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List of All Articles with Tag 'euro'

Goldman Sachs lifts Europe Inc's 2023 profit growth forecast to 3%
Goldman Sachs lifts Europe Inc's 2023 profit growth forecast to 3%
Goldman Sachs said on Tuesday it expects earnings for companies in the pan-European STOXX 600 index to grow
1970-01-01 08:00
Putin arrives in China on rare trip abroad to meet ‘dear friend’ Xi Jinping
Putin arrives in China on rare trip abroad to meet ‘dear friend’ Xi Jinping
Vladimir Putin arrived in Beijing on Tuesday for a rare trip abroad to join ally China in marking the 10th anniversary of an international cooperation forum. The two-day visit is only his second known trip abroad since the Hague-based International Criminal Court (ICC) issued an arrest warrant for the Russian leader in March over Ukraine war crime allegations. The Russian president and his Chinese counterpart Xi Jinping are holding talks to bolster their shared trade and security amid Western sanctions against Moscow over Mr Putin’s invasion of Ukraine. Several other world leaders also arrived in Beijing for the Belt and Road Initiative (BRI) forum championed by Mr Xi, including Vietnam’s president Vo Van Thuong, but Mr Putin is being heralded as the talks’ chief guest. The Russian presidential entourage was greeted by Chinese commerce minister Wang Wentao after Mr Putin’s plane touched down at the Beijing Capital International Airport on Tuesday. Beijing has supported Russia in rejecting resolutions on Ukraine in the United Nations Security Council, part of Western efforts to isolate Russia over the war. China has rejected Western criticism of its close partnership with Russia in spite of the war in Ukraine, which entered its 600th day on Monday. Mr Putin is expected to hold bilateral meetings with his counterparts from Vietnam, Thailand, Mongolia and Laos on Tuesday and attend the forum’s official opening reception hosted by Mr Xi, Tass news agency reported. On Wednesday, he will address the forum after Mr Xi as the chief guest and will meet the Chinese president for talks after. Before embarking on the trip, Mr Putin said in an interview with CCTV that he had met with Xi more than 40 times so far and the two have “many fond memories”. He praised China’s ambitious BRI project and said contrary to the West’s perception, Beijing was seeking cooperation and not to “put someone under its thumb”. China launched its signature BRI project in 2013 and funded $900bn in infrastructure and other projects to connect Asia with Africa and Europe through overland and maritime routes. The project has since faced many challenges, including concerns about debt sustainability and the impact of China’s economic slowdown. Mr Putin said his meeting with Mr Xi would encompass talks on Belt and Road-related projects, which he said Moscow wanted to link with efforts by an economic alliance of ex-Soviet Union nations mostly located in Central Asia to “achieve common development goal”. This is his second visit outside Russia after his visit to Kyrgyzstan, a former Soviet republic, earlier this month. The ICC accused Mr Putin of committing a war crime by “illegally deporting children from Ukraine”. The ICC obliges the court’s 123 member states to arrest Mr Putin and transfer him to The Hague for trial if he sets foot on their territory. The Kremlin leader last visited China for the Beijing Winter Olympics in February 2022 when Mr Xi declared a “no-limits" partnership with Russia. Mr Xi met Mr Putin in March during a three-day trip to Moscow amid the Pentagon’s fears of Beijing’s potential military cooperation between the two countries for supplying weapons to be used in Ukraine. They greeted one another as “dear friend” when they met in the Kremlin, and held informal talks for over four hours. Read More Russia mounts ‘intensive’ offensive to break ‘powerful’ Ukrainian defences in Kupiansk-Lyman Ukraine-Russia war – live: Putin suffers serious losses in largest offensive in months Viral hate and misinformation amid Israel-Hamas crisis renew fears of real-world violence
1970-01-01 08:00
South Africa Says It Can Raise $60 Billion for Its Transition to Green Energy
South Africa Says It Can Raise $60 Billion for Its Transition to Green Energy
South Africa may be able to raise as much as 1.13 trillion rand ($60 billion) over the next
1970-01-01 08:00
Goldman Boss David Solomon Ditches His High-Profile DJ Gigs
Goldman Boss David Solomon Ditches His High-Profile DJ Gigs
David Solomon has decided to no longer DJ at high-profile events, an early retirement for a highly visible
1970-01-01 08:00
Ukraine-Russia war – live: Putin’s latest assault weakens as Moscow denies accepting North Korea weapons
Ukraine-Russia war – live: Putin’s latest assault weakens as Moscow denies accepting North Korea weapons
Russia has lost 127 tanks, 239 armoured personnel vehicles (APVs) and 161 artillery systems in a week, Kyiv has said as Vladimir Putin launches a sustained assault in the east of Ukraine. Moscow’s forces lost eight tanks, 25 APVs and 33 artillery systems in the past day, Ukraine’s General Staff said on Sunday. The Independent cannot independently confirm Kyiv’s numbers which come after Putin claimed Ukraine‘s counteroffensive “completely failed”. “As for the counteroffensive, which is allegedly stalling, it has failed completely,” Putin said in video remarks posted to social media by a Kremlin journalist Pavel Zarubin. Russia currently controls about 17.5% of Ukrainian territory and a four-month-old Ukrainian counteroffensive this year has resulted in almost no net territorial gains. Read More Russian attacks kill six in Ukraine as Kyiv ramps up drone counter strikes Russian governor reported to police for speaking out over Putin’s ‘unnecessary’ war against Ukraine Ukrainian forces release video of downed Russian Mi-8 helicopter: ‘It burns beautifully’
1970-01-01 08:00
St. James’s Place Says Fee Revamp to Reduce Underlying Cash
St. James’s Place Says Fee Revamp to Reduce Underlying Cash
St. James’s Place Plc said it’s revamping its fee structure after coming under pressure to review the way
1970-01-01 08:00
Jupiter’s Clients Pull Cash With £1 Billion of Net Outflows
Jupiter’s Clients Pull Cash With £1 Billion of Net Outflows
Jupiter Fund Management Plc reported client outflows in the quarter, dragging down assets under management. Clients pulled £1
1970-01-01 08:00
Heathrow, Airlines Lose Bulk of Appeal Against Passenger Fee Cut
Heathrow, Airlines Lose Bulk of Appeal Against Passenger Fee Cut
London’s Heathrow Airport and three major airlines lost the bulk of their appeal against an order by the
1970-01-01 08:00
Belgian Police Hunt for Suspected Terrorist Who Killed Two
Belgian Police Hunt for Suspected Terrorist Who Killed Two
Belgian police are searching Tuesday for a Tunisian man who killed two Swedish football fans as they investigate
1970-01-01 08:00
Ericsson Says Weakness Persists in Quarter After Sales Miss
Ericsson Says Weakness Persists in Quarter After Sales Miss
Ericsson AB said market weakness that has depressed sales will persist into the fourth quarter as the company
1970-01-01 08:00
Brussels shooting live: Two Swedes shot dead as Belgium police hunt terror attack gunman
Brussels shooting live: Two Swedes shot dead as Belgium police hunt terror attack gunman
Two Swedes were killed in Brussels after a gunman opened fire in the city centre, police have said. Footage shared online showed a man dressed in an orange jacket unloading several shots, using a large weapon. The bearded man was reportedly seen leaving the crime scene on a scooter. The violent incident came ahead of a qualifier game for the UEFA Euros between Sweden and Belgium at the Heysel Stadium, some three miles away. The second half of the match was later called off after players reportedly refused to return to the field. A message from the Swedish FA, sent to supporters advised fans to remain inside the stadium. Belgian prime minister Alexander De Croo told reporters that “the perpetrator is said to be a man of Tunisian origin who was staying illegally in our country”. “Two lives were cut short, mown down by the most extreme cruelty. Our thoughts go out to the victims, their loved ones, their relatives. We offer our condolences,” he added. Read More Gunman at large after fatally shooting two people in Brussels Belgium stadium on lockdown with thousands of fans held inside after Brussels shooting Soccer match between Belgium and Sweden suspended after deadly shooting in Brussels
1970-01-01 08:00
Russia mounts ‘intensive’ offensive to break ‘powerful’ Ukrainian defences in Kupiansk-Lyman
Russia mounts ‘intensive’ offensive to break ‘powerful’ Ukrainian defences in Kupiansk-Lyman
Russia has intensified its offensive in northeastern Ukraine to break through its heavily fortified defence and recapture the Kupiansk-Lyman area. The Russian Army is preparing for “serious offensive actions” and sending more staff in Kupiansk-Lyman, commander of the Ukrainian ground forces Oleksandr Syrskyi said. The fighting had "significantly escalated", he said, adding, "The main goal is to break through our troops’ defences and recapture our territory". But Ukraine’s eastern forces said president Volodymyr Zelensky’s forces were putting up a tough fight from well-entrenched troops, forcing Russian soldiers to retreat. “Our fortifications there are quite reliable. We have a powerful, dug-in position,” Ilia Yevlash, spokesperson for Ukraine’s forces in the east, told Ukrainian television. “So the enemy got it right in the teeth and retreated in order to regroup.” Russia captured the northeastern towns near Ukraine’s second-largest city of Kharkiv when the invasion began but Ukrainian forces recaptured the areas last year, evicting invading forces from some parts of the country’s Donbas industrial heartland. Its recapturing marked a significant step in the Ukrainian offensive to defend its territories. The Russian defence ministry acknowledged that it launched an “intense military activity” in the area and repelled 10 Ukrainian attacks in the Kupiansk area and two more in adjacent Lyman. In June, Ukraine initiated a counteroffensive with the primary objective of reclaiming territory in the eastern region, notably in the vicinity of Bakhmut, which had fallen under Russian control in May. Their strategy also involved advancing southward toward the Sea of Azov. The Ukrainian military primarily achieved gradual progress, disregarding criticism from certain Western observers who contended that the offensive was proceeding too slowly. Over the past week, the focus on the eastern front has shifted from Bakhmut to Avdiivka, a town located further southwest renowned for its substantial coking plant. The leading local authority in Avdiivka said there was a temporary calm in the city but they anticipated a forthcoming assault. “Shelling has diminished, there was less today,” Vitaliy Barabash, head of Avdiivka’s military administration, told national television, while noting that two people were killed in a nearby village. “We expect there will be new waves of heavy attacks in the days to come.” Read More Ukraine-Russia war – live: Putin suffers serious losses in largest offensive in months Sushi standoff spreads as Russia joins China in banning Japanese seafood Russian governor reported to police for speaking out over Putin’s ‘unnecessary’ war against Ukraine The Body in the Woods | An Independent TV Original Documentary The harrowing discovery at centre of The Independent’s new documentary
1970-01-01 08:00
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