Russian missiles rain down on Ukraine as the West promises lasting support

The battle for Lysychask continues You could be next, Zelenskiy tells NATO leaders Mykolaiv attack is a sign of an intensified Russian offensive NATO says more weapons are in preparation Kyiv, June 29 (Reuters) – Russian forces attacked targets in southern Ukraine’s Mykolaiv region on Wednesday and intensified strikes on front lines across the country … Read more

Sweden and Finland on track to join NATO as Russia and China focus on allies

Turkey wins security promises from Finland and Sweden Russia to be called ‘main threat’ after Ukraine invasion ‘You are not going to win’, S├ínchez tells Putin in a speech NATO summit will agree on more reinforcements for Baltic countries NATO to pay more attention to China’s military rise MADRID, June 29 (Reuters) – Sweden and … Read more

Asian Stocks Lose Gains Made in Shorter China Quarantine as Recession Fears Persist

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, looks at an electronic board showing Japan’s Nikkei index outside a brokerage house in Tokyo, Japan, on March 7, 2019. 2022. REUTERS/Kim Kyung-Hoon Sign up now for FREE unlimited access to Reuters.com Record TOKYO, June 29 (Reuters) – Asian stock markets fell on … Read more

Credit Suisse found guilty in cocaine cash laundering case

Credit Suisse first major Swiss bank to face criminal trial Former banker found guilty of qualifying money laundering Bank plans to appeal BELLINZONA, Switzerland, June 27 (Reuters) – Credit Suisse (CSGN.S) was convicted by the Swiss Federal Criminal Court on Monday of failing to prevent money laundering by a Bulgarian gang of cocaine traffickers in … Read more

NATO will have more than 300,000 more prepared soldiers: Stoltenberg

Madrid Summit to adapt NATO’s position towards Russia Change fueled by the Russian invasion of Ukraine New strategy document to qualify Russia as a ‘direct threat’ BRUSSELS, June 27 (Reuters) – NATO will massively increase the number of troops on high readiness to more than 300,000, Secretary-General Jens Stoltenberg said on Monday, with allies adopting … Read more

Oil Prices Rise Ahead of G7 Talks on New Russian Sanctions

Crude oil storage tanks are seen at the Kinder Morgan Terminal in Sherwood Park, near Edmonton, Alberta, Canada, November 14, 2016. REUTERS/Chris Helgren Sign up now for FREE unlimited access to Reuters.com Record LONDON, June 27 (Reuters) – Oil prices rose in a volatile session on Monday as investors awaited any moves against Russian oil … Read more

G7 nations announce Russia gold ban as summit kicks off under shadow of war

Gold ban targets ‘Putin’s war machine,’ says British PM Oil import price cap also under discussion, says German source The G7 also aims to tackle rising energy prices SCHLOSS ELMAU, Germany, June 26 (Reuters) – Members of the Group of Seven wealthy nations announced a ban on Russian gold imports on Sunday as the G7 … Read more

EU plans for a life without Russian gas amid rising inflation

‘The notion of cheap energy is gone,’ says Latvian PM Inflation in the euro zone has skyrocketed to record highs Germany warns some industries may have to close this winter BRUSSELS, June 24 (Reuters) – EU leaders warned on Friday that “cheap energy is over” and agreed to boost preparations for further Russian gas cuts, … Read more

Stocks moderate their inflation expectations due to the blow to copper

S&P futures up 0.9%, European stocks gain 1.5% MSCI Global Shares Target 2.5% Weekly Gain Copper falls more than 7% in the week, oil falls 2% German 10-year bond yield falls 4 bps LONDON, June 24 (Reuters) – Global stocks were headed for their first weekly gain in a month and Wall Street was set … Read more

UK Prime Minister Boris Johnson under pressure after losing two parliamentary seats

Party chairman resigns after defeats, says change is needed Conservatives lose seat in heart of the South Johnson’s 2019 electorate fractures as Labor recaptures Wakefield PM mired in scandal for confinement parties LONDON, June 24 (Reuters) – Prime Minister Boris Johnson’s Conservative Party lost two parliamentary seats on Friday, prompting the resignation of the party’s … Read more