Hong Kong Ousts Dubai as Biggest Hub for Russian Gold Trade
Shut out of London following the invasion of Ukraine, Russian gold trading switched to Dubai. Now it’s shifting
2023-11-15 15:54
Renault Sets €10 Billion Sales Goal for EV Arm in IPO Pitch
Renault SA is targeting more than €10 billion ($10.9 billion) of revenue by 2025 for its electric-vehicle and
2023-11-15 15:51
Russia-Ukraine war live: Putin’s losses ‘top 300,000’ as Moscow state media retracts reports of retreat
Russia’s military personnel losses in its invasion of Ukraine have crossed 300,000, showed estimates by the UK that also said thousands more have deserted the battlefield. James Heappey, minister of state for the armed forces, revealed the UK’s estimates of losses faced by Vladimir Putin since the start of the invasion in February last year. “We estimate that approximately 302,000 Russian military personnel have been killed or wounded, and tens of thousands more have already deserted since the start of the conflict,” he said on Tuesday in response to queries from John Healey, the shadow secretary of state for defence. The UK’s estimate of casualties is similar to the assessment made by Kyiv, that said Russia had lost a total 313,470 military personnel in combat as of Tuesday. It comes as two Russian state media agencies withdrew reports of military operations. The agencies – TASS and RIA Novosti – said that the Russian Ministry of Defence had announced relocations of troops to an unspecified “more advantageous positions” east of the Dnipro river. The potentially significant bulletins were available for about 10 minutes, after which two state news outlets withdrew them without any follow-up. Read More Why Russia retracted state media reports on its Ukraine frontline movements Giuliani ally in Ukraine charged with treason Russian convicted of Kremlin critic’s murder pardoned after fighting in Ukraine A man convicted in the 2006 killing of a Russian journalist wins a pardon after serving in Ukraine
2023-11-15 15:48
US Alarms Oil Tanker Owners With Russian Price Cap Letters
The US Treasury’s sudden flurry of letters to tanker companies for potentially breaching a Group of Seven price
2023-11-15 15:29
China’s Top Solar Province Boosts Payments for Battery Storage
China’s top province for solar power will increase payments for battery storage plants to incentivize investment in the
2023-11-15 15:24
India Set for as Much as $1.5 Billion Inflows With MSCI Changes
Indian equities will likely receive a net inflow of $1.5 billion after changes by MSCI Inc. is set
2023-11-15 14:57
US Federal Pension Fund to Exclude Hong Kong Investments
The main US federal government pension will exclude investments in Hong Kong, in addition to mainland China, for
2023-11-15 14:54
Swedish Landlords Are Surprisingly Passive, Handelsbanken Says
Highly leveraged landlords in Sweden will continue to face challenges as surprisingly little has been done to strengthen
2023-11-15 14:26
Siemens Energy Sees Profit in 2024 After Government Intervention
Siemens Energy AG sees a return to profit in the coming fiscal year after a government-led deal boosted
2023-11-15 14:19
China Property Slump Deepens as Beijing Mulls More Stimulus
The contraction in China’s home sales and property investment both deepened in October, a steeper downturn that may
2023-11-15 13:58
Treble-Winning Manchester City Nets £713 Million in Revenue
Premier League champions Manchester City Football Club announced record-breaking revenues after its team won three of football’s major
2023-11-15 13:53
Billionaire Lithium Crashers Hamper Australian Deals, Miners Say
Australia’s richest woman and other billionaire entrepreneurs wading into takeover offers threaten to cool enthusiasm over the country’s
2023-11-15 13:45