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☆ Morocco wants normal ties with Algeria, king says
▼ + stars: | 2023-07-29 | by ( ) www.reuters.com time to read: +1 min

RABAT, July 29 (Reuters) - King Mohammed VI said on Saturday Morocco hopes for a return to normality and open borders with Algeria amid severed diplomatic ties. Algeria unilaterally cut ties with Morocco in 2021 and halted the flow of a gas pipeline to Spain via Morocco. The Western Sahara dispute has been at the heart of worsening ties between the two countries. Morocco considers the territory its own, but the Algerian-backed Polisario front wants to establish an independent state there. "I should like to tell the leaders and people of our sister nation, Algeria, that no evil will ever be done to them, nor will any harm ever come to them from Morocco," king Mohammed said.

Persons: King Mohammed VI, Mohammed said, Abdelmedjid Tebboune, Ahmed Eljechtimi, Alistair Bell Organizations: Morocco, Moroccan, Polisario, Thomson Locations: RABAT, Algeria, Maghreb, Morocco, Spain, Algerian, Western Sahara, Rabat, Tel Aviv

☆ Prigozhin turned back his rebellion because his men got 'cold feet' and that it 'wasn't what they had signed up for,' CIA chief Bill Burns says
▼ + stars: | 2023-07-26 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +1 min

CIA director Williams Burns told Puck that some Wagner troops may have felt the revolt wasn't what they signed up for. Prigozhin was "making it up as he went along," Burns told Puck. "Some of his men started getting cold feet," Burns said. While speaking on a panel at the conference last week, Burns said Prigozhin was "making it up as he went along." Burns also noted Prigozhin had only 5,000 men with him — not nearly enough to actually take Moscow.

Persons: Yevgeny Prigozhin's, Williams Burns, Puck, Wagner, Prigozhin, Burns, Yevgeny Prigozhin, Puck's Julia Ioffe, Putin, — Organizations: CIA, Service, Aspen Security Locations: Wall, Silicon, Moscow, —

☆ Electric helicopters could replace rideshares. How to invest in this 'evolutionary' technology
▼ + stars: | 2023-07-23 | by ( Alex Harring | ) www.cnbc.com time to read: +7 min

"It's more of an evolutionary technology than a revolutionary technology." But Cowen managing director Cai von Rumohr said investors should be prepared for timelines to be pushed back, as this is still considered "early-stage tech." "Given the push for climate and to basically reduce carbon emissions, I think, at some point, there's going to be a market," von Rumohr said. The outlook is still clouded by many variables, von Rumohr said. "It's definitely an important investment opportunity for investors," Moeller said.

Persons: Harry Potter, Austin Moeller, Moeller, Archer, Joby, Cowen, Cai von Rumohr, von Rumohr, Lilium, Von Rumohr, Marco Iachini, Vanda Research's, Bill Peterson, It's Organizations: Archer, Federal Aviation Administration, FAA, Toyota, Stellantis, Air Force, Aerospace, JPMorgan

☆ Opinion: Welcome to the ‘looking-glass’ world of Putin’s Russia
▼ + stars: | 2023-07-10 | by ( Opinion Daniel Treisman | ) edition.cnn.com time to read: +8 min

Welcome to the weird, through-the-looking-glass world of Vladimir Putin’s Russia, where everything is its opposite and almost nothing is what it seems. That may hold as well for the still-murky fate of last month’s mutineer, Yevgeny Prigozhin, head of the Wagner group. Daniel TreismanWorse yet for the Kremlin, Prigozhin’s claim — coming from a diehard nationalist — will seem quite believable to many Russians. In this looking-glass world, the president has no time for politics. After the war started, Navalny offered a 15-point program for ending it and rebuilding a democratic Russia.

Persons: Daniel Treisman, “, ”, Vladimir Putin’s, mutineer, Yevgeny Prigozhin, Wagner, Alexander Lukashenko, Dmitry Peskov, Peskov, Prigozhin, Putin, Alexey Navalny, Alexander Zemlianichenko, Orwell, Vladimir Kara, Murza, Emmanuel Macron, Navalny, Angela Merkel Organizations: University of California, CNN, Russian Federal Penitentiary Service, Russian, Putin, Kremlin, Twitter, Facebook Locations: Los Angeles, Moscow, Belarus, Vladimir Putin’s Russia, Belarusian, Minsk, St . Petersburg, Kremlin, Russian, Melekhovo, Vladimir, Russia, Kara, Rostov, Sochi, Ukraine, Dagestan, Crimea, “

☆ Stocks making the biggest premarket moves: Tesla, Darden Restaurants, Anheuser-Busch, Alcoa & more
▼ + stars: | 2023-06-22 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Darden Restaurants — The company behind Olive Garden and other restaurant chains slid nearly 4% in the premarket. Darden beat expectations of analysts polled by Refinitiv for earnings in the fiscal fourth quarter, while revenue came in line with expectations. Meanwhile, Darden's revenue guidance was higher than Wall Street forecasted. The Wall Street firm said the stock is pricing in only downside risk without the expectation for recovery. Alcoa — Shares of the aluminum company slumped 3.5% in premarket trading after Morgan Stanley downgraded Alcoa to underweight from equal weight.

Persons: Morgan Stanley, Darden, Refinitiv, FactSet, Eugene Lee, Overstock.com, discounter, Overstock, Mauricio Gutierrez, Bud Light, influencer Dylan Mulvaney, Aerosystems, —, Samantha Subin, Jesse Pound, Alex Harring Organizations: Tesla, Darden, Olive, Wall, Bed, NRG Energy, Journal, Elliott Investment Management, Anheuser, Busch Inbev, Deutsche Bank, Alcoa —, Alcoa, Refinitiv, Revenue, Boeing Locations: Austin , Texas, Kansas

☆ Stocks making the biggest moves midday: Overstock, Tesla, Accenture and more
▼ + stars: | 2023-06-22 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Accenture — The stock fell 2.6% after the consulting firm shaved the top end of its revenue expectations for the fiscal year. Darden posted earnings of $2.58 per share on revenue of $2.77 billion in its latest quarter. Tesla — Tesla shares traded flat amid a choppy session after Morgan Stanley downgraded the electric-vehicle giant to an equal weight rating from overweight, citing valuation concerns. Loop also reiterated its buy rating and raised its price target given what it sees as an opportunity for the stock to rally further. Expedia , TripAdvisor — Expedia and TripAdvisor gained 1.5% and 3.2%, respectively, after B. Riley initiated coverage on each stock as buy.

Persons: AeroSystems, Max, Darden, Eugene Lee, influencer Dylan, Tesla, Morgan Stanley, Root, JPMorgan Chase, Dow, —, TripAdvisor, Riley, Expedia, Eli Lilly —, Samantha Subin, Michelle Fox, Jesse Pound Organizations: Bed, Boeing, Accenture, Darden, FactSet, Anheuser, Busch InBev —, Deutsche Bank, NRG Energy, Wall Street, Elliott Investment Management, Embedded Insurance, Alcoa, JPMorgan, Amazon Prime, Bank of America Locations: Salt Lake City , Utah, Wichita , Kansas, Illinois

☆ Exclusive-Mystery X9 helicopter takes shape as potential successor to Airbus H145
▼ + stars: | 2023-06-18 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

PARIS (Reuters) - After a decade in the shadows, one of Europe’s mystery aerospace projects - the X9 helicopter - is taking shape as a potential future successor to Airbus Helicopters’ H145 light-twin chopper, with plans for a demonstrator underway, industry sources said. FILE PHOTO: An Airbus H145 French Securite Civile rescue helicopter takes off past Canadair aircrafts during the presentation of the 2023 plan to fight against wildfires, at Nimes-Garons airbase, France, April 25, 2023. A Berlin filing by Airbus Helicopters’ German subsidiary in 2020 noted its board had been briefed on the X9 and unspecified “further steps”. Any future H145 successor would regenerate the German side of Airbus Helicopters, formed from a 1992 merger between divisions of France’s Aerospatiale and MBB of Germany to counter U.S. rivals led by Bell, Boeing and Sikorsky. Those barriers are gradually fading as Airbus Helicopters adopts a system under which specialised sites pre-assemble major sections, which then converge on one site for final assembly.

Persons: Christian Hartmann, Lutz Bertling, Leonardo’s Organizations: PARIS, Airbus Helicopters, Airbus, Canadair, REUTERS, Airbus Helicopters ’, Reuters, Chase, Associates, Aerospatiale, Bell, Boeing, Sikorsky, Eurocopter Locations: Nimes, Garons, France, Donauwoerth, Germany, Bavarian, German, GERMANY, Paris, U.S, Spain, Marignane, Airbus Germany

Air freight flies in the bellies of passenger planes and dedicated freighters, most of which are converted planes. A Boeing 777 that is being converted into a cargo plane in Fort Worth, Texas, March 7, 2023. An old first-class suite on a former Nordwind Boeing 777 slated to be converted to a freighter, March 7, 2023. Aircraft technicians work on a Boeing 777 that is being converted into a cargo plane in Fort Worth, Texas, March 7, 2023. An aircraft technician works on a Boeing 777 that is being converted into a cargo plane in Fort Worth, Texas, March 7, 2023.

Persons: Leslie Josephs Organizations: Air, Baltic Air, Boeing, CNBC, CNBC Technicians, Aircraft, Companies, CNBC CNBC, Aspire, Mammoth, Fort Worth , Texas — Locations: Fort Worth , Texas, Texas, Singapore

☆ A viral photo of a double-decker airplane seat design has ignited a fierce debate about farting
▼ + stars: | 2023-06-08 | by ( Reena Koh | ) www.businessinsider.com time to read: +2 min

A photo of a double-decker airplane seat has gone viral. A photo of a double-decker airplane seat has gone viral on the internet, with people divided on whether they would want to take a seat. Pictures of the Chaise Longue Airplane Seat prototype, designed by Alejandro Núñez Vicente, first made an appearance last year. Núñez Vicente graduated from Brunel University London in 2021 with a degree in Industrial Design and Technology, according to LinkedIn. In response to the backlash, the award-winning airplane seat designer thinks "there's no such thing as bad publicity," per CNN.

Persons: Alejandro Núñez Vicente, Núñez Vicente Organizations: Morning, CNN, Brunel University London, Design, Technology, LinkedIn Locations: Hamburg, Germany

☆ German industrial orders fall unexpectedly in April
▼ + stars: | 2023-06-06 | by ( ) www.reuters.com time to read: +1 min

June 6 (Reuters) - German industrial orders fell unexpectedly in April, dragged down by large-scale orders, data from the federal statistics office showed on Tuesday. Industrial orders fell by 0.4% on the previous month on a seasonally and calendar adjusted basis. Excluding large-scale orders, there was an increase of 1.4% in April compared to the previous month. Year-on-year, industrial orders were down 9.9% in April. Domestic orders rose by 1.6%, while foreign orders sank by 1.8% on the previous month, the statistics office data showed.

Persons: Holger Schmieding, Schmieding, Franzisca Palmas, Maria Martinez, Anastasiia, Rachel More Organizations: Reuters, Companies, Capital Economics, Thomson Locations: Franzisca, Europe, Berlin, Gdansk

☆ Fact Check-SKYCovion vaccine is not sprayed from aircraft
▼ + stars: | 2023-06-01 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

A South Korean COVID-19 vaccine recently authorised in Britain is administered by injection, not sprayed into the sky from aircraft, as social media posts falsely claim. Some social media users have since been saying that SKYCovion will be sprayed on people from aircraft in a possible misinterpretation of the vaccine’s name (here). However, the vaccine is not based on mRNA and is administered through intramuscular injection, according to the MHRA and SK bioscience. SKYCovion is not an mRNA vaccine but has a traditional protein-antigen design. The SKYCovion vaccine authorised in Britain is injected intramuscularly, not sprayed from the sky.

Persons: chemtrails, Read Organizations: South, SK bioscience, GlaxoSmithKline, GSK, SK Chemicals, Britain’s Medicines, Healthcare, Agency, Twitter, ” SK bioscience, Reuters Locations: Britain, South Korean

☆ Colombian Amazon plane crash: children's plight is the latest in a long list of air travel mishaps
▼ + stars: | 2023-05-30 | by ( Stefano Pozzebon | ) edition.cnn.com time to read: +10 min

The three adults onboard, including the pilot and the children’s mother, Magdalena Mucutuy, died in the crash. Calderon dismisses the idea that his job is particularly high risk, but he concedes flying in the Colombian Amazon is not for the faint hearted. Soldiers stand next to the wreckage of a plane during the search for child survivors on May 19, 2023. Moreover, this type of older airplanes are often the most apt to operate in the limited infrastructure of the airfields in the Colombian Amazon. This year the Colombian government budgeted the equivalent of over $200 million to boost airports across the Amazon region over the next 30 years, and to open eight new commercial flight routes Amazon region.

☆ The college student who tracks Elon Musk's private jet on Twitter is now monitoring the jet used by Ron DeSantis
▼ + stars: | 2023-05-20 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

The student who tracks Elon Musk's private jet is now doing the same for Ron DeSantis's plane. Jack Sweeney created a new Twitter account that he said will track the governor's state-owned jet. The college student who tracks Elon Musk's private jet on Twitter has decided to give Florida governor Ron DeSantis the same treatment. Jack Sweeney, a student at the University of Central Florida, has set up a new Twitter account, @DeSantisJet, to track the government-owned jet the politician uses. Sweeney made headlines when Musk offered him $5,000 to take down the Twitter account that tracked his private jet.

☆ Ukraine needs American-made F-16s if it's going to stop Russia's invasion once and for all, a defense expert says. NATO now seems to be giving in.
▼ + stars: | 2023-05-19 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

Ukraine could finally get the F-16 fighter jets it's been begging for. Still, the jets are vital for Ukraine's war efforts, defense experts told Insider, giving Kyiv the firepower it needs to bolster its current and future fleets. Ukraine sees the fighter jets as indispensable, Jones said, and it is thinking on a longer-term basis than friendly nations in the West. "The sooner we get fighters into the hands of Ukraine's combat-experienced fighter pilots, the greater Ukraine's chances of success," Deptula said. Matthew LotzThe debate over whether to send F-16 fighter jets to Ukraine has lasted months.

☆ Watch the world's biggest plane take off into the sky, as the Stratolaunch Roc successfully completes its first drop test
▼ + stars: | 2023-05-18 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +2 min

Videos show the Stratolaunch Roc successfully completing its first drop test. A video shows the biggest plane in the world taking off and cruising into the sky — taking it one step closer to hypersonic flight. The Stratolaunch Roc successfully completed its first drop test — which tested the plane's ability to release an autonomous launch vehicle in the air — in Mojave Desert on Sunday, according to the company's press release. Stratolaunch's vehicle Talon-A could be seen attached to the plane. In another video posted by Stratolaunch on Twitter, the Roc was shown landing flawlessly on the runway.

☆ Russia's biggest airline asked employees to refrain from reporting malfunctions on flights, report says
▼ + stars: | 2023-05-16 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +4 min

Aeroflot asked its employees to stop reporting malfunctions on planes, Proekt reported. Russia's biggest commercial airline Aeroflot has asked its employees to refrain from reporting malfunctions as it continues to suffer under Western sanctions, according to the investigative Russian outlet Proekt. This means that many flights are departing with significant breakdowns that staff are fully aware of, several employees said. A former pilot told Proekt that on a flight in January, he found a fuel leakage while starting the engines of a Boeing 737. "It had happened several times before, but there were no records of it in the technical log book — the airline's management asked us not to write anything," the pilot told Proekt.

☆ Photos show how Putin massively scaled back his Victory Day celebrations compared to the ostentatious military displays of previous years
▼ + stars: | 2023-05-09 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +5 min

Photos from this year compared to previous years show how much the Victory Day parade has changed:A Soviet T-34 tank during the Victory Day Red Square Parade on May 9, 2023, in Moscow, Russia. Russian tanks in Red Square during the Victory Day military parade in Moscow, Russia, Sunday, May 9, 2021. Armored vehicles drive past the Kremlin after a military parade on Victory Day, with an empty sky, on May 9, 2023. Russian soldiers march toward Red Square to attend a Victory Day military parade in Moscow, Russia, Tuesday, May 9, 2023. A Russian service member walks across a street before a military parade on Victory Day in Moscow, Russia, on May 9 2023.

☆ 10 Things in Tech: Joe Biden has tried ChatGPT, Silicon Valley goes sober, and leaked Shopify audio
▼ + stars: | 2023-05-05 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

And Silicon Valley is catching on, too. My colleague Samantha Stokes did a deep dive into the growing trend of techies avoiding alcohol. Silicon Valley goes sober. My colleague Samantha Stokes examined this growing trend in Silicon Valley and gives some insight into the drying industry. In other news:Screenshot of Hot Chat 30002.

☆ 10 Things in Tech: Uber wants to predict your habits, Apple and Google team up, and Lebron James eyes Complex Networks
▼ + stars: | 2023-05-04 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

And minting it could be a solution to avert a major economic catastrophe (here's an explanation of the looming disaster, by the way). This average-looking coin could prevent job losses, steep cuts to retirement savings, and other major financial blows. Shopify employees and experts brace for shakeup. Multiple sources told Insider that his company, SpringHill Co., has internally discussed offering around $100 million to buy Complex from Buzzfeed. Google tells employees to limit publishing AI research.

☆ Bids for 2027 Africa Cup of Nations offer path for comprise over 2025 hosts
▼ + stars: | 2023-04-27 | by ( Mark Gleeson | ) www.reuters.com time to read: +2 min

CAPE TOWN, April 27 (Reuters) - Algeria head a list of four bids to host the 2027 African Cup of Nations, which the Confederation of African Football announced on Thursday, but Morocco are a surprise omission suggesting a compromise over the 2025 edition has been struck. A statement said CAF had received bids from Algeria, Botswana, Egypt and a joint candidacy from Kenya, Tanzania and Uganda for the 2027 tournament after the expiry of the deadline for declarations of interest. CAF have repeatedly delayed deciding who will replace Guinea as the 2025 hosts. Algeria and Morocco are the top two contenders for 2025 but choosing between the two neighbours has become a political dilemma for CAF, sources have told Reuters. The two North African neighbours have an adversarial relationship, with diplomatic ties suspended, and winning the rights to host the 2025 Cup of Nations would be a matter of national pride and a public relations triumph.

☆ Poor training and outdated equipment left Russia's air force unable to help much in the invasion of Ukraine, study finds
▼ + stars: | 2023-04-25 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

Russia's air force has struggled to exploit air superiority over Ukraine since the start of the war. Pilots lack basic training to fly at low altitudes and sophisticated weapons, the report said. The report, published this week, outlines the strengths and weaknesses of Russia's air force in Ukraine based on a series of interviews with intelligence services, military experts, and Ukrainian air force commanders. The Russian air force has lacked success since the start of its invasion mostly due to the resilience of Ukraine's ground-to-air defense systems. "We need to do everything that we can to get Ukraine as much air defense capability as we possibly can."

☆ Where Goldman Sachs CEO David Solomon takes the corporate jet
▼ + stars: | 2023-04-24 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +15 min

"The Board fully supports the use of the Goldman Sachs planes for travel, just as it supported the use of private aircraft by previous Goldman Sachs executives," said Tony Fratto, a company spokesman. "Executives at Goldman Sachs have been flying on private aircrafts for decades as it is proven to be the most secure, effective, and cost-efficient solution to meet the extensive travel obligations for CEOs of firms like Goldman Sachs — which is why all of our peer institutions also extensively use private aircraft." John Waldron, president of Goldman Sachs Reuters/Brendan McDermidOccasionally, Solomon and Waldron switch planes, particularly when Waldron flies overseas. Goldman Sachs has a sponsorship deal with pro golfer Patrick Cantlay. "These estimates wildly overstate the cost of such flights to Goldman Sachs and are not an accurate representation," he said.

☆ A Russian fighter jet mistakenly bombed one of its own cities. Experts say that 'serious' cockpit errors are likely to blame.
▼ + stars: | 2023-04-21 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +3 min

A Russian warplane mistakenly bombed one of its own border cities, on Thursday, officials said. An expert told Insider that the pilot may have confused the Russian city for a Ukrainian one. A Russian Su-34 dropped a bomb on the border city of Belgorod, around 25 miles north of the country's border with Ukraine, Russia's defense ministry said in a statement. Two military experts told Insider that it was strange for the Su-34 to be flying over a built-up city in the first place. However, both experts told Insider they are confused about why the plane was flying so close to a populated Russian city, with Miron noting "they could have easily avoided flying over Belgorod."

☆ Paper airplane designed by Boeing engineers breaks world distance record
▼ + stars: | 2023-04-14 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +6 min

The engineers had to pay careful attention to the numerous rules and guidelines set forth by the Guinness World Record Team. I didn’t think we could get useful data from a simulation on a paper airplane. The Guinness paper plane record for duration of flight is currently 29.2 seconds. From origami enthusiasts to aerospace engineersRuble and Jensen began their paper plane engineering careers while in middle school, participating in paper airplane events held at Boeing. For those looking to create their own record-breaking paper plane design, the feat is not impossible, but may take some time (and skill).

☆ NATO's newest member is now becoming the first country to buy an advanced Israeli air-defense system
▼ + stars: | 2023-04-07 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

A day after it joined NATO, Finland said it'll buy an advanced Israeli air-defense system. The Finnish Defense Ministry said it approved the purchase of the David's Sling system in a statement on Wednesday. Israeli defense company Rafael Advanced Defense Systems will deliver the system, which was procured in a deal valued at nearly $345 million, according to the statement. It will be the first export of the David's Sling system, according to a translation of the ministry's statement. David's Sling is an advanced air-defense system built by Rafael and the US firm Raytheon and has been operational since 2017.

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