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VW Falls After Cutting Forecast on  €2.5 Billion Hedging Loss,  Costs
VW Falls After Cutting Forecast on  €2.5 Billion Hedging Loss,  Costs
Volkswagen AG shares declined after outlining weaker-than-expected third-quarter earnings and hedging losses. Europe’s biggest carmaker now sees operating
2023-10-23 16:24
Vistry to Slash 200 Jobs Amid UK Housing Slump; Shares Fall
Vistry to Slash 200 Jobs Amid UK Housing Slump; Shares Fall
Vistry Group Plc said it’s cutting hundreds of jobs as part of the housebuilder’s plan to solely focus
2023-10-23 16:23
Live updates | Israeli warplanes strike targets ahead of expected ground offensive in Gaza
Live updates | Israeli warplanes strike targets ahead of expected ground offensive in Gaza
Israeli warplanes are striking targets across Gaza ahead of an expected ground offensive in the besieged Hamas-ruled territory. Fears of a widening war have grown as Israel struck targets in the occupied West Bank, Syria and Lebanon and traded fire with Lebanon's Hezbollah militant group. Two aid convoys arrived in the Gaza Strip over the weekend through the Rafah crossing from Egypt. Israel said the trucks carried food, water and medical supplies. Israel has not allowed in fuel, which is critically needed for water and sanitation systems and hospitals. The war, in its 17th day Monday, is the deadliest of five Gaza wars for both sides. The Palestinian Health Ministry said Sunday that at least 4,651 people have been killed and 14,254 wounded in the territory. In the occupied West Bank, 96 Palestinians have been killed and 1,650 wounded in violence and Israeli raids since Oct. 7. More than 1,400 people in Israel have been killed, mostly civilians who died in the initial Hamas rampage into southern Israel. In addition, 222 people including foreigners were believed captured by Hamas during the incursion and taken into Gaza, Israel's military has said. Two of those have been released. Currently: 1. Premature babies hooked up to incubators are at risk of dying because of dwindling fuel in the Gaza Strip 2. Biden walks tightrope with support for Israel as allies and the left push for restraint 3. A second convoy of trucks carrying desperately needed aid reaches Gaza 4. Blinken and Austin say the U.S. is ready to protect American forces should the war escalate 5. Find more of AP’s coverage at https://apnews.com/hub/israel-hamas-war Here’s what’s happening in the latest Israel-Hamas war: EUROPE MINISTERS DISCUSSING GETTING AID INTO GAZA BRUSSELS — European Union foreign ministers are meeting Monday to discuss ways to help vital aid get into Gaza, particularly fuel, after two convoys entered over the weekend. EU foreign policy chief Josep Borrell said that “in normal times, without war, 100 trucks enter into Gaza every day. So it’s clear that 20 is not enough.” Borrell said the emphasis must be on getting power and water-providing desalination plants running again. “Without water and electricity, the hospitals can barely work,” he told reporters in Luxembourg, where the meeting is taking place. He said the ministers will also look at ways to resolve the conflict between Israel and the Palestinians longer term. “The great powers have forgotten about the Palestinian issue, thinking it was going to be solved alone, or it doesn’t matter. Yes, it matters,” Borrell said. WORLD LEADERS CALL FOR ADHERENCE TO HUMANITARIAN LAW Several world leaders on Sunday spoke about the was between Israel and Hamas, reiterating their support for Israel and its right to defend itself against terrorism and called for adherence to humanitarian law, including the protection of civilians. U.S. President Joe Biden, Prime Minister Justin Trudeau of Canada, President Emmanuel Macron of France, Chancellor Olaf Scholz of Germany, Prime Minister Giorgia Meloni of Italy and Prime Minister Rishi Sunak of the United Kingdom also welcomed the release of two hostages and called for the immediate release of all remaining hostages. They committed to close coordination to support their nationals in the region, in particular those wishing to leave Gaza. The leaders welcomed the announcement of the first humanitarian convoys to reach Palestinians in need in Gaza and committed to continue coordinating with partners in the region to ensure sustained and safe access to food, water, medical care and other assistance required to meet humanitarian needs. They also said they would continue close diplomatic coordination, including with key partners in the region, to prevent the conflict from spreading, preserve stability in the Middle East, and work toward a political solution and durable peace. ISRAELI PRIME MINISTER WARNS HEZBOLLAH TO STAY OUT OF WAR Israeli Prime Minister Benjamin Netanyahu visited troops stationed near the border with Lebanon, where the Israeli army and Iran-backed Hezbollah militants also have traded fire during the Hamas-Israel war. A top official with Iran Hezbollah vowed Saturday that Israel would pay a high price whenever it starts a ground offensive in the Gaza Strip and said Saturday that his militant group based in Lebanon already is “in the heart of the battle.” Speaking to troops in the north on Sunday, Netanyahu said Israel would react more fiercely than it did during its short 2006 war with Hezbollah, which is based in Lebanon. “If Hezbollah decides to enter the war, it will miss the Second Lebanon War. It will make the mistake of its life. We will cripple it with a force it cannot even imagine and the consequences for it and the Lebanese state are devastating,” the Israeli leader said. ISRAEL SAYS 2ND BATCH OF HUMANITARIAN AID ENTERED GAZA Israel says Sunday that a second batch of humanitarian aid was allowed into Gaza, at the request of the U.S. and according to instructions from other political officials. On Saturday, 20 trucks entered in the first shipment into the territory since Israel imposed a complete siege two weeks ago. Sunday's batch included only water, food, and medical equipment, with no fuel, Israel said. U.S. President Joe Biden and Israel Prime Minister Benjamin Netanyahu of Israel “affirmed that there will now be continued flow of this critical assistance into Gaza,” the White House said in a statement after a phone call between the leaders. Earlier Sunday, Egypt’s state-run media had reported that 17 aid trucks were crossing into Gaza on Sunday, but the United Nations said no trucks had crossed. On Sunday, Associated Press journalists saw seven fuel trucks head into Gaza. Juliette Touma, spokeswoman for U.N. agency for Palestinian refugees, and the Israeli military said those trucks were taking fuel that had been stored on the Gaza side of the crossing deeper into the territory, and that no fuel had entered from Egypt. UNRWA SAYS THERE WILL BE NO HUMANITARIAN RESPONSE WITHOUT FUEL AMMAN, Jordan — The U.N. agency for Palestinian refugees says it will run out of fuel in Gaza in three days. “Without fuel, there will be no water, no functioning hospitals and bakeries. Without fuel, aid will not reach many civilians in desperate need. Without fuel, there will be no humanitarian assistance,” Philippe Lazzarini, the UNRWA Commissioner General, said in a statement Sunday. A first delivery of aid that was allowed to cross into Gaza from Egypt on Saturday did not include any fuel. “Without fuel, we will fail the people of Gaza whose needs are growing by the hour, under our watch. This cannot and should not happen,” Lazzarini said. He called on “all parties and those with influence” to allow fuel into Gaza immediately, while ensuring that it is only used for humanitarian purposes. Read More Israel strikes across Gaza after allowing another small aid convoy into the besieged enclave A price cap on Russian oil aims to starve Putin of cash. But it's largely been untested. Until now Stock market today: Asian stocks fall as concerns rise over Israel-Hamas war and high yields Sen. Menendez returns to New York court to enter plea to new conspiracy charge Japan's Kishida plans an income tax cut for households and corporate tax breaks Australians' rejection of the Indigenous Voice in constitutional vote is shameful, supporters say
2023-10-23 16:20
Ukrainian and Russian forces clashed 82 times in a single day
Ukrainian and Russian forces clashed 82 times in a single day
Ukrainian and Russian forces clashed more than 80 times on Sunday as fierce fighting was witnessed in three major fronts that saw the use of guided air missiles, drones, rockets, artillery and mortar shells, military officials in Kyiv said. The announcement by Kyiv’s officials comes amid reports that Russia rushed more troops to Avdiivka to replace their heavy losses. Officials have said fighting on three fronts has remained particularly “hot”. Fighting in the direction of Avdiivka, Marinka and Kupiansk has intensified in the past few months but aggravated assaults have been particularly strong this month as Russian forces are eyeing the capture of Avdiivka. “During the day, 82 combat clashes took place. In total, the enemy launched 10 missiles and 36 air strikes, carried out 35 attacks from rocket salvo systems on the positions of Ukrainian troops and populated areas,” the General Staff of the Ukraine Armed Forces said in a daily update on Sunday evening. The Russian military is deploying personnel from Russian territory directly to Avdiivka positions to replace personnel losses, Ukrainian spokesperson for forces in the south Oleksandr Shtupun said. Another military observer from Kyiv, Kostyantyn Mashovets, said the Russian military command has recently transferred several Russian regiments comprising mobilised personnel to the Avdiivka direction suggesting Moscow does not plan to abandon its military operations in this direction, noted The Institute for the Study of War. It added that Vladimir Putin’s forces failed in their renewed push on 19-20 October and are now funnelling additional forces to this front despite suffering challenges with frontal mechanised assaults. “Russian forces are likely once again pausing following a failed major push which suffered heavy losses. A prominent Russian milblogger claimed that Ukrainian forces ‘unexpectedly’ counterattacked in the direction of Pisky (8km southwest of Donetsk City) and pushed Russian forces from positions in the area,” the US based think-tank said in its latest assessment on Sunday. In Kupiansk, Ukrainian forces repelled 15 attacks by Russian troops in Kharkiv’s Sinkivka and Ivanivka districts. Russian forces also fired artillery and mortar on the region, the General Staff said. Similar artillery shelling and mortar attacks, targeting 15 settlements, were carried out by Russian forces in eastern Ukraine’s Luhansk where the Lyman direction lies. The besieged city of Bakhmut also suffered Russian strikes. “At the same time, the Defence Forces of Ukraine continue offensive operations in the Melitopol direction, offensive (assault) actions in the Bakhmut direction, inflicting losses in manpower and equipment on the occupying troops, exhausting the enemy along the entire front line,” the General Staff said. Troops amassed on both sides are engaged in daily shelling, but Russian forces are likely facing “positional deadlock”, a Kremlin-affiliated military blogger said, citing difficulties. “The milblogger claimed that it is difficult to conduct manoeuvre warfare on a static front line with a large number of personnel and fortified areas on both sides. The milblogger noted that Ukrainian drones and other precision weapons have made armoured vehicles increasingly vulnerable and have made ground attacks increasingly difficult,” the ISW said. He said Russian forces are “facing difficulties in overcoming Ukrainian minefields near Avdiivka and are unable to completely destroy Ukrainian logistics, allowing the Ukrainian command to quickly transfer personnel to critical areas”. Read More Ukraine-Russia war - live: Putin forced to increase number of soldiers on ground as UK estimates death toll Six killed and 16 injured in Russian missile strike on Kharkiv mail depot A price cap on Russian oil aims to starve Putin of cash. But it's largely been untested. Until now
2023-10-23 16:16
China’s Tech Gauge Falls to Record Low on Growth Concern
China’s Tech Gauge Falls to Record Low on Growth Concern
China’s gauge of tech equities fell to the lowest since its inception more than three years ago, worn
2023-10-23 14:16
BOJ Policy Speculation Continues to Build in Runup to Meeting
BOJ Policy Speculation Continues to Build in Runup to Meeting
Speculation that the Bank of Japan will make some kind of policy move this month continues to build
2023-10-23 13:55
Merck Discontinues Developing Drug Candidates With Sichuan Kelun After Daiichi Sankyo Deal
Merck Discontinues Developing Drug Candidates With Sichuan Kelun After Daiichi Sankyo Deal
Merck & Co. won’t continue with two drug candidates it previously agreed to co-develop with a Chinese biotech
2023-10-23 13:49
Singapore’s Core Inflation Cools to 18-Month Low in September
Singapore’s Core Inflation Cools to 18-Month Low in September
Singapore’s core inflation decelerated further in September, vindicating the central bank’s decision to leave monetary policy settings unchanged
2023-10-23 13:48
More UK Staff Coming to the Office Every Day Than Hybrid Working
More UK Staff Coming to the Office Every Day Than Hybrid Working
British workers coming into the office every day outnumber those who spend part of the week working from
2023-10-23 12:50
Ukraine-Russia war - live: Putin’s forces keep pressure on Avdiivka as six killed in Kharkiv strike
Ukraine-Russia war - live: Putin’s forces keep pressure on Avdiivka as six killed in Kharkiv strike
Russian forces maintained pressure on Sunday on the town of Avdiivka in the east and intensified shelling in the southern area of Kherson. Russia has focused on the industrial east since pulling back from a failed advance on Kyiv at the start of the February 2022 invasion and its forces have tried to maintain positions in Kherson since abandoning the region’s main town late last year. The General Staff of Ukraine‘s Armed Forces, in its evening report, said Ukrainian forces repelled nearly 20 Russian attacks around Avdiivka, its buildings now largely reduced to shells. Russian air strikes hit nearby villages, it said. It comes as officials in southern Ukraine said on Sunday that the Russian military had used a record number of aerial bombs over the country’s Kherson region in the past 24 hours. Natalia Humeniuk, a spokeswoman for the Ukrainian military’s Operational Command South, said 36 missiles had been recorded over the area, with some villages being hit by several strikes. In other developments, six people have been killed in a Russian missile attack that hit a postal distribution centre in Kharkiv, Ukrainian officials have said, as Kherson has seen a record number of bomb attacks in the past 24 hours. Read More Six killed and 16 injured in Russian missile strike on Kharkiv mail depot Aftermath of Russian missile strike on Ukraine mail depot that killed six in Kharkiv Ukrainians prepare firewood and candles to brace for a winter of Russian strikes on the energy grid Ukrainian officials say civilians were killed and wounded in Russian overnight attacks
2023-10-23 12:21
Argentina Markets Brace for Selloff After Massa Forces Runoff
Argentina Markets Brace for Selloff After Massa Forces Runoff
Argentina investors again braced for a selloff after Economy Minister Sergio Massa did better than forecast in Sunday’s
2023-10-23 11:50
Australia Gender Bias Costs Economy $80 Billion, Taskforce Says
Australia Gender Bias Costs Economy $80 Billion, Taskforce Says
Australia needs urgent legislative changes to end economic inequality between men and women, a government taskforce found, highlighting
2023-10-23 11:45
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