Ukraine
These two cruise lines stand out above the rest, Susquehanna says
The hard-hit cruise industry should see demand recover, but a testy economy means investors should be selective with which stocks to pick, according to Susquehanna Financial Group. “Positively, the industry is on the mend; liners are planning to redeploy their full fleets into the summer and have a line of sight to profitability into 2023. […]
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‘The mood is very grim’: Once-hot fintech sector faces IPO delays and consolidation
Investment in fintech is slowing as worries around rising inflation and the prospect of higher interest rates have dented economic sentiment. Elena Noviello | Moment | Getty Images AMSTERDAM — Financial technology companies are putting IPO plans on hold and cutting expenses as fears of an impending recession cause a shift in how investors view […]
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Zelenskyy says battle for Severodonetsk may determine fate of east Ukraine; Russian forces targeting south of Izium
Russian forces control most of Severodonetsk, regional governor says People wait to be evacuated in Lysychansk in eastern Ukraine on June 8, 2022. Anadolu Agency | Anadolu Agency | Getty Images Russian forces are in control of most of the city of Severodonetsk in eastern Ukraine and are heavily shelling the nearby city of Lysychansk, […]
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JPMorgan names its winning and losing global stocks for the rest of the year
Analysts at JPMorgan have picked their likely winners and losers for the second half of 2022, naming stocks set to do well — or badly — when factors such as inflation, bond yields and oil prices are taken into account. The analysts identified several trends for the coming months after a volatile first half that […]
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OECD slashes global growth prediction on Ukraine war and China’s zero-Covid policy
The OECD estimates that global gross domestic product [or GDP] will reach 3% in 2022 — a 1.5 percentage point downgrade from a projection done in December. Nurphoto | Nurphoto | Getty Images The Organization for Economic Cooperation and Development has become the latest international institution to cut its predictions for global growth this year. […]
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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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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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$325 million yacht seized from Russian oligarch Suleiman Kerimov sails to U.S. after Fiji court ruling
The 106m-long and 18m-high super luxury motor yacht Amadea, one of the largest yacht in the world is seen after anchored at pier in Pasatarlasi for bunkering with 9 fuel trucks, on February 18, 2020 in Bodrum district of Mugla province in Turkey. Osman Uras| Anadolu Agency | Getty Images A $325 million superyacht that […]
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Ukraine retakes parts of Severodonetsk amid brutal street fighting; Zelenskyy mourns ‘dead cities’. Follow our live updates
Zelenskyy mourns Ukraine’s ‘dead cities’ Ukrainian President Volodymyr Zelenskyy decried what he called Ukraine’s “dead cities,” once centers of life now almost entirely destroyed by Russian bombardment. He was referring to Severodonetsk and Lysychansk, crucial remaining holdouts in the country’s east that Russian forces have almost entirely captured and that are key in Moscow’s aims […]
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Russia’s failure to achieve major goals in Ukraine is ‘quite embarrassing,’ ex-U.S. official says
A destroyed Russian tank about 25 miles west of Kyiv. Russia failed to achieve its key tactical objectives in the first 100 days of the Ukraine war, according to a former U.S. diplomat. (Photo by Sergei Chuzavkov/SOPA Images/Sopa Images | Lightrocket | Getty Images Russia has failed to achieve its strategic goals in the first […]
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