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☆ US aircraft carrier arrives in South Korea as Russia-North Korea defense pact deepens regional fears
▼ + stars: | 2024-06-24 | by ( Brad Lendon | ) edition.cnn.com time to read: +5 min

Besides signing the defense deal with Kim Jong Un, Putin also linked security on the Korean Peninsula to Russia’s invasion of Ukraine, threatening to arm North Korea should South Korea provide military aid to Kyiv. The aircraft carrier’s presence in Busan is just the latest in a series of US military moves to show Washington’s “ironclad” commitment to its own treaty ally in South Korea. Earlier this month, US Air Force B-1B bombers participated in a live-fire exercise on the peninsula, the first time in seven years those long-range strike aircraft have dropped live munitions in South Korea. The visit of the USS Theodore Roosevelt to Busan marks the second time a Nimitz-class carrier has visited South Korea in seven months. Neither the US nor South Korea would give details or exact dates of the upcoming Freedom Edge exercise.

Persons: Theodore Roosevelt, Vladimir Putin, Kim Jong Un, Putin, Kim, ” Putin, Carl Vinson, Roosevelt, “, ”, Dwight D, Eisenhower, Ronald Reagan Organizations: Hong Kong CNN, United States Navy, DPRK, Democratic People’s, CNN, US Air Force, United Nations, South, Nimitz, Hornet, South Korean, Pentagon Locations: Hong Kong, South Korea, Washington, Seoul, Tokyo, North Korea, Russia, Busan, Japan, Russian, Pyongyang, Ukraine, Kyiv, Democratic People’s Republic of Korea, North, Korea, Moscow, Yemen, Iran, Pacific, Yokosuka

☆ Top Wall Street analysts recommend these stocks for the long haul
▼ + stars: | 2024-06-23 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Against that uncertain backdrop, Wall Street analysts are focused on identifying stocks with solid fundamentals and strong long-term growth prospects. In that climate, here are three stocks favored by the Street's top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Finally, Feinseth mentioned Microsoft's strong financial position, which supports enhanced shareholder returns and enables investments in the company's AI ambitions. The company's Zscaler Zero Trust Exchange platform securely connects users, devices and applications by protecting them from cyberattacks and data loss. Following the Zenith Live 2024 event, Baird analyst Shrenik Kothari reaffirmed a buy rating on Zscaler stock with a price target of $260.

Persons: Kevin Scott, TD Cowen, Helane Becker, Becker, TipRanks, OpenAI, Ivan Feinseth, Feinseth, Baird, Shrenik Kothari, Zscaler, Kothari Organizations: Microsoft, Technology, Artificial, Seattle Convention Center, Federal Reserve, Street, Delta Air, Delta Air Lines, DAL, Delta, Activision Blizzard, Zero, Zenith Locations: Seattle, Seattle , Washington, Toronto, Delta

☆ Putin and Kim Jong Un's wartime pact sees the two autocrats one step closer to creating a world 'safe for authoritarians,' expert says
▼ + stars: | 2024-06-21 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

Vladimir Putin and Kim Jong Un signed a partnership agreement on Wednesday. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. AdvertisementRussian President Vladimir Putin and North Korean leader Kim Jong Un signed a strategic partnership agreement this week, capitalizing on the two autocratic leaders' overlapping interests — chief among them the desire for a more authoritarian world.

Persons: Vladimir Putin, Kim Jong Un, —, Putin, Kim Organizations: Service, North, Business Locations: Russia, North, North Korea

☆ Supply chain hotspot Vietnam rolled out the red carpet for Putin, and the US is trying to act cool
▼ + stars: | 2024-06-21 | by ( Huileng Tan | ) www.businessinsider.com time to read: +5 min

Read previewWanted by the International Criminal Court, Russian President Vladimir Putin still traveled to Vietnam on a two-day visit, where he was warmly welcomed. Russia and Vietnam also have a long history going back to the Soviet era, so his visit is also not surprising. Related storiesWestern allies may rethink "Vietnam's reliability as a strategic partner in the region," Hoang wrote. AdvertisementThis sentimentalism can influence the pragmatism that marked Hanoi's foreign policy for the last two decades, wrote Hoang at the ISEAS–Yusof Ishak Institute. It's also a smart political move, as a segment of Vietnamese still holds "a deep fondness for Russia," wrote Hoang.

Persons: —, Vladimir Putin, Putin, Vietnam —, Hoang Thi, Yusof, Hoang, Janet Yellen, Yellen, Daniel Kritenbrink, Kritenbrink, It's Organizations: Service, International Criminal Court, Business, ICC, US, Russia, Institute, Regional, Political, State, East Asian, State Department, Soviet Union Locations: Russian, Vietnam, Russia, Soviet, Washington, Ukraine, Australia, Japan, Singapore, ISEAS, China, Hanoi, Moscow, Beijing, Atlanta

☆ CNBC Daily Open: Russia-North Korea defense pact
▼ + stars: | 2024-06-20 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Russia-North Korea partnershipRussia and North Korea signed a "comprehensive strategic partnership" deal on Wednesday, including a mutual defense pact, during President Vladimir Putin's first state visit to North Korea in 24 years. While the 2% inflation mark is significant, it was anticipated and mainly driven by lower energy prices. Musk clarifies remarksElon Musk attempted to clarify his controversial remarks after advertisers threatened to leave X. Musk previously told advertisers to "go f--- yourself."

Persons: Vladimir Putin's, Putin, Kim Jong Un, CNBC's Holly Ellyatt, Elon Musk, Musk, Eli Lilly Organizations: CNBC, Bank of England, Cannes Lions, CAC, Nasdaq Locations: Russia, North Korea, Ukraine, Cannes, France

☆ CNBC Daily Open: Le Pen's 28-year old protégé
▼ + stars: | 2024-06-20 | by ( Abid Ali | ) www.cnbc.com time to read: +3 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. China holds rates, stocks dipMarkets in the Asia-Pacific region were trading mostly lower after the People's Bank of China held interest rates unchanged. Russia-North Korea partnershipRussia and North Korea signed a "comprehensive strategic partnership" deal on Wednesday, including a mutual defense pact, during President Vladimir Putin's first state visit to North Korea in 24 years. Musk clarifies remarksElon Musk attempted to clarify his controversial remarks after advertisers threatened to leave X. Musk previously told advertisers to "go f--- yourself."

Persons: Hai Precision Industry —, Foxconn —, Australia's, Guzman Y Gomez, Vladimir Putin's, Putin, Kim Jong Un, CNBC's Holly Ellyatt, Elon Musk, Musk, Goldman Sachs Organizations: New York Stock Exchange, CNBC, People's Bank of China, CSI, Hai Precision Industry, Nikkei, of England, Cannes Lions Locations: New York City, China, Asia, Pacific, Seng, Taiwan, Russia, North Korea, Ukraine, Cannes, France, Europe

☆ North Korea says Kim and Putin’s defense pact permits all available means to assist each other if either nation attacked
▼ + stars: | 2024-06-20 | by ( Helen Regan | Gawon Bae | ) edition.cnn.com time to read: +2 min

CNN —North Korea and Russia have pledged to use all available means to provide immediate military assistance in the event the other is attacked, according to the text of a new landmark defense pact agreed by the two autocratic nations. Russian President Vladimir Putin and North Korean leader Kim Jong Un signed a new strategic partnership agreement Wednesday in Pyongyang during a rare state visit by the Russian leader who said the two allies have ramped up ties to a “new level.”North Korean state media reported on Thursday the full text of that pact, which also includes political, trade, investment, and security cooperation. According to the text, Article 4 states that should either country “get into a state of war due to an armed aggression” the other “shall immediately provide military and other assistance with all the means at its disposal.”The pact, which comes against the backdrop of Putin’s grinding war against Ukraine, is the most significant agreement signed by Russia and North Korea in decades and is seen as something of a revival of their Cold War-era mutual defense pledge. It also consolidates Kim’s powerful link with a world power that wields a veto on the UN Security CouncilThe newly released text will now raise several questions for Western observers, including whether Russia’s powerful nuclear deterrent now extends to North Korea, and vice versa, or whether the two nations will now hold joint military drills. Putin referenced the defense clause after the meeting with Kim Wednesday, saying it provides “for the provision of mutual assistance in the event of aggression against one of the parties to this agreement.”Kim, meanwhile, called the new “alliance” a “watershed moment in the development of the bilateral relations.”This is a developing story and will be updated.

Persons: Vladimir Putin, Kim Jong Un, Putin, Kim Wednesday, ” Kim Organizations: CNN, North, UN Security Locations: North Korea, Russia, Russian, Pyongyang, Ukraine

Chang emphasized the need to strengthen the extended deterrence power of the South Korea-US alliance and the South Korea-US-Japan security cooperation system to address North Korea’s nuclear weapons and missiles. Currently, South Korea’s policy is not to provide lethal weapons to Ukraine. Nikoletta Stoyanova/Getty ImagesReports from earlier in the war say South Korea may have provided 155mm artillery shells to the United States to replace 155mm rounds sent to Ukraine. “Public reports suggest South Korea has around 3.4 million 105mm artillery shells,” the CSIS report said. Earlier on Thursday, Japan’s Chief Cabinet Secretary Yoshimasa Hayashi also expressed strong concern about the agreement signed by Russia and North Korea.

Persons: Vladimir Putin, Kim Jong Un, “, ” Putin, Kim, Chang Ho, ”, ” Chang, Chang, Putin, Nikoletta Stoyanova, Yoshimasa Hayashi, Putin “, ” Hayashi Organizations: CNN, Democratic People’s, DPRK, UN Security Council, CNN South, National Security, Korean, 57th Motorized Brigade, Getty, Center for Strategic, International Studies, “, CSIS, UN, Japan’s Locations: Korea, Ukraine, Seoul, Russia, North Korea, DPRK, Democratic People’s Republic, Republic of Korea, South, South Korea, Japan, Vovchansk, Kharkiv Region, United States, Kyiv, Vietnam, Ukrainian

☆ Putin and Kim laugh as they enjoy a jaunt in Russian-made limousine
▼ + stars: | 2024-06-20 | by ( Sophie Tanno | ) edition.cnn.com time to read: +3 min

CNN —Russian President Vladimir Putin and North Korean leader Kim Jong Un were seen laughing as they took turns to drive each other around in a Russian-built limousine during Putin’s first visit to Pyongyang in 24 years. On Wednesday, Putin presented Kim with an Aurus car as the pair exchanged gifts, according to Russian state media – the second time the Kremlin leader has given his counterpart this car model. According to Putin’s aide Yuri Ushakov, the Russian leader also presented Kim with a tea set. The two autocrats appeared to enjoy each other’s company as they took a jaunt in the Aurus luxury car. Putin gave Kim an Aurus when the two leaders exchanged gifts, according to Russian state media – the second time Putin has given his counterpart this car model.

Persons: Vladimir Putin, Kim Jong, KCNA, Putin, Kim, Yuri Ushakov, Moon Jae, ” Putin, Pyongyang’s Organizations: CNN, North, Kremlin, South Korean Locations: Russian, Pyongyang, North Korean, Russia, North Korea, Ukraine, Seoul, Washington, Moscow, Hanoi

CNN —Thousands of North Koreans chanting “welcome Putin” lined Pyongyang’s wide boulevards waving Russian and North Korean flags and bouquets of flowers Wednesday as Russian President Vladimir Putin kicked off his first visit to North Korea in 24 years. Putin and Kim presented their delegations and stood together as the Russian national anthem played before the two leaders rode standing shoulder to shoulder in an open-top limousine as they smiled and waved to the crowds. The two autocrats are expected to ink a new strategic partnership agreement in a stark signal of their expanding relations. Kim beamed visibly as he greeted Putin at the airport in the early hours, video footage of the Russian leader’s arrival showed. The pair then rode together to the Kumsusan State Guest House where Putin is staying, according to North Korean state-run news agency KCNA.

Persons: “, Putin, Vladimir Putin, Kim Jong Un, Kim Il, Kim, ” KCNA, Pyongyang’s’s Organizations: CNN, West, Kumsusan, House Locations: North Korea, Russian, Pyongyang, Moscow, Ukraine, Korean, Russia, Seoul, Washington, South Korea

☆ Analysis: What Putin got from his North Korea visit
▼ + stars: | 2024-06-19 | by ( Clare Sebastian | ) edition.cnn.com time to read: +5 min

CNN —Vladmir Putin’s first visit to North Korea in nearly a quarter of a century has been intensely scrutinized around the world. If this is a collective defense pact, does Russia’s nuclear deterrent now extend to North Korea’s and vice versa? “But definitely I would say this clause is very alarming.”Russia's President Vladimir Putin was given a rapturous welcome in Pyongyang. “The West admits terrible concern around Putin’s visit to North Korea” read the headline in Moskovsky Komsomolets, a national daily newspaper Tuesday. Russia also needs weapons to keep up its strategy of exhausting and destroying Ukraine into surrender.

Persons: Vladmir, Putin, Kim Il, ”, “, ” Putin, Korea’s, Kim, Jo Bee, yun, Vladimir Putin, Vladimir Smirnov, North Korea ”, Vladimir Solovyov, Kim Jong Organizations: CNN, International Criminal Court, Kremlin, Korea Institute for Defense, UN, Kim Jong UN Locations: North Korea, Russia, Ukraine, Pyongyang, China, United States, North, Moscow, Komsomolets

☆ Kim Jong Un and Putin have upgraded their bromance, saying Russia and North Korea have reached a 'new high of alliance'
▼ + stars: | 2024-06-19 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Read previewRussian President Vladimir Putin made his first visit to North Korea in 24 years on Wednesday, with North Korean leader Kim Jong Un saying the two nations have upgraded their partnership to "a new high of alliance." AdvertisementState-run Russian news agency TASS reported that North Korea returned the favor by gifting Putin several pieces of art depicting his likeness. "North Korea is supporting Russia right now," he added, "but I think more significant is that now, at least in theory, Russia will have to support North Korea." AdvertisementRussia and North Korea have developed closer ties since the launch of Russia's full-scale invasion of Ukraine in February 2022. CNN noted that while Putin did not explicitly describe the new agreement as an alliance, he acknowledged that ties between North Korea and Russia have reached a "new level."

Persons: —, Vladimir Putin, Kim Jong Un, Kim, gifting Putin, Putin, Ramon Pacheco Pardo, Antony Blinken, Biden Organizations: Service, North, Yonhap News Agency, Business, Korean, TASS, KF, VUB, Brussels School, Governance, Vrije Universiteit Brussel, UN, Ukraine, NBC News, CNN Locations: North Korea, Korea, VUB Korea, Vrije, Russia, Moscow, Pyongyang, Ukraine

☆ Putin and Kim Jong Un's relationship is a marriage of convenience: Here's how it works
▼ + stars: | 2024-06-19 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

In this pool photograph distributed by the Russian state agency Sputnik, North Korea's leader Kim Jong Un (R) and Russian President Vladimir Putin meet in Pyongyang, early on June 19, 2024. What can North Korea get from Putin? In return, Russia is likely providing North Korea with food, fuel and military technology for its satellites and submarines, analysts say. Russian President Vladimir Putin is arriving to North Korea with a two-day visit. As such, North Korea offers Russia another source of military hardware.

Persons: Kim Jong Un, Vladimir Putin, Anthony Wallace, Vladimir Putin's, Kim Jong, Putin, KCNA, Kim, Putin's, —, Gavriil Grigorov, Rodger Baker, James Brady, Victor Cha, Pyongyang's, Putinon, Brady, Cha, Putin hasn't Organizations: Pyongyang Sunan International Airport, Afp, Getty, North, Sputnik, Applied, CNBC, North Koreans, Putin, . Workers, Center for Strategic, International Studies Locations: Pyongyang, Seoul, Korean, North Korea, Russia, North, Koreans, Russian, Ukrainian, Moscow, Ukraine, Korea, China, USSR

☆ Russia and North Korea have become 'partners in crime', says Wilson Center fellow
▼ + stars: | 2024-06-19 | 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 EmailRussia and North Korea have become 'partners in crime', says Wilson Center fellowLee Sung-Yoon of the Woodrow Wilson International Center for Scholars discusses the third summit between North Korea and Russia and their growing strategic partnership.

Persons: Lee Sung, Yoon Organizations: Russia, Wilson Center, Woodrow Wilson International Center, Scholars Locations: North Korea, Russia

☆ Putin arrives in Vietnam as Russia seeks support in face of Western isolation
▼ + stars: | 2024-06-19 | by ( Helen Regan | ) edition.cnn.com time to read: +7 min

Considered a pariah by the West, Putin is looking to boost economic ties with friendly countries and show that Western isolation is not having an impact. Vietnam was among several Southeast Asian countries that abstained from joining a global summit on Ukraine in Switzerland last week. Last week, Vietnam sent a delegation led by its Deputy Minister of Foreign Affairs to attend the BRICS Foreign Ministers’ Summit in Russia. Analysts say Russia is likely to get more out of the visit than Vietnam, and Hanoi may even suffer reputational damage by hosting Putin following his trip to North Korea. “If no substantive deals are made, the visit will mainly be symbolic and a means for Putin and Russia to show the world that Western sanctions against Russia are not working,” said Le.

Persons: Vladimir Putin, Kim Jong, Putin, Nguyen Phu Trong, Lam, Minh, Yury Ushakov, Xi Jinping, Joe Biden, ”, Le Hong Hiep, – Yusof, Le, ” Putin, Xi, –, John Kirby, Anwar Ibrahim Organizations: CNN, West, US, Reuters, Communist Party General, Vietnam’s, Vietnam News Agency, ” TASS, TASS, ”, Vietnam Studies, International Criminal Court, ICC, United Arab, Foreign Ministry, Foreign Affairs, ’ Summit, Analysts, Putin Locations: Hanoi, North Korea, Ukraine, Vietnam, Moscow, United States, China, Russia, Pyongyang, Russian, Soviet, India, US, South China, Switzerland, Beijing, Kazan, Iran, Saudi Arabia, United Arab Emirates, Ethiopia, Egypt, Malaysia, BRICS, “

☆ North Korea rolls out the red carpet for Putin as West fears nuclear implications
▼ + stars: | 2024-06-19 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

Russia's President Vladimir Putin is greeted by North Korea's leader Kim Jong Un during a welcoming ceremony at an airport in Pyongyang, North Korea June 19, 2024. Gavriil Grigorov | Via ReutersRussian President Vladimir Putin was met with a grand reception in Pyongyang, North Korea on Wednesday amid concerns from Western officials about the two nuclear-armed countries' growing relationship. North Korean state TV showed the two leaders warmly embracing on a red carpet outside Pyongyang International Airport after Putin landed around 2:45 a.m. local time, kicking off his first visit there in 24 years. During their initial meeting, the Russian and North Korean leaders shared their "pent-up inmost thoughts" and agreed to further develop their nations' relations, state media KCNA reported. "We are, of course, also concerned about the potential support that Russia provides to North Korea when it comes to supporting their missile and nuclear programs," said Stoltenberg.

Persons: Vladimir Putin, North, Kim Jong Un, Gavriil, Putin, Kim Jong Un's, Jens Stoltenberg, Stoltenberg, Antony Blinken Organizations: Reuters, Pyongyang International Airport, NATO, U.S Locations: Pyongyang, North Korea, Russia, North, Eurasia, Ukraine, China, Iran, Antony Blinken .

☆ Putin may need arms from North Korea’s Kim for Ukraine war, but what is he willing to give in return?
▼ + stars: | 2024-06-18 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +10 min

North Korea launched its first spy satellite, the Malligyong-1, in November. The arrangement may also enable North Korea to gain real-world intel on the functioning of its weaponry and help it ramp up exports more broadly. Such satellites can help North Korea improve its ground-based military capabilities, for example enabling it to more accurately target opponents’ forces with its own missiles. Both countries in recent years have blocked movement in the council related to North Korea as they grew skeptical of US-backed sanctions. He pointed to his experiences during the former US President Barack Obama administration working on nonproliferation efforts related to North Korea and Iran.

Persons: Vladimir Putin, Putin ramped, Kim Jong, Putin, ”, Edward Howell, Xi Jinping, Kim, ” Putin, “ Kim Jong, he’ll, Ankit, Sofiia Gatilova, Putin –, “ Putin, –, John Erath, Erath, Xi, it’s, Michael McFaul, Barack Obama, ” McFaul, … we’re Organizations: Hong Kong CNN, University of Oxford, KCNA, intel, South, United Nations, North, Carnegie Endowment, International Peace, Kremlin, UN Security Council, Center for Arms Control, Observers, UN, National Security, Center for Strategic, International Studies Locations: Hong Kong, North Korea, Ukraine, Russia, Pyongyang, Moscow, Eurasia, United Kingdom, United States, Italy, South Korea, Japan, Seoul, Washington, North Korean, Korea, Russian, Kharkiv, Kyiv, China, Iran

☆ Wells Fargo may have underestimated just how savvy millennial credit card holders can be
▼ + stars: | 2024-06-18 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +7 min

Read previewWells Fargo may have underestimated just how savvy young professionals could be with a credit card that rewards renters. A Bilt spokesperson told Business Insider that Wells Fargo does not make the numbers publicly available. In an email, a Wells Fargo spokesperson told Business Insider that co-branded credit cards are "one modest piece of the company's overall credit card business strategy, and the BILT credit card is one component of that." The Wells Fargo spokesperson said that "there has been no conversation among decision-makers to exit the BILT agreement. A Bilt spokesperson said the Journal's story is an "inaccurate representation of our strategic partnership with Wells Fargo."

Persons: —, Wells, Bilt, Dave Canty, Bilt's, Ankur Jain, Kevin, Amanda Smidt, they've, I've, Amanda, anesthetist, I'm, Wells Fargo, Amanda chimed, Jain Organizations: Service, Bilt Technologies, Business, Alaska Airlines, Virgin Atlantic, Hyatt, Wall Street, Financial Technology Partners, Miami, The Locations: Wells Fargo, San Francisco, Alaska, Wells, Miami, New York

☆ Putin arrives in North Korea for first visit in 24 years as anti-West alignment deepens
▼ + stars: | 2024-06-18 | by ( Simone Mccarthy | Anna Chernova | ) edition.cnn.com time to read: +9 min

Following his visit to North Korea, Putin is scheduled to travel to Hanoi in a display of Communist-governed Vietnam’s ties to Russia that is likely to rankle the United States. Putin’s trip to North Korea will have a “very eventful” agenda, his aide Yuri Ushakov said during a press conference Monday. One image was of a grandstand being constructed on the eastern side of Kim Il Sung Square, the site where all major parades in North Korea are held. Putin arrives in North Korea on Tuesday, June 18. But Russia’s apparent increasing reliance on North Korea and rising frictions with the West appear to have shifted that dynamic.

Persons: Vladimir Putin, Kim Jong Un, Putin, Kim, Yuri Ushakov, Ushakov, Kim Il, John Kirby, Biden, wasn’t “, ’ Kim, ” Kim, ”, Volodymyr Zelensky, Putin’s, Defense Lloyd Austin, “, ” Putin, Kim Jong Il, Xi Jinping, Michael Mitsanas, Katharina Krebs, Mariya Knight, Yoonjung Seo, Betsy Klein, Paul P, Murphy Organizations: CNN, TASS, Putin, Planet Labs, Maxar Technologies, US, North Korean, North, South Korea’s, Chiefs of Staff, West, Ukrainian, Kyiv, NATO, Ukraine, Defense, Kremlin, United Nations Security, UN Locations: North Korea, Pyongyang, Ukraine, Korean, Korea, Hanoi, Russia, United States, Asia, Moscow, North, Zarubinreporter, South Korea, South, Russia’s, Eurasia, Italy, Kyiv, Russian, Vietnam, Beijing, China, Iran, South Africa, Brazil

☆ Apple AI: Today’s the day for Apple to reveal its next big thing
▼ + stars: | 2024-06-10 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

Here’s a closer look at what to expect at Apple’s big event:AI, AI and more AIApple is expected to call its AI initiative “Apple Intelligence” and make it opt-in only. A strategic partnershipIn the spring, Apple was reportedly discussing partnership opportunities with both OpenAI and Google to power its AI tools. That partnership Apple could elaborate on during the opening keynote on Monday. Apple aligning itself with a company and a technology that have yet to win public trust could pose some risks for Apple down the line. Generative AI could potentially propel the headset into another level of personalization and immersion and usher in new use cases for businesses, particularly in the education and medical spaces.

Persons: OpenAI, ”, Tim Cook, Dan Ives, Here’s, –, Siri, ” Thomas Husson, Forrester, Reece Hayden, Apple, ” Hayden, Hayden Organizations: California CNN, Developers Conference, Nvidia, ” Apple, Apple, Apple Intelligence, Bloomberg, CNN, ABI Research, Google, Fortune, Apple Vision, Gartner Locations: Cupertino, California, China, Washington

☆ Apple prepares for its 2024 WWDC event
▼ + stars: | 2024-06-08 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +7 min

CNN —Apple is on the verge of kicking off perhaps its most important event in years as it faces a gauntlet of challenges. Apple is expected to team up with ChatGPT creator OpenAI Jaap Arriens/NurPhoto/Getty Images/FileA strategic partnershipIn the spring, Apple was reportedly discussing partnership opportunities with both OpenAI and Google to power its AI tools. But now the company is believed to have inked a deal with the ChatGPT creator, a partnership Apple could elaborate on during the opening keynote on Monday. Apple aligning itself with a company and a technology that have yet to win public trust could pose some risks for Apple down the line. Generative AI could potentially propel the headset into another level of personalization and immersion and usher in new use cases for businesses, particularly in the education and medical spaces.

Persons: OpenAI, ”, Tim Cook, Dan Ives, Here’s, Siri, Suzanne Plunkett, –, ” Thomas Husson, Forrester, Reece Hayden, OpenAI Jaap Arriens, Apple, ” Hayden, Hayden Organizations: CNN, Developers Conference, Nvidia, ” Apple, Apple, Apple Intelligence, Bloomberg, ABI Research, Google, Fortune, Apple Vision, Gartner Locations: China, Washington

☆ GM has a secret to help sell its new EVs. It's Costco
▼ + stars: | 2024-06-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +8 min

Costco Auto has facilitated more than 500,000 vehicle sales annually over the past five years on average, according to Jay Maxwell, Costco Auto Program general manager responsible for strategic partnerships. GM declined to disclose how many Costco customers have purchased GM vehicles through the program. EV interestA growing number of vehicle sales made through Costco Auto are of electric vehicles, Costco said. In addition to GM, Costco Auto has partnered with Volvo, including its Polestar EV startup brand, Audi and others over the years. The Costco Auto Program was initially part of wholesale competitor Price Club, which merged with Costco in 1993.

Persons: Kena, Motors, it's, Marissa West, Michael Wayland, Jay Maxwell, Maxwell, Mary Barra, That's, Cox, Scott Mlyn, Julie Craig, –, Melissa Repko Organizations: Costco, Corbis, Getty, DETROIT —, Costco Wholesale, Detroit automaker, Costco Auto Program, EVs, Chevrolet, Chevrolet Blazer, GM North America, CNBC, U.S, Costco Auto, Canada, Ford Motor, Volkswagen, Brands, Lithia Motors, AutoNation, GM, EV, Volvo, Audi, CNBC Costco Auto, Cadillac, Industry, Cox Automotive, Dealers, New York Auto Show, Price Club Locations: Teterboro , New Jersey, CNBC, U.S, Detroit, Canada

☆ Modi's narrow win won't have an impact on his economic agenda: USISPF president
▼ + stars: | 2024-06-05 | 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 EmailModi's narrow win won't have an impact on his economic agenda: USISPF presidentMukesh Aghi, president and CEO of the U.S.-India Strategic Partnership Forum, says "for the economy to grow, it has to keep on liberalizing, keep on reforming."

Persons: Mukesh Aghi Organizations: U.S ., India Strategic Partnership Locations: U.S, India

☆ Modi is on a mission to assert India's global power. His election setback won't deter him.
▼ + stars: | 2024-06-05 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Read previewIndia's Prime Minister Narendra Modi emerged from Tuesday's election with his air of invincibility damaged. AdvertisementA leader of the global southUnder Modi, India's growth has put it on the path to becoming the world's third-biggest economy by 2027 — and it has become an important and increasingly abrasive global power player. He has sought to balance this by forming ties with US adversary Russia and has clashed with Asia's chief power, China. Advertisement"This election result is unlikely to have much of an impact on India's international security actions," said Rossow. Alexandr Demyanchuk/AFP/Getty ImagesBut there will be serious challenges for Modi in seeking to cement India's new global status.

Persons: —, Narendra Modi, Modi, Richard Rossow, Joe Biden, Dan Kitwood, it'll, Rossow, Modi's, Vladimir Putin, Alexandr Demyanchuk, Vladimir Putin's, Washington, China's Xi Jinping, Putin, Ashley J Organizations: Service, BJP, Business, Modi, UN Security Council, Center for Strategic, International Studies, India, US, UK, Washington Post, Indian, Shanghai Cooperation Organisation, Carnegie Endowment, International Peace Locations: India, Russia, China, New Delhi, Australia, Japan, Canada, Russian, Samarkand, AFP, Vladimir Putin's Russia, Ukraine, Pakistan

Zelensky’s surprise attendance at the gathering is a stark illustration of Kyiv’s determination to keep the international community engaged in Ukraine’s defense – and its vision for peace – more than two years into Russia’s devastating invasion. A CNN team at the summit witnessed Zelensky and his delegation arriving. His attendance at the Shangri-la Dialogue in Singapore provides a rare opportunity for Zelensky to potentially meet with defense chiefs from across the Asia-Pacific, including China which has deepened its relations with Moscow since the war. US Defense Secretary Lloyd Austin and defense heads from US allies Australia, Japan, and South Korea, as well as China’s Defense Minster Dong Jun are expected to be in attendance for the three-day gathering. Announcing his arrival at the summit, Zelensky said in a statement on X that he would hold “a number of meetings,” in particular with Austin, Singapore’s president and prime minister, Timor-Leste’s president and Singaporean investors.

Persons: Volodymyr Zelenksy, Zelensky, Lloyd Austin, Dong Jun, ”, Austin, Rustem Umerov, “, Roman Pilipey, Zelenksy, Ukraine’s, Dong, Vyacheslav Madiyevskyy, –, It’s, Sergey Lavrov, Joe Biden, Biden, Donald Trump, CNN’s Ivan Watson, Xiaofei Xu, Alex Stambaugh, Natasha Bertrand, Sharon Braithwaite Organizations: Singapore CNN —, CNN, US, Austin, Ukrainian Defense, Getty, NATO, Russia, Northern, Firefighters, Reuters, Ministry, RIA Novosti, Russian, Key Locations: Singapore, Asia, Kharkiv, China, Moscow, Australia, Japan, South Korea, Timor, Ukraine, AFP, Switzerland, Sweden, Russia, Europe, North Korea, Beijing, Beijing’s, Russian, Reuters Beijing, Zelensky, Kyiv

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