Ukraine
‘Our product, our rules’: Russia sends alarm bells ringing over Europe’s winter gas supplies
Gazprom’s Miller says he sees no solution to an ongoing equipment issue at part of the Nord Stream 1 pipeline. Anadolu Agency | Anadolu Agency | Getty Images LONDON — An ominous warning from Russia’s state-backed energy giant Gazprom has stoked fears of another turbulent winter for European gas supplies. As a pre-summer heatwave hits […]
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Stocks making the biggest moves premarket: JD.com, Roku, Alibaba and more
Check out the companies making headlines before the bell: Adobe (ADBE) – Adobe shares fell 3.7% in premarket trading after the software company issued weaker-than-expected financial guidance for the current quarter and the full year. Adobe is facing headwinds from the war in Ukraine and unfavorable foreign exchange rates, although its most recent quarter did […]
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EU to decide on whether Ukraine can join the bloc; Russian bombings ‘rising daily’
EU to discuss fast-tracked opinion on Ukraine’s bid for candidacy Italy’s Draghi, Ukraine’s Zelenskyy and France’s Macron pictured during a joint press conference in Kyiv. Future Publishing | Future Publishing | Getty Images The European Commission, the executive arm of the European Union, will meet on Friday to offer its fast-tracked opinion on whether to […]
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Cost to finance a new car hits a record $656 per month — and auto shoppers could pay even more with latest Fed rate hike
Fg Trade | Istock | Getty Images Shortages, interest rates are pushing up prices “Simply put, there is not enough supply of sellable vehicles to support demand,” said Jeff Schuster, LMC Automotive’s president of Americas operations and global vehicle forecasts, in a forecast published jointly with J.D. Power. In addition to a persistent shortage of […]
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UK bolsters gas stockpile for winter with Ukraine war squeezing supply and sending prices soaring
Russia is a significant supplier of oil and gas. A number of major economies have formulated plans to reduce their reliance on Russian hydrocarbons following its invasion of Ukraine. Sean Gladwell | Moment | Getty Images Norwegian energy firm Equinor said Thursday it would deliver extra gas to the U.K.’s Centrica over the next three […]
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The West’s unity over Ukraine could be starting to crack, just as Russia’s invasion gains ground
President of Ukraine Volodymyr Zelenskyy visits the positions of Ukrainian troops located in the Bakhmut city and Lysychansk districts, Ukraine on June 05, 2022. Ukrainian Presidency | Handout | Anadolu Agency | Getty Images LONDON — There are increasing signs that Western unity over the war in Ukraine could be starting to crack as the […]
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Russia attacking Severodonetsk with ‘all available firepower’; Zelenskyy says Russia has ‘significant advantage’
Russian forces using ‘all available firepower’ to pound Severodonetsk, Ukraine says Russian forces are using “all available firepower” to pound the key target of Severodonetsk and neighboring Lysychansk as well as Bilohorivka, a settlement to the west of the twin cities that are separated by the Siverskyi Donets river. In the latest military update from […]
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Putin is ‘another Hitler in the making,’ Egyptian billionaire Sawiris says
Egyptian billionaire Naguib Sawiris did not mince words when expressing his thoughts on Russian President Vladimir Putin and his country’s invasion of Ukraine. Asked by CNBC’s Hadley Gamble if he expected civil unrest in Egypt due to food shortages triggered by the war, Sawiris, the chairman and CEO of Orascom Investment Holding, said he did […]
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Ukraine says delays over weapon supplies ‘cannot be justified’; Russia edges toward taking full control of Severodonetsk
Ukraine says ‘procrastination’ over its need for weapons ‘cannot be justified’ Ukrainian President Volodymyr Zelenskyy attends a joint statement with European Commission President Ursula, as Russia’s invasion of Ukraine continues, in Kyiv, Ukraine June 11, 2022. Valentyn Ogirenko | Reuters Ukraine’s patience over its lack of long-range weapons appears to be wearing thin with Ukrainian […]
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Ukraine must ‘knock out the occupiers,’ Zelenskyy says; Severodonetsk cut off after all bridges destroyed
Risks of a ‘frozen conflict’ rising as Russia makes gains in eastern Ukraine Tanks of pro-Russian troops drive along a street during Ukraine-Russia conflict in the town of Popasna in the Luhansk Region, Ukraine May 26, 2022. Alexander Ermochenko | Reuters As Russia gradually seizes more territory in Ukraine and continues to pound various targets […]
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