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WASHINGTON (Reuters) - Florida Governor Ron DeSantis had a chance in April to address Donald Trump’s growing momentum toward the 2024 Republican presidential nomination. FILE PHOTO: Florida Governor Ron DeSantis talks with journalists after meeting Japanese Prime Minister Fumio Kishida at the latter's official residence in Tokyo, Japan, 24 April 2023. The unforced errors in that early stage had a lasting impact on DeSantis’ campaign, they acknowledged. “The president was dead set on attacking Ron DeSantis as early as possible,” Chris LaCivita, Trump’s co-campaign manager, told Reuters. LESSONS LEARNEDAides say DeSantis’ campaign has sought to make some strategic adjustments.

Persons: Ron DeSantis, Donald Trump’s, Fumio Kishida, KIMIMASA, Trump, DeSantis, coy, I’m, Trump’s, ”, DeSantis ’, “, Chris LaCivita, “ DeSantis, MAGA, LaCivita, ” LaCivita, Ford O’Connell, unelectable, Robert Bigelow, Ryan Tyson, ” David Polyansky, Evan Power, Power Organizations: WASHINGTON, Trump, Reuters, Iowa, TRUMP, Twitter, Republican, Social Security, Medicare, Inc, intoned, Conservatives, DeSantis, U.S, Congress, Republicans, Florida Republican Party Locations: Florida, Tokyo, Japan, New York, Iowa, “, Tallahassee, Lago

Florida Governor Ron DeSantis talks with journalists after meeting Japanese Prime Minister Fumio Kishida at the latter's official residence in Tokyo, Japan, 24 April 2023. Reuters spoke to 16 political operatives and donors close to DeSantis to reconstruct the roughly 10-week period from mid-March - before Trump's first criminal indictment in New York - to DeSantis' campaign launch on May 24. The unforced errors in that early stage had a lasting impact on DeSantis' campaign, they acknowledged. "The president was dead set on attacking Ron DeSantis as early as possible," Chris LaCivita, Trump's co-campaign manager, told Reuters. LESSONS LEARNEDAides say DeSantis' campaign has sought to make some strategic adjustments.

Persons: Ron DeSantis, Fumio Kishida, KIMIMASA, Donald Trump's, DeSantis, Trump, coy, Trump's, Chris LaCivita, MAGA, LaCivita, Ford O'Connell, unelectable, Robert Bigelow, Ryan Tyson, David Polyansky, Evan Power, Power, Gram Slattery, Jim Oliphant, Nathan Layne, Alexandra Ulmer, Ross Colvin, Daniel Flynn Organizations: Rights, Trump, Reuters, Iowa, TRUMP, Twitter, Republican, Social Security, Medicare, Inc, intoned, Conservatives, DeSantis, U.S, Congress, Republicans, Florida Republican Party, San, Thomson Locations: Florida, Tokyo, Japan, New York, Iowa, Tallahassee, Lago, San Francisco

☆ Rupert Murdoch completes the real-life 'Succession' story. Here's how his son Lachlan rose to the top.
▼ + stars: | 2023-09-21 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Rupert Murdoch announced he is stepping down as the leader of Fox and News Corp.His elder son, Lachlan, will take over both companies, ending a decades-long family drama. She quit the family business years ago. AdvertisementAdvertisementThat left Lachlan and James, who have passed the title of successor between the two of them over the decades. For much of the 2000s and 2010s, it seemed as if James would eventually take over the family business. AdvertisementAdvertisementMeanwhile, Murdoch's favorite son, Lachlan, has been a Roman Roy-esque wild card, with the same right-wing politics as the "Succession" character.

Persons: Rupert Murdoch, Lachlan, HBO's, Lachlan Murdoch, Murdoch, —, Logan Roy, I'm, Murdoch's, Michael Wolff, — Elisabeth, James —, Murdoch didn't, Jonathan Mahler, Jim Rutenberg, Elisabeth, Siobhan Roy, James, Kendall Roy, Wolff, Kendall, Roman Roy, Fair's Gabriel Sherman, Lachlan weren't, Sherman Organizations: Fox, News Corp, Service, Fox Corp, Fox News, Street, New, New York Post, Fair, New York Times, Wall, Century Fox, latter's, New York Magazine Locations: Wall, Silicon, New York, Roman, Australia

☆ The IPO market has been frozen for 2 years. Arm and Instacart point to a thaw coming in 2024.
▼ + stars: | 2023-09-20 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Before Tuesday, the grocery brand secured a $10.2 billion valuation fully diluted, far below the $39 billion valuation it earned during the pandemic. Experts explained what Instacart and Softbank-backed Arm's debuts means for the broader IPO market, which has been ice-cold for 2 years. AdvertisementAdvertisementExperts say venture capital firms, stock market investors, and any private company mulling an IPO will be closely monitoring the how newly-public names trade over the coming months. "But I do think the public market getting behind companies [like Arm and Instacart] is a signal the market is opening up." "The IPO market is open but it's not indiscriminate," Coben told Insider on Tuesday.

Persons: Munafo, Craig Coben, Coben, Rachel Gerring, Gerring, Instacart, it's, Jerome Powell's Organizations: Service, Arm, Federal Reserve, Fund, London Stock Exchange, Bank of America Locations: Wall, Silicon, Americas

The Old City of Jerusalem and its walls were inscribed on the UNESCO World Heritage List in 1981, but UNESCO doesn't list it under Israel or Palestine. Whereas other sites are listed by country, UNESCO lists the site separately, under "Jerusalem (Site proposed by Jordan)." Source: Screenshot from UNESCOIsrael, which joined UNESCO in 1949, has nine sites named to the list, including Masada, the Old City of Acre and the "White City" of Tel Aviv. A backdrop of political alliancesUNESCO's decision to add Tell es-Sultan/Jericho to its World Heritage Site has angered Israeli officials, with Israel's foreign ministry releasing a statement Sunday calling it a "cynical" ploy by the Palestinians to politicize UNESCO. Kyiv's Saint Sophia Cathedral is now on UNESCO's List of World Heritage in Danger.

Persons: Archivio J, Lange, De Agostini, Mounir, Jordan, Masada, Anastas, Saint Sophia Cathedral, Kyiv's, Kyiv's Saint Sophia, Pollex Organizations: UNESCO, Getty, Bank, Saudi Press Agency, The, City of, UNESCO Israel, politicize UNESCO, Saudi, U.S, Biden, United, UNESCO —, World, Saint Locations: Jericho, Palestine, Old City, Jerusalem, City, City of Jerusalem, Israel, Acre, Tel Aviv, Kingdom of Saudi Arabia, Saudi Arabia, Mecca, Medina, Saudi, United States, Ukraine, Lavra, Kyiv, Pechersk, Lviv, Kyiv's Saint

☆ Samsung Galaxy Z Flip 4 vs. Z Flip 5: A larger cover screen and redesigned hinge make the new foldable option a better buy
▼ + stars: | 2023-09-18 | by ( Antonio Villas-Boas | John Lynch | Senior Tech Reporter | ) www.businessinsider.com time to read: +12 min

AdvertisementAdvertisementSamsung Galaxy Z Flip 4 vs. Z Flip 5: DisplaysThe Galaxy Z Flip 4 (left) and Z Flip 5 (right) share very similar interior displays, save for extra brightness on the latter. AdvertisementAdvertisementSamsung Galaxy Z Flip 4 vs. Z Flip 5: Performance and storageThe Galaxy Z Flip 5 runs on a specialized version of the Qualcomm Snapdragon 8 Gen 2 processor that's technically more powerful than the Z Flip 4's Snapdragon 8 Gen 1. AdvertisementAdvertisementSamsung Galaxy Z Flip 4 vs. Z Flip 5: CamerasThe Galaxy Z Flip 4's photo is brighter than the Z Flip 5's, but not in a good way. AdvertisementAdvertisementSamsung Galaxy Z Flip 4 vs. Z Flip 5: Battery lifeThe Z Flip 4 and Z Flip 5 have the same 3,700mAh battery and performed the same in our battery test. AdvertisementAdvertisementSamsung Galaxy Z Flip 4 vs. Z Flip 5: PriceYou can get the Galaxy Z Flip 4 or Z Flip 5 at significant trade-in discounts.

Persons: Antonio Villas, it's, Worthy, That's, Price Organizations: Samsung, Qualcomm, Boas, YouTube, Netflix, Samsung Galaxy, Carriers, Verizon

[1/2] Hostess Brands "Twinkies" are displayed in a store in the Manhattan borough of New York City, U.S. July 5, 2016. Smucker (SJM.N) said on Monday it will buy Twinkies-maker Hostess Brands (TWNK.O) in a $5.6 billion deal, as major U.S. packaged food companies look to expand their brand portfolios with pandemic-era fortunes dwindling. J. M. Smucker will pay Hostess shareholders $34.25 per share in a cash and stock deal, representing a premium of 54% since the day before the report surfaced. Hostess Brands became an acquisition target after it managed to boost its revenue through price hikes that fueled investor concerns over its prospects with its volume growth consistently declining. Smucker and Hostess deal follows a spree of other deals including that of Campbell Soup's (CPB.N) $2.7 billion deal for Rao's sauce maker Sovos Brands (SOVO.O) and Unilever (ULVR.L) buying premium frozen yogurt brand Yasso in North America.

Persons: Brendan McDermid, Smucker, Campbell Soup's, Hostess, Ding Dongs, Dimpal Gulwani, Ananya Mariam Rajesh, Anirban Sen, Savio D'Souza, Shinjini Organizations: REUTERS, Hostess Brands, Reuters, Hostess, Mills Inc, Mondelez, PepsiCo Inc, Hershey Co, Sovos, Unilever, Hos, Thomson Locations: Manhattan, New York City, U.S, North America, Lenexa , Kansas, Ho, Bengaluru, New York

☆ US dollar flat, but on track for eight straight weeks of gains; yuan sinks
▼ + stars: | 2023-09-08 | by ( Gertrude Chavez-Dreyfuss | ) www.reuters.com time to read: +5 min

Despite Friday's pullback, the dollar index was headed for eight straight weeks of gains, the longest such streak since 2014. "There's a lot of reasoning to ask whether dollar strength is going too far." In afternoon trading, the dollar index , which measures the greenback against six major peers, was flat at 105.05. That said, Vassili Serebriakov, FX strategist, at UBS in New York, said while eight weeks are an unusually long stretch of dollar strength, the currency's gains are getting smaller every week. The euro , the largest component in the dollar index, was on track for eight straight weeks of losses and down 0.7% on the week.

Persons: Dado Ruvic, Amo Sahota, Sahota, Vassili, Sterling, Shunichi Suzuki, Gertrude Chavez, Dreyfuss, Samuel Indyk, Rae Wee, Shri Navaratnam, Gerry Doyle, Angus MacSwan, Mark Heinrich, Diane Craft Organizations: REUTERS, FX, U.S, Apple, Federal Reserve, UBS, greenback, Finance, Thomson Locations: San Francisco, China, New York, U.S, Germany, Europe's, Canada, United States, Japan, London, Singapore

☆ 'The pendulum swung too far this summer': Morgan Stanley's stock chief warns it's time to take a risk-off approach to the market given the recent rally — and shares 3 trades to pile into instead
▼ + stars: | 2023-09-06 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

He likes "defensive growth stocks," industrials, and energy stocks. Morgan Stanley's Mike Wilson says the stock market's rally is likely running out of steam, and quickly. Also, on technicals, market breadth — or the share of stocks participating in the rally — is still weak. Morgan StanleyIn addition to over-extended technicals, Wilson said deteriorating fundamentals threaten the market. In particular, he's concerned about "real" consumer spending growth — or growth that accounts for inflation — which he and Morgan Stanley economists believe will dip negative year-over-year in the fourth quarter of 2023.

Persons: Mike Wilson, Morgan Stanley's Mike Wilson, Let's, Wilson, Morgan Stanley Organizations: bank's, Equity ETF, Vanguard Energy Locations: technicals, delinquencies

☆ A Saudi-Israel deal could dramatically reshape the Middle East — but don't expect it anytime soon
▼ + stars: | 2023-09-01 | by ( Natasha Turak | ) www.cnbc.com time to read: +7 min

Saudi Arabia doesn't recognize Israel as a state and has refused to do so since the latter's independence in 1948. A deal between Israel and Saudi Arabia could dramatically reshape the geopolitics of the Middle East. Saudi Arabia wants military promisesAnother big challenge is what Saudi Arabia is demanding of Washington. But even if a security guarantee and more advanced weapons access demands are met, U.S. backing for a Saudi nuclear program is likely more challenging. Any deal on this is also complicated by the fact that Saudi Arabia has its own natural supplies of uranium and intends to mine them itself.

Persons: Prince Mohammed bin Salman, Louiza Vradi, Israel –, Saudi Arabia doesn't, Mahmoud Abbas, Benjamin Netanyahu, Amir Cohen, Biden, Sanam Vakil, Netanyahu, Mustafa Hassona, Hussein Ibish, Saudi Crown Prince Mohammed bin Salman, Vakil, Mohammed bin Salman, Fayez Nureldine, Ryan Bohl, Rane Organizations: Wall Street Journal, Palestinian Authority, Biden, Palmachim Air Force Base, Reuters, Saudi, Chatham House, CNBC, Bloomberg, Anadolu Agency, Getty, Gulf States Institute, United Nations, Saudi Crown, Nurphoto, Republicans, Artillery, Defense, Afp, U.S, government's, United Arab Emirates, Middle East Locations: Saudi, Athens, Greece, Saudi Arabia, Israel, Iran, Riyadh, Rishon Lezion, U.S, East, North Africa, Palestine, Mecca, Medina, Gaza City, West Bank, Nablus, Gaza, Washington, Beit Lahia, Yemen

☆ There is 'huge potential' to increase trade and investment with China, says South Korea minister
▼ + stars: | 2023-08-27 | 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 EmailThere is 'huge potential' to increase trade and investment with China, says South Korea ministerSouth Korea's Minister for Trade Dukgeun Ahn explained how the country is approaching its relationship with China despite the latter's economic problems and geopolitical tensions.

Persons: Trade Dukgeun Ahn Organizations: South, Trade Locations: China, South Korea

☆ Singapore's Grab says its ride-hailing unit is on track to hit pre-Covid levels by the end of the year
▼ + stars: | 2023-08-24 | by ( Sheila Chiang | ) www.cnbc.com time to read: +4 min

Photographer: Ore Huiying/Bloomberg via Getty Images Ore Huiying | Bloomberg | Getty ImagesSingapore-based Grab said on Wednesday that its ride-hailing unit is on track to hit pre-Covid levels by the end of this year. Grab, which also offers food delivery and mobile payments, said that its mobility GMV has recovered to 85% of pre-Covid levels. We remain on track to exit 2023 at pre-Covid GMV levels. "We remain on track to exit 2023 at pre-Covid GMV levels," Oey said during Grab's earnings call on Wednesday. Grab's Hungate said driver supply levels are currently at 84% of pre-Covid levels and that the firm will "continue to focus on improving driver supply."

Persons: Alex Hungate, Peter Oey, Oey, GrabShare, Sachin Mittal, Grab's Hungate, Kai Wang, Jonathan Woo, Woo Organizations: Grab Holdings, Bloomberg, Getty, Getty Images, CNBC, DBS Bank, DBS, Trans, Morningstar Asia, Revenue, Phillip Securities Research Locations: Singapore, Getty Images Singapore, Malaysia, Thailand, Grab's U.S

A Subway sandwich shop logo is pictured in the Manhattan borough of New York February 14, 2014. These conditions, known as an earn-out, defer payment on part of the deal consideration, the sources said. The Wall Street Journal reported on Monday that Roark Capital was nearing a deal to buy Subway for about $9.6 billion. A spokesperson for Subway declined to comment, while representatives for Roark and TDR did not immediately respond to requests for comment. Roark controls Inspire Brands, owner of the Jimmy John's, Arby’s, Baskin-Robbins, Buffalo Wild Wings, Dunkin’, Rusty Taco and SONIC Drive-In chains.

Persons: Carlo Allegri, Roark, DeLuca, Buck, John's, TDR, Sycamore, Goldman Sachs, Fred DeLuca, Peter Buck, Jimmy John's, Dunkin ’, Rusty Taco, Jimmy John’s, Abigail Summerville, Anirban Sen, Greg Roumeliotis Organizations: REUTERS, TDR, Sycamore Partners, Goldman Sachs, Subway, Street, Roark Capital, Goldman, Inspire Brands, Baskin, Robbins, Buffalo Wild Wings, Thomson Locations: Manhattan, New York, TDR Capital, Bridgeport , Connecticut, The Milford , Connecticut, U.S, Champaign , Illinois

☆ Australia 1-3 England: Lionesses see off co-hosts to set up Spain showdown in their first Women's World Cup final
▼ + stars: | 2023-08-16 | by ( ) www.cnbc.com time to read: +5 min

England's players react after winning the Australia and New Zealand 2023 Women's World Cup semi-final football match between Australia and England at Stadium Australia in Sydney on August 16, 2023. Franck Fife | AFP | Getty ImagesEngland have made more history, reaching their first Women's World Cup final after beating Australia 3-1 to set up a showdown with Spain on Sunday. England drew first blood as Ella Toone (36) curled home a superb effort as the Matildas conceded their first World Cup goal since the second group game against Nigeria - a run of well over five hours. Read more stories from Sky SportsEngland football fans celebrate at Boxpark Wembley following the FIFA Women's World Cup Australia & New Zealand 2023 Semi Final match between England and Australia on August 16, 2023 in London, England. England's forward #23 Alessia Russo (R) scores a goal past Australia's goalkeeper #18 Mackenzie Arnold during the Australia and New Zealand 2023 Women's World Cup semi-final football match between Australia and England at Stadium Australia in Sydney on August 16, 2023.

Persons: Franck Fife, amble, Ella Toone, Sam Kerr, Lauren Hemp, Alessia Russo, Read, Chris J Ratcliffe, Arjan, Kerr, Mary Earps, Mackenzie Arnold, Georgia Stanway, Toone, Russo, Haley, Clare Polkinghorne, Hayley Raso, Arnold, Mary Fowler, Caitlin Foord, Millie Bright, Bright, Ellie Carpenter, Saeed Khan, Earps, Kane Organizations: Australia, England, AFP, Getty, Sunday, Nigeria, Spain, Sky Sports England, Wembley, FIFA, New Zealand, eventual, Clare, Georgia, Earps, Chelsea, Hemp, Colombia Locations: New Zealand, Australia, Sydney, Spain, New, London, England, Georgia

☆ One Championship CEO: Zuck Is 'Legit' Fighter, Far Outclasses Musk
▼ + stars: | 2023-08-14 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

ONE Championship CEO Chatri Sityodtong says Mark Zuckerberg is a "legit" fighter. A prominent martial-arts CEO says he's seen Mark Zuckerberg fight, and that Elon Musk should be really nervous about his chances in the ring. However, there is a wide disparity in skill level and fitness level," Chatri told the SCMP. Chatri also had some fighting words for Elon Musk. "If he really wanted to fight Mark, he wouldn't be making up all these conditions, excuses, and stipulations," Chatri said.

Persons: Chatri Sityodtong, Mark Zuckerberg, Zuckerberg, Musk, Chatri, he's, Elon, Sityodtong, Elon Musk, goading Zuckerberg, Mark, hasn't Organizations: Morning, ONE, South China Morning, Palo, Meta, Twitter Locations: Elon

☆ Elon Musk is now floating the idea of having a 'noble' debate with Mark Zuckerberg instead of a tech bro cage fight
▼ + stars: | 2023-08-10 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Elon Musk now wants a "noble" debate with Zuckerberg. It looks like Elon Musk is trying really hard to get out of his cage fight with Mark Zuckerberg. And now Musk is floating the idea of having a "noble" debate with Zuckerberg instead of throwing hands. TED curator Chris Anderson proposed having a "cage match DEBATE" between the two billionaires, and Musk seemed game for it. Maye Musk tweeted in June that her son and Zuckerberg should "fight with words only" instead of beating each other up.

Persons: Elon Musk, Zuckerberg, Musk, Maye, Mark Zuckerberg, Chris Anderson, Anderson, Maye Musk Organizations: Zuck

☆ These are Wall Street's favorite gambling stocks as ESPN jumps into online sports betting. One is expected to rally 50%
▼ + stars: | 2023-08-09 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

The worldwide leader in sports is finally jumping into online betting. Disney's ESPN division late Tuesday agreed to partner with Penn Entertainment to rebrand and relaunch the latter's online gambling sportsbook as ESPN Bet. ESPN entering the online gambling business could signal another run for gaming companies that have a presence in the industry. Now, the deal with ESPN may spell especially good news for Penn at the same time as it expands the entire online sports universe, boosting sentiment toward other online gaming companies. Online sports wagering, where individuals create betting accounts and make wagers using an online device, is legal in roughly 30 states.

Persons: Penn, Wall, FactSet Organizations: ESPN, Penn Entertainment, ESPN Bet, Penn, CNBC Pro, Wall Street, Rush, Interactive, Caesars Entertainment, Caesars, Boyd Gaming Corporation, Boyd Gaming Locations: Canada, Latin America, Vegas, Las Vegas

☆ Mets meet Cubs, look to put together win streak
▼ + stars: | 2023-08-08 | by ( Field Level Media | ) www.reuters.com time to read: +3 min

August 8 - A season that began with World Series aspirations turned into a nightmare long ago for the New York Mets. Alonso, Lindor and the Mets will look to earn a rare series win Tuesday night when New York hosts the Chicago Cubs in the middle game of a three-game set. The Mets snapped a six-game losing streak Monday night when Alonso matched career highs with two homers and six RBIs in an 11-2 victory. "It's a hard game," Cubs manager David Ross told MLB.com. Taillon earned the win on Thursday, when he allowed two runs over five innings in the Cubs' 5-3 victory over the Reds.

Persons: Pete Alonso, Francisco Lindor, Alonso, Lindor, Carlos Carrasco, Jameson Taillon, Brandon ) Nimmo, Buck Showalter, David Ross, Carrasco, Taillon Organizations: New York Mets, Mets, New York, Chicago Cubs, Kansas City Royals, Baltimore Orioles, New York Yankees, Washington Nationals, National League, Cubs, Chicago, Cincinnati Reds, Miami Marlins, The Cubs, Royals, Reds, Thomson Locations: New York

☆ Apple and Meta powered the Nasdaq's sizzling rally in July, helping the tech-heavy index wrap up a 5-month winning streak
▼ + stars: | 2023-08-01 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +2 min

Apple and Meta stocks have been the key drivers of the Nasdaq 100's July rally. Investor excitement around AI still remains high, helping fuel a sizzling rally in tech stocks. Apple and Meta stocks have surged about 51% and 165%% year-to-date, respectively, with the latter's stunning gains helping boost CEO Mark Zuckerberg's fortunes to $120 billion this year. The two stocks helped fuel the Nasdaq 100's 3.81% advance through July, taking its year-to-date rally to almost 44%. The rally in tech stocks has even taken market bulls by surprise, including Morgan Stanley's Mike Wilson.

Persons: Mark Zuckerberg's, OpenAI's ChatGPT, Morgan Stanley's Mike Wilson, Wilson Organizations: Apple, Nasdaq, Service, Twitter Locations: Wall, Silicon

Gross domestic product (GDP) contracted by 0.3% on a quarterly basis between April and June and was up 0.6% year-on-year, national statistics bureau ISTAT said. ISTAT gave no numerical sector breakdown of its preliminary second-quarter GDP estimate, but said industry and agriculture output decreased whereas services grew marginally. The 0.3% contraction left Italy with so-called "carryover" growth of 0.8% this year, assuming GDP would be flat in the remaining two quarters. "Italy is an advanced industrial country and the weakness in industry is much more important than the tourism sector for the economy's health," said Lorenzo Codogno, head of LC Macro Advisors and former chief economist at Italy's Treasury. ISTAT also said annual inflation slowed to 6.4% in July from 6.7% in June, on a EU-harmonised consumer prices.

Persons: Giorgia Meloni, Franziska Palmas, Intesa, Lorenzo Codogno, Alvise Armellini, Elvira Pollina, Sharon Singleton, Alistair Bell Organizations: Gross, Reuters, Capital Economics, ISTAT, LC Macro Advisors, Italy's Treasury, Thomson Locations: ROME, Italy, Rome, Milan

☆ Kim Jong Un has plastered his walls with bizarre, giant portraits of Putin, images from North Korean state media reveal
▼ + stars: | 2023-07-29 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +3 min

Photos released by North Korean state media show Kim Jong Un's huge portraits of Vladimir Putin. The images show the leader giving Russian Defense Minister Sergei Shoigu a personal tour. The portraits were visible as the North Korean leader gave a personal tour to Russian Defense Minister Sergei Shoigu. In the bizarre images, Kim and Shoigu can be seen walking down a corridor while huge portraits of Putin and Kim loom over them from either side. Russia's Defense Minister Sergei Shoigu attends a reception for the Russian military delegation hosted by North Korean leader Kim Jong Un on July 27, 2023.

Persons: Kim Jong, Vladimir Putin, Sergei Shoigu, Shoigu, Kim Jong Un, Kim, Putin, Simon Miles, Miles, Biden Organizations: North, Russian, Service, North Korean, Russian Defense, Central Committee of, Workers ' Party, Daily, Russia's, Reuters, Mail, Korean Central News Agency, Associated Press, Duke University's Sanford School of Public, Soviet Union, AP Locations: North Korean, Wall, Silicon, Pyongyang, Vladivostok, Russia, North Korea, Soviet, North Koreans, Ukraine, Moscow, Russian

☆ Russia's fighter jets have gone from harassing US aircraft to actually breaking them as Moscow flexes its muscles where it still can
▼ + stars: | 2023-07-28 | by ( Jake Epstein | ) www.businessinsider.com time to read: +12 min

Russian fighter jets have harassed US military drones on numerous occasions throughout July. That incident is just one of several demonstrations of Russian aggression around US military drones this month. Russian military Su-34 and Su-35 aircraft employ flares in the flight path of a US MQ-9 aircraft on July 6, 2023 over Syria. A press officer who goes by callsign Damian looks at a destroyed Russian military vehicle in Novodarivka village, Zaporizhzhia Region, southeastern Ukraine. "These maneuvers, they are to some extent intended to demonstrate Russian military strength," which could appease the country's domestic audience.

Persons: Nicholas Lokker, Alexus Grynkewich, Sabrina Singh, Su, Wagner, Yevgeny Prigozhin, Vladimir Putin, Damian, Putin, Lokker, Assad, Äzzeddin Kasim, Paul Lushenko, Lushenko, Christopher Sommers, AFCENT Organizations: Kremlin, Service, Center, New, New American Security, Islamic, US Air Force, ISIS, US Air Forces Central Command, Pentagon, Donetsk Regions, US, Anadolu Agency, Getty, US Army, Islamic Revolutionary Guard Corps, Quds Force, 421st Expeditionary Fighter Squadron, U.S . Central Command Locations: Wall, Silicon, Syria, Russia, Russian, Ukraine, New American, Moscow, Syria . Washington, Islamic State, Washington, CNAS, Belarus, Novodarivka, Zaporizhzhia Region, Zaporizhzhia, Ukrainian, Iran, Idlib, United States, Western

☆ Paris 2024 Olympic and Paralympic torch unveiled by designer Mathieu Lehanneur
▼ + stars: | 2023-07-26 | by ( Christy Choi | ) edition.cnn.com time to read: +3 min

CNN —Smooth, sleek and chic is the look for the next Olympic torch. “For Paris 2024, and for the first time in its history, (the torch) plays on perfect symmetry, speaking to us more clearly about equality,” he said in a statement. As simple as a hyphen and as fluid as a flame.”Chair of the Paris 2024 organizing committee Tony Estanguet (left) and designer Mathieu Lehanneur (right) pose with the latter's Olympic and Paralympic Torch. This is part of the organizing committee’s strategy to “build bridges between the Olympic and Paralympic Games,” Paris 2024’s president Tony Estanguet said in a statement. Mathieu Lehanneur holds aloft his design for the 2024 Paris Olympic and Paralympic Torch.

Persons: Mathieu Lehanneur, ”, “, Tony Estanguet, ’, Lehanneur, Louis Vuitton, Dior, Moët Hennessy Organizations: CNN, Games, Olympic, Paralympic Games, ”, Sydney Opera House, Museum of Modern Art, Pompidou Centre Paris, LVMH, Louis Locations: Paris, French, Russia, New York, Olympia, Greece, France

☆ China is telling anyone who'll listen it's open for business again – but its economy has a Xi Jinping problem
▼ + stars: | 2023-07-18 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

China is signaling to the rest of the world that it's open for business again. Both Elon Musk and Janet Yellen have made trips to Beijing recently. But less money is flowing into the country – with foreign investors likely alienated by Xi Jinping's authoritarianism. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. Spooked investors responded by dumping Chinese stocks in a $6 trillion blowout, while the onshore Chinese yuan dropped against the US dollar.

Persons: Elon Musk, Janet Yellen, Xi, Li Qiang, John Kerry, Mark Mobius, he'd Organizations: Service, Privacy, China, Tesla, Communist Party, Bain, Co, Big Tech Locations: China, Beijing, Wall, Silicon, Tianjin, Shanghai, West

It is an unexpected truce between Sony, which makes Playstation consoles, and its far larger U.S. rival. Details have yet to be disclosed, and it's not clear why Sony, which Microsoft earlier offered a 10-year contract, has had a change of heart. Sony's video-game division reported digital software and content sales of $11 billion in the fiscal year to March. Yoshida has been selectively snapping up smaller gaming studios to beef up Playstation content, including splashing out $3.6 billion for developer Bungie. Details were not disclosed, but a Microsoft spokesperson clarified with various media that the deal is for 10 years.

Persons: it's, Boss Kenchiro Yoshida, Yoshida, Phil Spencer, Una Galani, Thomas Shum Organizations: Reuters, Activision Blizzard, Sony, Activision, Microsoft, Nintendo, Nvidia, U.S, UK Competition, Markets Authority, Bungie, Nikkei, Federal Trade, Thomson Locations: HONG KONG, U.S

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