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US seeks to block JetBlue, Spirit Airlines merger at trial
By Nate Raymond BOSTON The U.S. Department of Justice heads to trial on Tuesday to urge a federal
1970-01-01 08:00
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Hong Kong’s Negative-Equity Mortgages Triple to 11,100 Cases
The number of negative-equity mortgages in Hong Kong more than tripled in September, a sign of continued weakness
1970-01-01 08:00
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Bet365 Promo Gives $150 GUARANTEED Bonus With $5 Bet on ANY MLB, NBA or NHL Game Today!
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1970-01-01 08:00
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JetBlue-Spirit Merger Trial Tests US Crackdown on Airline Deals
The US crackdown on airline consolidation faces a new test this week with the trial of a government
1970-01-01 08:00
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Zelensky says Putin ‘losing control’ as Ukraine’s troops prepare to repel Bakhmut assault
Volodymyr Zelensky said an antisemitic rally in Russia’s Dagestan this week and an earlier military coup by Vladimir Putin’s former ally Yevgeny Prigozhin were clear signs the Russian president was “losing control”. The Ukrainian president on Monday said the invasion of his country by Mr Putin has only led to inadvertent effects for Moscow. “They have mobilised all their forces to try not to lose what they seized in Ukraine, but in doing so, they have contaminated their own territory with such a level of hatred and degradation that, for the second time this year, Russia is losing control over events,” said the war-time president. “We see that mutineers are heading to Moscow, and no one is stopping them,” he said, referring to now-deceased Prigozhin’s coup earlier this year. “We see that the power vertical in Dagestan is evaporating, leading to a real upheaval. “These are all signals that Russia can, for now, sustain military operations and increase pressure on the frontlines in some places, but is unable to withstand this confrontation strategically,” said the Ukrainian leader. The comments came as Kyiv’s military officials said Russia bulked up its forces around the devastated city of Bakhmut in eastern Ukraine and tweaked the manner of its operations. “In the Bakhmut area, the enemy has significantly strengthened its grouping and switched from defence to active actions,” general Oleksandr Syrskyi, Ukraine’s commander of ground forces, wrote on Telegram. Kyiv’s officials also said Ukraine has been preparing to repel these attacks. Russian forces had been preparing since early this month to retake positions around Bakhmut that were lost in the months-long Ukrainian counteroffensive, according to Volodymyr Fityo, head of communications for Ukraine’s ground forces command. “We saw this, the intelligence reported everything. We had been preparing, strengthening our defensive positions, engineering fortifications and pulling up reserves,” Mr Fityo said. “This does not come as a surprise for us.” Both Mr Syrskyi and Mr Fityo said Russian forces were particularly active near the Ukrainian-held town of Kupiansk in the northeast. Mr Fityo said Russia had numerical superiority. Bakhmut was captured by Russia in May with help from private military company Wagner after witnessing some of the bloodiest fighting in the now 20-month-old war. But Ukraine has amped up military operations to retake Bakhmut in the counteroffensive that was launched in June and that aims to retake occupied land in the country’s south and east. Read More Russia accuses Ukraine of damaging a nuclear waste warehouse as the battle for Avdiivika grinds on UK ministers continue to resist calls for ceasefire in Middle East Russian drones likely targeted Khmelnytskyi nuclear power station, Zelensky says Zelensky vows to keep up pressure on Crimea: ‘This is historic achievement’ Timeline: Rishi Sunak’s first year in office Timeline: Rishi Sunak’s first year in office
1970-01-01 08:00
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US dismisses Putin’s claim that anti-Israel riot at Dagestan was organised by Ukraine and West
The US has rejected Vladimir Putin’s claim that the Ukraine and the West were behind a riot in Russia’s Dagestan where thousands of people stormed an airport to target a flight landing from Israel. Mr Putin on Monday, without presenting any evidence, accused unnamed Ukrainian agents of Western spy agencies of “trying to inspire” the rampage at the airport late on Sunday which injured more than 20 people. The Russian president claimed the chaos was part of America’s efforts to weaken Russia. None of those injured in the attack were Israeli nationals, reported The Associated Press. State Department spokesperson Matthew Miller answered a question on Russia publicly blaming outsiders for the attack. “I have seen their comments about Ukraine, that is absurd obviously. I don’t have any assessment to offer,” he said. “I have seen reports that they may be arresting people. I don’t know the full extent of the action they will take. I will say we believe that they should hold anyone responsible accountable,” the official said. US National Security Council spokesperson John Kirby also responded to the allegations by Mr Putin. “Classic Russian rhetoric, when something goes bad in your country, you blame somebody else,” he said at a White House briefing, adding that the West had “nothing to do with this”. “This is just hate, bigotry and intimidation, pure and simple," Mr Kirby said and criticised the Russian president for not doing more to condemn the violence, which he described as “a chilling demonstration of hate”. Photos and videos of the rampage showed scores of angry men, some carrying banners with antisemitic slogans, rushing onto the tarmac of the airport in Makhachkala, the capital of the predominantly Muslim region, looking for Israeli passengers on the flight from Tel Aviv. Mr Putin blamed the US for sowing chaos in the Middle East and for stoking the conflict in Ukraine, where Russia’s invasion is entering its second winter. Without presenting any evidence or intelligence, he accused “agents of Western special services” in Ukraine of using social media networks to provoke the rampage in Dagestan to weaken Russia. “I’m not certain if everyone in the US leadership is aware of that,” he said. “It wouldn’t hurt if they run a probe into what their special services have been doing in Ukraine, trying to inspire pogroms in Russia. They are real scum, it’s impossible to call them otherwise.” “The ruling elites of the US and its satellites are the main beneficiaries of the global instability,” Mr Putin said. “They are earning their bloody rent from it.” Police officers and civilians were among those injured in the violence. Two of them were in critical condition, regional health authorities said. More than 80 people were detained in the unrest, according to police. Russia’s Investigative Committee has opened a criminal probe on charges of organising mass unrest. Read More Kyiv troops advance on two fronts as Putin’s air defences ‘struck in Crimea’ – live If Putin dies, this is what would happen in Russia Putin ally Lukashenko calls for ceasefire in ‘stalemate’ Ukraine war Ukraine bombards Russia with drones as Putin suffers losses in fight for Avdiivka War-weary mothers, wives and children of Ukrainian soldiers demand a cap on military service time From Stalin to Putin, abortion has had a complicated history in Russia
1970-01-01 08:00
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A Year After FTX, Crypto Market Makers Adapt to Survive
Almost one year after the collapse of Alameda Research, the trading firm at the heart of Sam Bankman-Fried’s
1970-01-01 08:00
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BBVA’s Surprise Turkey Loss Takes Shine off Earnings Beat
Banco Bilbao Vizcaya Argentaria SA reported higher costs and a surprise loss at its Turkish unit, denting earnings
1970-01-01 08:00
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FTX Was ‘Safe,’ Evasive Answers, ‘Crazy’ Hair: SBF Testimony
FTX co-founder Sam Bankman-Fried will likely finish testifying in his criminal fraud trial Tuesday, giving federal prosecutors their
1970-01-01 08:00
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Kamala Harris Set to Unveil $200 Million AI Fund From Private Foundations
Vice President Kamala Harris is poised to announce an investment of more than $200 million from philanthropic foundations
1970-01-01 08:00
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BASF Makes Deep Cost Cuts in Response to Energy Crunch
BASF SE unveiled fresh cuts to investment and measures to reduce operating costs as the company adjusts to
1970-01-01 08:00
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US Ratchets Up Economic Pressure on Uganda Over Anti-LGBTQ Laws
The US terminated Uganda’s preferential trade status, the latest in a series of punitive measures against the East
1970-01-01 08:00