
Asian Stocks to Decline With China Woes in Focus: Markets Wrap
Asian equities were set to fall on Monday after shares on Wall Street capped off a poor week
1970-01-01 08:00

Gas Market Ructions Fuel Concerns About Energy Bills This Winter
Gas is back as a risk to the global economy with potential strikes in major producer Australia threatening
1970-01-01 08:00

Britain’s Landlord Selloff May Be Much Bigger Than First Thought
The bad news keeps on coming for Britain’s rental market as a rise in tax proceeds from property
1970-01-01 08:00

Oil Edges Lower After Seven-Week Rally Driven by Tighter Market
Oil edged lower after capping seven weeks of gains — the longest rally since mid-2022 — driven by
1970-01-01 08:00

Odey in Talks With Landseer to Transfer Flagship Hedge Fund
Odey Asset Management is in talks with Landseer Asset Management UK to transfer portfolio manager Freddie Neave, who
1970-01-01 08:00

Newborn baby girl killed alongside parents and brother as Putin’s troops bombard Kherson village
An entire family including a newborn baby girl and her 12-year-old brother were among seven people killed during intense Russian shelling in a village in southern Kherson on Sunday. Russian shells hit the village of Shiroka Balka, on the banks of the Dnieper River, and killed a family that included a husband, wife, 12-year-old boy and 23-day-old baby girl, Ukraine’s Internal Affairs Ministry said. Another resident was also killed, as well as two men in the neighbouring village of Stanislav. Ukraine’s interior minister Igor Klymenko said the shells hit the family’s home in Shiroka Balka, adding: "Terrorists must be stopped. They must be stopped by force. They don't understand anything else." A photo shared by Mr Klymenko on Telegram showed plumes of smoke rising from the family's home in the aftermath of the attack. Kherson was one of four regions in Ukraine that Russian president Vladimir Putin claimed to have annexed last year. But the Ukrainian forces are said to be making gains against the Russian invaders. Ukrainian military officials this weekend claimed that Kyiv's forces had made progress in the south, with some success near a key village in the southern Zaporizhzhia region and capturing other unspecified territories. Meanwhile, Kyiv’s forces are trying to pierce Russian lines in the western parts of the Donetsk region, where waves of Ukrainian fighters were used to gain a foothold to the east of the town of Staromaiorske, according to a Russian-installed official in parts of Zaporizhzhia controlled by Moscow. The official, Vladimir Rogov, also claimed there had been intense fighting south of Velyka Novosilka as Ukrainian troops try to pierce Russian lines to push down to the coast on the Sea of Azov. Mr Rogov said: "The enemy managed to enter and gain a foothold in the northern part of Urozhaine after two weeks of the heaviest and bloodiest battles for this settlement." He added that Russian soldiers still controlled the southern part of Urozhaine and that Ukrainian forces were clearly aiming to take control of the town of Staromlynivka further south. Ukraine launched a counteroffensive in June, attempting to retake swathes of territory captured by Russia in the south and east of the country. It has so far recaptured several villages in the south and some territory around the ruined city of Bakhmut in the east. Meanwhile, a Russian warship on Sunday fired warning shots at a cargo ship in the southwestern Black Sea as it made its way northwards. This is the first time Russia has fired on merchant shipping beyond Ukraine since exiting a landmark UN-brokered grain deal last month. Russia in July halted participation in the Black Sea grain deal that allowed Ukraine to export agricultural produce via the Black Sea and Moscow cautioned that it deemed all ships heading to Ukrainian waters to be potentially carrying weapons. Russia said in a statement that its Vasily Bykov patrol ship had fired automatic weapons on the Palau-flagged Sukru Okan vessel after the ship's captain failed to respond to a request to halt for an inspection. Russia said the vessel was making its way towards the Ukrainian port of Izmail. Refinitiv shipping data showed the ship was currently near the coast of Bulgaria and heading towards the Romanian port of Sulina. "To forcibly stop the vessel, warning fire was opened from automatic weapons," the Russian defence ministry said, adding that its forces boarded the vessel with the help of a Ka-29 helicopter. "After the inspection group completed its work on board, the Sukru Okan continued on its way to the port of Izmail," the defence ministry said. A Turkish defence ministry official said he had heard an incident had taken place involving a ship heading for Romania. A spokesman for Ukraine's defence ministry said officials had no details about the incident yet but that it was "clearly another hostile act" by Russia. Meanwhile, Ukraine's General Staff claimed that panic is growing among the Russian forces amid a growing number of desertions, the Kyiv Post reported. It claimed Moscow military officials conducting house-to-house searches for deserters in Hornostaivka in the Kherson region. Drinking and drug use among newly-conscripted troops has also increased with individuals leaving their positions and hiding in abandoned buildings, it said. Read More Russia fires warning shots at ‘Ukraine-bound’ international cargo ship in Black Sea 7 killed in Ukraine's Kherson region, including a 23-day-old baby girl Yes, inflation is down. No, the Inflation Reduction Act doesn't deserve the credit 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

Scholz Sees Green Tech Investment Rousing Germany’s Slow Economy
Chancellor Olaf Scholz sees upcoming green tech investments in Germany helping revive growth in Europe’s largest economy. Spending
1970-01-01 08:00

Turkey’s Fenerbahce Signs Manchester United Football Star `Fred’
Turkish football club Fenerbahce confirmed the signing of midfielder Frederico Rodrigues de Paula Santos, famously known as Fred,
1970-01-01 08:00

Swiss Food Suppliers Shift to Road After Derailment, NZZ Reports
Companies are finding alternative routes to transport goods after a freight train derailment this week on the north-south
1970-01-01 08:00

Russia fires warning shots at ‘Ukraine-bound’ international cargo ship in Black Sea
A Russian warship fired warning shots at a dry cargo ship in the Black Sea on Sunday, after the Russian defence ministry said it intercepted the Palau-flagged “Sukru Okan” ship heading towards Ukraine. Issuing a statement, Russia said its Vasily Bykov patrol ship open fired with an automatic weapon at the vessel after its captain did not respond to their request to halt for an inspection. "To forcibly stop the vessel, warning fire was opened from automatic weapons," the Russian defence ministy said. A Ka-29 helicopter carrying Russian soldiers was then scrambled to inspect the ship. While Russia claims the ship was heading towards Ukraine’s port of Izmail, Refinitiv shipping data showed the ship was heading north towards the coast of Bulgaria, reported Reuters. "After the inspection group completed its work on board, the Sukru Okan continued on its way to the port of Izmail," the Russian defence ministry said. Shipping databases list the Sukru Okan as a Palau-flagged vessel with a tonnage of 2155 whose home port is Istanbul. The Black Sea handled about 95 per cent of Ukrainian grain exports before Russia’s invasion, according to Joseph Glauber, senior research fellow at the International Food Policy Research Institute. Earlier last month, Russia ended a UN-brokered grain deal that ensured Ukraine could get its agricultural produce to market via the Black Sea and Moscow cautioned that it would deem all ships heading to Ukrainian waters to be potentially carrying weapons. Ukraine, a major supplier of corn, wheat, barley and vegetable oil to the world, shipped 32.9 million metric tonnes of grain under the nearly year-long deal designed to ease a global food crisis. It has been able to export an additional two million to 2.5 million metric tonnes monthly via the Danube River, road and rail through Europe. Those are now the only routes to ship Ukrainian grain, Mr Glauber earlier told the Associated Press. Ukraine’s response including sea-drone attacks on a Russian oil tanker and a warship at its Novorossiysk naval base, next door to a major grain and oil port, has added to these new dangers for transport in the Black Sea. Additional reporting by agencies Read More Russia vows retaliation after Ukraine launches attack on key Crimea bridge Ukraine accuses Russia of targeting rescue workers in latest missile strikes Moment sea drone ‘hits Russian tanker’ near Crimea captured in dramatic footage 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

Private Equity Snaps Up UK Health Companies as NHS Struggles: FT
Private equity firms have acquired numerous UK healthcare companies over the past two years as they seek to
1970-01-01 08:00

Bond Traders Fear ECB Hawks as Energy Jitters Return to Europe
Freezing winter weather seems a remote concern as Europe swelters, but traders and strategists got a reminder last
1970-01-01 08:00