European shares rise as US data soothes economic slowdown fears
European shares climbed on Wednesday after robust U.S. data soothed concerns about a steep economic slowdown, while investors
2023-06-28 15:58
Russia-Ukraine war live: ‘Countdown has started’ for Putin as Kramatorsk restaurant death toll rises
The “countdown has started” for the end of Vladimir Putin, Volodymr Zelensky’s top aide has claimed, as the Russian president reels from the aborted mutiny by Wagner mercenary boss Yevgeny Prigozhin. Andriy Yermak’s remarks came as Mr Zelensky accused Russia of using S-300 missiles in an attack on a restaurant in the Donetsk city of Kramatorsk which authorities say has killed eight people, three of them aged 14 to 17. Another 56 people present at the restaurant – which is frequented by journalists, aid workers and soldiers who use Kramatorsk as a base of operations – were injured, the city council in Kramatorsk said, as rescue workers continue to comb through debris for casualties. The missile attack reduced the major shopping hub to a twisted web of metal beams. One of the missiles also hit a village on the fringes of Kramatorsk, leaving five injured. The city in frontline oblast of Donetsk has been a target of Russian attacks frequently and capturing it a key objective for Moscow. Read More Putin admits Moscow paid Wagner mercenaries £800m in wages in a year – and that his forces ‘stopped civil war’ US sanctions gold companies suspected of supporting Wagner mercenaries in Russia Wagner chief walks free after armed revolt. Other Russians defying the Kremlin aren’t so lucky NATO warns not to underestimate Russian forces, and tells Moscow it has increased preparedness
2023-06-28 15:50
LVMH’s Billionaire CEO Visits a Mall in High-Profile Trip to China
LVMH Chief Executive Officer Bernard Arnault kicked off his tour of China with a visit to a high-end
2023-06-28 15:24
China's EV maker Zeekr opens orders for two luxury cars in Sweden, the Netherlands
China's EV maker Zeekr, a unit of Geely Automobile, said on Wednesday two of its all-electric luxury SUVs
2023-06-28 14:18
Some ECB Officials Weigh Faster Reduction of Bond Portfolio
Some hawkish European Central Bank officials are pondering options to speed up the reduction of the institution’s €5
2023-06-28 13:24
Hacking Group Says It Attacked Microsoft for Sudan. Experts Say Russia’s Behind It
A hacking group responsible for a series of outages at Microsoft Corp. earlier this month had spent the
2023-06-28 13:20
Marketmind: Beijing leaves market guessing on yuan
A look at the day ahead in European and global markets from Wayne Cole. The People's Bank of China seems
2023-06-28 12:58
UBS Preparing to Cut Over Half of Credit Suisse Workforce
UBS Group AG is planning to cut more than half of Credit Suisse Group AG’s 45,000-strong workforce starting
2023-06-28 12:51
Protests erupt in Paris after police officer fatally shoots teenager for ‘violating traffic laws’
A Paris police officer allegedly shot at a teenager who refused to stop during a traffic check sparking protests in the suburb, it was reported. The 17-year-old was in the Paris suburb of Nanterre when he was shot at by an officer after he failed to stop for a traffic check, the prosecutors said. Local media reported that emergency services tried to resuscitate him at the scene but he died shortly afterwards. Le Monde reported that a video circulating on social media shows two police officers trying to stop a vehicle and one shooting point blank at the teenager when he failed to stop the car. The car crashed after moving a few metres, the video reportedly shows. More follows Read More Rescuers found body in rubble of Paris building that collapsed in explosion Paul McCartney's rediscovered photos show Beatlemania from the inside Book Review: Tom Rachman's new novel 'The Imposters,' a global journey of disparate stories
2023-06-28 12:26
Singapore Air Chief Among Industry’s Top-Paid CEOs With 86% Jump
Singapore Airlines Ltd. Chief Executive Officer Goh Choon Phong was paid S$6.7 million ($5 million) last financial year,
2023-06-28 11:59
Oil Steadies as Concerns Over Demand Outlook Hang Over Market
Oil steadied in Asia as investors weighed the outlook for monetary policy and a mixed industry report on
2023-06-28 09:59
China Shifts Approach Toward De-Risking With Appeals to CEOs
When the US first embraced “de-risking” to get Europe on board with measures to deny key technology to
2023-06-28 08:52