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☆ Richard Branson’s cruise line launches month-long cruise for remote workers
▼ + stars: | 2024-04-05 | by ( Mike Cappetta | ) www.cnbc.com time to read: +1 min

Virgin Voyages is targeting a new type of traveler: remote workers. In March, the Miami-based cruise line owned by Sir Richard Branson introduced a month-long cruise called the "Scarlet Summer Season Pass." It's essentially four week-long cruises packaged together to appeal to remote workers who want to spend a month at sea in southern Europe. That prompted Virgin Voyages to open additional spots for remote workers on a second cruise ship this summer. The "Season Pass" cruises will sail on Virgin's Scarlet Lady and Resilient Lady ships, each of which can accommodate around 2,700 guests.

Persons: Sir Richard Branson, It's, Nirmal Saverimuttu, Virgin Organizations: Voyages, CNBC Travel, Virgin Voyages, Cruises Locations: Miami, Europe, Cannes, Rome, Ibiza

☆ Gold holds above $2,100 near record high, focus on Powell testimony
▼ + stars: | 2024-03-06 | by ( ) www.cnbc.com time to read: +2 min

Gold prices held above the $2,100 level on Wednesday, near a record peak hit in the previous session as hopes for U.S. rates easing by mid-year mount, while traders awaited remarks on the economy's health from Federal Reserve Chair Jerome Powell. Gold prices held above the $2,100 level on Wednesday, near a record peak hit in the previous session as hopes for U.S. rates easing by mid-year mount, while traders awaited remarks on the economy's health from Federal Reserve Chair Jerome Powell. Spot gold edged down 0.1% at $2,126.13 per ounce, as of 0458 GMT. Spot prices hit a record peak of $2141.59 per ounce overnight on Tuesday, rallying for a fifth straight session. Spot platinum rose 0.4% to $884.16 per ounce, and palladium rose over 1% to $958.20, while silver dropped 0.3% to $23.63.

Persons: Jerome Powell, Ajay Kedia, Kunal Shah Organizations: Federal, Kedia Commodities, Traders, U.S, Nirmal, Commodities Locations: Mumbai, U.S

☆ Mount Everest is now a trash-filled, overcrowded tourist spot, says the last living member of Edmund Hillary's team
▼ + stars: | 2024-03-02 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +5 min

A 35-member team helped Edmund Hillary and his sherpa reach the top of Mount Everest in 1953. Kanchha told AP that Mount Everest is now "very dirty" and being disrespected by climbers. At 29,032 feet, Mount Everest is considered the highest point on Earth and attracts a plethora of tourists. Mount Everest remains one of the most popular tourist spots in the world, but it doesn't come without risks. More than 310 people have died climbing Mount Everest since explorations first launched in the 1900s.

Persons: Edmund Hillary, Kanchha, —, Kanchha Sherpa, Niranjan Shrestha, Tenzing, ROBIC UPADHAYAY, there's, Mount Everest, Sherpas, FVAZrnDSwI, Nirmal Purja, X Organizations: Mount, Kanchha, AP, Service, Associated Press, China News Service, Twitter, New York Times, Times Locations: Everest, Mount Everest, New Zealand, Mount

☆ Virgin Voyages raises $550 mln in Ares Management-led fundraise
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +1 min

The Virgin Voyages Scarlet Lady cruise liner sits docked at Dover Port in Dover, Britain, February 21, 2020. REUTERS/Simon Dawson Acquire Licensing RightsSept 8 (Reuters) - Virgin Voyages, the cruise brand from Richard Branson's Virgin Group, said on Friday it has raised $550 million in fresh capital to expand into new international markets. The funding was led by Ares Management (ARES.N) with participation from existing investors, including British conglomerate Virgin Group and venture capital firm Bain Capital. Launched at the end of 2021, Virgin Voyages operates three ships servicing the Caribbean and the Mediterranean. It plans to operate in Australia and New Zealand by the end of the year.

Persons: Simon Dawson, Richard Branson's, Tom McAlpin, Nirmal Saverimuttu, Manya Saini, Arun Koyyur Organizations: REUTERS, Richard Branson's Virgin Group, Ares Management, Virgin Group, Bain Capital, Virgin Voyages, Caribbean, Thomson Locations: Dover Port, Dover, Britain, British, Australia, New Zealand, Bengaluru

☆ Norwegian woman and Nepali guide set record for summit of 14 ‘super peaks’
▼ + stars: | 2023-07-27 | by ( Caolán Magee | ) edition.cnn.com time to read: +2 min

CNN —A Norwegian woman and a Nepali man smashed the record on Thursday for the fastest summit of all 14 of the world’s 8,000-metre (26,000-feet) mountains, their team said in a statement. The pair surpassed Nepal-born British adventurer Nirmal Purja’s record of six months and six days, set in 2019. Purja is now attempting to set the record for the fastest ascent of all 14 peaks without supplemental oxygen, he said on Twitter. Mount Everest, the tallest of the 14 highest peaks, issued permits for a record number of climbers this year, for this spring season’s expeditions. According to Nepali officials as the spring climbing season came to an end in June, 12 people died and five were missing on Everest.

Persons: Kristin Harila, Lama –, “, Nirmal Purja’s, Nirmal Purja, Mount Everest, Nirmal, ” Lama, Everest Organizations: CNN, Twitter Locations: Norwegian, Nepal, Purja, Mount

☆ Norwegian woman, Nepali sherpa become world's fastest to climb all 14 tallest peaks
▼ + stars: | 2023-07-27 | by ( Gopal Sharma | ) www.reuters.com time to read: +2 min

“They have become the fastest to climb all 14 peaks,” Tashi, told Reuters, quoting information from the base camp. Climbing all 14 highest peaks in a few months is a challenging feat, which is normally done by many climbers in years. They set the fastest climbing record by beating Nirmal Purja from Nepal who completed all peaks in six months and one week in 2019. "They have made a summit a short while ago," Madison told Reuters adding that the Norwegian woman was "extremely tough mentally and physically". One of the sherpas, the 17-year-old Nima Rinjin Sherpa, also becomes the youngest to climb K2, Tashi said.

Persons: Kristin Harila, Nepal’s Tenjen, Tashi Lakpa Sherpa, Tashi, Nirmal Purja, Cho Oyu, Nanga Parbat, Gasherbrum, Garrett Madison, Madison, Nima Rinjin Sherpa, Gopal Sharma, Michael Perry Organizations: Seven, Guinness, Madison Mountaineering, Reuters, Thomson Locations: KATHMANDU, Norwegian, Pakistan, Kathmandu, “, Nepal, Tibet, China, Annapurna, U.S

☆ Gold dips but set for weekly rise on Fed rate pause hopes
▼ + stars: | 2023-06-09 | by ( ) www.cnbc.com time to read: +1 min

Gold prices dipped on Friday after climbing more than 1% in the previous session, although hopes of a likely pause on interest rate hikes by the U.S. central bank kept bullion on track for a weekly gain. Spot gold fell 0.2% to $1,963.41 per ounce by 05:15 GMT, but headed for a 0.8% weekly rise. Focus now shifts to the U.S. consumer inflation report for May, due on June 13, ahead of the Fed meeting, which will provide investors more clarity about the health of the world's largest economy. Markets are pricing in a 76% chance of the Fed standing pat next week, after having raised at every meeting since March 2022. Platinum rose 0.3% higher to $1,013.53 and was set to post a weekly gain after two weeks.

Persons: Tim Waterer, Kunal Shah Organizations: U.S, U.S . Federal Reserve, KCM, Monetary Fund, U.S . Fed, Nirmal, Commodities Locations: U.S, Mumbai

Nepal CNN —A US climber has died on his way to scale Mount Everest on Monday, according to an expedition organizer. “Jonathan Sugarman died at Camp 2 after he began to feel unwell,” Pasang Sherpa told CNN on Tuesday. Spring is the most popular time to climb Mount Everest with most climbers aiming to ascend the peak in May. “The geography we can’t change… but we are trying to manage by adding multiple ropes,” Yubaraj Khatiwada, the director of Nepal’s Tourism Department, told CNN. Nepal is home to eight of the 10 highest mountains in the world, so mountaineering is a significant source of revenue for Sherpas, despite the risks associated with climbing Everest.

☆ Mount Everest climbing permits: Nepal issues record number for spring season
▼ + stars: | 2023-04-26 | by ( Sugam Pokharel | ) edition.cnn.com time to read: +2 min

CNN —Nepal has issued permits for a record 463 climbers so far for this spring season’s expeditions to Mount Everest even as experts worry about dangerous overcrowding at the summit. Spring is the prime time to climb Mount Everest, although some mountaineers might climb in the less favorable autumn season. Warnings of too many people on EverestMountaineers have warned of the dangers of overcrowding on Everest. “The geography we can’t change… but we are trying to manage by adding multiple ropes,” Khatiwada told CNN. Three Sherpas died earlier this month after being buried by a block of snow on Everest, according to the official.

BENGALURU, Dec 9 (Reuters) - Indian shares reversed early gains on Friday, dragged by information technology stocks, after HCL Technologies warned of a potential slowdown in client spending in the industry's key U.S. markets as recession fears weighed. read moreAll the top losers in the Nifty 50 index were information technology stocks, with HCL Tech, Infosys, Tech Mahindra, Wipro and TCS, leading the decline. Most of the other sectors, however, gained as an overnight slide in oil prices and the easing of China's COVID-19 curbs limited losses. The Nifty PSU (.NIFTYPSU) index rose over 1%, on course to advance for the seventh day in a row, if gains hold. Oil prices stabilised, but still hovered around 2022 lows, after slipping for the fifth day in a row on Thursday.

Members of media and Jammu and Kashmir government officials wait to enter a multi-screen cinema hall run by India's leading multiplex chain Inox before its inauguration in Srinagar September 20, 2022. "Even the Q3 releases, which happen to take place during the festive season, are somewhat muted and underwhelming in the response they are getting," film producer and trade analyst Girish Johar said. In the first quarter, Inox reported a 29% occupancy rate, while PVR said its rate was 33.6% in the same period. The two chains are set to merge in an all-stock deal and become the country's largest exhibition company with 1,546 screens across 109 cities. And we have some major challenges with the content in Q2," Inox Chief Executive Alok Tandon said in an earnings call on Wednesday.

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