DIRS.INFO The most relevant business & tech news

☆ Przewalski’s horse: Back from the brink
▼ + stars: | 2024-11-29 | by ( Joshua Korber Hoffman | ) edition.cnn.com time to read: +1 min

20,000 years ago, stone-age humans engraved depictions of wild horses onto cave walls. Today, only one species of wild horse remains. Known as the Przewalski’s horse, the short, stocky, zebra-like animal once roamed throughout Europe and Asia. In 1969, a Mongolian scientist made what some thought would be the last ever sighting of a Przewalski’s horse in the wild. However, over the past 40 years, the breeding of captive populations and reintroductions in Europe and Asia have brought the Przewalski’s horse back from the brink.

Persons: Nikolai Przewalski Organizations: CNN, Initiative, Prague Zoo Locations: Europe, Asia, Russian, Russia, Central Asia, Prague, Mongolian, Kazakhstan

☆ China plans to restrict exports of a critical metal. But the market isn't that worried
▼ + stars: | 2024-11-29 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

Stringer | ReutersBEIJING — China will start limiting exports of critical metal tungsten this weekend, just as alternatives to Chinese suppliers of the metal are reopening. watch nowEcclestone pointed out that tungsten prices have not reacted much to China's announcement. While China restricts tungsten exports, the U.S. increased tariffs on Chinese tungsten by 25% in September. Demand for tungsten in and outside China is expected to rise, keeping tungsten prices elevated in the near term, said Emre Uzun, ferro-alloys and steel analyst at Fastmarkets. But starting late next year, he expects increased non-China supply to help stabilize raw tungsten prices.

Persons: Stringer, —, Christopher Ecclestone, Ecclestone, Trump, Cullen, Hendrix, Almonty, Lewis Black, Jeong Kwang, Gracelin Baskaran, Emre Uzun Organizations: Reuters, —, Ministry of Commerce, U.S . Defense Department, Hallgarten & Company, Peterson Institute for International Economics, Almonty Industries, CNBC, Almonty, Bank, Center for Strategic, International Studies, South, . Geological Survey Locations: Lianyungang, Jiangsu province, China, Reuters BEIJING, U.S, South Korea, Canada, Seoul, Gangwon, Portugal, Sangdong, Kazakhstan, Australia, Spain

☆ Putin hails Trump as a 'smart and experienced person' who can bring peace to Ukraine
▼ + stars: | 2024-11-29 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

AdvertisementPutin says Trump is a "smart and experienced person" and can "come up with a solution" to the Ukraine war. In 2022, Trump also said that he "knew Putin very well" and got along "great" with the Russian leader. Russian President Vladimir Putin believes President-elect Donald Trump will be able to put an end to the ongoing war in Ukraine. The Kremlin denied the call had taken place, while a spokesperson for the Trump campaign said they "do not comment on private calls" between Trump and other foreign leaders. AdvertisementShortly after Russia invaded Ukraine in 2022, Trump called Putin's move "genius" and "wonderful."

Persons: Trump, Putin, Vladimir Putin, Donald Trump, Joe Biden's, Zelenskyy, Volodymyr Zelenskyy, Clay Travis, Buck Sexton Organizations: Putin, Business, Fox News, Washington Post, Kremlin, Trump, Biden's Locations: Ukraine, Kazakhstan, Kazakhstan's, Astana, Russia, Europe

Kyiv, Ukraine CNN —Russian President Vladimir Putin has threatened to strike Ukraine again with a new nuclear-capable ballistic missile following Moscow’s latest widespread attack on critical energy infrastructure. He also warned he would consider further launches of Russia’s new “Oreshnik” medium-range ballistic missile, first fired at Ukraine’s Dnipro region last week. A view shows a thermal power plant damaged by a Russian missile strike, amid Russia's attack on Ukraine, at an undisclosed location in Ukraine November 28, 2024. REUTERS/Gleb Garanich Gleb Garanich/ReutersA view shows a part of Russian missile at a thermal power plant damaged by Russian missile strike in an undisclosed location of Ukraine, in an undisclosed location of Ukraine November 28, 2024. He said he couldn’t tell if the blasts were from missiles or Ukrainian air defense interceptions.

Persons: Vladimir Putin, It’s, Putin, “, ”, Donald Trump, ” Putin, Gleb Garanich Gleb Garanich, Reuters Putin, Volodymyr Zelensky, German Halushchenko, Zelensky, Joe Biden, Valeriy, ” Dorotiy, Yuriy Dyachyshyn, Olha Vaynrikh, ” Turiy Organizations: Ukraine CNN —, Energy Ministry, Ukraine’s, Russia’s Ministry of Defense, REUTERS, Russian, Reuters, Energy, German, Ukrainian Interior Ministry, CNN, Getty, Kyiv, Frankivsk, Ukrainian Air Force Locations: Kyiv, Ukraine, Kazakhstan, Ukraine’s Dnipro, Western, Moscow, Russia, Russian, Dnipro, Lviv, Volyn, Rivne, Vinnytsia, Kharkiv, Lutsk, Ukraine’s Volyn, AFP, Ivano

☆ Citi upgrades Chevron, says oil giant is trading at a discount to rival Exxon Mobil
▼ + stars: | 2024-11-26 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +1 min

Oil giant Chevron's discount relative to peers has created an attractive entry point, according to Citi. Chevron is up just 7.5% year to date, lagging the S & P 500's 25% advance in that time. Rival Exxon Mobil has also outperformed Chevron, up 20% in 2024. Syme forecasts the valuation gap between Chevron and Exxon Mobil to reach "a historically wide gap" of 20% as soon as 2026. If the arbitration panel rules in favor of Exxon, Chevron's merger deal with Hess, announced earlier this year, will not close.

Persons: Alastair Syme, Syme, Hess, CNBC's Michael Bloom Organizations: Citi, Chevron, Exxon Mobil, ExxonMobil, Exxon Locations: Chevron, Guyana, Namibia, Kazakhstan

☆ Astronauts had to shut down a Russian space station module due to ‘unusual odor’
▼ + stars: | 2024-11-25 | by ( Jackie Wattles | ) edition.cnn.com time to read: +4 min

The odor — along with “droplets” the cosmonauts, or Russian astronauts, said they observed — likely resulted from “outgassing from materials inside the (Russian) Progress spacecraft,” NASA said in a statement to CNN Monday afternoon. “For any detailed information on what caused the unusual odor, please contact (Russian space agency) Roscosmos,” Humphries said. Continuing saga on the ISSNASA said in its Sunday statement that, after the Russian cosmonauts noticed the odor, they shut down the hatch that connects the 16-foot-long and 8.4-foot-wide Poisk module to the rest of the space station. The space station has hosted rotating crews of cosmonauts and astronauts — hailing from more than 20 countries — since the year 2000 in separate but connected Russian and US sections. In addition to Roscosmos, those partners include the Canadian Space Agency, European Space Agency and Japan Aerospace Exploration Agency.

Persons: “, Kelly O, Humphries, NASA’s, ” Humphries, Roscosmos Organizations: CNN, Space, NASA, Space Center, ISS, ISS NASA, Russian, Baikonur, Canadian Space Agency, European Space Agency, Japan Aerospace Exploration Agency, NASA’s Locations: Houston, Kazakhstan, Russian, Zvezda

☆ Goldman says this uranium miner could rally on nuclear demand, low geopolitical risk exposure
▼ + stars: | 2024-11-20 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Canadian uranium miner Cameco Corporation is well positioned for growth on rising demand for nuclear power in the U.S. and less exposure to global geopolitical risk, according to Goldman Sachs. CCJ YTD mountain Cameco, YTD Cameco is integrated across uranium mining, conversion and fabrication as well nuclear services through its stake in Westinghouse, Mehta wrote. Cameco is also an attractive partner for Western utilities because the company has relatively low geopolitical risk. This puts the uranium price midpoint at around $100 which is well above current spot levels of about $80 per pound, according to Goldman. Cameco is still working through the financial impact of its Westinghouse acquisition, but the miner sees a 6% to 10% growth rate over the next five years for the nuclear services company.

Persons: Goldman Sachs, Goldman, Neil Mehta, Mehta, Cameco, Grant Isaac, Isaac Organizations: Cameco Corporation, Westinghouse Locations: U.S, Canada, Kazakhstan

☆ NASA’s only visit to Uranus happened during a rare cosmic occurrence
▼ + stars: | 2024-11-16 | by ( Katie Hunt | ) edition.cnn.com time to read: +6 min

This week, researchers shared fascinating new findings on Uranus, the seventh planet from the sun, and the far side of the moon. Other worldsIllustrations depict how Uranus' magnetosphere, or protective bubble, was behaving before Voyager 2's arrival (left) and during the spacecraft's flyby (right). An unusual cosmic occurrence during the Voyager 2 spacecraft’s 1986 flyby might have skewed how scientists characterized the ice giant, new research suggests. In particular, the spacecraft’s observations of Uranus’ protective magnetosphere were wildly different from astronomers’ expectations. Fortunately, sending a dedicated mission to study Uranus in the future is a priority for NASA, according to a 2022 report.

Persons: Jamie Jasinski, paleoanthropologist Don Johanson, what’s, Lucy, Johanson, ”, afarensis, doesn’t, Bathydevius, Bruce Robison, —, Marvel, Ashley Strickland, Katie Hunt, Jackie Wattles Organizations: CNN, NASA, JPL, Caltech, Jet Propulsion Laboratory, Nature Reserve, WWF Tigers, Fund, Nature, Aquarium Research, CNN Space, Science Locations: Pasadena , California, Afar, Central Asia, Turkey, Russia, Indonesia, Kazakhstan, Caspian, Netherlands, Kuma, Kazakhstan’s Ile, California, Mt, Everest, Monterey, what’s, Iraq

☆ How Trump could exploit a looming global struggle for rare-earth minerals
▼ + stars: | 2024-11-12 | by ( Tom Porter | ) www.businessinsider.com time to read: +7 min

The power grab over rare-earth minerals in Central Asia could be among the issues he will seek to exploit. AdvertisementA power struggle over rare-earth mineralsAt stake for the US in Central Asia is not just political power but access to the region's reserves of rare-earth minerals such as uranium, lithium, and tantalum. Rare-earth minerals are needed to make all sorts of products, from F-35 stealth fighters and smartphones to internet fiber-optic cables and MRI machines. It produces around 60% of the world's rare-earth minerals and processes nearly 90%, according to the Center for Strategic and International Studies. "There are rare-earth minerals worth exploring/exploiting, and if the US/EU could strike a major deal with [Kazakhstan's capital] Astana, this would certainly contribute to breaking China's monopoly," said Wolff.

Persons: Donald Trump, —, Vladimir Putin, Xi Jinping, Xi, Putin, he'd, Wilder Alejandro Sánchez, ALEXANDER RYUMIN, Emmanuel Macron, Olaf Scholz, John Herbst, Stefan Wolff, Wolff, Herbst, Trump Organizations: Service, Putin, The Republican, Biden, Getty Images, Center for Strategic, International Studies, University of Birmingham, BI, Trump, EU, Astana, Central Asia Summit, Getty Images Central, Central, China Locations: Russia, China, Central Asia, Mongolia, Saudi, Getty Images China, Kazakhstan, Uzbekistan, Xian, Shaanxi, FLORENCE, Ukraine, Soviet Union, Washington, Moscow, Beijing

☆ Young Chinese are ditching planes to travel long distances by train and bus. Meet the ‘iron butt’ travelers
▼ + stars: | 2024-11-08 | by ( Chris Lau | Joyce Jiang | ) edition.cnn.com time to read: +7 min

A growing group of Chinese travelers are now turning to extreme forms of transportation for their vacations. They call themselves “iron butt” travelers – inspired by the amount of time they spend traveling on uncomfortable seats that make flesh start to feel like metal. Iron butt travel lets me visit more places for less money,” another self-identified “iron butt” traveler, 27-year-old Peng Fei, told CNN. But that doesn’t mean he and his fellow “iron butt” travelers have to compromise the fun. Now, though, iron butt travelers are redefining – or perhaps gentrifying – this form of travel.

Persons: Hong Kong CNN — Lin En, Lin, isn’t, Lin En, Peng Fei, ‘, ”, I’d, “, Lin En's, Lin En, Peng, “ I’ve, They’re Organizations: Hong Kong CNN, CNN, Tibet Autonomous, United Arab Emirates Locations: Hong Kong, Xinjiang, China’s, Astana, Kazakhstan’s, China, Kazakhstan, Laos, Kunming, Huay, Thailand, Myanmar, megacities, Beijing, Shanghai, Lhasa, Tibet, Tibet Autonomous Region, Guangzhou, Central Asia, Europe, Turkey, Armenia, Georgia, Uzbekistan, Tibet Autonomous, Egypt

☆ Almaty, Kazakhstan: How a drab Soviet metropolis became Central Asia’s capital of cool
▼ + stars: | 2024-11-08 | by ( Joe Yogerst | ) edition.cnn.com time to read: +11 min

Almaty, Kazakhstan CNN —Several cities around the globe have reinvented themselves in recent years, but none more successfully than Almaty. Since the collapse of the USSR, Kazakhstan’s largest city (population 2.2 million and growing) has evolved from a drab, run-of-the-mill Soviet metropolis into the urban star of Central Asia. “It’s an incredibly livable city,” says long-time American resident Dennis Keen, a historic preservation advocate and founder of Walking Almaty. Over and underground artThe Abilkhan Kasteev State Art Museum is filled with more than 20,000 works of art. Other good collections include the Ihlas Museum of Folk Musical Instruments (in a Russian-style wooden mansion built in 1908) and the ethnographic artifacts of the Almaty Museum.

Persons: It’s, “, ”, Dennis Keen, ” Keen, “ It’s, Jama Nurkalieva, Charles O, Cecil, Alamy, Auyl, James Talalay, Lukas Bischoff, Keen, Roshcha Organizations: Kazakhstan CNN, Walking, Central, Cathedral, Astana, Tselinny Center of Contemporary, Dynamo, Prix Versailles, Park, Art, Louvre, Art Museum, Ihlas Museum, Folk, Almaty Museum, Eiffel, of Contemporary, Academy of Science, Turkish Airlines, Air Astana, Ritz, Carlton Locations: Almaty, Kazakhstan, USSR, Kazakhstan’s, Central Asia, Walking Almaty, “, Central Asian, China, Europe, Russian, Soviet Union, Shan, Lower Kolsai Lake, There’s, Soviet, Zholy, Almaty Metro, Almaly, Auezov, Istanbul, Beijing, Seoul , New Delhi, Bangkok, Arasan, Otrar, Lanzhou, Novotel, Darejani, Ascension

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Meta, Roblox, Peloton, Charter, Walmart, Berkshire Hathaway & more
▼ + stars: | 2024-11-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Morgan Stanley reiterates Apple as buy Morgan Stanley said it's sticking with the stock following the release of the company's annual 10-K analysis. " Morgan Stanley reiterates Amazon as overweight Morgan Stanley raised its price target on Amazon to $230 per share from $210. Morgan Stanley upgrades Entergy to equal weight from underweight Morgan Stanley said the energy company's outlook has improved. " Morgan Stanley upgrades Roblox to overweight from equal weight Morgan Stanley said in its upgrade of the stock that it sees a long runway for growth. " Morgan Stanley downgrades STMicroelectronics to underweight from equal weight Morgan Stanley said it sees too many headwinds from the semis manufacturer.

Persons: Berkshire Hathaway, Price, Morgan Stanley, Apple, Goldman Sachs, Goldman, it's bullish, Rollins, William Blair, TSMC, Bernstein, Trip.com, Morgan Stanley downgrades STMicroelectronics, Hollister comps, Peter Stern, D.A, Davidson, AAPL Organizations: UBS, Berkshire, Citi, Apple, PlayStation, Barclays, Blackwell, Tencent, Entertainment, Trip.com, Bank of America, Inc, KeySight, Qs, Abercrombie & Fitch Citi, of America, " Bank of America, Meta, Walmart Locations: Kazakhstan, LA, China

☆ China's Premier Li Qiang to speak at import expo in Shanghai
▼ + stars: | 2024-11-03 | by ( ) www.cnbc.com time to read: +1 min

Li Qiang, China's premier, delivers a special address on the opening day of the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. China's Premier Li Qiang will deliver remarks at the opening ceremony of this week's China International Import Expo, the Chinese commerce ministry said on Sunday, as Beijing seeks to show the faltering economy is open for business. Leaders from Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia and Serbia are among those expected for the opening ceremony and other events at the seventh import expo, which runs from Tuesday to Saturday in Shanghai, the foreign ministry said. Launched by President Xi Jinping in 2018, the expo this year is an opportunity to showcase China's opening up and reform agenda, as the world's second-largest economy faces growing global trade barriers and domestic challenges. The European Union plans to send representatives to the country soon for more negotiations regarding price commitments in their ongoing EV tariff dispute.

Persons: Li Qiang, Xi Jinping Organizations: Economic, China, European Union Locations: Davos, Switzerland, China, Beijing, Malaysia, Uzbekistan, Slovakia, Kazakhstan, Mongolia, Serbia, Shanghai, United States, Europe

CNN has reached out to Terada for comment on the R-FBI’s role in Russian disinformation efforts, and ties to the state. Storm-1516 and R-FBI network members have spread at least 54 different disinformation narratives online since August 2023, according to Clemson and CNN’s analysis. “Does anyone believe that an American would be the spearhead of what some call the biggest Russian Disinformation operation since the cold war? TelegramAnother prominent figure in propagating Russian disinformation is American Tara Reade, a former Senate staffer who in 2020 accused then-presidential candidate Joe Biden of sexual harassment. The links between Terada’s group and other Russian disinformation efforts are at best opaque, which is likely no accident.

Persons: –, Yevgeny Prigozhin, Wagner, Mira Terada, Kamala Harris, Tim Walz, Harris, Walz, Morgan Finkelstein, “ Vladimir Putin, Donald Trump, Trump, ”, Win McNamee, ” Darren Linvill, Patrick Warren, “, Biden, Warren, Kamala, Influencers, John Mark Dougan, Dougan, he’s, Andrew Harnik, MAGA, IMbaMm8YVF, Darren Linvill, Linvill, ” Clemson, Maxim Shugaley, Terada, Vladimir Putin’s “, ” Prigozhin, Konstantin Pridybaylo, Ruslan Ostashko, Colin Gerard, Gerard, Alexander Dugin, picturing, Tara Reade, Joe Biden, Reade, ” Chay Bowes, Simeon Boikov, podcaster, Bowes, ” Warren, Sean Lyngaas, influencers Organizations: CNN, Clemson University’s, Russian Foundation, FBI, Storm, Democratic, Minnesota Gov, Clemson, Getty, NBC, Wired, Prigozhin’s, Internet Research Agency, Miami Chronicle, Boston Times, DC, IRA, Russian, Gov, National Intelligence, US State Department, Minnesota, Apple, Trump, Infrastructure Security Agency, ’, Federal Bureau, Investigation, Kremlin, Wagner Group, US Justice Department, ANO Dialog, BRICS Journalists Association, Washington Post, Center, Forensics Locations: Russian, Ukraine, West, San Francisco, Zambia, Savannah , Georgia, ”, “, American, Zambian, St . Petersburg, Florida, Moscow, Russia, Kazakhstan, Minnesota, Philadelphia , Pennsylvania, Bucks County , Pennsylvania, Bucks County ,, French, Irish, Sydney, European

☆ Prince William’s Earthshot Prize reveals celebrity line-up for awards night
▼ + stars: | 2024-10-25 | by ( Kathy Rose Obrien | Lauren Said-Moorhouse | ) edition.cnn.com time to read: +3 min

CNN —Emmy, Grammy, and Tony award-winning, American actor Billy Porter and celebrated South African television presenter Bonang Matheba have been tapped to host the fourth annual Earthshot Prize Awards in South Africa on November 6. The Earthshot Prize is an ambitious environmental initiative founded by Prince William back in 2020 that seeks to offer green solutions to some of the world’s most pressing problems. Billy Porter, pictured on stage during the 2023 Tribeca Festival last June, will co-host this year's Earthshot Awards ceremony with South African TV presenter Bonang Matheba in Cape Town on November 6. Cindy Ord/Getty ImagesThe 15 Earthshot Prize finalists hail from six continents, with France, Ghana, Indonesia, Kazakhstan and Nepal all having teams in contention for the first time. Earthshot Week runs November 4 to 7, culminating with the Earthshot Prize Awards on November 6.

Persons: Tony, Billy Porter, Bonang Matheba, Prince William, Porter, ”, “, ” Matheba, –, Davido, Diamond Platnumz, Lebo, Uncle Waffles, Cindy Ord, Prince, Wales, José Andrés, Queen Rania, Jordan, David Attenborough, Heidi Klum, Nina Dobrev, Winnie Harlow, Tobe Nwigwe Organizations: CNN, South, Choir, Getty, YouTube, Earthshot, CNN’s Royal Locations: American, South Africa, Cape Town , South Africa, Tanzanian, African, Cape Town, France, Ghana, Indonesia, Kazakhstan, Nepal

☆ The Caspian Sea, the planet’s largest lake is shrinking fast. Experts fear it may never recover.
▼ + stars: | 2024-10-24 | by ( Laura Paddison | ) edition.cnn.com time to read: +8 min

CNN —There’s a spot on the shoreline from where Azamat Sarsenbayev used to jump into the brackish, blue-green Caspian Sea. Azamat SarsenbayevThe Caspian Sea is the planet’s largest inland sea and it’s largest lake, an enormous body of water roughly the size of Montana. NASAOver many thousands of years, the Caspian Sea has swung between highs and lows as temperatures fluctuated and ice sheets advanced and retreated. Their pupping sites in the shallower northeastern Caspian Sea are shifting and disappearing, as the animals also struggle against pollution and overfishing. Scientists counted 25,000 at one haul-out site on the Durnev Islands in the northeast Caspian Sea in 2009.

Persons: CNN —, Sarsenbayev, ”, Javanmardi, Azamat, Vali Kaleji, Matthias Prange, ” Prange, Joy Singarayer, Muhammed Enes Yildirim, Hossein Beris, University of Tehran’s Kaleji, ” Singarayer, ” Wesslingh, It’s, Kazbek Basayev, Reuters It’s, Assel Baimukanova, Kaleji, Aziz Karimov, Ilham Aliyev Organizations: CNN, NASA, Central, Caucasian Studies, University of Tehran, University of Bremen, University of Reading, Getty, University of Tehran’s, Reuters, Institute of Hydrobiology, “, Caspian, United Nations Locations: Aktau, Kazakhstan, Iranian, Rasht, Montana, Iran, Azerbaijan, Russia, Turkmenistan, Central Asia, Aral, Uzbekistan, Germany, Anadolu, Galugah, Mazandaran province, Makhachkala, Baku, COP29, ”

☆ Lonely Planet’s top places to go in 2025
▼ + stars: | 2024-10-23 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +5 min

CNN —Grab your passport and your sunscreen, Lonely Planet has just revealed its 30 must-visit destinations for 2025 as well as a brand-new rundown of top 10 travel trends. Cameroon, Lithuania and Fiji got nods as country destinations and Chiriqui in Panama and Valais in Switzerland were classed as regions with rizz. For cities, “number one on the list this year is Toulouse, France,” Nitya Chambers, Lonely Planet’s SVP, content and executive editor, tells CNN. Train-hopping is the top travel trend identified by Lonely Planet in this 15th edition of its best-selling “Best in Travel” book. Christopher Horsley/Getty ImagesLocal flavors and outdoor adventureThe northern Thai city of Chiang Mai weaves into Lonely Planet’s local flavors travel trend.

Persons: ” Nitya Chambers, It’s, Chambers, ”, Christopher Horsley, Chiang Mai, “, rawness, it’s, –, Justin Foulkes, Bulgaria Chiang Mai Organizations: CNN, Lonely Planet’s, Lonely, Getty, Sustainable Development, ”, Regions, Cities, Brazil Palma de Mallorca, Cameroon Lithuania Fiji Laos Kazakhstan Paraguay Trinidad & Tobago Vanuatu Slovakia Armenia Regions Low, Coastal Locations: Bansko, Bulgaria, Osaka, Japan, Edmonton, Canada, Cameroon, Lithuania, Fiji, Chiriqui, Panama, Valais, Switzerland, Toulouse, France, Puducherry, Pondicherry, Chennai, Vanuatu, Ambrym, Christopher, Thai, Pacific Islands, England, East Anglia, Turkey, Giresun, Coastal Georgia, Cities Toulouse, France Pondicherry, India Bansko, Thailand Genoa, Italy Pittsburgh, USA Osaka, Japan Curitiba, Brazil, Spain Edmonton, Cameroon Lithuania Fiji Laos Kazakhstan Paraguay Trinidad & Tobago Vanuatu Slovakia, Nepal Chiriqui, Panama Launceston, Valley, Australia Valais, Turkiye Bavaria, Germany, Anglia, Hood, Columbia, Oregon

☆ Fund manager picks a lesser-known global tech stock trading at a 'fraction' of the Mag 7
▼ + stars: | 2024-10-23 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +2 min

Investors should look beyond the so-called "Magnificent Seven" and identify "country winners" in tech outside the U.S., according to one hedge fund manager. Beeneet Kothari, CEO and principal portfolio manager at the U.S.-headquartered hedge fund Tekne Capital Management, said there are global tech stocks that also make good investments right now. "Our view is that there is a Magnificent Seven set of companies in each of the major economies in the world [which] you can buy for a fraction of the value," he told CNBC Pro earlier this month. The Magnificent Seven stocks — Alphabet , Amazon , Apple , Meta Platforms , Microsoft , Nvidia and Tesla — have dominated investor interest in tech over recent years. Kaspi Among the stocks Kothari is betting on is the Kazakhstan-headquartered fintech Kaspi .

Persons: Beeneet Kothari, Kothari Organizations: Capital Management, CNBC Pro, Apple, Microsoft, Nvidia, Tesla, Kazakhstan Stock Exchange, American Locations: U.S, Kazakhstan, Silicon Valley

Karnal, India CNN —The sun blisters the arid ground in Karnal, a district in India’s northern Haryana state, where empty houses stand testament to an acute problem that’s driving some residents to take unimaginable risks. Ankit Chaudhary says he paid an agent to help him take the 'donkey route' into the US but lost his money. His account matched that of another smuggling agent CNN spoke to in Haryana. But even if Trump wins the November election, smugglers CNN spoke to in India predict an eventual revival of the “donkey” route. “In my opinion the donkey route will never completely stop,” said the first agent.

Persons: ”, Ankit Chaudhary, ” Chaudhary, Narendra Modi, “ Viskit, ” Modi, “, Bharat, Chaudhary, Rajeev Kumar, Malkeet, ” Kumar, Young, Muzaffar Chishti, ” Chishti, ” Ankush Malik, Malik, They’ve, Chishti, ‘, ’, Frederic J . Brown, CNN's Ivan Watson he's, Trump, we’re, ” Trump, Kamala Harris, Gary Coronado, ’ Kumar, Kumar Organizations: India CNN, USA, CNN, US, Pew, India’s Ministry of Labour, Employment, Panama City, International Labour Organization, Migration, Institute, Biden, YouTube, Customs, Border Protection, Justice Department, Biden Administration, Border Patrol, Migrants, Getty, White, Democratic, Trump, Immigrants, Border, Los Angeles Times, El Locations: Karnal, India, India’s, Haryana, United States, Latin America, Mexico, El Salvador, Mator, Kaithal, New Delhi, Dubai, Almaty, Kazakhstan, Turkey, Istanbul, Panama, San Salvador, Guatemala, New York, Qatar, Amsterdam, Springs , California, AFP, San Diego, South Asia, September’s

☆ The West is trying to starve the wrong part of Russia's war machine, defense experts say
▼ + stars: | 2024-10-20 | by ( Michael Peck | ) www.businessinsider.com time to read: +8 min

Russian artillery depends on a complex supply chain vulnerable to sanctions, defense experts say. Each company has its own supply chain of subcontractors, such as factories that make special steel. Current Western sanctions tend to be too broad and sporadic to cripple Russian defense production. A better approach would be a mixture of economic sanctions and diplomatic pressure focused on Russia's artillery supply chain, concluded the report. AdvertisementNonetheless, sanctions might ultimately prove to be a more effective approach than trying to destroy Russian artillery in combat.

Persons: —, Charly TRIBALLEAU, RUSI, NIMI Bakhirev, Reich, Michael Peck Organizations: Service, Royal United Services Institute, Scranton Army, Plant, Getty, Burevestnik Research, NATO, Allied, Germany, Central, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, Ukraine, Donetsk, British, Soviet, Scranton, Pennsylvania, AFP, China, Germany, South Korea, Italy, Japan, Taiwan, Yekaterinburg, Volgograd, Perm, Nizhny Novgorod, Uzbekistan, Kazakhstan, Kazakh, Turkey, Forbes

☆ Khashayar Javanmardi documents environmental decay on Caspian Sea
▼ + stars: | 2024-10-18 | by ( Zoe Whitfield | ) edition.cnn.com time to read: +7 min

CNN —Moving from Tehran to the more northerly lakeside city of Rasht aged 13, Khashayar Javanmardi’s youth was punctuated by weekends and extended holidays on the Iranian coastline of the Caspian Sea. “As an artist, I’ve always wanted to be an honest witness.”Locals call it the lake "Mother Caspian." Khashayar Javanmardi 2024 courtesy Loose JointsThe book oscillates between landscapes, portraits and the quiet scenes that fit somewhere in the middle. Khashayar Javanmardi 2024 courtesy Loose Joints“A question that I asked people was, ‘what is the role of the Caspian in your life?’,” said Javanmardi, who began working on the project at Iran’s Anzali Lagoon. Khashayar Javanmardi 2024 courtesy Loose JointsDespite the recklessness of higher political powers, during his travels Javanmardi found a sense of community in the people he met.

Persons: Khashayar, reminisced, Javanmardi, ”, I’ve, Nathalie Herschdorfer, Caspian, ‘, ’, “, ” Javanmardi, “ I’ve, — Organizations: CNN, UN, Elysée Museum, Environment Department Locations: Tehran, Rasht, Europe, Asia, Iran, Russia, Azerbaijan, Kazakhstan, Turkmenistan, Lausanne, Switzerland, Ukraine, Kiashahr Port

☆ How Saudi Arabia could create a crisis for Russia's economy
▼ + stars: | 2024-10-13 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

One analyst suggests the market could see a repeat of the 2020 oil price war. AdvertisementRussia's wartime economy could face a tougher time securing needed oil revenue if Saudi Arabia tanks global crude prices. "Saudi Arabia is fed up," Simon Henderson, director of the Bernstein Program on Gulf and Energy Policy at The Washington Institute, told Business Insider. However, some kind of confrontation with Saudi Arabia may be stirring. "Unlike Saudi Arabia, its oil is not cheap to extract, making it poorly equipped to deal with low-price conditions.

Persons: —, Luke Cooper, hasn't, Simon Henderson, Bernstein, it's, Henderson, Vladimir Putin, Alexander Novak, Cooper Organizations: Service, Organization of Petroleum, Russia, London School of Economics, Financial Times, Gulf and Energy, The Washington Institute, OPEC Locations: Saudi Arabia, Russia, Riyadh, Ukraine, Gulf, Moscow, Iran, Kazakhstan

☆ Oil pares gains after strongest weekly rise in over a year
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: +2 min

Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid mounting threats of a region-wide war in the Middle East. "However, the oil market will likely continue to face upside pressure due to fears of Israel's retaliation response to Iran. Despite the rally in oil prices last week, the impact of this conflict on oil supply will be relatively small, said ANZ Research in a Monday client note. "We see a direct attack on Iran's oil facilities as the least likely response among Israel's options. "Moreover, we have seen a diminished impact of geopolitical events on oil supply.

Persons: Brent, Tina Teng Organizations: Brent, . West Texas, ANZ Research, OPEC Locations: Iran, Israel, Lebanon, Gaza, Haifa, Russia, Kazakhstan, OPEC

☆ ‘Never a boring moment:’ The couple who left Canada to live in former Soviet Central Asia
▼ + stars: | 2024-10-03 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +10 min

New adventureThe couple lived in Nukus, the sixth-largest city in Uzbekistan, for four years. “It’s difficult sometimes, to get back to normal living,” Zora says of their desire to keep moving from place to place. But it’s also a wonderful city with beautiful architecture.”When asked of her favorite thing about living in Uzbekistan, Zora says that this was undoubtedly her students. When asked what she missed about living in Canada, Zora confesses that going to see blockbuster movies that aren’t dubbed over was high up there on the list. Although they will be returning to Canada briefly, Zora says they have no intention of remaining there permanently.

Persons: Zora, Dave Keffer, ”, they’d, “, ” Zora, Dave, Zora Keffer, “ It’s, “ There’s, can’t, it’s, Nukus, Zora Keffer Zora, you’ve, Khiva, ” Zora’s, “ You’ve, “ That’s, we’ll Organizations: CNN, United, United Arab Emirates, Uzbekistan –, ”, Google Locations: United Arab, Canada, Central Asia, Kazakhstan, Uzbekistan, Soviet, West, Czechoslovakia, Nukus, Kuwait, mull, – Nukus, Russia, Ukraine, Tashkent, Samarkand, Bukhara, Khiva, North America, “

☆ Saudi minister says crude prices could fall 33% if OPEC members don't stop pumping so much
▼ + stars: | 2024-10-02 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

Saudi Arabia's oil minister says crude prices could fall as low as $50 per barrel. AdvertisementSaudi Arabia's oil minister says oil prices could fall as low as $50 per barrel if OPEC+ keeps overproducing, according to a Wall Street Journal report. $50 per barrel oil would drag Brent crude, the international benchmark, down 33% from current levels. The Saudi minister called out Iraq, which surpassed its quota by 400,000 barrels per day in August, according to S&P Global Ratings data. The OPEC leader caused prices to fall below $10 per barrel in 1986 after boosting output to penalize other producers.

Persons: —, Prince Abdulaziz bin, Brent, That's Organizations: Service, Wall, Financial Times, OPEC Locations: Saudi, Lebanon, Iran, Kazakhstan, Riyadh, Iraq, Saudi Arabia, OPEC

Search resuls for: "Kazakhstan"

25 mentions found