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☆ China moon spacecraft named ‘Dream Vessel’
▼ + stars: | 2024-02-26 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —China’s space agency has revealed the names of the spacecraft that it hopes will take Chinese astronauts to the moon by the end of the decade. In a news release over the weekend, the China Manned Space Agency said development was “progressing well” on the spaceship Mengzhou, or Dream Vessel, the lander, Lanyue, or Embracing the Moon, and a super-heavy-lift carrier rocket named Long March 10. The name Mengzhou is linked to the “Chinese nation’s dream of landing on the moon,” it added. The United States is ramping up its lunar program, with NASA last month announcing its plan to land astronauts on the moon in 2026, a year behind its original schedule. Last week, the commercial Odysseus lunar lander developed by Intuitive Machines became the first US-made spacecraft to touch down on the moon in 50 years.

Persons: “ Lanyue ”, Mao Zedong, Xi Jinping’s, Japan’s Organizations: Hong Kong CNN, China Manned Space Agency, NASA, Machines Locations: Hong Kong, China, Beijing, People’s Republic of China, United States, Japan, India

☆ This country is set to see the sharpest spike in wealth growth over the next decade
▼ + stars: | 2024-02-21 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Vietnam is set to see the sharpest spike in wealth growth over the next decade as it cements its status as a global manufacturing hub, according to a report by global wealth intelligence firm New World Wealth and investment migration advisors Henley & Partners. The Southeast Asian country is forecast to see a 125% increase in wealth over the next 10 years, Andrew Amoils, New World Wealth's analyst, told CNBC. This would be the largest expansion in wealth of any country in terms of GDP per capita and number of millionaires, according to the firm's analysis. "Vietnam is an increasingly popular manufacturing base for multinational tech, automotive, electronics, clothing and textile firms," Amoils said. India, which is set to become the world's third-largest economy by 2027, takes the second spot with an expected 110% growth in wealth, he added.

Persons: Andrew Amoils, Amoils Organizations: Wealth, Henley & Partners, CNBC Locations: Vietnam, Andrew Amoils ,, India, Asia, Pacific

☆ Intuitive Machines’ Odysseus: Why moon-landing missions are hard to do
▼ + stars: | 2024-02-21 | by ( Kristin Fisher | Jackie Wattles | ) edition.cnn.com time to read: +12 min

The lunar lander called Odysseus or IM-1, created by Houston-based company Intuitive Machines, is barreling toward the moon. If it fails, Odysseus would become the third lunar lander to meet a fiery demise on the moon in less than a year. Russia’s first lunar lander mission in 47 years, Luna 25, failed in August 2023 when it crash-landed. Overall, more than half of all lunar landing attempts have ended in failure — tough odds for a feat humanity first pulled off nearly 60 years ago. The US remains the only country to have put humans on the lunar surface, most recently in 1972 with the Apollo 17 mission.

Persons: Odysseus, Luna, Ispace, Japan —, hasn’t, Scott Pace, George Washington, “, ” Pace, Artemis, ”, Greg Autry, “ There’s, India’s, Jitendra Singh, Satish, Satish Baby, ” Singh, Astrobotic, Steve Altemus, it’s, Glynn Lunney, ” Autry, “ Neil, Armstrong, “ We’ve, Joel Kearns Organizations: CNN, Technology, Policy Institute, ”, Arizona State University’s Thunderbird School of Global Management, State for Science, Indian Space Research Organisation, Space, Getty, Economic Times, NASA, Payload Services, Johnson Space Center, AP Locations: United States, Houston, Japan, Soviet, States, China, India, Sriharikota, Andhra Pradesh, AFP, New York, Los Angeles, what's

☆ A top investor in global brands from Airbnb to Snap says we need swift 'guardrails' to get countries on the same page about AI
▼ + stars: | 2024-02-20 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

The CEO of the VC firm General Catalyst told WSJ that international collaboration will be crucial. World leaders should "align on some core protocols" for AI development, he said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Advertisement"Now there's this tension where no country wants to be left behind. So far, Russia has lagged behind China and the US in AI development.

Persons: Catalyst, —, Hemant Taneja, Taneja —, Taneja, Joe Biden, it's, Vladimir Putin Organizations: Service, Wall, publication's, US Commerce Department, European Locations: France, India, China, Russia

☆ The Kremlin has never been richer – thanks to a US strategic partner
▼ + stars: | 2024-02-19 | by ( Nick Paton Walsh | Florence Davey-Attlee | ) edition.cnn.com time to read: +9 min

It amounts to US strategic partner New Delhi stepping in to replace crude purchases by Western buyers, reduced by sanctions over Russia’s invasion of Ukraine, the analysis said. The United States led a coalition of countries in late 2022 that agreed to a “price cap,” undertaking not to buy Russian crude above $60 a barrel. Those nations also forbade their shipping companies and insurance firms – key players in global shipping – from facilitating the trade of Russian crude above that price. “The price cap was the real trigger for the creation of the shadow fleet,” said Viktor Katona, head of crude oil analysis at trade research firm Kpler. It will be $150.”India’s complex role in global oil trade is also reflected in the fate of the oil products Russian crude is turned into.

Persons: they’re, ”, David Tannenbaum, Viktor Katona, Tannenbaum, ” Ami Daniel, Vladimir Putin, Howard Shatz, Singh Puri, Rosneft, Daniel, I’m Organizations: CNN, Centre for Research, Energy, Clean, Star, Pole Star, US Treasury, United, Pole Star Global, European Union, RAND, India’s, Petroleum, Natural Gas, CNBC, Nayara, Kremlin Locations: Russia, Ukraine, India, United States, Delhi, Moscow, Laconian Gulf, Greece, Suez, Russian, Kyiv, Vadinar

Cornish, a professor at Ohio State University who studies rubber alternatives, isn't the only one pouring energy into alternative crops like that desert shrub, guayule, or the rubber dandelions that bloom with yellow petals in the greenhouse where Cornish works. And in Nebraska and other parts of the central U.S., green grasses of sorghum spring up, waving with reddish clusters of grains. Instead, they're crops that many companies, philanthropic organizations and national and international entities tout as promising alternatives to fight climate change. Most rubber processing happens overseas, and the U.S. isn't prepared to process rubber domestically. That's why specialty markets will be critical if these crops have any hope of taking off here, Cornish said.

Persons: Katrina Cornish, guayule, isn't, Cornish, Nate Blum, Blum, James Gerber, Gerber, there's, It’s, ”, Tesla, Guayule, Bill Niaura, “ You’re, Curt Covington, Covington, Joshua A . Bickel, Ross D, Franklin, Melina Walling Organizations: Ohio State University, Bridgestone, U.S, Agriculture Organization, AgAmerica, Farmers, Associated Press Locations: United States, Arizona, Nebraska, U.S, India, Saharan Africa, South Asia, Americas, Colorado, Wooster , Ohio, Eloy , Arizona, AP.org

☆ Morgan Stanley names Asia-Pacific 'alpha' stock ideas for February — giving one nearly 80% upside
▼ + stars: | 2024-02-15 | by ( Weizhen Tan | ) www.cnbc.com time to read: +1 min

Overall, the MSCI Asia-Pacific index gained 11.8% for 2023, with the MSCI China index losing around 11%. Those interested in stock-picking rather than passive investing can look to Morgan Stanley's list of Asian stocks it calls "alpha" opportunities for February. India's Tata Consultancy , an IT services and consulting company, which was upgraded by Morgan Stanley to overweight in January, was named as another top idea. Morgan Stanley believes "resilient revenue, strong [earnings before interest and taxes] margins, and positive management commentary will likely sustain valuation premium if execution improves." These are some stocks from the full list of Morgan Stanley's top overweight-rated stocks for February.

Persons: Morgan Stanley's, Morgan Stanley, MediaTek, — CNBC's Michael Bloom Organizations: Investors, Nikkei, BSE, Alpha, Tata Consultancy Locations: Asia, China, India, Japan, —

☆ Weeks after the Peregrine lunar lander failed, NASA is launching the IM-1 mission to touch down on the moon
▼ + stars: | 2024-02-14 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +5 min

The Houston-based company Intuitive Machines, in collaboration with NASA, is launching its first mission to the moon atop a SpaceX Falcon 9 rocket. AdvertisementUnlike China, India, and Japan, the US hasn't put anything on the lunar surface in more than 50 years. AdvertisementThrough a $118 million contract, the agency is sponsoring Intuitive Machines to launch its first mission, called IM-1, toward the moon early Wednesday. SOPA Images/Getty ImagesThe mission's Nova-C lander should descend to the lunar surface just one week later, on February 22. To date, only India has landed in the lunar south pole region.

Persons: —, NASA hasn't, NASA’s, SLIM, TAKARA TOMY, ispace, Trent Martin, we've Organizations: Service, SpaceX, NASA, NASA’s Goddard Space Flight, Arizona State University, Russia, TAKARA, Sony, Doshisha University, Reuters, AP Locations: Houston, China, India, Japan, Cape Canaveral , Florida, Russia

CNN —The home of a Canadian Sikh activist in Brampton, Ontario, was hit by gunfire on Monday, months after the assassination of another activist sent India-Canada relations into a spiral. “It appears that only one bullet hole was found but that is subject to change,” Peel Regional Police wrote in a statement. The bullet hole in Gosal's home in Brampton, Ontario. The Canadian citizen was gunned down by masked men last June outside a Sikh temple in British Colombia. Weeks later, the United States accused an Indian government official of being involved in a conspiracy to kill another Sikh separatist, American citizen Gurpatwant Singh Pannun, on US soil.

Persons: Inderjit Singh, Gosal, Singh, Justin Trudeau, Hardeep Singh Nijjar, Weeks, Gurpatwant Singh, Pannun, Nikhil Gupta, Gupta, Nijjar, “ Organizations: CNN, Justice, Peel Regional Police, Indian Consulate Toronto, Canadian, Indian, Global Affairs Canada Locations: Brampton , Ontario, India, Canada, India’s Punjab, British Colombia, United States, Ontario, Punjab

BENGALURU, India (AP) — Microsoft CEO Satya Nadella urged in a speech to more than a thousand Indian computer code developers on Thursday that they use the company's artificial intelligence tools being deployed across its products. Nadella said Microsoft Corp. expects that use of AI can help achieve 10%, or $500 billion, of India’s GDP target for 2025. Microsoft is building its fourth data center in India near the city of Hyderabad, where Nadella grew up. Nadella boasted in a speech in Mumbai on Wednesday that his company is still ahead on most benchmarks. Indian Prime Minister Narendra Modi met with Nadella during a visit to the U.S. last June.

Persons: Satya Nadella, ” Nadella, Nadella, ”, “ We’re, It’ll, Narendra Modi, ___ O'Brien Organizations: Microsoft Corp, Microsoft, Hyderabad, OpenAI, Google, Nadella, Apple Inc, Microsoft's, Indian, U.S Locations: BENGALURU, India, Bengaluru, Silicon, United States, Hyderabad, Mumbai, Pune, Chennai, Nadella, Microsoft's India, Providence , Rhode Island

☆ India is the new Asia growth story. Here’s why investors are bullish on the outlook
▼ + stars: | 2024-02-08 | by ( Hakyung Kim | ) www.cnbc.com time to read: +7 min

As China's property market and deflation woes continue to rattle investors, India's growth outlook appears all the more impressive. Last year's annual report attributed strong revenue growth partially to expansion in the Middle East, India, and Asia, Krishna wrote. "More than revenue, India is an important area for sourcing talent" as well, Krishna wrote. Growth potential For investors looking to gain exposure to the domestic stock market, Indian equities themselves aren't especially cheap though. "You're paying for the growth potential in India, certainly.

Persons: Morgan Stanley, Chetan Ahya, Ahya, Bernstein, —, Narendra Modi, Bill Fitzpatrick, Fitzpatrick, Quincy Krosby, Venu Krishna, Aecom, Krishna, Tim Long, Long, Simon Coles, Krosby, Jeffrey Gundlach, Gundlach, CNBC's, — CNBC's Michael Bloom Organizations: Investment, Logan Capital Management, Modi, Infrastructure Pipeline, Aecom, Barclays, Cisco Systems, Juniper Networks, India —, Semiconductor, Micron Technology, Qualcomm, Logan Capital Locations: India, China, Asia, Philadelphia, South Carolina . U.S, Dallas, East, Asia Pacific, Japan, Coles , U.S, U.S, IShares

☆ Modi’s ‘divine India’ vision threatens to marginalize millions
▼ + stars: | 2024-02-05 | by ( Rhea Mogul | ) edition.cnn.com time to read: +9 min

“(Today) is the beginning of a new time cycle,” Modi said at the new temple honoring Hindu deity Lord Ram. “After centuries of waiting, our Ram has arrived.”Modi’s vision of a “divine India” is a far cry from the ideas of the modern country’s founding fathers. “India becomes a de facto Hindu nation, where the task of building national Hindu religious symbols falls to the state. And he reiterated his party’s desire to build the Ram Temple on the contested holy site. Hindu groups have for decades claimed the Mughals destroyed Hindu temples, building mosques and other monuments in their place.

Persons: Narendra Modi, Modi, ” Modi, Lord Ram, “, Ram, ”, Gilles Verniers, officiates, ‘, Sachin Tendulkar, Mukesh Ambani, Modi’s, ” Modi fasted, ” Narendra Modi, Prakash Singh, Pratishtha ”, –, Sunita Viswanath, “ Modi, tramples what’s, Ravi Agrawal, it’s, Babar, Douglas E, Curran, ” Agrawal, Ritesh Shukla, Aurangzeb, “ Aurangzeb, Policy’s Agrawal, Gilles Organizations: CNN, Bharatiya Janata Party, BJP, Centre for Policy Research, Bloomberg, Getty, Indian, Human Rights, India’s, Ram Locations: Ayodhya, “, India, New Delhi, Babri, Delhi, India’s, Jammu, Kashmir, South Asia, Maharashtra, Madhya Pradesh, Varanasi

☆ India's finance minister touts unlikely export growth in a world of uncertainty
▼ + stars: | 2024-02-02 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +4 min

Finance Minister Nirmala Sitharaman addresses the media after the interim budget on February 1, 2024 in New Delhi, India. So a lot of new people are accessing India," Sitharaman said, while touting that India was able to showcase its digital public infrastructure at the G20 summit it hosted in New Delhi last year. Sitharaman, when asked about what economic issues will define the vote, said "if economic issues are to dominate the election, it would be the recipients of the beneficiaries themselves coming out to say, 'I'm empowered now'." "If anything, for us it will be performance on the economic issues, good performance, inclusive growth that we've offered." The interim budget is typically a stop-gap financial plan during an election year, aimed at meeting immediate financial needs before a new government is formed.

Persons: Nirmala Sitharaman, Sitharaman, CNBC's, CNBC's Sri Jegarajah, Narendra Modi's, Pranjul Bhandari, Bhandari, Anantha Nageswaran Organizations: Hindustan Times, Getty, India's, CNBC's Sri, Mar, CNBC, India's Finance Locations: New Delhi, India, Europe, America, Brazil, Africa, Indonesia

☆ India set to clock up to 8% GDP growth as it boosts manufacturing capacity, minister says
▼ + stars: | 2024-02-02 | by ( Charmaine Jacob | ) www.cnbc.com time to read: +4 min

Workers assemble mobile phones at a Dixon Technologies factory in Noida, India, on Jan. 28, 2021. Bloomberg | Bloomberg | Getty ImagesIndia could clock up to 8% annual GDP growth for several years as it focuses on boosting its manufacturing capabilities, a key government minister told CNBC on Thursday. watch nowHe spoke extensively about the country's mobile manufacturing ecosystem, claiming that 99% of the phones used in India were made within the country. The country exported $11 billion mobile phones last year, and they are likely to rise to between $13 billion and $15 billion in 2024, Vaishnaw said. Apple 's presence in India has grown exponentially since it first started manufacturing in the country in 2017.

Persons: Vaishnaw, Narendra Modi's, Nirmala Sitharaman, CNBC's, Apple, OnePoll, Joe Biden, India's Modi, Narendra Modi, Modi, Mandel Ngan Organizations: Dixon Technologies, Bloomberg, Getty, CNBC, Union, Railways, Communications, Electronics, Technology, CNBC's Sri, Deloitte, India, Apple, Samsung, Micron, U.S, India's, White, Afp Locations: Noida, India, Delhi, Mumbai, Chennai, China, Washington ,

SRINAGAR, India (AP) — For decades, India has focused its defense policy on its land borders with rivals Pakistan and China. Unless you are a maritime power you can never aspire to be a global power,” Chawla said. India, already a regional power, is positioning itself “as a global player today, an upcoming global power,” he said. Though we don’t own it, but we are probably the most capable and responsible resident naval power,” Chawla said. Chawla said India doesn't have “strength to project power into the South China Sea right now” because of the vast Chinese maritime assets there.

Persons: Adm, Anil Kumar Chawla, “, ” Chawla, ”, Darshana, Chawla, it’s Organizations: Pakistan, Hamas, U.S, Carnegie Endowment, International, Ocean Initiative, NATO Locations: SRINAGAR, India, China, Yemen, Iran, Tehran, Red, Gaza, U.S, Visakhapatnam, Marshall, Gulf, Aden, Picardy, “ China, South China, Beijing, Bangladesh, Sri Lanka, Maldives, Australia, Japan, Pacific, South, Asia, asia

Vipin Kumar | Hindustan Times | Getty ImagesIndia is set to release its interim budget for 2024 on Thursday, ahead of the country's highly anticipated general elections. The interim budget is seen as a stop-gap financial plan during an election year, aimed at meeting immediate financial needs before a new government is formed. Typically, the interim budget won't include big and sweeping policy announcements. Fiscal deficit targetIndia's fiscal deficit stands at 6.4% of gross domestic product for the 2023-2024 financial year. TaxesDon't expect significant shifts in taxation as this is only an interim budget, analysts say.

Persons: Vipin Kumar, Nirmala Sitharaman, Nomura, Goldman Sachs, Goldman, Nilesh Shah, Shah, it's, Bathini, Modi, India's Organizations: Hindustan Times, Getty, India, Bharatiya Janata Party, Goldman, Mahindra Asset Management, CNBC, Capital, WealthMills Securities, India's Finance, BJP Locations: New Delhi, India, China, Japan, Germany

☆ Hunger is India’s ‘biggest problem’ — one of the world's largest food producers leaves millions hungry
▼ + stars: | 2024-01-31 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +3 min

A labourer works inside a mill of refined wheat flour at Khanna in India's Punjab state on May 18, 2022. "Hunger is the biggest problem in India," a representative of global agribusiness Bunge told CNBC on the sidelines of the Commodity Trading Week held in Singapore. If they are getting the food, it's not nutritious," said Amit Sharma, Bunge's global trade execution team leader. India's Department of Food and Public Distribution did not immediately respond to CNBC's request for comment. Vipin Kumar | Hindustan Times | Getty ImagesIndia's food problem is also compounded by the fact that the rising middle class is on course to demand for more food — and better quality food as well.

Persons: Sajjad Hussain, Bunge, There's, Amit Sharma, Sharma, India's, Garima, Louis Dreyfus, Vipin Kumar, Jain, It's Organizations: AFP, Getty, CNBC, Logistics, International Trade Administration, U.S . Commerce Department, India's Department of Food, ITA, Hindustan Times Locations: Khanna, India's Punjab, India, Singapore

☆ The global economy is expanding, but the Red Sea crisis could spell trouble, says IMF
▼ + stars: | 2024-01-30 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —The outlook for the global economy is brightening, the International Monetary Fund said Tuesday as it upgraded its growth forecast for 2024. It expects global growth in gross domestic product — a key measure of economic activity — to pick up slightly to 3.2% next year. Despite the IMF’s upgrades, its projections for global growth for 2024 and 2025 are below the annual average of 3.8% clocked up over the first two decades of this century. The longer and costlier journeys have raised fears of a renewed rise in global inflation. An escalation in the Israel-Hamas war into a wider conflict in the Middle East would threaten global growth, the fund added.

Persons: Pierre, Olivier Gourinchas, Valerie Plesch Organizations: London CNN, International Monetary Fund, IMF, Federal Reserve, Bloomberg, Getty Images, Hamas Locations: Ukraine, Red, United States, India, Washington , DC, Getty Images Iran, Israel

☆ India set to be world's third largest economy by 2027, finance ministry says
▼ + stars: | 2024-01-30 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

India could become the world's third-largest economy by 2027 with a gross domestic product of $5 trillion, the finance ministry has said. The projections come ahead of an interim budget due to be released later this week. In a report released Monday, the finance ministry said the economy is poised to grow at or above 7% in the fiscal year 2024. If it meets this year's target, it will be the third straight year of 7% GDP growth for India. India's chief economic advisor, V Anantha Nageswaran, said the government's goal is to become a developed country by 2047.

Persons: Nirmala Sitharaman, V, Nageswaran Organizations: Indian Finance, Bombay Stock Exchange Locations: Mumbai, India

☆ Russia boasts it is beating sanctions, but its longer-term prospects are bleak
▼ + stars: | 2024-01-29 | by ( Tim Lister | ) edition.cnn.com time to read: +14 min

Far from buckling under their weight, the Russian economy is in fact 1% larger than it was on the eve of the invasion. India and China now account for 90% of Russian oil exports, according to Deputy Prime Minister Alexander Novak. Noemi Cassanelli/CNNThere’s little sign that ordinary Russians have been drastically impacted by Western sanctions. Sanctions will have a long-term impact on the Russian economy, according to the European Commission. Nabiullina said the Russian economy was like a car trying to go too fast.

Persons: Vladimir Putin, Putin, Sergei Chemezov, ” Chemezov, Scott Peterson, Alexander Novak, Christine Abely, “, ”, SWIFT, Alexei Mordashov, Noemi Cassanelli, Geoffrey Pyatt, Rachel Lyngaas, —, Alexander Nemenov, Elvira Nabiullina, Nabiullina, Natalia Kolesnikova, ” Abely Organizations: CNN, Atlantic Council, Russia, West ., Shipping, Windward, Reuters, US Treasury Department, United Arab Emirates, Crime Agency, US Treasury, “, Bank of, European, US, Financial Times, Russian Central Bank, Getty, Producers, International Energy Agency Locations: United States, Ukraine, Russian, Russia, Western, Sviatohirsk, Donetsk region, Asia, West, West . India, China, India, Volgograd, Turkey, UAE, Bank of Finland, Hong Kong, Europe, Egypt, Thailand, Moscow, Kazakhstan, Soviet Russia, AFP, Beijing

☆ Pakistan accuses India of extrajudicial killings on its territory
▼ + stars: | 2024-01-26 | by ( Sophia Saifi | Rhea Mogul | ) edition.cnn.com time to read: +3 min

CNN —A top Pakistan official on Thursday accused India of killing two Pakistani nationals on its soil, citing what he called “a pattern” of alleged Indian assassination plots overseas and raising tensions between the two nuclear-armed rivals. India has long accused Pakistan of harboring terrorists, particularly in the disputed and heavily militarized region of Kashmir, which both countries claim in its entirety. Qazi on Thursday compared the alleged killings in Pakistan to other purported recent Indian assassination plots in North America. India and many other countries have publicly warned Pakistan cautioning that it would be consumed by its own culture of terror and violence,” MEA spokesperson Randhir Jaiswal said. The Indian government has denied involvement in the American and Canadian cases and has set up a high-level committee to investigate the accusations in the US.

Persons: Muhammad Syrus Sajjad Qazi, Muhammad Riaz, Shahid Latif, ” Qazi, –, Qazi, “, Randhir Jaiswal, Justin Trudeau Organizations: CNN, Pakistan, India’s, External Affairs, Canadian, American Locations: Islamabad, Pakistan, Kashmir, Sialkot, New Delhi, India, North America, Canada, United States, American

☆ Nokia to begin $653 million share buyback program after profit slump and warning of challenging 2024
▼ + stars: | 2024-01-25 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +3 min

Nokia on Thursday said that it will begin a two-year 600 million euro ($653 million) share buyback this quarter, after reporting that its profit plunged in 2023. Comparable operating profit fell 27% year-on-year to 846 million. The company forecast comparable operating profit will reach between 2.3 billion euros and 2.9 billion euros in 2024. India, which has been investing heavily in its next-generation mobile networks over the past couple of years, is beginning to slow down. Mobile networks, Nokia's biggest division by revenue, saw sales fall 17% year-on-year to 2.5 billion euros in the fourth quarter.

Persons: Pekka Lundmark, Lundmark Organizations: Nokia, Mobile, Mobile Networks, AT, Ericsson, U.S . AT Locations: India

☆ iPhone grabs top share in China and analyst negativity abates. What's going right at Apple
▼ + stars: | 2024-01-25 | by ( Morgan Chittum | ) www.cnbc.com time to read: +6 min

After a rough early start to 2024 and lots of analyst negativity, Apple has turned the corner. The iPhone captured a firm-record 17.3% market share in China last year, according to the International Data Corporation's quarterly phone tracker report . 1 spot in China, Apple made the rare move of offering limited-time iPhone 15 discounts there during this month. Last week, IDC crowned Apple as the biggest smartphone maker in the world , dethroning Samsung for the first time ever. And, just about two weeks ago, we reported that the Street hadn't been this cautious on Apple stock in years.

Persons: Apple, Arthur Guo, Piper Sandler, Apple's, Goldman Sachs, we're, Jim Cramer, Tim Cook, Apple —, Jim, that's, Preorders, Jim Cramer's, Berke Bayur Organizations: Huawei, Vivo, Apple, IDC, Samsung, Barclays, Redburn, Club, Microsoft, Bank of America, Big Tech, CNBC, U.S, Getty Images, Anadolu, Getty Locations: China, India, Indonesia, Brazil, ANKARA, TURKIYE, Ankara, Turkiye, Anadolu

The Maldives foreign ministry confirmed local media reports that research vessel Xiang Yang Hong 3 was headed to the Maldives. The ship arrives amid a diplomatic dispute between the Maldives and its giant neighbor India. Pro-China Muizzu was elected to office in November on a platform to evict Indian military personnel stationed in the Maldives. At least 75 Indian military personnel are said to be stationed in the Maldives, and Muizzu had accused his predecessor of compromising national sovereignty by allowing Indian personnel on Maldivian islands. The known activities of the Indian military include operating aircraft and assisting in the rescue of people stranded or faced with calamities at sea.

Persons: Xiang Yang Hong, Narendra Modi, Modi, Mohamed Muizzu, Muizzu, China Muizzu Organizations: —, Indian Locations: COLOMBO, Sri Lanka, Maldives, India, China, Male, “, Lakshadweep, Asia, Africa, Europe, Maldivian

☆ Ayodhya temple: India’s Narenda Modi hails a new ‘divine India’ as he inaugurates Ram Mandir ahead of election
▼ + stars: | 2024-01-22 | by ( Helen Regan | Rhea Mogul | ) edition.cnn.com time to read: +11 min

By moving ahead of building the temple, now we all take the oath of building a national, capable, successful, beautiful, and divine India,” Modi said. His promise to build the Ram Mandir helped spur that initial election success. A devotee gets anoint the name of Lord Ram on his forehead ahead of the Inauguration of the Ram Mandir Temple on January 20, 2024 in Ayodhya, India. Ritesh Shukla/Getty Images“I have come here to seek blessings from Lord Ram and Sita, I am very happy today,” she said. “I have come here to seek blessing from Lord Ram, Modi has done so much,” he said.

Persons: Narendra Modi’s, Lord Ram –, Ram, ” Modi, “ Ram, Modi, Lord Ram, Rafiq Maqbool, Pran Pratishtha, Mohan Bhagwat, ”, Yogi Adityanath, Acharya Mohanjodaro Bharadwaj, Babar, Money Sharma, Maulana Badshah Khan, “, ” Khan, weaponizing, Modi “, Modi fasted, Rajesh Kumar Singh, Nilanjan Mukhopadhyay, Chandravanshi, Ritesh Shukla, Sita, Lal Singh Khushwa Organizations: CNN, “, Bharatiya Janata Party, BJP, Rashtriya Swayamsevak Sangh, Getty, Human Rights, AP, YouTube Locations: India, India’s Ayodhya, Babri, Ayodhya, Vedika, India's, Mumbai, Uttar Pradesh, New York, Square, South Asia, Sarayu, New India, US, Tamil Nadu, “, Chhattisgarh

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