Tesla CEO Elon Musk met with Indian Prime Minister Narendra Modi. Musk said he is a “fan” of Modi and discussed potential investment by Tesla in India, CNBC’s Arjun Kharpal reports.
Alibaba CEO Daniel Zhang plans to step down from his role in September. Eddie Wu will take over as CEO, and Joe Tsai will become chairman. Both Wu and Tsai are Alibaba veterans and close confidants of founder Jack Ma. CNBC’s Arjun Kharpal breaks down the moves.
Speaking to CNBC’s Phil LeBeau at the Paris Air Show, Qatar Airlines CEO Akbar Al Baker discusses the industry’s carbon emissions targets saying: “It’s not going to happen.”
Salman Ahmed, global head of macro and strategic asset allocation at Fidelity International, says the investor has turned more defensive ahead of a potential recession later this year and concerns over company valuations.
French President Emmanuel Macron discusses the country’s artificial intelligence push and calls for global regulation around the fast-growing technology.