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Four Ukrainian drones were shot down by Moscow air defences while a fifth was jammed and crashed into the Odintsovo district of the Moscow region, the Russian defence ministry said. Ukraine almost never publicly claims responsibility for attacks inside Russia or on Russian-controlled territory in Ukraine. High-profile drone attacks deep inside Russia, the world's largest country, have increased over recent months with attacks on the Kremlin in May and on Russian oil infrastructure last month. After May's drone attack on the capital, President Vladimir Putin said Ukraine was trying to scare and provoke Russia, adding that the capital's air defences would be strengthened. "At this moment, the attacks have been repelled by air defence forces," Moscow Mayor Sergei Sobyanin said on his Telegram messaging channel.

Persons: Maria Zakharova, Vladimir Putin, Sergei Sobyanin, Lidia Kelly, Guy Faulconbridge, Robert Birsel Organizations: Kyiv, United Arab, UN Security, Kremlin, Thomson Locations: Moscow Russia, Kyiv MOSCOW, Russia, Ukraine, Moscow, Odintsovo, Kaluga, Turkey, United Arab Emirates, Egypt, Kubinka, United States, Britain, France, Kyiv, Melbourne

☆ Ukraine reports 'particularly fruitful' few days in counteroffensive
▼ + stars: | 2023-07-04 | by ( Dan Peleschuk | ) www.reuters.com time to read: +3 min

"The last few days have been particularly fruitful," he said, without providing any details from the battlefield. On Monday, Deputy Defence Minister Hanna Maliar said fighting had surged around the eastern city of Bakhmut, captured by Russian forces in May. She said the Ukrainian military had taken back 37.4 square kilometres (14.4 square miles) of territory overall in heavy fighting in the past week. He said the Ukrainian military was managing to hold back an attempted advance by Russian forces in the Lyman, Avdiivka and Marinka directions in eastern Ukraine. Russian shelling on Tuesday morning killed a man and a woman in the southern Ukrainian city of Kherson, the local prosecutor's office said.

Persons: Read, Oleksiy Danilov, Ukraine's, Volodymyr Zelenskiy, Valeriy Shershen, Hanna Maliar, Andriy Kovalev, Avdiivka, Aleksandar Vasovic, Timothy Organizations: SIRKO TEAM, 225TH, Russian, National Security, Defence Council, Russia, Ukraine's Defense Forces, Ukraine's National Security, Defence, Twitter, Ukraine, Lyman, Reuters, Timothy Heritage, Thomson Locations: Russian, Northwest Bakhmut, Donetsk Region, Ukraine, KYIV, Ukrainian, Moscow, Bakhmut, Russia, Kherson

☆ Thom Browne debuts Paris haute couture with dramatic show at Opera
▼ + stars: | 2023-07-03 | by ( Mimosa Spencer | ) www.reuters.com time to read: +2 min

[1/5] Model Alek Wek presents a creation by designer Thom Browne as part of his Haute Couture Fall/Winter 2023-2024 collection show at the Opera Garnier in Paris, France, July 3, 2023. REUTERS/Sarah MeyssonnierPARIS, July 3 (Reuters) - Thom Browne marked his debut on the Paris haute couture calendar on Monday with a dramatic display of voluminous fashion in the French capital's famous opera house. The curtain lifted at the start of the show to reveal a full theatre -- the red velvet seats and gilded balconies occupied by rows of cardboard cutouts of a man in a grey suit and sunglasses. Some wore headgear in the shape of birds, while others had bandages wrapped around their heads, worn with elaborate grey wigs. The Paris Haute Couture shows run until July 6 and include fashion houses Chanel, Balenciaga and Valentino.

Persons: Thom Browne, Opera Garnier, Sarah Meyssonnier PARIS, Browne, Mj Rodriguez, Chanel, Balenciaga, Valentino, Mimosa Spencer, Rosalba O'Brien Organizations: Haute Couture, Opera, REUTERS, of Fashion Designers of America, Paris Haute Couture, Thomson Locations: Paris, France, American

☆ Tesla is egregiously overvalued, says Roth Capital's Craig Irwin
▼ + stars: | 2023-07-03 | 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 EmailTesla is egregiously overvalued, says Roth Capital's Craig IrwinCraig Irwin, Roth Capital senior research analyst, and Ray Wang, Constellation Research principal analyst, joins 'Squawk Box' to discuss each analyst's thoughts on Tesla's stock, the type of investors who are long Tesla, and more.

Persons: Tesla, overvalued, Roth, Craig Irwin Craig Irwin, Ray Wang Organizations: Roth Capital, Constellation Research

☆ Mega cap tech is getting too expensive to justify buying, says Payne Capital's Courtney Garcia
▼ + stars: | 2023-07-03 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMega cap tech is getting too expensive to justify buying, says Payne Capital's Courtney GarciaCourtney Garcia, Payne Capital Management, joins 'Closing Bell' to discuss her second half setup for stocks.

Persons: Payne Capital's Courtney Garcia Courtney Garcia Organizations: Payne Capital Management

If Mayor Sadiq Khan's plan goes ahead, London's Ultra Low Emission Zone (ULEZ) will become one of the world's largest to tackle air pollution, encompassing 5 million extra people in the capital's leafier and less-connected outer boroughs. London's transport authority says only one in 10 cars in outer London are not ULEZ-compliant. But Khan, who was diagnosed with asthma and wrote a book this year on air pollution and climate change, says he is determined to face down his critics. "But the further away from the city centre you go, the less you can improve air quality," Verbeek added. "It's absolutely critical that even in a cost-of-living crisis we do not kick the can of air pollution down the road and let more children grow up unhealthy and unwell," she said.

Persons: Toby Melville, Sadiq Khan's, Carl Cristina, Cristina, Khan, Thomas Verbeek, Verbeek, Jemima Hartshorn, Teresa O'Neill, I've, Gavin Jones, William James, Andrew Heavens Organizations: REUTERS, Reuters, Delft University of Technology, Thomson Locations: Marble, London, Britain, Europe, Rome, Netherlands

☆ Riots rock France before funeral of teenager shot by police
▼ + stars: | 2023-07-01 | by ( ) www.cnbc.com time to read: +2 min

A French police officer in riot gear looks on next to burnt cars at the Pablo Picasso neighbourhood in Nanterre on July 1, 2023. "We aren't part of the family and didn't know Nahel but we were very moved by what has happened in our town. So we wanted to express our condolences," one man among the mourners, who declined to give his name, told Reuters. The shooting of the teenager, caught on video, has reignited longstanding complaints by poor and racially mixed urban communities of police violence and racism. Macron had denied there is systemic racism inside French law enforcement agencies.

Persons: Pablo Picasso, Nahel, Emmanuel Macron's, Macron, Nahel's Organizations: Twitter, Reuters Locations: Nanterre, France, Paris, France's

☆ Corporate agitators slow down in Q2 but ready to pounce in H2 -Barclays data
▼ + stars: | 2023-06-30 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +3 min

Investors, bankers and lawyers expect a busy second half where activists may become more involved in trying to jumpstart mergers and acquisitions (M&A). "Volatile markets and depressed M&A markets are not deterring activists from launching campaigns in 2023," said Jim Rossman, global head of shareholder advisory at Barclays. In the second half, Barclays' Rossman expects to see a market with pent-up demand for M&A and $1.4 trillion parked in private equity firms' war chests that needs to be put to work. "The proof is in the pudding in the 2023 proxy season," Rossman said. "Activists won seats at 80% of proxy contests that went to a final vote, compared to 33% in 2022."

Persons: Jim Rossman, ValueAct, Carl Icahn, Francis deSouza, Elliott, Rossman, Svea Herbst, Bayliss, Jamie Freed Organizations: YORK, Elliott Investment Management, Capital, Legion Partners, Barclays, Holdings, Inclusive, Partners, Bayer, Reuters, Capital Management, Svea, Thomson Locations: Europe, Asia, United States

☆ The stock market's gains are almost entirely concentrated in the 'Magnificent 7' - and that could mean a crash is coming
▼ + stars: | 2023-06-30 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Have you heard of the Magnificent Seven? This handful of Big Tech stocks have accounted for nearly all the market's gains in 2023. The names that make up the so-called Magnificent Seven are now the seven biggest US-listed stocks. Are you buying or selling the Magnificent Seven? Strategists from Goldman Sachs made the case for names they think will be low in volatility and high in returns.

Persons: I'm Phil Rosen, It's, you'll, let's, Tesla, there's, Minerva, Kathleen Brooks, John Hussman, Hussman, ANGELA WEISS, Goldman Sachs, Russell, Xi Jinping, Everyone's, Cleo Capital's Sarah Kunst, Phil Rosen, Max Adams, Hallam Bullock Organizations: Twitter, LinkedIn, Lionsgate, Nvidia, Tesla, Meta, Microsoft, Big Tech, Apple, Hussman Investment Trust, Getty, PLC, Costco Locations: New York, London

☆ Watch CNBC's full interview with Contrast Capital's Ron Insana and Alliance Bernstein's Jim Tierney
▼ + stars: | 2023-06-30 | 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 EmailWatch CNBC's full interview with Contrast Capital's Ron Insana and Alliance Bernstein's Jim TierneyRon Insana, Contrast Capital partners co-CEO and Jim Tierney, CIO of U.S. concentrated growth at AllianceBernstein, join 'Power Lunch' to discuss the bull market versus the bear rally.

Persons: Ron Insana, Jim Tierney Ron Insana, Jim Tierney Organizations: Capital, U.S Locations: AllianceBernstein

MEXICO CITY, June 28 (Reuters) - Mexico may repurchase about $4.2 billion in outstanding bonds issued to finance a partly built Mexico City airport that was later canceled, a senior official said on Wednesday. His government bought back $1.8 billion of $6 billion in bonds issued to pay for the airport. The project was meant to alleviate pressure on the capital's hub, Mexico City International Airport (AICM). Lopez Obrador now wants the Mexican Navy to take charge of AICM. To repay the outstanding bonds, the government has pulled revenue from the AICM usage tax.

Persons: Rogelio Jimenez Pons, Andres Manuel Lopez, Lopez Obrador, Felipe, Jimenez, Kylie Madry, Gerry Doyle Organizations: MEXICO CITY, International, Felipe Angeles International Airport, Mexican Navy, Navy, Thomson Locations: MEXICO, Mexico, Mexico City, AICM

☆ Startup studio Fractal created 130 companies in 3 years. Founders say the deal structure has led VCs to 'blacklist' them.
▼ + stars: | 2023-06-29 | by ( Melia Russell | Stephanie Palazzolo | ) www.businessinsider.com time to read: +19 min

www.fractalsoftware.comOf the dozens of Fractal startups that have raised a seed round of funding, about half had Bienville Capital lead the deal, according to people familiar with the matter. Others say they knew what they were getting into with a venture studio, where a large ownership position is standard. Brendan Smialowski/AFP via Getty ImagesThe biggest draw for some Fractal founders was its plug-and-play approach. The founder of one Fractal startup remembered a time when his company was struggling to grow its customer base. That firm is raising a new $325 million fund to provide additional funding to Fractal companies exclusively, according to a person familiar with the effort.

Persons: Fractal's, he'd, they'd, Andreessen Horowitz, Mike Furlong, Nate Baker, Bienville, —, Brendan Smialowski, Founders, Angela Lee, Furlong, Baker, Ezra Shaw, who'd, who's, It's, Lee, She's, 8VC, Bain, Jeff Greenberg, Omri Bloch, who've, didn't, Stephanie Palazzolo, Melia Russell Organizations: Flatiron Health, Bienville, Insight Partners, Bienville Capital, Getty, Columbia Business School, Alpha, Midwest, Science, Olympic Club, Tiger Global, Craft Ventures, Founders, Vertical Venture Partners, Zag, Crew Capital, Bain Capital, Universal, Foundation, Fifth Locations: Bienville Capital, New York, Bienville, Indio, AFP, Santa Monica , California, Miami, San Francisco, GreenSpark, Columbia, Barti, Aktos, Bessemer, 8VC

☆ New Madrid gallery brings royal treasures under one roof
▼ + stars: | 2023-06-29 | by ( ) www.reuters.com time to read: +2 min

[1/5] A visitor walks past the sculpture "Felipe II" by artist Pompeo Leon at the Gallery of Royal Collections in Madrid, Spain, June 29, 2023. REUTERS/Juan MedinaMADRID, June 29 (Reuters) - Madrid opened a long-awaited multi-million-dollar gallery on Thursday, bringing hundreds of masterpieces from the royal collection, including works by Caravaggio, Velazquez and Goya, under one roof. A third of the exhibits - themselves just a fraction of the total collection - will continue to move between those institutions, officials said. "The museum is born with the vocation of being a cultural and tourist key point in Madrid, Spain and Europe," Ana de la Cueva, head of National Heritage, the state-owned organization that manages the royal collection, told reporters. She said officials hoped the museum would persuade tourists to extend their stay in the city by at least one day, boosting revenues.

Persons: Felipe, Pompeo Leon, Juan Medina MADRID, Caravaggio, Velazquez, Goya, Prado, Reina, Thyssen, Spanish Habsburg, Bernini, Ana de la Cueva, Emma Pinedo, David Latona, Andrew Heavens Organizations: Royal Collections, REUTERS, Reina Sofia, Fontana, National Heritage, Thomson Locations: Madrid, Spain, Almudena, Spanish, Bourbon, Rome's Piazza Navona, Europe

☆ Money in A.I. is made by 'picks and shovels' like Nvidia: Metropolitan Capital's Karen Finerman
▼ + stars: | 2023-06-29 | 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 EmailMoney in A.I. is made by 'picks and shovels' like Nvidia: Metropolitan Capital's Karen FinermanKaren Finerman, Metropolitan Capital president, joins 'Squawk Box' to discuss the latest market trends, banks, and more.

Persons: Karen Finerman Karen Finerman Organizations: Nvidia, Metropolitan, Metropolitan Capital

☆ Apple is a great company – but not much is driving the tech giant toward a $3 trillion valuation, analyst says
▼ + stars: | 2023-06-29 | by ( Zinya Salfiti | ) www.businessinsider.com time to read: +2 min

Apple's stock price has surged in 2023, putting the company on the verge of a $3 trillion valuation. "While Apple is a great company, there's not a ton of fundamentals driving this right now," Cleo Capital managing director Sarah Kunst told CNBC's "Last Call" Wednesday. she added, referring to the Vision Pro mixed reality headset Apple launched at the start of June. The tech giant's shares have surged 46% year-to-date, raising its total market capitalization to $2.98 trillion. But some on Wall Street are more bullish on the tech giant, with both Wedbush and Fairlead Strategies recently forecasting its valuation will hit $4 trillion around the end of next year.

Persons: Cleo Capital's Sarah Kunst, —, there's, Cleo, Sarah Kunst, CNBC's, Steve Weiss Organizations: Service, Apple, Cleo Capital, Vision, Hills, Big Tech, Federal, Nasdaq

☆ The billionaires' beef at Two Sigma seems pretty petty
▼ + stars: | 2023-06-29 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

ICYMI: This is the last week of 10 Things on Wall Street. Insider's Rebecca Ungarino has more details on how long the beef between Overdeck and Siegel has been brewing behind the scenes. What stands out to me about the drama at Two Sigma is how it all seems to be so petty. The Two Sigma cofounder was included only as an example of the type of managers Haider had eclipsed. The asset manager tapped two internal executives to serve as co-CEOs of the firm, succeeding CEO Jay Wintrob, The Wall Street Journal reports.

Persons: Dan DeFrancesco, I'm, Billy Joel's, —, we've, Goldman, Cofounders David Siegel, John Overdeck, David Siegel, cofounders, Insider's Rebecca Ungarino, Siegel, Rebecca, Haidar Capital's Said Haidar, Haider, Penny, Warren Buffett, Charlie Munger, Scott Olson, Ruobing Su, Michael Broadbery, Goldman Sachs, Maza, Andreessen Horowitz, Seth Klarman, Jay Wintrob, Robert O'Leary, Armen Panossian, Everybody's, they're, Joey Hadden, Jeffrey Cane, Hallam Bullock Organizations: Sigma, Baupost, Oaktree Capital, Street, Wall, LinkedIn Locations: Omaha, New York, London

The Mexico City International Airport (AICM) currently sits under the transportation ministry, though the navy has already taken over security operations, including customs. "There's more security, more certainty, the rules are followed better, there's more discipline," with the navy in charge of the airport, Velazquez told reporters on Tuesday. The money currently goes to a fund to pay off bondholders who financed the construction of an airport canceled by Lopez Obrador in favor of building the Felipe Angeles airport on the outskirts of the capital. The little-used, one-year-old Felipe Angeles airport, one of the president's largest public works projects, is also on an active military base. In May, the AICM moved nearly 4 million passengers, according to data from the national aviation authority, while Felipe Angeles airport's passenger numbers were almost 95% lower.

Persons: Andres Manuel Lopez Obrador, Carlos Velazquez, Velazquez, Benito Juarez, Lopez Obrador, Felipe, Kylie Madry, Jamie Freed Organizations: MEXICO CITY, Mexico City International, Thomson Locations: MEXICO, Mexico, Felipe Angeles

☆ Hayman Capital's Kyle Bass: Taking debt out of the equation is key to a value play in real estate
▼ + stars: | 2023-06-27 | 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 EmailHayman Capital's Kyle Bass: Taking debt out of the equation is key to a value play in real estateKyle Bass, Hayman Capital management founder and CIO, joins 'The Exchange' to discuss repurposing office spaces, instability in Russia, and straining US-China relations.

Persons: Hayman Capital's Kyle Bass, Kyle Bass Organizations: Hayman Capital Locations: Russia, China

☆ Kevin Spacey arrives at London court for sex offence trial
▼ + stars: | 2023-06-27 | by ( ) www.reuters.com time to read: +2 min

LONDON, June 28 (Reuters) - Oscar-winning actor Kevin Spacey arrived at a London court on Wednesday for the start of his four-week trial on a dozen sex offence charges. Spacey, 63, denies allegations of historic offences committed against four men which are said to have taken place between 2001 and 2013. The charges against Spacey include indecent and sexual assaults and a more serious offence of causing a person to engage in penetrative sexual activity without consent, which carries a maximum punishment of life imprisonment. Last November the Crown Prosecution Service authorised a further seven charges involving sex assaults on one man between 2001 and 2004. Spacey, once one of Hollywood's biggest stars, has largely disappeared from public view since being accused of sexual misconduct six years ago.

Persons: Kevin Spacey, Spacey, Michael Holden, Mark Heinrich, Christina Fincher Organizations: London's, Prosecution Service, Thomson Locations: London's Southwark, London, Gloucestershire, England, United States, Manhattan

☆ Watch CNBC's full interview with Roth Capital's Rohit Kulkarni and Jefferies' Brent Thill
▼ + stars: | 2023-06-26 | 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 EmailWatch CNBC's full interview with Roth Capital's Rohit Kulkarni and Jefferies' Brent ThillRohit Kulkarni, managing director at Roth Capital Partners, and Brent Thill, Jefferies equity research analyst, join ‘Squawk on the Street’ to discuss their take on Amazon, how A.I. benefits tech stocks, and more.

Persons: Roth, Rohit Kulkarni, Jefferies, Brent Thill Rohit Kulkarni, Brent Thill, ‘ Squawk Organizations: Roth Capital Partners, Jefferies

☆ Roth Capital's Rohit Kulkarni: Here's why Amazon is the best bet heading into 2024
▼ + stars: | 2023-06-26 | 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 EmailRoth Capital's Rohit Kulkarni: Here's why Amazon is the best bet heading into 2024Rohit Kulkarni, managing director at Roth Capital Partners, and Brent Thill, Jefferies equity research analyst, join 'Squawk on the Street' to discuss their take on Amazon, how A.I. benefits tech stocks, and more.

Persons: Roth, Rohit Kulkarni, Brent Thill Organizations: Roth Capital Partners, Jefferies

☆ Ukraine gained ground inside Ukraine as Russia faced off against Russia inside Russia
▼ + stars: | 2023-06-24 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +3 min

Russian forces spent Saturday preparing to defend Moscow from a paramilitary uprising. But Wagner boss Yevgeny Prigozhin ordered his fighters to turn around just before reaching the capital. Hanna Maliar, Ukraine's deputy minister of defense, said Saturday that Ukrainian forces launched new counter-offensives in the country's east and were holding Russian forces in defensive positions in the south. While Ukraine continued its efforts to retake territory, Russia was forced to defend itself from itself. Before the Wagner Group fighters turned back, Russian security officials were gearing up to defend Moscow.

Persons: Wagner, Yevgeny Prigozhin, —, Yevgeny Prigozhin —, Vladimir Putin —, Prigozhin, Ukraine's, Hanna Maliar, Wagner Group's, Volodymyr Zelenskyy, Sergei Shoigu, Sen, Mark Warner of, Marco Rubio Organizations: Service, Wagner, Russian, Twitter, BBC, Wagner Group, Moscow, Russian Defense, Senate Intelligence, CBS Locations: Moscow, Ukraine, Russia, Russian, Mark Warner of Virginia, Marco Rubio of Florida

☆ Ukraine managed to gain ground in Ukraine as Russia faced off against Russia in Russia
▼ + stars: | 2023-06-24 | by ( Katie Hawkinson | ) www.businessinsider.com time to read: +3 min

☆ Paris 2024 flame to be lit on April 16, relay to visit overseas territories
▼ + stars: | 2023-06-23 | by ( Julien Pretot | ) www.reuters.com time to read: +3 min

"It's going to be spectacular and will showcase all our territories," Paris 2024 president Tony Estanguet said at a ceremony at the French capital's Sorbonne university. Following a brief domestic relay in Greece the flame is then handed over to the host city. Paris organisers have said they will use a three-masted ship the 'Belem' to take it the port city of Marseille, where the sailing competitions of the Olympics will take place. Usually the flame, held in a safety lantern, is flown by plane to the Olympic Games host city. Paris 2024 organisers have been planning to install the Olympic flame on the Eiffel Tower, a source with direct knowledge of the matter told Reuters last month.

Persons: Stephanie Lecocq PARIS, Armel Le, Tony Estanguet, Laure, Florent Manaudou, Dimitri Pavade, Anne Hidalgo, Julien Pretot, Kirsten Donovan, Toby Davis Organizations: Sorbonne University , Paris, Michel, French, Sorbonne, National Assembly, Senate, Olympic Games, Eiffel, Reuters, Thomson Locations: Marseille, Paris, France, Olympia, Athens, Montpellier, Corsica, Bordeaux, Brest, Strasbourg, Reims, Ville, Greece, Belem, Phocaea

☆ Watch CNBC's full interview with Solus' Dan Greenhaus and Requisite Capital's Bryn Talkington
▼ + stars: | 2023-06-23 | 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 EmailWatch CNBC's full interview with Solus' Dan Greenhaus and Requisite Capital's Bryn TalkingtonDan Greenhaus, Solus Alternative Asset Management chief strategist, and Requisite Capital's Bryn Talkington, join 'Closing Bell' to discuss the rally's sustainability and market resiliency.

Persons: Solus, Dan Greenhaus, Bryn, Bryn Talkington Organizations: Asset Management

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