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In India and China, torrential rains have killed more than 200 people in the past week. Widespread flooding has been reported in North Korea near the border with China with no word on whether anyone died. North Korea: Damage, but no information on deathsThe tropical storm also generated heavy rain in northeast China on the border with North Korea, overflowing the Yalu River, which divides the two countries. In North Korea, the rain flooded 4,100 houses, 7,400 acres of farmland and many public buildings, roads and railways. One city near North Korea asked people living below the third floor to move higher as the Yalu River rose.
Persons: , , Gaemi, KCNA, Kim Jong Un, Kim Organizations: China Meteorological Administration, Rescue, , Ministry of Water Resources, AP, State TV Locations: India, China, Pakistan, North Korea, Asia, Kerala, ” India, Philippines, Taiwan, Pacific, Hunan, Zixing, Shanghai . China, North Korea’s, Phyongan, Jilin province, Lahore, Punjab province
Brent crude futures gained 33 cents, or 0.4%, to $79.85 a barrel by 0020 GMT, after falling 1.5% in the previous session, while U.S. West Texas Intermediate crude futures rose 38 cents, or 0.5%, to $76.69, after a 2.1% drop on Thursday. On a weekly basis, Brent futures are on track to fall 1.7%, while WTI futures are set to drop 1.1%. "Markets continue to remain wary of Chinese oil demand after June data came in weaker-than-expected," analysts at consultancy firm FGE said. Asia's crude oil imports dropped to the lowest in two years in July on weak demand in China and India, according to data compiled by LSEG Oil Research. Still, the outlook for Chinese crude oil imports is brightening, FGE analysts noted, citing an increase in strategic purchases and a recovery in refining rates in the country.
Persons: Brent, FGE Organizations: Brent, U.S, West Texas, LSEG Oil Research Locations: Long Beach , California, United States, Europe, Asia, China, India, Iran, Israel
Biles' post on the social media platform X seemed to reference Trump's recent controversial comments that immigrants are "taking Black jobs." The Republican presidential nominee had said, "They're taking Black jobs now and it could be 18, it could be 19 and even 20 million people," during his June 27 debate against President Joe Biden. "They're taking Black jobs, and they're taking Hispanic jobs, and you haven't seen it yet, but you're going to see something that's going to be the worst in our history," Trump said. Data does not support Trump's claim that immigrants are "taking" jobs from American workers. With nine Olympic medals, six of them gold, Biles is the most decorated U.S. gymnast in history.
Persons: Simone Biles, Jamie Squire, Donald Trump, Biles, Joe Biden, Trump, Kamil Krzaczynski, Kamala Harris, Black, Lionel Bonaventure, Harris Organizations: Team USA, Bercy Arena, Getty, Paris, Republican, CNBC, U.S, National Association of Black Journalists, Afp, Democratic, Bercy, Howard University, Washington , D.C, nonconsecutive Games, Olympic Locations: Paris, Chicago, Jamaica, India, Washington ,, U.S, American, Tokyo
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "This company is in such great hands that you have to buy some stock here," Jim advised investors. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stocks, Apple, Thursday's, there's, Jim, Eaton, Morgan Stanley, Jim Cramer's Organizations: CNBC, Nasdaq, Apple, Services, AMD Locations: Philippines, India, Indonesia, Wells Fargo
Many people consume alcohol to relax and relieve stress, which are some of the top reasons people travel, too. How is sober travel discussed on TikTok? Sentiment in the past year shows that among social media interactions 32% is positive, 38% is neutral and 30% is negative. The ranking, however, isn't a list of countries where alcohol sales are banned — places like Brunei, Saudi Arabia and Iran. Costa Rica ranked high on the list of "sober travel" destinations, in part, because of its outdoor activities and national parks.
Persons: He's, Virgin Mary, Dublin's, Artur Widak, Jordan – Organizations: Airports, CNBC Travel, Virgin, Nurphoto, YouTube, Social, Costa Rica, Siemens, Digitalvision, Getty, UNESCO, Heritage Locations: Koh Samui, Thailand, Brunei, Texas, Asia, United States, United Kingdom, Canada, South Africa, Australia, Saudi Arabia, Iran, U.S, Nepal, Morocco, Costa Rica, Turkey, Greece, Indonesia, Italy, Singapore, India, InsureMyTrip, North America
Read previewWarning: spoilers ahead for "A Good Girl's Guide To Murder" season one and the novels "Good Girl, Bad Blood" and "As Good As Dead." Pip may not have brought everyone to justice by the end of "A Good Girl's Guide To Murder" season one, but lead actor Emma Myers told Business Insider that one major character could "get what's coming to him" if the show is renewed. "A Good Girl's Guide To Murder" season one finale sets up a rivalry between Pip (Emma Myers) and Max (Henry Ashton). Max Hastings (Henry Ashton) uses his wealth and connections to evade the law in "A Good Girl's Guide To Murder." "A Good Girl's Guide to Murder" is out now on Netflix.
Persons: , Pip, Emma Myers, Myers, Pip Fitz, Amobi, Andie Bell, Lillie Davies, Andie, Sal Singh, Rahul Pattni, Sal, doesn't, Becca Bell, Carla Woodcock, Elliot Ward, Mathew Baynton, Becca, Elliot, Max Hastings, Henry Ashton, Max, shifty, I'm, Henry, who's, Jason Bel, Jason Organizations: Service, Business, BBC, Netflix
Supporters of Bharatiya Janata Party (BJP) hold party flags as they celebrate Narendra Modi's swearing-in ceremony on June 9, 2024. Sopa Images | Lightrocket | Getty ImagesThere is an "internal battle" happening within India's ruling Bharatiya Janata Party over inviting Chinese investments, as the country strives to become Asia's manufacturing powerhouse, Alicia Garcia-Herrero, chief Asia Pacific economist at Natixis said. This proposal was shot down by Trade Minister Piyush Goyal on Tuesday who said that there was "no rethinking at present" on allowing Chinese investments into India, Reuters reported. Experts told CNBC that Chinese investments are needed in India's solar panel and battery manufacturing sectors — two areas that a report, citing Indian government sources last week, mentioned could see easing restrictions on Chinese investments. India increased scrutiny on Chinese investments into the country, and also blocked several Chinese mobile apps including TikTok following the incident.
Persons: Narendra Modi's, Alicia Garcia, Herrero, Natixis, V Anantha, Piyush Goyal, Modi, Garcia, Rajesh Kumar Singh, Harsh, Pant, Tauseef Mustafa, Jaishankar, Punit Paranjpe Organizations: Bharatiya Janata Party, BJP, Asia, Trade, Reuters, CNBC, Department, Promotion of Industry, Internal, Bloomberg, ICT, Communication Technologies, New Delhi's Observer Research Foundation, Afp, Getty, India's Foreign, Adani Locations: Asia Pacific, China, India, Europe, loggerheads, Eastern Ladakh, Tokyo, U.S, Mundra
CNN —In an Olympic competition where participants generally use all the available equipment at their disposal to get ahead, Turkey’s Yusuf Dikeç offered a masterclass in nonchalance during the air pistol mixed team competition Tuesday – and went viral for it. I’ve done a lot of research on it, so I didn’t need the equipment,” Dikeç told Turkish radio station Radyo Gol. Kim won silver at the 10-meter air pistol event on Sunday, with her 19-year-old teammate Oh Ye Jin taking the gold. 🇰🇷 Kim Yeji 🤝 Yusuf Dikeç 🇹🇷 pic.twitter.com/gfkyGjFg4I — The Olympic Games (@Olympics) August 1, 2024One social media user said of Dikeç, “Top confidence. It’s safe to say that these Games are creating plenty of sporting heroes and legends, both on and off the competitive field.
Persons: Turkey’s Yusuf Dikeç, , Dikeç, Turkey’s, Sevval Ilayda, ” Dikeç, , , Kim Ye, Kim, Oh Ye Jin, Yu, ç, ami, Mike, bron, lau, winn Organizations: CNN, Turkish, Radyo Gol Locations: nonchalance
When former President Donald J. Trump questioned Vice President Kamala Harris’s racial identity in Chicago on Wednesday, he neglected a reality: that the country’s demographics have changed in recent decades, as more than 12 percent of Americans now identify as multiracial. Beneath that fact is another, lesser-known shift. They are part of a jump in multiracial Americans that demographers have tracked for decades, a marked rise that reflects the steadily increasing diversity of the U.S. population. The numbers of Latino and Asian people have risen sharply since the 1990s, and so has the rate of marriage between people of different races. This has resulted in more multiracial children.
Persons: Donald J, Trump, Kamala Harris’s, Harris Organizations: New York Times Locations: Chicago, India, Jamaica
Customers browse the S1 Pro electric scooter of Ola Electric Mobility Pvt. SoftBank -backed Ola Electric is set to raise nearly three quarters of a billion dollars with a stock market listing. India and four European nations — Iceland, Liechtenstein, Norway and Switzerland — struck a free trade agreement (FTA) earlier this year. "Our Free Trade Agreement negotiations is the floor not the ceiling of our ambitions to unlock our shared potential and deliver growth, from Bengaluru to Birmingham," Lammy said last week before his visit. India and the U.K. also have high rankings on the World Bank's Trade Complementarity Index, which indicates whether countries are natural trade partners.
Persons: Ola, Samyukta Lakshmi, Bharat, Switzerland —, David Lammy, Lammy, Chietigj Bajpaee, Narendra Modi's, Aastha Gudwani, Murugesh Organizations: Ola Electric Mobility, Ola Experience, Ola, Bloomberg, Getty, Mankind, Vaccines, South, House, India, Indian, Bank of America's, NYSE Locations: Bengaluru, India, Iceland, Liechtenstein, Norway, Switzerland, New Delhi, Birmingham, South Asia, Bank of America's India, Singapore, Japan
Donald Trump participates in a question and answer session at the National Association of Black Journalists (NABJ) convention at the Hilton Hotel in Chicago, Illinois on July 31. Getty ImagesFormer President Donald Trump, the Republican presidential nominee, drew gasps on Wednesday when he said at the National Association of Black Journalists convention that Vice President Kamala Harris, the presumptive Democratic nominee, had suddenly adopted a Black identity. Trump claimed: “I’ve known her a long time, indirectly, not directly very much, and she was always of Indian heritage, and she was only promoting Indian heritage. Harris graduated in 1986 from Howard University, a historically Black institution where she was a member of a historically Black sorority. After that, she was elected president of the association of Black law students in her second year at the University of California, Hastings College of the Law, according to her 2019 memoir.
Persons: Donald Trump, Kamala Harris, Harris ’, Trump, , Harris, , ” Trump’s, , Organizations: National Association of Black Journalists, Hilton Hotel, Getty, Republican, Democratic, Howard University, University of California, Hastings College of the, Politico, Hastings Law, San Locations: Chicago , Illinois, Jamaica, India, Indian, San Francisco
For the 67-year-old award-winning Zimbabwean, music has been the sole focus of his life. “My brother brought it home, and I thought, wow, that guitar,” Mhlanga added. Still, it was through collaboration that he made his mark, working with Zimbabwean music icon Oliver Mtukudzi. Mhlanga released his first solo album in 2000 and has since released more than 10 solo albums, EPs, and collaborative projects. After more than half a century playing his guitar, Mhlanga still aims to transform the African jazz sound.
Persons: CNN —, Louis Mhlanga, , I’ve, , Mhlanga, Ella Fitzgerald, Mahalia Jackson, Shaft, they’ve, ” Mhlanga, Jimi Hendrix, ” , Marvin Gaye, Louis Mlhlanga, Oliver Mtukudzi, Sipho Mabuse, Hugh Masekela, Miriam Makeba, Hope ”, George Duke, James Ingram, Al Jarreau, Andy Narell, Hans Timmermans Organizations: CNN, Isle of Wight Festival, Getty Locations: Isle of Wight, Vietnam, China, India, West Africa, South Africa
Read previewRussia is stepping up sanctions-evading measures to keep its international trade flowing. Russian central bank governor Elvira Nabiullina said the first transactions are expected by the end of this year, per Reuters. An existing ban on crypto payments in Russia remains, but Moscow's greenlighting crypto for international trade marks a significant shift. Russia could be eying a digital-currency-based settlement systemIt isn't clear how Russia's crypto and digital currency regimes will shape up. Even China, which has one of the world's most advanced digital currencies, relies on a "two-tier" system involving banks as wallet-holding agents.
Persons: , Elvira Nabiullina, Nabiullina, Vladimir Putin, Moscow hasn't, Christopher Granville, Granville Organizations: Service, Russia's, Duma —, Reuters, Business, Bloomberg, US Treasury, GlobalData, Lombard, Russia Locations: Russian, Russia, Ukraine, cryptocurrencies, Hong Kong, Moscow, China, UAE, Turkey, Austria, India
I didn’t know she was Black until a number of years ago when she happened to turn Black, and now she wants to be known as Black. Harris graduated in 1986 from Howard University, a historically Black institution where she was a member of a historically Black sorority. - Falsely claimed he was “protected” under the Presidential Records Act for taking official documents after his presidency. - Falsely claimed that “everybody,” including Democrats, wanted Roe v. Wade overturned and the issue of abortion policy returned to individual states. - Falsely claimed that Haris “didn’t pass” the bar exam.
Persons: Donald Trump, Kamala Harris, Harris ’, Trump, , Harris, , ” Trump’s, , ” Harris, , ‘ Mazel, Joe Biden’s, Biden, Roe, Wade, Haris “ didn’t, Four Trump, Brian Sicknick, Sicknick, ” CNN’s Andrew Kaczynski, Em Steck, Julie In Organizations: Washington CNN, Republican, National Association of Black Journalists, Democratic, Howard University, University of California, Hastings College of the, Politico, Hastings Law, San, South, Black, United States Senate, Trump, Central, Biden, Presidential, Capitol, Capitol Police, Washington Post Locations: Jamaica, India, Indian, San Francisco, American, California, Asian, Jamaican
Air India will start flying from Delhi to New York in November. One of its brand-new Airbus A350 jets was displayed at the Farnborough Airshow. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAir India announced in July that it will fly its Airbus A350 jets to Newark and JFK Airports in just a few months. Two years ago, the government sold Air India to the Tata Group conglomerate, and former Scoot CEO Campbell Wilson was hired to lead the transformation.
Persons: , Campbell Wilson Organizations: Airbus, Farnborough, Service, Air India, JFK Airports, Indian, Air, Tata Group, Business Locations: India, Delhi, New York, Newark, Air India
Olympic and Paralympic medals are shown during the unveiling of the Paris 2024 Olympic and Paralympic Games Medals on February 1, 2024 in Paris, France. Pascal Le Segretain | Getty Images Sport | Getty ImagesThe Paris 2024 Olympics is well underway, with dozens of medals already handed out. Vivian Kong won Hong Kong's first medal at the Paris Games, topping the podium in the women's epee individual event. Vaughn Ridley | Getty Images Sport | Getty ImagesOther governments dangling six-figure cash rewards for their gold medalists include Israel, Malaysia, Kazakhstan and Indonesia. Gold medalists receive 20,000 euros ($22,000).
Persons: Pascal Le Segretain, Hong, Administration Chan Kwok, ki, Vivian Kong, Hong Kong's, Cheung Ka, Siobhan Bernadette Haughey, Joseph, Michael Phelps, Vaughn Ridley, Man Wai Vivian Kong Organizations: Paris, Paralympic, Getty, International Olympic, CNBC, Olympic, Hong Kong, Tokyo, Administration, HK, Paris Games, Singapore, United, Rio, Tokyo Games, Germany's Sports Aid Foundation, Indian Olympic Association, Team Hong Kong, Olympic Games, Grand Palais Locations: Paris, France, Hong Kong, Singapore, United States, Israel, Malaysia, Kazakhstan, Indonesia, Grand
AdvertisementSeveral cities have been trying to take advantage of the new policy, including Dubai, Milan, and more. A recently relocated hedge fund manager in Milan is planning to visit London or New York six or seven times a year going forward. "The best type of knowledge comes from people, from frequent interaction with people," said a Milan-based hedge fund manager. Several people — based in spots such as Dubai, Milan, and Zurich — mentioned that people early in their careers should still prioritize working in the biggest cities though. Moving to the Middle East just to interact with fellow UK ex-pats doesn't add much diversification to a portfolio manager's life.
Persons: , Julian Robertson, Muyshondt, Elena Partners, Steve Cohen's Point72, Sebastian Dickgiesser, Girish Chouhan, aren't, COVID, I'm, Alfonso Peccatiello, he's, Darren Wolf, abrdn, It's, Wolf, Zoom Organizations: Service, Tyrian Investments, Business, Labour, Henley & Partners, United Arab, Eisler Capital, Capstone Investment Advisors, Getty, London, Investors, , pats Locations: New York, Cascais, Portugal, Lisbon, London, Florida, Hong Kong, Dubai, Milan, China, United Arab Emirates, Italy, Point72, Girish Chouhan Dubai, Abu Dhabi, India, East, Europe, Madrid, Zurich, Amsterdam, Netherlands, Brera, , Milan's Brera, UAE
On a sweltering morning at a truck yard in the northern Indian state of Haryana, he climbed into the cab of his 10-wheel tractor-trailer, started the engine and rumbled slowly onto the highway. Mr. Khan, 49, is a driver for Chetak Logistics, a major Indian trucking company. He stopped every couple of hours at roadside tea stands and restaurants, devouring snacks and chatting with other truck drivers. “I drive in a very leisurely manner,” Mr. Khan said. What’s the hurry?”For those who earn their living navigating the unpredictable highways of India, Mr. Khan was voicing an unimpeachably sensible mantra.
Persons: Ragib Khan, Khan, Mr, Organizations: Chetak Logistics Locations: Haryana, Indian, Bengaluru, India
She’s Kim Yeji, the 31-year-old South Korean sharpshooter who has taken social media by storm following her appearance at the Paris Olympics. Kim won silver at the 10-meter air pistol event on Sunday, with her 19-year-old teammate Oh Ye Jin taking the gold. The platform’s owner, Elon Musk, meanwhile commented that Kim “should be cast in an action movie.”Kim, a first-time Olympian, will next compete at the qualifying round of the 25-meter pistol event on Friday. Kim (left) on the podium alongside gold-medal-winning team mate Oh Ye Jin and bronze medalist Manu Bhaker of India. Kim and Oh are roommates in the Olympic Village, according to the Associated Press, with Kim saying Oh was like a sister to her.
Persons: Kim Yeji, Kim, Oh Ye Jin, ” Charles McQuillan, Sauer, Charles McQuillan, , Elon Musk, Kim “, ” Kim, Manu Bhaker, Alain Jocard, Organizations: CNN, Paris, Twitter, Getty, Olympic Games, Associated Press, Olympics Locations: Azerbaijan, India, AFP
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWorld Gold Council says there's been an overall increase in investment demandJuan Carlos Artigas, global head of investment research at World Gold Council, also discusses India's demand for the yellow metal.
Persons: there's, Juan Carlos Artigas Organizations: Gold Council
CNN —The northern lights could grace skies farther south than usual this week because of a solar storm that may affect Earth, according to the US National Oceanic and Atmospheric Administration’s Space Weather Prediction Center. The center issued a strong geomagnetic storm watch, known as a G3 — the third highest level out of five — for July 29 to July 31. Strong geomagnetic storms are infrequent, the Space Weather Prediction Center said, but they’re more common than the G5, or extreme, geomagnetic storm that occurred on May 10 and May 11. If the predicted G3 conditions occur, auroras could be visible as far south as Illinois and Oregon, the Space Weather Prediction Center said. Alerts issued by NOAA’s Space Weather Prediction Center and other agencies help the operators of power grids and commercial satellites to mitigate potential negative impacts from a solar storm.
Persons: Aurorasaurus Organizations: CNN, Oceanic, Prediction, NOAA, Met, Meteorology, NASA Locations: Illinois, Oregon, United Kingdom, Scotland, Australia, Southern, India, Sweden, South Africa
Dr. Reddy's Laboratories: India 'will be our number one market'
  + stars: | 2024-07-30 | 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 EmailDr. Reddy's Laboratories: India 'will be our number one market'Erez Israeli of Dr. Reddy's Laboratories says the company is "absolutely planning to play" in the biologics space, and while the U.S. remains a key market for the company, India and other markets will grow faster.
Organizations: Reddy's Laboratories Locations: India, U.S
CNN —At least 43 people have died following major landslides in the southern Indian state of Kerala, officials said Tuesday. A massive rescue operation is underway in Kerala’s northeastern district of Wayanad, involving 250 people from the national and state disaster rescue force and the Kerala fire services, PM Manoj, Press Secretary to the Kerala Chief Minister, told CNN. “We don’t know if people have been washed away in the river but we are doing our best to rescue people. Rescuers help residents move to a safer place after multiple landslides hit Wayanad, in the southern state of Kerala, India, on July 30, 2024. In a post to X, Indian Prime Minister Narendra Modi said he was “distressed by the landslides in parts of Wayanad.
Persons: Manoj, ” Saseendran, Kowsigan, Stringer, , George, Narendra Modi, , gratia Organizations: CNN, , Reuters, “ Helicopters, Indian Locations: Kerala, Kerala’s, Wayanad, India, South Asia, China
Labor Abuses Abroad
  + stars: | 2024-07-30 | by ( Megha Rajagopalan | ) www.nytimes.com   time to read: +1 min
In the 1990s, more U.S. companies began manufacturing abroad, where labor was cheaper. Journalists, consumers and human rights groups noticed that, away from the eyes of American unions and regulators, these multinationals sometimes used brutal cost-saving measures, such as sweat shops and child labor. Companies would hire outside inspectors to scrutinize their supply chains. These inspectors would visit their suppliers’ factories, investigate abuses and determine whether everyone was following the rules. Major companies signed on, sending a message that they could clean up their own supply chains.
Persons: , Saumya Khandelwal Organizations: Journalists, Times Locations: India, Maharashtra
At least 23 people were killed in the southern Indian state of Kerala on Tuesday, officials said, after landslides triggered by heavy rains struck an area with rugged, hilly terrain. Rescue workers were struggling to reach the area, in the rural district of Wayanad, because bridges had collapsed and roads had been swept away. State officials said more than 400 families were stranded in remote villages, because the only road connecting them to the rest of Kerala had been cut off. “The weather is very bad, but we are trying to do everything we can,” said Veena George, Kerala’s health minister. Television footage showed water gushing through extensively damaged residential areas.
Persons: , Veena George Locations: Kerala, Wayanad
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