DIRS.INFO The most relevant business & tech news

☆ Cough syrup killed scores of children. Why no one has been held
▼ + stars: | 2023-09-13 | by ( Ramnagar | ) www.reuters.com time to read: +3 min

Toxic cough syrup made and sold in India may have been the start of a recent global wave of contamination. Irfan was one of at least 16 children whom authorities in India’s northern region of Jammu and Kashmir found had been poisoned. Digital says there was no DEG in its syrup and its medicines are not to blame. The rash of poisonings has led to criminal probes, lawsuits and a surge in regulatory scrutiny in India and abroad. Still, despite intense lobbying on behalf of the families of the children in Jammu, no one has yet been found guilty in a court of law for the cough syrup deaths.

Persons: Jafar Din’s, Irfan, Din, –, ” Organizations: Digital Vision Pharma, Digital Vision, Digital, Reuters, World Health Organization, WHO Locations: India, Jammu city, India’s, Jammu, Kashmir, Himachal Pradesh, Gambia, Uzbekistan, Cameroon

For more than a decade, China has courted developing countries frustrated with the West. And as it challenged the postwar order, especially with its global focus on development through trade, loans and infrastructure projects, it sent billions of much-needed dollars to poor nations. Exhibit A: the unexpected consensus India managed at the Group of 20 summit in New Delhi over the weekend. With help from other developing nations, India persuaded the United States and Europe to soften a statement on the Russian invasion of Ukraine so the forum could focus on the concerns of poorer countries, including global debt and climate financing. India also presided over the most tangible result so far of its intensifying campaign to champion the global south: the admission of the African Union to the G20, putting it on par with the European Union.

Organizations: Group, African Union, European Union Locations: China, ”, India, New Delhi, United States, Europe, Ukraine

☆ European stocks higher in busy week for global economic data; miners up 2.7%
▼ + stars: | 2023-09-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets climbed Monday morning, kicking off a busy week of economic data releases around the world. Basic resources gained 2.7%, as stocks including Anglo American and Rio Tinto traded higher following gains in metals prices. European marketsInvestors are looking forward to key U.S. inflation data in the week ahead, with the latest consumer price index due Wednesday and producer price index Thursday. The readings come after a string of stronger-than-expected economic data points last week renewed worries that the U.S. Federal Reserve could raise rates more than previously expected. Asia-Pacific markets are also gearing up for big data releases this week.

Persons: Brendan McDermid Organizations: Rio Tinto, Investors, U.S . Federal, Traders, Reuters, Central Bank's Locations: London, Europe, Asia, Pacific, India, China

☆ Three more bodies found after Greece storm, raising toll to 14
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +2 min

[1/5] Locals are evacuated on an excavator from a flooded area, in the aftermath of Storm Daniel, in Larissa, Greece, September 10, 2023. REUTERS/Elias Marcou Acquire Licensing RightsATHENS, Sept 10 (Reuters) - Greek rescue teams recovered the bodies of three more people in central Greece on Sunday, raising the death toll to 14 from the country's most intense rain storm since records began in 1930. Storm Daniel pummelled Greece for three days from Tuesday at the end of the hottest summer ever recorded, leaving a fresh trail of ruin after deadly wildfires. The bodies of an 88-year-old woman and two men, aged 58 and 65, were found near the city of Karditsa, one of the worst-hit areas. Extreme weather events have struck across the globe in recent weeks, with floods in Scandinavia, southeast Europe and Hong Kong.

Persons: Storm Daniel, Elias Marcou, Storm Daniel pummelled Greece, Kyriakos Mitsotakis, Renee Maltezou, Peter Graff Organizations: REUTERS, Rights, Thomson Locations: Larissa, Greece, Karditsa, Thessaly, Scandinavia, Europe, Hong Kong, India

☆ India makes clean energy push at G20 with global biofuel alliance
▼ + stars: | 2023-09-09 | by ( Nidhi Verma | ) www.reuters.com time to read: +2 min

A general view of the venue for the G20 summit in New Delhi, India, September 9, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing RightsNEW DELHI, Sept 9 (Reuters) - India announced on Saturday the launch of a global biofuel alliance at a G20 summit in New Delhi to boost the use of cleaner fuels. "We are launching the Global Biofuel Alliance. The push for a biofuels alliance mirrors the International Solar Alliance launched by New Delhi and Paris in 2015 to bring clean and affordable solar energy within the reach of all. The alliance will help by encouraging global biofuels trade, developing concrete policies on lesson-sharing and promoting provision of technical support for national biofuels programmes worldwide, Oil Minister Hardeep Singh Puri said in July.

Persons: Amit Dave, Narendra Modi, Hardeep Singh Puri, Nidhi Verma, Shivam Patel, Jacqueline Wong, Kim Coghill Organizations: REUTERS, Global, Alliance, India, Solar Alliance, New, International Energy Agency, Oil, Thomson Locations: New Delhi, India, DELHI, United States, Brazil, Paris

☆ Powerful earthquake strikes Morocco, killing hundreds and damaging historic buildings in Marrakech
▼ + stars: | 2023-09-09 | by ( ) www.cnbc.com time to read: +4 min

This frame grab from video footage taken by AFPTV shows people out in the open in Marrakesh September 9, 2023, following a 6.8 magnitude earthquake that struck Morocco. A rare, powerful earthquake struck Morocco late Friday night, killing hundreds of people and damaging buildings from villages in the Atlas Mountains to the historic city of Marrakech. In 1960, a magnitude 5.8 tremor struck near the Moroccan city of Agadir and caused thousands of deaths. The Agadir quake prompted changes in construction rules in Morocco, but many buildings, especially rural homes, are not built to withstand such tremors. In 2004, a 6.4 magnitude earthquake near the Mediterranean coastal city of Al Hoceima left more than 600 dead.

Persons: Abderrahim Ait Daoud, Talat N'Yaaqoub, Olaf Scholz, Narendra Modi, Lahcen Mhanni, Al Hoceima Organizations: Morocco's, Ministry, UNESCO, Local, Twitter, Indian, United Nations, Geological Survey, Department, National Institute of Geophysics, 2M, Portuguese Institute for, Civil Defense Locations: Marrakesh, Morocco, Marrakech, Moroccan, Al Haouz Province, India, United, U.S, Ighil, Earthquakes, North Africa, Agadir, Al, Portugal, Algeria

New Delhi CNN —When Indian prime minister Narendra Modi inaugurated the Group of 20 (G20) leaders’ summit on Saturday, he sat behind a country name placard that piqued the interest of many. “PM Modi uses placard Bharat for G20 inaugural address,” ran a headline in the Times of India, one of the country’s largest English-language outlets, moments after. Both India and Bharat are used officially in the nation of 1.4 billion people, which has more than 20 official languages. Bharat is also the Hindi word for India and is used interchangeably – both feature on Indian passports for example. But the use of “Bharat” on the G20 invites has raised eyebrows among opposition leaders.

Persons: Narendra Modi, Bharat, Modi, ”, “ Bharat, “, –, ’, ” Harnath Singh Yadav, Virender Sehwag, Bharat ”, ” Shashi Tharoor, Raghav Chadha, Jaishankar Organizations: New, New Delhi CNN, “, Bharat, Group, Bharatiya Janata Party, BJP, Cricket, Developmental, INDIA, Aam Aadmi Locations: New Delhi, ’, India, Times of India, Britain, British, Indian, INDIA

☆ India's policy contradictions are making it harder for investors to crack its market
▼ + stars: | 2023-09-08 | by ( Clement Tan | ) www.cnbc.com time to read: +8 min

At a time when shifting geopolitical alliances are elevating India's strategic importance, such curbs add to the contradictions global investors have to negotiate as they hunt for viable alternatives to a slowing China. They said the move will add to end-product costs for foreign vendors and shift consumer spending toward Indian firms or established foreign vendors with a manufacturing base in India. To attract foreign investors, Modi's government doubled to 170 billion rupees ($2.04 billion) its initial budget in May for a production-linked incentive scheme for IT hardware that was approved in 2021. watch now"India's large and growing domestic market, limited political instability and long-term policy continuity bolsters India's appeal to investors," Dasgupta said. Attracted by such lofty projections, global investors have also poured into Indian equity markets this year.

Persons: Javier Ghersi, Narendra Modi's, There's, Pravin Krishna Johns, it's, Pravin Krishna, Krishna, Rajeev Chandrasekhar, Taiwan's Foxconn, iPhones, Sumedha Dasgupta, Dasgupta, Modi, Goldman Sachs, — Organizations: Apple, Samsung, Dell, Pravin Krishna Johns Hopkins University's School, Johns Hopkins University's School, International, BMI Industry Research, South, BMI, Sumedha Dasgupta Economist Intelligence, Economist Intelligence Unit, CNBC, Bharatiya Janata Party, U.S, The, Monetary Fund, Capital Locations: India, China, Russia, Ukraine, Vietnam

Reliance, whose interest in making semiconductors has not been previously reported, did not respond to repeated requests for comment. India's IT ministry and Prime Minister Narendra Modi's office also did not respond to requests for comment. The country does not as yet have any chip manufacturing plants, although India's Vedanta (VDAN.NS) and Taiwan's Foxconn (2317.TW) are both looking at building facilities. India's government has forecast the domestic chip market will be worth $80 billion by 2028 compared with $23 billion currently. But chip manufacturing is an industry that has historically been beset with boom and bust cycles and requires much expertise.

Persons: Amit Dave, Mukesh, Narendra Modi's, Modi, Vedanta, Taiwan's Foxconn, Arun Mampazhy, –, Foxconn, Munsif Vengattil, Aditya Kalra, Edwina Gibbs Organizations: Reliance Industries, Gujarat Global Trade, REUTERS, Reliance, Google, U.S, Vedanta, Ventures, Semiconductor, Intel, Orbit Ventures, Thomson Locations: Gujarat, Gandhinagar, India, DELHI, Abu Dhabi

☆ India's 'freedom' takes precedence over being a U.S. ally, says think tank
▼ + stars: | 2023-09-08 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +3 min

watch nowIndia's relationship with the United States is the strongest it's been in years. Despite warming ties — with both leaders sharing a hug during Modi's state visit to Washington in May — a "traditional alliance" between the two nations remains off the table, according to the Council on Foreign Relations. "Obviously, this is an area where American foreign policy leaders would like to see something different given American concerns about Russia's war in Ukraine," Ayres highlighted. In May, Biden and Modi announced a slew of technology and defense deals, ranging from collaborating on diversifying supply chains to working together across space and artificial intelligence. "Technology generally has really been in the lead in improving this relationship," said Evan Feigenbaum, vice president for studies at the Carnegie Endowment for International Peace.

Persons: Joe Biden, Narendra Modi, Alyssa Ayres, Ayres, CNBC's, … That's, Biden, Modi, Evan Feigenbaum Organizations: Indian, Group, Foreign Relations, Council, India's, White, Bloomberg, Getty, Carnegie Endowment, International Locations: United States, New Delhi, Washington, India, Pakistan, South Asia, Russia, Ukraine, Delhi, Moscow, U.S

☆ Biden, Modi discuss rail deal, democracy as U.S. press sidelined
▼ + stars: | 2023-09-08 | by ( Nandita Bose | ) www.reuters.com time to read: +5 min

Biden and Modi last met in person in June when the Indian leader was the guest of a White House state visit. U.S. Treasury Secretary Janet Yellen joined Friday's meeting, as did White House national security adviser Jake Sullivan, the White House said in a statement. Biden spoke to Modi about the importance of a healthy democracy, Campbell told reporters. Modi, of the Hindu nationalist Bharatiya Janata Party, has faced criticism about shrinking press freedom in India since he took office. His allies attacked the reporter afterward, in a targeted online harassment campaign that the White House later called "unacceptable" and "antithetical to the very principles of democracy."

Persons: Joe Biden, Narendra Modi, Biden, We're, we've, Kurt Campbell, Campbell, Eileen Laubacher, Modi, amiably, Janet Yellen, Jake Sullivan, Subrahmanyam, Ajit Doval, Amit Dave, Nandita Bose, Steve Holland, Heather Timmons, Grant McCool Organizations: Indian, U.S, U.S . National Security Council, South, U.S ., General Electric, Treasury, Friday's, White, REUTERS, World Bank, Biden, Bharatiya Janata Party, White House, Thomson Locations: DELHI, New Delhi, India, East, Europe, U.S, South Asia, Washington, Delhi, China, Africa, Latin America, Asia, Vietnam, United States, American

☆ Analysis: India is hosting G20 as the world is in crisis but for Modi it's also a chance to shine
▼ + stars: | 2023-09-08 | by ( Rhea Mogul | ) edition.cnn.com time to read: +9 min

Chinese leader Xi Jinping will be absent from the gathering, with Beijing giving no reason for the surprise miss – a move widely seen as a snub to India. Nevertheless, analysts say the gathering affords Modi a unique chance to shine on the world stage and flex India’s geopolitical muscle. India can act as a bridge,” said Kajari Kamal, associate professor at the Takshashila Institution in India. “For a long time, India was perceived as a nation of over 1 billion hungry stomachs,” Modi said in an interview with the Press Trust of India on Sunday. “It’s giving a great boost to infrastructure domestically, and to the world, it’s showcasing India’s culture and its rich heritage,” she added.

Persons: Narendra Modi, Modi, Modi’s statecraft, Xi Jinping, Vladimir Putin, Joe Biden, Mikhail Svetlov, ”, Kajari Kamal, ’, ” Modi, “, Kamal, It’s, Putin, Biden, Akhil Ramesh, Xi, Putin –, Michael Kugelman, it’s, Ramesh Organizations: CNN, Indian, Beijing, Kremlin, East, Takshashila, Press Trust of India, Pacific Forum, South Asia Institute, Wilson Center, Ukraine, White, Shanghai Cooperation Organization, SCO, Union, Pacific Locations: New Delhi, Ukraine, China, Russia, India, Russian, Moscow, Osaka, Japan, South, “, Australia, United States, Britain, East, Honolulu, Washington, Kremlin Moscow, Delhi

☆ Modi, Biden pledge to deepen India-U.S. partnership as world leaders descend on Delhi for G20 summit
▼ + stars: | 2023-09-08 | by ( Clement Tan | ) www.cnbc.com time to read: +6 min

Indian artist Jagjot Singh Rubal gives final touches to an oil painting of U.S. President Joe Biden, at his workshop in Amritsar on September 5, 2023, ahead of the two-day G20 summit in New Delhi. The pair's absence has sparked fears that a communique binding member states may not be issued at the end of a G20 leaders' summit — undercutting India's clout and diminishing his domestic messaging. At a pre-summit press conference Friday, India's G20 sherpa Amitabh Kant said the final declaration "is almost ready." In their joint statement after their Friday bilateral meeting, Biden and Modi "reaffirmed their commitment to the G20." Despite recently traveling to South Africa for a BRICS meeting, Xi has rarely traveled abroad.

Persons: Jagjot Singh Rubal, Joe Biden, Narinder Nanu, Narendra Modi, Biden, Bangladesh —, Modi, Vladimir Putin, Xi Jinping, Putin, Sergey Lavrov, China Premier Li Qiang, Xi, India's, Amitabh Kant, Kant, snubbing Modi, Taiwan — Organizations: Afp, Getty, Indian, U.S, International Monetary Fund, African Union, Global, China Premier Locations: Amritsar, New Delhi, Narinder, Delhi, Washington, Australia, India, Japan, U.S, Mauritius, Bangladesh, China, —, Russian, Russia, Ukraine, Germany, France, South Africa, Beijing —, Zambia, Venezuela, Malaysia, Philippines, Vietnam, Taiwan, Beijing

☆ India or Bharat? Invites fuel speculation that the country could change its name
▼ + stars: | 2023-09-07 | by ( Mithil Aggarwal | ) www.cnbc.com time to read: +3 min

"Better late than never," Akash Tiwari, a private security officer in New Delhi, told NBC News of the rumored change. The country's constitution references both names: India to be used for statements in English and Bharat to be used in Hindi. The name India was derived centuries ago in connection to the Indus Valley, which lies in the northwest part of the country. "The meaning is the same, be it Bharat, Hindustan or India," said Amit Gihar, a fashion photographer. India is a very old name," said Vijender Singh, 28, who's been driving rickshaws around the capital for three years.

Persons: Akash Tiwari, Bharat, Narendra Modi, Amit Gihar, Vijender Singh, who's, Critics Organizations: NBC, Bharatiya Janata Party, BJP, Constitution Locations: New Delhi, India, Hindustan

☆ Xi, Putin missing G20 summit not unusual, India's foreign minister says
▼ + stars: | 2023-09-06 | by ( ) www.reuters.com time to read: +2 min

India's Foreign Minister Subrahmanyam Jaishankar, delivers his speech in the Association of Southeast Asian Nations (ASEAN) Post Ministerial Conference with India during the ASEAN Foreign Ministers' meeting in Jakarta, on July 13, 2023, where Myanmar's seat was left empty. BAY ISMOYO/Pool via REUTERS/File Photo Acquire Licensing RightsNEW DELHI, Sept 6 (Reuters) - China's President Xi Jinping and Russia's Vladimir Putin skipping this week's G20 summit in New Delhi is not unusual and has nothing to do with India, Indian Foreign Minister Subrahmanyam Jaishankar told the ANI news agency. Sherpas of the G20 countries are negotiating to build a consensus and arrive at a declaration at the Sept. 9-10 summit in New Delhi, Jaishankar said in the interview, which was aired on Wednesday. Asked if their absence would affect building a consensus and producing a declaration at the end of the summit, Jaishankar said: "We are negotiating right now...the clock did not start ticking yesterday." Japanese Prime Minister Fumio Kishida has said he hopes to discuss digital issues and food security.

Persons: Subrahmanyam Jaishankar, Xi Jinping, Russia's Vladimir Putin, Jaishankar, Putin, Xi, Joe Biden, Fumio Kishida, YP Rajesh, Jacqueline Wong, Raju Gopalakrishnan Organizations: India's, Association of Southeast Asian Nations, ASEAN, India, ASEAN Foreign Ministers, Indian, Reuters, World Bank, YP, Thomson Locations: Jakarta, DELHI, New Delhi, India, Ukraine

☆ Opinion: Why a G20 without Putin and Xi could be a fantastic opportunity
▼ + stars: | 2023-09-06 | by ( Opinion David A. Andelman | ) edition.cnn.com time to read: +9 min

CNN —This might have been an opportunity for world leaders to bridge a host of chasms that are opening up, as G20 conferences have in the past. Yet this will be the first G20 that Xi has skipped in the decade he’s served as China’s president. The hope is that, without distractions from the presence of Xi and Putin, the G20 will be able to focus more directly on just such urgent issues. Certainly, it removes an opportunity to pressure Xi into restraining shipment of technology and equipment to Russia that could help its war in Ukraine. So, this G20 — uniquely absent Xi and Putin — is an important opportunity to showcase China’s failings, confirm Russia’s status as a pariah and ratify America’s place as a global leader.

Persons: David A, David Andelman, Vladimir Putin, Sergey Lavrov, Xi, Li Qiang, Putin, Narendra Modi, —, Joe Biden, Antony Blinken, he’s, Blinken, Biden, Lavrov, ”, “, …, there’s, Michele Spatari, Biden’s, Putin — Organizations: CNN, French Legion of, The New York Times, CBS News, David Andelman CNN, International Criminal Court, ICC, America, NBC, Putin, Indian, Sunday, Asia Pacific Economic Cooperation, United, Twitter, Facebook, Biden Locations: New Delhi, India, Bali , Indonesia, China, Washington, Johannesburg, South Africa, Arunachal Pradesh, Beijing, ” China, San Francisco, Russian, AFP, Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, United Arab Emirates, Russia, Africa, Ukraine, Vietnam, Asia, American, Southeast Asia, America

Crude oil prices pushed higher, adding to inflationary pressures at a time when investors are hoping to see central banks back away from interest rate hikes. Energy stocks rose along with crude oil prices after Saudi Arabia and Russia said they will extend their voluntary production cut of 1 million barrels of oil a day through the end of the year. Much of the information fueled hopes that the Fed might moderate interest rate increases to fight inflation, which has been easing for months. Wall Street expects the Fed to hold its benchmark interest rate steady at its next meeting later in September, just as it did at its previous meeting. The central bank has raised its main interest rate aggressively since 2022 to the highest level since 2001.

Persons: ” Stephen Innes, Russell, Cintas, Brent, Kroger, Alex Veiga, Damian J, Troise Organizations: Japan’s Nikkei, Management, Labor, Dow Jones, Nasdaq, New York Stock Exchange, Merck, Co, JPMorgan Chase, Microsoft, Energy, Chevron, New York Mercantile Exchange, Institute for Supply Management, GameStop, Dave, AP Business Locations: Asia, U.S, Seoul, Australia, Shanghai, Saudi Arabia, Russia

☆ India importing Russian oil is a ‘win-win’ for the world economy, says India’s No. 1 oil company
▼ + stars: | 2023-09-06 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

India's imports of Russian crude is a win-win situation for the world's economy, said Oil and Natural Gas Corporation. SINGAPORE — India's imports of Russian crude is a win-win situation for the world economy, according to India's No. Since Russia's invasion of Ukraine in February last year, India's refiners have been snapping up discounted Russian oil. Moscow has since leapfrogged to become India's leading source of crude oil, accounting for about 40% of India's crude imports. India's economy has benefited from the discounted prices, Ramesh said.

Persons: K.C, Ramesh, ONGC, India's Organizations: Natural Gas Corporation, SINGAPORE —, European Union Locations: Tuapse, Russia, India, Europe, Singapore, Ukraine, Moscow

Global oil prices backed off the $90 a barrel mark early Wednesday as traders digested the news that Saudi Arabia and Russia would extend their summer production cuts until December. The move is likely to keep U.S. gas prices higher for longer. Many nations joined in putting sanctions on Russian oil when President Vladimir Putin invaded Ukraine in February 2022. But large oil consumers such as China and India continue to buy Russian oil. Rising oil prices will also be a concern for the Federal Reserve as its campaign to tame inflation is finally bearing fruit.

Persons: ” Patrick De Haan, Hurricane Idalia, De Haan, Vladimir Putin Organizations: Labor, Gas, Hurricane, Federal Reserve Locations: Saudi Arabia, Russia, “, ”, China, Ukraine, India, Germany

☆ India's G20 presidency risks ringing hollow as Ukraine war dashes hopes of consensus
▼ + stars: | 2023-09-05 | by ( Clement Tan | ) www.cnbc.com time to read: +10 min

US President Joe Biden, right, and Narendra Modi, India's prime minister, at an arrival ceremony during a state visit on the South Lawn of the White House in Washington, DC, US, on Thursday, June 22, 2023. One of the risks is that by elevating India's presidency of the G20 so much, there are now expectations for India to deliver some concrete breakthroughs. Russia-Ukraine impasseIndeed, the specter of Russia's Ukraine invasion has loomed large over G20 meetings for the various tracks that India has convened. He even labeled it the "biggest achievement" of India's G20 presidency so far — despite Russia and China abstaining. This development serves to buttress India's burgeoning economic clout, the basis of its greater confidence and assertiveness geopolitically.

Persons: Joe Biden, Narendra Modi, India's, haven't, Manjari Chatterjee, Modi, Manjari Chatterjee Miller, Vladimir Putin, Xi Jinping, Putin, Pramit Pal Chaudhuri, Chaudhuri, Sergei Lavrov —, Putin —, CFR's Miller, Eurasia Group's Chaudhuri, Subrahmanyam Jaishankar, Sumedha Dasgupta, Biden, Taiwan —, assertiveness, It's, Pravin Krishna Johns Organizations: White, Bloomberg, Getty, Indian, Shanghai Cooperation Organization, Manjari Chatterjee Miller, Foreign, Council, Foreign Relations, CNBC, Global, African Union, UN, Group Russia's, West, Bharatiya Janata Party, BJP, India's, Economist Intelligence Unit, Moscow, . Warming, Apple, Pravin Krishna Johns Hopkins University's School, International Locations: Washington , DC, New Delhi, India, Ukraine, Pakistan, South Asia, Washington ,, Russia, China, Varanasi, Bali, Eurasia, Asia, U.S, . Warming India, Malaysia, Philippines, Vietnam, Taiwan, Beijing

☆ Apple's new iPhone is set to require a new charger for the first time in 11 years — and your old Lightning cable won't work
▼ + stars: | 2023-09-05 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

The iPhone 15 is set to require a USB-C charging cable instead of the Lightning cord. It's Apple's first change to the iPhone's charging port in more than 10 years. Apple's Lightning charging cable may soon become obsolete now that Apple's iPhone 15 is set to feature a USB-C charging port. The iPhone 14, pictured, features a Lightning port, but Apple announced in 2022 that the new model will have a USB-C port. The new AirPods Pro will reportedly also feature the USB-C charging port instead of a Lightning port.

Persons: It's Organizations: Service, Lightning, Apple, European Union, Bloomberg Locations: Wall, Silicon, India

☆ Basketball-sized gold coin worth ‘around $23M’ honors late Queen Elizabeth II
▼ + stars: | 2023-09-04 | by ( Oscar Holland | ) edition.cnn.com time to read: +3 min

It was produced by the East India Company, a luxury lifestyle brand with rights to the name of the corporation that once controlled large swathes of Britain’s empire. Businessman Sanjiv Mehta, who acquired the rights to the East India Company in 2005, poses with the diamond-encrusted coin. The East India Company said its multi-million-dollar valuation was partly due to the quality of the materials and crafting processes, which involved artisans and experts from the UK, India, Singapore, Germany and Sri Lanka. The original East India Company operated for almost 300 years before its dissolution in 1874. “The Crown” took over a year to produce, meaning that it was underway before Queen Elizabeth died at Balmoral Castle in Scotland last September.

Persons: Queen Elizabeth II, Queen Elizabeth’s, Sanjiv Mehta, tiaras, ”, Queen Elizabeth, Mehta Organizations: CNN, East India Company, Sotheby’s, NBA, British Overseas, Government, Royal Household, Royal, Foreign and Commonwealth Office Locations: York, India, Singapore, Germany, Sri Lanka, Scotland, British Overseas Territory, St Helena

That means the two-day summit from September 9 will be dominated by the West and its allies. The G20 leaders who will attend include U.S. President Joe Biden, German Chancellor Olaf Scholz, French President Emmanuel Macron, Saudi Arabia's Mohammed Bin Salman and Japan's Fumio Kishida. "If the leaders' summit is a flop, New Delhi and especially Modi will have suffered a major diplomatic, and political, setback," Kugelman said. "The positions have hardened since the Bali Summit," a senior Indian government official told Reuters, referring to the 2022 summit held in Indonesia. Lavrov said last week Russia will block the final declaration of the G20 summit unless it reflects Moscow's position on Kyiv and other crises.

Persons: Adnan Abidi, Li Qiang, Xi Jinping, Vladimir Putin's, Joe Biden, Olaf Scholz, Emmanuel Macron, Saudi Arabia's Mohammed Bin Salman, Japan's, Michael Kugelman, Narendra Modi, Modi, Kugelman, Joko Widodo, Justin Trudeau, Sergei Lavrov, Putin, battlelines, Trudeau, Ukraine's Volodymyr Zelenskiy, Zelenskiy, Lavrov, David Boling, N.K, Singh, Larry Summers, Katya Golubkova, Kentaro Sugiyama, Sakura Murakami Organizations: REUTERS, West, South Asia Institute, Wilson Center, Indian, New, Reuters, Bali, Canada's, Russian, Diplomats, Eurasia Group, Thomson Locations: New Delhi, India, DELHI, Ukraine, China, Russia, Saudi, Washington, Bali, Indonesia, Indonesian, CHINA, Brazil, South Africa, Johannesburg, U.S, Tokyo

☆ G20 New Delhi summit 2023: Which countries and leaders will attend?
▼ + stars: | 2023-09-04 | by ( ) www.reuters.com time to read: +5 min

A paramilitary soldier stands guard outside Le Meridien hotel during a rehearsal ahead of the G20 Summit in New Delhi, India, September 2, 2023. BRITISH PRIME MINISTER RISHI SUNAKSunak is expected attend the summit on his first official trip to India as Britain's prime minister. GERMAN CHANCELLOR OLAF SCHOLZScholz has said the upcoming G20 summit in India remains important despite the absence of Russia and China. SOUTH AFRICAN PRESIDENT CYRIL RAMAPHOSARamaphosa has expressed full support for India's G20 presidency while conveying his intent to attend the summit. BANGLADESH PRIME MINISTER SHEIKH HASINABangladesh Prime Minister Sheikh Hasina is likely to attend the G20 summit in New Delhi, according to Indian media reports.

Persons: Le, Adnan Abidi, JOE BIDEN Biden, Biden, XI, Li Qiang, Xi Jinping, Xi, VLADIMIR PUTIN, Sergei Lavrov, Vladimir Putin, Putin, JUSTIN TRUDEAU Trudeau, Ukraine's Volodymyr Zelenskiy, Zelenskiy, RISHI SUNAK Sunak, KISHIDA, ANTHONY ALBANESE, YOON SUK, YEOL Yoon, OLAF SCHOLZ Scholz, EMMANUEL MACRON, Modi, SAUDI ARABIA'S CROWN PRINCE MOHAMMED BIN SALMAN, CYRIL RAMAPHOSA Ramaphosa, TAYYIP ERDOGAN, ALBERTO FERNANDEZ Fernandez, BOLA TINUBU Tinubu, LUIZ INACIO LULA DA SILVA, URSULA VON DER, CHARLES MICHEL The, SHEIKH HASINA, Sheikh Hasina, ANDRES MANUEL LOPEZ OBRADOR, JOKO, Aftab Ahmed, Shivangi, Nick Macfie Organizations: REUTERS, Criminal Court, ICC, BRITISH, AUSTRALIAN, SOUTH, Associated Press, SAUDI ARABIA'S CROWN, African Union, NIGERIA'S, LUIZ INACIO LULA DA SILVA Brazil, OF, EUROPEAN, CHARLES MICHEL The European Union, BANGLADESH, Thomson Locations: Le Meridien, New Delhi, India, DELHI, India's, Ukraine, U.S, RUSSIAN, Russia, South Africa, Africa, Indonesia, Philippines, China, Saudi, SHEIKH HASINA Bangladesh, Bangladesh, MELONI Italy

☆ India's twin growth engines face turbulent weather
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

MUMBAI, Sept 1 (Reuters Breakingviews) - India’s gross domestic product grew 7.8% in the April to June quarter, its fastest pace in a year. The print preserves the South Asian nation’s title for the fastest-growing major economy, yet the eye-popping level may not sustain. A patchy monsoon and high food costs threaten the twin engines behind the latest headline figure. Meanwhile, El Nino weather conditions mean the winter agriculture crop could be as weak as the summer yield, keeping prices high for longer. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Narendra Modi’s, Modi, Shritama Bose, Pernod Ricard, Una Galani, Thomas Shum Organizations: Reuters, Tata Consultancy Services, Reserve Bank, India’s, X, Microsoft, Thomson Locations: MUMBAI, El Nino

Search resuls for: ". India"

25 mentions found