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India’s half-hour zone dates back to colonial rule of India and the era when ever-faster steamships and trains were shrinking the world. The start of the 20th century saw some push from scientific associations to calibrate India’s time to GMT. That recommendation was rejected by the colonial government, which opted for a unified time that sat squarely in the middle: five and a half hours ahead of GMT. In 2015, North Korea moved out of sync with South Korea by creating “Pyongyang Time,” putting the country eight and a half hours ahead of GMT instead of nine. India’s colonial-era time zone decision making, however, reflected a chorus of political, scientific and commercial voices both from within the government and outside of it, Gordon says.
Persons: Hulton, , Geoff Gordon, Gordon, , it’s, Wong Maye, Hugo Chávez, Nicolas Maduro, Terry Gilliam, Rube Goldberg, Maulik Jagnani, Jagnani Organizations: CNN, East India Company, Hulton Deutsch, University of Amsterdam, Madras, Washington D.C, Greenwich Meridian, Greenwich Observatory, Meridian, Royal Society, Prime Meridian, Physical Laboratory, Tufts University, NPL Locations: New York, London, Tokyo, Iran, Myanmar, Australia, India, British, Madras, Chennai, , Bombay, Kolkata, Washington, London ., Greenwich, North Korea, South Korea, Korea, Pyongyang, Brazil, , Greenwich , London, China, Assam, Arunachal Pradesh, Gujarat
His class of 43 students pass around mini hand-held fans during lessons on most days to keep cool. More than 33 million children were impacted as a result of the heatwave, according to groups like Save the Children and UNICEF. The worst hit were poor children in rural areas whose families couldn’t afford devices like laptops and tablets to facilitate remote learning, UNICEF says. “We don’t allow children outside when temperatures get too hot,” said Bong Samreth, who teaches at a public school in Phnom Penh. Loose, lightweight and light colored clothing was also advised for students to protect them from sunburns and heat exposure.
Persons: Seila, , , , Sheldon Yett, ” Yett, Bong Samreth, Ezra Acayan, Benjo Basas, Basas, Mirasol, Hang Chuon Naron, Ferdinand Marcos Jr, Chaideer Mahyuddin, it’s, Joy Reyes Organizations: Hong Kong CNN, CNN, Children, UNICEF, UN, , Volunteers, Getty, Governments Locations: Hong Kong, Cambodia, Phnom Penh, South, Southeast Asia, Bangladesh, Philippines, Tondo, Manila, Pangasinan, Philippine, Banda Aceh, Indonesia, AFP
Her evidence on Tuesday was deeply embarrassing for Trump and drew an aggressive cross-examination from his attorney trying to shatter Daniels’ credibility. Merchan also instructed Trump’s attorney, Todd Blanche, to rein in his client after complaining that the defendant had cursed audibly and shaken his head during Daniels’ testimony. So far, Trump — who has launched searing attacks on the judge — has managed to refrain from openly attacking Daniels since she took the stand. And her appearance is only an appetizer for expected explosive evidence in the coming days of the biggest star witness, Trump’s former lawyer and fixer Michael Cohen. The coming days will therefore require qualities that Trump has always struggled to demonstrate in a riotous life in business and politics: restraint and self-discipline.
Persons: Donald Trump, Stormy Daniels, Trump, Daniels, Judge Juan Merchan, Merchan, Todd Blanche, , Michael Cohen, Cohen, he’d, ” Daniels, Sarah Matthews, CNN’s Jim Acosta, , He’s, ” Matthews, Matthews, ” Trump, he’s, Arthur Engoron, Engoron, Trump’s, Jean Carroll Organizations: CNN, Trump, Trump —, White, Trump White House, Prosecutors, Trump Organization Locations: Florida, Lake Tahoe, misbehave
CNN —A court in Iran has sentenced acclaimed movie director Mohammad Rasoulof to eight years in prison and flogging for national security crimes, his lawyer said on Wednesday. The writer-director’s latest work, “The Seed of the Sacred Fig” is due to premiere at the Cannes Film Festival in France next week. According to Paknia, some also alleged they were asked by officials to tell Rasoulof to withdraw the film from the festival. “Once again, the judiciary’s verdict against Mohammad Rasoulof proved that the law is only a playground for stubbornness and revenge in the legal system contaminated by government jurisprudence,” it said. “Independent and freedom-loving cinematographers condemn the invalid judgment of the judiciary against Mohammad Rasoulof and stand by him and all the artists who make fun of government censorship.”
Persons: CNN —, Mohammad Rasoulof, Babak Paknia, Paknia, Rasoulof, , HRW, Organizations: CNN, Cannes, Cannes Film, Human Rights Watch, Association Locations: Iran, France, Cannes
Oil rises on U.S. crude storage draw, Fed rate cut hopes
  + stars: | 2024-05-09 | by ( ) www.cnbc.com   time to read: +1 min
An oil pump jack at the New Harmony Oil Field in Grayville, Illinois, US, on Sunday, June 19, 2022. Oil prices rose in early trade on Thursday as shrinking U.S. crude inventories signaled tighter supply, and amid rising hopes that the Federal Reserve would cut interest rates by the end of the year. Crude inventories dropped last week by 1.4 million barrels to 459.5 million barrels, according to the Energy Information Administration, more than analysts' expectations in a Reuters poll for a 1.1 million-barrel draw as refinery activity increased. Increasing expectations that the U.S. central bank will cut interest rates by year end after weaker-than-expected U.S. jobs data also boosted oil prices. Lower interest rates can increase spending on crude oil.
Organizations: New Harmony Oil, Federal Reserve, Brent, . West Texas, Energy Information Administration, EIA Locations: Grayville , Illinois, U.S, Gaza, Israel
CNN —Denver Nuggets star center Nikola Jokić was named the NBA’s Most Valuable Player on Wednesday, marking the third time he has been awarded the honor in four seasons. Jokić becomes the ninth player in NBA history to win the award at least three times. He thanked his teammates and coaches when asked about his thoughts on his string of MVP awards. “Without them, I am nothing,” Jokić told NBA on TNT. Nuggets head coach Michael Malone lauded Jokić in February after the player racked up a league-leading 15th triple-double of the season.
Persons: Nikola Jokić, Jokić, Luka Doncic, Shai Gilgeous, Alexander, ” Jokić, , Michael Malone, , he’s, ” Malone, ” Jokic Organizations: CNN, Denver Nuggets, Serbian, Nuggets, Western Conference, Dallas Mavericks, Oklahoma City Thunder, , NBA, TNT, Minnesota Timberwolves
All-inclusive hotels are making a big play for luxury travelers. In the wake of the pandemic, demand for all-inclusive resorts skyrocketed, according to a report by JLL Research Hotels & Hospitality. It was then that travelers discovered that the all-inclusive resorts of the past — known for bottom-shelf booze and quantity-over-quality dining — had changed. The numbers are even higher in Mexico, where upper upscale and luxury all-inclusive resorts accounted for more than half (55%) of its all-inclusive resorts in 2022. "In addition to elements that you receive by booking an all-inclusive resort, private and additional amenities help to elevate that experience."
Persons: Travelers —, Karina Arguello, Kelly Connor, they're, Saint Vincent, Cooper Organizations: JLL Research, Hospitality, Travelers, Marriott, Hilton, Westin, Casino, Med, AAA Club Alliance, Royal Locations: Dominican Republic, Mexico, JLL, DoubleTree, Maldives, Mauritius, Italy, France, Tignes, Caribbean, New Jersey, Grenadines, Royal Curacao, They're
CNN —Miss Teen USA resigned Wednesday, sending further shock waves through the pageant community just days after Miss USA said she would relinquish her crown. In an Instagram post Wednesday, Miss Teen USA UmaSofia Srivastava said her “personal values no longer fully align with the direction of the organization.”“After months of grappling with this decision, I have made the choice to resign from the title of Miss Teen USA 2023,” wrote Srivastava in a statement on her personal account. Srivastava and the Miss Universe and Miss USA organizations did not immediately respond to CNN’s requests for comment. Voigt recently resigned from her Miss USA title. On Monday, Noelia Voigt stepped down from her Miss USA title, citing her mental health.
Persons: Miss Teen USA UmaSofia Srivastava, ” “, , Srivastava, , Noelia Voigt, Voigt, Hector Vivas, Claudia Michelle, Michelle Organizations: CNN, Miss Teen USA, Miss USA, Miss Teen, New Jersey, National Honor Society, Miss, 72nd Miss, El, Miss USA Organization, USA Locations: New, Miss USA, El Salvador, Venezuelan American, Utah, United States
Yaorusheng | Moment | Getty ImagesAsia-Pacific markets were mixed ahead of China's April trade data, as well as pay statistics from Japan. Economists polled by Reuters are expecting a 1.5% rise in China's exports, a reversal from the 7.5% fall in March. Imports are also expected to grow 4.8% year-on-year in April, compared with a 1.9% fall in March. Separately, investors will assess pay statistics from Japan as they look for any signs of the "virtuous cycle" of increasing wages and prices envisioned by the Bank of Japan. Futures for Hong Kong's Hang Seng index stood at 18,277, pointing to a weaker open compared to the HSI's close of 18,313.86.
Persons: Korea's Kospi Organizations: Reuters, Bank of Japan, Japan's Nikkei Locations: Shanghai, Asia, Pacific, Japan
At 3 a.m. one day last December, a 78-year-old volunteer for the British Conservative Party was reportedly woken by a call from Mark Menzies, the Conservative lawmaker she worked for. The volunteer, a former campaign manager for Mr. Menzies, paid the sum out of her own savings. Mr. Menzies, who was suspended from the party last month, denies that allegation and others, which include using £14,000 from party funds for personal medical bills. Yet the affair epitomizes a Conservative Party in crisis. Lord Salisbury, Stanley Baldwin, Winston Churchill and Margaret Thatcher led the Conservative Party for more or less 15 years.
Persons: Mark Menzies, , Menzies, Rishi Sunak, Mr, Sunak, Lord Salisbury, Stanley Baldwin, Winston Churchill, Margaret Thatcher, Organizations: British Conservative Party, Conservative, Conservative Party, Tories, Conservatives, Labour Party, Tory Locations: England, Wales
Tokyo CNN —A major Japanese food supplier has recalled more than 100,000 packs of a popular brand of sliced white bread after rat parts were found inside some loaves. They were found in a batch of white “chojuku” bread — or super fermented bread, known for its extra chewy texture — manufactured by a factory based in western Tokyo prefecture, according to the company. White bread is a staple for many Japanese people when they feel like a Western-style meal, or “yoshoku,” as an alternative to traditional Japanese food. Founded in 1920, Pasco is a major supplier of baked goods that employs more than 3,700 staff at 12 factories across the country. The 15-second commercial, released months ago, features a family excitingly declaring their love of good toast as breakfast, accompanied by a voice-over saying: “We put nothing unnecessary in it.”“⁠I love chojuku bread.
Persons: Warabeya Nichiyo, Organizations: Tokyo CNN, Pasco Shikishima Corporation, CNN, Kobayashi Pharmaceutical, Warabeya, Reuters Locations: Pasco, , Tokyo, Japan, Saitama
Read previewWhen Airbnb started, CEO Brian Chesky said its tagline "was a cheap, affordable alternative to a hotel" — but customers aren't finding it so cheap anymore. Customers have complained on social media about the rising cost of Airbnb due to booking costs and cleaning fees. Advertisement"A year and a half ago, we noticed that, you know, there was a lot of concern about Airbnb prices increasing," Chesky said. According to the CEO, two million hosts now use the compare listing. Chesky also said Airbnb started offering monthly and weekly discounts for guests with longer stays.
Persons: , Airbnb, Brian Chesky, you've, Chesky, it's Organizations: Service, Business
Variegated tulips planted in flower beds opposite the Bank of England in the City of London on 7th May 2024 in London, United Kingdom. =LONDON — The Bank of England is set to hold interest rates steady at its Thursday meeting, with traders expected to pore over the details of Governor Andrew Bailey's statement as anticipation builds for a potential summer rate cut. The BOE's Monetary Policy Committee is widely expected to keep the Bank Rate at 5.25%, with an announcement due at midday. The latest March meeting saw eight votes to keep rates steady and one to cut. It's going to reach target pretty soon, and that will put the Bank under a lot of pressure to start normalizing policy."
Persons: Andrew Bailey's, Bailey, Francesco Garzarelli, Garzarelli, CNBC's, There's Organizations: Bank of England, Eisler Capital, Bank Locations: City of London, London, United Kingdom
Dollar holds its ground as key inflation data looms
  + stars: | 2024-05-09 | by ( ) www.cnbc.com   time to read: +2 min
U.S. one hundred dollar bills are being shown in this picture illustration taken in Buenos Aires, Argentina, on Dec. 15, 2023. Against the Japanese yen, the dollar slowly inched up after it fell more than 3% last week, its biggest weekly percentage drop since early December 2022. Japan's top currency diplomat Masato Kanda on Thursday reiterated a warning that Tokyo is ready to take action in the currency market. The dollar index rose to 0.05% to 105.55, while the Japanese yen was mostly flat at 155.59 per greenback. The BOE is likely to take another step towards its first interest rate cut in four years as inflation falls.
Persons: Masafumi Yamamoto, Masato Kanda, Susan Collins, Sterling, BOE, bitcoin Organizations: Federal Reserve, Bank of, Mizuho Securities, Traders, PPI, Fed Bank of Boston, European Central Bank Locations: Buenos Aires, Argentina, Japan, U.S, United States, Tokyo,
Will McDonough, CEO of merchant bank Corestone Capital, says he has "not seen this level of interest and conversation on copper." "Any population growth or industrial growth leads to growth in copper demand. And with the whole battery and electrification movement, there is going to be so much demand for lithium and copper that the company can benefit from," the investment manager said. Copper futures Aside from stocks, McDonough suggests buying copper futures as a good way to play the opportunities in the copper market and the rising demand for the metal. "I think that the price of copper is way under-appreciated.
Persons: Will McDonough, McDonough, SQM Organizations: CNBC Pro, New York Stock Exchange, Sociedad, Minera de Chile SA, BHP Locations: Minera, Chilean
Donna Kelce says she and her ex-husband Ed decided to stay married until their sons finished college. Both parents still regularly attend their sons' NFL games, sometimes with Taylor Swift. AdvertisementDonna Kelce, 71, says she and ex-husband Ed decided to divorce only after their sons Jason and Travis Kelce graduated from college. AdvertisementThe Kelce family lived in Cleveland Heights, Ohio, and both Jason and Travis went on to study and play football at the University of Cincinnati. Even though they have been separated for some time, both parents still regularly attend their sons' NFL games.
Persons: Donna Kelce, Ed, Kelce, Martha Stewart, Taylor Swift, , Jason, Travis Kelce, Travis, Sofía Vergara, Joe Manganiello, Kevin Costner, Christine Baumgartner, Reese Witherspoon, Jim Toth, Gwyneth Paltrow, Alex Kapp Organizations: NFL, Service, University of Cincinnati, Philadelphia Eagles, Kansas City Chiefs, Bowling Green State University's National, for Family Locations: Cleveland Heights , Ohio
The bill, if enacted, imitates the Russian approach of using prisoners to fuel its war efforts. AdvertisementLawmakers in Ukraine passed a bill on Wednesday that would allow the country's military to recruit prisoners to fight on the battlefield. The bill, which has yet to be signed into law by Ukrainian President Volodymyr Zelenskyy, will allow Ukraine to mimic the Russian tactic of drafting convicts for their war effort. Related storiesBut while Russia hasn't imposed many restrictions on which prisoners they conscript, the Ukrainian bill is a lot more particular on who gets selected. The passing of the bill comes at a precarious time for Ukraine, which has to reckon with what US officials are calling a reinvigorated Russian army.
Persons: , Volodymyr Zelenskyy, Vsevolod Vukolov, Russia hasn't, Shulyak, Christopher Cavoli, didn't Organizations: Service, Lawmakers, Russian, Kommersant, Washington Post, Pravda, US, Armed, BI Locations: Russia, Ukraine, Russian
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDavid Roche: The Japanese aren't aiming for a particularly strong yenDavid Roche, president and global strategist at Independent Strategy, says they're aiming for a "relatively stable" yen.
Persons: David Roche Organizations: Independent
Russian President Vladimir Putin watches a military parade on Victory Day, which marks the 77th anniversary of the victory over Nazi Germany in World War Two, in Red Square in central Moscow, Russia May 9, 2022. Mikhail Metzel | Sputnik | ReutersRussia kicked off its 79th "Victory Day" military parade on Thursday as the war with Ukraine rumbles on into a third year. Russian paratroopers march during the Victory Day Red Square Parade on May 9, 2023 in Moscow, Russia. He said participants in the "special military operation" — code for the Russian war against Ukraine — are also marching this year. The Yars ballistic missiles take part in a rehearsal of the Victory Day parade in Moscow, Russia, May 7, 2022.
Persons: Vladimir Putin, Mikhail Metzel, Suvorov, Sergei Shoigu, Ukraine —, Bai Xueqi, Alexander Lukashenko, Anatolii STEPANOV, ANATOLII STEPANOV, Stepanov Organizations: Nazi, Sputnik, Reuters, Kremlin, Getty, Youth Army, Russian Defense, Ukraine, Russian Air, Xinhua News Agency, West, NATO, Afp Locations: Nazi Germany, Red, Moscow, Russia, Reuters Russia, Ukraine, Belarus, Kazakhstan, Tajikistan, Turkmenistan, Cuba, North Korea, Iran, China, Kostyantynivka, Donetsk, AFP
A Guide to Eurovision 2024
  + stars: | 2024-05-09 | by ( Elisabeth Vincentelli | ) www.nytimes.com   time to read: +1 min
A Croatian techno-rocker named Baby Lasagna strutting onto TV screens worldwide? It must be time for the Eurovision Song Contest. Since 1956, Eurovision has been pitting countries against each other in a fierce battle of over-the-top pop music, outlandish costumes and go-for-broke stagings. Fans of minimalism should abstain, because at Eurovision, even a modest ballad can be performed with wind machines, fur-lined capes or musicians playing upside down in a gigantic hamster wheel. The combined broadcasts are wildly popular: Last year, they reached 162 million people around the world.
Persons: Lasagna, Organizations: Eurovision Locations: Croatian, United States, Sweden
Cancer rates in people under 45 have surged over the past two decades, researchers found. AdvertisementNew evidence shows how sharply colon cancer rates are skyrocketing in people younger than 45. A team of researchers led by Dr. Islam Mohamed, a physician at the University of Missouri-Kansas City, analyzed CDC data on colon cancer incidence in Americans aged 10 to 44 over two decades. They found that cases have more than tripled in teenagers and more than doubled for people in their early 20s. This story is available exclusively to Business Insider subscribers.
Persons: , Dr, Islam Mohamed Organizations: Service, University of Missouri, Kansas City, Business Locations: Kansas
Tesla cut over 3,400 North American job postings down to just three. Tesla's official careers page and LinkedIn showed different results. AdvertisementIf Tesla is your dream company, you'll have to compete for one of just three listed US jobs. On Wednesday, the electric vehicle maker cut over 3,400 job postings in North America to just three. The now-axed roles, which were mostly in California, Texas, and Nevada, were listed on Tesla's official careers page as recently as Tuesday, according to a Quartz analysis of archived pages.
Persons: Tesla, Tesla's, Organizations: Service, Business Locations: American, North America, California , Texas, Nevada
BEIJING — Chinese electric car company Nio said Thursday it will launch its lower-priced brand called Onvo on May 15. The announcement comes amid a price war in China's highly competitive electric car market that's forced Tesla to cut prices. Nio said the first Onvo model, the L60, will be a "family-centric smart BEV priced around RMB 250,000, in the same segment as Tesla Model Y." Nio delivered 15,620 electric cars in April, up from 11,866 cars the prior month. The company sells cars to Europe, but didn't specify whether Onvo would be available outside China.
Persons: Nio, Tesla, BEV, William Li, Onvo, Le Organizations: Tesla, CNBC Locations: BEIJING, Europe, China
European markets are heading for a higher open Thursday, maintaining positive momentum in a busy week of earnings. Ferrovial, Telefonica, EDP, Enel, Pirelli and Salvatore Ferragamo are all due to report today. Elsewhere, the Bank of England is set to publish its latest interest rate decision Thursday. China stocks rose overnight as its imports surged past estimates and exports rose in line with expectations, while the broader Asia-Pacific market was mixed. Meanwhile, futures linked to the Dow Jones Industrial Average hovered near the flatline Wednesday evening after the 30-stock index posted its sixth consecutive winning day.
Persons: Salvatore Ferragamo, it's Organizations: Ferrovial, Telefonica, EDP, Enel, Pirelli, Bank of England, Dow Jones Locations: China, Asia, Pacific
Could Trump's next courtroom outburst or gag-violating Truth Social post really be the final straw that gets him locked up on contempt of court? "You get more due process" when you commit an act of contempt outside the courtroom, Levine said. "It's when the judge calls the court officers and tells them to surround the defendant so that he doesn't try to walk out of the courtroom." AdvertisementBut Trump already has at least two court officers standing behind him at all times in Merchan's courtroom, for his own protection. Reality will instead set in when the judge gives what's usually the final instruction to the court officers, "Take charge," Galluzzo said.
Persons: Trump, , audibly, Stormy Daniels, Donald Trump, misbehaving, Trump's, Juan Merchan, Arthur Aidala, Harvey Weinstein, Weinstein, Aidala, Arnold Levine, Levine, heckles Daniels, Matthew Galluzzo, Galluzzo, Daniel Scott, who's, Scott, Joe Schmoe, Daniels Organizations: Service, , New, Trump, Legal Aid Society of New York, Defense Task Force, Secret Service Locations: ,, Manhattan, Merchan's, Merchan, Trump
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