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Real-time News
January 21st - According to foreign media reports, US President Trump is delivering a keynote speech at the World Economic Forum in Davos. In a packed hall, Trump addressed an audience including US Secretary of State Marco Rubio, European Central Bank President Christine Lagarde, Alphabet Chief Investment Officer Ruth Porat, and Bank of America CEO Brian Moynihan. White House Deputy Chief of Staff Stephen Miller was also present. In his opening remarks, Trump stated that he is surrounded by "many friends and some enemies."US President Trump has been touting the rise in US exports and domestic steel production.Sources say that Kazakhstans Kashagan oil field is diverting crude oil to the domestic market for the first time due to a bottleneck in the CPC pipeline.The president of the New York Stock Exchange Group expects IPO activity to be "extremely active" in the near future.January 21 – Four sources familiar with the matter revealed that Reliance Industries, an Indian oil refinery, will resume receiving Russian crude oil in February and March, compliant with sanctions, after a one-month suspension. Reliance last received Russian crude oil in December after receiving a one-month waiver from the United States. This waiver allowed it to gradually reduce its transactions with Rosneft, the sanctioned Russian oil producer, after the November 21 deadline. According to the sources, like other Indian refiners, Reliance will also purchase Russian oil from unsanctioned sellers, but the volume of oil ordered by the refiner in February and March was not disclosed. It remains unclear whether the private refinery will continue purchasing Russian oil after March.

CNN+ Streaming Service Will Be Discontinued by Warner Bros. Discovery

Haiden Holmes

Apr 22, 2022 10:00

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The business, which aimed to capitalize on the growing popularity of streaming video and digital news subscriptions, will discontinue operations on April 30. Andrew Morse, the executive who assisted in developing CNN's streaming strategy, will also resign.


"CNN will be most successful as part of WBD's streaming strategy, which views news as a critical component of a compelling larger offering alongside sports, entertainment, and nonfiction programming," CNN Worldwide Chairman and CEO Chris Licht said in a statement. "As a result, we have decided to suspend CNN+ activities."


CNN will concentrate its resources on its core newsgathering activities and the development of CNN Digital, according to Licht.


CNN+ premiered late last month, including recognizable names like Anderson Cooper and Chris Wallace, as well as original programming and innovative features like the "Interview Club." However, it got off to a sluggish start, with just 10,000 viewers each day.


Its March 29 launch, just days before parent firm WarnerMedia's April 8 merger with Discovery, generated doubts about the program's future as a standalone service.


J.B. Perrette, worldwide streaming president at Warner Bros Discovery, said in a statement that the CNN brand and content would be integrated into a more complete streaming offering. Additionally, the corporation offers HBO Max and Discovery+, two services that the company has said it intends to merge.