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☆ Ukraine is getting a prototype artillery shell that can strike 3 times as far as regular rounds: report
▼ + stars: | 2024-05-08 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Germany plans to send Ukraine a prototype artillery shell that can travel 62 miles, Handelsblatt reported. AdvertisementGermany is gearing up to send Ukraine a prototype artillery shell that can travel up to 62 miles, German newspaper Handelsblatt reported. That would more than triple the reach of the conventional 155 mm artillery rounds Ukraine is heavily reliant on, depending on what system is used to fire it. It's not clear what the prototype munition actually is. Earlier this year, Germany announced a $5.3 million military aid package for Ukraine, including 10,000 artillery rounds from its own stocks, Politico reported.

Persons: They'd, —, It's, Handelsblatt, Russia's, Armin Papperger, Germany's, Olaf Scholz, Scholz Organizations: Service, Associated Press, Rheinmetall, Defense, Politico Locations: Germany, Ukraine, Berlin

☆ A US ally is forging ties with China's air force but probably won't get its J-20 stealth fighter
▼ + stars: | 2024-05-08 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

The UAE is boosting ties with China's air force. Major General Saleh Mohammed bin Mejren Al Ameri, commander of the UAE's Joint Operations, met with the commander of China's People's Liberation Army Air Force on April 23 to promote closer air force cooperation. Another even speculated Abu Dhabi may eventually seek China's premier stealth fighter: the fifth-generation J-20 Mighty Dragon. I don't see this relationship developing into something similar to what the UAE Air Force has with France or even Russia anytime soon." Furthermore, the Emirati air force fighter fleet is already large for such a small country, making it unlikely the L-15s will serve any combat role.

Persons: —, General Saleh Mohammed bin Mejren Al Ameri, China's, Abu Dhabi, Abu, Abu Dhabi's, Ahmed Aboudouh, Aboudouh, Washington's hesitance, Fred Tanneau, Sebastien Roblin, Roblin, haven't, Russia's Su, Robin Organizations: Service, United, Liberation Army Air Force, Dassault Rafales, Chatham House, China Studies Unit, Emirates Policy Center, Rafale, Dassault Aviation, UAE Air Force, UAE, China hasn't, FC, Korea's KF, UAE . The Emirates, KF Locations: UAE, Washington, Beijing, United Arab Emirates, China, United States, Abu Dhabi, UAE's, France, Abu, Russia, Saudi, Pakistan, Ukraine

☆ French cognac makers surge as Macron hints at cooling of China trade dispute
▼ + stars: | 2024-05-07 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

French President Emmanuel Macron (R) shakes hands with Chinese President Xi Jinping after delivering a joint statement at the Elysee Palace, as part of the Chinese president's two-day state visit in France, in Paris on May 6, 2024. The French president his Chinese counterpart for a state visit on May 6, 2024, seeking to persuade the Chinese leader to shift positions over Russia's invasion of Ukraine and also imbalances in global trade. (Photo by Sarah Meyssonnier / POOL / AFP) (Photo by SARAH MEYSSONNIER/POOL/AFP via Getty Images)Shares of several French cognac makers rallied on Tuesday after France's President Emmanuel Macron suggested that trade tensions between China and the European Union, which could impact the drinks makers, may ease. France's Macron on Monday addressed the ongoing trade dispute with Chinese President Xi Jinping and gifted him a top-range bottle of French cognac which reportedly retails at over $3,200. "I thank the president for his open attitude regarding provisional measures on cognac and for his wish not to implement them," Macron said in a press conference on Monday.

Persons: Emmanuel Macron, Xi Jinping, Sarah Meyssonnier, SARAH MEYSSONNIER, Pernod Ricard, Remy Cointreau, France's Macron, Macron Organizations: Getty, European Union Locations: France, Paris, Ukraine, China, Europe

☆ China's Xi backs Macron call for global Olympic truce
▼ + stars: | 2024-05-07 | by ( ) www.cnbc.com time to read: +3 min

Emmanuel Macron, France's president, right, greets Xi Jinping, China's president, ahead of the state dinner marking the visit at the Elysee Palace in Paris, France, on Monday, May 6, 2024. Xi called on France to help fend off a "new Cold War" as the EU increasingly aligns with U.S. concerns over security risks and trade tensions. China's President Xi Jingping on Monday called for a global truce during the Olympic Games in Paris this summer after the French president and the head of the European Commission urged him to use his influence on Russia to end its war in Ukraine. As member of the United Nations Security Council and as a responsible country, China urges with France for a truce in the world during the Paris Olympic games," Xi said, speaking through an interpreter alongside Macron during a joint statement. Russia has previously been lukewarm about a truce saying Ukraine might use it as an opportunity to regroup and rearm.

Persons: Emmanuel Macron, Xi Jinping, Xi, Xi Jingping, Ursula von der, Macron, Vladimir Putin, Putin's Organizations: Olympic Games, European Commission, United Nations Security Council, Paris Olympic, Paris, Games, Paralympic Games Locations: Paris, France, EU, Russia, Ukraine, Europe, China, Moscow, Russian, Switzerland

☆ Putin orders tactical nuclear weapon drills to deter the West
▼ + stars: | 2024-05-06 | by ( ) www.cnbc.com time to read: +5 min

Russia's defense ministry said it would hold military drills including practice for the preparation and deployment for use of non-strategic nuclear weapons. "During the exercise, a set of measures will be carried out to practice the issues of preparation and use of non-strategic nuclear weapons," the ministry said. Russia and the United States are by far the world's biggest nuclear powers, holding more than 10,600 of the world's 12,100 nuclear warheads. No power has used nuclear weapons in war since the United States unleashed the first atomic bomb attacks on the Japanese cities of Hiroshima and Nagasaki in 1945. Major nuclear powers routinely check their nuclear weapons but very rarely publicly link such exercises to specific perceived threats in the way that Russia has.

Persons: Vladimir Putin, Alexey Danichev, Natalia Kolesnikova, Joe Biden, Andriy Yusov, Sergei Shoigu, Emmanuel Macron, Volodymyr Zelensky, Ludovic Marin, David Cameron, Dmitry Peskov, Putin, Abrams, Sean Gallup Organizations: Federal Assembly's Council, Reuters, Missile, Southern Military District, Military, Victory Day, Afp, Getty, Russian Federation, Federation of American Scientists, CNN, Ukraine, Kremlin, U.S . Senate, AFP, British, NATO, U.S . Army, British Amphibious Engineer Battalion Locations: Saint Petersburg, Russia, Reuters Russia, Moscow, France, Britain, United States, Ukraine, U.S, China, Hiroshima, Nagasaki, Russian, Paris, London, Soviet Union, Gniew, Poland

☆ France's Macron set to press visiting Xi on trade, Ukraine
▼ + stars: | 2024-05-05 | by ( ) www.cnbc.com time to read: +1 min

Chinas President Xi Jinping (L) and his French counterpart Emmanuel Macron attend the official welcoming ceremony in Beijing on April 6, 2023. China's President Xi Jinping heads to Paris on Sunday for a rare visit, with his French counterpart Emmanuel Macron set to press him to reduce trade imbalances and try to convince him to use his influence on Russia over the war in Ukraine. Neither aim will be easily fulfilled during Xi's two-day stay in France, where he arrives at a time of growing trade tensions between Europe and China. His official meetings will include joint talks with Macron and European Commission chief Ursula von der Leyen. German Chancellor Olaf Scholz will not join Macron and Xi in Paris due to prior commitments, sources said.

Persons: Xi Jinping, Emmanuel Macron, Xi, Ursula von der, Olaf Scholz, Noah Barkin Organizations: China's, European Union, EU, Macron, European Commission Locations: Beijing, Paris, Russia, Ukraine, France, Europe, China, European, Germany, German

☆ Credit Agricole's first-quarter earnings jump as investment banking beats rivals
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: +2 min

Credit Agricole , France's second-biggest listed bank, posted a forecast-beating 55% jump in first-quarter net profit on Friday, helped by corporate and investment banking sales that outperformed rivals. Net profit in the January to March period rose to 1.9 billion euros ($2.04 billion), above the 1.48 billion-euro average of 19 analyst estimates compiled by the company. Sales climbed 11% to 6.81 billion euros, topping analyst expectations of 6.47 billion euros. The cost of risk, or money put aside for bad loans, was 400 million euros, 105 million euros less than expected. Targets include annual underlying net income of more than 6 billion euros and a return on tangible equity of more than 12%.

Persons: Amundi Organizations: Credit Agricole, BNP Paribas, Societe Generale, Agricole Locations: France's, France

☆ A NATO country said it could join Ukraine's war with Russia if 2 conditions are met
▼ + stars: | 2024-05-03 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

His remarks about French soldiers defending Ukraine are among the most hawkish by a Western leader. AdvertisementFrance's President Emmanuel Macron reaffirmed that he would consider sending French troops to Ukraine, and spelled out the conditions in which this could place. He added that if Russia defeats Ukraine it would then likely seek to attack another European country. Related storiesMacron's remarks about sending French troops to defend Ukraine were among the most hawkish by a Western leader. The Kremlin's spokesman, Dmitry Peskov, in response to Macron's earlier remarks, said that deploying NATO troops to Ukraine would lead to war between Russia and the alliance.

Persons: Emmanuel Macron, —, Macron, Vladimir Putin, I'm, Dmitry Peskov, Peskov, Ruth Deyermond Organizations: Service, NATO, Ukraine, RFE, RL, Business Locations: Ukraine, France, Russian, Europe, Russia

☆ Societe Generale's investment bank limits first-quarter profit plunge
▼ + stars: | 2024-05-03 | by ( ) www.cnbc.com time to read: +1 min

French bank Societe Generale reported a smaller-than-expected 22% slide in first-quarter net income on Friday, as profits on equity derivative sales offset more weakness at its retail bank and in fixed-income trading. France's third-biggest listed lender, whose CEO Slawomir Krupa is seeking to end several years of lackluster performance and trim costs, said group net income over the first three months of the year was 680 million euros ($729.30 million). Sales slipped 0.4% to 6.65 billion euros, above the 6.46 billion-euro analyst average estimate. SocGen's investment banking division saw its earnings jump 26.4% to 690 million euros, beating forecasts, while revenues weakened 5.1% to 2.62 billion euros for the quarter. Equity derivatives sales, an area where SocGen has historically been strong, did well, the bank said, as did corporate financing services and its advisory business.

Persons: Slawomir Krupa Organizations: Societe Generale, Equity

☆ Only 2 stocks in Europe have beaten estimates for 5 quarters and rallied each time
▼ + stars: | 2024-05-01 | by ( Ganesh Rao | ) www.cnbc.com time to read: +2 min

Only two European stocks have positively surprised markets every quarter for the past five quarters, according to analysis by CNBC Pro. CNBC Pro screened for stocks that report EPS figures and have analysts' estimates available on FactSet. Most recently, on Feb. 5, the company beat earnings estimates by 6.1% and shares rallied more than 8% in the following session. Four quarters ago, the stock rallied by 12.8% in a single session following earnings. Many banking stocks, such as France's Societe Generale , Spain's Banco de Sabadell , Germany's Commerzbank and Sweden's Swedbank , beat earnings-per-share estimates over the past five quarters.

Persons: UniCredit, Germany's, Sweden's Organizations: CNBC Pro, Portugal's Banco Comercial Portugues, Generale, Spain's, Sabadell, Deutsche Bank, CNBC Locations: Europe, Milan

☆ McDonald’s earnings miss estimates as diners pull back, Middle East boycotts hit sales
▼ + stars: | 2024-04-30 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

McDonald's reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. McDonald's reported U.S. same-store sales growth of 2.5%, missing expectations of 2.6%. A month into the second quarter, McDonald's U.S. same-store sales are roughly flat, executives said. McDonald's said the segment's same-store sales fell 0.2%, marking the first time since the pandemic that one of the chain's divisions reported a same-store sales decline. McDonald's international operated markets segment, which includes Germany and the United Kingdom, reported same-store sales growth of 2.7%.

Persons: McDonald's, Chris Kempczinski, Kempczinski, Ian Borden, we've, Borden Organizations: LSEG, U.S Locations: U.S, Israel, Japan, Latin America, Germany, United Kingdom

☆ Aya Nakamura: The most streamed female Francophone artist has become a target in France’s culture wars ahead of Paris 2024
▼ + stars: | 2024-04-26 | by ( Bea Adeleke | ) edition.cnn.com time to read: +11 min

CNN —Aya Nakamura was born in the former French colony of Mali, raised in France and is widely considered the most streamed female Francophone artist in the world. However, ahead of Paris 2024, Nakamura finds herself at the center of France’s culture wars. Aya Nakamura attends the Kenzo Menswear Fall-Winter 2023-2024 show as part of Paris Fashion Week on January 20, 2023 in Paris, France. “I think that the people who criticize her actually don’t accept that she embodies France,” French activist Rokhaya Diallo told CNN. Politicians such as Le Pen hailed the legislation as an “ideological victory” whilst French health Minister, Aurelien Rousseau resigned in protest.

Persons: Aya Nakamura, Nakamura, Edith Piaf, Piaf, “, ”, I’m, Rachida, Kenzo, Pascal Le Segretain, Marion Maréchal, Marine Le, Rokhaya Diallo, ” Nakamura, ’, le, Geoffroy Van Der, Emanuel Macron, Nakamura “, Le Pen, Vincent Martigny, Thomas Samson, Marion Marechal, Emmanuel Dunand, Martigny, Diallo, Zinedine Zidane, ” Diallo, ‘, Oliver Roy, Reynaud Julien, Macron, Aurelien Rousseau Organizations: CNN, France’s, of Culture, Rally, Blacks, Rassemblement National, Getty, Olympic Aquatics, France Inter, Science, University of Nice, National Assembly, soccer team, Paris Olympic, Le, Palais des Sports, EUI, of Transnational Governance, Twitter, APS, France, BMFTV, RMC Locations: Mali, France, French, Paris, Bamako, Europe, ”, Geoffroy Van Der Hasselt, AFP, Rassemblement, Ukraine, North, Carhaix

☆ A top fund manager is using these 7 global stocks to beat the market
▼ + stars: | 2024-04-22 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Global stock markets may be coming under pressure from geopolitical tensions and sticky inflation — but one portfolio manager sees potential in several stocks. Hinchliffe oversees more than $1 billion of PineBridge's assets via its Global Focus Equity Fund . What we are trying to do is beat the benchmark by constructing our portfolio to be similar to the market from a risk perspective," Hinchliffe said. "We're not taking a view that small caps are better or worse this year than last year; we're not taking the view that growth stocks are better than value stocks. The portfolio manager noted that they "clearly led the market last year based on fantastic earnings growth by and large."

Persons: Rob Hinchliffe, Hinchliffe, —, Morningstar, We're, we're, France's Legrand Organizations: PineBridge Investments, CNBC Pro, Global Focus Equity Fund, Equity Fund, Stock, Microsoft, Nvidia, Walmart Locations: U.S, Swiss

☆ European markets set to open higher; UK GDP grows 0.1% in February
▼ + stars: | 2024-04-12 | by ( Sam Meredith | ) www.cnbc.com time to read: +1 min

The U.K.'s FTSE 100 index is expected to open 31 points higher at 7,949, Germany's DAX up more than 100 points at 18,051, France's CAC 47 points higher at 8,064 and Italy's FTSE MIB 150 points higher at 33,212, according to data from IG. European markets are set to open higher on Friday morning as investors parse through U.K. economic data and reflect on a somewhat murky U.S. inflation outlook. The market moves come after the pan-European Stoxx 600 index closed lower in the previous session. Stateside, investors digested fresh inflation data in search of clues on exactly when the U.S. central bank may start cutting interest rates. In Europe, Britain's economic output increased by 0.1% in monthly terms in February, in line with expectations, according to figures published Friday by the Office for National Statistics.

Persons: Germany's DAX, Dow Jones Organizations: CAC, IG, European Central Bank, U.S, U.S . Federal, Labor Department's Bureau of Labor Statistics, Dow, Office, National Statistics Locations: U.S ., U.S, Europe

☆ Prince William and George cheer on Aston Villa in first outing since Kate’s cancer announcement
▼ + stars: | 2024-04-12 | by ( Lauren Said-Moorhouse | Max Foster | ) edition.cnn.com time to read: +4 min

CNN —Prince William and Prince George were spotted watching their soccer team Aston Villa together on Thursday evening - their first sighting since the Princess of Wales’ cancer diagnosis. Royal-watchers were thrilled to see Prince William at the game on Thursday evening. Catherine Ivill/AMA/Getty ImagesCatherine revealed in a powerful video message on March 22 that she had started treatment after being diagnosed with cancer. Specifically, they are eyeing up the D-Day 80th anniversary ceremony in Normandy, France on June 6 or his birthday parade through central London a week later. One trip the King did manage to get sign-off from doctor’s on was an escape to Scotland for a very special occasion.

Persons: CNN — Prince William, Prince George, Princess, Wales, Prince of Wales, Prince William, Catherine Ivill, Catherine, King Charles III, he’ll, Duke, Duchess, Prince Edward, Sophie, Victoria Jones, Edward, Charles, Andrew Bailey, Sarah John, Yui Mok, King, Camilla Organizations: CNN’s Royal, CNN, Aston Villa, Lille, Europa Conference League, Kensington Palace, Entente, France's Gendarmerie Garde, Guard, Getty, London, Bank of England Locations: British, Villa, Birmingham, Windsor ., Kensington, Edinburgh, Buckingham, London, Paris, Normandy, France, doctor’s, Scotland, Birkhall, Balmoral

☆ Daniil Medvedev rants at officials for second successive day as Russian exits Monte-Carlo Masters
▼ + stars: | 2024-04-11 | by ( Matias Grez | Ben Morse | ) edition.cnn.com time to read: +4 min

Khachanov, as a result, earned two break points and would eventually capitalize on the second, thanks to a Medvedev double fault. 4 was frustrated with two calls from the line judge on his baseline while serving at 1-2 in the second set. The first disagreement came after the 28-year-old returned a crushing winner from a Monfils forehand, which was called out by the line judge. The very next point, the same line judge called Monfils’ shot in to the dismay of Medvedev, who left the ball expecting an out call to come. He can make a mistake as well, everybody can.”Mohamed Lahyani had to ask Medvedev not to shout at the line judge in Wednesday's match.

Persons: CNN — Daniil Medvedev ranted, Karen Khachanov, Carlo Masters, Khachanov, Carlos Bernardes, Cedric Mourier, “, ” Medvedev, It’s, …, Russia's Daniil Medvedev, France's Gael Monfils, Valery Hache, Mohamed Lahyani, Gaël Monfils, Lahyani, Monfils ’, Medvedev, shrugging, ” Lahyani, ” Mohamed Lahyani, Julian Finney Organizations: CNN, Medvedev, France's, Getty Locations: AFP, Russian

☆ Researchers used the world's most powerful MRI to get brain scans that are 10 times as detailed as a hospital MRI — take a look
▼ + stars: | 2024-04-10 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +3 min

French researchers used a powerful MRI machine to create detailed brain scans of about 20 people. AdvertisementResearchers have unveiled images of the human brain from the world's most powerful MRI, which could one day lead to breakthroughs in treating Alzheimer's, Parkinson's, and other diseases. AdvertisementA machine powerful enough to capture thousands of neuronsThe strength of MRI magnets is measured in a unit called Teslas. CEASuch detailed images could help researchers look for changes in the brain and learn new information about how the organ functions. Physicians at the Cleveland Clinic, for example, used a 7 Tesla MRI machine to find the location of a tiny lesion that was causing a patient's epileptic seizures.

Persons: —, Iseult, Alexandre Vignaud, France's, they're Organizations: Service, France's Atomic Energy, Agence France, University of California, France's Atomic Energy Commission, Duke University, Cleveland Clinic Locations: Alzheimer's, Berkeley

☆ NATO helicopters are shooting down and eliminating enemy drones in a rarer kind of Red Sea battle
▼ + stars: | 2024-04-08 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Houthi attack drones have mostly been intercepted by US and allied warships in the Red Sea. Air-to-air combat has been much less common, but last month, a French helicopter shot down a drone. One recent interception, however, was credited to a French helicopter crew, which blasted a Houthi attack drone out of the sky in air-to-air combat. AdvertisementPilots are 'well-trained'And the US hasn't been the only naval force to destroy Houthi threats in the Red Sea with embarked helicopters. A Germany Navy Sea Lynx helicopter flies over the corvette Oldenburg in the Baltic Sea on June 05, 2023 near Rostock, Germany.

Persons: —, FRANCOIS NASCIMBENI, Brynn Tannehill, Hawk, Tannehill, Damon Coulter, Dwight D, Eisenhower, Sean Gallup, You've, you've Organizations: US, Red Sea, Service, Helicopters, Getty Images, US Navy, Navy, UH, US Army Black, US Navy Sikorsky, Helicopter Maritime, Naval Air Facility, Getty, aircraft, Command, Germany Navy Sea Lynx, German Bundeswehr Joint Forces Operations Command, BI, Lynx Locations: Red, French, France, Sissonne, AFP, Getty Images France, Iran, Yemen, Kanagawa, American, Hessen, Baltic, Rostock, Germany

☆ It looks like it could be the end of the AI hype cycle
▼ + stars: | 2024-04-03 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read previewSome AI leaders are starting to ask themselves the question: should we be buying the hype? Almost a year and a half on from the launch of ChatGPT, the hype around the technology is seemingly everywhere. AI image generator Stability AI also lost its chief, Emad Mostaque, amid reports of financial pressure. Others though, like Google deep learning expert François Chollet, are keen to stress just how far off human intelligence today's AI models actually are. Until some real signs of money-making, human-level intelligence do emerge, expect more to call it all hype.

Persons: —, Bill Gates, Elon Musk, it's, Gary Marcus, Sam Altman, Marcus, GmjUDKhc6k — Gary Marcus, @GaryMarcus, Mustafa Suleyman, Emad Mostaque, Eric Schmidt, Demis Hassabis, Musk, François Organizations: Service, Business, Google, Invest, Investors, New York University, Nvidia, NVidia, Blackwell, Microsoft, Financial Locations: OpenAI, Sequoia

☆ France Plans to Restrict Unemployment Benefits in New Reform Push, PM Says
▼ + stars: | 2024-03-27 | by ( March | At P.M. | ) www.usnews.com time to read: +1 min

PARIS (Reuters) - France is planning to toughen unemployment rules by restricting the period when jobless citizens receive welfare payments, Prime Minister Gabriel Attal said on Wednesday. Outlining the government's plans to further reform the job market, Attal told TF1 television: "One of the options is to reduce the duration of payments. An unemployed worker aged 53 or less currently receives up to 18 months of benefits plus six months if jobs are scarce. The duration extends to 22-1/2 months plus 7-1/2 months for workers aged 53-54, and 27 months plus nine months for those over the age of 55. Other than shortening the duration of welfare payments, Attal also said the government was considering toughening the requirements to be eligible for unemployment benefits.

Persons: Gabriel Attal, Attal, Emmanuel Macron's, Tassilo Hummel, Timothy Heritage Organizations: PARIS, TF1 Locations: France

The movement is in stark contrast to Croatia’s recent past, when it was part of the former Yugoslavia, a Communist-run country that protected abortion rights in its constitution 50 years ago. As a result, many women have traveled to neighboring Slovenia for an abortion over the years. Pushed forward by a women’s organization born out of World War II, the right to abortion was later included in Yugoslavia’s constitution. Elsewhere in the former Yugoslavia, Serbia and Slovenia have included the freedom to choose whether to have children in their constitutions. Bosnia’s women can legally obtain abortion during the first 10 weeks of pregnancy, though economic impediments exist in the impoverished, post-war country.

Persons: ”, Ana Sunic, Tanja Ignjatovic, Sanja Sarnavka, “, Muzevni, Mirela Cavajda, Cavajde, Jasenka Grujić, Grujic, ” Grujic, ” Ignjatovic, Sabina Niksic, Predrag Milic Organizations: Catholic, European Union, Autonomous Women’s Center, Associated Press, Gec Locations: ZAGREB, Croatia, Catholic Croatia, European, Slovenia, Yugoslavia, Communist, Zagreb, Croatia's, “, France, Balkans, Belgrade, Serbia, Croatian, Sarajevo, Bosnia, Podgorica, Montenegro

☆ France's Macron Says Proposed EU-Mercosur Agreement Is 'Very Bad Deal'
▼ + stars: | 2024-03-27 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

"As it is negotiated today, it is a very bad deal, for you and for us," Macron told businessmen in Sao Paulo while on a three-day trip to Latin America's largest economy, amid troubled talks over a free trade deal between the two economic blocs. "There is nothing that takes into consideration the subject of biodiversity and climate; nothing," Macron said. "Let's forge a new deal in light of our goals and reality, a trade deal that is responsible on development, climate and biodiversity." "It's true we lost an opportunity at the end of last year, but we should not give up on this deal." At upcoming G20 and COP summits in Brazil, Macron said he planned to push for more international standards to financially incentivize banks, firms and investors to decarbonize industrial processes and better preserve the environment.

Persons: Sarah Morland, Emmanuel Macron, Macron, Fernando Haddad, Haddad, Luiz Inacio Lula da Silva, Lula, Jair Bolsonaro, Eduardo Simoes, Jonathan Oatis, Kylie Madry, Kim Coghill Organizations: Reuters, European Union, South American Mercosur, Brazilian Finance Locations: Brazil, Sao Paulo, France, Africa, Mexico City

☆ A global gold rush for buried hydrogen is underway — as hype builds over its clean energy potential
▼ + stars: | 2024-03-26 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +6 min

Geologic hydrogen, sometimes referred to as white, gold or natural hydrogen, refers to hydrogen gas that is found in its natural form beneath Earth's surface. Last year, researchers found what may be the world's largest geologic hydrogen deposit to date in France's eastern Lorraine region. The unexpected discovery further boosted interest in its clean energy potential. Some have expressed skepticism about the clean energy potential of natural hydrogen. Grey hydrogen — produced using natural gas and the most common form of hydrogen production — leads to large greenhouse gas emissions.

Persons: Alex Halada, Le, Canada's Hydroma, Ousmane Makaveli, Geoffrey Ellis, Ellis, we've, Minh, Energy's Le, Ana Maria Jaller, Makarewicz, Sebastien Salom Organizations: Geological Agency of, Ministry of Energy, Mineral Resources, Nurphoto, Afp, Getty, Research, Rystad Energy, CNBC, Energy Resources Program, . Geological Survey, U.S . Department of Energy, Institute for Energy Economics, videoconference, Carbon Trust Locations: Pute Jaya, Morowali Regency, Central Sulawesi Province, Indonesia, U.S, Canada, Australia, France, Spain, Colombia, South Korea, Gampern, Upper Austria, Mali's, Bamako, Malian, Bourakébougou, France's, Lorraine, Niger, Mali, gomis

☆ OpenAI strikes deals with more major news publishers, posing a threat to Google's dominance
▼ + stars: | 2024-03-16 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

The ChatGPT maker announced this week it had struck partnerships with two major European media organizations: France's Le Monde and Spain's Prisa Media. This story is available exclusively to Business Insider subscribers. This is a "threat" to GooglePublishers who've signed agreements with OpenAI say they hope the partnerships will bring new life to their business. By wooing users with a better interface, OpenAI could threaten Google's dominance over online search, Zaman said. OpenAI did not immediately respond to a request for comment from Business Insider.

Persons: —, OpenAI, Brad Lightcap, Axel Springer, Roger Lynch, Condé Nast, Google Publishers who've, Le Monde, Tauhid Zaman, Zaman, Hugh Martin Organizations: Service, Prisa, Business, Politico, CNN, Fox Corp, Bloomberg, ChatGPT, Yorker, Wired, The New York Times, Microsoft, Google Publishers, Google, Facebook, Media, Yale School of Management, Publishers, Scripps School of Journalism, Ohio University Locations: OpenAI

TOKYO (AP) — Global shares are mixed Thursday in lackluster trading. U.S. shares were set to drift higher with Dow futures up nearly 0.3% at 39,632.00. Nissan Motor Co. stock jumped 2.2% after an unconfirmed Japanese media report that the automaker behind the Leaf electric car was about to enter an agreement on EVs with domestic rival Honda Motor Co. Honda shares rose 1.1%. Photos You Should See View All 60 ImagesThe Japanese central bank has set a target of 2% inflation. That higher inflation has in turn dashed Wall Street’s hopes that the Federal Reserve could start offering relief at its meeting next week by cutting interest rates.

Persons: Germany's DAX, Sydney's, Hang Seng, ”, Anderson Alves, Brent Organizations: TOKYO, —, CAC, Dow, Nikkei, Nissan Motor Co, Honda Motor Co, Honda, Nissan, Bank of Japan, Bank of, Federal Reserve, Fed, U.S Locations: Hong, Shanghai, ActivTrades, Bank of Japan

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