Month: July 2024

CNN

Flights grounded and passengers warned of delays amid global IT outage

A slew of airlines said operations would be impacted on one of the busiest flight days of the year.

CNN

Xiaomi launches first flip phone at just over $800, with a $70 portable printer

The Mix Flip starts at 5,999 yuan ($825), the Chinese company announced.

CNN

U.S.-China tensions are not a ‘new Cold War,’ veteran Singapore diplomat Bilahari Kausikan says

The term is “misleading” and only bears “superficial similarities to the U.S.-Soviet competition of [an] earlier era,” he says.

CNN

IMF raises India’s economic outlook, says global growth will remain lackluster

While the IMF takes a bullish stance toward China and India’s economic outlook, the U.S. could see a slowdown in growth momentum.

CNN

Asia-Pacific markets mixed after Fed Chair Powell’s rate cut comments lift Wall Street

Federal Reserve Chair Jerome Powell said the central bank will not wait until inflation hits 2% to cut interest rates.

CNN

Powell indicates Fed won’t wait until inflation is down to 2% before cutting rates

Monday was Powell’s first public speaking appearance since the consumer price index report for June showed cooling inflation.

CNN

Japan’s yen surges after U.S. inflation data as traders monitor possible intervention

The dollar lost around 2% against the Japanese yen on Thursday as the market was suddenly jolted by fresh inflation U.S. data.

CNN

Global population to peak within this century as birth rates fall, United Nations report says

The world population is on course to peak earlier than expected this century and at a lower level, the United Nations forecasts.

CNN

Ambani’s wedding kicks off in India this weekend. Here’s who will be at the star-studded event

Mukesh Ambani’s youngest son is set to tie the knot this weekend after months-long wedding celebrations. Here’s what you need to know.

CNN

Delta says the Olympics will cost it $100 million as travelers skip Paris

Delta says travelers are opting for other destinations or booking outside of the dates of the Olympic Games.