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Chechen leader Ramzan Kadyrov has accused Russian lawmakers from neighboring regions of attempting to commission his assassination, and threatened them with a “blood feud” unless they prove otherwise, state news agency TASS reported. TASS cited Chechen-language comments by Kadyrov, a close ally of Russian President Vladimir Putin, to a meeting of Chechen security officials. In Chechnya, blood feuds are a traditional custom of extracting revenge by killing an enemy or his male relatives. Russian President Vladimir Putin and Ramzan Kadyrov visit a special forces training center in Chechnya. Putin has given Kadyrov wide latitude to run Chechnya as his personal fiefdom in return for maintaining stability in the region.
Persons: Ramzan Kadyrov, Kadyrov, Vladimir Putin, , Vyacheslav Prokofyev, Putin Organizations: Ingushetia —, Getty Locations: Dagestan, Ingushetia, Chechnya, AFP, Chechen, Russian, Ukraine
Soccer star George Baldock dies at 31
  + stars: | 2024-10-10 | by ( Amy Woodyatt | Eleni Giokos | ) edition.cnn.com   time to read: +2 min
CNN —George Baldock, a British-born soccer player who played for Panathinaikos and the Greek national football team, has died at the age of 31, Greece’s Ministry of Citizen Protection confirmed to CNN. “The preliminary investigation is being conducted by the Attica Security Directorate,” Greece’s Ministry of Citizen Protection told CNN Sport in a statement. Athens football club Panathinaikos, which signed Baldock earlier this year on a three-year contract, paid tribute to the player, writing in a statement: “We are shocked, we feel appalled by the loss of our George. “We stand with the family and loved ones of George Baldock.”Baldock represented Greece 12 times during his career. “Sheffield United Football Club is shocked and extremely saddened to learn of the passing of former player, George Baldock,” the club said in a statement.
Persons: CNN — George Baldock, Baldock, George, George Baldock, ” Baldock, … ” Baldock, Bramall Lane, Organizations: CNN, Panathinaikos, Greek national football team, Greece’s Ministry of Citizen Protection, Reuters, Attica Security, CNN Sport, Forensic Investigations, Facebook, Greek, Dons, Oxford United, Northampton Town, Sheffield United, Premier League, “ Sheffield United Football Club Locations: British, Athens, Glyfada, Attica, Greece,
Chinese automaker Chery is using Russian plants once owned by Western firms, Reuters reported. These factories were abandoned by firms such as Volkswagen and Mercedes after Russia invaded Ukraine. AdvertisementChinese automaker Chery has reportedly started manufacturing vehicles in three Russian plants that once belonged to Western firms, five people familiar with the matter told told Reuters. While Washington has worked to ostracize Moscow from the global economy, Chinese firms have filled the gap. AdvertisementThe pattern especially holds true for Chinese car products.
Persons: , Mercedes —, Mercedes Organizations: Chery, Reuters, Volkswagen, Mercedes, Service, Washington Locations: Russia, Ukraine, Moscow, Beijing, Western, China
Russia's ruble continued to sag against the dollar and the yuan, hitting its lowest level in a year. That drop comes ahead of a key US Treasury license expiring this month. AdvertisementRussia's ruble sank to its lowest level in a year against the US dollar and China's yuan this week. The ruble fell to around 97 against the dollar on Thursday, its lowest level against the greenback since October of 2023. The ruble traded around 13.72 against the yuan, also the lowest level against China's currency in a year.
Persons: Organizations: Treasury, Reuters, Service, Moscow Exchange, National Clearing Center, US Treasury Locations: Moscow, Russia, Ukraine
Barclays upgrades CVS to overweight from equal weight Barclays said the stock is a "new margin story." JPMorgan downgrades Honeywell to neutral from overweight JPMorgan said it's downgrading the stock after 15 years with an overweight rating. UBS upgrades Tronox to buy from neutral UBS said it's bullish on the chemical manufacturer. "We upgrade shares of EVGO from Neutral to Buy, following the $1.05bn DOE loan conditional commitment announced last week. "Our bullish view of AIG reflects its outsized EPS growth, lower exposure to risks facing commercial lines carriers (casualty reserves and higher cat loads), high capital flexibility, and attractive valuation."
Persons: Morgan Stanley, Goldman Sachs, Goldman, it's bullish, Jefferies, TD Cowen downgrades, Cowen, Bernstein, Brinker, Kevin Hochman, Truist, it's, BIRK, Cantor Fitzgerald, Mara, Cantor, MARA, Wolfe, Google's, Satya Nadella, Lucas Jackson Organizations: Nvidia, Netflix, Barclays, JPMorgan, Honeywell, Microsoft, UBS, TD Cowen downgrades Pepsi, U.S, Department of Energy, DOE, RBC, PayPal, Cirrus, Bank of America, underperform Bank of America, Nike, Mara Holdings, AIG, DOJ, Google, Reuters Locations: EVGO, EAT's, LHX, New York City
Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom BrennerFalling interest rates are usually good news for banks, especially when the cuts aren't a harbinger of recession. That's because lower rates will slow the migration of money that's happened over the past two years as customers shifted cash out of checking accounts and into higher-yielding options like CDs and money market funds. When the Federal Reserve cut its benchmark rate by half a percentage point last month, it signaled a turning point in its stewardship of the economy and telegraphed its intention to cut rates by another two full percentage points, according to the central bank's projections, boosting prospects for banks. The bank is expected to report $4.01 per share in earnings, a 7.4% drop from the year-earlier period.
Persons: Jerome Powell, Tom Brenner, Chris Marinac, Janney Montgomery Scott, JPMorgan Chase Organizations: Federal, Committee, REUTERS, Federal Reserve, JPMorgan Locations: Washington , U.S
The new law will raise war tax from 1.5% to 5% for residents. It comes as Ukraine seeks to bolster its finances amid its ongoing war with Russia. AdvertisementUkraine's parliament approved a war tax increase on Thursday. The new law will raise a military tax on residents from 1.5% to 5% and see corporate tax on banks' profits climb to 50% for the year. In a post on X, Zelenskyy said the trio had focused on "Euro-Atlantic integration and the military reinforcement of Ukraine."
Persons: , Yaroslav Zhelezniak, Volodymyr Zelenskyy, Yuriy Dzhygyr, Zelenskyy, Keir Starmer, Mark Rutte Organizations: Service, Verkhovna Rada's, Reuters, Russia, Defence Forces, Russian Federation, Ukraine, of, British, NATO Locations: Ukraine, Russia, Ukrainian, Ukraine's, London
Oil prices rise on Israel-Iran conflict fears and U.S. storm
  + stars: | 2024-10-10 | by ( ) www.cnbc.com   time to read: +1 min
Oil prices rose in early Asian trade on Thursday on concerns about potential supply disruptions in the Middle East, with Israel planning to strike oil-producer Iran, and on spikes in fuel demand as a major storm barreled into Florida. The world's largest oil producer and consumer has been hit by a second major storm, Hurricane Milton, which made landfall on Florida's west coast, spawning tornadoes and threatening surges of seawater. The storm has already driven up demand for gasoline in the state, with about a quarter of fuel stations selling out of supplies, which has helped support crude prices. Further underpinning prices, investors remained wary of a potential escalation in tensions between Israel and Iran, with Israeli Defense Minister Yoav Gallant promising an Israeli strike against Iran would be "lethal, precise and surprising". Even with threats to the oil-producing Middle Eastern region top of mind, weak demand continues to underpin the fundamental outlook.
Persons: Iran, Hurricane Milton, Yoav Gallant, Joe Biden, Benjamin Netanyahu, Israel's Organizations: Brent, U.S . West Texas, Israeli, U.S . Energy, Administration, Reuters, American Petroleum Institute Locations: Israel, Florida, U.S, Hurricane, Florida's, Iran, China, North America
A general view of the Shanghai Securities Exchange building is being shown in Shanghai, China, on July 16, 2024. Japan's Nikkei 225 gained 0.26% to end at 39,380.89, while the broad-based Topix rose 0.2% to close at 2,71267. Traders in Asia were assessing September data on producer prices in Japan which rose 2.8% from a year ago. Economists polled by Reuters had predicted the inflation rate would come in at 2.3%, down from 2.5% in August. The rally had been triggered by a blitz of government stimulus measures at the end of September.
Persons: Australia's, Korea's Kospi, Hong, Chetan Ahya, Morgan Stanley, Ahya Organizations: Shanghai Securities Exchange, Dow Jones, Nikkei, Traders, Reuters, Investors, Holdings, Alimentation, CSI, China's Finance, Asia Locations: Shanghai, China, SINGAPORE — Asia, Pacific, 2,71267, Asia, Japan, Beijing
Zuckerberg's reveal of Orion late last month has triggered a level of enthusiasm that's unfamiliar in the metaverse. He showed off the gadget — a pair of black, thick-framed AR glasses — to the live audience before placing it on his face. In the meantime, Meta is looking to build on the success of its second-generation Ray-Ban Meta smart glasses. The smart glasses went viral on TikTok during the holiday shopping season, and sales exceeded both companies' expectations. Meta is also opening a pop-up shop to showcase the smart glasses and to get them in front of more consumers.
Persons: Mark Zuckerberg, Manuel Orbegozo, Zuckerberg, Orion, CNBC's Julia Boorstin, Alex Heath, Pong, Ray, Meta, it's, Meta's, Oculus, Michael Abrash, Sara Nicholson, Andrew " Boz, Bosworth, who's, Joseph Bonner, Bonner, Luxottica Organizations: Meta, Reuters, Facebook, Ray, Orion, Quest, Wall, VR, Reality Labs, Labs, IDC, CNBC, . Engineers, Argus Research, EssilorLuxottica, Solutions, West Hollywood Locations: Menlo Park , California, U.S, Los Angeles, West, Southern California
Unilever sells its business in Russia
  + stars: | 2024-10-10 | by ( ) edition.cnn.com   time to read: +2 min
Unilever, owner of brands including Dove soap and Hellmann’s mayonnaise, said Thursday that it has completed the sale of its Russian business to Arnest Group, a local manufacturer of perfume, cosmetics and household products, for an undisclosed amount. The British consumer goods company said the sale includes all of its business and four factories in Russia as well as its business in Belarus. “Over the past year, we have been carefully preparing the Unilever Russia business for a potential sale. The Kremlin demands a discount of at least 50% on exit deals involving firms from what it calls “unfriendly” countries — those that have imposed sanctions against Russia. The exodus of firms from Russia has cost foreign companies more than $107 billion in writedowns and lost revenues, according to a Reuters analysis in March.
Persons: Hein Schumacher, Unilever’s, ” Schumacher Organizations: Unilever, Arnest Group, , Unilever Russia, Kremlin, Russia, Arnest, Danone Locations: Russia, Belarus, Ukraine, writedowns
The CDC randomly inspects and scores cruise ships to prevent the spread of stomach viruses. So far, in 2024, 18 cruise ships have received a perfect score. The Centers for Disease Control and Prevention randomly conducts sanitary inspections on cruise ships throughout the year. AdvertisementMSC Meraviglia is one of 18 cruise ships to have received a perfect score from the CDC so far in 2024. So far, in 2024, the CDC has inspected 116 cruise ships.
Persons: , they've, Sergi Reboredo, Florent Serfari, Norwegian Bliss — Organizations: CDC, Service, Disease Control, Royal Caribbean, Celebrity Cruises, Getty, Sanitation, Orion, Ocean Cruises, Cruise, Oceania Cruises, Seas, Caribbean International, Meraviglia, MSC Cruises, Cruises, Sky, Cruise Line, Polaris, Disney, Disney Cruise Line Locations: Norwegian
NFL Week 6 preview: Five things to watch out for
  + stars: | 2024-10-10 | by ( Andy Scholes | Ben Morse | ) edition.cnn.com   time to read: +20 min
Brad Penner/USA Today Sports/Reuters Damar Hamlin of the Buffalo Bills celebrates an interception during the second quarter against the Jacksonville Jaguars in Orchard Park, New York, on Monday, September 23. Bryan M. Bennett/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on Sunday, September 22. Caroline Brehman/EPA-EFE/Shutterstock Dallas Cowboys quarterback Dak Prescott celebrates after a touchdown during the Cowboys' 33-17 victory over the Cleveland Browns in Cleveland on September 8. Ken Blaze/USA Today Sports/Reuters Washington Commanders running back Brian Robinson Jr. breaks a tackle from Tampa Bay Buccaneers linebacker K.J. David Banks/USA Today Sports/Reuters Rhamondre Stevenson of the New England Patriots runs the ball against Cincinnati Bengals defenders in Cincinnati on September 8.
Persons: Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Zac Goodwin, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, It’s, Tom Brady, Kyle Shanahan, ” Shanahan, , it’s, Baltimore’s, Dan Quinn, Nick Wass, Joe Burrow, Lamar Jackson, Jackson, John Harbaugh, They’ve, Cam Newton, Brian Hoyer, Mac Jones, Bailey Zappe, Jacoby Brissett, Drake Maye, Caleb Williams, Bo Nix, Al Bello, Jerod Mayo, ” Mayo, Dallas, Jared Goff, isn’t, we’ll, ” Goff, Joe Sargent, Micah Parsons, Dan Campbell, Parsons, ” Campbell, he’s, Robert Saleh, Woody Johnson, Saleh, ” Johnson, Jeff Ulbrich, that’s, Aaron Rogers Organizations: CNN, Jets, Vikings, Cowboys, Steelers, Bears, Jaguars, Tottenham Hotspur, Minnesota Vikings, New York Jets, AP Buffalo Bills, Bills, Houston Texans, AP Jacksonville Jaguars, Indianapolis Colts, Green Bay Packers, Los Angeles Rams, Packers, AP Indianapolis Colts, Jacksonville Jaguars, USA, Sports, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Arizona Cardinals, Cardinals, 49ers, Getty Images Denver Broncos, Broncos, Las Vegas Raiders, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, Texans, New England Patriots, AP New York Giants, Dallas Cowboys, Giants, Reuters, Getty Images Minnesota Vikings, Getty Images Pittsburgh Steelers, Los Angeles Chargers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Cleveland Browns, NFL, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Patriots, New York Giants, São Paulo, The Eagles, Getty, Neo, Kansas City Chiefs, AP Baltimore Ravens, Arrowhead, Sunday, Eagles, Rams, Seahawks, San, Niners, NFC West, Seattle, Ravens, T Bank, NFC East, Baltimore’s, Cincinnati, Maye, Brissett, Lions, Dallas, The Cowboys, T, Detroit, Football Locations: London, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Denver, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, San Francisco, , Detroit, New York
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Close to record close for NvidiaNvidia shares have rallied 25% in the last month and are currently trading at $132.11. Former Tata Sons chairman passes awayRatan Tata, the former chairman of the Indian conglomerate Tata Sons, passed away on Wednesday, aged 86. As chairman, Tata was instrumental in spearheading over 60 global acquisitions, helping to grow the group's revenue past $100 billion during his tenure.
Persons: Ian Read, Frank D'Amelio, D'Amelio, Ratan Tata, Tata Organizations: CNBC, Dow Jones, Technology, Nasdaq, Nvidia Nvidia, Nvidia, Microsoft, Mizuho, Pfizer, Guggenheim Securities, Former Tata, Tata Sons, IA Locations: Asia, Pacific, Hong Kong, OpenAI
The U.S. dollar traded near a two-month peak against major peers on Thursday as markets grew more confident about a patient approach from the Federal Reserve to further monetary easing, even as a key inflation report loomed later in the day. The U.S. dollar traded near a two-month peak against major peers on Thursday as markets grew more confident about a patient approach from the Federal Reserve to further monetary easing, even as a key inflation report loomed later in the day. The euro languished near its lowest since Aug. 13, while against the yen, the dollar hovered close to its strongest level since Aug. 15. The dollar index was little changed at 102.86 as of 0024 GMT, sticking close to Wednesday's high of 102.93. The greenback eased 0.18% to 149.035 yen , but was not far from the overnight peak of 146.365.
Persons: Kyle Rodda, , Rodda, Mary Daly Organizations: U.S ., Federal Reserve, Reuters, U.S, CPI, Francisco Fed, Traders, New Locations: U.S
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Aug. 5, 2024. SINGAPORE — Asia-Pacific markets opened mostly higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as investors shook off geopolitical concerns. Japan's Nikkei 225 opened up 0.5%, while the broad-based Topix gained 0.4%. Traders in Asia will assess data from September on producer prices in Japan which rose 2.8% from a year ago. Hong Kong Hang Seng index futures were at 21,070, higher than the HSI's last close of 20,637.24.
Persons: Australia's, Korea's Kospi Organizations: Tokyo Stock Exchange, Japan Exchange Group Inc, Dow Jones, Nikkei, Traders, Reuters Locations: Tokyo, Japan, SINGAPORE — Asia, Pacific, Asia, Hong Kong, China, Shenzhen, Beijing
WASHINGTON — The Supreme Court on Wednesday will weigh whether inmate Richard Glossip's murder conviction should be thrown out — an unusual death penalty case in which the attorney general of Oklahoma has sided with a defendant. Oklahoma Dept of Corrections / via Reuters fileThe Supreme Court previously signaled an interest in Glossip's case by stepping in last year to prevent him from being executed. Eight states including Texas and Utah have urged the Supreme Court to uphold the Oklahoma court ruling. Utah, joined by six other states, filed a brief arguing that the Supreme Court had no business intervening in the case, which was focused on Oklahoma state law. If the court is divided 4-4, as is possible, then the state court ruling against Glossip would remain in place.
Persons: WASHINGTON —, Richard Glossip's, Glossip, Gentner Drummond, Richard Glossip, Justin Sneed, Sneed, Barry Van Treese, Drummond, Van Treese, Neil Gorsuch Organizations: Oklahoma City, Republican, Corrections, Oklahoma, Circuit, Appeals, Glossip Locations: Oklahoma, Richard Glossip . Oklahoma, Texas, Utah, U.S
Traffic flows east Tuesday along Interstate 4 as residents continue to follow evacuation orders ahead of Hurricane Milton. A motorist drives past broken utility poles downed by strong wind gusts as Hurricane Milton approaches Fort Myers, Florida, on Wednesday, October 9. Chris O'Meara/AP David Jalving throws outdoor furniture into his father's pool in Fort Myers to prepare for Hurricane Milton. Julio Cortez/AP A man clears debris left by Hurricane Helene from his home in Treasure Island, Florida, on Monday. Marta Lavandier/AP A man in Progreso boards up an apartment building to protect it from Hurricane Milton on Monday.
Persons: Vivienne Marran, , Hurricane Milton, Marran, Helene, they’ve, we’ve, “ I’ve, ” Marran, Helene –, , Holly Speckhart, Julio Cortez, , Jane Castor, you’re, ” Speckhart, Ian – Bridgit, Budd, Milton, Fort, Ricardo Arduengo, Connor Ferran, Fort Myers, Joe Raedle, Paul Hennessy, Saul Martinez, Stephen Lundgren, Doug Engle, Payton Wyse, Andrew Goncharsky, Lee, Nicolette Mariano, Kaila Jones, Yamil Lage, Damon Higgins, Ted Carlson, McKenzie, Evan Purcell, Purcell's, Anna Maria Island, Carlson, Rebecca Blackwell, Hurricane Helene, Bryan R, Smith, Matthew Dominick, NASA Aurelio Ortiz, Lorenzo Hernandez, Mike Carlson, Jose Luis Gonzalez, Reuters John Fedor, Chris O'Meara, David Jalving, Marta Lavandier, Pete, Octavio Jones, Tristan Wheelock, Gerald, Martin Zetina, Gregg Newton, ” Anna Maria Island, William Tokajer, ” Tokajer, “ We’ve, we’ll, “ we’ve, I’ve, We’ve, who’d, , “ you’ve, ” CNN’s Mary Gilbert, Rebekah Riess, Andy Rose, John Berman Organizations: Sol , Florida CNN, CNN, Hurricane, Tampa Bay, ” Tampa Fire Rescue’s, Milton, Tampa Bay Rays, Tampa Mayor, Orlando International Airport, Anadolu, Getty, Disney, Vanguard, School, Ocala, USA, Fort, Palm Beach Daily, Florida Army National Guard, Bradenton, Tampa General Hospital, NASA, International, Reuters, AP, Tampa International Airport, Bloomberg, AP Contractors, New Port Richey, AP Tropicana, Holmes Beach Police, Social, Isla del, Sunshine Skyway Locations: Sol , Florida, St . Petersburg, Gulf, Mexico, Tampa, Milton, ” Tampa, Hurricane, Ohio, Cincinnati, Sanibel, Fort Myers , Florida, Orlando, Ocala , Florida, Lee County, Fort Myers, Sebastian , Florida, Havana, Cuba, AFP, Palm Beach, Bradenton Beach, Tampa , Florida, Celestún, Port Richey , Florida, Tampa Bay, Treasure Island , Florida, St, Pete Beach , Florida, Fort Myers Beach, Progreso, New Port, St . Petersburg , Florida, Kissimmee , Florida, Florida, Isla, Isla del Sol, Holmes Beach
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Wednesday, as widely expected, but tweaked its policy stance to "neutral," opening the door for rate cuts amid early signs of a growth slowdown in the economy. The Monetary Policy Committee, which consists of three RBI and three external members, kept the repo rate unchanged at 6.50% for a tenth straight policy meeting. The committee, however, changed its policy stance to "neutral" from "withdrawal of accommodation." The MPC last changed rates in February 2023, when the policy rate was raised to 6.50%. India's overall growth slowed to 6.7% in the June quarter.
Organizations: Bank of, Global, Reserve Bank of India, Monetary, Committee, Reuters, MPC, PMI Locations: Bank of India, Mumbai, India
X can operate in Brazil again, after an August ban over noncompliance with court orders. But its return to Brazil was further delayed after the court said that X had transferred the $5 million to the wrong bank. In X's Wednesday X post, the company said that it would continue to defend free speech "within the boundaries of the law." Related storiesThe country is key to X's business — it's the sixth-largest market globally, with over 21.5 million users, Reuters reported in September. X did not respond to a request for comment sent by Business Insider outside business hours.
Persons: , Elon, Alexandre de Moraes, X, Musk, de Moraes, De Moraes, Matteo Ceurvels, eMarketer, Axel Springer Organizations: Service, Supreme, Reuters, Associated Press, Business, Business Insider Locations: Brazil, China
CNN —Long before the outer bands of Hurricane Milton lashed the Florida coast, a political battle over the massive storm was already raging. This time, partly because Trump pushed so hard to exploit last week’s Hurricane Helene for his political gain, the sparring has started early. A storm of this size could give Trump a political openingTrump has repeatedly shown there’s no situation he will not try to leverage for political gain. “I’ve had storms under both President Trump and President Biden, and I’ve worked well with both of them. Unlike Harris, Biden had kinder words for DeSantis, saying on Tuesday that the governor had been “cooperative.”“I said no, ‘You’re doing a great job, it’s all being done well, we thank you for it,’” Biden said.
Persons: CNN — Long, Hurricane Milton, Donald Trump, Trump, Helene, Kamala Harris, Harris ’, “ It’s, it’s, , ABC’s, Evelyn Hockstein, Deanne Criswell, Joe Biden, Harris, Hurricane Helene, he’s, , Biden, Brian Kemp, Sen, JD Vance, Trump’s, Jonathan Drake, He’s, Laura Ingraham, Olivia Troye, Kevin Carroll, , ” Harris, George W, Barack Obama’s, Sandy, Republican Mitt Romney, Chris Christie’s, Obama, Christie, Ron DeSantis, DeSantis, Milton, Kevin Guthrie, Doug Engle, ” DeSantis, “ I’ve, I’ve, You’re, ’ ” Biden, ” Biden Organizations: CNN, Democratic, Trump, New York, Joint Base Andrews, Reuters Government, FEMA, Central, House, Biden, Hurricane, Georgia GOP Gov, Emergency Management Agency, Republican, Fox, , Storm, New, New Jersey Gov, Florida Gov, White, Florida Division, Emergency, Florida Horse, Ocala, USA, Florida Republican Locations: Hurricane, Florida, New, Joint Base Andrews , Maryland, Germany, Angola, Georgia, Tennessee, Fayetteville , North Carolina, North Carolina, New Orleans, Coast, New Jersey, ., Ocala , Florida
Eduardo Munoz/Reuters A relief group climbs up the side of a hill as they help near Bat Cave, North Carolina, on Thursday. Jeffrey Collins/AP Len Frisbee dumps a wheelbarrow of dirt as he helps with cleanup in Hot Springs, North Carolina, on Tuesday. Gerald Herbert/AP Meta Gatschenberger surveys the remains of her collapsed house in Boone, North Carolina, on Saturday, September 28. Jonathan Drake/Reuters Floodwaters are seen in Asheville in this image released by the North Carolina Department of Transportation on Saturday. Marco Bello/Reuters In pictures: Hurricane Helene unleashes its fury Prev NextBut Vance’s remedy to the so-called weird weather is counterintuitive.
Persons: Helene, Donald Trump’s, Kamala Harris, Republican leaners, Democratic leaners, SSRS, Marjorie Taylor Greene, Trump, , Greene, , Ohio Sen, JD Vance, Trump’s, Vance, Martika Stansell, Jonathan Drake, Erik S, Eduardo Munoz, Sean Rayford, Allison Joyce, Mike Stewart, Emily Ogburn, Cody Klein, Melissa Sue Gerrits, Sam Soughail, Van Hutchins, Dennis Rector, Josh Morgan, Andy Brown, Jeffrey Collins, Len Frisbee, Jeff Roberson, Christian Monterrosa, Marco Bello, Reuters Linda Bandy, Carissa Sheehan, Kathy Kmonicek, Janice Whitley, Terry Wilson, Melinda, Kathleen Flynn, Paul Hennessy, Gerald Herbert, Elmira Glover, Joe Raedle, John Falchetto, Cassandra Randall, Jessica Downey, Greg Lovett, Hurricane Helene, Hailey Morgan, Phelan M, Megan Varner, Sarah Cribbins, Michael, Luis Santana, Miguel J, Rodriguez Carrillo, Richard Burkhart, Mike Carlson, Candice Ocvil, Jibri Tolen, Cristobal Herrera, Candace Redwine, Guy Ford, George G, Tapper, Ricardo Arduengo, Joe Burbank, Carol Poulson, Andrew West, Cynthia Centeno, Reuters Charles Starling, Stephen M, Dowell, Chandan Khanna, Thomas Simonetti, Pete Beach, Ramon Espinosa, Paola Chiomante, Tim Walz, Harris ’, fracking Harris, Harris, CNN’s Dana Bash Organizations: CNN, Gallup, Republican, Democratic, Republicans, Terrorism, Democrats, Health, Reuters Helicopters, Reuters, Getty, Homes, AP, & Sons Department, USA, New York Times, Anadolu, Workers, North Carolina Department of Transportation, . North Carolina Department of Transportation, Tampa Bay Times, AFP, East, Savannah Morning, United States Coast Guard, Walt Disney, Orlando Sentinel, Tribune, Service, Fairview Middle School, Fishel, State Emergency Operations Center, Washington Post, NOAA, Minnesota Gov, Trump Locations: Gulf of Mexico, Milton, US, Georgia, Alabama, Helene, Ohio, Canton , North Carolina, Swannanoa , North Carolina, Cruso , North Carolina, Swannanoa, Bat Cave , North Carolina, Bills, , North Carolina, AFP, Lake Lure , North Carolina, Rock , North Carolina, Barnardsville , North Carolina, Lure, Asheville , North Carolina, Marshall , North Carolina, Augusta , Georgia, Springs , North Carolina, North Carolina, Bat Cave, Morganton , North Carolina, Old Fort, Fletcher , North Carolina, Steinhatchee , Florida, Tampa , Florida, Steinhatchee, Boone , North Carolina, Asheville, ., Treasure Island , Florida, Horseshoe Beach , Florida, Boone, Valdosta , Georgia, Horseshoe Beach, Laurel, Vilas , North Carolina, Crystal River , Florida, Hurricane, Crystal River, Peachtree Creek, Atlanta, , Florida, Savannah , Georgia, Savannah, Shore, St . Petersburg , Florida, Key , Florida, Tarpon Springs , Florida, Watauga, Sugar Grove , North Carolina, Florida, Port Saint Joe , Florida, Bay Lake , Florida, St . Petersburg, Fort Myers Beach , Florida, Tallahassee, Leon County , Florida, Eastpoint , Florida, Villages, Tallahassee , Florida, Gulfport , Florida, St, Cross City , Florida, Guanimar, Cuba, Panacea , Florida, Puerto Juarez, Mexico, Clearwater , Florida, Pennsylvania
Minnesota Vikings safety Camryn Bynum celebrates after a play during a game against the New York Jets in London on Sunday, October 6. The Broncos beat the Las Vegas Raiders 34-18. Cooper Neill/Getty Images New York Jets quarterback Aaron Rodgers walks off the field after his team's loss to the Minnesota Vikings in London on October 6. Christian Petersen/Getty Images Denver Broncos cornerback Tremon Smith celebrates as a field goal attempt by New York Jets kicker Greg Zuerlein misses in the fourth quarter in East Rutherford, New Jersey, on September 29. Bryan M. Bennett/Getty Images Minnesota Vikings quarterback Sam Darnold throws the ball to tight end Johnny Mundt in Minneapolis on Sunday, September 22. The arrival of Aaron Rodgers to the New York Jets in 2023 was meant to be a game-changer for the hapless franchise.
Persons: Camryn Bynum, Steve Luciano, Keon Coleman, Eric Gay, Trevor Lawrence, David Rosenblum, Daniel Whelan, Gregory Bull, Trey Sermon, Nathan Ray Seebeck, Ka'imi Fairbairn, Deommodore Lenoir, Ezra Shaw, Riley Moss, Cooper Neill, Aaron Rodgers, Rodgers, Zac Goodwin, Jayden Daniels, Christian Petersen, Tremon Smith, Greg Zuerlein, Seth Wenig, Ja'Tavion Sanders, Germaine Pratt, Grant Halverson, Eric Murray, George Kittle, Jed Jacobsohn, Darius Slayton, Eric Kendricks, Brad Penner, Reuters Damar Hamlin, Bryan M, Bennett, Sam Darnold, Johnny Mundt, Stephen Maturen, Calvin Austin III, Brandon Sloter, John Amis, Aaron Jones, Stacy Bengs, Dak Prescotts, Allen Lazard, Alex Austin, Darnell Mooney, Matt Slocum, Patrick Mahomes, Dax Hill, Jay Biggerstaff, Deebo Samuel Sr, Ivan Pace Jr, Abbie Parr, Alvin Kamara, Kamara, Tim Heitman, Tua Tagovailoa, Tagovailoa, Jasen, Caroline Brehman, Shutterstock, Dak Prescott, Prescott, Ken Blaze, Brian Robinson Jr, K.J, Britt, Jaylen Waddle, Hill, Stephanie V, Daniels, Al Diaz, Justin Fields, Danny Karnik, Okonkwo, Tyrique Stevenson, David Banks, Reuters Rhamondre Stevenson, Jason Mowry, Andrew Van Ginkel, Vincent Carchietta, Rebecca Blackwell, Khalil Shakir, Justin Jones, Jordan Love, Brooke Sutton, São Paulo, South America Kirby Lee, Taylor Swift, Travis Kelce, Reed Hoffmann, Isaiah, Ed Zurga, Patrick Mahomes scrambles, Charlie Riedel, Justin Tucker, Lamar Jackson –, , Jackson, Sam Hubbard, Jackson’s elusiveness, Derrick Henry, Henry, Dylan Buell, John Harbaugh, , ” Harbaugh, ’ We’re, Deshaun Watson, Bowler, Watson, Timothy Nwachukwu, Kevin Stefanski, ” Stefanski, Jameis Winston, ” Watson, Robert Saleh, Nathaniel Hackett, Saleh, Jeff Ulbrich, , Woody Johnson, Kirby Lee Organizations: CNN, NFL, Kansas City Chiefs, New, New Orleans Saints, Minnesota Vikings, New York Jets, Jacksonville Jaguars, Indianapolis Colts, National Football League . Minnesota Vikings, Vikings, AP Buffalo Bills, Bills, Houston Texans, AP Jacksonville Jaguars, Jaguars, Green Bay Packers, Los Angeles Rams, Packers, AP Indianapolis Colts, USA, Sports, Reuters Houston Texans, Buffalo Bills, AP San Francisco 49ers, Deommodore, Arizona Cardinals, Cardinals, 49ers, Getty Images Denver Broncos, Broncos, Las Vegas Raiders, AP Carolina Panthers, Cincinnati Bengals, Bengals, Panthers, Getty Images Houston Texans, Jacksonville, Texans, New England Patriots, AP New York Giants, Dallas Cowboys, Giants, Cowboys, Reuters, Getty Images Minnesota Vikings, Getty Images Pittsburgh Steelers, Steelers, Los Angeles Chargers, Tennessee Titans, AP Minnesota Vikings, AP Dallas Cowboys, Baltimore Ravens, The Jets, Reuters Atlanta Falcons, Philadelphia Eagles, AP Kansas City Chiefs, Chiefs, Super Bowl, Reuters San Francisco 49ers, AP New Orleans Saints, Reuters Miami Dolphins, Reuters New York Jets, San Francisco 49ers, AP Los Angeles Chargers, Shutterstock Dallas Cowboys, Cleveland Browns, Reuters Washington, Tampa Bay Buccaneers, Buccaneers, Dade Police, Miami Herald, Tribune, Service, Atlanta Falcons, Falcons, AP Tennessee Titans, Chicago Bears, Titans, Bears, Patriots, New York Giants, São Paulo, The Eagles, Getty, Neo, AP Baltimore Ravens, Arrowhead, Ravens, Baltimore, Cincinnati, , Browns, Jets, Tottenham Hotspur, Minnesota, New York’s, Denver Broncos, Sunday New York Jets, Carolina Panthers, Miami Dolphins, Washington, Seattle Seahawks, Pittsburgh Steelers Locations: New Orleans, London, Houston, Jacksonville , Florida, Inglewood , California, Santa Clara , California, Denver, Glendale , Arizona, East Rutherford , New Jersey, Charlotte , North Carolina, Orchard Park , New York, Minneapolis, Pittsburgh, Nashville, Arlington , Texas, Philadelphia, Kansas City , Missouri, Miami Gardens , Florida, Cleveland, Tampa , Florida, Miami, Atlanta, Chicago, Cincinnati, São, South America, Ohio, Baltimore, New York
Brazil’s Supreme Court cleared X to resume service in the country Tuesday, after the social media platform reversed course and started complying with court rulings that billionaire owner Elon Musk had previously vowed to resist. Supreme Court Justice Alexandre de Moraes, who had been locked in a months-long feud with Musk, gave X the green light to resume operations in Latin America’s largest country effective immediately. In the decision, Moraes said X had met all the necessary requirements to start operating again in the country. Moraes, in his Tuesday decision, ruled that Brazil’s telecommunications regulator Anatel must work to allow X to come back online within 24 hours. A new X representative, lawyer Rachel de Oliveira Conceicao, was tapped in late September, when X also said it had started to block accounts ordered by the court.
Persons: Elon Musk, Alexandre de Moraes, Musk, Moraes, X, , ” Juscelino Filho, Luiz Inacio Lula da Silva, , Rachel de Oliveira Conceicao Organizations: Twitter, Global Affairs, Supreme, Meta Locations: Brazil’s, Brazil, Australia, United Kingdom
Logo and flags of Bayer AG are pictured outside a plant of the German pharmaceutical and chemical maker in Wuppertal, Germany. Shares of German life sciences company Bayer fell nearly 7% on Wednesday, after a U.S. court said it would review a case alleging that exposure to products of the company's Monsanto unit harmed individuals. Previously, an appeals court had overturned a $185 million award in the trial after finding flaws in the case in May, according to Reuters. Shares had tumbled more than 30% last year amid challenges including ongoing litigation over the Monsanto unit and high net debt. Bayer argues the claims relate to industrial materials which Monsanto voluntarily ended manufacture of in 1977.
Persons: Bayer Organizations: Bayer AG, Monsanto, Washington Supreme, Sky Valley Education Center, Reuters, Bayer, Appeals, U.S, Circuit Locations: Wuppertal, Germany, Washington, London, U.S, Philadelphia
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