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

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

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

☆ 'A threat like no other': The West watches on concerned as Putin visits North Korea for the first time in years
▼ + stars: | 2024-06-18 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Ties between Russia and North Korea have deepened in recent years with the countries — which are both heavily sanctioned by the West — hailing their strategic cooperation in the spheres of defense and trade. North Korea has not been shy in its outpourings of reverence for Putin, describing him as a "comrade-in-arms" in the battle against what both countries see as Western hegemony. Analysts say the deepening relationship between Russia and "rogue" state North Korea is increasingly hazardous for the West. This aspect of the relationship not only destabilizes security on the peninsula and in Asia; it also heightens the direct threat posed by North Korea to the [U.S.] homeland." It is unclear what further strategic cooperation between North Korea and Russia could entail.

Persons: Vladimir Putin, North, Kim Jong Un, Teneo, Kim, Putin, Kim Jong, Matthew Miller, Miller, Victor Cha, Cha Organizations: Vostochny, UN, West, Kremlin, Democratic People's, U.S . State Department, U.S ., Reuters, Analysts, Center for Strategic, International Studies, National Security Council, Ukraine, North Locations: Amur, Russia, North Korea, Russian, Democratic People's Republic of Korea, DPRK, Korea, Ukraine, Pyongyang, U.S, Iran, Europe, Asia, Gaza, Moscow, North Korean, Eurasia

A stock trader looks at his monitors in the trading room of the Frankfurt Stock Exchange. Worries about a new coronavirus mutation in southern Africa have dealt a major blow to the German stock market. The Stoxx 600 index was up 0.68% in early deals, with all sectors and major bourses trading in the green. Travel and leisure stocks led gains, up 1.84%, while banks were also 1.28% higher. The index fell more than 6.2% last week.

Organizations: Frankfurt Stock Exchange, CAC Locations: Africa

☆ Northeast Braces for First Severe Heat of the Year
▼ + stars: | 2024-06-17 | by ( Johnny Diaz | ) www.nytimes.com time to read: +1 min

A record-breaking heat wave with a combination of humidity and temperatures well into the 90s will descend on cities in the Midwest and Northeast this week in what is expected to be a dangerous weather system days before summer officially begins, forecasters said. “The duration of this heat wave is notable and potentially the longest experienced in decades for some locations,” the National Weather Service said on social media on Sunday. In Pennsylvania, temperatures in Philadelphia, Allentown and Reading are expected to reach 95 degrees or higher for five consecutive days, a streak that has not occurred since July 2022, August 1953 and July 2011, respectively, according to the Weather Service office in Mount Holly, N.J. The severe heat was rapidly developing ahead of a low pressure system and spreading to the central Plains, Great Lakes region and Ohio Valley on Sunday, the Weather Service said.

Organizations: National Weather Service, Weather Service Locations: Midwest, Pennsylvania, Philadelphia, Allentown, Reading, Mount Holly, N.J, Great Lakes, Ohio

While original tickets have already sold out, we've put together everything you need to know when it comes to how to buy All Things Go tickets. The All Things Go festival first took place in 2014 at Union Market and has since expanded in scope and following. How to get All Things Go ticketsOriginal tickets to All Things Go tickets were available through the festival's website, but they sold out pretty quickly. Original All Things Go tickets started at $119 for single-day passes to the DC festival (or $199 for two-day passes) and $149 for two-day passes to the NYC festival (no single-day tickets were sold). At the time of writing, Vivid Seats' cheapest two-day ticket listings for the NYC festival start at $242, and the cheapest two-day listings for the DC festival start at $650.

Persons: we've, Chappell Roan, Reneé Rapp, Janelle Monáe, Conan Gray, Marren Morris, Remi Wolf, Ethel Cain, Julien Baker, Michael Kiwanuka, Maisie Peters, Briston Maroney, Sammy Rae, De Souza, GrentPerez, Rachel Chinouriri, Annie Dirusso, Allison Ponthier, Oliver Malcolm, Maren Morris, Holly Humberstone, David Kushner, Lola Young, Towa, Abby Roberts, Muna, & Clair Clair Organizations: Business, DC, Union Market, Kennedy Center Orchestra, The, & Locations: DC, Columbia , Maryland, Forest Hills , New York, New York, Flipturn, Del, Towa Bird

☆ Opinion: For all the fuss about Polin, ‘Bridgerton’s’ relatable subplots moved me the most
▼ + stars: | 2024-06-15 | by ( Opinion Holly Thomas | ) edition.cnn.com time to read: +6 min

Holly Thomas Holly ThomasIt’s not that Penelope Featherington and Colin Bridgerton (or Polin, as the internet insists on calling them) don’t make an arresting couple. The first deliciously familiar moment comes in episode 5, when Eloise Bridgerton offloads to Cressida Cowper, her cynical replacement for her estranged best friend, Penelope, about Penelope. As Eloise finally draws breath, Cressida mentions that she’s “had a shock of my own,” actually. In keeping with Season 3’s somewhat aromantic vibe, its most touching relationship isn’t between Penelope and Colin, but Penelope and her mother. While the series’ attempt to paint Penelope’s Lady Whistledown column as a feminist outpost feels a bit forced, Lady Featherington’s belated appreciation of her daughter’s abilities is far more affecting.

Persons: Holly Thomas, Katie Couric, you’ve, Bridgerton, Holly Thomas Holly Thomas It’s, Penelope Featherington, Colin Bridgerton, Daphne, Eloise Bridgerton offloads, Cressida Cowper, Penelope, Eloise, she’s “, ”, she’s, “ Lord Greer, “, Cressida, Penelope —, Lord Greer, who’s, Colin, Lady Violet, Francesca, Lord Stirling, Benedict she’s, needn’t, Stirling, It’s, Francesca’s, Lady Featherington, Kris Jenner, Lady, Whistledown, —, Featherington Organizations: Katie Couric Media, CNN, Welling, Regency Locations: London, Regency Mayfair

☆ A timeline of the kissing scandal between Harry, Jessica, and Melinda in 'Perfect Match' season 2
▼ + stars: | 2024-06-14 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +8 min

Read previewThe strongest couple in "Perfect Match" season two is under threat in the latest episodes after Harry Jowsey was accused of kissing another contestant. The next day, Melinda tells Jessica that she and Harry kissed, causing a big fight between the three contestants. 'Perfect Match' season two, episode eight: Melinda and Holly say the kiss happened off-screenIn "Perfect Match" season two, episode eight, Stevan Ditter, Harry Jowsey, Chris Hahn, Kaz Bishop, Justin Assada are separated from their female partners. Advertisement'Perfect Match' season two, episode nine: Melinda says Harry also said he wanted to have sex with herMelinda Berry in "The Perfect Match" season two. 'Perfect Match' season two, episode nine: Jessica confronts HarryJessica Vestal and Harry Jowsey competing in a "Perfect Match" couples challenge.

Persons: —, Harry Jowsey, Harry, Jessica Vestal, Jessica, Melinda Berry, Melinda, Holly, Stevan Ditter, Chris Hahn, Kaz Bishop, Justin Assada, Holly Scarfone, Justin, what's, Stevan, Harry doesn't, hasn't, doesn't, Dom Gabriel, Brittan Byrd, Brittan, Dom, Ana Blumenkron, Netflix Jessica, Alara Taneri, Bryton Constantin, Harry Jessica Vestal, Netflix Harry Organizations: Service, Business, Netflix

☆ Ukraine's peace summit lacks clout as Russia, China and others stay away
▼ + stars: | 2024-06-14 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Ukraine’s President Volodymyr Zelenskyy attends a military honour ceremony on June 7, 2024 in Paris, France. Marc Piasecki | Getty Images News | Getty ImagesUkraine's leadership has been talking about this weekend's peace summit in Switzerland for months, desperately trying to drum up international enthusiasm for — and investment in — Kyiv's peace plan. watch nowRussia has repeatedly slammed the gathering, saying a peace summit without its participation is meaningless. Ukraine's President Volodymyr Zelenskyy accused Russia and China of working together to sabotage the summit and pressurizing other countries not to attend. Dubovyk dismissed the absence of countries like China and Saudi Arabia, saying their presence at previous, similar meetings had not helped to bring peace closer.

Persons: Volodymyr Zelenskyy, Marc Piasecki, wasn't, Russia —, What's, Joe Biden, Kamala Harris, Jake Sullivan, Zelenskyy, Putin, Shelby Magid, Viola Amherd, Ignazio Cassis, Volodymyr Dubovyk, Dubovyk Organizations: Getty, Peace, Kremlin, CNBC, Kyiv, House, Omaha Beach, Anadolu, Council's Eurasia, Ukraine, Swiss, Democratic, Center for Locations: Paris, France, Switzerland, Peace, Ukraine, Swiss, Bürgenstock, Russia, China, Saudi Arabia, Brazil, India, South Africa, Turkey, Europe, Asia, Africa, Latin America, cyberattacks, Central, Eastern Europe, U.S, California, Hollywood, Moscow, Normandy, Ukrainian, Bern, Russian, Kharkiv

☆ Are Micah and Kaz from 'Perfect Match' season 2 still together?
▼ + stars: | 2024-06-14 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +4 min

Read previewMicah Lussier and Kaz Bishop's relationship seems to be over after the latest batch of "Perfect Match" episodes. She appears in the latest season of "Perfect Match," a Netflix crossover series in which fan favorites from other shows compete and date to find their partner. In episode two, Lussier pairs up with "Dated & Related" alum Kaz Bishop, and the pair wins two couples' challenges in the season. Kaz Bishop on his date with Holly Scarfone in "Perfect Match" season two. While we do not know exactly when "Perfect Match" season two was filmed, it was likely before the fall of 2023, when some contestants had other TV commitments.

Persons: —, Micah Lussier, Kaz Bishop's, Kaz Bishop, Bishop, Holly Scarfone, Lussier, Brittan Byrd, Byrd, Christine Obanor, Scarfone, Izzy Zapata, Micah Lussier's Organizations: Service, Netflix, Business, Netflix Netflix

☆ Are Harry and Jessica from 'Perfect Match' season 2 still together?
▼ + stars: | 2024-06-14 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +8 min

Read previewWarning: Spoilers ahead for the first six episodes of "Perfect Match" season two. Harry Jowsey and Jessica Vestal were matched together for a date by Kaz Bishop and Micah Lussier in "Perfect Match" season 2. However, these photographs may have been taken while the cast was filming "Perfect Match" season two since the series was filmed in Tulum. Vestal calls Jowsey a red flag in TikTok videosDom Gabriel, Stevan Ditter, Jessica Vestal, Harry Jowsey in "Perfect Match" season two. Fans will find out the truth when the "Perfect Match" season finale premieres on Netflix on June 21.

Persons: —, Harry Jowsey, Jessica Vestal, Kaz Bishop, Micah Lussier, Vestal, Jowsey, Melinda Berry, Holly Scarfone, Berry, PageSix, y'all, I'm, Rylee Arnold, Christopher Willard, Arnold, Dom Gabriel, Stevan Ditter, costars, Jess Organizations: Service, Netflix, Business, TMZ, ABC Locations: Mexico, Tulum, Vestal

A simple principle underpins a contentious Thursday decision by the U.S. and key allies to tap profits from Russian sovereign assets in support of Ukraine: Moscow must make reparations. Questions have also been raised over the legality of setting such a precedent: Russia has been cut off from its frozen assets, but retains their ownership. The proposal must now pass various legal hurdles and be backed by European states, where the majority of frozen Russian assets are held. Further loans secured against the interest accrued by Russian frozen assets could be forthcoming, U.S. Treasury Secretary Janet Yellen signaled on Thursday. The annual summit comes as most of the G7 leaders face their own domestic upheavals including national elections and falling approval ratings.

Persons: Charles Michel, CNBC's Steve Sedgwick, Joe Biden, Volodymyr Zelenskyy, Putin, we're, Biden, Michel, Janet Yellen, Yellen, We're, Russia's, Ursula von der Leyen, Georgia Meloni Organizations: U.S, West, . Security, Kyiv, Treasury, Bank, European Commission Locations: Ukraine, Moscow, Russia, Russian, Canada, France, Germany, Italy, Japan . U.S, Kuwait, U.S, Borgo Egnazia, Puglia

Seoul, South Korea CNN —The oldest member of the K-pop phenomenon BTS is spending his day hugging 1,000 fans, after finishing his mandatory military service in South Korea on Wednesday. Jin made his first public appearance at Seoul’s Jamsil Sports Complex this afternoon, where he is performing and meeting fans. Some BTS superfans – known as ARMY (Adorable Representative MC for Youth) – have journeyed from overseas to attend the BTS Festa event. “I wish to tell Jin if he comes to Thailand, can he hold a concert for seven days, because I love BTS so much,” Cheenchanya said. “BTS themselves pour out so much love – they put love into their music, into their personalities, their fans,” said Stoudnour.

Persons: Jin, –, Jin –, ” Cheenchanya, Holly Campbell, Ashley Stoudnour, ” Campbell, V, ”, ” Stoudnor, Anthony Wallace, Kim Yoon, jeong, Michelle Pedraza, They’ve, Louis Vuitton, Dior Organizations: South Korea CNN, Mim, CNN, BTS, Getty, Billboard Music Locations: Seoul, South Korea, Thailand, Melbourne, Australia, Florida, AFP, California

☆ European markets head for positive open ahead of Fed decision, U.S. inflation data
▼ + stars: | 2024-06-12 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New York City. LONDON — European stocks are expected to open higher Wednesday ahead of the latest U.S. Federal Reserve decision and inflation reading. The U.K.'s FTSE index is seen 29 points higher at 8,169, Germany's DAX 36 points higher at 18,408, France's CAC 40 up 13 points at 7,803 and Italy's FTSE MIB up 66 points at 33,946, according to IG. Investors have grown increasingly concerned that the recent strong jobs report and sticky inflation support a higher-for-longer interest rate environment. U.S. stock futures hovered near the flatline Tuesday night, while Asia-Pacific markets were mixed as investors assessed inflation data from around Asia.

Persons: Germany's DAX Organizations: New York Stock Exchange, LONDON, Federal, CAC, IG, U.S Locations: New York City, Asia, Pacific

☆ Trump and Biden campaigns go head-to-head with rival fundraisers in London
▼ + stars: | 2024-06-12 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Donald Trump pictured with right-wing British politician Nigel Farage during a campaign rally at the Mississippi Coliseum on Aug. 24, 2016. LONDON — Supporters of U.S. presidential candidates Donald Trump and Joe Biden will put their money where their mouths are at two rival fundraising events in London on Wednesday. "It seems to be the worst kept secret in London," Greg Swenson, spokesperson for Republicans Overseas UK, a campaign group for Trump's party, told CNBC over the phone. In the days after a Manhattan jury convicted the former president of 34 felony counts last month, the Trump campaign said it raised $141 million in donations. The pair have been visibly associated with Trump and Farage since at least April 2022, when Farage tweeted a picture of the group after a meal at Mar-a-Lago.

Persons: Donald Trump, Nigel Farage, Joe Biden, Donald Trump Jr, Kimberly Guilfoyle, Holly Valance, Nick Candy, Greg Swenson, Swenson, Trump, Farage, Matthew Elliott, Valance —, — Organizations: Mississippi Coliseum, LONDON, U.S, Fox News, Republican, Republicans Overseas UK, CNBC, Trump, Reform, Financial Times, Guardian, Reform UK Locations: British, London, Australian, Chelsea, Knightsbridge, U.S

☆ European stocks head for flat to higher open as markets turn to Fed, U.S. inflation data
▼ + stars: | 2024-06-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

LONDON — European stocks are expected to open flat to higher Tuesday as investors look ahead to the Federal Reserve's next meeting and U.S. inflation data. The U.K.'s FTSE index is expected to open unchanged at 8,223, Germany's DAX up 6 points at 18,493, France's CAC 40 up 21 points at 7,897 and Italy's FTSE MIB up 16 points at 34,568, according to IG. Regional markets fell on Monday as traders reacted to the EU Parliament elections and French President Emmanuel Macron's decision to call a snap election after the right-wing National Rally party made strong gains.

Persons: Germany's DAX, Emmanuel Macron's Organizations: Federal, CAC, IG, Regional

☆ Macron's snap election gamble in France resurfaces an old criticism — that he's arrogant
▼ + stars: | 2024-06-11 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +7 min

Left-leaning newspaper Liberation described the snap election call as an "extreme gamble," while the center-right Le Figaro ran a brief headline Monday: "Le choc" ("shock"). That happened well before the humiliation of the European election results, in which Macron's Renaissance party got less than half as many votes as the far-right Rassemblement National ... In the meantime, other commentators and newspapers, such as Les Echos, have characterized Macron's move as a game of poker. Macron's supporters defend the president as a self-made and ambitious man who has a direct way of speaking to voters. "First, he has interpreted the vote for the European Parliament as a personal insult, as a rejection of his domestic policy direction.

Persons: Emmanuel Macron, Xi Jinping, Ursula von der Leyen, Gonzalo Fuentes, Emmanuel Macron's, Macron, drubbing, Jordan Bardella, Le Figaro, Alexis Brézet, Fenoglio, Macron's, it's, Robert Ladrech, Chirac Organizations: Reuters, Macron's Renaissance Party, National Assembly, Le Monde, CNBC, Keele University Locations: Paris, France, what's, EU

☆ European markets head for lower open after surge for right-wing parties in EU election
▼ + stars: | 2024-06-10 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

An employee enters sliding doors decorated with the stars of the European Union (EU) flag at the Berlaymont building, headquarters of the European Commission (EC), in Brussels, Belgium, on Tuesday, Jan. 28, 2020. LONDON — European stocks are expected to open lower Monday as traders react to initial results from the EU Parliament elections which suggest far-right parties have surged in popularity. The U.K.'s FTSE index is seen 57 points lower at 8,193, Germany's DAX 45 points lower at 18,507, France's CAC 40 down 45 points at 7,952 and Italy's FTSE MIB 60 points lower at 34,629, according to IG. Regional markets will be focused on the results of EU parliamentary elections, which took place over the last few days. The EU election drama was rounded off Sunday evening when French President Emmanuel Macron called snap parliamentary elections later this month after suffering a heavy defeat in the EU vote.

Persons: Germany's DAX, Emmanuel Macron Organizations: European Union, European Commission, LONDON, CAC, IG, Regional Locations: Brussels, Belgium, Britain, EU

☆ 'Huge political gamble': France's Macron calls for snap election his rival Le Pen could easily win
▼ + stars: | 2024-06-10 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Chesnot | Getty Images News | Getty ImagesFrench President Emmanuel Macron's decision to call a snap national election after a surge for his far-right rivals is a high-stakes move and a huge political gamble, analysts say. Macron's decision to call a snap parliamentary vote comes after the right-wing National Rally (RN) party, led by Marine Le Pen, won around 31% of the vote in Sunday's European Parliament election. That was more than double the 14.6% seen for Macron's pro-European and centrist Renaissance Party and its allies. France's CAC 40 slumped 1.8% in the early hours of trading Monday morning with French banks trading sharply lower. "This is an essential time for clarification," Macron said in a national address Sunday evening as he announced his decision to dissolve parliament.

Persons: Emmanuel Macron, Emmanuel Macron's, Macron, Le Pen, Macron —, —, Daniel Hamilton, Johns Hopkins University SAIS, Antonio Barroso, Teneo, Barroso, Le, Douglas Yates, Yates Organizations: Getty, Getty Images, Marine, Sunday's, Renaissance Party, CAC, BNP, Societe Generale, Foreign, Institute, Johns Hopkins University, CNBC, Research, National Assembly, American Graduate School Locations: Chesnot, France, Paris

☆ War, what war? Putin looks to woo new business partners willing to overlook its invasion of Ukraine
▼ + stars: | 2024-06-07 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +5 min

Russian President Vladimir Putin is seen while visiting the Lakhta Center on June 5, 2024, in Saint Petersburg, Russia. Vladimir Putin visited a newly built Lakhta Center, a skyscraper of Gazprom, prior to his meetings at the Saint Petersburg International Economic Forum SPIEF 2024. Contributor | Getty Images News | Getty ImagesRussia's annual economic forum in St. Petersburg used to be known as the country's "Davos" in a nod to the World Economic Forum that's held in Switzerland every year. A view of the stand of the Russian private bank Alfa-Bank during the 27th St. Petersburg International Economic Forum in St. Petersburg, Russia on June 05, 2024. Guests from foreign countries seen during the first day of the St. Petersburg International Economic Forum 2024.

Persons: Vladimir Putin, SPIEF, Max Hess, Peter Szijjarto, There's, Vladimir Putin's, Yuri Ushakov, Putin, anders Pettersson Organizations: Lakhta Center, Saint Petersburg, Economic, Getty, St ., Economic Forum, Foreign Policy Research Institute, CNBC, Hungarian Foreign, Alfa, Bank, Anadolu, West, International Monetary Fund, U.S, Brics Locations: Saint Petersburg, Russia, Gazprom, St . Petersburg, Davos, Switzerland, Ukraine, Asia, Latin America, Africa, Eastern Europe, Slovakia, Hungary, Hungarian, St, Moscow, Russian, Germany, France, India, China, Johannesburg, South Africa

☆ Putin says America is 'burning from the inside' and U.S. courts are being used by Trump's rivals
▼ + stars: | 2024-06-06 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +2 min

Russian President Vladimir Putin lambasted the U.S. judicial system, saying it was being used by former U.S. leader Donald Trump's political enemies to pursue the Republican presidential nominee. "They [the U.S.] are burning themselves from the inside, their state, their political system," Putin told media editors at the St Petersburg International Economic Forum on Wednesday. Trump denied all the charges and slammed the court proceedings as a "rigged, disgraceful trial." Back in February, Putin said he preferred Biden to be the next U.S. president, describing him as a more experienced and more predictable" politician. On Wednesday, he told journalists that Biden was "an old-school politician" while playing down his support for Trump's campaign.

Persons: Vladimir Putin, Donald Trump's, Putin, Trump, Joe Biden, Biden, Mr Trump Organizations: U.S, Republican, St Petersburg, Economic, Reuters, CNBC, U.S . Department of Justice, New Locations: U.S, New York, Moscow, Russia

☆ European stocks set for higher open as markets anticipate first ECB rate cut since 2019
▼ + stars: | 2024-06-06 | by ( Holly Ellyatt | ) www.cnbc.com time to read: 1 min

A sculpture of the Euro currency stands in the city centre of Frankfurt am Main, western Germany, on January 25, 2024. European stocks are expected to open higher on Thursday, with traders anticipating that the European Central Bank will cut borrowing costs for the euro area for the first time since September 2019. The U.K.'s FTSE index is seen opening 27 points higher at 8,270, Germany's DAX 75 points higher at 18,642, France's CAC 40 up 28 points at 8,032 and Italy's FTSE MIB 139 points higher at 34,711, according to data from IG.

Persons: Germany's DAX Organizations: European Central Bank, CAC, IG Locations: Frankfurt, Germany

☆ Slamming China over its stance on Russia and the war, Ukraine might have made a big miscalculation
▼ + stars: | 2024-06-06 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +6 min

Ukrainian President Volodymyr Zelenskyy's very public criticism of China over its relationship with Russia and cool stance toward a forthcoming peace summit could end up backfiring on Kyiv, analysts say. China analysts say Zelenskyy's outburst was a risky move that could antagonize and alienate Beijing — and push it closer to Russia. Russian President Vladimir Putin and Chinese President Xi Jinping bid farewell at the end of talks in Beijing, China May 16, 2024. China confirmed last week that it would not send a delegation to the Ukraine peace summit set to be held at the Bürgenstock resort above Lake Lucerne, saying the event does not meet its expectations that both Russia and Ukraine take part. Ukraine's President Volodymyr Zelenskyy speaks with Chinese President Xi Jinping via phone line, in Kyiv on April 26, 2023.

Persons: Volodymyr Zelenskyy's, Zelenskyy, Volodymyr Zelenskyy, Edgar Su, Astrid Nordin, Putin, Xi Jinping, Vladimir Putin, Mikhail Metzel, it's, Mao Ning, Bonnie Glaser, Glaser, Xi, Joe Biden, Kamala Harris, Jake Sullivan, Volodymyr Zelenskiy, Leah Millis Organizations: Beijing, Reuters, Ministry, Chinese International Relations, King's College London, CNBC, Putin, Russian, Via Reuters, Presidential Press Service, Foreign, Asia, German Marshall Fund of, National Security, White Locations: China, Russia, Kyiv, Singapore, Ukraine, Moscow, Switzerland, Reuters China, Beijing, Via, Via Reuters China, Lake Lucerne, United States, Saudi Arabia, California, Hollywood, Moscow . U.S, Washington , U.S

☆ European markets head for a higher open as investors look ahead to ECB meeting
▼ + stars: | 2024-06-05 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European stocks are expected to open higher Wednesday, with investors in the region looking ahead to the next meeting of the European Central Bank (ECB). The U.K.'s FTSE index is seen opening 42 points higher at 8,274, Germany's DAX up 88 points at 18,501, France's CAC 40 up 46 points at 7,983 and Italy's FTSE MIB 174 points higher at 34,491, according to data from IG. Investors will be keeping an eye on earnings from Spanish clothing company Inditex. On the data front, final purchasing managers' index (PMI) data for the euro zone in May, a measure of services and manufacturing activity in the single currency area, is due. The ECB is widely expected to cut interest rates for the first time since 2019 when policymakers meet on Thursday, but investors will watch closely to see whether a slightly higher-than-expected euro zone inflation print released last Friday will affect the central bank's decision-making.

Persons: Germany's DAX Organizations: European Central Bank, CAC, IG, Investors, ECB

☆ AI hype continues to fuel market returns, says Neuberger's Holly Newman Kroft
▼ + stars: | 2024-06-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI hype continues to fuel market returns, says Neuberger's Holly Newman KroftHolly Newman Kroft, Neuberger Berman private wealth managing director, joins 'Money Movers' to discuss whether Kroft is buying the current market momentum, what the managing director tells clients to do, and more.

Persons: Neuberger's Holly Newman, Holly Newman Kroft, Neuberger Berman

☆ Kremlin denies Olympics disinformation campaign, calls Microsoft allegation slanderous
▼ + stars: | 2024-06-04 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +3 min

Kremlin spokesman Dmitry Peskov attends the 8th Russian-Chinese EXPO and the 4th Russian-Chinese Forum on Interregional Cooperation in Harbin, China, May 17, 2024. Sergei Bobylyov | Via ReutersThe Kremlin denied an allegation that it is waging a disinformation campaign against France, its president and the 2024 Olympic Games in Paris. The Microsoft Threat Analysis Center, or MTAC, said Sunday that "Russia is ramping up malign disinformation campaigns against France, French President Emmanuel Macron, the International Olympic Committee (IOC), and this summer's Olympic Games in Paris." On Tuesday, Kremlin press secretary Dmitry Peskov characterized the MTAC's accusations against Russia as slander, news agency RIA Novosti reported. Russian President Vladimir Putin claimed Ukraine's losses are eight times higher than those of Russia during an interview with Chinese media.

Persons: Dmitry Peskov, Sergei Bobylyov, Emmanuel Macron, Peskov, Macron, Vladimir Putin, Ludovic Marin Organizations: Interregional Cooperation, Reuters, Kremlin, France, Microsoft, International Olympic Committee, IOC, RIA Novosti, Olympic Games, Russian, NATO, Afp, Getty Locations: Russian, Harbin, China, Paris, Russia, France, Ukraine, Belarusian

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