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☆ Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
▼ + stars: | 2024-09-11 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

CNBCWarren Buffett's Berkshire Hathaway offloaded another chunk of Bank of America shares, bringing its total sales to more than $7 billion since mid-July and reducing its stake to 11%. The latest action extended Berkshire's selling streak to 12 consecutive sessions, matching the 12 consecutive sessions from July 17 to Aug. 1. Berkshire has sold more than 174.7 million shares of the Charlotte-based bank for $7.2 billion, with 858.2 million shares remaining, or 11.1% of shares outstanding. BofA CEO Brian Moynihan made a rare comment about Berkshire's sales Tuesday, saying he has no knowledge of Buffett's motivation for selling. Stock Chart Icon Stock chart icon Bank of America

Persons: Warren Buffett, Berkshire Hathaway, BofA, Moynihan, Buffett Buffett, Brian Moynihan Organizations: Berkshire, CNBC Warren, of America, Apple, American Express, Oracle, Barclays Global Financial Services, Bank of America Locations: Omaha , Nebraska, Omaha, Berkshire, Charlotte, BofA

☆ Japan’s top general lauds closer South Korea military ties as mutual concerns grow over China, North Korea
▼ + stars: | 2024-07-18 | by ( Oren Liebermann | Brad Lendon | ) edition.cnn.com time to read: +5 min

Tokyo CNN —America’s two most powerful allies in the Pacific are taking their defense ties to new heights amid increasing concerns over China’s assertiveness in the region and North Korean threats, Japan’s top general said Thursday. Yoshida called on Japan, South Korea and the United States to “demonstrate our strong unity domestically and globally to ensure regional peace and stability.”But bilateral cooperation between Japan and South Korea is the most noteworthy result of this week’s meeting in Tokyo. Kim said he and Yoshida “share a lot of the same thoughts,” an acknowledgment of the mutual perspective on the regional threat posed by China and North Korea. Last month, Japan and South Korea joined the US in the inaugural Freedom Edge in the Pacific, a military exercise that focused on ballistic missile and air defense, anti-submarine warfare and more. “Domestic politics remain complicated in Seoul and Tokyo, but policymakers and military professionals want to lock in coordinated responses to North Korea, Russia, and China before any major political changes occur in Washington,” Easley said.

Persons: Tokyo CNN —, China’s, CQ, Kim Myung, Yoshihide Yoshida, ”, Yoshida, South Korea’s Kim, Kim, Yoshida “, James Brown, Yoon Suk Yeol, Moon Jae, Brown, they’ve, Japan ”, Joe Biden’s, Biden, Joe Biden, Fumio Kishida, Camp David, Andrew Harnik, Lloyd Austin, “, ” Leif, Eric Easley, ” Easley Organizations: Tokyo CNN, Joint Chiefs, CQ Brown, South, East, ”, Temple University, Tokyo ., Japan's, Camp, US, Korean, Japanese Defense Ministry, NATO, CNN, Ewha Womans University Locations: China, East China, South China, North Korea, ”, Russia, Japan, South Korea, United States, Tokyo, South, Seoul, Pacific, Camp, Singapore, Washington, Europe

☆ Robert Downey Jr.'s 'showboating' performances in 'The Sympathizer' are polarizing critics. Here's what reviews are saying about HBO's new series.
▼ + stars: | 2024-04-12 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +7 min

The series follows an agent referred to only as the Captain (Hoa Xuande), who's half-Vietnamese and half-French. Aligned with North Vietnam, he's embedded within the South Vietnam army. Critics have generally praised the series, particularly Xuande's performance and Park's direction (in addition to showrunning duties, he directs the first three episodes). Here's a breakdown of where some reviewers stand ahead of the series premiere on HBO Sunday evening. AdvertisementVariety's Alison Herman says that splitting Downey into parts both "deploys and diffuses" the impact of his celebrity on the series.

Persons: Viet Thanh Nguyen's Pulitzer, Hoa, Critics, —, Viet Thanh Nguyen, Chan, Don McKellar, he's, Robert Downey Jr, Xuande, Hopper Stone, Alan Sepinwall, IndieWire's Ben Travers, Tran Bui, Beth Dubber, weren't, Robert Downey's, Laura Sirikul, Sirikul, Variety's Alison Herman, Herman, Christopher Nolan's, Oppenheimer, Nick Schager, Downey, Sandra Oh, Park Chan, Nguyen's, Judy Berman, Rory Doherty, lauds, Doherty, Inverse's, Fred Nguyen Khan, Duy Nguyen, Sepinwall, IndieWire's Travers, Richard Lawson, Schager, Thanh, Fair's Lawson, Marina Fang Organizations: HBO, Viet Thanh, Service, Downey, Stone, Daily Locations: Viet, North Vietnam, Vietnam, United States, Korean

☆ Netanyahu says he’s trying everything to get more aid to Gaza. Aid groups say that’s not true
▼ + stars: | 2024-03-18 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +9 min

In his interview with CNN, Netanyahu made several claims about his country’s aid policy in Gaza. The Israeli leader’s claim contradicts statements he made previously, in which he boasted about permitting “minimal humanitarian aid” to enter Gaza. “We provide minimal humanitarian aid,” Netanyahu said at a press conference in January. The first 15 days of March saw an average of 165 aid trucks per day cross into Gaza, UNRWA reported Sunday. The UN and other aid groups have reported some of their aid trucks had been looted, but haven’t ascribed any blame for it.

Persons: Benjamin Netanyahu, CNN’s Dana Bash, Netanyahu, Israel, ” Netanyahu, ”, Yoav Gallant, “, “ I’ve, Janti Soeripto, – we’ve, Martin Griffiths, Long, haven’t, Sameh Shoukry, Netanyahu lauds, Philippe Lazzarini, Israel hasn’t Organizations: CNN, Israeli, United Nations, European Union, Children, ” Trucks, UN, Food Programme, Palestine, UNRWA, Amnesty International, Aid, Palestinian, CNN Sunday, Israeli Defense Force Locations: Gaza, United States, Territories, Rafah, Israel, Egypt, Arish, airdrops

☆ Hungary’s Prime Minister Viktor Orban lauds new phase with Sweden ahead of vote on its NATO bid
▼ + stars: | 2024-02-23 | by ( Jennifer Hauser | Tara John | ) edition.cnn.com time to read: +2 min

CNN —Hungarian Prime Minister Viktor Orban said his country had opened a new phase with Sweden during a joint press conference with Swedish counterpart Ulf Kristersson on Friday as Budapest prepares to ratify Stockholm’s long-delayed NATO bid. Orban, who said last week that the Hungarian Parliament would vote on ratification on Monday, met with Kristersson on Friday and announced at the press conference that Hungary had bought four fighter jets from Sweden. “Being members together in NATO we [will be] able to reconstruct the full trust towards each other,” Orban added later. Sweden and Finland applied for NATO membership in 2022 and Finland joined NATO in April 2023 – doubling the alliance’s border with Russia. But Sweden’s bid was mired in challenges.

Persons: Viktor Orban, Ulf Kristersson, Orban, Kristersson, “, ” Orban, Recep Tayyip Erdogan, Vladimir Putin, Katalin Organizations: CNN, Swedish, Budapest, NATO, Russia, Gripen, Kurdistan Workers ’ Party, European Union Locations: Hungarian, Sweden, Hungary, Ukraine, Finland, Russia, Turkey

☆ Former Trump White House economic advisor lauds the US economy's performance under Biden: 'I was wrong'
▼ + stars: | 2024-02-03 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +1 min

Trump's former White House economic advisor said that his predictions of a recession under Biden had been wrong. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer President Donald Trump's White House economic advisor said the US economy was faring far better under President Joe Biden than he expected. Larry Kudlow said on Thursday that he had been wrong to predict an economic recession under the Democratic president. This story is available exclusively to Business Insider subscribers.

Persons: Biden, Larry Kudlow, Kudlow, —, Donald Trump's, Joe Biden Organizations: White, Service, Democratic, Fox Business, Business

TOKYO (AP) — Japan signed a deal with the United States on Thursday to purchase up to 400 Tomahawk cruise missiles as part of its ongoing military buildup in response to increased regional threats. In November, the U.S. approved a $2.35 billion sale of two types of Tomahawks — 200 Block IV missiles and 200 upgraded Block V versions. Political Cartoons View All 253 ImagesJapan and the United States agreed to expedite the deployment “in response to the increasingly severe security environment,” Kihara said. The government quickly approved a shipment of Japanese-made Patriot missiles to the United States to complement the U.S. inventory. “There is a new Japan emerging, a more competent Japan,” he said.

Persons: Fumio, spender, Minoru Kihara, Japan Rahm Emanuel, ” Kihara, Emanuel, Japan's, ” Organizations: TOKYO, —, China . Defense, U.S, Kihara, United, Japan’s, “ Locations: — Japan, United States, Japan, China, North Korea, Australia, Britain, Tokyo, South Korea, U.S

☆ Salesforce CEO lauds data cloud business, says new customers drove the quarter's success
▼ + stars: | 2023-11-29 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Salesforce CEO Marc Benioff told CNBC's Jim Cramer what contributed to his company's better-than-expected Wednesday earnings report, highlighting his cloud data business and artificial intelligence product Einstein GPT. Benioff said Salesforce added a thousand new Data Cloud customers over the quarter and called that business "the cherry at the top of the cake." The company's Data Cloud revenue was up 22% from the previous year. For your enterprise, you have to get your data together, and that's why Salesforce Data Cloud is so important, and it's why we did those thousand Data Cloud deals in the quarter." The company's revenue increased 11% from the previous year, jumping from $7.84 billion to $8.72 billion.

Persons: Marc Benioff, CNBC's Jim Cramer, Einstein, Benioff, Salesforce, threating Organizations: LSEG

☆ Opinion | How to Kill a Palestinian State
▼ + stars: | 2023-11-28 | by ( Bret Stephens | ) www.nytimes.com time to read: +2 min

On Oct. 7, the axis of resistance became the face of the Palestinian movement. On Oct. 8, demonstrators around the world chose to embrace that axis. When Rashida Tlaib, the Michigan congresswoman, posted that “75 years later, the Nakba continues to this day” and declined to accept Israel as a Jewish state, she was embracing it. When Judith Butler, the Berkeley professor, told an interviewer that “the roots of the problem are in a state formation that depended on expulsions and land theft to establish its own ‘legitimacy’” and supported a binational state, she was embracing it. “A left that lauds intersectionality hasn’t noticed that Hamas’s axis of support consists of Iran, famous most recently for killing hundreds of protesters demanding women’s freedom.”

Persons: ”, Assad, Mohamed Khairullah, Rashida Tlaib, Judith Butler, ’ ”, ” Susie Linfield, “, hasn’t Organizations: Islamic Revolutionary Guard Corps, Israel, Los Locations: Syria, Prospect Park, N.J, Michigan, Berkeley, Los Angeles, ”, N.Y.U, Iran

☆ Williamson lauds incredible India after semi-final loss
▼ + stars: | 2023-11-15 | by ( Sudipto Ganguly | ) www.reuters.com time to read: +2 min

MUMBAI, Nov 15 (Reuters) - New Zealand captain Kane Williamson on Wednesday heaped praise on India after losing the World Cup semi-final at the Wankhede Stadium, saying the unbeaten hosts were simply the best side around and were playing outstanding cricket. Williamson was proud of his team's fight during the chase but had no qualms in giving credit to India, who have won all their 10 matches in the tournament. "India are playing seriously good cricket, they're a class side at the top of their game and to come out in a semi-final and continue and repeat what they've been doing throughout this competition shows where they're at as a team," Williamson told reporters. "They're the best team in the world and they're all playing their best cricket, so that's tough. Williamson was effusive in his praise for Mitchell, who also scored 130 in New Zealand's round-robin stage match against India at Dharamsala last month.

Persons: Kane Williamson, Daryl Mitchell, Mohammed Shami, Williamson, they've, Mitchell, he's, Sudipto Ganguly, Toby Davis Organizations: New Zealand, India, England, Thomson Locations: MUMBAI, New, India, Dharamsala

Wednesday's batch of analyst research included bullish calls on a credit card giant and a sports betting name. The firm downgraded the pharmaceutical stock to neutral from overweight and lowered its price target to $55 per share from $68. The bank downgraded the Canadian Solar to underweight from neutral in a Wednesday note and lowered its price target to $22 per share from $32. The analyst noted that the guidance given confirms his bull case for the stock, which consists of a $70 price target. The bank initiated coverage of the credit card giant with an overweight rating and a $184 per share price target — which implies more than 17% upside from Tuesday's close.

Persons: Morgan Stanley, Guggenheim, John DiFucci, there's, Brian Evans, Cantor Fitzgerald downgrades, Myers Squibb Cantor Fitzgerald, We've, Olivia Brayer, Myers Squibb, — Brian Evans, Julien Dumoulin, Smith, Wells, Omar Mejias, Mark Strouse, DraftKings, Stephen Grambling, Grambling, Fred Imbert, millennials, Z, Gen, Terry Ma Organizations: CNBC, Barclays, American Express, Guggenheim, FactSet, Myers Squibb, Bank of America, Wells Fargo, Warner Music Group, accel, JPMorgan, American Locations: Bristol, Generac, Europe, CSIQ

[1/4] Russian President Vladimir Putin meets Defence Minister Sergei Shoigu and vice chairman of China's Central Military Commission General Zhang Youxia at the Novo-Ogaryovo state residence outside Moscow, Russia November 8, 2023. Sputnik/Sergei Bobylev/Pool via REUTERS Acquire Licensing RightsSummary Putin praises China cooperationMeets close ally of Xi in MoscowSays cooperation is to ensure strategic securityZhang says China respects PutinMOSCOW, Nov 8 (Reuters) - President Vladimir Putin on Wednesday lauded what he described as important "high-tech" Russian military cooperation with China at a meeting in Moscow with a top Chinese general who is a close ally of President Xi Jinping. Putin, who heads the world's biggest nuclear power, said military cooperation between Moscow and Beijing was increasing and focused on high-tech areas that would ensure strategic security. "Of course, our cooperation, our contacts in the military and military-technical sphere are also becoming increasingly important, as for military-technical cooperation, here, of course, our work in high-tech spheres comes first," Putin said. Zhang said that his delegation had come in order to implement important agreements and further strengthen bilateral military cooperation.

Persons: Vladimir Putin, Sergei Shoigu, Zhang Youxia, Sergei Bobylev, Xi, Zhang, Putin, Xi Jinping, Joe Biden, Andrew Osborn Organizations: Defence, China's, Military, Sputnik, REUTERS Acquire, Wednesday, Military Commission, Russian Defence, U.S, U.S . Congress, Russian Federation, Reuters, Thomson Locations: Moscow, Russia, China, Putin MOSCOW, Beijing, Ukraine, Europe, United States, People's Republic of China, Washington, Asia, U.S, Australia, Britain

☆ Jim Cramer lauds Apple's 'lifetime customer,' says analysts are too negative on the company
▼ + stars: | 2023-11-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Friday avowed his longstanding position on Apple , telling investors the stock will hold its value because of the company's steadfast customer base. "They look at how Apple seems static with just incremental growth," Cramer said of analysts. Investors also worried about Apple's sales in China, which were essentially flat year-over-year, as well as a decline in sales of Macs and iPads. Cramer said he's more focused on Apple's growth in other large international markets such as India, Brazil, Saudi Arabia and Vietnam. Cramer also said he thinks Apple's strong service revenue makes up for its weakness in hardware.

Persons: CNBC's Jim Cramer, Cramer, he's, they'll Organizations: Apple Locations: China, India, Brazil, Saudi Arabia, Vietnam

☆ Block shares soar as Street lauds strong 2024 forecast, buyback plans
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +2 min

Block Inc logo is seen displayed in this illustration taken, April 10, 2023. If premarket gains hold, the company could add nearly $5 billion to its market value, based on the stock's last trading price of $51.85, according to Reuters calculations. It took some analysts by surprise as it alluded to an increased focus on keeping expenses under control. The company would create an "absolute cap on the number of people we have...held firm at 12,000 people" until gains in the business outpaced headcount growth, CEO Jack Dorsey said. Block's initial plan to repurchase $1 billion worth of shares also raised investor spirits, as Dorsey said the buybacks would offset some dilution from share-based compensation to employees.

Persons: Dado Ruvic, Block, Jack Dorsey, tsin Huang, Dorsey, Niket, Shinjini Organizations: REUTERS, PayPal Holdings, Thomson Locations: Bengaluru

[1/5] Chinese President Xi Jinping greets Russian President Vladimir Putin as they attend the opening ceremony of the Belt and Road Forum (BRF), to mark the 10th anniversary of the Belt and Road Initiative at the Great Hall of the People in Beijing, October 18, 2023. REUTERS/Edgar Su Acquire Licensing RightsBEIJING, Oct 18 (Reuters) - Chinese President Xi Jinping warned against decoupling from China as he opened the Belt and Road Initiative (BRI) forum in Beijing on Wednesday, criticizing Western efforts to reduce dependence on the Chinese economy. The trade disruptions of the pandemic years have also added urgency to the desire to limit their dependence on China. WESTERN SCEPTICISMWestern scepticism of Xi's grand plans stems from suspicions over the way it would extend China's global influence, analysts say. Xi is making the Belt and Road smaller and greener, moving away from big-ticket projects like dams to high-tech ones such as digital finance and e-commerce platforms.

Persons: Xi Jinping, Vladimir Putin, Edgar Su, Xi, Putin, BRI, Viktor Orban, Haji Nooruddin Azizi, Azizi, Xi's, Antoni Slodkowski, Simon Cameron, Moore Organizations: Initiative, of, People, REUTERS, Rights, EU, Washington, Thomson Locations: Beijing, Rights BEIJING, China, Asia, Africa, Europe, Tiananmen, Taiwan, Western Europe, Afghanistan, Northern

[1/5] Chinese President Xi Jinping greets Russian President Vladimir Putin as they attend the opening ceremony of the Belt and Road Forum (BRF), to mark the 10th anniversary of the Belt and Road Initiative at the Great Hall of the People in Beijing, October 18, 2023. Putin and other foreign leaders sat with key Chinese officials from the 25-member Politburo on the front row, as Xi delivered his opening speech. The forum centres on the Belt and Road Initiative (BRI), a grand plan launched by Xi in 2013, that envisioned building global infrastructure and energy networks connecting Asia with Africa and Europe through overland and maritime routes. Western scepticism of Xi's grand plans stems from suspicions over the way it would extend China's global influence, analysts say. Xi is pushing to make the Belt and Road smaller and greener, moving away from big-ticket projects like dams to high-tech ones such as digital finance and e-commerce platforms.

Persons: Xi Jinping, Vladimir Putin, Edgar Su, Xi, Putin, BRI, Viktor Orban, Haji Nooruddin Azizi, Antoni Slodkowski, Simon Cameron, Moore Organizations: Initiative, of, People, REUTERS, Rights, Forum, EU, Washington, Thomson Locations: Beijing, Rights BEIJING, Tiananmen, Asia, Africa, Europe, China, Western Europe, United States, Ukraine

☆ 3D-weaving tech that uses body-scan data from shoppers could mean a better fit, fewer returns, and a zero-waste future for fashion
▼ + stars: | 2023-10-12 | by ( Jake Hall | ) www.businessinsider.com time to read: +10 min

But 3D manufacturing, including printing and weaving, is helping create a zero-waste future. AdvertisementAdvertisementIn the late 1990s, the designer Issey Miyake unleashed his game-changing A-POC project, an early attempt at zero-waste fashion. Existing innovations are being fine-tuned daily, and creators are dreaming up ways to turn zero-waste fashion from a utopian dream into a reality. Despite these restrictions, Pasricha's designs were proof that zero-waste 3D printing was possible, especially with small designs such as buttons and jewelry. AdvertisementAdvertisementThe tech isn't there yet to ensure a zero-waste fashion industry, for various reasons.

Persons: —, Issey Miyake, Kevin Martin, Ashley Batz, Unspun, Martin, you'll, Catherine University's, Pasricha, Iris van Herpen, Martin lauds, Vega Organizations: Service, Oakland microfactory, Rhino Locations: California, Lam, — St

SummaryCompanies Women's rights campaigner serving 12 years' jailPrize likely to anger Iranian governmentNorwegian Nobel committee lauds Iranian protestersIranian news agency notes 'prize from westerners'OSLO, Oct 6 (Reuters) - Iran's imprisoned women's rights advocate Narges Mohammadi won the Nobel Peace Prize on Friday in a rebuke to Tehran's theocratic leaders and boost for anti-government protesters. "We want to give the prize to encourage Narges Mohammadi and the hundreds of thousands of people who have been crying for exactly 'Woman, Life, Freedom' in Iran," she added, referring to the protest movement's main slogan. She is the deputy head of the Defenders of Human Rights Center, a non-governmental organisation led by Shirin Ebadi, the 2003 Nobel Peace Prize laureate. [1/5]Iranian human rights activist and the vice president of the Defenders of Human Rights Center (DHRC) Narges Mohammadi poses in this undated handout picture. Among a stream of tributes from major global bodies, the U.N. human rights office said the Nobel award highlighted the bravery of Iranian women.

Persons: Narges Mohammadi, Berit Reiss, Andersen, Narges, Fars, Mohammadi, Shirin Ebadi, Maria Ressa, Russia's Dmitry Muratov, embolden Narges, Taghi Rahmani, Alfred Nobel, Martin Luther King, Nelson Mandela, Mohammadi's, Mahsa, We've, Elizabeth Throssell, They've, Hamidreza Mohammed, Dan Smith, Gwladys Fouche, Nerijus Adomaitis, Terje Solsvik, Tom Little, John Davison, Anthony Paone, Charlotte Van Campenhout, Gabrielle Tetrault, Farber, Cecile Mantovani, Andrew Cawthorne, William Maclean Organizations: Norwegian Nobel, Reuters, Defenders, of Human Rights, Philippines, REUTERS, New York Times, NRK, Stockholm International Peace Research Institute, Thomson Locations: Norwegian, OSLO, Iran, Tehran, Evin, Paris, Oslo, Iranian, Stockholm, Parisa, Dubai, Baghdad, Brussels, Geneva

☆ Jim Cramer lauds his 'Magnificent Seven' tech mega caps as bonds rise
▼ + stars: | 2023-10-02 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Cramer has referred to this block of Nasdaq Composite stocks as his Magnificent Seven, and they include Apple, Amazon, Meta, Alphabet, Nvidia, Tesla and Microsoft. "You need the Magnificent Seven, and then the rest." To Cramer, few companies have the balance sheets and product demand to withstand the bond market competition. The Magnificent Seven stocks aren't hurting for money, he said, and are actually "coining a fortune with their considerable cash hoards." When the bond market calms down, he said, these companies will be recognized for their solvency.

Persons: CNBC's Jim Cramer, Cramer Organizations: Nasdaq, Apple, Nvidia, Tesla, Microsoft

☆ Putin lauds ‘excellent’ economic ties with China. Here’s how they’ve grown
▼ + stars: | 2023-09-12 | by ( Olesya Dmitracova | ) edition.cnn.com time to read: +3 min

“Relations between Russia and China in the sphere of economic cooperation have reached a very high level,” Vladimir Putin said, speaking at the Eastern Economic Forum in Vladivostok, Russia, according to Russian state-owned news agency TASS. Russian Prime Minister Mikhail Mishustin said in May that he expected trade with China would top $200 billion this year. As many Western banks have reduced their presence in Russia, China’s lenders swooped in to offer banking services. Between February 2022 and March this year, the assets of Chinese banks in the country more than quadrupled to $9.7 billion, according to data collected by KSE Institute at the Kyiv School of Economics. Of China’s four biggest banks, Bank of China and the Industrial and Commercial Bank of China saw the biggest increases in their Russian assets.

Persons: ” Vladimir Putin, Mikhail Mishustin, Putin, ”, Laura He, Josh Pennington, Alex Stambaugh, Mitch McCluskey, Anna Chernova Organizations: London CNN, “, Eastern Economic, Moscow, Russian, Organization of, Petroleum, International Energy Agency, China Association of Automobile Manufacturers, KSE Institute, Kyiv School of Economics, Bank of China, Industrial, Commercial Bank of China, European Central Bank Locations: Moscow, Beijing, Russia, China, Vladivostok, Ukraine, United States, Saudi Arabia, India, wean

☆ Morgan Stanley upgrades Tesla and makes it a top pick with analyst Adam Jonas predicting 60% rally
▼ + stars: | 2023-09-11 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Morgan Stanley's widely followed auto analyst Adam Jonas thinks Tesla is on the verge of a major leap in autonomous driving. The analyst upgraded Tesla stock to overweight from equal weight, with a new $400 per share price target, up from $250. The analyst also moved Tesla to the top pick column at Morgan Stanley. Jonas previously downgraded Tesla stock in June over worry that shares were overheated after a massive rally. Tesla shares were up more than 5% in premarket trading on the Morgan Stanley call.

Persons: Morgan Stanley's, Adam Jonas, Tesla, Morgan Stanley, Jonas, Tesla's, — CNBC's Michael Bloom Organizations: Investors, Dojo, Tesla, Nvidia

☆ Ukraine coach lauds fans for key role in England draw
▼ + stars: | 2023-09-09 | by ( Michael Kahn | ) www.reuters.com time to read: +2 min

Ukraine struck first against Group C leaders England thanks to Oleksandr Zinchenko's first-half strike and defender Kyle Walker levelled just before the break. Exhausted Ukraine players applauded their supporters who chanted and waved flags for the full 90 minutes and celebrated the draw like a victory when the referee blew the final whistle. "This is a big responsibility and I'm very proud," Rebrov said of his role as manager. England lead the group with 13 points from five games followed by Ukraine on seven from four. The draw with Ukraine was the first time England dropped points in their qualifying campaign.

Persons: Serhiy Rebrov, Oleksandr Zinchenko's, Kyle Walker, Rebrov, Michael Kahn, Ed Osmond Organizations: England, Ukraine, Group, Thomson Locations: WROCLAW, Poland, Ukraine, Russia, Moscow, England

☆ Live updates: Putin slams rebels as criminals; Zelenskyy lauds military advances 'in all directions'
▼ + stars: | 2023-06-27 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

The eyes of the world remain on Russia after Wagner Group chief Yevgeny Prigozhin's attempted mutiny on Saturday posed what many regard as the greatest challenge yet to President Vladimir Putin's two-decade grip on power. In a televised address to the nation on Monday, Putin called the organizers of the uprising "criminals" and vowed to bring them to justice. The revolt raised questions about President Vladimir Putin's grip on power and what could be next for the country. Stateside, President Joe Biden clarified on Monday that the United States was not involved in the aborted weekend rebellion. Ukrainian President Volodymyr Zelenskyy, meanwhile, called for further support from Western leaders to repel the Russian invasion.

Persons: Yevgeny Prigozhin's, Vladimir Putin's, Putin, Prigozhin, Joe Biden, Volodymyr Zelenskyy, Zelenskyy Organizations: Wagner Group, Kremlin, NATO Locations: Russia, Belarus, United States, Ukrainian, Ukraine

Two of the children were in a critical but stable condition in hospital a day after the attack, Prime Minister Elisabeth Borne said. Among the children wounded in the attack where a British national and a Dutch national. France hailed the bravery of a young Catholic pilgrim who came face-to-face with the assailant and used his backpack as a shield as he sought to block the attack. A mass will be held in Annecy Cathedral in tribute to the victims and their families later on Friday, church authorities said. One of the two pensioners caught up in the attack told Reuters he had been sitting on a park bench when the attacker approached on the run.

Persons: Denis Balibouse, Elisabeth Borne, Emmanuel Macron, lunge, Henri, Mag Capone, Borne, Youssouf, Antony Paone, Geert de Clercq, Richard Lough, Andrew Heavens Organizations: REUTERS, Denis Balibouse Annecy, British, Reuters, Annecy Cathedral, Police, Thomson Locations: Annecy, French, France, Grenoble, Sweden, Swedish, Schengen, Italy, Paris

☆ McCarthy lauds debt US ceiling deal, House conservatives divided
▼ + stars: | 2023-06-04 | by ( David Lawder | ) www.reuters.com time to read: +4 min

The debt ceiling deal keeps fiscal 2024 spending flat at this year's levels, allowing a 1% increase for fiscal 2025. "Speaker McCarthy's position is absolutely safe," U.S. Representative Garret Graves, a Louisiana Republican who helped negotiate the debt ceiling deal, told CBS' "Face the Nation". DEAL PASSES IN DIVIDED CONGRESSBuck said that McCarthy promised Republicans that he would cut spending levels to fiscal 2022 levels, not the higher 2023 levels agreed in the deal, making the deal a loss the party. The deal was approved by 149 House Republicans and 165 Democrats, strong majorities of both parties. On Friday, Fitch Ratings it would keep the U.S. top tier credit rating on "negative watch" until the third quarter due to concerns over repeated brinkmanship over the debt ceiling, along with rising debt and deficits.

Persons: Kevin McCarthy, Joe Biden, McCarthy, Ken Buck, Biden, Buck, Garret Graves, we've, Fitch, Shalanda Young, Young, David Lawder, Aurora Ellis Organizations: . House, Sunday, Democratic, Republican, Caucus, Republicans, Union, U.S, Louisiana Republican, CBS, Fox, Revenue Service, Freedom Caucus, Democrats, White, CNN, Thomson Locations: CNN's, U.S, Louisiana

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