By Sarupya Ganguly BENGALURU The dollar's strength will be difficult to overcome for most major currencies by year-end,

Lewis Hamilton has criticised Red Bull’s decision to axe Nyck De Vries after just 10 races. Daniel Ricciardo has been handed a second chance in Formula One, replacing De Vries at Red Bull’s junior team AlphaTauri for the concluding dozen rounds of the year, starting at the Hungarian Grand Prix on Sunday. De Vries, 28, crashed on multiple occasions and failed to score a single point, with a best finish of 12th in Monaco, before he was handed his marching orders by Red Bull’s ruthless motorsport adviser Helmut Marko 48 hours after he finished 17th and last at the British Grand Prix. “I am not surprised to see Daniel back but I was surprised to see the decision they took for poor Nyck,” said Hamilton at the Hungaroring. “He is such a talented young man and a nice guy. The future is bright for him and there will be opportunities for the future. But that is how Red Bull do it.” When it was suggested to Hamilton that De Vries’ dismissal is a reminder of how F1 works, the seven-time world champion replied: “I would say that is how Red Bull work.” Ricciardo’s career looked to be all but over after he was dumped by McLaren following two underwhelming seasons with the British team. But the popular 34-year-old impressed in a test at Silverstone for Red Bull last Tuesday, and given Sergio Perez’s torrid run of form – which has seen him fall 99 points adrift of team-mate Max Verstappen – AlphaTauri’s move to hire the Australian will fuel speculation that he could land a return to the team which carried him to seven of his eight victories. Speaking at the world champions’ packed motorhome earlier on Thursday, Ricciardo said: “The dream is a Red Bull seat, but there is no ‘this is what you need to do’ to achieve that. “Given what has happened over the past few years and taking time off, I knew it would be hard to get back in at the top. “Of course that was my wish, but you need to be realistic, and if I want to get back into Red Bull it will be a process, and this is the best path for me at the moment. Ricciardo’s reputation in the sport is on the line following his poor period with McLaren which saw the British team move to cancel his contract. Ricciardo failed to land a seat for the 2023 campaign and instead elected to return to Red Bull as a reserve driver. But he might struggle to impress with a team currently rooted to the foot of the constructors’ table, taking just two points all season. However, Ricciardo added: “Over the past few years, I started falling into a trap where I believed the car does not suit me and you can be your own worst enemy. I know this car will have limitations but I will work with that. “Getting this opportunity is a chance to make things better. That is why I am excited to get back behind the wheel and show my true self. “I had enough time off to reset and also enjoy it again. Six months ago, I wasn’t at a place to jump at an opportunity like this but that has been the luxury of time. “I have fallen in love with it again and I feel myself in an environment that provides me with a lot of nostalgia, so when the opportunity came along it was like, ‘let’s try it’.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Daniel Ricciardo dreaming of Red Bull return ahead of F1 comeback How does Max Verstappen and Red Bull compare to the greats of Formula One? Lando Norris ‘honoured’ to join Lewis Hamilton in battle for Formula One glory

U.S. futures fell on Friday as the yield on 10-year government bonds surged following the hawkish tone by

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Britain’s military chief has defended Ukraine’s counteroffensive and said its troops “continue to hold the initiative” amid criticism that the pushback against the Russian invasion is moving slowly. The comments have also come as the war-hit nation’s deputy defence minister on Thursday said “good news” had emerged in the eastern front of the battlefield. “In the north, they are holding and fixing Russian forces there and in the south they are making progress between 10km and 20km, depending on how you judge it,” Sir Tony Radakin was quoted as saying by The Guardian at the DSEI arms fair in London. “The idea that war is neat and tidy, and you can plan and predict it to the nth degree is nonsense,” said Britain’s most senior military officer. He said progress of the counteroffensive could not be measured by a predictable timetable and warned the UK is vulnerable to a potential missile or drone attack as he pushed for a further discussion on improving homeland security. There is an “aggressive world out there in terms of state threats”, he said, pointing out it is now easy to “get close to a country and fly drones in”. British armed forces were “having a bigger conversation about homeland defences”, the chief of the defence staff said and asked whether within that “we need to have a conversation about integrated missile defence”. Admiral Radakin has been closely monitoring the war with communication lines to Ukraine’s most senior military commander Valerii Zaluzhnyi. The comments come a week after Nato secretary-general Jens Stoltenberg shot back at recent criticism of “slow” counteroffensive from Ukrainian troops as he pointed out the numbers of mines in the battlefield Ukraine is encountering are at a historic high. “The starting point is that the Russian army used to be the second strongest in the world. And now the Russian army is the second strongest in Ukraine. That’s quite impressive by Ukrainians,” he said. “No one ever said that this was going to be easy,” Mr Stoltenberg told lawmakers at the European parliament earlier this month. “Hardly any time in history we have seen more mines on the battlefield than we are seeing in Ukraine today. So it was obvious that this was going to be extremely difficult. “The Ukrainians are gradually gaining ground. They have been able to breach the defensive lines of the Russian forces, and they are moving forward,” he said. Ukrainian officials said the war being fought in the country is unlike any other, as its air space has not been shut down and it does not have top-tier warplanes like F-16s. Last month, several US and other Western officials suggested the grinding war’s counteroffensive stage was falling short of expectations – but did not choose to be quoted on their claims. Some officials pointed holes in Ukraine’s strategy and blamed it for concentrating its forces in the wrong places. The counteroffensive has been backed by billions of dollars’ worth of Western military equipment. Read More Just 14 UK tanks for Ukraine? We must do better than that Sunak says Russian leader ‘doesn’t want to be held accountable’ at G20 US sends Ukraine controversial depleted uranium weapons that can pierce tank armour Zelensky needed to sack his defence minister – but it goes beyond just corruption scandals From Challenger to Leopard: How Ukraine’s tanks compare to Russia’s

Chinese technology shares surged Wednesday after Huawei Technologies Co. surprised investors by debuting a 6,999 yuan ($960) smartphone,