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☆ Adani investor GQG Partners' shares crash 25% — on pace for record loss after Gautam Adani's indictment
▼ + stars: | 2024-11-21 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Rajiv Jain, founder and chief investment officer of GQG Partners, during an interview in New York, US, on Tuesday, April 4, 2023. Shares of Australia-listed GQG Partners plunged as much as 25% on Thursday and were set to post their worst day on record, after Adani Group Chair Gautam Adani was charged with fraud in New York. Shares of Adani Group companies also nosedived, as Indian stock markets opened for trade. GQG is Adani Enterprises' fourth-largest shareholder, owning about 3.94% of the firm, according to LSEG data. Hindenburg had charged Adani Group of "brazen stock manipulation and accounting fraud scheme over the course of decades," sending shares plunging by more than 54% in the first quarter of 2023.

Persons: Rajiv Jain, Gautam Adani, GQG, Adani, Hindenburg Organizations: GQG Partners, Adani Group, BSE, Adani Enterprises, CNBC, Adani, Hindenburg Locations: New York, New

☆ $100 billion club shrinks to 12 members as slump in stocks knocks 3 people out
▼ + stars: | 2024-09-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

The $100 billion club lost three people last week as tumbling stocks dented their net worths. Only 12 members remain after Jensen Huang, Michael Dell, and Gautam Adani shed their elite status. Go to newsletter preferences Thanks for signing up! AdvertisementThe $100 billion club has lost three members in four days, shrinking the elite group of the world's superwealthy to just 12 people. Nvidia CEO Jensen Huang, personal-computing pioneer Michael Dell, and Indian industrialist Gautam Adani saw their net worths tumble below $100 billion last week, per the Bloomberg Billionaire Index.

Persons: Jensen Huang, Michael Dell, Gautam Adani, — Organizations: Service, Nvidia, Bloomberg, Labor, Business

☆ Gautam Adani hit by fresh Hindenburg allegations against India’s market regulator
▼ + stars: | 2024-08-12 | by ( ) edition.cnn.com time to read: +3 min

Adani Group companies shed as much as $19 billion in market value on Monday after Hindenburg Research accused the Indian market regulator probing the group of having links to offshore funds also used by Adani. Adani Enterprises and Adani Ports were among the biggest losers on India’s blue-chip Nifty 50 index. Total losses in Adani companies narrowed to $9 billion after the early plunge. It caused one of the most stunning upheavals in India’s corporate history in January 2023 when it alleged improper use of tax havens and stock manipulation by the Adani Group. “We do not think SEBI can be trusted as an objective arbiter in the Adani matter,” Hindenburg said on Saturday.

Persons: Adani, Gautam, Hindenburg, Madhabi Puri, Vinod Adani, Gautam Adani, ”, Sunny Agrawal, Buch, ” Hindenburg, SEBI, “, Kranthi Bathini, Rahul Gandhi, ” Ajay Seth Organizations: Adani, Hindenburg Research, Adani Enterprises, Securities and Exchange Board of India, SBICAPS Securities, Equity, WealthMills Securities Locations: New York, Madhabi Puri Buch

☆ U.S. personnel wounded in attack against base in Iraq, officials say
▼ + stars: | 2024-08-05 | by ( ) www.cnbc.com time to read: +3 min

Two Katyusha rockets were fired at al Asad airbase in western Iraq, two Iraqi security sources said. One Iraqi security source said the rockets fell inside the base. The U.S. officials, who spoke to Reuters on condition of anonymity, said one of the wounded Americans was seriously injured. "Base personnel are conducting a post-attack damage assessment," one of the officials added. A rare ally of both the U.S. and Iran, Iraq hosts 2,500 U.S. troops and has Iran-backed militias linked to its security forces.

Persons: Al Asad, Ismail Haniyeh, Mohammed Shia, Sudani, State Anthony Blinken, Blinken, Michael, Erik, Kurilla Organizations: Reuters, Israel, The U.S, Base, Pentagon, Hezbollah, U.S, Iraqi, State, U.S . Army, U.S . Central Command Locations: Iraq, Iraqi, Iran, U.S, Tehran, The, Israel, Gaza, Washington, Baghdad, Syria

Four teenagers accused of fatally beating a classmate last year in Las Vegas have agreed to plead guilty to voluntary manslaughter, which will keep them from being tried as adults, attorneys confirmed Thursday. Attorney Robert Draskovich represents one of the four teens charged in the beating. Draskovich said his client agreed to plead guilty in a deal that would crumble if one of the defendants involved changes their plea. Mellisa Ready, Lewis’ mother, told NBC affiliate KMCC of Las Vegas on Thursday that she was “dumbfounded” and "in shock" by the plea agreement. She said that she had heard from the Clark County District Attorney’s office that the teens were going to plead guilty to murder in the adult court system.

Persons: Jonathan Lewis, Robert Draskovich, Draskovich, John Giordani, Lewis, “, ”, Lewis ’, Mellisa Organizations: Rancho High School, NBC News, NBC, Clark County District Locations: Las Vegas, In Nevada, Clark County

☆ Iran Pays You to Become Trans, but It Comes at a Cost — Your Dignity
▼ + stars: | 2024-07-20 | by ( Joshua Nelken-Zitser | Additional Reporting Ida Reihani | ) www.businessinsider.com time to read: +17 min

In 2007, The Guardian reported that Iran ranked second only to Thailand in the number of gender-affirming surgeries performed. Related stories"They told me I had two options," she told BI. Molkara, who died in 2012, was instrumental in securing the fatwa that legalized gender-affirming surgeries in Iran. Related stories"The questions were so graphic that my mom, at some point, left the room," she told BI. Homosexuality as a sinJavad Sadidi, a Mashhad surgeon who specializes in gender-affirming surgeries, told BI that the process takes a minimum of two years.

Persons: Varamini, He'd, Becca Kia, I'm, Ajoudani, she's, Vahid, Ruhollah Khomeini, Khomeini's, Maryam Khatoon Molkara, Molkara, Khomeini, Kaveh Kazemi, Legal Medicine Organization —, Pooya, Eugene Gologursky, it's, Sadidi, Mahmoud Ahmadinejad, SPENCER PLATT, Elina, Shadi Sadr, who's, Soheil, he's Organizations: Business, Guardian, Eleos, Islamic Revolutionary Guard Corps, Revolutionary Guard Corps, State Welfare Organization of, Australia's Department of Foreign Affairs, Trade, Legal Medicine Organization, BI, Columbia University, Justice, Tristar Media, United, Lancet, Global Surgery, State Welfare Organization of Iran, Mahtaa Institute Locations: Tehran, Shayan, Iran, Thailand, Tehran's, Islamic Republic, Iraq, London, State Welfare Organization of Iran, Iranian American, Mashhad, Shadi, Iranian, Shadi Sadr, United Nations, Karaj, Canada

☆ A detailed look at children’s brains might show how sex and gender are different, new study says
▼ + stars: | 2024-07-12 | by ( Jen Christensen | ) edition.cnn.com time to read: +8 min

CNN —Sex and gender are often conflated or equated in everyday conversations, and most American adults believe a person’s gender is determined by sex assigned at birth. But a new study of nearly 5,000 9- and 10-year-olds found that sex and gender map onto largely distinct parts of the brain. The researchers on the new study defined sex as what was assigned to the child at birth. They also hope to see how different cultures affect a person’s gender and their brain development. The study did not look at whether sex or gender were congruent or incongruent in any study participant.

Persons: ”, Elvisha, Dr, Dani S, Bassett, “, ” Bassett, ” Dhamala, —, Sanjay Gupta, Avram Holmes, Holmes, “ It’s, ” Holmes Organizations: CNN, Feinstein Institutes for Medical Research, Zucker Hillside, University of Pennsylvania, Bioengineering, Systems Engineering, Physics, Astronomy, Neurology, Psychiatry, Research, London, Conservative, CNN Health, Rutgers University Locations: Glen Oaks , California, United States

☆ How a New York short-seller took on one of the world's richest people, wiped out $150 billion in market value, and barely made any money
▼ + stars: | 2024-07-06 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +10 min

Read previewNate Anderson, the chief mind behind activist short-seller Hindenburg Research, has had an eventful past 18 months. AdvertisementDetailed below is the considerable back-and-forth that's taken place since Hindenburg's initial shot across the bow of Adani Group. It cited "numerous examples"of those companies funneling money through private companies owned by Adani, before cash was set to Adani's listed public companies. AdvertisementThe short-seller's investigation also found Adani's private and public companies to have "numerous" undisclosed transactions with other parties, the researchers found, which violates regulatory laws in India. Conflict over Hindenburg's short-selling arrangementIndian regulators have raised specific questions about the structure of Hindenburg's short bet on Adani Group.

Persons: —, Nate Anderson, Gautam Adani, Hindenburg, it's, Anderson, Gautam, Hindenburg's, Adani, SEC —, Kingdon, who's, he's, Nikola, Carl Icahn Organizations: Service, Hindenburg, Business, Group, Adani, Adani Group, Hindenburg Research, The Securities, Exchange Board, SEC, Kingdon Capital Management, Regulators, Lordstown Motors, Icahn Enterprises, New York Times, Times, charlatans Locations: India, Manhattan, Adani, New York

☆ Hindenburg: The short seller that took on Gautam Adani made surprisingly little money
▼ + stars: | 2024-07-02 | by ( Diksha Madhok | ) edition.cnn.com time to read: +3 min

Eighteen months on, Adani — who has denied any wrongdoing — has largely recovered from the broadside and the tiny US short seller has revealed how much it made betting against the Indian billionaire: just over $4 million. In its blistering report last year, Hindenburg had accused the Adani Group of “brazen stock manipulation” and questioned the “sky-high” valuations of the ports-to-power conglomerate’s firms. Hindenburg said it had taken a short position in the group’s companies, meaning it would benefit if their shares fell. The short seller, named after the 1937 airship disaster, said in Monday’s statement that it made just $4.1 million in gross revenue through gains related to Adani short positions from a relationship with unnamed investor and about “$31,000 through our own short of Adani US bonds.”“Net of legal and research expenses (including time, salaries/compensation, and costs for a 2-year global investigation) we may come out ahead of breakeven on our Adani short,” it added. The Adani Group immediately denounced the accusations as “baseless” and “malicious,” but failed to halt the staggering stock market meltdown that followed.

Persons: Gautam, Asia’s, Adani —, —, Hindenburg, ”, SEBI, ” Hindenburg, Mukesh Ambani Organizations: New, New Delhi CNN, Hindenburg Research, Securities and Exchange Board, ” CNN, Adani Locations: New Delhi, New York, India, breakeven, India’s

A woman walks past Bombay Stock Exchange (BSE) office in Mumbai, India, 18 July, 2022. Nurphoto | Nurphoto | Getty ImagesIndia stocks tumbled Tuesday in volatile trading, leading Asia markets lower as the country continued vote counting for its 2024 general election. The Nifty rose more than 20% last year, while the Sensex was up nearly 19% in 2023. Japan's Nikkei 225 fell 0.22% to close at 38,837.46, while the broader Topix ended 0.38% down at 2,787.48. Hong Kong's Hang Seng index was 0.12% higher, while the CSI 300 index added 0.75% to close at 3,615.67.

Persons: Narendra Modi Organizations: Bombay Stock Exchange, Nurphoto, Getty, BSE, BJP, Japan's Nikkei, CSI Locations: Mumbai, India, Asia, Australia

☆ 'Iran is in for the long haul' with oil tanker hijacks, expert says, as U.S. considers more sanctions
▼ + stars: | 2024-04-16 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

Before this weekend's tanker seizure, the last vessel Iran hijacked was the St. Nikolas on January 1. A Planet Labs satellite image of the location of the MSC Aries and other tankers recently hijacked by Iran. Planet Labs PBCAs the U.S. considers more sanctions against Iran in response to its recent attack on Israel, Iran has been using the hijacked ships as a means of sanctions retaliation. Iran chose to do this as a way to compensate for sanctions," Madani said. In a note to clients, ClearView highlighted that the House of Representatives added several Iran sanctions bills to its calendar for consideration this week, under suspension rules, including new sanctions on Iranian oil exports to China.

Persons: Nikolas, Houthis, Samir Madani, Eyal Ofer's, Madani, Janet Yellen, Helima Croft, Andy Lipow, Brent, Lipow, Kevin Book, Book Organizations: Anadolu, Getty, MSC Aries, U.S . Naval Forces Central Command, Galaxy Leader, MSC, Planet Labs, U.S . Energy Information Agency, United Arab, JPMorgan, CNBC, Lipow Oil Associates, ClearView Energy Partners, US, UN Locations: Gulf of Oman, Hormuz, Anadolu, Iran, Israel, Gaza, U.S, Iranian, Khuran, China, Russia, Malaysia, United Arab Emirates, Oman, Strait, Tehran, East, North Africa, India, Saudi Arabia, Kuwait, Iraq, France, Germany

☆ India’s Adani Green Energy Limited is building world’s biggest clean energy plant five times the size of Paris
▼ + stars: | 2024-03-19 | by ( Diksha Madhok | ) edition.cnn.com time to read: +8 min

Its clean energy unit AGEL is building the sprawling solar and wind power plant in the western Indian state of Gujarat at a cost of about $20 billion. But the tycoon has since bounced back and the group is now pouring billions into the clean energy sector. It plans to invest $100 billion into energy transition over the next decade, with 70% of the investments ear-marked for clean energy. A worker walking past rows of solar panels at the Khavda Renewable Energy Park. “[Gautam] Adani continues to walk both sides of the street,” said Tim Buckley, director of Sydney-based think tank Climate Energy Finance.

Persons: can’t, ” Sagar Adani, Adani, He’s, Gautam Adani, Punit Paranjpe, AGEL, ”, haven’t, Hindenburg’s, Gautam, Narendra Modi, Modi, Tim Buckley, ” Buckley, Paranjpe, “, that’s, ” Adani Organizations: New, New Delhi CNN —, CNN, Adani Green Energy, Adani, Khavda, Energy, Hindenburg, AGEL, Getty, International Energy Agency, Sydney, Climate Energy Finance Locations: New Delhi, Paris, Switzerland, India, Gujarat, Indian, Mundra, AFP, Pakistan, American, China, Europe, London, Africa, Australia

☆ Salesforce's behind-the-scenes co-founder is tackling Slack as software company turns 25
▼ + stars: | 2024-03-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +16 min

"The V2MOM had nothing about generative AI," Parker Harris, who co-founded the company with Benioff, told CNBC in an interview. Harris, a Salesforce board member and now the technology chief of Slack, which Salesforce bought in 2021, said he'd rather avoid the limelight. Without the Data Cloud, Harris told CNBC, "I think we would have been in a much worse place." He told Benioff he'd redo the plan, the person said. They'll be talking more frequently, as Harris said they're about to kick off weekly meetings on Slack and Salesforce integrations.

Persons: Parker Harris, Marlena Sloss, Marc Benioff, ChatGPT, Benioff, Salesforce, Harris, Slack, he'd, Sam Altman, Noah Berger, Robin, Batman, Frank Dominguez, Dave Moellenhoff, Bobby Yazdani, Larry Ellison, Yazdani, Dominguez, Brett Queener, who's, Queener, Salesforce.com, He's, Ruth Asawa, Josef Albers, Miles Davis, Donald Trump, Jason Alden, Marc, Kara Swisher, David Paul Morris, Adam Selipsky, it's, Stewart Butterfield, Lidiane Jones, Cal Henderson, Benioff's, Parker, Noah Weiss, Denise Dresser, Weiss, Parker Harris emoji, They'll, Salesforce integrations, Stefan Slowinski Organizations: Salesforce, Bloomberg, Getty, CNBC, Google, Microsoft, Middlebury College, Apple, San, San Francisco Bay Area, Metropolis Software, Software, Saba Software, Oracle, San Francisco's Telegraph, YouTube, Facebook, Economic, Salesforce.com Inc, Web, VMware, Employees Locations: San Francisco, Silicon Valley, English, Vermont, North Carolina, San Francisco Bay, Moellenhoff, Kincaid's, Burlingame, San Francisco's, Salesforce, France, Italy, Nantucket, San, Pacific, Davos, Switzerland, Cliff, New York, Las Vegas, Hawaii

☆ How can foreign investors cash in on India’s growth? Here are the ETFs and stocks to buy
▼ + stars: | 2024-03-07 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

India's economic prospects are shining bright, attracting global investors eager to capitalize on the country's immense growth potential. The International Monetary Fund expects India's real gross domestic product (GDP) to expand by 6.5% in 2024. However, tapping into these opportunities as a foreign investor is not as straightforward as buying shares listed on the Indian stock exchanges. This allows investors outside India to buy shares more easily. ADRs are a way for investors to own shares in a foreign company, with the shares themselves held by a U.S. bank.

Persons: Malcolm Dorson, Alex Watts, GDRs, Dorson Organizations: Monetary Fund, India Active, Franklin FTSE, Interactive, London Stock Exchange, Major, Nokia, Airtel Locations: India, Franklin FTSE India, U.S, Canada, Germany, France, Finnish, China, Europe

☆ Texas man guilty of making $1.8M after eavesdropping on his wife's work calls as they worked from home
▼ + stars: | 2024-02-24 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Read previewA Houston man has pleaded guilty to insider trading after he made $1.76 million in illegal profits after listening in on his wife's work calls as they worked from home. AdvertisementThe regulator said that Loudon purchased 46,450 shares of TravelCenters stock without his wife's knowledge before the deal was announced. It alleged that he "took advantage of his remote working conditions and his wife's trust to profit from information he knew was confidential." He told her he did it because he didn't want her to work long hours anymore, said the SEC complaint. The SEC noted that Loudon had not denied the allegations and had agreed to a partial judgment subject to court approval.

Persons: —, Tyler Loudon, Alamdar, Hamdani, Loudon, scrutinizing, didn't Organizations: Service, BP, Business, Securities, Exchange Commission, SEC Locations: TravelCenters, Loudon

☆ New York Gov. Kathy Hochul apologizes for using Canada-Hamas analogy in defending Israel
▼ + stars: | 2024-02-17 | by ( Zenebou Sylla | ) edition.cnn.com time to read: +2 min

Kathy Hochul has apologized for remarks made earlier this week in which she suggested that Israel has the right to destroy Gaza in response to the October 7 attacks by Hamas. “If Canada someday ever attacked Buffalo, I’m sorry my friends, there would be no Canada the next day, right, right?” Hochul said at the UJA Federation of New York lawyers division annual event, referring to her hometown. New York state Assembly member Zohran Mamdani said on social media that Hochul was “justifying genocide, while laughing. Disgusting.”New York City Council member Shahana Hanif said she would not accept Hochul’s apology. Hochul ascended to the New York governor’s office in 2021, becoming the state’s first female governor.

Persons: Kathy Hochul, ” Hochul, Hochul, Hochul’s, @GovKathyHochul, Zohran Mamdani, ”, Shahana Hanif, “, ” Hanif, Andrew Cuomo, CNN’s Kaanita Iyer Organizations: CNN, New York Gov, Democratic, Canada, UJA Federation of New, Jewish Locations: Israel, Gaza, New York City, Hamas, Canada, Buffalo, UJA Federation of New York, ”, Buffalo NY, . New York, York, New York

☆ Texas woman who threatened judge overseeing Trump’s Mar-a-Lago case sentenced to three years in prison
▼ + stars: | 2024-02-10 | by ( Josh Campbell | Rebekah Riess | ) edition.cnn.com time to read: +3 min

In the voicemails, Tiffani Shea Gish threatened to have US District Judge Aileen Cannon assassinated in front of her family for “helping” the former president, as CNN previously reported. Cannon handled the former president’s request for a special master to review documents and other items the FBI seized from Mar-a-Lago. Following her prison sentence, US District Judge David Hittner ordered Gish to serve three years of supervised release, the sentencing order reads. Federal officials have seen a dramatic increase in threats since the search at Mar-a-Lago in 2022. In another instance, a Texas woman was charged in August with threatening in a voicemail to kill the federal judge overseeing Trump’s criminal case in Washington, DC, over his attempts to overturn the 2020 election.

Persons: Donald Trump’s, Tiffani Shea Gish, Aileen Cannon, Cannon, “ Donald Trump, You’re, ” Gish, Gish, David Hittner, Hittner, Tiffani Gish, Alamdar, Hamdani, General Merrick Garland, Abigail Jo Shry, Tanya Chutkan, Trump ”, Chutkan Organizations: CNN, Houston, Office, Southern, Southern District of, of Prisons, US, Mar Locations: Florida, Southern District, Southern District of Florida, Mar, Houston, Lago, Texas, Washington , DC

HOUSTON (AP) — A Texas woman was sentenced Friday to three years in prison after pleading guilty to charges of threatening a Florida judge who is overseeing the criminal case against former President Donald Trump’s handling of classified documents. Tiffani Gish, 50, of Houston, pleaded guilty in November to threatening U.S. District Judge Aileen Cannon. The Justice Department said Gish left voicemails threatening to kill the judge while claiming to be a member of several military combat units. According to prosecutors, he also showed the documents to people without security permission and asked others to help him hide them. Photos You Should See View All 21 ImagesLast year, another Texas woman, Abigail Jo Shry of Alvin, Texas, was arrested and charged with threatening U.S. District Judge Tanya Chutkan, who oversees the federal criminal case against Trump for interfering with the 2020 election.

Persons: —, Donald Trump’s, Tiffani Gish, Aileen Cannon, Gish, Alamdar Hamdani, Heather Hughes, Cannon, Trump, Abigail Jo Shry, Tanya Chutkan Organizations: HOUSTON, U.S, The Justice Department, “, Republican, Trump Locations: Texas, Florida, Houston, Alvin , Texas

☆ Iraq Hosts Both U.S. and Iranian-Backed Forces. It’s Getting Tense.
▼ + stars: | 2024-02-07 | by ( Alissa J. Rubin | ) www.nytimes.com time to read: +1 min

For years, Iraq has managed to pull off an unlikely balancing act, allowing armed forces tied to both the United States and Iran, an American nemesis, to operate on its soil. When Washington, Tehran and Baghdad all wanted the same thing — the defeat of the Islamic State terrorist group — the relationships were fairly tenable, but in recent months, as the war in the Gaza Strip sends ripples across the region, American and Iranian-backed forces have clashed repeatedly in Iraq and Syria. A U.S. strike on one of those militias last week killed 16 Iraqis, and Iraq is saying it has had enough. “Our land and sovereign authority is not the right place for rival forces to send messages and show their strength.” the office of Prime Minister Mohammed Shia al-Sudani said in a statement on Sunday. For many years, both Iran and the United States had their proponents within the Iraqi government, and the Iranian-backed armed groups and the American troops lived in a tolerable if uneasy balance.

Persons: Mohammed Shia, Sudani Organizations: Islamic State Locations: Iraq, United States, Iran, American, Washington, Tehran, Baghdad, Gaza, Syria, U.S

☆ The red-hot health-plan business for seniors is finally cooling off
▼ + stars: | 2024-02-06 | by ( ) www.businessinsider.com time to read: +6 min

Read previewHealth insurance giant Cigna is exiting the lucrative senior business that's been a boon to insurers' bottom lines for years. It's a sign that the glory days of Medicare Advantage might be coming to an end. Cigna's senior business isn't the biggest, but it's also nothing to sneeze at. In January, Humana, the second-largest Medicare Advantage insurer with 6 million members, slashed its profit projections because of these costs. AdvertisementIn late 2023, rumors swirled that Cigna was looking to sell its Medicare Advantage plans so it could pull off a merger with Humana—the second-largest Medicare Advantage insurer.

Persons: —, that's, Cigna, it's, It's, David Cordani, Cordani, Gary Taylor, Cowen, Taylor, Dean Ungar, Humana, Ungar Organizations: Service, Health Care Service Corp, Medicare, Business, Kaiser Family Foundation, Competition, Humana, Moody's Investors Service Locations: Illinois

☆ Iraq and the U.S. begin formal talks to end coalition mission formed to fight the Islamic State group
▼ + stars: | 2024-01-27 | by ( ) www.cnbc.com time to read: +3 min

U.S. Army soldiers watch as fellow Coalition soldiers pass by near the entrance to the International Zone on May 30, 2021 in Baghdad, Iraq. The United States and Iraq held a first session of formal talks Saturday in Baghdad aimed at winding down the mission of a U.S.-led military coalition formed to fight the Islamic State group in Iraq. Iraqi Prime Minister Mohammed Shia al-Sudani said in a statement that he had sponsored "the commencement of the first round of bilateral dialogue between Iraq and the United States of America to end the mission of the Coalition in Iraq." Although all U.S. combat forces left in 2011, thousands of troops returned in 2014 to help the government of Iraq defeat IS. Iraqi officials have complained that the U.S. strikes are a violation of Iraq's sovereignty.

Persons: Mohammed Shia, Sudani, Qassem Soleimani, Abu Mahdi al Organizations: Army, Coalition, Islamic, Iranian, Israel, Popular Mobilization Forces Locations: Baghdad, Iraq, United States, U.S, Iraqi, America, Syria, Iran, Israel, Washington, Gaza

BEIRUT (AP) — The United States and Iraq held a first session of formal talks Saturday in Baghdad aimed at winding down the mission of a U.S.-led military coalition formed to fight the Islamic State group in Iraq. Washington has had a continuous presence in Iraq since its 2003 invasion. Although all U.S. combat forces left in 2011, thousands of troops returned in 2014 to help the government of Iraq defeat IS. Those estimated 2,500 U.S. troops and the bases they serve on have drawn more than 150 missile and drone attacks fired by the militias. Iraqi officials have complained that the U.S. strikes are a violation of Iraq's sovereignty.

Persons: Mohammed Shia, Sudani, ”, Qassem Soleimani, Abu Mahdi al Organizations: Islamic, Coalition, Iranian, Israel, Popular Mobilization Forces Locations: BEIRUT, United States, Iraq, Baghdad, U.S, Iraqi, America, Syria, Iran, Israel, Washington, Gaza

☆ US and Iraqi governments expected to start talks on future of US military presence in the country
▼ + stars: | 2024-01-24 | by ( Natasha Bertrand | Oren Liebermann | ) edition.cnn.com time to read: +7 min

CNN —The US and Iraq are expected to soon begin talks on the future of the US military presence in the country, according to sources familiar with the matter, amid public calls from the Iraqi government for the US to withdraw its troops. US military officials and diplomats will be involved in the discussions, officials said. The talks about the future of the US’ military presence have now taken on a greater urgency amid the wider regional instability, and amid growing public calls by the Iraqi government for the US to withdraw its troops from the country. Part of the discussions will focus on whether and when it will be feasible to end the US military presence in Iraq. “The Biden administration is not considering a withdrawal of forces from Syria,” a senior US official told CNN.

Persons: Defense Lloyd Austin, ” Austin, ”, They’re, Mohammed Shia, Sudani, ” “, “, ” Jonathan Lord, Jon Alterman, it’s, Alterman, Elena Romanowski, Biden, CNN’s Haley Britzky Organizations: CNN, Pentagon, ISIS, Defense, ”, ISIS Coalition, Higher, Commission, Center for New American Security, Iraqi Security Forces, Middle, Center for Strategic, International Studies, “ Locations: Iraq, Iraqi, Iran, Syria, ”, Iranian, Baghdad, Israel

☆ This fund scored a big win with its bet on Adani. Now, it could be pressing pause
▼ + stars: | 2024-01-18 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

Art school teacher Sagar Kambli gives final touches to a painting of Indian businessman Gautam Adani (L) highlighting the ongoing crisis of the Adani group in Mumbai on February 3, 2023. One of the biggest investors in India's Adani Enterprises says he may be done doubling down on his investment. So I don't know [if] we'll double down further," Jain said on "Street Signs Asia." I don't know whether we'll go further from here." Adani Enterprises, owned by one of India's richest men Gautam Adani, is one of the country's top three conglomerates.

Persons: Sagar Kambli, Gautam Adani, Rajiv Jain, Jain, we'll Organizations: India's Adani Enterprises, GQG Partners, CNBC, Adani Enterprises, Hindenburg Locations: Mumbai, New

☆ AI, wearables and more — these markets are booming as the world ages. The pros share 4 stock picks
▼ + stars: | 2023-12-27 | by ( Weizhen Tan | ) www.cnbc.com time to read: +6 min

"The aging population discussion in recent years has mostly revolved around future challenges to labor productivity and its economic growth implications," he said. AI, robotics and wearables The aging population stands to gain significantly from breakthroughs in robotics powered by artificial intelligence, according to Afzal. Arelis Agosto, research analyst at Global X ETFs, said wearables technology is one interesting area to invest in for the aging theme. "We view self-sustaining monitoring and therapeutic systems as the future of patient care, though it is particularly beneficial for elderly patients," Agosto said. Global X ETFs, a fund management company, offers a way to tap the aging theme through its Aging Population ETF.

Persons: Shams Afzal, There's, Afzal, Stryker, Dani Saurymper, Saurymper, Arelis Agosto, Agosto Organizations: Carnegie Investment, CNBC Pro, Stryker, EU, Longevity, Global, Carnegie, Abbott Laboratories, Agosto Locations: U.S, GLP, Agosto

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