
German Carmakers Are Bleakest About Their Future Since 2008
German automakers’ expectations are at their worst since the 2008 financial crisis due to inflationary pressures, sclerotic economic
2023-07-05 20:28

Putin’s main Black Sea shipyard up in flames as Ukraine and Russia exchange air strikes
Russia’s main shipyard in Crimea has been struck in a major attack involving 10 cruise missiles, according to Russian officials, with videos overnight appearing to show large explosions at a port in Sevastopol. It comes as Ukraine said it shot down 32 drones out of 44 fired by Russia overnight, with Ukrainian port infrastructure in Odesa described as being the main target. The two sides exchanged heavy air strikes just a couple of hours before Vladimir Putin and North Korea’s Kim Jong-un sat down in Russia’s far east for weapons and trade talks. Follow our Ukraine live blog here The attack on Sevastopol targeted the main facility where Russia builds and repairs ships for its Black Sea Fleet, which has been involved in blockading grain exports from Ukraine. Of a total 10 cruise missiles fired around 3am, seven were downed by Russia’s air defence systems, the country’s defence ministry said. The Russian defence ministry said at least three high-speed boats also targeted the Crimean facility but were destroyed. “As a result of being hit by enemy cruise missiles, two ships under repair were damaged,” the ministry said. The Russia-backed governor of Crimea, Mikhail Razvozhaev, shared a photo from the port as a vessel behind him appeared damaged and an active fire continued to blaze in the background. He said at least 24 people were injured in the strike but did not say if any deaths took place. Videos purporting to show the strike showed three explosions in quick succession in Sevastopol. Russia-backed authorities made the rare confirmation of the successful Ukrainian attacks shortly after local residents in the region posted photos and videos of the shipyard region covered in thick fire. Locals also shared videos of thunderous explosions heard miles away captured on CCTV cameras. The Independent has not verified the authenticity of the videos. There was no immediate comment from Kyiv. Ukraine almost never publicly claims responsibility for attacks inside Russia or on Russian-controlled territory in Ukraine, but has been saying in recent months that destroying Russia’s military infrastructure helps Kyiv’s counteroffensive. Another drone was shot down in Russia’s Tver region, northwest of Moscow, where no casualties were reported, regional authorities said. The Crimean peninsula, illegally annexed from Ukraine by Russia in 2014, has been targeted repeatedly since Russia launched its full-scale invasion of Ukraine in February last year. The Sevastopol shipyard attack appeared to be one of the biggest in recent weeks. The shipyard is of strategic importance to Russia as vessels in its Black Sea Fleet are repaired there. Read More BP boss Bernard Looney resigns over past relationships with colleagues Putin and Kim shake hands for 40 seconds as weapons talks begin – live Higher gas prices likely pushed up inflation in August, though other costs probably slowed
2023-09-13 14:57

Oil Traders Get Glimpse Into Opaque Middle East Market With New Data
Oil market watchers will now be able to get a view of which direction traders are placing bets
2023-11-11 03:47

Yankees reliever Anthony Misiewicz struck in the face by a line drive against Pirates
New York Yankees reliever Anthony Misiewicz was struck in the face by a line drive off the bat of Pittsburgh’s Ji Hwan Bae and left the game
2023-09-16 09:56

Cintas Corporation Vice President, Treasurer & Investor Relations Paul Adler announces retirement; Jared Mattingley promoted to replace Adler
CINCINNATI--(BUSINESS WIRE)--Jun 15, 2023--
2023-06-16 04:29

Brazil Inflation Cools as Central Bank Commits to Rate Cuts
Brazil’s annual inflation slowed roughly in line with expectations in early November, approaching the target range as central
2023-11-28 20:45

Ninja officially goes 'Live on Kick' after criticizing Twitch's policy change
Furious with Twitch's policy change, Ninja gives Kick a chance
2023-06-10 12:52

New York City Asks Judge to Suspend Right-to-Shelter Amid Influx
New York City Mayor Eric Adams has asked a judge to temporarily suspend a 42-year-old court ruling requiring
2023-05-24 11:50

Florida man caught with cocaine and fentanyl in a cookie jar during traffic stop on August 24
Larry Chapman has been booked into the Collier County jail, and is facing charges of fentanyl trafficking and cocaine possession
2023-08-27 20:47

Chinese EV maker Nio invests in nuclear fusion startup
SHANGHAI Chinese electric vehicle maker Nio has invested in a startup firm that is developing fusion technologies, according
2023-05-19 14:49

South Korea June factory output falls more than expected
SEOUL South Korea's factory production fell more than expected in June, official data showed on Friday, as automobile
2023-07-28 07:46

Siemens to invest $2.2 billion to ramp up global production
By John Revill ZURICH (Reuters) -Siemens will spend 2 billion euros ($2.16 billion) on a new global investment plan, the
2023-06-15 14:46
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