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☆ China's automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
▼ + stars: | 2024-05-03 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +7 min

The automaker is the joint venture partner of Honda and Toyota in China, and has an electric car brand called Aion. Expanding outside ChinaLike other automakers in China, GAC is also turning overseas. China's overseas car sales surged last year, putting the country on par with Japan as the world's largest exporter of cars. Dyer expects that to drive overseas demand for Chinese electric cars. Chinese consumers placed almost twice as much importance on tech features compared with U.S. consumers, Dyer said, citing AlixPartners' survey.

Persons: Evelyn Cheng, Tesla, Feng Xingya, Feng, Wei Haigang, Wei, Stephen Dyer AlixPartners, There's, Stephen Dyer, AlixPartners, Dyer, BYD, Nio, CATL, Zhong Shi Organizations: CNBC, GAC, Labor, Huawei, Honda, Toyota, China Passenger Car Association, EU, U.S, Factories, Greater China Business U.S, Ministry of Commerce, Tech, Volkswagen, SAIC Motor, Battery, China Automobile Dealers Association, Automotive, Robotics, Lotus Technology, Geely Locations: Beijing, Evelyn Cheng BEIJING, China, East, Mexico, Japan, Malaysia, Thailand, Egypt, Brazil, Turkey, Amsterdam, Greater China, Asia, U.S, Europe

☆ Opinion: The heroism of Ukraine and the nihilism of Mike Johnson
▼ + stars: | 2024-03-28 | by ( Opinion Amelia Glaser | Marci Shore | ) edition.cnn.com time to read: +12 min

Yevhenii Zavhorodnii/Global Images Ukraine/Getty ImagesIn Ukraine the air raid alerts are incessant. Kyiv has the best air defense in Ukraine; the country lacks the resources to defend other cities this way. He noted that Ukrainian air defense had done a spectacular job that morning intercepting every single missile launched at Kyiv. The United States has essentially cut off Ukraine, and Ukrainian air defense is quickly running out of ammunition. After we landed back in JFK, we turned off the air raid sound on our phones.

Persons: Amelia Glaser, Marci Shore, Read, Mike Johnson, Vladimir Putin’s, Covid, ” –, Andrii, you’re, Oleksandr Roytburd, Roytburd, Alla Horska, Tymofiy Mylovanov, Amelia, Iya Kiva, Marci, Tetyana Ogarkova, Volodymyr Yermolenko, Putin, Tucker Carlson, Bohdan Khmelnytsky, Carlson, Khmelnytsky, Oleksandr Halenko, Gleb Garanich, texted, ”, Sergii, “, Alina Smutko, Sergii’s, Mark Hamill –, Luke Skywalker, Agiya Zagrebelska, Arad, “ Pessimists, Rob Bauer, ” Bauer, “ I’m, Iaroslava Strikha, beholden, Donald Trump, Johnson, Arseniy Yatsenyuk, ” Putin Organizations: UC San Diego, Yale University, CNN, of Decorative, Applied Arts, Design, Warsaw —, Kyiv School of Economics, KGB, Ukrainian, Fulbright, NATO, National Agency on Corruption, Kyiv Security, United, Kyiv, National, Security Forum Locations: Russia’s, Crimea, Kyiv, New York, JFK, Warsaw, Polish, Chelm, Bucha, Russian, Yevhenii, Ukraine, Sens, Ukrainian, Crimean Tatar, KSE, Muscovy, Russia, Poland, Syria, Murmansk, Kyiv oblast, Austrian, texted, United States

☆ The all-metal house that was once considered the future of American architecture
▼ + stars: | 2024-03-25 | by ( Chris Menrad | ) edition.cnn.com time to read: +7 min

Now part of the permanent collection at the Palm Springs Art Museum, the story of Albert Frey’s “Aluminaire House,” and its significance in the history of architecture is quite remarkable. If you had never seen a modern house — and most Americans had not — it probably looked like a set for a science fiction movie. Even today, it looks “like it’s from another planet,” said Palm Springs Art Museum CEO Adam Lerner. After years of negotiations and fine-tuning the logistics, the Foundation donated Aluminaire House to the Palm Springs Art Museum in 2020, which subsequently raised $2.6 million to cover the cost of its rebuilding and future care. Reconstruction work underway on Frey's Aluminaire House at the Palm Springs Art Museum, pictured on January 10, 2024.

Persons: Albert Frey’s “, ”, Frey, Lawrence Kocher, . Frey, Kocher, Le Corbusier, Chris Menard, Aluminaire, Adam Lerner, Wallace K, Harrison, Jack Hobhouse, Joseph Rosa, Rosa, Michael Schwarting, Frances Campani, Schwarting, Campani, Ian L, Sitren, —, Leo Marmol, “ Organizations: CNN, Springs Art Museum, Contemporary, Architectural, Allied Arts Exposition, Bauhaus, Springs Art, New York Institute of Technology, Aluminaire Foundation, Foundation, ZUMA, Alcoa Corporation, Palm Springs Art Museum Locations: New York City, California, ”, Swiss, New York, French, Manhattan, Springs, Syosset , New York, Palm Springs , California, Islip, Schwarting, NYIT, Sunnyside , Queens, Palm, Palm Springs

☆ Maps and Diagrams of the Moscow Concert Hall Attack
▼ + stars: | 2024-03-23 | by ( Lazaro Gamio | Martín González Gómez | ) www.nytimes.com time to read: +1 min

Maps and Diagrams of the Moscow Concert Hall AttackThe shooting and arson attack that killed at least 133 people and wounded more than 140 in suburban Moscow on Friday night took place at Crocus City Hall, a popular concert venue with a capacity of more than 6,000. North Myakinino Metro Station Crocus City Hall concert venue PAvilion 1 PAvilion 2 PAvilion 3 Moscow Ring Road 500 feet North Myakinino Metro Station Crocus City Hall concert venue PAvilion 1 PAvilion 2 PAvilion 3 Moscow Ring Road 500 feet Satellite imagery from Google The New York TimesThe Islamic State claimed responsibility for the terrorist attack on Friday. Video footage from the scene shows assailants shooting outside the entrance to the concert hall, which is located in the building known as Pavilion 3. Several other videos show them shooting inside the concert amphitheater as well. Sotavision and Ostorozhno Novosti, via ReutersCrocus City Hall is located in Krasnogorsk, about 15 miles from central Moscow.

Organizations: Moscow, Crocus City, Crocus City Hall, The New York Times, Islamic State, New York Times, Ostorozhno Novosti, Reuters Crocus City Locations: Moscow, North Myakinino, Myakinino, Ostorozhno, Krasnogorsk

☆ A Beacon of Modern Architecture Lands in the Desert
▼ + stars: | 2024-01-25 | by ( Jori Finkel | ) www.nytimes.com time to read: +1 min

The Aluminaire House, one of the earliest and edgiest examples of the International Style of modernist architecture in America, was never meant to withstand a harsh desert climate. Originally it wasn’t even designed to be outside. The house, a boxy three-story structure clad in aluminum panels that went up within 10 days, drew big crowds as well as some gleeful ridicule from the mainstream press, which naturally helped to establish its bona fides as avant-garde architecture. Now, having been disassembled, reassembled and relocated three times over the decades and rescued from demolition along the way, the influential house is being reconstructed in a new — and the plan is, permanent — site. In anticipation, an Albert Frey exhibition opened at the museum in January.

Persons: Albert Frey Organizations: Grand, Palm Springs Art Museum Locations: America, Swiss, New York

☆ Gallery fire destroys more than 4,000 artworks in Georgia’s separatist region Abkhazia
▼ + stars: | 2024-01-24 | by ( Catherine Nicholls | ) edition.cnn.com time to read: +2 min

CNN —A fire broke out at the National Art Gallery of Abkhazia — a pro-Russian separatist republic that is officially part of Georgia — in the early hours of Sunday morning, destroying at least 4,000 works of art, local state media has reported. “Everything burned down,” Acting Minister of Culture Dinara Smyr said, according to the region’s Apsnypress news agency. A view of burnt room of the National Art Gallery in Sukhumi, Abkhazia. Stringer/APThe National Art Gallery is in Sukhumi, the separatist republic’s capital city. The National Art Gallery’s Central Exhibition Hall caught fire overnight, and emergency services were called to the scene early Sunday morning, according to state media.

Persons: Georgia —, Dinara Smyr, ” Apsnypress, Alexander Chachba, ”, Stringer, Apsnypress, Robert Dzhpua, Salome Zourabichvili, “ Organizations: CNN, National Art, Abkhazia —, ”, Abkhazian, United Nations, Abkhazia’s, Statistics, Exhibition Hall, National, General’s Locations: Abkhazia, Russian, Georgia, Sukhumi, Russia

☆ Fire Rips Through Abkhazia Gallery, Destroying Nearly 4,000 Artworks
▼ + stars: | 2024-01-23 | by ( Ivan Nechepurenko | ) www.nytimes.com time to read: +1 min

Almost 4,000 paintings belonging to the National Gallery of Abkhazia were destroyed when a fire swept through an exhibition hall in central Sukhumi, the region’s capital, Abkhazia’s acting culture minister said in a statement. “This is an irreparable loss for Abkhazia’s national culture,” she said. The National Gallery is more of a storage space than a museum, however. Residents rushed to the scene on Sunday to rescue paintings, but only 200 artworks were removed from the burning building. Photos from the scene, released by Apsnypress, a local news agency, showed people carrying framed canvases, some charred and burned.

Persons: Dinara Smyr, Aleksandr Chachba, ”, Apsnypress Organizations: National, Residents Locations: Abkhazia, Russian, Georgia, Russia, Syria, Venezuela, Sukhumi, Abkhazian, France

☆ The new architecture set to shape the world in 2024
▼ + stars: | 2024-01-10 | by ( Oscar Holland | ) edition.cnn.com time to read: +11 min

Kéré’s Berlin-based firm says the building’s top-heavy appearance was inspired by the palaver tree, which traditionally served as a meeting place. Designed for developer s2e Technologies by US architecture firm Gensler, the four circular residential structures can accommodate a combined 84 households. But it is perhaps Bjarke Ingels, founder of Danish design firm BIG, that has had the greatest impact on the city’s once modest skyline. The first restored sections are set to be ready in time for this summer’s Paris Olympics. Norwegian architecture firm Snøhetta and local practice Blight Rayner — who together beat more than 20 entries in an international competition — say that the design was inspired by the flow of the Brisbane River.

Persons: David Chipperfield, Francis Kéré, Kéré, China Stefano Boeri, Bosco, Stefano Boeri, Mestres Wåge, Nicolai Tangen, NBBJ, Dror, EPIQ, Ecuador Uribe Schwarzkopf, Bjarke, Moshe Safdie, Jean Nouvel, Ma Yansong, Ingels, France Chatillon Architectes, Notre Dame isn’t, Chatillon, Nikken Sekkei, ”, “, Blight Rayner —, Aunty Lilla Watson Organizations: CNN, superlatives, Malaysia’s, Benin National Assembly, Forest, Kunstsilo, Keppel South, Enclave, s2e Technologies, Bjarke Ingels, BIG, UNESCO, Heritage, Notre Dame, Palais, Beaux -, Chatillon Architects, UAE Kerzner, United, “ Michelin, New York Times, Gang, Queensland Performing Arts Centre, Queensland Performing Arts Locations: India, Benin, Porto, Novo, Burkina Faso, Kéré’s Berlin, Nanjing, China, Milan, Italy, Europe, China’s, Kristiansand, Norway, Norwegian, Keppel, Keppel South Central, Singapore, London, Canada, London , Ontario, Quito, Ecuador, Bjarke Ingels Quito, Parque La Carolina, Paris, France, Dubai, UAE, United Arab Emirates, Hotel, Denver, USA, Denver , Colorado, Urban, Brisbane, Australia, Australian

Such is the scene at the annual COP conference, this year being held Nov. 30-Dec. 12 in the Emirati city of Dubai. Here's how the climate summit unfolds on the ground. THE OPENING CEREMONYThe UAE has spent the last year laying the diplomatic groundwork for this year's summit. But it officially takes on the COP presidency only at the opening ceremony, which features welcome speeches and opportunities to bang the gavel. THE SCENEDuring the first few days, national leaders jet in for what is called the "High-Level Segment" involving back-to-back speeches in the venue's main plenary hall.

Persons: William James, Katy Daigle, Lisa Shumaker Organizations: UAE, Thomson Locations: Emirati, Dubai, UAE, COP26

Persons: William James, Katy Daigle, Lisa Shumaker Organizations: UAE, Thomson Locations: Emirati, Dubai, UAE, COP26

☆ Take a look at the military planes, helicopters, and missiles Russia put on display at the Dubai air show – if you knew where to find them
▼ + stars: | 2023-11-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

Russia is banned from most of the world's major air shows, like the leading ones in Paris and Farnborough. But it showed off its military aircraft and a new missile at this month's Dubai Air Show. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Since its invasion of Ukraine began in February 2022, Russia has been banned from most air shows like the leading Paris and Farnborough ones. AdvertisementSo the Dubai Airshow gave Business Insider the rare chance to see some Russian military aircraft, missiles, and model spacecraft in person.

Persons: —, Rafael Organizations: Dubai Air, Service, Dubai Airshow, IAI, Farnborough Locations: Russia, Paris, Farnborough, Dubai, Ukraine

☆ The biggest moments at the Dubai Airshow, as Boeing beats Airbus, Emirates criticizes Rolls Royce, and Israeli companies' stands lay empty
▼ + stars: | 2023-11-20 | by ( Pete Syme | ) www.businessinsider.com time to read: +5 min

Boeing beat Airbus in the orders tally after securing a $52 billion deal with Emirates on day one. The host nation's flag carrier made a $52 billion deal with Boeing on day one, before sparking tensions with Airbus and Rolls Royce. Boeing beats out Airbus in the orders battleBoeing got off to a hot start on Monday, announcing several deals. AdvertisementAs well as Emirates' order for 95 jets, the American manufacturer also called press conferences with SunExpress, flyDubai, Royal Jordanian, and Royal Air Maroc. As well as the smaller Emirates order, Airbus made deals with Ethopian Airlines, EgyptAir, and airBaltic.

Persons: —, Rolls Royce, Tim Clark, Royce Trent XWB, Yehia Zakaria, Christian Scherer, Pete Syme, Tony Douglas, @riyadhair, Peter Bellew, Rafael Organizations: Airbus, Royce, Boeing, Emirates, Service, Dubai Airshow, Rolls, Bloomberg, Reuters, Royal, Royal Air Maroc, Ethopian Airlines, Turkish Airlines, Anadolu Agency, Saudi, Riyadh Air, Boeing MAX, Paris Air, IAI, Dubai, Business, CNBC, Israel Defense Forces, United, United Nations Locations: Riyadh, Emirates, Royal Jordanian, Dubai, Israel, United Arab Emirates

☆ Ex-Meta staffers see booming business targeting online disinformation after two wars break out
▼ + stars: | 2023-11-17 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +15 min

Wagner left Facebook parent Meta last year, and her work in trust and safety feels like it was from a prior era. One of her first investments was in a startup called Cove, which was founded by former Meta trust and safety staffers. "One thing I would recommend is transparency at a time where third-party access and understanding to what is going on at scale on social platforms is what is needed." Post is an example of the kinds of companies that trust and safety startups are focused on. Fishman said customers are starting to see trust and safety tools as almost an extension of their cybersecurity budgets.

Persons: Joshua Bratt, Lauren Wagner, Wagner, Mandel Ngan, Roblox, Wagner's, Michael Dworsky, it's, Mason Silber, Donald Trump, Manu Aggarwal, Aggarwal, Abhijnan Dasgupta, Sara Ittelson, Ittelson, Cove's Dworsky, they'd, Alex Goldenberg, Noam Bardin, he's, Bardin, that's, Brian Fishman, Cinder, Fishman Organizations: Meta, Facebook, Hamas, Twitter, Radium Ventures, White, AFP, Getty, CNBC, Innovation Labs, Google, Apple, Republican, Everest Group, Accenture, Genpact, Big Tech, Tech, Venture, Accel, European, Digital Services, Defamation League, Network, Research, Rumble Locations: King's Cross, London, Israel, Washington ,, San Francisco, Russia, Ukraine, Georgia, Cinder, who's, ActiveFence

☆ Putin says U.S. is inflaming Middle East by sending aircraft carrier group
▼ + stars: | 2023-10-11 | by ( ) www.reuters.com time to read: +3 min

Russian President Vladimir Putin attends the plenary session at the 2023 Russian Energy Week international forum at the Manezh Central Exhibition Hall in Moscow, Russia October 11, 2023. Sputnik/Kristina Kormilitsyna/Kremlin via REUTERS Acquire Licensing RightsMOSCOW, Oct 11 (Reuters) - Russian President Vladimir Putin accused the United States on Wednesday of inflaming the Middle East by sending an aircraft carrier group to the region, saying "compromise solutions" were needed and that he hoped common sense would prevail. "I don't understand why the U.S. is dragging aircraft carrier groups into the Mediterranean Sea. "Of course, it will not affect (energy) production, but it could affect all other components that determine the state of the world's energy markets." Reporting by Reuters Writing by Andrew Osborn Editing by Gareth Jones and Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

Persons: Vladimir Putin, Kristina Kormilitsyna, Lloyd Austin, Gerald R, Ford, Putin, Tayyip Erdogan, Washington, Andrew Osborn, Gareth Jones, Toby Chopra Organizations: Energy, Exhibition Hall, Sputnik, REUTERS Acquire, Rights, Kremlin, Saturday, . Defense, West, Thomson Locations: Moscow, Russia, Kremlin, United States, Israel, U.S, Lebanon, Ukraine, Iran, Tehran, Palestinian

☆ London's financial heart is sizing up a win for center-left Labour party at next year's UK election
▼ + stars: | 2023-10-10 | by ( Elliot Smith | ) www.cnbc.com time to read: +3 min

Bloomberg | Bloomberg | Getty ImagesLIVERPOOL, England — The U.K.'s main opposition Labour party is seeking to woo London's powerful financial center as it sets its sights on winning power at next year's General Election. At the party's conference this week, lawmakers were unanimous in emphasizing Labour's renewed focus under leader Keir Starmer on spurring economic growth as its number one priority. Speaking at a fringe event on Sunday, Shadow Financial Secretary to the Treasury James Murray reiterated the party's mission of achieving the highest growth in the G7 and engaging the private sector. It really is crucial to underpin the encouragement of businesses to invest, to underpin everyone working together for economic growth," Murray added. Shadow Chancellor Rachel Reeves announced a host of new economic pledges aimed at stimulating growth, vowing to "rebuild Britain" if Labour wins the 2024 General Election.

Persons: Keir Starmer, James Murray, Murray, Rishi, Liz Truss's, Kwasi Kwarteng, Rachel Reeves, Reeves, Jeremy Corbyn, Starmer, Emma Reynolds Organizations: Bloomberg, Getty, Labour, Shadow, Conservative Party, Treasury Locations: Canary, London, LIVERPOOL, England, Britain, Liverpool

☆ UK opposition Labour announces sweeping economic reforms in promise to 'rebuild Britain'
▼ + stars: | 2023-10-09 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

LIVERPOOL, England — Britain's main opposition Labour party on Monday vowed to "rebuild Britain" if it wins the 2024 General Election, as Shadow Finance Minister Rachel Reeves announced a host of new economic pledges aimed at stimulating growth. The lifeblood of a growing economy is business investment," Reeves said, further cementing the party's recalibration in recent years as a centrist, pro-business alternative to the ruling Conservatives. Truss and then-Chancellor Kwasi Kwarteng opted not to seek an independent appraisal from the OBR, breaking with traditional norms of economic policy. Labour holds around a 20-point lead over the Conservatives across most major polling, with the ruling party damaged by a string of scandals and the fallout from Sunak's predecessor Liz Truss's "mini-budget." In order to catalyze and de-risk business investment, Labour would create a new national wealth fund, Reeves also announced.

Persons: Rachel Reeves, Jeremy Hunt, Reeves, Liz Truss, Kwasi Kwarteng, Rishi Sunak, Liz Truss's Organizations: Labour, Shadow, Conservative Party Locations: LIVERPOOL, England, Britain, Liverpool, France, Germany, America

David Willard has been checking the grounds of Chicago's lakefront exhibition center for dead birds for 40 years. Researchers estimate hundreds of millions of birds die in window strikes in the United States each year. When they see plants or bushes through windows or reflected in them, they head for them, killing themselves in the process. Pre-dawn rain forced the birds to drop to lower altitudes, where they found the McCormick Center’s lights on, Willard said. The first buildings at McCormick Center were constructed in 1959.

Persons: David Willard, ”, Willard, we've, Matt Igleski, it's, Stan Temple, They’ve, Temple, they’ve, “, McCormick, Anna Pidgeon, ” Willard Organizations: Chicago Field Museum, Smithsonian Conservation Biology Institute, U.S . Fish, Wildlife Service, Chicago Audubon Society, University of Wisconsin, University of Wisconsin -, University of Wisconsin - Madison ., World Trade Center, National Audubon Society, McCormick Center Locations: McCormick, United States, U.S, Galveston , Texas, Chicago, Madison, Michigan, University of Wisconsin - Madison, New York City, Toronto , New York, Boston, San Diego, Dallas, Miami

☆ Exclusive: Line Man Wongnai targets listing as early as 2025 -exec
▼ + stars: | 2023-09-01 | by ( Sam Nussey | ) www.reuters.com time to read: +2 min

The logo of Thailand Stock exchange is pictured at an exhibition hall in Bangkok, Thailand, May 12, 2016. REUTERS/Athit Perawongmetha/File Photo Acquire Licensing RightsTOKYO, Sept 1 (Reuters) - Thai food delivery startup Line Man Wongnai has begun appointing advisors to prepare for an initial public offering and is targeting a listing as soon as 2025, according to a senior executive at the Southeast Asian unicorn. Line Man Wongnai competes with Singapore-based Grab (GRAB.O), Foodpanda, and the food delivery business of Siam Commercial Bank. It was formed in 2020 from a merger of Line Man, the Thai food delivery business of Line, and restaurant aggregator Wongnai. "We are in a position to really help digitalise Thailand," said Chung, a former Goldman Sachs banker from South Korea who previously worked for Line, adding that the food delivery business is gaining market share.

Persons: Athit, Wongnai, Young Chung, Chung, Goldman Sachs, Sam Nussey, Yantoultra Ngui, Stephen Coates Organizations: Thailand Stock, REUTERS, Rights, Reuters, Siam Commercial Bank, Siam Cement, FoodStory, Thomson Locations: Bangkok, Thailand, United States, Asia, Singapore, Siam, South Korea

☆ Citigroup's Asia family office clients poised to grow 25% in 2023
▼ + stars: | 2023-08-04 | by ( Xie Yu | ) www.reuters.com time to read: +2 min

REUTERS/Athit Perawongmetha/File PhotoHONG KONG, Aug 4 (Reuters) - Citigroup's (C.N) Asia family office business expects a 25% increase in clients this year, the U.S. bank's regional head of its family office advisory business said, as Singapore and Hong Kong vie to attract more wealth. Global banks have been beefing up family office arms in Asia, as demand continues to surge among rich Asians wanting to set up private investment vehicles and plan for business succession. Citi in 2020 turned its Asia family office service into a full-fledged unit combining advisory, family governance, legacy planning, philanthropy, investment and deal-making capabilities for ultra-wealthy clients. "We have seen great interest from China, Hong Kong, the Philippines, India, and Indonesia in settling their family offices here (Hong Kong)," Ong said, adding there was also growing interest from Middle Eastern clients. There is scale and Singapore is becoming more discerning about the type of family offices it wants to attract," Ong said.

Persons: Athit, HONG KONG, Faye Ong, Ong, Faye, Xie Yu, Sumeet Chatterjee, Jamie Freed Organizations: Citi, REUTERS, Reuters, Global, Accenture, Thomson Locations: Bangkok, Thailand, HONG, Asia, U.S, Singapore, Hong Kong, China , Hong Kong, Philippines, India, Indonesia, Hong

The world's largest air show, which alternates with Farnborough in Britain, is at Le Bourget for the first time in four years after the 2021 edition fell victim to the pandemic. On the civilian side, planemakers arrived with growing demand expectations as airlines rush for capacity to meet demand and help reach industry goals of net zero emissions by 2050. REUTERS/Benoit TessierIndiGo's deal highlights the growing importance of India, the world's fastest-growing aviation market, serving the largest population, to planemakers. In another key market, Airbus said Saudi budget airline flynas had firmed up an order for 30 of its A320neo-family narrowbody aircraft, confirming a Bloomberg report. France's Thales (TCFP.PA) also announced a contract from Indonesia for 13 long-range air surveillance radars.

Persons: Le Bourget, Emmanuel Macron, planemakers, Sash Tusa, Benoit Tessier IndiGo's, there's, Pieter Elbers, flynas, Avolon, Tim Hepher, Joanna Plucinska, Allison Lampert, Valerie Insinna, Aditi Shah, Julia Payne, Nandan Mandayam, Mark Potter, Jonathan Oatis Organizations: Airbus, Defence, Indian, Paris, Reuters, Air India's, Boeing, Farnborough, French Rafale, Industry, Partners, Air, REUTERS, Saudi, Bloomberg, Kyiv, Rafale, Eurofighter, Thales, Mexico's Viva, Thomson Locations: Paris, PARIS, Britain, UKRAINE, European, France, Germany, Spain, Le Bourget, India, Ukraine, Ukrainian, Belgium, Franco, Spanish, Indonesia, Air India

[1/2] A model of a Future Combat Air System (SCAF), a European aircraft developed by France, Germany and Spain is displayed during the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023. On the civilian side, planemakers arrived with growing demand expectations as airlines rush for capacity to meet demand and help reach industry goals of net zero emissions by 2050. In another key market, Airbus said Saudi budget airline flynas had firmed up an order for 30 of its A320neo-family narrowbody aircraft, confirming a Bloomberg report. France's Thales (TCFP.PA) also announced a contract from Indonesia for 13 long-range air surveillance radars. The planemaker is also close to a potentially large order for narrow-body jets from Mexican low-cost carrier Viva Aerobus, industry sources said on Sunday.

Persons: Benoit Tessier, Le Bourget, Emmanuel Macron, planemakers, there's, Pieter Elbers, flynas, Tim Hepher, Joanna Plucinska, Allison Lampert, Valerie Insinna, Mark Potter Organizations: Air, Paris, REUTERS, Airbus, Defence, Indian, Reuters, Air India's, Boeing, Farnborough, French Rafale, Industry, Saudi, Bloomberg, Rafale, Eurofighter, Thales, Qantas, Viva Aerobus, Thomson Locations: European, France, Germany, Spain, Le Bourget, Paris, PARIS, Britain, India, Ukraine, Belgium, Franco, Spanish, Indonesia

[1/2] A model of a Future Combat Air System (SCAF), a European aircraft developed by France, Germany and Spain is displayed during the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 19, 2023. REUTERS/Benoit TessierPARIS, June 19 (Reuters) - The Paris Airshow opened on Monday with last-minute jet order negotiations and supply chain headaches competing for attention with rows of missiles, drones and futuristic transport. France's Thales (TCFP.PA) announced a contract from Indonesia for 13 long-range air surveillance radars. On the commercial side, planemakers arrived with growing demand expectations as airlines rush for capacity to meet demand and help reach industry goals of net zero emissions by 2050. Airbus is also close to a potentially large order for narrow-body jets from Mexican low-cost carrier Viva Aerobus, industry sources said on Sunday.

Persons: Benoit Tessier PARIS, Le Bourget, Emmanuel Macron, France's, planemakers, Tim Hepher, Joanna Plucinska, Allison Lampert, Valerie Insinna, Mark Potter Organizations: Air, Paris, REUTERS, Farnborough, French Rafale, U.S, Rafale, Eurofighter, France's Thales, Airbus, . Industry, Qantas, Viva Aerobus, Boeing, Thomson Locations: European, France, Germany, Spain, Le Bourget, Paris, Britain, Belgium, Franco, Spanish, Ukraine, Indonesia

☆ This golden statue was ridiculed when a local government erected it. Then gold price skyrocketed.
▼ + stars: | 2023-05-11 | by ( Jake Kwon | ) edition.cnn.com time to read: +3 min

The county government decided it would erect a statue of bats – dubbed “golden bats” by savvy marketers – made from, as one could guess, pure gold. Then it took three years for renowned South Korean sculptor Byun Kun-ho to sculpt five golden bats flying through a massive silver ring. Its detractors viewed spending millions on a golden statue as a waste, while the county relies on subsidies for around 90% of its revenue. A local newspaper called the move a “flashy but hollow bureaucratic decision” that was “divorced from the local sentiment.”After an attempted heist, additional security has been installed to protect the golden statue. But the value of the golden statue has attracted unwanted attention too.

☆ Why 2023 is the year to visit Mongolia
▼ + stars: | 2023-03-31 | by ( Breanna Wilson | ) edition.cnn.com time to read: +7 min

Ulaanbaatar, Mongolia CNN —Due to its remoteness and short summer season, Mongolia has long been a destination overlooked by travelers. Here are 10 reasons travelers should start planning their long-dreamed-of Mongolia visit now. A growing visa-free listWith the government of Mongolia declaring 2023 through 2025 the “Years to Visit Mongolia,” citizens from an additional 34 countries can now visit the country visa-free through the end of 2025. Celebrate Naadam as it turns the centuryThe annual Naadam event has always been a great reason to visit Mongolia, but now that the festival has just celebrated its 100 year anniversary, 2023 is as good a time as ever to attend. Yeruu LodgeNestled in the heart of Selenge province on the Yeruu River, Yeruu Lodge is the brainchild of Norwegian founder Eirik Gulsrud Johnsen, who first visited Mongolia in 2017.

☆ Chanel takes glittering, camellia-themed line-up to Paris catwalk
▼ + stars: | 2023-03-07 | by ( Mimosa Spencer | ) www.reuters.com time to read: +2 min

[1/2] A model presents a creation by designer Virginie Viard, as part of her Fall-Winter 2023/2024 Women's ready-to-wear collection show, for fashion house Chanel during Paris Fashion Week, in Paris, France March 7, 2023. The entire set was built around towering, white camellia sculptures that faced the audience, seated in steep risers ringing the space, a sprawling exhibition hall south of the Eiffel Tower. Most looks were black and white, paraded by models striding on shiny black platform boots, often with patterned white tights. For the finale, the massive camellia sculptures suddenly glowed red, and slowly shifted between red and a bright pink as models rounded the room. The catwalk presentation was held on the final day of Paris Fashion Week, which drew crowds of celebrities to the French capital, and featured big-name labels including Hermes, Valentino, LVMH-owned (LVMH.PA) Dior and Louis Vuitton, Kering-owned (PRTP.PA) labels Saint Laurent and Balenciaga.

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