
Analysis-Europe's Luxury stocks at risk of going out of style
By Lucy Raitano and Mimosa Spencer LONDON/PARIS Europe's luxury brands may have sparkled at Paris Fashion Week, but
1970-01-01 08:00

Ukraine repels Russian attacks on five fronts as Putin resorts to old weaponry and reserves
Ukrainian forces beat attacks on five points across the war frontline on Sunday as Russia’s troops resorted to using old weapons and equipment while shelling the frontline, military officials said in the latest update from the battlefield. At least two people were killed and a dozen more injured in Russia’s shelling of the southern Kherson region. The attacks were repelled in five areas of the eastern front – Kupiansk, Bakhmut, Lyman, Avdiivka, and Marinka – along the 1,000km-long (600mile) front, the general staff of the Armed Forces of Ukraine said in its evening report. A total of 33 skirmishes were recorded during the day by Ukraine, the battlefield update added. Russian forces also mounted six air attacks and 20 strikes from multiple-launch rocket systems (MLRS), inflicting casualties among military personnel and the civilian population, the general staff said, calling the situation difficult. Russia has scaled up its presence in the eastern hotspot of the conflict and deployed its reserves north of Bakhmut to stop Ukraine’s advancing counteroffensive in Donetsk oblast, the spokesperson for the Eastern Group of Forces Illia Yevlash said on Saturday. He confirmed a total of 774 Russian strikes on the Kupiansk and Lyman direction which had seen intense fighting in the past week. The eastern and southern parts of Ukraine have seen the majority of Russia’s offensive in the continuing invasion since February and have now become the two key theatres of Kyiv’s counteroffensive. In southern Ukraine, troops have been repelling Russian forces in an inch-by-inch fight by capturing clusters of villages as they pushed toward the Sea of Azov to cut Vladimir Putin’s access to a land bridge created by Russian forces controlling the areas of south and east. Russian troops have now started using older weaponry – howitzers and cannons – in an evidence that Ukrainian forces had been successful in knocking out enemy equipment, spokesperson for troops in the south Oleksandr Shtupun told national television. "Sadly, the Russians have plenty of equipment," he said. Top military officials said Russia was continuing to mass its reserves. "Our troops are performing their assignments with the aim of proceeding with our advance,” general Oleksandr Syrskyi, head of Ukraine’s ground forces, said. He had met troops and commanders engaged in offensive operations near Bakhmut which was taken by Russian forces in May after months of battles. Read More Ukraine-Russia war – live: Putin inflicts ‘terrible’ shelling as Kyiv warn of record drone attacks Days after deadly missile strike on Ukrainian cafe, grief and a search for answers ‘You can still smell the blood’: Inside the village where more than 50 were killed by a Russian missile Footage from inside Kharkiv apartment captures aftermath of deadly strike What are Russia’s Iskander missiles? The weapon which killed 52 following funeral near Kharkiv
1970-01-01 08:00

UAW Says 4,000 Union Workers at Mack Trucks Will Strike Monday
Around 4,000 United Auto Workers members at Mack Trucks will strike Monday after rejecting a tentative agreement in
1970-01-01 08:00

Ferrari Boss Takes Prototype of Debut Electric Model for a Spin
Ferrari NV’s first fully electric model will be one of the most highly anticipated products in automotive history,
1970-01-01 08:00

HSBC Buys Citi’s $3.6 Billion China Retail Assets in Expansion
HSBC Holdings Plc agreed to buy Citigroup Inc’s retail wealth management portfolio in mainland China, adding to its
1970-01-01 08:00

Israel Latest: Over 1,100 Dead; Oil Soars on Fears of Proxy War
The combined death toll from the Hamas attack on southern Israel has climbed to more than 1,100 as
1970-01-01 08:00

Global Markets Face New Geopolitical Risk, View Oil as Guide
Global financial markets already rattled by elevated interest rates now face a fresh dose of geopolitical uncertainty following
1970-01-01 08:00

UK Moves Closer to Mandatory CO2 Disclosures With New Guidance
The UK just moved a step closer to requiring companies to provide detailed statements on future carbon emissions
1970-01-01 08:00

Oil Soars as Hamas’ Attack on Israel Fans Middle East Tensions
Oil surged more than 3% after Hamas’ surprise attack on Israel over the weekend threatened to destabilize the
1970-01-01 08:00

Ukraine-Russia war – live: Putin inflicts ‘terrible’ shelling as Kyiv warn of record drone attacks
Vladimir Putin has stepped up air attacks in the war with Ukraine with one of his latest assaults injuring a dozen people, including a baby - as Ukraine’s air force warned of a record number of Russian drone attacks on its soil this winter. The assault was on the city of Kherson in southern Ukraine, which was taken by Ukraine in November last year. However, the city remains within firing range of the Russians, which shelled the settlement on Saturday night. The attack hit civilian infrastructure, damaging residential buildings, household facilities, cars, and gas pipelines. Among those injured was a 27-year-old woman and her nine-month-old daughter. Over the past 24 hours, Russian forces carried out 59 attacks on Kherson provence, the region’s administration said on Telegram, including 19 instances of shelling of Kherson city. “The Kherson region experienced another terrible night,” Governor Oleksandr Prokudin wrote. The assault came just days after a missile attack on the village of Hroza, in the Kharkiv region, killing 52 people. Over the weekend, people were pictured remembering those who lost their lives. Read More Ukraine village reels after deadly missile strike: ‘Everything was burning’ Precision missile strike on cafe hosting soldier's wake decimates Ukrainian village Russia plans to reverse global nuclear test ban, announces envoy
1970-01-01 08:00

Sarah Sunny: How India's first deaf lawyer made history in Supreme Court
Sarah Sunny made history after she became India's first deaf lawyer in the Supreme Court.
1970-01-01 08:00

Asia Stocks Set to Rise as Dollar Gains on Attacks: Markets Wrap
Asian stocks look set to gain following a rebound on Wall Street Friday, while the dollar climbed as
1970-01-01 08:00