Oil extends losses as economic slowdown concerns return
By Yuka Obayashi and Muyu Xu TOKYO (Reuters) -Oil extended losses on Wednesday as concerns over global economic headwinds deepened,
2023-06-07 13:19
Shanghai court freezes $278 million worth of shares in Wanda Commercial
HONG KONG A Shanghai court has ordered the freezing of 1.98 billion yuan ($278.18 million) worth of shares
2023-06-07 13:18
Russia-Ukraine war – live: Kyiv blames Russian ‘terrorists’ for Kakhovka dam blast
Ukraine has accused Russia of destroying a sprawling dam in the Russian-occupied Kherson region, triggering a wave of evacuations as flood water poured from the Nova Kakhovka hydro-electric plant. Footage circulating on social media appears to show large blocks of the dam wall washed away. Moscow and Kyiv have blamed each other for the breach at the Russian-controlled dam, an event which coincided with intensified efforts by Ukrainian forces to retake territory seized by Vladimir Putin’s troops. Ukraine has condemned the Kremlin of acting like a “terrorist state” and said its aim was to prevent Ukrainian troops crossing the Dnipro River to attack Russian occupying forces. President Volodymyr Zelensky tweeted: “Russian terrorists. The destruction of the dam only confirms for the whole world that they must be expelled from every corner of Ukrainian land.” Sergei Aksyonov, the Russian-backed head of Crimea, said on Tuesday there was no immediate threat to the peninsula's water supply or any risk of flooding due to the dam breach, but flagged a potentially serious threat ahead. "There is a risk that the Northern Crimean Canal will get more shallow," he said, an event that could reduce water supplies in time. Read More He fled Ukraine under the barrel of a gun. Now his invention could turn the tide of Putin’s war Russia's most famous icon handed over from museum to church despite protests Ukraine piles on pressure after Russia declares victory in Bakhmut
2023-06-07 12:58
Australia talks tough on EU trade - FT
Australia's trade minister Don Farrell has warned the European Union that he will not sign on a trade
2023-06-07 12:54
China trade tumbles in May, adding to signs economic recovery is slowing
China’s exports fell 7.5% from a year earlier in May and imports were down 4.5%, adding to signs an economic recovery is slowing
2023-06-07 12:50
Subway plans to open nearly 4,000 stores in China in one of its biggest deals ever
Subway, the world's biggest sandwich chain, announced Tuesday that it would open almost 4,000 new stores across the country over the next 20 years, increasing its current retail footprint there by more than seven times.
2023-06-07 12:50
Client exodus from PwC Australia grows as $48 billion pension fund pauses work
By Lewis Jackson SYDNEY HESTA, one of Australia's largest pension funds, on Wednesday froze work with PricewaterhouseCoopers (PwC)
2023-06-07 12:48
'They're not movie stars’: Chris Hemsworth recalls 'depressing' criticism his character Thor received
Chris Hemsworth was not too pleased with the newest Thor film and said it ‘became too silly’
2023-06-07 12:48
Ukraine dam: UN warns of 'grave consequences' as thousands flee homes
The UN's aid chief warns of "grave consequences" as floodwater levels may continue to rise.
2023-06-07 12:46
Jake Paul slammed over feature film debut in a sports combat drama: 'No one's gonna watch'
Jake Paul is all set to make his acting debut in a sports combat drama backed by Mandalay Pictures and Wonder Street
2023-06-07 12:45
Goldman Sachs to start trading Japan power futures - sources
TOKYO Goldman Sachs Group plans to establish a desk in Tokyo to start trading Japanese power derivatives, two
2023-06-07 12:45
Bottomless supply? Concerns of limited Canadian hydropower as U.S. seeks to decarbonize grid
An ambitious push to decarbonize Canada’s grid and the nation’s growing demand for green energy is causing concerns in the U.S. that Canadian hydro supplies aren’t as plentiful as they used to be
2023-06-07 12:26
