
Europe’s Climate Momentum Under Threat as Bloc Votes on Key Bill
One of the last remaining pillars of the European Union’s blockbuster green deal is at risk of collapse
1970-01-01 08:00

ECB Seen Headed for Goldilocks Moment With Rate Path Just Right
The European Central Bank will neither raise interest rates too far nor stop lifting them too early, according
1970-01-01 08:00

Odey’s Hedge Fund Responds to Sexual Assault Allegations in FT
Odey Asset Management responded for the first time since a Financial Times investigation published allegations of sexual assault
1970-01-01 08:00

China Lobbies EU on Proposal to Punish Firms Aiding Russia
China is putting pressure on the European Union behind closed doors to scrap proposed trade restrictions on Chinese
1970-01-01 08:00

Binance.US Set to Be Cut Off From Banking System After SEC Suit
Binance.US is being cut off from its banking partners in the fallout from a US Securities and Exchange
1970-01-01 08:00

Credit Suisse Loses Two More Investment Bankers in US to Rivals
The tally of Credit Suisse Group AG investment bankers in the US leaving for rivals ahead of the
1970-01-01 08:00

Oil Set for Second Weekly Drop as Demand Concerns Return to Fore
Oil headed for a second weekly drop as demand concerns returned to the fore, snuffing out gains driven
1970-01-01 08:00

Erdogan Names New Central Bank Governor Who May End Unusual Policies
Turkish President Recep Tayyip Erdogan named Hafize Gaye Erkan as the new central bank governor, replacing Sahap Kavcioglu
1970-01-01 08:00

Taiwan foreign minister to make Europe trip next week -sources
By Ben Blanchard and Robert Muller TAIPEI/PRAGUE (Reuters) -Taiwan Foreign Minister Joseph Wu will make a previously unannounced visit to
1970-01-01 08:00

Spain’s Far-Left Not Enough To Save PM Sanchez’s Job, Poll Finds
Spain’s leading opposition party is set to hand Prime Minister Pedro Sanchez a scathing defeat in a national
1970-01-01 08:00

Taylor Swift, Drake May See Streaming Pay Rise Under New Plan
Universal Music Group NV, the world’s largest record company, is talking with the music service SoundCloud Ltd. about
1970-01-01 08:00

Ukraine goes on the attack in Zaporizhzhia – as counteroffensive steps up
A significant Ukrainian force has launched an assault on Russian lines in the southern Zaporizhzhia region – with a surge in attacks that points towards its counteroffensive shifting into high gear. A number of US and Ukrainian officials suggested this was the start in earnest of Kyiv's bid to reclaim territory lost to Russian occupation during Moscow's invasion. Ukraine's commanders and government have always said there would be no official announcement of the start of the counteroffensive and there has already been an increase in military activity all week. The combat against Russian positions – including intense fighting outside of the town of Tokmak, a Russian logistical hub – is said to involve Western-supplied tanks, armoured vehicles and infantry backed by artillery. The Kremlin has repeatedly claimed to have repelled Ukrainian attacks – that it calls the counteroffensive – across various points of the war's frontlines for a number of days, but Russian military bloggers noted an increase in clashes overnight Wednesday and into Thursday. One said: “Wave after wave of the enemy is trying to break through our defence." Appearing to confirm an operation was underway, the Ukrainian deputy defence minister, Hanna Maliar, said Russia was “actively on the defensive” in the Orihiv area of Zaporizhzhia region. Citing two unnamed Ukrainian officials, including a source close to Ukrainian President Volodymyr Zelensky, ABC News reported that the offensive was truly beginning. Reports from other US outlets citing both Ukrainian and US officials, all speaking anonymously, said similar things. But when asked about these reports, a spokesperson for the General Staff of the Ukrainian Armed Forces told Reuters: "We have no such information." Video footage appearing on social media appeared to suggest that that German-made Leopard 2 tanks were involved in the battle. Russian Colonel General Alexander Romanchuk claimed, without providing evidence, that Moscow's forces had destroyed three Leopard tanks. The officer also said that the general in charge of Russia’s troops in Ukraine, chief of the general staff Valery Gerasimov, briefed President Vladimir Putin on the battles in Zaporizhzhia. Russian Defense Minister Sergei Shoigu also claimed that country's forces had driven back Ukrainian troops trying to punch through defensive lines in the Zaporizhzhia region – after a two-hour battle involving what he said was up to 1,500 Ukrainian soldiers and 150 armored vehicles. The Kremlin has a habit of inflating such numbers and the fog of war obscures a significant proportion of what happens on the frontlines. Zaporizhzhia – one of four partly occupied regions illegally annexed by the Kremlin – has long been seen as a likely point of a main Ukrainian strike, but Kyiv has worked to mask its plans by launching attacks on multiple points across the vast frontlines. Zaporizhzhia is part of the land corridor that Moscow has sought to create between Ukrainian's industrial heartland and the Crimean Peninsula, which the Kremlin annexed in 2014. For Ukraine, breaking or disrupting that land bridge will likely be one of the main aims of the offensive. The Institute for the Study of War, a US-based thinktank that tracks the war in daily updates, said it had concluded on Thursday that the Ukrainian counteroffensive "has begun". “Activity throughout Ukraine is consistent with a variety of indicators that Ukrainian counteroffensive operations are under way across the theatre,” the organisation tweeted. Reuters and Associated Press contributed to this report Read More The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary Rishi Sunak and Joe Biden stress ‘unwavering support’ for Ukraine Renowned human rights campaigner Oleg Orlov on trial for “discrediting” Russian military Ukraine tells ‘clown’ Tucker Carlson to check his facts after pro-Kremlin rant
1970-01-01 08:00