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Canada needs to keep up its presence in Southeast Asia: Trudeau – National
Politics

Canada needs to keep up its presence in Southeast Asia: Trudeau – National

Canada needs to keep up its presence in Southeast Asia if it wants to benefit from the region’s economic boom, Prime Minister Justin Trudeau said on Friday as he wrapped up his visit to Laos. Trudeau participated in the Association of Southeast Asian Nations Summit this week, marking the third time he’s attended the annual meeting.The prime minister said pursuing bonds with ASEAN members is not about political ideology or leaving a government footprint, but rather it’s about acknowledging the economic opportunities in the region.But to benefit from what Southeast Asia has to offer, Trudeau said Canadians need to make their presence felt in the region.“That’s really a big piece of the challenge, making sure that we are showing up,” Trudeau said in a news conference on Friday. Story ...
Goldman raises Nvidia target, JPMorgan upgrades Ferrari
Business

Goldman raises Nvidia target, JPMorgan upgrades Ferrari

(This is CNBC Pro's live coverage of Thursday's analyst calls and Wall Street chatter. Please refresh every 20-30 minutes to view the latest posts.) Goldman getting more bullish Nvidia was the call of Friday morning so far. Morgan Stanley was also positive on Elli Lilly ahead of earnings while JPMorgan Chase upgraded Ferrari and Bank of America raised its price target for Kinder Morgan. Check out the latest calls and chatter below. All times ET. 7:12 a.m. Bank of America upgrades gas pipe stock on AI demand Energy infrastructure company Kinder Morgan is an artificial intelligence beneficiary, according to Bank of America. Analyst Neel Mitra upgraded shares to buy from neutral. He also raised his price target to $27 from $23, implying nearly 14% upside potential from Thursday's close. The r...
Obama rallies young voters for Kamala Harris in swing state Pennsylvania
World News

Obama rallies young voters for Kamala Harris in swing state Pennsylvania

By Jeff Mason for Reuters Former US president Barack Obama campaigns for US Vice President and Democratic presidential candidate Kamala Harris in Pittsburgh, Pennsylvania, on October 10, 2024. Photo: AFP / Ryan Collerd Former president Barack Obama made a passionate case against Donald Trump and in favour of Vice President Kamala Harris on Thursday during a rally at a Pittsburgh college campus aimed in part at spurring young people to show up for the 5 November election. Obama has been a vocal supporter of Harris since she ascended to the top of the Democratic ticket after President Joe Biden stepped aside in July following a poor debate performance against Trump, the Republican former president. Obama, whose White House term ended in 2017, is still popular with his party's base. The...
Tesla (TSLA) stock drops in premarket after Cybercab robotaxi reveal
Business

Tesla (TSLA) stock drops in premarket after Cybercab robotaxi reveal

Tesla unveils its "Cybercab" on October 10, 2024 in Burbank, California.Shares of electric vehicle maker Tesla tumbled Friday after the company's long-awaited robotaxi event — where CEO Elon Musk unveiled the firm's Cybercab self-driving concept car — failed to impress investors.Tesla stock was down 5.7% as of 5:20 a.m. ET in premarket trading on Friday.Musk revealed Tesla's Cybercab concept vehicle — a low, silver two-seater, has no steering wheels or pedals — on Thursday night. The plan is for the car to be capable of driving itself autonomously when it launches.The Tesla boss said the company hopes to be producing the Cybercab before 2027, but offered no details on where the cars will be manufactured. He said consumers would be able to buy a Tesla Cybercab for a price tag under $30,000....
Samoa prepares for Commonwealth Heads of Government Meeting in Apia
World News

Samoa prepares for Commonwealth Heads of Government Meeting in Apia

By Susana Lei'ataua and Louise Ternouth in Apia A sign on the Samoa Government building in Apia shows the countdown to CHOGM. Photo: Louise Ternouth The warship HMS Tamar is berthed at the Apia International Port as Samoa prepares for the Commonwealth Heads of Government meeting (CHOGM). The Royal Navy ship from the United Kingdom is permanently based in the south Pacific and has been patrolling the south coast of Upolu since HMNZS Manawanui ran aground on the Tafitoala Reef on 6 October before catching fire and sinking the following morning. In Apia, there is a giant digital clock on the Fiame Mataafa Faumuina Mulinuu II Building - which houses the government, including the offices of the Prime Minister and her Cabinet - counting down to the start of CHOGM in 10 days. In the coming ...
Nobel Peace Prize 2024 awarded to Japan’s Nihon Hidankyo
Business

Nobel Peace Prize 2024 awarded to Japan’s Nihon Hidankyo

The Norwegian Nobel Institute is pictured in Oslo, Norway on September 25, 2024.Jonathan Nackstrand | Afp | Getty ImagesJapanese atomic bomb survivor organization Nihon Hidankyo won the Nobel Peace Prize on Friday in recognition of the organization's efforts to achieve a world free of nuclear weapons."This grassroots movement of atomic bomb survivors from Hiroshima and Nagasaki, also known as Hibakusha, is receiving the peace prize for its efforts to achieve a world free of nuclear weapons and for demonstrating through witness testimony that nuclear weapons must never be used again," the Norwegian Nobel Committee said in a statement.The Norwegian Nobel Institute said 286 candidates were registered to be considered for this year's prize, of which 197 were individuals and 89 were organizatio...
Hurricane Milton death toll rises, hundreds rescued as residents take stock
World News

Hurricane Milton death toll rises, hundreds rescued as residents take stock

Hurricane Milton has moved off Florida's east coast, leaving widespread devastation. The death toll has been rising throughout Friday morning (NZT) and 15 people have been reported as killed so far. The full extent of the damage is not yet clear as some areas are not yet accessible due to weather conditions, flooding and debris. Look back over RNZ's updates: Source link
Labour shouldn’t treat all AI firms the same
Business

Labour shouldn’t treat all AI firms the same

Zahra Bahrololoumi, CEO of U.K. and Ireland at Salesforce, speaking during the company's annual Dreamforce conference in San Francisco, California, on Sept. 17, 2024.David Paul Morris | Bloomberg | Getty ImagesLONDON — The UK chief executive of Salesforce wants the Labor government to regulate artificial intelligence — but says it's important that policymakers don't tar all technology companies developing AI systems with the same brush.Speaking to CNBC in London, Zahra Bahrololoumi, CEO of UK and Ireland at Salesforce, said the American enterprise software giant takes all legislation "seriously." However, she added that any British proposals aimed at regulating AI should be "proportional and tailored."Bahrololoumi noted that there's a difference between companies developing consumer-facing...
At least 20 killed in attack on miners in Balochistan, southwestern Pakistan, police say
World News

At least 20 killed in attack on miners in Balochistan, southwestern Pakistan, police say

Coal miners and labourers along with the coffins of victims take part in a protest against killings in Duki district of Pakistan's Balochistan province. Photo: FARID KHAN / AFP Unidentified gunmen have lined up miners at a small private coal mine in southwestern Pakistan and shot them, police and media say, killing at least 20 and wounding seven in rising violence in the restive region. The attack early on Friday morning (local time) in the mineral-rich province of Balochistan - which borders Afghanistan and Iran - is the worst in weeks and comes days ahead of the country hosting a summit of the Eurasian group Shanghai Cooperation Organisation. It also comes as Islamabad hosts a delegation from Saudi Arabia that is exploring mining deals in the South Asian country trying to recover from...
Matilda De Angelis: ‘Watched Priyanka after I had shot for my Citadel’
Entertainment, Movies

Matilda De Angelis: ‘Watched Priyanka after I had shot for my Citadel’

“I was over for the London première of Citadel and watched Priyanka Chopra for the first time,” says Italian lead actor, Matilda De Angelis, from Citadel Diana. Which is the Italian extension of the Prime Video multiverse spy-thriller series.  By then, Matilda says, she had already shot for her own show: “So, I couldn’t take anything from Priyanka’s performance in Citadel [into mine]. But I just thought to myself—please, let me be, at least, as good as her!”  In the series, Matilda plays spy Diana. That’s pronounced ‘Dee-a-naa’, the Italian way. As against ‘Die-a-naa’ for the late princess, from London—where mid-day exclusively met Matilda, along with her showrunner, executive producer, Gina Gardini.  Showrunner Gina Gardini with actor Matilda De Angelis. Pic/Getty Images Citadel Diana...