Author: Admin
Coming winter will be ‘the most difficult’ for Ukraine, Zelenskyy says; 1,000 Mariupol fighters reportedly sent to Russia. Follow our live updates
More than 1,000 Mariupol fighters have been sent to Russia, report suggests A screen grab taken from a video released by Russian Defense Ministry shows Ukrainian soldiers being evacuated from the Azovstal steel plant in the port city of Mariupol, Ukraine, on May 17, 2022. Russian Defence Ministry handout | Anadolu Agency | Getty Images […]
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European Central Bank poised to signal July rate hike as inflation jumps to fresh record high
Christine Lagarde, president of the European Central Bank, seen during a panel session at the World Economic Forum in Davos, Switzerland, on Wednesday, May 25, 2022. Bloomberg | Bloomberg | Getty Images The European Central Bank on Thursday is expected to confirm its intention to raise interest rates next month, as rate setters meet in […]
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Ukraine wants to join the European Union. But it is not going to be easy
Ukraine has requested to become a member of the EU, but the process is likely to take some time and it is unclear if there is a broad support to accept several new nations in the bloc. Nurphoto | Nurphoto | Getty Images The European Union could be about to throw its support behind Ukraine […]
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Credit Suisse issues profit warning for second quarter, citing Ukraine war and rate hikes
A sign above the entrance to the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse said on Wednesday that it is likely to post a loss for the second quarter as the war in Ukraine and monetary policy tightening […]
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Biden envoy to visit Marshall Islands as U.S. concerns grow about China’s Pacific push
U.S. President Joe Biden and New Zealand’s Prime Minister Jacinda Ardern aired shared concerns last week about China’s bid to expand its influence in the Pacific. Bloomberg | Bloomberg | Getty Images President Joe Biden’s special envoy for talks with three tiny, but strategically important Pacific island nations will lead a delegation to the Marshall […]
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Shares of Chinese EV maker BYD jump after exec says company is set to supply batteries to Tesla
This photo from Dec. 2019 shows robotic arms spray painting a car body shell at the BYD Automobile Company Limited Xi’an plant. BYD is set to supply Tesla with batteries “very soon,” a senior company executive told a Chinese state media anchor. Yuan Jingzhi | Visual China Group | Getty Images Shares of electric vehicle […]
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U.S., allies fly fighter jets amid North Korea tensions
People watch a TV news program reporting on North Korea test-firing a newly developed tactical guided weapon on April 17, 2022 in Seoul, South Korea. The United States and its Asian allies flew dozens of fighter jets over waters surrounding the Korean Peninsula on Tuesday in a show of force as their diplomats discussed a […]
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Japan is about to welcome back foreign travelers, but domestic tourism remains its priority
After more than two years of closed border policies, Japan is set to welcome back international travelers this week. Come June 10, foreign tourists traveling via packaged tours can enter Japan. However, the government’s priority still lies in boosting domestic tourism numbers, said Tadashi Shimura, president of Japan Association of Travel Agents. Even before the […]
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Wall Street banks name their top global stocks to play soaring energy prices and the hydrogen boom
From soaring commodity prices to the “multi-billion dollar” hydrogen opportunity, analysts at Morgan Stanley and Bernstein name their top stocks to navigate the booming energy sector. The sector has been one of the few bright spots in a year when the broader stock market has taken a severe beating. Energy is one of just two sectors on the S […]
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Sweden and Finland want to join NATO. Here’s how that would work
Sweden and Finland have requested to become members of NATO, but how does the process work, and can anybody join? CNBC looks at how the defense alliance is expanding, and what that means for the world. Russia’s invasion of Ukraine has provoked a major shift in the way Europe sees its security and defense. Sweden […]
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