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☆ CNBC's Inside India newsletter: Will AI make or break India?
▼ + stars: | 2024-05-02 | by ( Ganesh Rao | ) www.cnbc.com time to read: +9 min

But one that could foreshadow India's growth story. Can Teleperformance's stock plunge be the canary in the coal mine for what is likely to happen to India because of AI? But it's likely to be a blip for India's growth trajectory, given the macro forces at play. Besides creating jobs that are less likely to be immediately disrupted by AI, India could also be a net beneficiary of artificial intelligence. The Indian stock market indexes, Sensex and Nifty 50 , are heading for a positive week again — up by 1% and 1.2%, respectively.

Persons: Findlay Kember, Klarna, ChatGPT, K Krithivasan, Krithivasan, Narendra Modi, It's, Shilan Shah, Goldman Sachs, Vinay Dwivedi, Ashok Gulati, Nomura, League Pickleball, Karine Jean, Pierre, Jerome Powell, Raghuram Rajan, Ashish Jain, CNBC's Ayushi Jindal Organizations: AFP, Getty, India's Tata Consultancy Services, Financial Times, TCS, World Bank, International Monetary Fund, University of Oxford, Capital Economics, Investment, Nomura, Qualcomm, Powerchip Semiconductor Manufacturing, UPI, India, Commission, Agricultural, United Pickleball Association, Global Sports, PPA, League, Washington Post, White, U.S ., Federal, CNBC, Reserve Bank of India, University of Chicago Booth School of Business Locations: Swedish, Paris, India, Chennai, U.S, Europe, China, Singapore, South Korea, Canada, United States

☆ India's high unemployment is a 'ticking bomb,' opposition says as election battle with Modi's BJP heats up
▼ + stars: | 2024-04-23 | by ( Vinay Dwivedi | ) www.cnbc.com time to read: +4 min

India's unorganized sector, which is made up of millions of small businesses that are privately owned, make up about 93% of the country's total workforce. As many as 32% of the respondents said increasing unemployment was the key reason why they would not elect the BJP again. India's Labour Ministry did not immediately respond to CNBC's queries pertaining to the country's unemployment situation. Rajan, who was speaking about how to make India an advanced economy at the George Washington University, said: "Unemployment numbers are high, disguised unemployment is even higher. A slowdown in hiring in India's huge information technology sector is also to blame for the lack of well-paying, white-collar jobs.

Persons: Rahul Gandhi, Narendra Modi, Modi, Gandhi, —, Manmohan Singh, Arun Kumar, Lokniti, joblessness, Kumar, Raghuram Rajan, Rajan Organizations: DELHI, International Labour Organisation, Institute of Human, Goods, Services Tax, Jawahar Lal Nehru, CNBC, ILO, Bharatiya Janata Party, Indian National Congress, BJP, Modi, India's Labour Ministry, Former Reserve Bank of India, George Washington University, Labor Locations: India, Bihar, New Delhi

☆ Stocks can continue to outperform even if rates stay high, says Fundstrat's Tom Lee
▼ + stars: | 2024-04-18 | 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 EmailStocks can continue to outperform even if rates stay high, says Fundstrat's Tom LeeRaghuram Rajan, former governor of India's central bank and professor at University of Chicago Booth School of Business, and Tom Lee, co-founder and head of research at Fundstrat, join CNBC's 'Power Lunch' to discuss the Fed's inflation dilemma, China's economic recovery, and more.

Persons: Tom Lee Raghuram Rajan, Tom Lee Organizations: University of Chicago Booth School of Business Locations: India's

☆ How India is challenging China as Asia's tech powerhouse
▼ + stars: | 2024-04-05 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +30 min

New Delhi has sought to woo foreign tech companies and has been increasingly successful, with giants like Apple increasing their presence in the country. Tom Chitty: For years China has been Asia's tech powerhouse where the world's electronics and some of the biggest companies on the planet are located. And I think India is in the very early stages, to put it quite bluntly, of trying to do that. Tom Chitty: India have got an election this year as well, which is going to be interesting to see what happens there. You know, India has aligned itself slightly more to the countries that are currently a bit more anti-China, shall we say?

Persons: Tom Chitty, Arjun Kharpal, It's, Let's, I'm, Arjun, You'll, We're, we've, what's, gunning, Narendra Modi, it's, Tom, Modi, Trump, Apple, COVID, there's, Taiwan's, that's, Karen Tso, China's, Tim Cook, Raghuram Rajan, We've, feasibly, India's, let's, he's, you've, we'll, I've, We'll Organizations: Apple, CNBC, China, India's, Foxconn, Micron, Tata Electronics, Taiwan's Powerchip Semiconductor Manufacturing Corp, Reserve Bank of India, CCP, Samsung, Bain, India, London Locations: China, Tencent, Asia, India, Delhi, Washington, Beijing, American, COVID, U.S, Brazil, Vietnam, Indonesia, Thailand, Taiwan, South Korea, Bangalore, Goa, Kolkata, Mumbai, Europe, Silicon, New York, Germany

☆ Jane Goodall’s 90th birthday marked with stunning images by 90 female photographers
▼ + stars: | 2024-04-04 | by ( Amarachi Orie | ) edition.cnn.com time to read: +3 min

Rolex’s Perpetual Planet initiative has partnered with CNN to drive awareness and education around key sustainability issues and to inspire positive action. CNN —Renowned primatologist Jane Goodall turned 90 on Wednesday—and to mark the occasion, 90 female photographers have put their work up for sale for 90 days. The Jane Goodall Foundation, which works to protect chimpanzees and their habitat, will receive 60% of the proceeds. “Jane Goodall did more than just redefine our understanding of the relationship between humans and animals; she shattered barriers and opened doors for women everywhere,” she added. The British animal behaviorist is known for her enduring and exceptionally detailed research on the chimpanzees of Gombe Stream National Park.

Persons: Jane Goodall, Jane Goodall’s, Ami Vitale, “ Jane Goodall, Jody MacDonald, Tui De Roy, Tamara Dean, Rajan, Goodall, ” Goodall, “ Organizations: CNN, Jane Goodall Foundation, National Geographic, Vital Locations: Hope, Tanzania’s Gombe, Gombe

☆ Ukraine's Patriot kills of Russian planes and missiles have turned a US air-defense weapon with a troubled past into a hero
▼ + stars: | 2024-03-23 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +16 min

Ukraine's use of the US-made Patriot system has been celebrated. A mixed pastThe MIM-104 Patriot missile system is a ground-based, mobile surface-to-air missile battery that can down crewed and uncrewed aircraft, cruise missiles, and short-range and tactical ballistic missiles. AdvertisementNone of Ukraine's Patriot missile systems have been confirmed destroyed, though there have been Russian claims, but the system has been involved in confirmed kills of Russian aircraft and missiles. "We were again, very much surprised by what we see now, what the effectiveness of the Patriot system seems to be," he said. The problem with Patriot missiles for Ukraine mirrors its main obstacle in trying to fight Russia: A critical shortage of supplies and ammunition.

Persons: —, Frederik Mertens, Justin Bronk, Mertens, Joe Raedle, Bronk, Timothy Wright, Nathan White, Mick Ryan, Gilles BASSIGNAC, Houthi, Wright, Jeffrey Lewis, Tom Karako, ANDREW CABALLERO, REYNOLDS, Ryan, Karako, it's, BI's Jake Epstein, Rajan Menon, Volodymyr Zelenskyy, Ukraine Bronk, Jan Kallberg, Ukraine Oleksandr Gusev Organizations: Service, Patriots, Patriot, U.S . Army Security, Hague, Strategic Studies, Royal United Services Institute, Iraq's, US Army, Raytheon, Iraqi, International Institute for Strategic Studies, Australian Army, Getty Images, Middlebury Institute of International Studies, Missile Defense, Center for Strategic, International Studies, Airforce, Getty, Defense, NATO, Emergency Service, Centre for, Kyiv, Pentagon Locations: Ukraine, Russia, United States, Iraq, Iraqi, Saudi Arabia, Getty Images Saudi Arabia, Yemen, Monterey, Prince, Al, Kyiv, Russian, UAE

☆ Opinion | Putin Has Already Lost
▼ + stars: | 2024-02-22 | by ( Rajan Menon | ) www.nytimes.com time to read: +2 min

As the second anniversary of Russia’s invasion of Ukraine approaches, it has become a commonplace that time favors President Vladimir Putin. For Mr. Putin, more concerned by Ukraine than any other country that arose from the wreckage of the Soviet Union, that alone is tantamount to defeat. If the fundamental purpose of Mr. Putin’s war was to keep Ukraine within Russia’s orbit — politically, culturally and economically — it has had the opposite effect. Ukraine’s leaders and citizens, particularly those from younger generations, have decided that their future lies with the West, not Russia. Everywhere you go, Ukrainians speak Western languages, particularly English, in seemingly ever greater numbers.

Persons: Vladimir Putin, Moscow —, Carl von Clausewitz, Putin Organizations: Ukraine Locations: Ukraine, Russia, Moscow, Soviet Union, subordinating

☆ Ukraine says it shot down 2 more Russian fighter jets — extending its streak to 6 in just 3 days
▼ + stars: | 2024-02-19 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Ukraine said it destroyed two Russian fighter jets on Monday morning. AdvertisementUkraine said it destroyed two more Russian fighter jets on Monday, bringing its claimed tally to six jets shot down in just three days. Ukraine's air force is outclassed by Russia's air power, with far fewer planes and much older models. Ukraine has previously shot down several Russian jets: In December, Ukraine said it eliminated three Russian Su-34s over a two-day period. Ukraine has repeatedly urged its allies to give it fighter jets that would enable it to shoot down Russian missiles and aircraft.

Persons: —, Oleksandr Syrskyi, Mykola Oleshchuk, Justin Bronk, Rajan Manon Organizations: Service, Forbes, Royal United Services Institute, Pentagon Locations: Ukraine, Russian, Ukrainian, Russia

☆ OpenAI's Altman in Talks to Raise Funds for Chips, AI Initiative - WSJ
▼ + stars: | 2024-02-08 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) -OpenAI CEO Sam Altman is in talks with investors, including the UAE, to raise funds for a tech initiative to boost the world's chip-building capacity and expand its ability to power AI, among other things, the Wall Street Journal reported on Thursday. The project could require raising as much as $5 trillion to $7 trillion, the report added, citing people familiar with the matter. Altman's fundraising plans are aimed at solving constraints to OpenAI's growth, including the scarcity of artificial intelligence (AI) chips required to train large language models behind systems such as ChatGPT, the WSJ reported. War in Israel and Gaza View All 206 ImagesThe Semiconductor Industry Association (SIA) has forecast a 13.1% jump in global chip sales to $595.3 billion this year, compared with a drop of about 8% in sales in 2023. The amounts Altman has discussed are outlandishly large by the standards of corporate fundraising, the report added.

Persons: Sam Altman, Altman, Gnaneshwar Rajan, Rashmi Aich Organizations: Reuters, Wall Street, Microsoft, Semiconductor Industry Association, SIA Locations: UAE, Israel, Gaza, OpenAI, Bengaluru

☆ Russia may be replacing 100 tanks a month — but with older models which 'smacks of absolute desperation,' expert says
▼ + stars: | 2024-02-07 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +5 min

Russia is generating 100+ tanks a month, largely replacing its battlefield losses, UK intel said. Nicholas Drummond, a defense analyst, agreed, telling BI that Russia is relying on older models as its ability to produce new ones is limited. AdvertisementBut Drummond is skeptical that Russia can even make battle-ready 100 of the older tanks a month. Ramping up productionRussia has seemingly been increasing its output of new tanks, while still relying on older models. AdvertisementBut another expert said these older tanks can still create a problem for Ukraine.

Persons: —, William Alberque, Nicholas Drummond, DIMITAR DILKOFF, Drummond, George Barros, Russia's, Oleksii, It's, Alberque, Rajan Menon, Menon, it's Organizations: intel, Service, UK Ministry of Defence, International Institute for Strategic Studies, Getty, Institute for, Anadolu Agency, Getty Images, Defense Locations: Russia, Ukraine, Russian, AFP, Dmytrivka, Kyiv region, Getty Images Russia, Ukrainian

☆ Nine Injured in London Incident Involving 'Corrosive Substance', Police Say
▼ + stars: | 2024-01-31 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) -Nine people, including two children, were injured on Wednesday in an incident involving a "corrosive substance" in Clapham, in south London, the Metropolitan Police said. Three police officers were also taken to hospital with minor injuries, the statement said. "Firefighters were called to a chemical incident on Lessar Avenue in Clapham this evening," the London Fire Brigade said in an emailed statement to Reuters. Crews used specialist equipment to detect a corrosive substance that is believed to have been used in the incident, it added, without giving any further details. (Reporting by Gnaneshwar Rajan and Kanjyik Ghosh in Bengaluru; Editing by Daniel Wallis and Sandra Maler)

Persons: Crews, Gnaneshwar Rajan, Kanjyik Ghosh, Daniel Wallis, Sandra Maler Organizations: Reuters, Metropolitan Police, Firefighters, London Fire Brigade Locations: Clapham, London, Bengaluru

☆ Indian Devotees Splurge on Jets, Gold Idols as Hindu Temple Opens
▼ + stars: | 2024-01-19 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

Indian Prime Minister Narendra Modi and Asia's richest man Mukesh Ambani are among the 8,000 or so attendees at Monday's inauguration event for the Ram Temple, which devotees believe is built on the birthplace of Lord Ram, a sacred Hindu deity. Officials estimate 100 private jets will descend on Jan. 22 on Ayodhya airport, filling it to capacity. Mehra did not disclose the price of the charters, but private jet booking website JetSetGo lists the price of a Mumbai-Gorakhpur flight on a Falcon 2000 jet with nine passengers on board at about $74,000. There is a waiting period of two weeks," said Baldev Singh, a manager at HS Jewellers in Lucknow city. "People are betting on economic prosperity but there's also emotional attachment to be part of the Ayodhya story."

Persons: Saurabh Sharma, Tanvi Mehta, Narendra Modi, Mukesh Ambani, Lord Ram, Modi, It's, Rajan Mehra, Mehra, Baldev Singh, Amitabh Bachchan, Abhinandan, Abhinandan Lodha, Aditya Kalra Organizations: Indian, Ram, Bharatiya Janata Party, Dassault, Reuters Locations: Tanvi Mehta AYODHYA, India, Ayodhya, Varanasi, Gorakhpur, Mumbai, Thailand, Lucknow city

☆ Ukraine may have risked exposing a precious Patriot launcher to take out 2 prized Russian planes, experts say
▼ + stars: | 2024-01-18 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +6 min

Ukraine's apparent destruction of 2 Russian planes may have been due to Patriot missiles, experts said. AP Photo/Alexander Zemlianichenko, Pool, FileUsing a Patriot like this would be an extremely risky move for Ukraine. Getting close enough to Kyrylivka to be able to shoot down the A-50 would have meant putting the Patriot close enough to the active fighting that Russian weaponry could hit it, the experts said. However, this level of risk is why another expert said it was unlikely that Ukraine used a Patriot. He said that while it was just an informed theory, he thought a decades-old Soviet missile system, the S-200, was more likely to have been used.

Persons: —, Rajan Manon, Mattias Eken, Alexander Zemlianichenko, Eken, would've, Manon, Gustav Gressel, Gressel, Russia doesn't Organizations: Patriot, Patriots, Service, Ilyushin, RAND Corporation, AP, European Council, Foreign Relations, Soviet, REUTERS Locations: Ukraine, Azov, Ukrainian, Kyrylivka, Russian, Russia, Warsaw, Poland

☆ Russia will be scared to deploy its precious command planes after the 'embarrassing' loss of 2 of them, experts say
▼ + stars: | 2024-01-17 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

Ukraine said it damaged two Russian command aircraft — a Russian A-50 radar early-warning plane and Ilyushin Il-22 airborne command post — on Sunday, hitting the planes with its air defense systems. A photo that purports to show the wing of a Russian Il-22 aircraft shared by pro-war Russian milblogger Fighterbomber. Considering those losses together, Manon said: "For the Russian Air Force, it's kind of embarrassing." Given the limited supply, the latest developments are "a pretty big loss" for Russia, Manon said, adding that these aircraft are a key resource for Russia. Ukraine says it needs more air defense equipment, with Russia trying to erode Ukraine's stockpiles to clear the way for unobstructed attacks.

Persons: —, Rajan Manon, Manon, Gustav Gressel, Wagner, Sefa, shootdowns Organizations: Service, Business, Ilyushin, European Council, Foreign Relations, UK Ministry of Defence, Russian Air Force, Wagner Group, Anadolu Agency, Getty, NATO, Ukrainian Air Force Locations: Ukraine, Russian, Russia, Belarus, Minsk .

☆ Davos: A mountain of debt and a wave of elections. World leaders are hamstrung
▼ + stars: | 2024-01-14 | by ( Hanna Ziady | ) edition.cnn.com time to read: +7 min

London CNN —World leaders are flocking to Davos this week to pontificate on the planet’s most pressing problems. Even in the absence of a new crisis, soaring debt servicing costs will constrain efforts to tackle climate change and care for aging populations. Mortgage rates and other borrowing costs soared as investors demanded much higher premiums for owning UK debt. Mounting debt and political brinksmanship have already taken their toll on America’s credit rating, which typically affects borrowing costs for the government, businesses and households. And that would increase the government’s borrowing costs.

Persons: worryingly, Michael Saunders, ”, Saunders, that’s, Liz Truss, Dave Ramsden, Fitch, Moody’s, Raghuram Rajan, “ It’s, ” Rajan, Anna Cooban Organizations: London CNN —, Bank, CNN, Oxford Economics, Bank of England, AAA, States ’, Reserve Bank of India, Labour Party, Treasury Department, Federal, University of Chicago Booth School of Business Locations: Davos, Kingdom, Argentina, States, United States, Switzerland

☆ Iran seizes oil tanker in the Gulf of Oman
▼ + stars: | 2024-01-11 | by ( Mostafa Salem | Adam Pourahmadi | ) edition.cnn.com time to read: +3 min

Abu Dhabi CNN —Iran has seized an oil tanker in the Gulf of Oman and is transferring it to an Iranian port in retaliation for the United States confiscating the same vessel and its oil last year, Tasnim News Agency reported Thursday. The Strait of Hormuz at the northern end of the Gulf of Oman is the biggest oil chokepoint in the world. A maritime monitoring website, Tanker Trackers, said the vessel seized Thursday was a Marshall Islands-flagged crude oil tanker named St Nikolas, formerly known as the Suez Rajan. Almost 1 million barrels of Iranian crude oil were seized by the US government at the time, the DOJ said. The Suez Rajan transported the contraband to the United States and “incurred the significant expenses associated with the vessel’s voyage to the United States,” according to the DOJ.

Persons: St Nicholas, ”, UKMTO, Nikolas, Suez Rajan, “ Organizations: Abu Dhabi CNN, Tasnim News Agency, Islamic Revolutionary Guard Corps, Navy, United Nations, CNN, United Kingdom Maritime Trade Operations, ship’s Company, Oil, Tanker, US Department of Justice, DOJ, Emergency Economic, Navigation Locations: Abu Dhabi, Iran, Gulf of Oman, Iranian, United States, Oman, Islamic Republic, Gulf, Yemen, Gaza, Africa, Israel, Hormuz, Marshall, Suez, China

The warning came as Yemen’s Houthis vowed retaliation, further raising the prospect of a wider conflict in a region already beset by Israel's war in Gaza. The U.S.-led bombardment came in response to a recent campaign of drone and missile attacks on commercial ships in the vital Red Sea. Since November, the rebels have repeatedly targeted ships in the Red Sea, saying they were avenging Israel's offensive in Gaza against Hamas. The Houthis’ military spokesman, Brig. Tesla, meanwhile, said it would temporarily halt most production at its German factory because of attacks in the Red Sea.

Persons: Joe Biden, Biden, ”, Yemen’s Houthis, “, " Biden, Lloyd Austin, Donald Trump Lt, Douglas Sims, Yahya Saree, Nikolas, Iran’s, Hussein, George W, Bush, Friday's, Nasser Kanaani, Vassily Nebenzia, Linda Thomas, Ambassador Barbara Woodward, Thomas, Greenfield, ” ___ Gambrell, Ahmed Al, Haj, Bassem, Jill Lawless, Nasser Karimi, Fatima Hussein, Ellen Knickmeyer, Chris Megerian, Seung Min Kim, Edith M, Lederer Organizations: WASHINGTON, Britain, Associated Press, U.S . Central Command, Navy, White, Camp, U.S . Navy, Republicans, Pentagon, Joint Chiefs of Staff, . Air Forces Central Command, Tomahawk, Foreign Ministry, Brent, Food, U.S, U.S ., United Arab Emirates, . Security, Ambassador, United Nations Locations: Yemen, U.S, Sanaa, Iran, Aden, Gaza . U.S, Houthi, Gen, Red, Gaza, Israel, Saudi Arabia, Saudi, United Kingdom, Bani, Abbs, Gulf of Oman, Tehran, Washington, Suez, America, Britain, Houthis, Greenfield, U.K, Dubai, United Arab Emirates, Beirut, London, Emmaus , Pennsylvania

☆ Moody's cuts China credit outlook, citing lower growth, property risks
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +5 min

[1/2] A Chinese national flag flutters at the headquarters of a commercial bank on a financial street near the headquarters of the People's Bank of China, China's central bank, in central Beijing November 24, 2014. "The outlook change also reflects the increased risks related to structurally and persistently lower medium-term economic growth and the ongoing downsizing of the property sector," Moody's said. "Moody's concerns about China's economic growth prospects, fiscal sustainability and other aspects are unnecessary," the ministry said. STRUGGLING FOR TRACTIONMost analysts believe China's growth is on track to hit the government's target of around 5% this year, but that compares with a COVID-weakened 2022 and activity is highly uneven. Analysts widely agree that China's growth is downshifting from breakneck expansion in the past few decades.

Persons: Kim Kyung, Moody's, Ken Cheung, Pan Gongsheng, COVID, Goldman Sachs, Gnaneshwar Rajan, Kevin Yao, Tom Hogue, Kim Coghill Organizations: People's Bank of China, REUTERS, Mizuho Bank, Economic Work Conference, Fitch, China's Finance Ministry, International Monetary Fund, Thomson Locations: Beijing, Hong Kong, China, outflows, Bengaluru

☆ China Evergrande creditors seek controlling stakes in new proposal
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +1 min

An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. REUTERS/Florence Lo/File Photo Acquire Licensing RightsDec 1 (Reuters) - A group of offshore creditors to China Evergrande Group (3333.HK) is asking for a controlling equity stake of the developer and two of its Hong Kong subsidiaries as part of company's revised debt restructuring proposal, a source familiar with the matter said on Friday. The group, which works as an ad hoc group of Evergrande's offshore creditors, made the request after the developer earlier this week made a new offer to repay their offshore debts, the source said. Evergrande has until a Hong Kong court hearing on Monday to present a "concrete" revised debt restructuring proposal for offshore creditors, a judge said last month after its original plan had lapsed. Reporting by Xie Yu in Hong Kong, Gnaneshwar Rajan in Bengaluru; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Florence, Evergrande, Xie Yu, Gnaneshwar, Stephen Coates Organizations: REUTERS, China Evergrande, Hong Kong, Bloomberg News, Reuters, Thomson Locations: Beijing, China, HK, Hong, Hong Kong, Gnaneshwar Rajan, Bengaluru

☆ US Vice President Harris to attend COP28 climate summit in Dubai -Bloomberg News
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

U.S. Vice President Kamala Harris arrives before a tribute service for former U.S. first lady Rosalynn Carter at Glenn Memorial Church at Emory University in Atlanta, U.S., November 28, 2023. Brynn Anderson/Pool via REUTERS Acquire Licensing RightsNov 28 (Reuters) - U.S. Vice President Kamala Harris will attend the COP28 climate summit in Dubai, Bloomberg News reported on Tuesday, citing people familiar with the matter. U.S. Secretary of State Antony Blinken, Indian Prime Minister Narendra Modi, UK Prime Minister Rishi Sunak are among the leaders expected to attend the event that begins on Thursday. Reuters reported earlier this week that U.S. President Joe Biden would not attend the gathering. Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Jacqueline Wong and Tom HogueOur Standards: The Thomson Reuters Trust Principles.

Persons: Kamala Harris, Rosalynn Carter, Brynn Anderson, Antony Blinken, Narendra Modi, Rishi Sunak, Joe Biden, Gnaneshwar Rajan, Jacqueline Wong, Tom Hogue Organizations: U.S, Glenn Memorial Church, Emory University, REUTERS Acquire, Bloomberg, United Nations, Conference, United Arab, Indian, UK, Reuters, Thomson Locations: Atlanta , U.S, Dubai, United Arab Emirates, Bengaluru

☆ Meta Oversight Board to review handling of video showing unveiled woman in Iran
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. The board can issue recommendations to Meta, which are not binding, but the company has to respond to them within 60 days. In a statement, the board said the Instagram video it was reviewing showed the face of the woman, who was arrested following the confrontation. The board said the video had initially been flagged by AI for violating community guidelines, and sent for human review. The board said the case of the video falls within its strategic priorities that include crisis and conflict situations and gender.

Persons: Yves Herman, Mahsa Amini, Gnaneshwar Rajan, Shubham, Katie Paul, Miral Organizations: REUTERS, Instagram, Meta, Facebook, Thomson Locations: Brussels, Belgium, Iran, Bengaluru, San Francisco

☆ Nepal earthquake kills at least 69
▼ + stars: | 2023-11-03 | by ( Gopal Sharma | ) www.reuters.com time to read: +3 min

Light illuminates a street between the cluster of residential buildings in Kathmandu, Nepal November 8, 2022. "Rescue and search teams have to clear roads blocked by dry landslides due to the earthquake to reach the affected areas," Bhattarai said. At least 20 people were rushed to hospital with injuries, Jajarkot district official Suresh Sunar told Reuters by phone. Nepal's National Seismological Centre said the quake occurred at 11:47 p.m. (1802 GMT) in Jajarkot district of Karnali province. The earthquake shook buildings as far as New Delhi, about 600 km (375 miles) away, according to Reuters witnesses.

Persons: Navesh, Harish Chandra Sharma, Namaraj Bhattarai, Bhattarai, Pushpa Kamal Dahal, Jajarkot, Suresh Sunar, Santosh Rokka, Aditya Kalra, Gopal Sharma, Shivam Patel, Gnaneshwar Rajan, Jahnavi, Chris Reese, Jonathan Oatis, Cynthia Osterman, David Gregorio, Sandra Maler Organizations: REUTERS, Seismological Centre, German Research Centre, Geosciences, U.S . Geological Survey, Twitter, Reuters, Nepal's, Thomson Locations: Kathmandu, Nepal, Jajarkot, New Delhi, India, Rukum West, Jajarkot district, Karnali province

☆ The 15-page pitch deck a former Patreon employee used to raise $2.75 million for his sports creator app, and how he's getting athletes on the platform
▼ + stars: | 2023-10-31 | by ( Margaret Fleming | ) www.businessinsider.com time to read: +5 min

Below are three key slides from the 10-page pitch to athletes and the full 15-page deck used to win over investors. Among them, seven are women, and six compete professionally while the remaining four are college athletes, Rajan said. In the pitch deck Grandstand used to get athletes on board, the company referenced YouTube sensation MrBeast to show how lucrative a creator career can be. Sandeep RajanGrandstand's pitch to investorsBut, before athletes could start earning on the platform, Grandstand had to raise capital to launch it. Here is the full 15-slide pitch deck Grandstand used to raise $2.75 million in its initial funding round:

Persons: it's, Sandeep Rajan, Rajan, James Nicholas, MrBeast, Forbes Organizations: Will Ventures Locations: Instagram

☆ Canada's Conservative leader urges rejection of RBC's offer for HSBC Canada -media
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +1 min

A sign for the Royal Bank of Canada in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOct 19 (Reuters) - Pierre Poilievre, Canada's Conservative party leader, called for the federal government to reject Royal Bank of Canada's (RY.TO) C$13.5 billion ($9.84 billion) offer to buy HSBC's (HSBA.L) domestic unit, the Globe and Mail reported on Thursday. "If the biggest bank in Canada simply buys up a growing smaller player, then there's no hope of ever having more competition in Canadian banking," he told the newspaper. Last month, Canada's Competition Bureau said that RBC's takeover of HSBC Canada was unlikely to hurt competition, clearing the way for the country's largest bank to push ahead with its biggest acquisition. Still, the regulator found that the deal would "result in a loss of rivalry between Canada's largest and seventh-largest banks."

Persons: Carlos Osorio, Pierre Poilievre, Poilievre, Gnaneshwar Rajan, Christian Schmollinger Organizations: Royal Bank of Canada, REUTERS, Conservative, Royal Bank of Canada's, Globe and Mail, HSBC, HSBC Canada, Thomson Locations: Toronto , Ontario, Canada

☆ High-interest rates have led the private sector to buy debt: Former KC Fed President Thomas Hoenig
▼ + stars: | 2023-10-16 | 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 EmailHigh-interest rates have led the private sector to buy debt: Former KC Fed President Thomas HoenigRaghuram Rajan, University of Chicago professor, Former Kansas City Fed President Thomas Hoenig, join 'The Exchange' to discuss the Fed decision to Fed quantitative easing, an increase in new debt issuances, and how a shift in who is buying up debt is growing treasury rates.

Persons: Thomas Hoenig Raghuram Rajan, Thomas Hoenig Organizations: KC Fed, University of Chicago, Former Kansas City Fed

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