's, Chandra Kala Macha, Kala Macha, It's, We've Organizations: Microsoft, Bank, World Bank, IT, Intel, Technology, QuickAssist, Arc, Insider Studios

☆ Gwyneth Paltrow shares her easy-to-replicate longevity tips
▼ + stars: | 2024-03-16 | by ( Joi-Marie Mckenzie | Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . DispatchThe mania over Trader Joe's mini tote bags and Stanley cups is indicative of just how fast today's consumer fads can come and go. Instead, it's (checks notes) a $2.99 Trader Joe's miniature tote that has shoppers in a frenzy. Trader Joe's played into a scarcity model too, forcing consumers to scramble to find them.

Persons: —, they've, Stanley, Chanel, Gucci, We've, Emily Stewart, They're, Joe's, TJ's, they'll, Gwyneth Paltrow, She's, Taylor, Rebecca Zisser, Gwyneth Paltrow preps, Fiona Chandra, Jenny Chang, Rodriguez, Duff Goldman, Esther Horvath, Getty, Claudia Totir, Elena Veselova, Tyler Le, Duff, Goldman, Jennifer Aniston, Lindsay Lohan, Taylor Swift, Chandra Wilson, Max, it's, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Business, Service, Dior, tote, Stanley, wilatlak, Chandra Wilson ABC, Disney, Netflix, Nickelodeon Locations: Africa, South Africa, Tanzania, California, wilatlak villette, Getty, Toom, Kirkland, New York

☆ I went on a budget and a luxury safari in Africa. Here's how they compare — and the one thing you really need to look for when booking.
▼ + stars: | 2024-03-14 | by ( Fiona Chandra | ) www.businessinsider.com time to read: +1 min

My big takeaway is that it's really worth paying to be inside a private reserve. Still, it was a wonderful experience, and if I had more money, I may feel differently. But again, as far as the safari experience goes, the private reserve is hard to beat. And if luxurious lodges are out of the question, private reserves can also be visited more affordably. Some lodges inside private reserves, like Shindzela or Rhino River Lodge, can cost around $250 per person per night.

Persons: Fiona Chandra, hadn't, I'm Organizations: Rhino Locations: Africa, Taasa

☆ The Juggernaut promised to revolutionize South Asian news. But insiders say the company's founder misled investors, struggled to raise money, and left workers 'heartbroken.'
▼ + stars: | 2024-03-05 | by ( Katie Warren | ) www.businessinsider.com time to read: +33 min

They were gathered for the inaugural summit of The Juggernaut, a digital South Asian news startup that launched in 2019. The Juggernaut spokesperson told BI that "multiple employees have equity in the company," but BI was unable to identify any such employees. "Twenty years ago, you might've struggled to mention a South Asian actor that you've seen in a movie," he said. As of January, the site had about 10,500 subscribers, Sur told investors in an email viewed by BI. Some feel that the publication has strayed from its mission of delivering "untold, smart South Asian stories and news you won't find anywhere else."

Persons: —, Richa Moorjani, Manish Chandra, Anish Melwani, Sadiq Khan, Amitav Ghosh, Roy Rochlin, Jay Bhattacharya, didn't, Sur, Padma Lakshmi, Moorjani, Mira Nair, Oprah Winfrey, she'd, who've, Josh Benson, Bhattacharya, might've, you've, Dev Patel, Priyanka Chopra, Black millennials, Bhattacharya's, Adam Hansmann, Kevin Lin, Albert Ni, Charles Hudson, Steve Jennings, Sur's, Kyle Stanford, Axios, Stanford, Snigdha, Winfrey, MICHAEL TRAN, hadn't, wouldn't, Fariha Róisín, Meghna Rao, Róisín, Rao, Rao didn't, they'd, she's, it's, Hudson, who'd, Reetu Gupta, Aditi Shah, Sean Gupta, Steven Simione, would've, we're, Brian Morrissey, Morrissey, cofounders, Narendra Modi's, Sneha Mehta Organizations: Spring Studios, Netflix, Business, New Yorker, Harvard Business School, Guardian, American, Old Town Media, Athletic, BI, Indian, Yale, McKinsey, Precursor Ventures, Forbes, Getty, TechCrunch, YouTube's Sustainability, YouTube, Paramount Pictures Studios, Immigration Services, Stanford, Digiday, Gannett Locations: York City, chai, Jean's, hasn't, Sur, New York City, South, Asian, India, Madhya Pradesh, Queens, Sur texted, Indian American, AFP, Róisín, Los Angeles , California, South Asia, Silicon

☆ Astronomers used JWST to finally solve a 37-year mystery over one of the brightest cosmic explosions ever seen in modern history
▼ + stars: | 2024-02-22 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +5 min

A neutron star is the collapsed core of a supergiant star that's gone supernova. Pulsar neutron stars, like the one astronomers believe SN 1987A left behind, emit pulses of X-rays. AdvertisementStudying SN 1987A has deepened astronomers' understanding of supernovae and the role they play in our ever-evolving universe. Before JWST, astronomers lacked a telescope powerful enough to observe the compact object that SN 1987A left behind. Advertisement"We interpreted this as being conclusive evidence that the emission lines we were seeing were the result of radiation from the neutron center," Kavanagh said.

Persons: What's, James Webb, David Malin AAT, Patrick Kavanagh, Everest, hadn't, Kavanagh, SN1987A, Chandra, ALMA, JWST, J, Larsson, Claes Fransson, P.J . Kavanagh, " Kavanagh Organizations: Business, Science, Maynooth University, American Association for, Advancement of Science, NASA, Wikimedia, SN, Hubble, ESA, Stockholm University

☆ Singapore's AI ambitions get a boost with $740 million investment plan
▼ + stars: | 2024-02-19 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

The Singapore River and Merlion Park in the eveningSINGAPORE — Singapore's plan to invest more than $743 million into artificial intelligence over the next five years could strengthen its position as a global business and innovation hub, tech executives said. In his Budget speech on Friday, Deputy Prime Minister Lawrence Wong said Singapore will invest more than 1 billion Singapore dollars over the next five years to further boost the country's AI capabilities. As part of the investment, Singapore will work to ensure it can secure access to the advanced chips "that are so crucial to AI development and deployment," Wong said. Singapore will also work with leading companies here and around the world to set up AI centers of excellence to spur innovation, he added. Singapore workers are already the world's fastest when it comes to adopting AI skills, according to LinkedIn's Future of Work report released in August.

Persons: Lawrence Wong, Nithin Chandra, Chandra, Wong, Jonathon Dixon, Mao Gen Foo Locations: Singapore, SINGAPORE, Southeast Asia, Kearney, Cloudflare

☆ China's housing bust is happening at 'a historically rapid pace' only seen in the worst collapses of the last 3 decades
▼ + stars: | 2024-02-07 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Most pressing, however, is its real estate trouble, which the International Monetary Fund characterized as a historic bust matching levels only seen in the worst collapses of the last three decades. AdvertisementYears of overreliance on real estate as an engine of the economy has led to a buildup of risks, the researchers said. Now, Beijing must clean up distressed developers like Evergrande and Country Garden, support falling real estate prices, and figure out how to put the sector on a more sustainable path. The collapse has transpired at "a historically rapid pace only seen in the largest housing busts in cross-country experience in the last three decades," researchers said. "Large public subsidies in the previous decade helped millions of people move to newer housing from older buildings lacking modern amenities.

Persons: Henry Hoyle, Sonali Jain, Chandra, homebuyers Organizations: International Monetary, Business, Housing, IMF Locations: Beijing, China

☆ IMF expects new housing demand in China to drop by around 50% in the next decade
▼ + stars: | 2024-02-02 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Nurphoto | Nurphoto | Getty ImagesBEIJING — Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster the country's overall growth. China's real estate sector and related industries have accounted for about a quarter of the country's gross domestic product. Zhang said China's housing demand would remain large, and policy support would gradually kick in. "Therefore, a significant decline in housing demand is very unlikely to happen," he said. The IMF report compared housing demand and new starts from the 2012 to 2021 period with estimates for 2024 to 2033.

Persons: Zhengxin Zhang, Zhang, Evergrande, Sonali Jain, Chandra, Nir Klein Organizations: Nurphoto, Getty, International Monetary Fund's, IMF, U.S ., People's Bank of China Locations: Huai'an, China, BEIJING, Beijing, Evergrande, Hong Kong, Asia, Pacific

☆ Indonesia Leader Accused of Bias, Interference in Presidential Election
▼ + stars: | 2024-02-01 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +3 min

In Indonesia, sitting presidents are allowed to campaign for candidates provided they do not use state resources and take official leave to do so, but incumbents have typically remained neutral. The furore has prompted Jokowi to repeatedly clarify his stance and even show reporters print-outs of the election law to clear his name. "Some of our campaign activities were indeed cancelled or not permitted by various local governments...and non-governmental entities, which likely were influenced by those in power," said Ade Chandra, a campaign spokesperson for rival presidential candidate Anies Baswedan. State rice handouts have allegedly included Prabowo campaign stickers, prompting complaints from rivals, according to media. Discontent with Jokowi's actions is also extending to his cabinet, from which chief security minister Mahfud MD, who is a vice presidential candidate on a rival ticket, has said he will resign soon.

Persons: Kate Lamb, Stanley Widianto, Joko Widodo, Prabowo Subianto, Prabowo, Jokowi, Ade Chandra, Anies Baswedan, Mahfud, Kanupriya Kapoor, Raju Gopalakrishnan Organizations: Defence, Prabowo, Gadjah Mada University Locations: Stanley Widianto JAKARTA, Indonesia, alma, Gadjah Mada

☆ Zee founder family to eventually lift stake to 26%, according to reports
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: +1 min

Logos of Zee Entertainment Enterprises Ltd. displayed on computer screens arranged in Mumbai, India, on Tuesday, Jan. 9, 2024. Zee Entertainment founder Subhash Chandra's family will eventually lift their stake in the media house to 26% from 4% currently, Mint reported on Monday, days after a merger with Sony 's India unit collapsed. "I have advised my immediate and extended family to increase their shareholding in Zee... We eventually want to go back to 26%, but it will take time," Chandra told Mint, a business daily, in an interview. Chandra, who set up Zee in 1992 and is often dubbed the "Father of Indian Television", is now chairman emeritus at Zee. Chandra, who is Goenka's father, told Mint "Punit is the right person to run the company and there is no problem with Zee."

Persons: Subhash Chandra's, Zee, Chandra, Punit Goenka, Goenka, Mukesh Ambani's Organizations: Zee Entertainment Enterprises, Zee, Sony Group Corp, Zee Entertainment, Mint, Sony, Indian, Walt Disney, India Locations: Mumbai, India, Zee .

☆ Religious Spectacle to Mark Opening of Ram Temple by India's Modi
▼ + stars: | 2024-01-20 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +4 min

It is also being seen as the virtual launch of the deeply religious strongman Modi’s re-election campaign for general elections due by May. India's majority Hindus say the site is the birthplace of Lord Ram, and was holy to them long before Muslim Mughals razed a temple at the spot and built the Babri Masjid or mosque there in 1528. Some of India’s top business leaders, movie actors and sportspersons have also been invited for the consecration, organisers said. The inauguration has also sparked a political controversy with major opposition parties, including the main opposition Congress, declining invitations to attend saying it had been converted into a political, Modi event. “The construction of the temple is going on as per the direction of the Supreme Court, so we welcome it.

Persons: Saurabh Sharma, Rajesh AYODHYA, Lord Ram, Narendra Modi, Modi’s, Modi, ” Modi, “, ”, Prithvi Datta Chandra Shobhi, Zufar Ahmad Faruqi, Shivam Patel, YP Rajesh, Raju Gopalakrishnan Organizations: Bharatiya Janata Party, BJP, Supreme Court, Krea University, Islamic, Foundation, YP Locations: India, Ayodhya

CHARLOTTE, N.C. (AP) — Jimmie Johnson and crew chief Chad Knaus, who teamed up to win a record-tying seven Cup championships, were inducted into the NASCAR Hall of Fame on Friday night. Johnson won 83 Cup races — tied for sixth most in NASCAR history — in the Hendrick Motorsports No. Knaus, now the vice president of competition for Hendrick, was suspended for two of Johnson’s wins, including a Daytona 500 victory. Allison, who won 10 Cup races, was voted in on the Pioneer ballot. He becomes the final member of the Alabama Gang to be inducted into the Hall of Fame, joining brother Bobby Allison and Red Farmer.

Persons: CHARLOTTE, — Jimmie Johnson, Chad Knaus, Donnie Allison, Janet Guthrie, Johnson, —, Knaus, Chandra Janway, Janway, Allison, Bobby Allison, Red Farmer, Guthrie, Cale Yarborough Organizations: NASCAR, of Fame, Alabama, Charlotte Convention Center, Indianapolis, Hendrick, Chevrolet, Daytona, Dover, Martinsville, Charlotte, Texas, Indianapolis Motor, Hall of Fame, Alabama Gang Locations: N.C, Charlotte, London

☆ NASA's James Webb Space Telescope broke its own record to discover the oldest black hole yet, but it has astronomers even more confused about the beginning of the universe
▼ + stars: | 2024-01-17 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

Read previewThe James Webb Space Telescope has discovered the oldest black hole ever detected, breaking its own record. It's about 40 million years older than the record-breaking black hole Webb also discovered and announced in November. AdvertisementA cosmic clue in this black hole's outsized appetiteA disk of hot gas swirls around a feeding black hole in this illustration. AdvertisementPeering at the early universe with Webb "is like upgrading from Galileo's telescope to a modern telescope overnight," Maiolino said. He added that his team hopes to search for smaller "seeds" of black holes with future Webb observing time.

Persons: —, James Webb, Webb, Nick Risinger, JWST, Chandra, Daniel Holz, Roberto Maiolino, Maiolino Organizations: Service, Business, ESA, Hubble, Sky Survey, NASA, CSA, University of Chicago, New York Times, University of Cambridge, JPL, Caltech

“The Bear” had a bearish night indeed, fully dominating the comedy category in its first season, winning the top prize and three acting awards. And the chaotic, darkly humorous “Beef” was the other big victor, winning best limited series, with leads Steven Yeun and Ali Wong becoming the first Asian Americans to win in their categories. Oliver tried to test the new system after winning best scripted variety show: “I’m not leaving without being played off by Anthony Anderson’s mom. You said maybe, if I win!”A BIG BEAR HUG, ER, KISSCould “The Bear” replicate its success from the Golden Globes? Yes, chef, with Jeremy Allen White and Ayo Edebiri winning for best actor and best supporting actress in a comedy, and Ebon Moss-Bachrach winning a supporting actor award.

Persons: Cousin Greg, ”, Roy, Steven Yeun, Ali Wong, Quinta Brunson, “ Abbott, ” “, Ally McBeal ”, Natasha Lyonne, Tracee Ellis Ross, Lucy ”, John Oliver beseeching, Sarah Snook, Kieran Culkin, Anthony Anderson, Mom Doris, . Anderson, Jo Koy, Anderson wasn’t, Anderson, Mister Rogers, ” Anderson, Jesus, Doris Bowman, Bowman, “, Jennifer Coolidge, Oliver, Anthony Anderson’s, Bracco, Michael Imperioli, “ Ally McBeal ”, Ellen Pompeo, Katherine Heigl, Chandra Wilson, Sandra Oh, –, Ted Danson, Kelsey Grammer, Rhea Perlman, John Ratzenberger, George Wendt, Norm, Rob Reiner, Sally Struthers, “ Martin ”, Matthew Macfadyen, Wamsbgans, Snook, ” Nicholas Braun, ” Snook, Shiv Roy, ” Kieran Culkin, Jeremy Allen White, Ayo Edebiri, Ebon Moss, Bachrach, Moss, Matty Matheson, Matheson, BURNETT, Carol Burnett, Christina Applegate, Burnett, ” Applegate, Brunson, Abbott, Isabel Sanford, Norman, —, Martin Luther King Jr, Edebiri, Niecy Nash, Betts, “ Dahmer, Jeffrey Dahmer, Nash, “ I’m, Glenda Cleveland, Sandra Bland, Breonna Taylor Organizations: “, Golden Globes, Liverpool football, HBO, Globes, WIN, WHO, Netflix Locations: Philadelphia

☆ Katherine Heigl walked the Emmy Awards red carpet for the first time in 10 years — See her red-carpet style then and now.
▼ + stars: | 2024-01-16 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Katherine Heigl attended the 2024 Emmy Awards on Monday. On Monday, Heigl walked the 75th annual Primetime Emmy Awards red carpet in a strapless red gown by Reem Acra. Katherine Heigl at the 2024 Emmy Awards on January 15, 2024. At the time, Heigl wore a vintage John Hayles dress with Louboutin heels and a matching clutch designed by Oroton, per People. Katherine Heigl at the 2014 Emmy Awards in August.

Persons: Katherine Heigl, It's, Heigl, Reem Acra, —, Michael Buckner, John Hayles, Heigl wasn't, Justin Chambers, Ellen Pompeo, James Pickens Jr, Chandra Wilson, Grey's, I'm, Shonda Rhimes, Pompeo, Chambers, Bevy Smith, Scott Garfield Organizations: Service, Oroton, Fairchild, Disney, Entertainment

☆ Trucking firm XPO to buy bankrupt Yellow's service centers for $870 mln
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +2 min

Yellow Corp. trailers sit idle at a YRC shipping facility in North Reading, Massachusetts, U.S., August 16, 2023. REUTERS/Brian Snyder/File Photo Acquire Licensing RightsDec 5 (Reuters) - Trucking company XPO Inc (XPO.N) won a bid to buy 28 service centers of bankrupt Yellow Corp for $870 million in a closely watched auction of the nearly 100-year-old firm's assets. Yellow, formerly known as YRC, filed for Chapter 11 bankruptcy protection in August after blaming the International Brotherhood of Teamsters union for its demise. The U.S. Bankruptcy Court in Delaware will hold a hearing on Dec. 12 to approve the bids. Yellow's bankruptcy process was closely watched after its demise potentially saddled U.S. taxpayers with losses stemming from a government rescue.

Persons: Brian Snyder, XPO, Jonathan Chappell, XPO's, Aishwarya Jain, Pooja Desai, Krishna Chandra Organizations: Yellow Corp, REUTERS, Trucking, XPO Inc, International Brotherhood of Teamsters, Walmart, Evercore ISI, Estes Express Lines, Swift Transportation Holdings, U.S, Bankruptcy, Thomson Locations: North Reading , Massachusetts, U.S, North America, Delaware

☆ Hawaiian Airlines' parent surges on $1.9 bln buyout deal with Alaska Air
▼ + stars: | 2023-12-04 | by ( Ananta Agarwal | ) www.reuters.com time to read: +2 min

Hawaiian Airlines airplanes sit idle on the runway at the Daniel K. Inouye International Airport due to the business downturn caused by the coronavirus disease (COVID-19) in Honolulu, Hawaii, U.S. April 28, 2020. REUTERS/Marco Garcia/File Photo Acquire Licensing RightsDec 4 (Reuters) - Shares of Hawaiian Holdings (HA.O), the parent of Hawaiian Airlines, nearly tripled on Monday after Alaska Air Group (ALK.N) agreed to acquire it for $1.9 billion, including debt. Hawaiian Holdings hasn't reported an adjusted profit in three yearsAlaska and Hawaiian said on Sunday the deal, valued at $929.4 million on an equity basis, will expand their networks and offer more choices to passengers. The deal will enable Alaska to grow in the lucrative Asia Pacific market, while Hawaiian customers can travel non-stop to the U.S. mainland, Becker added. Shares of Seattle-based Alaska Air were down 17.6%.

Persons: Daniel K, Marco Garcia, TD Cowen, Helane Becker, Becker, Craig Jenks, Biden, Ananta Agarwal, Shivansh, Krishna Chandra Eluri Organizations: Airlines, Inouye, REUTERS, Hawaiian Holdings, Hawaiian Airlines, Alaska Air Group, Airbus, Alaska Air, Holdings, Sunday, Asia, Airline, Aircraft, U.S . Justice, JetBlue, Spirit Airlines, Thomson Locations: Honolulu , Hawaii, U.S, Maui, Alaska, Asia Pacific, New York, premarket, Seattle, Bengaluru

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