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☆ She couldn’t stop thinking about the guy she met at the Athens Olympics. Then a message from him changed her life
▼ + stars: | 2024-07-26 | by ( Francesca Street | ) edition.cnn.com time to read: +26 min

So I thought, ‘Let me see if I can go to the Athens Olympics. An unexpected opportunityOmaira got to watch the final dress rehearsal of the opening ceremony of the Athens 2004 Olympic Games on August 13, 2004. And then Omaira was off to work at the shooting center, where the Games’ shooting events were held. But while Omaira was cultivating a pretty heady crush, Dimitris didn’t really have time to engage with his potential feelings. Omaira GillThis year marks 20 years since Omaira and Dimitris crossed paths at the Athens Olympics.

Persons: CNN — Omaira Gill, ” Omaira, ‘ I’m, ’, –, Omaira, ’ ”, … ’, “, ”, Omaira didn’t, “ I’d, David Gray MD, she’d, ’ Omaira Gill, Dimitris Athanasiou, Dimitris, ‘, they’re, ” Dimitris, ” Dimitris ’, hadn’t, Dimitris who’d, he’d, Dimtiris, Dimitris didn’t, Dimitris quizzed, “ Will, She’d, I’m, … ’ ”, couldn’t, didn’t, “ You’ve, Dimitris ’, that’s, we’d, Omaira Gill, Paulo Coelho, “ Omaira, ” Here's Dimitris, Omaira Gill Omaira, Hermes, Dimitiris, Hector, Orion, they’ll, “ Hermes, We’re, Dimitris – Organizations: CNN, Olympic, CNN Travel, Athens, “, ‘ Volunteers, Uni, Reuters, Olympics, Olympic Games, Paralympic, MSN, Omaira, ”, Athens Olympics, Stade de France, Disneyland Locations: Athens, Greece, Birmingham, United Kingdom, London, inbox, Omaira, Pakistan, India, Paris, Disneyland Paris, Europe

☆ Lockheed Martin's new compact hypersonic missile enables America's stealth fighters to engage targets at Mach 5 speeds
▼ + stars: | 2024-07-26 | by ( Alex Hollings | Sandboxx News | ) www.businessinsider.com time to read: +12 min

Hypersonic missiles are weapons that are capable of achieving sustained speeds in excess of Mach 5 while maneuvering. It is a true hypersonic weapon that operates and maneuvers in a high-altitude hypersonic regime," Paul Sudlow from Lockheed Martin Missiles and Fire Control previously told Sandboxx News. AdvertisementAdding the Mako missile to America's stealth fightersA render of an F-35 equipped with Mako missiles. Designed in a 'digital engineering ecosystem'A render shows the Mako hypersonic missile in flight. Leon Neal/Getty ImagesOne of the biggest challenges facing the laundry list of hypersonic weapons in active development for the US military is cost.

Persons: —, Lockheed Martin, Mako, Paul Sudlow, Sudlow, Nano Calvo, Northrop Grumman, Rick Loy, Lockheed Martin's, Lockheed, Lockheed Martin Lockheed Martin, Leon Neal Organizations: Service, Mako, Lockheed, US Air Force, US Navy, Business, Lockheed Martin Missiles, Control, Sandboxx, Air, Sandboxx News, EA, AIM, Air Force, Navy, Marine Corps, Getty, US Air, Northrop, Naval News, Visitors, Defense Department, Congressional Locations: Mako, Lockheed Martin Europe, London

☆ 'We have a very powerful, diversified business,' Euronext CEO says
▼ + stars: | 2024-07-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We have a very powerful, diversified business,' Euronext CEO saysStephane Boujnah, CEO of Euronext, discusses the exchange's second quarter performance and the outlook for listings in Europe.

Persons: Stephane Boujnah Locations: Europe

☆ A Test for Harris: How to Talk About the Green New Deal
▼ + stars: | 2024-07-26 | by ( Lisa Friedman | ) www.nytimes.com time to read: +1 min

But one past action stands out as something that could be both an asset to Ms. Harris as well as an albatross. As a senator in 2019, Ms. Harris cosponsored the Green New Deal, a nonbinding resolution that was centered around the idea that addressing climate change required significant changes in the economy. It called for converting the electric grid to 100 percent clean energy this decade, declared clean air, clean water and healthy food to be basic human rights. Ms. Harris joined them. “I am supporting the Green New Deal,” she said to thunderous applause.

Persons: Kamala Harris, Harris, Edward J, Markey, Alexandria Ocasio, Ms, “, ” Organizations: White, Green, Green New Deal, Democratic Locations: Europe, United States, Massachusetts, Cortez, New York, New Hampshire

☆ Gaza war weighs heavy on the minds of Palestinian Olympians: ‘I want to be an inspiration’
▼ + stars: | 2024-07-26 | by ( Zeena Saifi | ) edition.cnn.com time to read: +8 min

Valerie Tarazi, 24, is originally from Gaza and one of two Palestinian swimmers who will be competing in Paris. Almasri was the first woman to represent Palestine in the World Cross-Country Championships in Belgrade in 2024, according to the Palestine Olympic Committee. But as a refugee, he couldn’t represent Palestine or Syria. Ismail, the team’s best hope to become the first Palestinian to win an Olympic medal, told CNN he feels similarly. This year, there will be eight – the most in history, according to the Palestine Olympic Committee.

Persons: Omar Ismail, Ismail, “, ”, ” Ismail, won’t, Valerie Tarazi, she’s, Tarazi, …, Layla Almasri, ” “, I’d, Almasri, don’t, Faris Badawi, he’s, couldn’t, –, Boxer Wasim Abu Sal, Jorge Salhe, Mohammed Dwedar, Yazan Al Bawwab, we’re, it’s, Omar Organizations: Abu Dhabi CNN, West Bank, United Arab Emirates, CNN, United Nations, International Olympic Committee, National Olympic Committee of Palestine, Games, Olympic Games, Paris, Palestine Olympic, Yarmouk Refugee, Tokyo Games, Palestine Olympic Committee Locations: Abu Dhabi, Jenin, UAE, Jordanian, Uzbekistan, Jordan, Palestine, Palestinian, Gaza, Paris, United States, Belgrade, “, Yarmouk, Damascus, Syria, Europe, Germany, Ramallah, Santiago , Chile, Jericho, Saudi Arabia

☆ LMVH and other global luxury brands are hurting as Chinese shoppers rein in spending
▼ + stars: | 2024-07-26 | by ( Anna Cooban | ) edition.cnn.com time to read: +4 min

London CNN —The value of some of the world’s best-known luxury companies is plunging as Chinese consumers pull back on spending, with even the most exclusive brands feeling the pain. The rout seems to be accelerating, with those sales tumbling 14% in the second quarter, according to results published late Tuesday. “For now, the (luxury) market remains volatile as investors reassess the once-held belief that luxury brands are a safe-haven investment, shielded from broader economic downturns,” Jochen Stanzl, chief market analyst at CMC Markets, told CNN. “The Chinese market contracted slightly; the market situation in the premium and luxury segment in China remained weak,” the company said. China’s economy grew 4.7% year-on-year in the second quarter of the year, according to official data released last week, missing economists’ expectations and marking the weakest growth since the first quarter of 2023.

Persons: Bernard Arnault’s, Louis Vuitton, Christian Dior, ” Jochen Stanzl, Richemont, Cartier, ”, Gucci, Kering, Hermes, Birkin, Olesya Dmitracova Organizations: London CNN, Prada, CMC Markets, CNN, Europe’s, Reuters, Porsche, Benz, Bain & Company Locations: Asia, Japan, China, Paris, Hong Kong, China , Hong Kong, Macao, North America, Europe, United States

We've got you covered if you're looking for how to get tickets to Chappell Roan's 2024 tour. Chappell Roan 2024 tour scheduleIncluding 12 shows in North America, there are still 21 concert dates remaining in Chappell Roan's 2024 tour. How to buy tickets for Chappell Roan 2024 concert tourYou can purchase original tickets for Chappell Roan's 2024 tour on Ticketmaster or for her festival appearances through each festival's respective personal site. How much are Chappell Roan tickets? Vivid Seats offers comparable prices for resale tickets to Chappell Roan's 2024 tour dates.

Persons: Chappell Roan, Roan, We've, Chappell, Rogers, she'll, Chappell Roan's Organizations: Business, Princess, Austin City Limits, Midwest Princess, Chappell, Austin City Limits Music, Ticketmaster, Music, Arts Festival, Vivid Locations: Europe, North America, New York City, Columbia , Maryland, Franklin , Tennessee, Rogers , Arkansas, Bluffs , Iowa, Austin, London, Texas, Chicago, Montreal, Canada, St, Charles, San Francisco , CA, Berlin, Germany, Paris, France, Amsterdam, Netherlands, Manchester, England, Glasgow, Scotland, Dublin, Ireland, Forest Hills , New York, Columbia, Franklin, TN, San Francisco

☆ European drug regulator rejects Alzheimer's treatment Leqembi from Biogen, Eisai
▼ + stars: | 2024-07-26 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

European drug regulators on Friday rejected the Alzheimer's treatment Leqembi from Biogen and Eisai , creating another hurdle for the companies as they scramble to boost uptake of the therapy in the U.S. But it almost always follows the drug regulator's recommendations. The European Medicines Agency's human medicines committee recommended against granting marketing authorization for Leqembi. Leqembi and Kisunla are milestones in the treatment of Alzheimer's after three decades of failed efforts to develop medicines that can fight the fatal disease. In 2021, the European Medicines Agency rejected Aduhelm.

Persons: Eisai, Leqembi, Eli Lilly, Kisunla, Aduhelm Organizations: U.S, European Commission, U.S . Food, Drug Administration, Medicines, European Medicines Agency, Alzheimer's Locations: Biogen, U.S, Japan, South Korea, China, Israel, Europe, Alzheimer's Europe

☆ Most luxury companies are struggling in China — except one
▼ + stars: | 2024-07-26 | by ( Lian Kit Wee | ) www.businessinsider.com time to read: +3 min

Read previewAs Chinese buyers eschewed local stores and poured into Japan this year in search of luxury bargains, one high-end powerhouse was an outlier. AdvertisementThe company's success in China comes as many of Hermès' industry peers saw China and Asia revenue sales tank from softening consumer demand. But most of Hermès' sales this year in China and Japan were largely from local customers, said Dumas. "Not very many foreigners buy Hermès in Japan, and the Chinese tend to buy in China." The luxury company reported overall sales revenue for the first half of the year of 7.5 billion euros, an increase of 12% compared to the same period in 2023.

Persons: —, Hèrmes, Hérmes, Axel Dumas, Burberry, Hermès, Dumas, Hermes Organizations: Service, Business, Hermès, Bloomberg Locations: Japan, Asia, China, Paris, Pacific, Europe, France

☆ Will the Seine be ready for Olympic swimming? With dry weather and a little luck
▼ + stars: | 2024-07-26 | by ( David Aldridge | ) www.nytimes.com time to read: +12 min

Being a veteran world-class swimmer — and cyclist, and runner — Taylor Spivey has dealt with worse than Paris’ River Seine. (Bertrand Guay / AFP via Getty Images)Standards for water quality differ in Europe than in the United States. “And that can be associated, on one hand, with the clement weather, dry weather. A month ago, we, basically, we hadn’t had yet a single day where the water quality had been acceptable for the whole year. Right now, probably, today, I would go swim.”GO DEEPER Team USA has owned the Olympic swimming pool — is that about to change in Paris?

Persons: —, — Taylor Spivey, “ I’ve, Spivey, She’s, she’s, ”, “, It’s, there’s, Taylor Spivey, Bertrand Guay, Anne Hidalgo, Victoria, Hans Lucas, we’ve, Dan Angelescu, ” Angelescu, clement, ” Spivey, Angelescu, wouldn’t, hadn’t, Dan Goldfarb, Sina Organizations: Athletic, United, Super, USA Lifesaving International, U.S, Tokyo Olympic, Games, Olympic, Getty, Paris, Eau de Paris, Olympians, Boston, New, Canadian Broadcasting Corporation, USA Locations: Paris, United States, Los Angeles, Tokyo, Seine, American, swimmable, —, AFP, Europe, U.S, Austerlitz, Victoria Valdivia, Philadelphia, Chicago, New York City, ”

☆ Signify is still seeing headwinds in China and Europe, CEO says
▼ + stars: | 2024-07-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSignify is still seeing headwinds in China and Europe, CEO saysSignify's CEO Eric Rondolat says the market has been stabilising and the company is seeing "very strong price erosion" in some local markets in countries such as China and India.

Persons: headwinds, Eric Rondolat Locations: China, Europe, India

☆ Bill Ackman's IPO of Pershing Square closed-end fund is postponed, NYSE says
▼ + stars: | 2024-07-26 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Billionaire investor Bill Ackman is postponing the highly scrutinized listing of Pershing Square's U.S. closed-end fund, according to a notice on the New York Stock Exchange's website. The initial public offering of Pershing Square USA Ltd., with the ticker PSUS, has been delayed until a date to be announced, according to the website. Pershing Square declined to comment further. Most of its capital is in Pershing Square Holdings, a $15 billion closed-end fund that trades in Europe. The publicly traded closed-end fund is expected to invest in 12 to 24 large-cap, investment-grade, "durable growth" companies in North America.

Persons: Bill Ackman, Pershing, Ackman, — CNBC's Leslie Picker Organizations: Pershing Square's U.S, New York Stock, Pershing, USA, Pershing Square Holdings, New York Stock Exchange Locations: Europe, North America

☆ I went on a secret holiday for a month without telling my boss, using a mouse jiggler to avoid suspicion. I'd do it again.
▼ + stars: | 2024-07-25 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +8 min

I've also started "quiet vacationing," which is when your employer is under the impression you're working but you're secretly taking time off. Although I've considered leaving my job, I'm in a golden cage. Because I spend a lot of time doing nothing, I started quietly taking time off for travel without taking PTO over the past two years. Why are we having regulations about the hours that I'm online or where I'm working from? The world can't function if no one has a job, but your job doesn't need to be your entire life.

Persons: —, I'm, I've, I'd, it's, It's Organizations: Service, Business, San Locations: San Francisco, Europe, Italy

☆ Rats, roaches, and other creatures are winning against climate change, and it's bad news for humans
▼ + stars: | 2024-07-25 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +8 min

In the game of climate change, there are both winners and losers. AdvertisementMany of these climate change "winners" are hardy, fast-breeding scavengers that already live in some of the most degraded habitats on Earth: cities. When it comes to what they eat, they aren't picky, which means they probably don't have to worry about climate change eliminating their food source. If climate change is driving a "ratpocalypse," as some evidence suggests, that could have big consequences for human health. But as climate change raises temperatures and alters precipitation trends, their range is expanding and shifting to new geographic areas.

Persons: Giovanni Strona, Shutterstock, they've, We're, —, they're, They're Organizations: Service, Business, Commission's, Research Centre, Pest Control, South America, AP, CDC Locations: York, Africa, Asia, South America, South, Florida, Texas, Europe, Vermont

American law enforcement has arrested two top leaders of the powerful Sinaloa Cartel, one of the most dominant criminal groups in Mexico, the Justice Department said on Thursday. The two operatives, Ismael Zambada García and Joaquín Guzmán López, are among the most powerful drug traffickers in Mexico and command massive transnational cocaine and fentanyl businesses that move narcotics into the United States, Europe and elsewhere. Both men were in custody in El Paso, Texas. Mr. Zambada García, who is known as “El Mayo,” has been pursued by the U.S. government for years and has been charged in several federal indictments stretching back more than two decades. He has never been imprisoned, unlike his top ally, Joaquín Guzmán Loera, known as El Chapo, who was extradited to the United States, convicted in Brooklyn federal court in 2019 and sentenced to life in prison on drug conspiracy charges.

Persons: Ismael Zambada García, Guzmán, Zambada García, El, ”, Joaquín Guzmán, El Chapo Organizations: Sinaloa Cartel, Justice, U.S Locations: Sinaloa, Mexico, United States, Europe, El Paso , Texas, El Mayo, Brooklyn

☆ Want to cash in on emerging markets? Buy these ETFs, portfolio manager says
▼ + stars: | 2024-07-25 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

Interest in emerging markets has been growing and investors are now looking out for sectors and stocks best placed to benefit. "Emerging markets are too important to ignore," says Malcolm Dorson, a senior portfolio manager at the U.S.-headquartered Mirae Asset, which has around $600 billion in assets under management. "Emerging markets have a multi-decade story with significant opportunities. More than 4 billion people live across emerging markets, Dorson noted, adding that each country will have "significant domestic consumption stories [and] long-term opportunities." One of the simplest routes to investing in emerging markets is through exchange-traded funds.

Persons: Malcolm Dorson, Dorson, Javier, Milei Organizations: CNBC Pro, India Active, Global, India, Companies, Infosys, Reliance Industries, Tata Consultancy, U.S . Federal, Brazil Active, Brazil IMI, Argentina IMI, Fitch, IMI Locations: U.S, India, Brazil, Brazilian, FactSet, Argentina, American, Greece, Europe

☆ Wegovy rival to be part of a suite of weight loss drugs, Roche CEO says following positive trial results
▼ + stars: | 2024-07-25 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Roche said Thursday that its Wegovy rival weight loss drugs will be part of a suite of medicines aimed at combatting the effects of obesity. CEO Thomas Schinecker welcomed positive early stage trial results from the firm's two weight loss drug candidates as showing "best in disease potential." "We do believe we have two next generation GLP-1/GIPs that have a best in disease potential," he said of the obesity drugs. GLP-1s, or glucagon-like peptide 1 agonists, are a group of drugs used to treat diabetes and obesity. They form the basis of weight loss drugs such as Novo Nordisk's Wegovy and Eli Lilly's Zepbound.

Persons: Roche, Thomas Schinecker, Schinecker, CNBC's, Nordisk's Wegovy, Eli Lilly's Zepbound Organizations: Nordisk's

☆ Cold storage giant Lineage raises $4.4 billion in largest IPO of 2024
▼ + stars: | 2024-07-25 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Cold storage leader Lineage just had the biggest IPO of 2024. Once obscure, cold storage has grown in demand in recent years. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCold-storage leader Lineage just clinched the largest public offering of the year. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Bloomberg, Service, Business Locations: Michigan, North America, Europe

CNN —Germany’s busiest airport temporarily suspended flights on Thursday after climate activists glued themselves to the tarmac in a protest against the use of fossil fuels. Climate activist group Letzte Generation, or “Last Generation,” posted videos and photos on X that appeared to show its members on the tarmac. Gas and coal are threatening our existence,” Letzte Generation said on X.CNN has reached out to Frankfurt police for comment. On Wednesday, Letzte Generation members glued their hands to the tarmac at Germany’s Cologne-Bonn airport. Oil Kills said a further nine people blocked security gates at Helsinki airport in Finland, also causing disruption to passengers.

Persons: ”, Oil Kills Organizations: CNN, ”, Oil, Letzte, Germany’s Cologne, Norwegian Government Locations: Germany, Frankfurt, Europe, Bonn, Norway, Oslo, Norwegian, Spain, Barcelona, Helsinki, Finland

☆ Lineage begins trading in the market's largest IPO of 2024
▼ + stars: | 2024-07-25 | by ( Riley De León | ) www.cnbc.com time to read: +2 min

Lineage priced 57 million shares at $78 apiece on Wednesday, near the top of its initial $70 to $82 target range. "We started with one warehouse and we've done 116 acquisitions to turn Lineage into what it is today," co-founder and co-executive chairman Adam Forste said on CNBC's "Squawk Box" Thursday morning before shares started trading. In the last year alone, Lineage has acquired Grupo Fuentes, Burris Logistics, Kennedy Transportation and Harnes. Lineage has amassed over 480 facilities, totaling roughly 2.9 billion cubic feet of capacity across countries in North America, Europe, and the Asia-Pacific region. These locations create a global network of cold-storage facilities, reducing supply chain food waste and its environmental impact.

Persons: Adam Forste, Burris, we've, Forste, Kevin Marchetti, Morgan Stanley, Goldman Sachs, Morgan, Wells Fargo Organizations: CNBC Disruptor, Viking Holdings, Nasdaq, Grupo Fuentes, Burris Logistics, Kennedy Transportation, Bank of America, Lineage's Locations: North America, Europe, Asia, Pacific

Neumann noted the latest Europol data showed “the number of attacks and planned attacks has more than quadrupled” since 2022. The apparent uptick in the recruitment of young radicals to carry out acts of terror comes as European security officials express worries at a potential resurgence of organized – or “directed” - terror attacks. The group has built a remarkable presence in Turkey over the past three years, according to court documents and analysts. Swiss police in March arrested a 15-year-old Swiss boy and a 16-year-old Italian boy for ISIS support and plotting bomb attacks, according to a police statement. Yulia Morozova/ReutersThe extent of ISIS-K’s use of Turkey as a transit hub is acknowledged by officials in the Turkish indictment.

Persons: Peter Neumann, Neumann, ”, ” Neumann, “, Lise Jaulin, Dilara Senkaya, “ Rustam, Rustam, Yulia Morozova Organizations: CNN, ISIS, Paris Olympics, King’s College London, MIT, Swiss, Analysts, Soviet Union, Turkish, Italian Santa Maria Catholic Church, Foreign Operations, Hall, Foreign Locations: Europe, West, Paris, Islamic, Khorasan, Central Asia, Turkey, Saint, French, France, Haute, Savoie, Dusseldorf, Heidelberg, Montenegro, Austria, Afghanistan, Tajikistan, Moscow, Italian, Istanbul, Swedish, Pakistan, Tajik, Iran, Russia, Crocus, Syria, Iraq

☆ Europe stocks set to open lower amid global downturn; earning season ramps up
▼ + stars: | 2024-07-25 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

The Unilever headquarter building seen by the Nieuwe Maas river in Rotterdam. LONDON — European markets are heading for a lower open Thursday, with a flurry of corporate earnings and a selloff on Wall Street in focus. The U.K.'s FTSE 100 was last seen opening 19 points lower at 8,132 points, according to IG data, with Germany's DAX and France's CAC 40 down by 80 points and 45 points, respectively. The pan-European Stoxx 600 index closed 0.6% lower on Wednesday as second-quarter earnings season ramped up. Data will be released on German consumer confidence and euro zone and U.K. business activity, ahead of next week's euro zone gross domestic product second-quarter print.

Persons: Germany's DAX, carmakers Stellantis, Roche Organizations: Unilever, LONDON, CAC, MIB, Nestle, carmakers, Renault, Nasdaq, Deutsche Bank, Nikkei, U.S, Reuters, Bank of Locations: Rotterdam, Swiss, U.S, Asia, Pacific, Bank of Japan

☆ Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales
▼ + stars: | 2024-07-25 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +3 min

Shares in Gucci-owner Kering fell on Thursday, after the luxury group announced a sharp decline in revenue in the first half of the year and issued a weak forecast for the remaining six months of the year. Kering shares dropped as much as 9% as markets opened, trading around levels last seen in August 2017. "There was a marked deceleration in China, while trends did not improve greatly in North America and Europe," Kering added. Gucci posted the worst first-half performance of these brands, with revenue shedding 18% on a comparable basis. Kering is the latest in a series of luxury brands to log declines, with the world's largest luxury group LVMH reporting lower-than-expected sales earlier this week.

Persons: Gucci, Kering, Yves Saint Laurent, Bottega, Luca Solca, Bernstein, CNBC's, it's, Solca Organizations: Gucci, Wednesday, Japan Locations: New York City, London, Japan, China, North America, Europe

☆ Another Israeli war could put a strain on the West's artillery production, with Ukraine paying a price
▼ + stars: | 2024-07-24 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +6 min

Significant pressure on productionThe US and Europe have ramped up artillery production rates to try to outgun Russia and meet Ukraine's battlefield needs. However, he noted that Israel would fight a "very" different type of war with Hezbollah than Ukraine is fighting with Russia. Ukraine could pay a priceCancian doesn't believe that Ukraine would run out of artillery projectiles. Levantovscaia said diverting artillery to Israel could potentially cost Ukraine the war, but said she wasn't "100% sold," and that Ukraine's innovation and determination could counterbalance that. Even so, Temnycky said that any new limits on arms and ammunition would "certainly" make the objective of winning the war in Ukraine harder.

Persons: —, Daniel Hagari, Raphael Cohen, Kathryn Levantovscaia, Jeff Jurgensen, Levantovscaia, Mark Temnycky, RAND's Cohen, Israel, Mark Cancian, Cohen, Temnycky Organizations: Service, Hezbollah, Israel Defense Forces, Business, Israel's Air Force, Russia, RAND Project Air Force, Forward Defense, Strategy, Defense Ministry, Pentagon, CNN, Council's Eurasia, Hamas, Marine, Center for Strategic, International Studies, RAND, Israel, Ukraine Locations: Israel, Iran, Lebanon, Gaza, Ukraine, Europe, Russia, United States

☆ Elon Musk says he expects China to approve Full Self-Driving by the end of the year
▼ + stars: | 2024-07-24 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

Tesla China sales fell by 5.4% in the first half of the year, although the company retained third place in new energy vehicle sales, behind BYD and Geely, according to the China Passenger Car Association. BEIJING — Tesla CEO Elon Musk has again touted the impending rollout of advanced driver-assist software in China, after reporting another quarter of disappointing earnings. "Pretty soon, we will ask for regulatory approval of the Tesla-supervised FSD in Europe, China and other countries. China accounts for about 22% of Tesla's sales. Musk in April had said rollout to China "may be possible very soon," according to his response to a question on X.

Persons: Elon Musk, Musk Organizations: China Passenger Car Association, BEIJING —, Tesla, Beijing Locations: China, Europe, United States, Canada

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