Ukraine claws back more territory in southern Kherson region

KYIV, Ukraine (AP) — Ukrainian forces have broken through Moscow’s defenses in the strategic southern Kherson region, the Russian military acknowledged Monday, an achievement that delivers a sharp blow to one of the four areas in Ukraine that Russian President Vladimir Putin annexed last week. Russia’s Defense Ministry spokesman Igor Konashenkov said in his daily…

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BHP Lifts Steel Consumption Forecast On Surging Demand From Renewable Power Farms

BHP Lifts Steel Consumption Forecast On Surging Demand From Renewable Power Farms

(Reuters) – BHP Group Ltd lifted its long-term demand forecast for steel as a global shift towards the decarbonisation of power generation will boost requirement of the commodity, the world’s largest listed miner said on Monday. The Melbourne, Australia-based miner forecasts surging demand for wind and solar farm equipment to boost steel demand by 2%…

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Take Five: A Bumpy Home Straight

Take Five: A Bumpy Home Straight

(Reuters) – A tumultuous year for financial markets is entering the home straight, with Britain battling a self-inflicted crisis and markets pouring over U.S. jobs data to determine how much of an impact Fed hikes are having on the U.S. economy. Currencies plumbing multi-year lows in Australia and New Zealand are ramping up pressure on…

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