US allies accuse Russia of ‘escalating hybrid activities’ against NATO, EU nations after data cables severed

U.S. allies in Europe allege Russia is “escalating hybrid activities” against NATO and EU nations following the severing of two data cables in the Baltic Sea.  The declaration comes as Moscow says Ukrainian forces have fired six U.S.-made missiles into Russian territory on Tuesday. In the two days beforehand, the cables linking Finland to Germany…

Morgan Stanley sees 25% upside in new autonomous driving pure play

Autonomous driving technology company WeRide has plenty of room to grow as a result of its early-mover advantage in the global self-driving market, according to Morgan Stanley, which brought the firm public in an IPO last month at $15.50 a share . Analyst Tim Hsiao initiated research coverage of Guangzhou, China-based WeRide with an overweight…

Bose buys McIntosh, storied maker of high-end luxury audio equipment

The BOSE display at the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska. David A. Grogan | CNBC Bose Corp. will purchase the McIntosh Group, a deal that will give the Massachusetts-based company control of one of the most storied names in high-end audio. McIntosh will continue to manufacture the high-end audio equipment it is…

Brazil arrests soldiers suspected of 2022 plot to kill President Lula

Police in Brazil have arrested five people suspected of planning to kill Luiz Inácio Lula da Silva shortly before he was sworn in as president. Four of those detained on Tuesday are soldiers and one is a police officer, local media reported. The five were allegedly part of a plot to kill President-elect Lula and…

Russia-U.S. tensions hit markets as Putin lowers threshold for nuclear strike

Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia.  Contributor | Getty Images News | Getty Images Global stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world’s two largest nuclear powers: Russia and…

Ukraine fires first barrage of US-made long-range missiles into Russia, Kremlin says

Moscow says Ukrainian forces have taken advantage of President Biden’s green light and launched 6 U.S.-made ATACMs into Russian territory Tuesday. Russia says it shot down five of the missiles and damaged the sixth. It added that debris landed in the area of a Russian military facility, but that no casualties or damage beyond a…

Russia says Ukraine attacked it using U.S.-made missiles

Moscow signaled to the West that it’s ready for a nuclear confrontation after Ukraine was given permission to attack Russian territory — and appeared to quickly act on that greenlight — using U.S.-made long-range missiles. Kyiv appeared to waste little time after reportedly being given the go-ahead by Washington Sunday to use U.S.-made ATACMS missiles…

Ukraine uses US long-range missiles for first time, says Russia

Russia has said Ukraine fired US-supplied long-range missiles into the country for the first time on Tuesday. Ukraine used Atacms missiles in a strike on Russia’s Bryansk region this morning, the ministry of defence in Moscow said. Five missiles were shot down and one damaged, with its fragments causing a fire at a military facility…

45 pro-democracy Hong Kong activists sentenced to up to 10 years in prison under China-backed law

Authorities in Hong Kong sentenced 45 prominent pro-democracy activists to up to 10 years in prison on Tuesday for violating a wide-ranging national security law imposed on the area by China. The activists are accused of agreeing to veto government-proposed budgets indiscriminately after securing a majority to force a dissolution of the legislature and ultimate…

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