KYIV (Reuters) – Ukrainian troops have advanced up to 1,100 metres near the eastern city of Bakhmut in the past 24 hours, Kyiv said on Wednesday, the first gains it has reported since Russia said Ukraine had started a counter-offensive. Moscow said this week Kyiv had launched a series of assaults in its partially occupied…
(Reuters) – Brown-Forman Corp topped Wall Street estimates for quarterly sales on Wednesday, benefiting from higher prices as well as steady demand for its liquor brands such as Jack Daniel’s whiskey, Woodford Reserve bourbon and el Jimador tequila. Shares of the company rose about 2% in early trading. Spirit makers have raised prices globally as…
By Ahmad Ghaddar LONDON (Reuters) -Oil prices edged higher on Wednesday as Saudi Arabia’s surprise weekend pledge to deepen output cuts outweighed weak Chinese export data and rising U.S. fuel stocks. Brent crude futures were up 31 cents, or 0.4%, at $76.60 a barrel at 1338 GMT, while U.S. West Texas Intermediate crude futures gained…
NOVA KAKHOVKA, Russian-controlled Ukraine (Reuters) – Villagers on the Russian side of the front line in Ukraine surveyed the damage to their flooded homes from a massive dam breach and waited for help from the authorities on Wednesday, while people clamoured for information in chat rooms. Russian-installed officials ordered residents of three districts to leave…
ZURICH (Reuters) -UBS said on Wednesday it has delayed the publication of its second quarter results until August 31. Switzerland’s largest bank, which is currently completing its takeover of rival Credit Suisse had originally planned to report its earnings on July 25. UBS was considering delaying its quarterly results at least until the end of…
By Aditi Shah, Joanna Plucinska and Tim Hepher ISTANBUL (Reuters) – The diversion of a U.S.-built Air India jetliner to Russia with engine problems has thrust industry tensions surrounding Russian airspace into the spotlight – just a day after the head of a major American carrier predicted an almost identical scenario. A global industry meeting…
By Trevor Hunnicutt and Michael Martina WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken will travel to China for talks in the coming weeks, an official said on Tuesday, months after Washington’s top diplomat scrapped a planned trip over a suspected Chinese spy balloon that flew across the U.S. The visit is intended by Washington…
(This June 6 story has been refiled to change the corporate name to Bittrex Inc from Bittrex Global in paragraph 16) By Jonathan Stempel, Hannah Lang and John McCrank NEW YORK (Reuters) – The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange,…
(This June 6 story has been refiled to change the corporate name to Bittrex Inc from Bittrex Global in paragraph 16) By Jonathan Stempel, Hannah Lang and John McCrank NEW YORK (Reuters) – The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange,…
By Maxwell Akalaare Adombila and Jorgelina do Rosario ACCRA/LONDON (Reuters) – Ghana has sent a debt restructuring proposal to its official creditors, two sources with direct knowledge of the matter said, as the West African country battles to escape its worst economic crisis in a generation. The “working proposal” is a crucial first step for…
