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☆ Biden administration is leaning toward supplying Ukraine with long-range missiles
▼ + stars: | 2024-02-19 | by ( Courtney Kube | ) www.cnbc.com time to read: +5 min

MUNICH — After months of requests from Ukrainian officials, the Biden administration is working toward providing Ukraine with powerful new long-range ballistic missiles, according to two U.S. officials. It's to hit deep into the occupied territories, bypassing Russian radio electronic warfare and interceptors," he said, referring to long-range ATACMS. "If you want to hit behind the lines, disrupt their logistics and supplies, destroy their depots of ammunition, you can do it only with long-range missiles," he said. The Biden administration has resisted sending the long-range missiles over the past two years because officials worried Ukraine would use them to strike inside Crimea or Russia and cause Russian President Vladimir Putin to escalate the conflict. "Every advance Russia makes in Ukraine brings Russian weapons closer to the home of a middle-class European."

Persons: Biden, Donald Trump, Trump, Dmytro Kuleba, Antony Blinken, Blinken, Kuleba, It's, Vladimir Putin Organizations: Army Tactical Missile Systems, Republican, GOP, Trump Republicans, Senate, Republicans, Democrats, Senate . Defense, NBC News, Defense Department, U.S, Pentagon Locations: Ukrainian, Kreminna, Donetsk Oblast, Ukraine, MUNICH, U.S, Russian, Crimean, Israel, Taiwan, Munich, Crimea, Russia, White, Europe, Avdiivka

☆ US and allies disrupt Russian cyber espionage operation against US and Europe, FBI chief says
▼ + stars: | 2024-02-15 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —The FBI and its international allies disrupted a network of over 1,000 hacked internet routers that Russia’s military intelligence agency was using for cyber espionage operations against the United States and its European allies, FBI Director Christopher Wray said Thursday. The US has new intelligence on Russian military capabilities related to its efforts to deploy a nuclear anti-satellite system in space, CNN reported Wednesday. Wray’s announcement is the latest move by the FBI to use court orders to try to stifle complex hacking operations from Russian spy agencies. US intelligence agencies also use hacking operations to try to thwart Russia, China and other rival governments. But unlike the FBI’s court-authorized work, details of those US cyber operations rarely, if ever, are made public.

Persons: Christopher Wray, ” Wray, Wray, “ we’ve, Weeks, Russia’s Organizations: CNN, FBI, Munich Security Conference, Justice Department, Russian Embassy, US, “ Locations: United States, Russian, Washington , DC, Munich, Russia, China, Beijing, Ukraine, “ Russia

FRANKFURT, Germany (AP) — NFL Commissioner Roger Goodell says Berlin has shown “a lot of interest” in hosting a game as the league plans to extend its agreement to play in Germany beyond 2025. “Düsseldorf, Berlin — there’s been a lot of interest there — so I think they’re all possibilities, yes,” Goodell said Saturday. The NFL’s current deal calls for one game next season — it’s scheduled for Munich — and another in 2025, likely in Frankfurt. “We have every intention to continue to play here,” Goodell told the mostly German audience at a downtown hotel. In August 1990, the Chiefs played a preseason game against the Los Angeles Rams at Olympic Stadium in West Berlin after the Berlin Wall fell and just before reunification.

Persons: Roger Goodell, Berlin, “ Düsseldorf, there’s, ” Goodell, —, Goodell, “ You’ve, you’ve, ”, “, Brett Gosper, Berlin ”, they've, ___ Organizations: — NFL, Frankfurt, Kansas City Chiefs, Miami Dolphins, Deutsche Bank, Munich —, NFL, New England Patriots, Indianapolis Colts, Deutsche Bank Park, soccer, Eintracht Frankfurt, London, Tampa Bay Buccaneers, Seattle Seahawks, Allianz Arena, of, Associated Press, Chiefs, Los Angeles Rams, Olympic, Media, Jacksonville Jaguars Locations: FRANKFURT, Germany, Berlin, Munich, Frankfurt, Düsseldorf, Europe, Spain, Brazil, West Berlin, London

☆ Jeep, Dodge maker Stellantis to invest $1.6 billion in Chinese EV startup Leapmotor
▼ + stars: | 2023-10-26 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

Arjun Kharpal | CNBCStellantis on Thursday said it will invest 1.5 billion euros ($1.58 billion) in Chinese electric vehicle startup Leapmotor , as traditional automakers look for a way to compete in China's cutthroat market. The companies will form the Leapmotor International joint venture, aiming to boost sales of the Chinese brand's electric cars overseas. China, the world's biggest electric vehicle market, is dominated by domestic company BYD , as well as U.S. automaker Tesla . Traditional vehicle companies have been seen to be too slow to transition to manufacturing electric vehicles, hampering potential growth in the Chinese market. Stellantis eyes China boostThe deal could boost Stellantis' efforts in China, by having a local partner lead the way.

Persons: Arjun Kharpal, Li Auto, Stellantis, Abhik Mukherjee, Carlos Tavares, Leapmotor, Zhu Jiangming, Counterpoint's Mukherjee, Bill Russo Organizations: Leapmotor, CNBC, International, JV, Chrysler, Maserati, Tesla, Huawei, Counterpoint Research, EV, IAA, Guangzhou Automobile Company Locations: Leapmotor . China, China, Hangzhou, Munich, Greater China, Europe, Stellantis, China's Xpeng

☆ Elon Musk's 700 mph hyperloop tech hasn't become reality. But companies aren't giving up
▼ + stars: | 2023-09-12 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

The Hyperloop test track tube with its transport cabin is open for viewing before the opening begins. MUNICH — Hyperloop, a mega-fast transportation system dreamed up in 2013 by Tesla and SpaceX founder Elon Musk, was supposed to be a reality by now. There has been so much hype, with several firms years ago saying that we would have a mass-scale hyperloop system by now. By the end of the next decade, hyperloop technology will have longer tracks built through continents, Semino said. Hyperloop Transportation Technologies (HTT) and Elon Musk's Boring Company are also exploring the technology.

Persons: Elon Musk, I've, Gabriele Semino, Hyperloop, Semino, Elon Organizations: Technical University of Munich, Tesla, SpaceX, CNBC, IAA, Hyperloop Transportation Technologies, Elon Musk's Boring Locations: Europe, TUM, MUNICH, Munich

☆ Seat massages, smartphones and driverless features: Automakers turn to tech to take on Tesla
▼ + stars: | 2023-09-11 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +4 min

The presence of Amazon, Qualcomm, Samsung and other tech giants underscores how traditional automakers are looking to bolster the tech in their cars. Ramping up technology features is also essential to meet buyer expectations in China. Driverless features pushA big part of the focus of Tesla technology has surrounded its Autopilot ADAS. No car can operate autonomously — at least from a legal perspective — but automakers are ramping up the driverless features and capabilities. watch nowMore traditional automakers are looking to catch up in the area of driverless features.

Persons: Arjun Kharpal, You'd, Tesla, Mohit Sharma, That's, Xingji, Lucid Organizations: Amazon, IAA, Qualcomm, Samsung, CNBC, CCS Insight, Benz, Swedish EV, Polestar, BMW, Neue Locations: Munich, China, Swedish, U.S

☆ Tiny ‘bubble cars’ from the 1960s are making a comeback. Take a look at the latest electric versions
▼ + stars: | 2023-09-07 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

The Microlino electric vehicle on display at the IAA Mobility 2023 show in Munich, Germany. MUNICH — Tiny cars appear to be making a comeback. At the IAA motor show in Munich this week, there were a handful of small vehicles on display. They resembled the so-called microcars or "bubble cars" from several decades ago — like the Italian-designed Isetta, which was first produced in the mid-1950s. Another car on display at IAA was the Yoyo, a car from Italian-Chinese start-up XEV.

Persons: Smart, it's Organizations: IAA, Fiat Locations: Munich, Germany, MUNICH, Europe

☆ U.S. electric carmaker Lucid is exploring China entry; confirms mass market models ahead
▼ + stars: | 2023-09-07 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

In this article LCID Follow your favorite stocks CREATE FREE ACCOUNTThe Lucid Air Midnight Dream Edition. LucidMUNICH — Lucid is exploring selling its cars in China but has no timeline for when it will enter the world's largest electric car market, a top executive told CNBC. It's the world's largest car market. If you enter China on the wrong terms, you can make a lot of mistakes. "If you enter China on the wrong terms, you can make a lot of mistakes," he added.

Persons: Lucid, Zhu Jiang, Eric Bach, Bach, China's Organizations: CNBC, Air, IAA Locations: China, Munich, Germany, Arizona, U.S, BYD, Nio

☆ Tesla rival Polestar plans own smartphone launch alongside its first electric vehicle in China
▼ + stars: | 2023-09-06 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +5 min

Vcg | Visual China Group | Getty ImagesMUNICH — Swedish electric vehicle maker Polestar plans to launch a smartphone in December alongside deliveries of its first car to be released in China, the company's CEO told CNBC. It will be the company's first car to be delivered in China, as it ramps up expansion in the world's biggest electric vehicle market. Alongside that, Polestar will take the unusual move of launching a smartphone carrying the brand's name. It stems from a joint venture created in June between Polestar and Xingji Meizu, a Chinese smartphone maker owned by Chinese auto giant Geely . And the Polestar smartphone would not be an attempt to grow market share.

Persons: Thomas Ingenlath, Polestar, Xingji, Meizu, Ingenlath, It's, Neil Shah, Shah Organizations: HK, Shanghai International Automobile Industry, National Exhibition, Convention Center, Visual China, Getty, MUNICH, CNBC, Apple, EV, Counterpoint Research, BMW, Mercedes, Benz, Porsche Locations: Shanghai, China, Swedish, Polestar, German

☆ BMW to use Amazon cloud technology to build its autonomous driving features for new EVs
▼ + stars: | 2023-09-05 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +1 min

BMW revealed the BMW Vision Neue Klasse, a concept electric vehicle that will underpin its foray into battery-powered cars. MUNICH — BMW will build its semi-autonomous driver assistance system on Amazon's cloud computing technology, the two companies said Tuesday. It comes as traditional automakers look to boost the technology in their cars, with a particular focus on ADAS, to compete with Tesla . An ADAS is a software system that can offer drivers assistance with actions such as lane changing or parking. Automakers are looking to introduce an increasing number of these features as they push toward autonomous driving.

Persons: Tesla's Organizations: BMW, Neue, Tesla Locations: MUNICH

☆ Climate Change Demands We Clean Up Our Rivers for Swimming - The New York Times
▼ + stars: | 2023-07-10 | by ( Paul Hockenos | ) www.nytimes.com time to read: +1 min

MUNICH — The mesmerizing scene along the banks of Munich’s lime-green Isar River on a recent summer afternoon made me, an out-of-towner, quiver with envy. Clusters of students, off-duty office workers, families and nude sunbathers were sprawled out on blankets with bottled beer and light meals. The restoration was meant to benefit flood-prone neighborhoods, as well as the river’s flora and fauna. But today the river is also an easily accessible public space that offers essential relief from the heat. “I don’t have a balcony, I don’t have a garden, but I have the Isar,” said an apartment-dwelling friend who swims there regularly.

Persons: ” Locations: MUNICH, Munich

☆ Germany's housing market is ripe for a serious price correction, economists warn
▼ + stars: | 2022-12-05 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +6 min

"The housing market is softening significantly," he said, citing a strong decrease in demand for loans and a drop in housing construction. watch nowAnd while the language used may vary, many analysts are forecasting a dip in Germany's housing market. A Reuters poll of property market experts last month anticipated German house prices would fall by 3.5% next year. A 'vulnerable' market But not all financial institutions agree that Germany's property market is set for a large correction. The labor market is key Moves in the labor market will determine how the property market shifts, according to some analysts.

☆ Cities in Germany are limiting heating and turning off spotlights to save natural gas as Russia slashes fuel supply
▼ + stars: | 2022-07-29 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

German capital Berlin is turning off 1,400 spotlights highlighting historic monuments and buildings. Munich and Hanover are taking similar steps, including limiting heating ahead of winter. Germany is facing an energy crisis as major supplier Russia has cut natural-gas supply. Sign up for our newsletter to receive our top stories based on your reading preferences — delivered daily to your inbox. Germany, an industrial powerhouse and Europe's biggest economy, is reliant on piped natural gas from Russia, which accounts for 35% of the country's imports of the fuel.

☆ Chinese foreign minister attends Munich Security Conference amid coronavirus outbreak
▼ + stars: | 2020-02-14 | by ( Amanda Macias | ) www.cnbc.com time to read: +1 min

MUNICH — Chinese Foreign Minister Wang Yi will travel to Germany this weekend to discuss the outbreak of the deadly coronavirus, among other national security issues. Wang is slated to give a keynote speech at the annual Munich Security Conference, which begins Friday and runs through Sunday. Follow CNBC's live blog on the coronavirusSince the deadly outbreak, Wang is the first Chinese senior official to travel overseas. Wang's trip to Munich comes as German auto manufacturers brace for production and sale setbacks from the deadly coronavirus. His trip also comes on the heels of White House officials expressing doubts about the information coming out of China regarding the coronavirus.

☆ German president says Trump's 'America First' policy creates unstable world
▼ + stars: | 2020-02-14 | by ( Amanda Macias | ) www.cnbc.com time to read: +3 min

German President Frank-Walter Steinmeier addresses the opening speech of the 56th Munich Security Conference in Munich, southern Germany, on February 14, 2020. "Our closest ally, the United States of America, under the current administration, rejects the very concept of the international community," he said. In his opening remarks, German President Frank-Walter Steinmeier warned that the United States would put its own interests first at the expense of allies. MUNICH — Germany's president kicked off the annual Munich Security Conference on Friday by taking a swipe at President Donald Trump's "America First" foreign policy approach. Read more: Nuclear weapons and 5G among national security topics at Munich Security ConferenceSteinmeier also accused Russia and China of amplifying global insecurity in pursuit of "great power" competition.

☆ Pelosi warns US allies: 'Don't go near Huawei'
▼ + stars: | 2020-02-14 | by ( Amanda Macias | ) www.cnbc.com time to read: +4 min

Her comments come after the Justice Department brought new charges against Huawei , accusing it of racketeering and plotting to steal trade secrets from U.S. companies. Pelosi's hard stance against Huawei represents one of her few areas of agreement with President Donald Trump. The Trump administration is working to isolate Huawei from developing a larger foothold in U.S. partner countries. Last month, the Trump administration expressed disappointment after the U.K. announced it would allow Huawei to have limited access to some British 5G mobile networks. "The United States is disappointed by the U.K.'s decision," a senior Trump administration official wrote in a Jan. 28 emailed statement to CNBC.

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