
LVMH, EasyJet Face a Darkening Economy: EMEA Earnings Week Ahead
A worsening economic backdrop leaves a dark cloud hanging over European companies preparing to report this earnings season.
1970-01-01 08:00

LNG Threat Returns as Australia Workers Discuss Resuming Strikes
Union members at Chevron Corp. liquefied natural gas facilities in Australia are deciding on a plan to resume
1970-01-01 08:00

Ukraine-Russia war – live: Hroza Iskander missile attack kills 51 as Putin delivers rambling speech
A Russian missile attack has killed 51 people at a memorial service, including a six-year-old boy, in what Ukraine’s president Volodymyr Zelensky has called “no blind strike”. The Russian missile slammed into a cafe and shop in a village in northeastern Ukraine on Thursday, killing 51 people in Hroza village in the eastern Kharkiv region. The attack – thought to have been carried out using an Iskander ballistic missile – appears to have caused one of the biggest civilian death tolls in any single Russian strike. Mr Zelensky, who was attending a summit with European leaders, said: “Russian troops could not have been unaware of where they were hitting. This was no blind strike.” "The terrorists deliberately carried out the attack during lunchtime, to ensure a maximum number of casualties," said Defence Minister Rustem Umerov. "There were no military targets there. This is a heinous crime intended to scare Ukrainians." Meanwhile, Russian President Vladimir Putin on Thursday evening called the Canadian parliament's standing ovations to honour a Ukrainian war veteran who served in Nazi Waffen SS units "disgusting", and said it showed Moscow was right to "denazify" Ukraine. Canadian Prime Minister Justin Trudeau last month formally apologised after the speaker of the Canadian House of Commons, Anthony Rota, praised 98-year-old ex-soldier Yaroslav Hunka in the chamber while Ukrainian President Volodymyr Zelenskiy was present. Rota said he had made a mistake and resigned. "He essentially lumped together Nazi collaborators, SS troops and the Ukrainian military of today who are fighting against Russia," Putin told an audience at the Valdai Discussion Club in Sochi in response to a question. "This only confirms our thesis that one of our goals in Ukraine is denazification." Read More Russian missile strike kills more than 50 Ukrainians gathered for wake – in deadliest such attack in months Former Russian state TV journalist gets 8 1/2-year sentence in absentia for Ukraine war criticism Russia facing ‘functional defeat’ in the Black Sea – but Kyiv allies warn they are running out of ammunition Russia may attack civilian ships with sea mines and blame Ukraine, UK warns
1970-01-01 08:00

New ECB Interest Rate Hikes Remain Possible, Schnabel Says
The European Central Bank might need to increase borrowing costs again one day if needed to tame consumer
1970-01-01 08:00

Jay-Z’s Champagne Maker Is Planning an Even More Exclusive Brand
The small French winemaker behind Jay-Z’s Champagne is laying the groundwork for the launch of another luxury brand,
1970-01-01 08:00

Ukraine says gains made amid intense fighting in east despite Russia’s aerial dominance
Ukrainian forces have advanced in the eastern part of the war-hit nation where officials said Vladimir Putin has deployed over 110,000 troops, but Kyiv officials reported pressure further north. The intensity of assaults have increased in the Lyman-Kupiansk sector, Ilia Yevlash, spokesperson for Ukraine’s eastern group of forces, said. Mr Yevlash called the two towns the “most difficult area” as Russian forces use both ground and air forces. Russian forces are actively using fighter jets, Su-35 and Su-25, and helicopters Ka-52 and Mi-8 in the region, he said. They were backed by Su-35 attack aircraft and started attacking along the frontline in the direction of Makiivka in the Luhansk region. Lyman and Kupiansk towns in Kharkiv oblast were recaptured by Ukrainian troops late last year and have witnessed continuous Russian assaults since then. “The enemy has chosen a new point – Makiivka – and is directing all its main efforts into this direction. Of course, we are also repulsing enemy attacks and inflicting damage on forces and equipment," Mr Yevlash said in a daily update. Kyiv’s battle to regain ground near the ghost city of Bakhmut, which has been reduced to rubble in a warfare lasting over a year, is also continuing in the eastern theatre. Two main theatres of war – in southern Ukraine and eastern Ukraine – have cropped up during Kyiv’s four-month old counteroffensive to push back Russian forces off its soil. In its evening report, the general staff of Ukraine’s Armed Forces claimed Kyiv’s troops had "achieved success" south of Andriivka. The village south of Bakhmut was captured by Ukrainian troops last month in the Donetsk region. The Ukrainian general staff said its forces were pressing on with their southward advance in the Zaporizhzhia region and had repelled a Russian attack near the village of Robotyne. The report said Russian forces had unsuccessfully tried to regain lost positions in an area further south. This was further corroborated by Russian accounts of the fighting which said Moscow’s forces had repelled two Ukrainian attacks west of the Russian-held city of Donetsk. In the southern theatre, Kyiv’s forces are pushing toward the Sea of Azov in an attempt to split Russian-occupied territory in two. Read More Ukraine-Russia war – live: Deadly Russian attack on memorial service was no blind strike, says Zelensky Putin says Wagner chief Prigozhin’s plane blown up by hand grenades on board Putin deliberately attacked Ukrainian civilians in Kharkiv missile strike, says Zelensky A look at Russia's deadliest missile attacks on Ukraine White House condemns ‘horrifying’ Russian attack on grocery store in Ukraine
1970-01-01 08:00

S. Africa Could Miss 2025 Gray List Exit, New FirstRand CEO Says
South Africa might not secure a quick exit from the global financial watchdog’s dirty money list by 2025
1970-01-01 08:00

Germany’s Struggling Factories Saw Orders Rise in August
German factory orders rebounded partially in August, a sign that the country’s crucial manufacturing sector may be stabilizing
1970-01-01 08:00

Shell Sees Better Earnings from Gas Trading in Third Quarter
Shell Plc said its earnings from gas trading rebounded in the third quarter from the dip seen in
1970-01-01 08:00

UK House Prices Post Sixth Straight Monthly Fall, Halifax Says
UK house prices fell for a sixth consecutive month in September but the slump in Britain’s property market
1970-01-01 08:00

Putin Says Russia May Revoke Ban on Nuclear Weapons Tests
President Vladimir Putin said Russia may revoke a ban on nuclear weapons tests, complaining about the US failure
1970-01-01 08:00

Eskom to Have a CEO by Year End, South Africa’s Gordhan Says
South Africa’s protracted search for Eskom Holdings SOC Ltd.’s new chief executive officer will end by December, according
1970-01-01 08:00