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Some guests at Saudi Arabia's annual investment conference will have the chance to visit part of Neom. A group of visitors will be taken to Sindalah, an island retreat in the Red Sea, Bloomberg reports. AdvertisementAs guests descend upon Saudi Arabia for a major annual investment conference, some will have the opportunity to see the country's futuristic megacity, Neom, firsthand. Days before the conference begins, a select group of guests has been invited to visit Sindalah Island, per Bloomberg. Sindalah is a luxury island complex in the Red Sea off Saudi Arabia's west coast designed as a "unique escape" for visitors to Neom.
Persons: Neom, , BlackRock's Larry Fink, Goldman Sachs, David Solomon, Citigroup's Jane Fraser, Julia Hoggett, Ken Griffin, Sindalah, Prince Mohammed bin Salman, Malcolm Aw Organizations: Saudi, Bloomberg, Service, Investment Initiative, London Stock, Solar, Business Locations: Neom, Red, Saudi, Saudi Arabia, Riyadh, Sindalah
Hong Kong CNN —Two tickets for passage on what could be the first Chinese rocket ship to take tourists to space were sold Thursday, according to a livestream held by the company, as the country’s commercial space firms aim to join a small but expanding global space tourism industry. Some 3 million people tuned in to the broadcast on Chinese shopping platform Taobao, which was the first time a Chinese firm has put tickets for space tourism up for public sale. Deep Blue Aerospace CEO Huo Liang (center) sells two tickets for his company's 2027 spaceflight alongside two hosts during a livestream on commerce platform Taobao. Amazon founder Jeff Bezos’ Blue Origin completed its first commercial human space flight with four private citizens in 2021, while Virgin Galactic, the space tourism venture founded by British billionaire Richard Branson, began offering regular trips to the edge of space last year. Deep Blue Aerospace is not the only Chinese firm with a plan to send humans to space.
Persons: , , SpaceX’s, Huo Liang, Huo, , what’s, Jeff Bezos, Richard Branson, Taobao Organizations: Hong Kong CNN, Deep Blue Aerospace, Aerospace, ” Companies, Blue Aerospace, Virgin Galactic, Companies, Polaris, Space Locations: Hong Kong, China, United States, British,
London CNN —Iceland’s economy is outperforming most European peers after the nationwide introduction of a shorter working week with no loss in pay, according to research released Friday. In two large trials between 2015 and 2019, public sector employees in Iceland worked 35-36 hours per week, with no reduction in pay. The trials involved 2,500 people — more than 1% of Iceland’s working population at the time — and were aimed at maintaining or increasing productivity while improving work-life balance. Following the trials, Icelandic trade unions negotiated reductions in working hours for tens of thousands of their members across the country. That is much higher than the country’s average growth rate of almost 2% in the decade between 2006 and 2015.
Persons: Alda Organizations: London CNN, Autonomy Institute, Iceland’s Association for Sustainability, Democracy, Iceland …, International Monetary Locations: Iceland, Europe, United Kingdom, Malta, United States, Ireland
Venice, Italy CNN —It caused ripples of confusion among tourists and anger among locals, but the Venice entry fee for day-trippers is here to stay. The fee structure will be changed, as well – from a flat 5 euro ($5.40) in 2024 to a two-tier system. Visitors who pay the fee more than four days ahead of their visit will pay the 5 euro fee. The council has not said how it plans to enforce tourists using the bags assigned to them, however. Landlords have 120 days to register their properties after the date on which the city council approves the plans, assuming that it does.
Persons: , Luigi Brugnaro, Andrea Merola, Brugnaro Organizations: Italy CNN, Visitors, Piazzale Roma, Bloomberg, Getty Locations: Venice, Italy, Murano, Mestre, “ Venice, Europe, Airbnb, New York, Paris, Barcelona, Berlin
BEIJING — The United States will judge China “on its actions, not just its words,” U.S. “It’s very important that we have these channels of communication,” Burns said in an exclusive interview in Beijing on Wednesday. “We want to be responsible for our own people, but also for the world as we conduct this relationship,” Burns said. During their summit last year, the two leaders said there should be more people-to-people exchanges between their countries, including in academics, business and tourism. It’s a very challenging relationship,” Burns said.
Persons: China “, China Nicholas Burns, Burns, ” Burns, Joe Biden, Donald Trump, Biden, Xi Jinping, It’s, ” Janis Mackey Frayer, Jennifer Jett Organizations: China, U.S, NBC, Pacific, Ukraine, Chinese Commerce Ministry, United Nations, Biden, Embassy, Foreign Ministry, American Chamber of Commerce Locations: BEIJING, United States, China, U.S, Beijing, People’s Republic of China, Asia, Pacific, South, Taiwan, Washington, South Korea, Japan, Philippines, Russia, Ukraine, Xinjiang, Tibet, Hong Kong, Gaza, Israel, California, Shanghai
CNN —There’s a spot on the shoreline from where Azamat Sarsenbayev used to jump into the brackish, blue-green Caspian Sea. Azamat SarsenbayevThe Caspian Sea is the planet’s largest inland sea and it’s largest lake, an enormous body of water roughly the size of Montana. NASAOver many thousands of years, the Caspian Sea has swung between highs and lows as temperatures fluctuated and ice sheets advanced and retreated. Their pupping sites in the shallower northeastern Caspian Sea are shifting and disappearing, as the animals also struggle against pollution and overfishing. Scientists counted 25,000 at one haul-out site on the Durnev Islands in the northeast Caspian Sea in 2009.
Persons: CNN —, Sarsenbayev, , Javanmardi, Azamat, Vali Kaleji, Matthias Prange, ” Prange, Joy Singarayer, Muhammed Enes Yildirim, Hossein Beris, University of Tehran’s Kaleji, ” Singarayer, ” Wesslingh, It’s, Kazbek Basayev, Reuters It’s, Assel Baimukanova, Kaleji, Aziz Karimov, Ilham Aliyev Organizations: CNN, NASA, Central, Caucasian Studies, University of Tehran, University of Bremen, University of Reading, Getty, University of Tehran’s, Reuters, Institute of Hydrobiology, , Caspian, United Nations Locations: Aktau, Kazakhstan, Iranian, Rasht, Montana, Iran, Azerbaijan, Russia, Turkmenistan, Central Asia, Aral, Uzbekistan, Germany, Anadolu, Galugah, Mazandaran province, Makhachkala, Baku, COP29,
Gucci had a challenging third quarter partly due to its Asia Pacific slump, per Kering's latest earnings call. AdvertisementGucci just had a bad quarter, and Kering is attributing the lackluster performance to a slump in its Asia Pacific market. According to a third-quarter revenue infographic by Kering, sales in the Asia Pacific region were down 38% compared to the previous year. According to Kering, Gucci saw a 7% increase in sales in Japan in the third quarter compared to the start of 2024. AdvertisementApart from Gucci, Kering's other brand, Yves Saint Laurent, also suffered a loss.
Persons: Gucci, It's, , Henri Pinault, James Grzinic, LVMH, Kering, Amrita Banta, Yves Saint Laurent, Stefano Cantino, Cantino Organizations: Service, Gucci, RBC, Reuters, mojo, Jefferies, Research, Strategy, Business Insider Locations: Asia, China, Asia Pacific, Japan, Europe
The number of manufacturing jobs has fallen 45 percent since the late 1990s, as factories have shuttered or moved to Mexico, China and elsewhere. Canton represents the kind of struggling manufacturing town that once churned out American products. They argue that the candidates’ proposals aren’t enough to reverse the trends — globalization, free trade agreements, automation and other technological changes — that caused manufacturing jobs to leave America in the first place. That helps explain why, despite Mr. Biden’s subsidies, the number of manufacturing jobs nationwide remains 34 percent lower than it was in the late 1970s. Modern manufacturing jobs also often require a postsecondary education.
Persons: Hoover, Donald J, Trump, Kamala Harris, Trump’s, , Alec Stapp, Kimberly Kenney, McKinley, Organizations: Industries, Canton, Canton Board of Trade, Institute for Progress, Federal, Companies, McKinley Presidential Library and Museum, Local Locations: Canton , Ohio, Canton, Mexico, China, United States, American, Phoenix, Silicon Valley, Boston, fracking, City
He then looked at the diverging fortunes of those restaurants that went on to receive a Michelin star — a signifier of excellence in the industry. By 2019, Sands found that restaurants given a Michelin star were more likely to shutter. The publicity created around an award such as a Michelin star drives interest. But he pointed out that even if they ultimately failed, the Michelin restaurants that closed in Sands' research generally had a pretty good run. In many ways, "what to do about growth" is a classic question in any business, including restaurants and hospitality.
Persons: Daniel Sands, Sands, Darren Tristano, Joe Carroll, Anselm, haven't, Carroll doesn't, Danny Meyer, Ryan Sutton, It's, John Gordon, Carroll, Semilla, Emily Stewart Organizations: University College London's School of Management, Michelin, The New York Times, New York Times, New, Square, LO Times, Business Locations: York, New York, Brooklyn, Sands, San Diego, , New York, Philadelphia, Manhattan
Qatar Airways' first flight using Elon Musk's Starlink took off on Tuesday. The SpaceX CEO previously joined a video call with the Qatar CEO, who was on board a test flight. AdvertisementQatar Airways has launched its first flight featuring Elon Musk's Starlink internet. On a previous test flight, Musk joined a video call with Qatar Airways CEO Badr Mohammed Al-Meer. Related stories"It's only going to get better," Musk replied.
Persons: Elon Musk's Starlink, , Elon Musk's, Musk, Badr Mohammed Al, Meer, Saad bin Ali Al, Skytrax — Organizations: Qatar Airways, Elon, SpaceX, Business, Service, Boeing, London Heathrow, Airbus, Qatar Tourism, Qatar —, Skytrax, Hawaiian Airlines, United Airlines, Air Locations: Qatar, Doha, Al, Air France
Oil prices ended down 7% last week and are lower this year-to-date, despite Middle East tensions. Oil prices have been depressed this year because China — the world's largest oil importer — is in a prolonged economic downturn. Last year, they each accounted for 11% of the world's oil supply. This means that Saudi Arabia is looking to corner a larger market share instead of targeting higher profit margins by restricting output. Advertisement"But the problem is when oil prices spike, it sends oil companies searching for temporarily profitable oil," he added, referring to the US shale boom as the most recent example.
Persons: , Abishur Prakash, Prakash, Anton Siluanov, Matthew Huber, we're, Huber Organizations: Service, , Financial Times, International Energy Agency, Brent, US West Texas, Syracuse University, Saudi, Trump, OPEC Locations: Saudi Arabia, Russia, China, Toronto, Israel, Iran, Europe, OPEC
Qatar Airways Group CEO Badr Al Meer (center) and Qatar Tourism Chairman Saad bin Ali Al Kharji (left) speak with Elon Musk (right) via Starlink on board the flight. Qatar Airways launched Tuesday its inaugural Boeing 777 flight equipped with Elon Musk's Starlink internet, paving the way for a new era of in-flight connectivity across its entire fleet by next year. To demonstrate the milestone, Qatar Airways CEO Badr Al Meer held a video call with Starlink founder Musk while flying at 35,000 feet from Doha to London. Qatar Airways' move to introduce free high-speed internet across its fleet is a direct challenge to competitor airlines who typically offer lower-speed and often patchy paid services, or status-restricted wi-fi access to the flying public. Over time I think you'll find it just gets better and better," Musk said before Al Meer gave him a video tour of the cockpit.
Persons: Badr Al Meer, Saad bin Ali Al Kharji, Elon Musk, Elon Musk's, Musk, We're, Al Meer, Saad bin Ali Al, Kharji Organizations: Qatar Airways Group, Qatar Tourism, Qatar Airways, Boeing, Elon, Qatari, Airbus Locations: Qatar, Starlink, Doha, London, Qatari
HAVANA — Millions remain without power in Cuba for a third consecutive day as slow progress is made in restoring electricity following multiple major grid failures. Hurricane Oscar, a Category 1 storm, made landfall on eastern Cuba's northern coast Sunday evening with sustained winds of 80 mph. Levi blamed the U.S.'s “brutal blockade” for the financial difficulties in acquiring fuel and spare parts for Cuba's power plants, as well as for the current electric power crisis. Cuban police and military stand next to debris used to block a street during a protest against a blackout, after opening the street up to traffic, in Havana, Cuba on Saturday. Cuba’s economic crisis has spurred massive migration.
Persons: Vicente de la O Levi, Levi, Miguel Díaz, Norlys Perez, , , ” Levi, Donald Trump’s, Orlando Matos, Carmen Sesin Organizations: U.S, Cuban, U.S . State Department, NBC News, Reuters Locations: HAVANA, Cuba, U.S, Colombia, Mexico, Venezuela, Russia, Havana, States, Miami
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMongolia has attracted 700,000 visitors in 2024, says tourism ministerMongolia has attracted some 700,000 international visitors this year, Nomin Chinbat, Ministry of Culture, Sport, Tourism, and Youth, told "Squawk Box Asia." The country is looking to expand the tourism season into the winter to meet its goal to attract one million travelers, she said.
Persons: Nomin Chinbat Organizations: Mongolia, Ministry of Culture, Tourism Locations: Mongolia
Hong Kong Reuters —Melioidosis, a bacterial infection, was responsible for killing at least nine monkeys at a Hong Kong zoo, authorities said, as a further two died over the weekend, taking the total to 11 in the past week. Part of the zoo, built in 1860 and the oldest park in Hong Kong, has remained shut since October 14 when authorities reported the first batch of monkey deaths. Autopsies found a large amount of the melioidosis-inducing bacteria in the monkeys organs, which likely came from soil near the monkeys habitat, they said. Visitors look at a buff-cheeked gibbon at Hong Kong Zoological and Botanical Gardens after 11 monkeys died of sepsis following melioidosis infection in the past week, in Hong Kong on October 21, 2024. Tyrone Siu/ReutersKevin Yeung, the city’s culture and tourism minister, told local public broadcaster RTHK that works at the zoo required digging up the soil near where the monkeys lived.
Persons: Hong Kong Reuters —, gibbon, Tyrone Siu, Kevin Yeung, , Organizations: Hong Kong Reuters, Authorities, Hong Kong Zoological, RTHK, Workers Locations: Hong Kong, Hong
CNN —A ferry connecting an island off the coast of Georgia resumed operations Monday while the investigation to see what might have caused a deadly dock collapse that killed seven people continues. “Our hearts continue to go out to the victims, their families, and all of those involved in Saturday’s tragic occurrence on Sapelo Island,” said Walter Rabon, the department’s commissioner. Febury Hassan/Caring Connection Chaplaincy/Zelda Johnson/William Johnson Sr./John Thomas/Impact Church“He was a real, laid back, humble guy,” his son, Jeff Thomas, told CNN. “Sapelo Island itself is a jewel within Georgia,” he said. The event honors Geechee traditions and has “entertainers, vendors, and special guests, including Island descendants” according to the Sapelo Island Cultural and Revitalization Society.
Persons: , Walter Rabon, Ben Crump, ” Crump, , Melvin Amerson, Jacqueline Crews Carter, Cynthia Gibbs, William Johnson Jr, Carlotta McIntosh, Isaiah Thomas, Queen Welch, Charles L, Welch, Johnson Jr, William Johnson Sr, ” Johnson, , Zelda, , Zelda Johnson, Thomas, Charles Houston, Febury Hassan, John Thomas, Jeff Thomas, Thomas ’, Catherine Sneed, ” Sneed, Vanessa Jordan, Deacon Randall Jordan, Gibbs, Jordan, McIntosh, ” Febury Hassan, ” Hassan, Hassan, Roger Lotson, Lotson, ” Lotson, ” CNN’s Devon Sayers, Kia Fatahi, Zenebou Sylla Organizations: CNN, Georgia Department of Natural Resources, , US Air Force, Wellesley College, Impact Church, Revitalization Society Locations: Georgia, Jacksonville , Florida, Atlanta, Darien , Georgia, McIntosh County, Sapelo, , McIntosh
A woman boils water while another lights her with a mobile phone during a nationwide blackout in Matanzas, Cuba, on Oct. 18, 2024. Cars drive through a dark street, in Havana, on Oct. 18, 2024. He blamed the U.S. embargo on Cuba for the lack of fuel and hard currency it needs. Over one million people, or 10% of Cuba’s population, have fled the island between 2022 and 2023, according to the country’s national statistics office. Orlando Matos reported from Havana and Carmen Sesin reported from Miami.
Persons: Antonio Levi, Nick Kaiser, Miguel Díaz, Canel, Bruno Rodríguez, Adalberto Roque, Donald Trump’s, Orlando Matos, Carmen Sesin Organizations: Electric, Getty, Antonio Locations: Cuba, State, Havana, Matanzas , Cuba, AFP, night’s, U.S, Venezuela, Russia, Mexico, Miami
HONG KONG — Nine monkeys who died in Hong Kong’s oldest zoo in two days this week had been infected with an endemic disease, possibly after some digging work near their cages, officials said on Friday. Another possibility is that some infected monkeys had close contact with other monkeys, he said. “The incubation period for melioidosis in primates is about a week and this matched with the period after the soil digging work,” he said. Edwin Tsui, the controller of the center, said the incident only happened in a single zone and its impact on Hong Kong residents would be very low. The Hong Kong Zoological and Botanical Gardens — the oldest park in the former British colony — fully opened to the public in 1871.
Persons: Kevin Yeung, melioidosis, Yeung, “ We’re, , Edwin Tsui Organizations: Culture, Hong Kong Zoological, Botanical Gardens, International Union for Conservation of, Hong Kong’s Center for Health Protection, Leisure, Cultural Services Department, Agriculture, Fisheries, Conservation Department, Department of Health Locations: HONG KONG, Hong Kong’s, Hong, Hong Kong, Central
Resume stalking can help job seekers identify patterns that can set them on the right career path. He also gives advice on how job seekers can narrow down roles they might be interested in. That's where resume stalking comes in. Gorick Ng, a career advisor at Harvard, said job seekers should ask themselves three questions to narrow down their search. If a job seeker knows where they want to live, they can specifically search in Google for major employers in that location.
Persons: , Gen, there's, Gorick Ng, Ng, they've, you'll, Nile, you've Organizations: Harvard, LinkedIn, Service, Gen Z, Harvard University, Nile Scott Studios
Human life has no price and is not a commodity.”People demonstrate near Italy's Senate this week to oppose the country's new legislation. Francis has shifted the church’s approach on welcoming LGBTQ people, but has maintained a strong line opposing both abortion and surrogacy. The new Italian law does not differentiate between same-sex and heterosexual couples, nor between altruistic or paid surrogacy, but it will disproportionately affect the LGBTQ community, advocates fear. “Law or no law, same-sex families exist and will continue to exist. LGBTQ activists who protested outside the Senate on Wednesday said that heterosexual couples make up 90% of all surrogacies.
Persons: Giorgia Meloni’s, Pope Francis an, Meloni, Simona Granati, Francis, , , ” Laura Boldrini, ” Alessia Crocini, Michela Calabro, Mauro Scrobogna, Elon Musk, Francis ’ Organizations: CNN, Italy, Catholic Church, Italian Catholic Church, Italy's Senate, Catholic, , Families, European Union Locations: Italy, United States, Canada, Italy's, Vatican, Italian, ” Italy, , Albania
HAVANA — The electricity went out Friday in Cuba, affecting the entire island's population of 10 million after one of its main power plants failed, according to Cuba’s energy ministry. But it wasn’t enough, and by 11 a.m. the largest power plant went offline, causing a grid failure. In some provinces outside the capital, Havana, many people have been facing power outages that last up to 12 hours at a time. Cuba’s ally and main oil supplier, Venezuela, has decreased the amount of shipments it sends to the island. Oil shipments from other countries, like Russia and Mexico, have also been greatly diminished.
Persons: Miguel Díaz, Manuel Marrero, , Donald Trump, Carmen Sesin, Orlando Matos Organizations: Authorities, NBC News Locations: HAVANA, Cuba, Havana, Venezuela, Russia, Mexico, Old Havana, Miami
The previous record from the 2014 to 2017 mass bleaching affected just below 66% of the world’s reef area. Triggered by heat stress in warm oceans, coral bleaching occurs when corals expel the colourful algae living in their tissues. A bleached coral is not dead, but ocean temperatures need to cool off for any hope of recovery. “We’ve never had a coral bleaching event this big before.”In just the last six weeks, bleaching has been confirmed in the waters of Palau, Guam and Israel. What are we going to do about it?” said Emily Darling, who leads the Wildlife Conservation Society’s global coral reef conservation programme.
Persons: Derek Manzello, Sirachai Arunrugstichai, Lillian Suwanrumpha, Manzello, “ We’ve, , Emily Darling, El Niño Organizations: CNN, National Oceanic, Atmospheric Administration, Reuters, NOAA, Reef, Getty, , United Nations, Wildlife Conservation Locations: Trat, Thailand, Raja Ampat, Indonesia's West Papua, AFP, Palau, Guam, Israel, Caribbean, South China, Colombia
Alison Emerick and her husband traveled to Bali for a break on their way home to Colorado. They settled into Bali life quickly, with two young kids, and didn't want to leave. AdvertisementWe settled into Bali life quicklyAs the weeks went by, and life slowed down, we realized we really liked it here. The author, her husband, and two kids embrace Bali life. The author loves how easy it is to pick up the kids from school and head to the beach as a family.
Persons: Alison Emerick, , It's, we're, Alison Emerick Bali, we've, We've, I've, We're Organizations: Service, Singapore American School, manta Locations: Bali, Colorado, Singapore, Singapore ., Indonesia, Sanur, Canggu, Penida, Komodo, East Java, Ubud, Overdevelopment, Rivers
New York CNN —The economic successes of Asheville, North Carolina and Tampa, Florida, have been the envy of many cities across the United States. Will the economies in hard-hit areas like Asheville and Tampa ever fully recover from the hurricanes? Economic activity plunged in the immediate months following Hurricane Katrina in New Orleans, Hurricane Harvey in Houston and Hurricane Irma in Columbia, South Carolina. But within one year after those hurricanes, among the costliest in the US in the last 20 years, economic activity rebounded to levels similar to or greater than before the hurricanes. People could similarly leave parts of Florida if home and flood insurance rates, which have gone up significantly in recent years, continue to jump post Helene and Milton, Kamins told CNN.
Persons: Hurricanes Helene, Milton, Hurricane Harvey, Hurricane Irma, Harvey, Irma, Eric Gay, Helene, Adam Kamins, ” Kamins, Kamins, he’s Organizations: New, New York CNN, Labor Department, Hurricanes, Office, National Guard, Hurricane, ” Local, Moody’s, CNN Locations: New York, Asheville , North Carolina, Tampa , Florida, United States, Will, Asheville, Tampa, New Orleans, Hurricane, Houston, Columbia , South Carolina, Sandy, New Orleans , Louisiana, Texas, , ” Local Louisiana, Orleans, Florida, North Carolina
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