Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Celsius"


25 mentions found


All have died in blistering heat in recent weeks around the world, a harrowing reminder of the global dangers of extreme weather as a severe heat wave bears down on more than 70 million Americans this week. Dozens of cities in Mexico broke heat records in May and June, killing more than 100 people. Greece is bracing for wildfires this week, right after back-to-back heat waves killed several tourists. Extreme heat killed an estimated 489,000 people annually between 2000 and 2019, according to the World Meteorological Organization, making heat the deadliest of all extreme weather events. “Climate change may also drive food and water shortages and in turn civil unrest, and mass migration,” the report said.
Organizations: Pilgrims, Associated Press, Climate Central, World Meteorological Organization Locations: Mexico, India, Delhi, Greece, Bamako, Mali
New Delhi CNN —Nights are getting uncomfortably and dangerously hotter in India’s capital as people in the world’s most populous nation feel little respite from unrelenting temperatures. Northern India has endured a scorching summer — with one part of the capital of Delhi recording the country’s highest-ever temperature 49.9 degrees Celsius (121.8 degrees Fahrenheit) earlier this month. Bicycle rickshaw driver Sagar Mandal told CNN that he’s been getting fewer passengers because people opt for air-conditioned taxis over open-air transport. Outdoor workers like Nikhil Kumar find no respite as the heat lingers on even at night. Residents fill their containers with water supplied by a municipal tanker in New Delhi on 19 June, 2024.
Persons: Sagar, he’s, , , Nikhil Kumar, Esha Mitra, “ We’ve, Kalyani Saha, hasn’t, ” Saha, Saha, Money Sharma, Ajay Chauhan, Ram Manohar Lohiya, ” Chauhan, Chauhan, “ that’s, Sarita Kumari, ” Kumari Organizations: New, New Delhi CNN, Centre for Science, Environment, Sagar Mandal, CNN, Getty, Ministry of Health, NGO Centre, Health Development India Locations: New Delhi, Northern India, Delhi, United States, Mandal, Australian, Lajpat Nagar, India
The big storyEmerging markets have been on tenterhooks for the better part of this year as the Federal Reserve has been dangling the prospect of an interest rate cut. Historically, as U.S. interest rates fall, the allure of the mighty dollar fades to the benefit of other currencies. Indeed, unlike most developed economies, India's interest rate regime in 2024 isn't any different from that of 2018. There lies the disconnect between the economy, the stock market, and a single stock. Non-bank lender Akme Fintrade India and engineering firm DEE Development Engineers will debut on the stock market on Wednesday.
Persons: Sumant Sinha, we've, Sinha, It's, Fitch, Rahul Jain, Goldman Sachs, Jake Sullivan, Modi, Narendra Modi, CNBC's Charmaine Jacob, Raamdeo Agrawal, CNBC's Tanvir Gill, Jain Organizations: Bloomberg, Getty, Federal Reserve, India Inc, Nasdaq, Reserve Bank of, U.S, Societe Generale, Goldman, Clean Energy, CNBC, Motilal Oswal Financial Services, of India, Bangladesh, Australia, DEE Development Engineers Locations: Tuticorin, India, Reserve Bank of India, Japan, Britain, Delhi
Last year was “another year of highs in our energy hungry world,” said Juliet Davenport, president of the Energy Institute. Overall, the proportion of fossil fuels in the 2023 global energy mix remained largely the same at 81.5%, down just 0.5% from the previous year. India’s fossil fuel consumption was up 8% last year and, for the first time ever, the country used more coal than Europe and North America, combined. Dhiraj Singh/Bloomberg/Getty ImagesIn China, fossil fuel use soared to a new record high in 2023, up by 6%, as the end of its extended Covid lockdowns led to a rebound in fossil fuels. Fossil fuel use in major advanced economies is likely to have peaked and is beginning to fall, it found.
Persons: , Sharma, Anthony Behar, SIPPL, , Juliet Davenport, Dhiraj Singh, lockdowns, Simon Varley, Dave Jones Organizations: CNN, Energy Institute, Getty, , US, Bloomberg, Resources, KPMG Locations: Mecca, Saudi Arabia, India, New Delhi, Queens, New York City, NY, Europe, North America, Visakhapatnam, Andhra Pradesh, China, Paris
MECCA, Saudi Arabia (AP) — Hundreds of people died during this year's Hajj pilgrimage in Saudi Arabia as the faithful faced intense high temperatures at Islamic holy sites in the desert kingdom, officials said Wednesday as people tried to claim their loved ones' bodies. Saudi Arabia has not commented on the death toll amid the heat during the pilgrimage, required of every able Muslim once in their life, nor offered any causes for those who died. Already, several countries have said some of their pilgrims died because of the heat that swept across the holy sites at Mecca, including Jordan and Tunisia. More than 1.83 million Muslims performed the Hajj in 2024, including more than 1.6 million pilgrims from 22 countries, and around 222,000 Saudi citizens and residents, according to the Saudi Hajj authorities. Saudi Arabia has never acknowledged the full toll of the stampede.
Persons: Al Saud, King Salman Organizations: Associated Press, Public Health, Saudi National Center for Meteorology, Massachusetts Institute of Technology Locations: Mecca, MECCA, Saudi Arabia, Al, Muaisem, Jordan, Tunisia, Mina, Saudi, Algeria, Egypt, India, Medina . Saudi Arabia, Islam, hajj
Dozens of people have died amid scorching temperatures during the annual hajj pilgrimage to the holy city of Mecca in Saudi Arabia, according to reports from official media in Europe, the Middle East and Africa. With forecasts saying that temperatures would top 113 degrees Fahrenheit, or 45 degrees Celsius, on Tuesday, Saudi officials issued advisories to pilgrims urging them to stay hydrated, minimize outdoor activities, and carry umbrellas to block direct sunlight. While Saudi Arabia had not reported deaths, news reports from a number of countries whose faithful went to the hajj suggested that the heat had proven deadly. On Sunday, Jordan’s official news agency said that 14 pilgrims had died from exposure to extreme sun and heat. On Wednesday, the agency said that burial permits had been issued for 41 Jordanian pilgrims in Mecca, but did not provide details on the causes of death.
Organizations: Saudi Locations: Mecca, Saudi Arabia, Europe, East, Africa
The following day, the body of an American tourist was found on Mathraki, a small island west of Corfu. As climate change fuels longer and more severe heat waves, scientists are trying to unravel how our brains will cope. But as heat increases, it can have serious effects, including lowering the fluids in the body and decreasing blood flow to the brain, Bailey said. Extreme heat can disrupt typical brain activity, said Kim Meidenbauer, a neuroscientist at Washington State University. Someone who is very fit understands the dangers and carries plenty of water is still gambling if they decide to go on a hike in very high temperatures, Bailey said.
Persons: Michael Mosley, Albert Calibet, ” Petros Vassilakis, , Damian Bailey, Bailey, ” Bailey, Jeff Nerby, Mike De Sisti, Kim Meidenbauer, “ You’re, , ” Meidenbauer, don’t, Jose Guillermo Cedeño Laurent, Ethan Hickman, Jeff Roberson, Stephanie Halasz, Issy Ronald Organizations: CNN, Reuters, University of South, It’s, Milwaukee Journal Sentinel, USA, Network, Washington State University, Rutgers School of Public Health Locations: Symi, Greece, Samos, American, Corfu, University of South Wales, Crete, Milwaukee , Wisconsin, Boston, Weldon Spring , Missouri
Dubai CNN —Dozens of people have died and thousands have been treated for heatstroke while performing the annual Muslim Hajj pilgrimage to Mecca amid extreme temperatures of up to 49 degrees Celsius (120 degrees Fahrenheit). At least 41 Jordanians, 35 Tunisians and 11 Iranians are among the dead, according to authorities in each country. Additionally, the governments are only aware of pilgrims who have registered and traveled to Mecca as part of their country’s quota – more deaths are feared among unregistered pilgrims. While deaths among pilgrims are not uncommon (there were more than 200 last year), this year’s gathering is being held amid particularly high temperatures. On Monday, Saudi Arabia advised pilgrims against performing the ‘stoning of the devil’ ritual between certain hours after temperatures reached an extreme 49 degrees Celsius (120 degrees Fahrenheit).
Persons: Handi Alkhshali Organizations: Dubai CNN, Crescent, Saudi, Saudi General Authority, Statistics Locations: Dubai, Mecca, Saudi Arabia, Egypt, Kingdom
La-Z-Boy – The stock soared more than 19% after the furniture company topped Wall Street expectations for the fiscal fourth quarter. La-Z-Boy reported adjusted earnings of 95 cents per share on revenue of $554 million. This is above earnings estimates of 70 cents per share on revenue of $516 million, according to analysts polled by LSEG. Rocket Lab USA – Shares of the space company jumped around 9% after it signed a ten-launch deal with Japanese Earth observation company Synspective. Analysts polled by FactSet were expecting 82 cents per share in earnings on $1.7 billion of revenue.
Persons: Canaccord Genuity, Piper Sandler, Lennar, FactSet, Warren, Berkshire Hathaway, Buffett, , Alex Harring, Michelle Fox, Sarah Min, Yun Li Organizations: LSEG, NextEra Energy, Patterson Companies, Occidental Petroleum –, Semiconductor, VanEck Semiconductor, Micron Technology, Qualcomm, Nvidia Locations: Monday's, Houston
JPMorgan boosted its price target on shares of Apple to $245 each from $225 after the firm raised iPhone volume expectations in 2025 and 2026 due to artificial intelligence upgrades. More price-target hikes for Nvidia : Wells Fargo went to $155 a share from $125 at Wells Fargo while Rosenblatt Securities went to $200 from $140. Piper Sandler called the sell-off in Celsius Holdings overdone and reiterated its $90 price target and buy-equivalent rating. Meanwhile, Stifel increased its price target on the memory chipmaker's stock to $165 a share from $145 ahead of earnings June 26. Netflix 's price target raised to $750 a share from $700 by analysts at Loop Capital.
Persons: Wells Fargo, Piper Sandler, Kroger, Lennar, Netflix's, Jim Cramer's, Jim Cramer, Jim, Nvidia Piper Sandler, Merck Micron Lennar Piper Sandler Organizations: JPMorgan, Apple, Nvidia, Rosenblatt Securities, Holdings, BMO Capital, Kroger, Albertsons, Merck, Food and Drug Administration, Investors, Micron, Bank of, Netflix, Loop, NFL, Jim Cramer's Charitable, CNBC, Holdings BMO Capital, Merck Micron Locations: Wells, Bank of America's, Miami, U.S
JMP Securities reiterated its market outperform rating on CoStar Group, with its price target implying upside of nearly 50%. Canaccord Genuity, meanwhile, raised its price target on Elf Beauty. Elsewhere, JPMorgan raised its price target on Apple to $245 from $225. ET: JPMorgan raises Apple price target Apple's AI announcements could lead to bigger iPhone sales, according to JPMorgan. Analyst Michael Lavery reiterated his overweight rating and $90 price target on shares, which suggests a 50% gain from Monday's close.
Persons: Canaccord Genuity, Goldman Sachs, Alexander Duval, Duval, — Hakyung Kim, Samik Chatterjee, Chatterjee, Fred Imbert, Piper Sandler, Michael Lavery, Lavery, Canaccord, Susan Anderson, Anderson, Nicholas Jones, Jones, monetizing Homes.com, CSGP Organizations: CNBC, JMP Securities, JPMorgan, Apple, Walmart Locations: underperformance . U.S, Monday's, Canada
Celsius CEO John Fieldly on consumer demand
  + stars: | 2024-06-17 | 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 EmailCelsius CEO John Fieldly on consumer demandCelsius CEO John Fieldly joins 'Money Movers' to discuss what the chief executive's business is seeing from the consumer, the cause of the slowdown, and what could hurt the consumer's pockets.
Persons: John Fieldly
CNN —Greek police are still searching for a US citizen who went missing on the Greek island of Amorgos, as well as two French women on the island of Sikinos in the Cyclades, a police spokeswoman told CNN on Monday. Albert Calibet, a 59-year-old American, has been missing since June 11, Petros Vasilakis, head of the Southern Aegean Police press office, told CNN. The two French nationals, aged 64 and 73 years old, went missing during a walk on the island of Sikinos, Vasilakis said. Vasilakis told CNN one of the women sent a message of distress to the guest house where she was staying. The man’s body will undergo a forensic examination later Monday to determine the cause of his death, police spokeswoman Konstantia Dimoglidou told CNN.
Persons: Albert Calibet, Petros Vasilakis, Calibet, Vasilakis, Michael Mosley, Mosely, Konstantia Dimoglidou Organizations: CNN, Southern Aegean Police, Hellenic Rescue Team, Samos Locations: Amorgos, Sikinos, British, Symi, Corfu, Samos
This week, a judge signed off on Do Kwon and his bankrupt Terraform Labs settling with the U.S. Securities and Exchange Commission for $4.5 billion. This comes after a jury unanimously found Kwon and his company liable for securities fraud following less than two hours of deliberation. But investors piled in anyway, giving luna and UST a combined market value of almost $40 billion at one point. Terraform and Kwon fought our efforts to investigate – taking a fight over investigative subpoenas all the way to the Supreme Court. They are Caroline Ellison, the Alameda Research CEO who at one time dated Bankman-Fried; FTX engineering chief Nishad Singh; and Gary Wang, the co-founder and chief technology officer of FTX.
Persons: Kwon, Woohae Cho, Sam Bankman, Changpeng Zhao, Luna, atoning, Alex Mashinsky, Wall, Stevo Vasiljevic, Reuters Kwon, He's, Satoshi Nakamoto, Elon Musk, Mike Novogratz, Gary Gensler, , Fried, Fatih Aktas, Lewis Kaplan, Kaplan, Bankman, convicting, Prosecutors, Ryan Salame, Caroline Ellison, Nishad Singh, Gary Wang, FTX, Jason Redmond, Zhao, Richard Jones, , Binance, Justin Sullivan Organizations: Terraform Labs, Bloomberg, Getty, U.S, Forbes, Arrows Capital, Voyager, U.S . Securities, Exchange Commission, Labs, U.S . Justice Department, Futures Trading Commission, Treasury Department, bitcoin, BlackRock, Fidelity, Reuters, terraUSD, UST, Traders, Twitter, SEC, Supreme, Anadolu Agency, Alameda Research, ., Republicans, Bankman, AFP, of Prisons, District, Bank, DOJ, CFTC, Treasury, Binance, New, Commercial Bank Locations: U.S, Balkans, Podgorica, Montenegro, Singapore, Dubai, Serbia, Balkan, South Korea, United States, lockstep, New York, Manhattan, Seattle, Lompoc , California, Binance
CNN —Raw sewage, swarms of flies and mosquitoes, garbage piled high in the streets. As the heat of summer gathers, hundreds of thousands of people in Gaza are contending with a crisis in sanitation. Ismail Zayda, who lives in Gaza City in the north, told CNN that water supplies had been cut off for nine months. Roads ‘full of sewage’Zayda, the Gaza City resident, told how an out-of-service swimming pool in his had become a magnet for insects. The treatment of sewage amid damage to infrastructure and a lack of fuel has become an enduring problem in Gaza.
Persons: Ismail Zayda, , Gaza –, , Abed Rahim Khatib, Benjamin Netanyahu, Mahmoud Issa, Reuters OCHA, ” OCHA, ” Zayda, Carl Skau, Assem, Khan Younis, Deir Al Balah Organizations: CNN, Anadolu, United Nations Security Council, UN Office, Humanitarian Affairs, Reuters, AFP, Getty, UN, International Committee Locations: Gaza, Gaza City, Deir al, Deir al Balah, Rafah, , Gaza City Municipality, Khan
CNN —Six people have died from heatstroke during the Hajj pilgrimage to Mecca, amid warnings from Saudi officials that temperatures during the annual gathering could reach 48 degrees Celsius (118 degrees Fahrenheit) this year. More than 1.8 million people are taking part in Hajj this year, according to the Saudi General Authority for Statistics. The Hajj is one of the biggest religious gatherings in the world and the largest annual event in Saudi Arabia. This year, Saudi Arabia is expected to experience extreme heat over the five-day pilgrimage, with temperatures reaching 48 degrees Celsius (118 degrees Fahrenheit) in Mecca. A Muslim pilgrim splashes water on his head to cool off at the base of Saudi Arabia's Mount Arafat during the Hajj pilgrimage on June 15, 2024.
Persons: Mount Arafat, Ramadan, Fadel Senna, Muhammad Al, Abdulaali, Jordan, Hajj – Organizations: CNN, Saudi, Saudi General Authority, Statistics, Getty Locations: heatstroke, Mecca, Jordanian, Jeddah, Jordan, Arafat, Saudi Arabia, Hajj, Saudi, AFP
CNN —Bryson DeChambeau lay sprawled on his back, gazing up at the towering pine trees as a physiotherapist worked him over. Once maligned by some golf fans, DeChambeau – whose personal YouTube channel continues to amass subscribers – has embraced his new-found role as a crowd-favorite. After his tee shot pulled into a bunker, the American came close to holing out with his mesmerizing subsequent swing. To top it all off, there was a spot of mid-round physiotherapy – permitted by the PGA Tour – in the woods ahead of the 11th hole. “Another frustrating day,” Scheffler told reporters.
Persons: CNN — Bryson DeChambeau, LIV, ” DeChambeau, I’ve, DeChambeau –, DeChambeau, Gregory Shamus, , , Bryson, ” “ I’ve, “ I’ve, ” McIlroy, Scheffler, Rory McIlroy, “ You’ve, Matt York, Matthieu Pavon, Frenchman, ” Pavon, Pavon, Patrick Cantlay, Scottie Scheffler’s, ” Scheffler, Andrew Redington Organizations: CNN, PGA, U.S, Northern, , U.S . Locations: Carolina’s, New York, Pinehurst,
CNN —Dozens of passengers who boarded a Qatar Airways plane in Athens, Greece on Monday expected to be on their way to their destination – Doha, Qatar – relatively quickly. Instead, they found themselves trapped inside a grounded plane for more than three hours, according to passenger Garth Collins, who posted about his experience on Instagram. In a video posted by Collins, passengers can be seen standing up from their seats and in the aisles of the plane, fanning themselves and fellow passengers with paper. Zeiher told 7News that she received “zero information” from Qatar Airways, so she decided to rebook her onward flight to Australia through Emirates. According to flight tracking website Flightradar24, flight QR204 was supposed to leave Athens International Airport at 1:55 p.m. local time.
Persons: Garth Collins, Collins, Michael Mosley, Jennie Zeiher, Joe, Zeiher, , ” Zeiher, , 7News, QR204 Organizations: CNN, Qatar Airways, , Athens International Airport, 7News, Doha’s Hamad International Airport, Athens International Locations: Athens, Greece, – Doha, Qatar, British, Symi, ATH, Doha, Melbourne, Australia, Emirates, DOH
The severe downpours have also left 2,400 tourists stranded in the northeastern Indian state of Sikkim. Six people died in India’s Sikkim state and another four died from a landslide in neighboring Nepal’s Koshi province, according to officials. Bordered between Bhutan and Nepal, the northeastern state of Sikkim is known for its scenic Himalayan landscapes, boasting 28 mountain peaks, 21 glaciers and more than 200 lakes. The mountainous terrain of northeastern India is prone to landslides. ANI/ReutersChettri said approximately 2,400 tourists are stranded in various tourist spots in the state after landslides covered roads with debris and heavy rainfall damaged some bridges.
Persons: , Hem Kumar Chettri, Chettri, Organizations: CNN, India’s Meteorological Department, Neighboring Locations: India, Nepal, Indian, Sikkim, Six, India’s Sikkim, Nepal’s Koshi, Bhutan, Government, Kalimpong, West Bengal, Neighboring West Bengal, Delhi
People filling water in plastic cans from a water supply tanker at Chanakyapuri, Delhi on June 12, 2024. India's capital Delhi is facing a severe water crisis as the country undergoes its "longest spell" of recorded heatwave. "Heat wave to severe heat wave conditions [are] likely to continue over northern parts of India during next 4-5 days," IMD said in a release. The highest daily temperature in Delhi has consecutively surpassed 40°C since May 12, weather forecasting site AccuWeather showed. Other parts of India were not spared, with temperatures in some cities touching 47.5°C on Thursday.
Persons: Mrutyunjay Mohapatra, Atishi Organizations: India's Meteorological Department, IMD, Indian Express, Economic Times, World Meteorological Organization Locations: Chanakyapuri, Delhi, India's, India, Mungeshpur, South, Southeast Asia, Bangladesh, Thailand, Vietnam, Asia
Hong Kong CNN —China is grappling with extreme weather as severe drought and record temperatures scorch the north while heavy rains inundate the south, raising concerns about food security in the world’s second-largest economy. Areas of the country that produce a lot of rice and wheat have been badly affected, disrupting spring and summer planting seasons. The China Meteorological Administration (CMA) said on Wednesday that 28 regional weather stations broke their respective records for the highest temperature ever recorded in mid June. Meanwhile, southern parts of the country, the top rice growing region, have been grappling with weeks of downpours. These rains appear to be related to a seasonal monsoon pattern that can lead to intense showers over short periods.
Persons: Yang Wentao Organizations: Hong Kong CNN, Agriculture, CCTV, China Meteorological Administration, National Climate Center, Ministry of Agriculture, CMA, Flood, Drought Locations: China, Hong Kong, Henan, Shandong, Fenyang, Shanxi, Zhejiang, Fujian, Jiangxi, Hunan, Guangxi, Guizhou,
The building was being used by a rival political party, she believes. A few miles east along the border, CNN met several more Mexican families who had been sheltering for days in a tent erected by a local humanitarian group. Intimidation was particularly pervasive in local-level elections, experts told CNN, where races could hand the winners broad control over small communities’ police and fiscal resources. Immigrant rights advocates warn closing the border to asylum seekers endangers vulnerable people and ultimately makes the border less safe. They were treated with respect by the US agents, she told CNN, who swabbed them for DNA – likely to ensure that the children were really hers.
Persons: Norma, Norma doesn’t, Strange, Joe Biden, , Norma Galeana, Carin Zissis, Zissis, “ We’re, Yolanda Sánchez Figueroa, Salvador Guerrero, Andres Manuel Lopez, Lopez, Morena, ” Zissis, Claudia Sheinbaum, Lopez Obrador, Norma’s, , Joe Biden’s, It’s, CNN’s Priscilla Alvarez, Tara John, David Shortell Organizations: Arizona CNN, CNN, Border Patrol, Homeland Security, Americas Society, Legal Clinic, National Guard, AS, Border Locations: Sasabe, Arizona, Mexico City, , Mexico, United States, Cotija, Michoacán, North America, Hermosillo
New Delhi CNN —A one-of-its-kind insurance policy has started making payouts to tens of thousands of women across India to help them cope with the impact of extreme heat. Indian women working in agriculture typically earn about 300 rupees ($3.60) per day. Outdoor work in such extreme heat can lead to chronic rashes, dizziness, burns, infections, and miscarriage, according to Climate Resilience for All. More than 46,000 women were given additional insurance payments, with some receiving up to $19.80 each. Overall payments across the program amounted to over $340,000, Climate Resilience for All said in a statement on Wednesday.
Persons: , Kathy Baughman McLeod, , Arunaben Makwana, SEWA, McLeod Organizations: New, New Delhi CNN, Resilience, India’s, Women’s Association, Swiss, ICICI Lombard, Toiling, United Nations ’ Economic, Social Commission Locations: New Delhi, India, Rajasthan, Maharashtra, Gujarat, South Asia, Africa, Delhi, Asia
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTuesday's rapid fire: GM, Shopify, Cleveland-Cliffs, GE Vernova and CelsiusJim Cramer looks at five stocks in the news outside the CNBC Investing Club portfolio.
Persons: Jim Cramer Organizations: GE Vernova, CNBC, Club Locations: Cleveland
Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Jim Cramer has been calling for Ford, a CNBC Investing Club portfolio name, to do a buyback, too. But now that's reflected in the stock," Cramer said. Cramer said this research note was so negative that "I don't care that i[Cleveland-Cliffs] is down 28% for the year. "Gratuitous neutral," Cramer said.
Persons: Jim Cramer's, Jim Cramer, Ford, Cramer, Morgan Stanley, it's Organizations: CNBC, Club, General Motors, Ford, Shopify, JPMorgan, Cliffs, GE Vernova, Citi, Costco Locations: Cleveland
Total: 25