Month: August 2024
Russia launches massive missile and drone attack on Ukraine, Kyiv says
This photograph shows smoke rising over buildings in Kyiv, following a Russian air attack on August 26, 2024, amid the Russian invasion of Ukraine. Roman Pilipey | Afp | Getty Images The sound of explosions rang out in central Kyiv on Monday morning during rush hour as Ukraine’s military warned of a massive Russian missile […]
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India wants to be a developed nation by 2047. It has to tackle gender inequality first, economic experts say
There are over 468 million females of working age in India, but only 38.2 million women are employed. Imagesbazaar | Photodisc | Getty Images When 41-year-old Nisha Kotwal was a resident trainee doctor in India’s Maharashtra state 14 years ago, her parents would call her before every shift to ask if she had reached the […]
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UBS veteran boss Ermotti may have pulled off the deal of the decade with the Credit Suisse rescue
UBS CEO Sergio Ermotti on Tuesday, May 7, 2024. Bloomberg | Bloomberg | Getty Images After an intense weekend of negotiations in March 2023, Swiss banking giant UBS agreed to buy its embattled rival Credit Suisse. Despite the attractive purchase price of $3.2 billion, investors were concerned about whether UBS would manage to turn around […]
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What is mpox and why has the WHO declared it a public health emergency?
Sebastian Condrea | Moment | Getty Images The World Health Organization has declared mpox a global public health emergency for the second time in two years, following the spread of an outbreak in the Democratic Republic of Congo to neighboring countries. New cases of the virus have since been been identified outside of the continent, […]
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Gunmen kill 23 passengers taken from vehicles in an attack in southwest Pakistan
Gunmen fatally shot 23 passengers after identifying them and taking them from buses, vehicles and trucks in one of the deadliest attacks in restive southwestern Pakistan, police and officials said Monday. Madiha Ali | Moment | Getty Images Gunmen fatally shot 23 passengers after identifying them and taking them from buses, vehicles and trucks in […]
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Who is Telegram founder Pavel Durov — and why was he arrested?
Telegram founder and CEO Pavel Durov Manuel Blondeau – Corbis | Corbis News | Getty Images Chief executive officer of Telegram Pavel Durov was arrested at an airport on Saturday night outside Paris and placed in custody for alleged offences related to the messaging app, according to French media. The 39-year-old Russian-born billionaire was accused […]
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China slams U.S. for adding firms to export control list over alleged support for Russian military
U.S. President Joe Biden and Chinese President Xi Jinping before a meeting during the Asia-Pacific Economic Cooperation leaders’ week in Woodside, California, Nov. 15, 2023. Brendan Smialowski | Afp | Getty Images China on Sunday said it “resolutely opposes” the U.S. decision to add multiple Chinese entities to its export control list in a bid […]
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Oil prices to remain elevated as Middle East tensions threaten a wider conflict, CBA analyst warns
This photo taken from a position in northern Israel shows a Hezbollah UAV intercepted by Israeli air forces over north Israel on August 25, 2024. The Israeli military announced early August 25, 2024 that it was conducting pre-emptive strikes in Lebanon after detecting preparations for “large-scale” attacks by the Iran-backed militant group Hezbollah. Hezbollah said […]
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Tesla’s Optimus faces stiff humanoid competition at Beijing robot conference
Tesla displays Optimus next to two of its vehicles at the World Robot Conference in Beijing on Aug. 22, 2024. CNBC | Evelyn BEIJING — While Chinese companies last week showed off humanlike robots playing the zither or grabbing sodas, Tesla displayed its Optimus humanoid inside a clear box, motionless next to its cars. Elon […]
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CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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