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☆ Stellantis to sell, shutter large testing facility amid cost-cutting efforts
▼ + stars: | 2024-10-18 | by ( Michael Wayland | Robert Ferris | ) www.nbcnews.com time to read: +4 min

DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, CNBC has learned. The Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona. As of July 2019, the operations employed 69 people, including workers represented by a local chapter of the UAW, according to the automaker. Stellantis plans to use a proving grounds in Arizona owned by Toyota Motor beginning next year, according to two people familiar with the decision. Stellantis’ other major U.S. proving grounds facility is a 4,000-acre campus located west of Detroit in Chelsea, Michigan.

Persons: Carlos Tavares, Stellantis, “ Stellantis, ”, Gretchen Whitmer, Tavares ’ Organizations: DETROIT, CNBC, Atlantic, Wall Street, United Auto Workers, Chrysler, Ford Motor, UAW, Toyota Motor, Toyota, Stellantis, Michigan Gov, General Motors, Ford, Bloomberg Locations: Arizona, Phoenix, Las Vegas, Yucca , Arizona, Detroit, Chelsea , Michigan, Auburn Hills , Michigan, North America, Brazil, India, Mexico, U.S, Europe

The Justice Department, in an 18-page indictment Thursday, charged Vikash Yadav, 39, with three counts of murder-for-hire and money laundering. Federal prosecutors said Yadav was a “senior field officer” for New Delhi. Their New York target was an attorney and political activist who is a U.S. citizen of Indian origin, prosecutors said. Nijjar was also mentioned as a target by Yadav and was an associate of the activist he plotted to assassinate in New York, the Justice Department release said. Yadav was employed by India’s Cabinet secretariat, which also houses the country’s foreign intelligence wing, the Research and Analysis Wing, the Justice Department indictment said.

Persons: Vikash Yadav, Yadav, ”, Nikhil Gupta, Gupta, Yadav “, Christopher Wray, “, Matthew Miller, Hardeep Singh Nijjar, Nijjar, Gurpatwant Singh Pannun, ” Miller, Prosecutors, Narendra Modi’s, Matthew G, Olsen Organizations: DELHI, The Justice Department, New Delhi, FBI, U.S, Department, Indian Government, ”, ., The, DOJ, Associated Press, AP India, “, State Department, U.S ., Research, Embassy, India’s Ministry, Affairs, Drug Enforcement Administration, Indian, Justice Department’s National Security Division Locations: U.S, New York City, New, India, York, Czech Republic, Washington, Canada, Nijjar, New York, Indian, “ Canada, New Delhi, United States

☆ Bangladesh tribunal issues arrest warrant for former leader Sheikh Hasina
▼ + stars: | 2024-10-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

DHAKA, Bangladesh — Bangladesh’s International Crimes Tribunal on Thursday issued an arrest warrant for former Prime Minister Sheikh Hasina, currently in India, citing her alleged involvement in mass killings during violent protests that erupted earlier this year. The violence ultimately forced Hasina to flee to India on Aug. 5, and an interim government led by Nobel Peace Prize laureate Muhammad Yunus took charge. The tribunal’s proceedings, presided over by Justice Golam Mortuza Majumdar, saw prosecutors request arrest warrants for 50 individuals, including Hasina. “In the interest of a thorough investigation, we applied for an arrest warrant. The court granted our petition and ordered the arrest of former Prime Minister Sheikh Hasina.

Persons: Sheikh Hasina, Hasina, Muhammad Yunus, Justice Golam Mortuza Majumdar, “, Mohammad Tajul Islam, ”, Hasina’s, Sajeeb Wazed, Mohammad Touhid Hossain Organizations: Bangladesh’s, Peace, Awami League, Reuters Locations: DHAKA, Bangladesh, India

☆ An apparent bomb threat saw over 200 Air India passengers stranded in Canada's freezing remote north before the air force picked them up
▼ + stars: | 2024-10-18 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

An Air India flight to Chicago diverted due to what a Canadian minister said was a bomb threat. The Canadian Air Force flew passengers to Chicago, landing 24 hours later than initially expected. AdvertisementHundreds of Air India passengers caught a flight with the Royal Canadian Air Force after the Boeing 777 they were on was diverted due to an apparent bomb threat. The bad news is there was a bomb threat on an Air India flight and an emergency landing. Air India said that over 18 hours after landing in Iqaluit, a Canadian Air Force plane took off to take passengers to Chicago.

Persons: —, Harjit Sajjan, zyYdqcA33j, Robin Debreuil Organizations: Air, Boeing, Canadian Air Force, Service, Air India, Royal Canadian Air Force, Preparedness, Air France Boeing Locations: Air India, Chicago, Canadian, Iqaluit, Canada's Nunavut, Air, Delhi, Greenland, Flightradar24, Canada's, Nunavut, ❤️, India, Air France

☆ The New York Times News Quiz, Oct. 18, 2024
▼ + stars: | 2024-10-18 | by ( ) www.nytimes.com time to read: 1 min

Canada and India each expelled diplomats from the other country this week. The rift between the two nations, which were once friendly, began last year, after Canada accused India of what?

Locations: Canada, India

☆ Netflix just had a blockbuster quarter, and its Asia strategy had a big role to play in it
▼ + stars: | 2024-10-18 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +4 min

At 19%, Asia Pacific had the largest revenue growth rate of all regions this quarter. Local content strategy and investment in original content is boosting Netflix's competitive edge. Company executives and industry experts say growth in Asia had a role to play as well. Revenue growth in North America and Europe, Middle East, and Africa was tied at 16% each. 'Persistence in Asia'Some industry experts who reacted to Netflix's earnings also pointed to its local content creation strategy.

Persons: —, You've, Gregory Peters, Ben Silverman, Silverman, It's, Dan Da Dan Organizations: Netflix, Service, Company, Asia, CNBC, Media Partners Locations: Asia Pacific, Asia, Japan, Korea, Thailand, India, North America, Europe, Middle East, Africa

☆ Half of all global food threatened by growing water crisis, report says
▼ + stars: | 2024-10-17 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com time to read: +3 min

“The global water crisis is a tragedy but is also an opportunity to transform the economics of water — and to start by valuing water properly so as to recognize its scarcity,” said Ngozi Okonjo-Iweala, Director General of the World Trade Organization and one of the commission’s co-chairs in a statement. With nearly three billion people already in areas experiencing unstable water trends and several cities sinking due to the loss of below-ground water, densely populated areas such as northwestern India, northeastern China and southern and eastern Europe will bear the brunt of global water mismanagement, the report says. “The global water crisis is a ticking time bomb. Even so, a lack of public funds being devoted to water issues by lawmakers around the world will do little to solve the problem. Governments “can’t even react to the symptoms of the water problem, let alone solve the problems if they’re being fiscally strangled,” said UCL's Mazzucato.

Persons: ”, Ngozi, Mariana Mazzucato, we’ve, Mazzucato, Tim Wainwright, “, they’re, UCL's Mazzucato Organizations: World Trade Organization, University College London Institute for Innovation, Purpose, NBC News, OECD, United Nations Locations: India, China, Europe, Netherlands

☆ India’s alleged interference in Canada was ‘a horrific mistake,’ Trudeau says
▼ + stars: | 2024-10-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

OTTAWA, Canada — Canadian Prime Minister Justin Trudeau said Wednesday that India had made “a horrific mistake” by thinking it could interfere as aggressively as it allegedly did in Canada’s sovereignty. “The Indian government made a horrific mistake in thinking that they could interfere as aggressively as they did in the safety and sovereignty of Canada,” he told an independent inquiry into foreign interference in Canadian politics. In response, India’s foreign ministry issued a terse two-line statement, saying Trudeau’s deposition confirmed New Delhi’s stand that Canada had provided no evidence to support its allegations against Indian diplomats. “The responsibility for the damage that this cavalier behavior has caused to India-Canada relations lies with Prime Minister Trudeau alone,” the foreign ministry statement said. Trudeau said Ottawa could take further steps to ensure Canadians’ security but declined to give details.

Persons: Justin Trudeau, Trudeau, ” Organizations: Canadian, Canada Locations: OTTAWA, Canada, India, Ottawa

☆ 9 tips for making the perfect butter chicken at home, according to a Michelin-starred chef
▼ + stars: | 2024-10-17 | by ( Priyanka Rajput | ) www.businessinsider.com time to read: +2 min

Akshay Bhardwaj, the executive chef at Junoon, shared tips for making the perfect butter chicken. But it first found its footing as "butter chicken" in the US at Manhattan's now-closed Gaylord Indian Restaurant in 1975. AdvertisementWhile growing up in Queens, New York, Bhardwaj learned there are many variations of butter chicken. AdvertisementBusiness Insider spoke to Bhardwaj via video call to ask for his advice on recreating a restaurant-style butter chicken at home. Here are his top nine tips for making the perfect butter chicken at home.

Persons: Akshay Bhardwaj, —, New York City's, Joe's, Bhardwaj Organizations: Service, New York, Gaylord Indian, Costco, Manhattan, Michelin Locations: New, India, Manhattan's, Queens , New York, North India, West

☆ China-led regional group calls for countering protectionist policies, sanctions
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: +1 min

The Chinese national flag flies outside the Ministry of Foreign Affairs in Beijing on July 26, 2023. A China-led 10-state regional group criticized what it called protectionist trade measures on Wednesday, part of an intensifying standoff between Beijing and Western countries over tariffs on Chinese products. The Shanghai Cooperation Organization, a Eurasian security and political group, also hit out at "unilateral sanctions" as member states Iran and Russia face curbs on trade. The statement said that the 10 member states, represented by seven prime ministers, "consider it important to continue joint efforts to counter protectionist trade measures that are contrary to WTO rules." Beijing has termed the moves discriminatory, and responded with similar actions as the standoff intensifies.

Organizations: Ministry of Foreign Affairs, Shanghai Cooperation Organization, European Union Locations: Beijing, China, Western, Iran, Russia, Islamabad, India, Pakistan, United States, Canada

☆ CNBC's Inside India newsletter: The changing face of India's rich
▼ + stars: | 2024-10-17 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +8 min

Speaking to CNBC's Inside India, Kohli noted that India's wealthy now come from a swathe of industries. India's stock market became the fourth-largest in the world at the start of the year, after overtaking Hong Kong. Meanwhile, those whose wealth that falls between 10 to 50 million Indian rupees are in the affluent category, he added. Historically, India's wealthy had a median age exceeding 50. Drivers of India's wealthThe growth in India's wealthy population comes in tandem with the nation's economic progress.

Persons: Ratan Tata, Waterfield, Ratan Tata —, Ambani, Himanshu Kohli, Kohli, Pramod Gubbi, Marcellus, Lee, Gubbi, Knight Frank, What's, Malcolm Dorson, Dorson Organizations: Tata Group, Fortune India, Tata Sons, Tata Steel, Tata Consultancy Services, Tata Motors, Titan Company, Marcellus Investment, Lee Kuan Yew, of Public, National University of Singapore, Bombay Stock Exchange, Global, Volvo, Apollo Locations: India, Tata, CNBC's, Hong Kong, Pune, Hyderabad, Ahmedabad, Chennai, U.S

☆ Sheikh Hasina: Bangladesh crimes tribunal issues arrest warrant for exiled former prime minister
▼ + stars: | 2024-10-17 | by ( ) edition.cnn.com time to read: +2 min

Dhaka, Bangladesh Reuters —Bangladesh’s International Crimes Tribunal on Thursday issued an arrest warrant for former Prime Minister Sheikh Hasina, currently in India, citing her alleged involvement in mass killings during violent protests that erupted earlier this year. The violence ultimately forced Hasina to flee to India on August 5 and an interim government led by Nobel Peace Prize laureate Muhammad Yunus took charge. The tribunal’s proceedings, presided over by Justice Golam Mortuza Majumdar, saw prosecutors request arrest warrants for 50 individuals, including Hasina. “In the interest of a thorough investigation, we applied for an arrest warrant. The court granted our petition and ordered the arrest of former Prime Minister Sheikh Hasina.

Persons: Sheikh Hasina, Hasina, Muhammad Yunus, Justice Golam Mortuza Majumdar, “, Mohammad Tajul Islam, ”, Hasina’s, Sajeeb Wazed, Bangladesh’s, Mohammad Touhid Hossain Organizations: Bangladesh Reuters —, Peace, Awami League, Reuters Locations: Dhaka, Bangladesh, India

☆ Musk's win on India satellite spectrum raises prospect of price war with Ambani
▼ + stars: | 2024-10-17 | by ( ) www.cnbc.com time to read: +2 min

Having just lost a battle with Elon Musk over how India's satellite spectrum is awarded, Asia's richest man Mukesh Ambani could face a bigger challenge if Musk's Starlink launches services in India and the two go head-to-head on price. India's government said on Tuesday it will allocate spectrum for satellite broadband administratively and not via auction, hours after Musk criticized the auction route being sought by rival billionaire Ambani as "unprecedented." The Indian government says its decision to allocate spectrum administratively to whoever applies for it is in line with global trends. It has not set a timeframe for when the process will start but Musk's Starlink has already applied for necessary permits. Starlink's entry into the Indian market would create a new battleground between the two billionaires: pricing.

Persons: Mukesh Ambani, Ratan Tata, Elon Musk, Musk's, Musk, Ambani, Musk's Starlink Organizations: Reliance Industries, National Centre, Performing Arts, Elon, SpaceX, Reliance Locations: Mumbai, India

☆ Why this man swapped San Francisco for Colombia
▼ + stars: | 2024-10-16 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +13 min

CNN —After spending several years building a life he loved in San Francisco, Jason Bennett, originally from the Bay Area, had every intention of remaining in the Californian city for good. At the same time, he realized that he was mostly returning to San Francisco because he felt that was what was expected of him. “The (Colombian) culture is so kind, they don’t really like to say, ‘No,’” he says. “And I don’t ever want to come across as like I’m shading San Francisco or the United States in general. Since choosing to relocate to Colombia, Bennett has noticed a considerable change in his overall wellbeing and says he couldn’t be happier with how things have turned out.

Persons: Jason Bennett, “, couldn’t, Bennett, ”, ” Bennett, Jason Bennett Bennett, San, he’d, “ You’ve, ’ ” Bennett, Jen, who’s, Pablo Escobar, Medellín, ” He’s, he’s, you’re, I’m, “ It’s, It’s, Uber, He’s, hasn’t, “ I’ve, …, Bennett, I’ve Organizations: CNN, Gap Inc, Medellín, True Star Consulting, of, ”, World Health Organization, Colombian, US State Locations: San Francisco, Bay, American, Colombia, Lebanon, India, Estonia, Argentina, Lisbon, Portugal, Cartagena, Medellín, Castropol, Medellín’s El Poblado, Miami, America, United States, ”, Japan, Medellin, Francisco, Bogota, Cali

☆ Hoax bomb threats to Indian airlines force emergency landing in Canada and fighter jets to scramble in Singapore
▼ + stars: | 2024-10-16 | by ( Helen Regan | Lex Harvey | ) edition.cnn.com time to read: +4 min

CNN —Twin bomb threats hit Indian airliners on opposite sides of the globe on Tuesday, forcing an emergency landing in the Arctic and fighter jets to scramble in Asia – the latest in a series of similar hoax scares for the country’s airlines. On Tuesday, an Air India flight from New Delhi to Chicago made an emergency landing in Iqaluit, Canada’s northernmost city. Air India flight 127 was the “subject of a security threat posted online” and diverted “as a precautionary measure,” the airline said. Multiple flights by Indian carriers have been delayed or diverted due to false bomb threats since Monday. The Air India emergency landing in Canada comes as tensions rise between the two countries after Canada expelled six Indian diplomats, including the high commissioner, on Monday.

Persons: AXB684, Ng Eng Hen, Ng, SpiceJet, “, ” SpiceJet Organizations: CNN, Air India, Air, Air Force, Air India Express, IndiGo, Mumbai, India’s Ministry of Civil Aviation, Civil Aviation Security, Civil Aviation, Canada, Sikh Locations: Asia, New Delhi, Air India, Chicago, Iqaluit, Canada’s, “, Singapore, Indian, Madurai, Mumbai, New York, Delhi, Oman, Saudi Arabia, Darbhanga, India’s, Canada, India, Air, Montreal, Ireland

☆ New cervical cancer treatment cuts risk of death from disease, according to trial results
▼ + stars: | 2024-10-16 | by ( Sam Tupper | ) edition.cnn.com time to read: +5 min

All had locally advanced cervical cancer, although none had tumors that had spread to other organs. This discovery led to the development of an HPV vaccine that can help prevent cervical cancer in women. Brawley stressed the importance of routine cervical screening as advanced-stage cervical cancer rises among White and Black women in the US. According to the US Centers for Disease Control and Prevention, cervical cancer screenings typically test for signs of HPV that can cause cell changes on the cervix. “Of the 4,400 deaths from cervical cancer, none of them get screened every year.”Chemotherapy to treat cervical cancer can come with unpleasant side effects like nausea, vomiting and hair loss, Brawley noted.

Persons: ” Dr, Mary McCormack, “, ”, Otis Brawley, Harald zur Hausen, Brawley, White, Dr, Sanjay Gupta, It’s, ” Brawley, “ We’re Organizations: CNN, Mary McCormack of University College Hospital, Cancer Research, Johns Hopkins University, American Cancer Society, US Centers for Disease Control, CNN Health, US Food and Drug Administration Locations: Brazil, India, Italy, Mexico, United States

We've put together everything you need to know about how to watch India vs. New Zealand, with a focus on affordable live streaming options. ET / 5 a.m. BST / 12 p.m. AWSTHow to watch Pakistan vs. England in the USThe Pakistan vs. England test matches will be available to watch through Willow in the US. You can also get it as a part of a month-to-month live TV package, including Sling TV. Sling also occasionally offers free cricket live streams (including coverage of the ongoing ICC Women's T20 World Cup), although you'll need to subscribe for the India vs. New Zealand test series. Sling TV Subscription For just the essentials without any extra fluff, Sling TV is the streaming service you're looking for.

Persons: We've, we've, Sling's Desi, ExpressVPN Organizations: Business, New Zealand, Chinnaswamy, team, ICC, South, Sri, Sling, England Locations: India, New, Bengaluru's, Zealand, Pakistan, South Africa . New Zealand, Sri Lanka, New Zealand, England

UNIFIL (United Nations Interim Force In Lebanon) armoured personnel carriers depart a base to patrol near the Lebanon- Israel border on October 5. UNIFIL — the UN peacekeeping mission in Lebanon — has called the violations “shocking” while Israel has accused Hezbollah of operating in areas near UNIFIL posts. The United Nations Interim Force in Lebanon (UNIFIL) was established by the UN Security Council following Israel’s first invasion into southern Lebanon in 1978. It acts as a de-facto border between the two countries since Lebanon and Israel have an ongoing border dispute. The UNIFIL troops are tasked with monitoring border violations and keeping the area, which includes Hezbollah strongholds — secure.

Persons: Carl Court, Lebanon — Organizations: UNIFIL, United Nations Interim Force, UN, UNIFIL — Locations: Lebanon, Israel, UNIFIL, Indonesia, Italy, India, Nepal, Ghana, Malaysia

☆ Canada expels top India diplomats, links them to murder of Sikh leader
▼ + stars: | 2024-10-15 | by ( ) www.nbcnews.com time to read: +4 min

OTTAWA, Ontario — Canada expelled six Indian diplomats, including the high commissioner, on Monday, linking them to the murder of a Sikh separatist leader and alleging a broader effort to target Indian dissidents in Canada. Earlier in the day, India retaliated by ordering the expulsion of six high-ranking Canadian diplomats, including the acting high commissioner, and said it had withdrawn its envoy from Canada, contradicting Canada’s statement of expulsion. India said it had asked six Canadian diplomats to leave by Saturday. The ministry also said it had summoned Acting High Commissioner in India Stewart Wheeler, Canada’s top diplomat in the South Asian country. Therefore, the Government of India has decided to withdraw the High Commissioner and other targeted diplomats and officials,” India’s foreign ministry said in a statement.

Persons: Justin Trudeau, Hardeep Singh Nijjar, ” Trudeau, ”, Canada’s, Trudeau, “, India Stewart Wheeler, Melanie Joly, “ We’re, ” Fen Osler Hampson Organizations: Ontario —, Commonwealth, Canadian, South, Royal Canadian Mounted Police, Government of, ”, Ottawa’s Carleton University, U.S, State Department, Sikh Locations: OTTAWA, Ontario, Canada, India, Canada’s, Government, Government of India, New Delhi, Ottawa, Punjab, New York, Indian, Washington

☆ Russia's imports from China surged in September as Moscow and Beijing deepen economic ties
▼ + stars: | 2024-10-15 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Russian imports of goods from China surged in September. Russia relies heavily on China for trade due to Western sanctions and isolation from global markets. AdvertisementRussia's imports of goods from China increased sharply last month, a sign that Moscow is leaning more heavily on Beijing after the two countries affirmed their economic ties. The surge of trading activity follows a fresh cooperation agreement Russia and China finalized in late August, which vowed, among other things, to deepen trade ties. Moscow has grown more reliant on Beijing as an economic partner since being targeted by Western sanctions in 2022.

Persons: —, Bejing, Vladimir Putin, Li Qiang Organizations: Service Locations: China, Russia, Moscow, Beijing, India, Ukraine

☆ Chokhani: India provides a 'plethora of opportunities' for growth
▼ + stars: | 2024-10-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChokhani: India provides a 'plethora of opportunities' for growthManish Chokhani, director at ENAM Holdings sees a strong trend of MNCs repositioning their portfolios to favor India, driven by India's higher growth prospects compared to developed markets. He touts India's welcoming environment for global companies, and highlights multiple sectors that have great growth prospects.

Persons: Manish Chokhani Organizations: ENAM Holdings Locations: India

☆ I moved across the world to live with my son and daughter-in-law. It was a sacrifice, but I wanted to help with childcare.
▼ + stars: | 2024-10-15 | by ( Jane Ridley | ) www.businessinsider.com time to read: +4 min

Nan Ray moved from India to live with her son and his wife in America when her granddaughter was 2. It was a sacrifice, but it helped her son and daughter-in-law achieve career success. My granddaughter was a toddler when my husband and I moved permanently from India to the US. In India, it's relatively common for generations to live together, and everybody does their bit to help out. It never occurred to us or my son and daughter-in-law to pay us even the smallest amount for childcare.

Persons: Nan Ray, —, They'd, hadn't, he's, we'd, I've Organizations: Service, India, Business Locations: India, America, Minnesota, I'm, Delhi

☆ Tokyo Metro's IPO could drive momentum in the Japanese market as Chinese listings dry up
▼ + stars: | 2024-10-15 | by ( Sonia Heng | In Sonia-Heng | ) www.cnbc.com time to read: +3 min

Tokyo Metro's initial public offering could drive momentum in the Japanese market and attract more companies into the country, analysts said, as China continues to lose steam. In Japan's biggest IPO in six years, Tokyo Metro raised 348.6 billion yen ($2.3 billion) after pricing its shares at 1,200 yen apiece, according to the company's regulatory filing on Tuesday. "I think both the Tokyo government as well as the Ministry of Finance, obviously, won't want the IPO to fail." Hyundai India also started taking orders for its $3.3 billion IPO in Mumbai this week, in a deal set to become the country's biggest listing. When asked if he thinks Tokyo Metro and Hyundai India's listings will open the floodgates for more activity, he said, "I do."

Persons: Mio Kato, CNBC's, Kato, Dealogic, Ringo Choi, Choi, — CNBC's Dylan Butts Organizations: Tokyo Metro, Japan's, Reuters, Tokyo Stock Exchange, LightStream, Ministry of Finance, NASDAQ, Hyundai, EY's Locations: Tokyo, China, Asia, Pacific, India, Japan, Hyundai India, Mumbai, EY's Asia

☆ Ericsson shares jump 7% on third-quarter beat, growth in North America sales
▼ + stars: | 2024-10-15 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

Shares of Swedish telecom firm Ericsson jumped amid third-quarter core earnings that surpassed analyst expectations and growth in North American demand. Net sales shed 4% year-on-year to 61.8 billion Swedish crowns in the third quarter, but nevertheless surpassed analyst expectations of near 61.6 billion, according to Reuters estimates. North America emerged as a bright spot in the sales picture, with year-on-year growth of more than 50%. "North America was the first to roll out 5G, and of course they were also the first to therefore slow down the pace. The North American growth offset steep third-quarter sales declines in both north east and south east Asia, where telecommunication companies have recently been focusing on developing markets such as India.

Persons: Börje Ekholm, CNBC's, Ekholm Organizations: Ericsson, Reuters, Nokia, AT, 5G, UBS Locations: North, London, America, U.S, ORAN, Asia, India, China, Sweden

You can check your first bag free on Delta flights, saving up to $70 on a round-trip Delta flight per person. The exceptions are flights to South America, as well as transatlantic and transpacific flights, which allow a carry-on bag. Spirit AirlinesFees for checked and carry-on baggageSpirit charges varying fees for checked bags and carry-on bags. Opt for a carry-on bag whenever possible, as most airlines allow at least one free carry-on bag. Oversized bags: Fees for oversized bags depend on the bag's dimensions.

Persons: aren't, Doesn't, stow, Miles, it's, Harlan Vaughn Harlan Vaughn, he’s, Harlan, Read Organizations: Business Insider, Citi, Mastercard, JetBlue, Alaska Airlines, U.S . Airlines, American Airlines, U.S, U.S ., Airlines, Delta Airlines, United, New Zealand, Delta, Express Card, U.S . Supermarkets, PayPal, United Airlines, United ®, United Club, ℠, FDIC, Southwest Airlines, Southwest ®, Rapid, Southwest, Rapid Rewards, JetBlue Plus, Card, Alaska, Spirit Airlines, Chase, American Express, Frontier Airlines, Frontier, American, Citi ® Locations: Puerto Rico, U.S, U.S . Virgin, Canada, Caribbean, Mexico, Central America, Guyana, Cuba, North America, South America, China, Japan, South Korea, Hong Kong, India, New Zealand, Europe, Israel, Qatar, Australia, Suriname, Panama, San Pedro Sula, Honduras, San Salvador, El, North, South, North Africa, South Africa, Emirates, New, Brazil, East, Africa, Asia, Central, delta.com, Delta, California , Idaho , Oregon, Washington, Dallas , Texas

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