
European Stocks Steady Ahead of Fed While Energy Stocks Rise
European stocks edged slightly higher after Monday’s drop, with investors wary of making bets ahead of this week’s
1970-01-01 08:00

Putin still has ‘well over 200,000 troops’ in occupied Ukraine, top US general says
Ukraine could take time to “kick out” over 200,000 of Vladimir Putin’s troops from its soil even if its military counteroffensive achieves all its goals, a soon-to-retire US military general has claimed in a new interview. The comments come as Ukraine has stepped up its counteroffensive against Russia in the last few days by retaking a couple of key villages near battle-worn Bakhmut and launched joint intelligence ops in Crimea, the territory Moscow illegally annexed in 2014. “There’s well over 200,000 Russian troops in Russian-occupied Ukraine,” General Mark A Milley, who is set to retire as the chairman of the US Joint Chiefs of Staff, said in an “exit interview” to CNN. “This offensive, although significant has operational and tactical objectives that are limited in the sense that they do not – even if they are fully achieved – they do not completely kick out all the Russians, which is the broader strategic objective that president Zelensky has,” he said. Ejecting Russian soldiers from the entirety of Ukraine is going to take a long time and will be “a very significant effort over a considerable amount of time”, Mr Milley said. The general said he doesn’t want to “put a time on it because a lot of things can happen in a war”. “You could see a general collapse, you can see escalation, you could see a lot of different things happen in the future, but I can tell you that it will take a considerable length of time to militarily eject all 200,000 plus Russian troops out of Russian-occupied Ukraine. That’s a very high bar, that’s gonna take a long time to do it,” he said. Earlier this month, Mr Milley said Ukraine only has around 45 days left before poor weather conditions hinder its continuing counteroffensive. It will become “very difficult to manoeuvre” once it starts raining, according to the head of the US military. “That offensive kicked off about 90 days ago,” he said, referring to recent criticism about the counteroffensive. “It has gone slower than the planners anticipated. But that is a difference between what (Prussian general and military theorist Carl von) Clausewitz called war on paper and real war,” he said. “So these are real people in real vehicles that are fighting through real minefields, and there’s real death and destruction, and there’s real friction. “And there’s still a reasonable amount of time – probably about 30 to 45 days’ worth of fighting weather left. So the Ukrainians aren’t done,” he said. “This battle is not done. They haven’t finished the fighting part of what they’re trying to accomplish. So, we’ll see… It’s too early to say how this is going to end. They at least have achieved partial success in what they set out to do, and that’s important. And then the rains will come in. It’ll become very muddy,” he said. “It’ll be very difficult to manoeuvre at that point, and then you’ll get the deep winter, and then, at that point, we’ll see where things go. “But right now it is way too early to say that this offensive has failed or not failed.” In the same interview, Admiral Sir Tony Radakin, the UK’s Chief of the Defence Staff, said Ukraine is “winning” because Russia failed to bring the country under its control. The Ukrainian counteroffensive is now in its fourth month and its forces have now had a series of territorial successes against Russian forces, including closing in on the country’s eastern areas from multiple directions. Russia had invaded Ukraine in February last year. Ukraine’s pushback, backed by its Western allies who have poured help through modern machinery and funds, has so far been marked by small victories and is awaiting more major breakthroughs. Read More Ukraine-Russia war – live: Putin launches attack on Lviv as Russian defences breached near Bakhmut villages Ukraine’s Zelensky questions why Russia still has place at UN ahead of New York address Explosions shake Lviv as western Ukraine under air raid alerts for Russian drone strikes Ukrainian troops claim to have liberated Bakhmut village from Russia UNGA Briefing: Biden, Zelenskyy and what else is going on at the United Nations
1970-01-01 08:00

FCA Finds No Evidence Banks Rejected Politicians Over Views
A Financial Conduct Authority review has found no evidence that politicians are being denied bank accounts due to
1970-01-01 08:00

Watch live as US defence secretary Lloyd Austin delivers remarks ahead of Ukraine summit in Germany
Watch live as US secretary of defense Lloyd J. Austin makes opening remarks before he hosts an in-person Ukraine Defense Contact Group (UDCG) meeting at Ramstein US Air Base in Germany on Tuesday 19 September. The meeting of allies assisting Kyiv has been highly anticipated and comes as the United States explores the shipment of ATACMS longer-range missiles packed with cluster bombs to Ukraine. Ukraine has also been pushing Germany to send similar Taurus missiles that could give them the ability to cause significant damage deeper within Russian-occupied territory, but Berlin has repeatedly said it will only act in concert with Washington on arms deliveries. Ahead of the meeting, it was confirmed that German defence minister Boris Pistorius will not take part at the UDCG meeting due to Covid-19 infection.
1970-01-01 08:00

Turkey’s Simsek Seeks to Charm US Investors With Orthodox Steps
As Turkey’s leader addresses the United Nations General Assembly on Tuesday, his finance minister, Mehmet Simsek, will meet
1970-01-01 08:00

YouTube Demonetizes Russell Brand’s Channel After Allegations
YouTube has stopped making payments to Russell Brand’s channel on the site for breaking its creator rules, following
1970-01-01 08:00

Wheat Extends Drop as First Ship Leaves Ukraine’s Black Sea Port
The first grain ship left Ukraine’s port of Chornomorsk, as Kyiv seeks to defy Russia’s effective blockade of
1970-01-01 08:00

European shares slip as industrials drag; focus on c.banks meetings
European shares slipped on Tuesday in choppy trading, as industrial stocks extended losses for a second straight session,
1970-01-01 08:00

ECB to Keep Interest Rates at 4% as Long as Needed, Villeroy Says
The European Central Bank will keep interest rates at 4% for as long as needed to tame inflation,
1970-01-01 08:00

Watch live as World Court hears Ukraine’s response to Russian objections in genocide case
Watch live as Ukraine responds to Russia’s objections against the jurisdiction of the World Court in a genocide case brought by the nation, which claims Moscow falsely applied genocide law to justify its 2022 invasion. The International Court of Justice (ICJ), the principal judicial organ of the United Nations, is holding public hearings on the preliminary objections raised by the Russian Federation in the case from 18 to 27 September. Ukraine brought the issue to the UN’s highest court just days after the Russian invasion on 24 February last year, arguing Moscow is abusing international law by saying the invasion was justified to prevent an alleged genocide in eastern Ukraine. Russia wants the case to be thrown out and objects to the jurisdiction of the International Court of Justice. The hearings will not delve into the merits of the case and are instead focused on legal arguments about jurisdiction. Ukraine has already cleared one hurdle as the court decided in its favour in a preliminary decision in the case in March last year. Based on that, the court ordered Russia to cease military actions in Ukraine immediately. Read More
1970-01-01 08:00

Ocado Says JV With Marks & Spencer Improving After Cutting Costs
Ocado Group Plc said its online retail joint venture is making some progress, with volumes showing a slight
1970-01-01 08:00

TUI Sees Earnings Jump After Strong Summer, Winter Bookings Rise
TUI AG confirmed its full-year guidance and said bookings for the winter season are strong despite a cost
1970-01-01 08:00