Month: June 2024
How to invest in India, the world’s fastest-growing major economy
India has been dubbed the “perfect” emerging market to invest in, but it can be tricky for those outside the country to gain access. CNBC Pro assesses the case for buying into this booming economy, the risks to consider — and how global investors can get involved. India’s stock market has been making headlines this […]
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Taylor Swift’s Eras Tour shows trigger earthquake readings in Scotland; estimated $98 million economic boost
Taylor Swift performs at Scottish Gas Murrayfield Stadium on June 07, 2024 in Edinburgh, Scotland. Swift’s Eras World Tour plays 15 dates across Scotland, Wales and England in June and August. Gareth Cattermole/tas24 | Getty Images Entertainment | Getty Images Taylor Swift’s three nights of sold-out concerts in Edinburgh, Scotland, triggered earthquake readings up to […]
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Supreme Court rejects bid to restrict access to abortion pill
Mifepristone, also known as RU-486, is a medication typically used in combination with misoprostol to bring about a medical abortion during pregnancy and manage early miscarriage. Soumyabrata Roy | Nurphoto | Getty Images WASHINGTON — The Supreme Court on Thursday rejected a challenge to the abortion pill mifepristone, meaning the commonly used drug can remain widely available. […]
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Hezbollah says it attacked 9 Israeli military sites with rockets, drones
An artillery unit moves near the Israeli northern border with Lebanon on November 8, 2023 in Tel Aviv, Israel. Amir Levy | Getty Images Hezbollah said it had launched rockets and weaponized drones at nine Israeli military sites in a coordinated attack on Thursday, ramping up hostilities on Lebanon’s southern border for the second consecutive […]
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Ford ends EV dealership program that required hefty investment to sell electric models
An electric Ford truck is displayed during the Electrify Expo D.C. in Washington, D.C., on July 23, 2023. Nathan Howard | Getty Images Ford Motor is ending a controversial electric vehicle dealership program that initially asked store owners to invest upward of $1 million to sell EVs. The “EV-certified” program was announced in September 2022 […]
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Stellantis plans to grow Jeep sales 50% by 2027
Jeep Wagoneer S Trailhawk EV concept Michael Wayland / CNBC AUBURN HILLS, Mich. – Stellantis expects to grow sales of Jeep vehicles globally by 50% in the next three years, as the automaker attempts to leverage the quintessential American SUV brand for increased profits. The transatlantic automaker on Thursday said it will expand production and […]
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China’s top smartphone player Honor launches first flip foldable phone in challenge to Samsung
Honor Magic V Flip is Honor’s first “flip” style foldable smartphone. Honor Honor on Thursday launched its first flip foldable phone as the Chinese electronics maker looks to step up its challenge in the high-end market against major players like Samsung. The Honor Magic V Flip will be available in China only, for now, with […]
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Google search head says ‘we won’t always find’ mistakes with AI products and have to take risks rolling them out
Liz Reid, vice president, search, Google speaks during an event in New Delhi on December 19, 2022. Sajjad Hussain | AFP | Getty Images Google’s new head of search said at an all-hands meeting last week that mistakes will occur as artificial intelligence becomes more integrated in internet search, but that the company should keep […]
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Wise shares plunge 10% after fintech firm projects slower growth this year
The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Shares of British money transfer company Wise dropped on Thursday after the company projected weaker annual revenue growth in the current fiscal year. The firm’s stock was down 9.8% at 1:30 p.m. London time, after falling as […]
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Solugen locks in $214 million Power Office mortgage to establish a ‘bioforge’ for sustainable chemical compounds generation
Solugen tends to make drinking water remedy chemical compounds and others from renewable feedstock. Todd Spoth for Solugen A Houston-based mostly startup referred to as Solugen has locked in a $214 million loan dedication from the U.S. Division of Vitality through the system that’s most renowned for financing electrical vehicle maker Tesla in its early […]
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