Ukraine
Google, Meta and Amazon will benefit from the Ukraine war, ad guru Martin Sorrell says
Martin Sorrell, founder and chairman of media firm S4 Capital, believes the war in Ukraine has the potential to benefit three of America’s biggest tech firms. “I’m very bullish on the tech giants … because the war will have an impact on them,” Sorrell told CNBC at the World Economic Forum in Davos Monday. He […]
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Russian forces focus efforts on Severodonetsk, eastern Ukraine; Zelenskyy set to address Davos elite. Follow our live updates
Russian forces zero in on Severodonetsk in Donbas, Ukraine says Russian forces have been targeting Ukraine’s defenses in the Donetsk area in a bid to push through to neighboring Luhansk in the eastern region of Donbas, Kyiv said in its latest military update Monday morning. The General Staff of Ukraine’s Armed Forces said Russia had […]
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Ukraine rules out ceasefire and ceding territory; Moscow names 963 Americans banned from Russia
Russia’s only unit of Terminator tank support vehicles is believed to be in the Donbas: UK MoD The U.K.’s Ministry of Defence believes that Russia’s only operational company of BMP-T Terminator tank support vehicles has likely been deployed to Severodonetsk in Ukraine’s eastern Donbas, where Russian forces are heavily concentrating strikes to gain territory. The […]
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Russia may be running out of crucial targeting drones; brutal siege of Mariupol steel plant ends. Follow our live updates
Boris Johnson spoke with Turkey’s Erdogan about NATO concerns U.K. Boris Johnson spoke with his Turkish counterpart Recep Tayyip Erdogan on Friday, focusing on their two countries’ cooperation and the war in Ukraine. Johnson raised the issue of Turkey’s opposition to Sweden and Finland’s NATO membership applications, and “encouraged” Erdogan to work with both countries […]
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Stocks making the biggest moves premarket: Foot Locker, Deere, DoorDash and others
Check out the companies making headlines before the bell: Foot Locker (FL) – The athletic footwear and apparel retailer reported an adjusted quarterly profit of $1.60 per share, 5 cents above estimates. Revenue was slightly below forecasts, and same-store sales fell by less than half of what was anticipated by analysts. Foot Locker shares added […]
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Vaccinated and tested, the rich and powerful descend on the snowless hills of Davos
The World Economic Forum is returning to Davos in May after cancelling previous meetings because of the coronavirus pandemic. Fabrice Coffrini | Afp | Getty Images The rich, famous and most powerful are once again returning to the Alpine retreat of Davos, Switzerland, next week following a two year coronavirus-induced hiatus that had forced the […]
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‘Who is talking about climate change now?’ What the Ukraine war means for global heating
A group of Ukrainian women demonstrate to call for further action against Russia near the headquarters of the EU Commission in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images LONDON — Reflecting on energy markets just over one month into Russia’s onslaught in Ukraine, Saudi Arabia’s top energy official said: “Look at […]
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Stephen Roach calls stagflation his base case, warns market is unprepared for the consequences
Stagflation is making a comeback, according to former Morgan Stanley Asia chairman Stephen Roach. He warns the U.S. is on a dangerous path that leads to higher prices coupled with slower growth. “This inflation problem is widespread, it’s persistent and likely to be protracted,” Roach told CNBC’s “Fast Money” on Thursday. “The markets are not […]
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Stocks making the biggest moves premarket: Kohl’s, BJ’s Wholesale, Spirit and more
Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s reported adjusted quarterly earnings of 11 cents per share, well short of the 70-cent consensus estimate. Revenue was better than expected, but the retailer noted a tough sales environment as well as higher costs. Kohl’s shares fell 3.3% in premarket trading. BJ’s […]
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Russia says it has sent 900 Ukrainian soldiers to prison camp; U.S. reopens embassy in Kyiv
Ukraine’s presidential advisor says the war is unlikely to end by fall Local boys sit on a swing in the yard of an apartment building destroyed by the Russian army airstrike in Ukraine May 13, 2022. The war in Ukraine is expected to continue through the summer and possibly beyond, presidential advisor Oleksii Arestovych said, […]
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