BERLIN (Reuters) – Ukrainian President Volodymyr Zelenskiy expressed shock at what he said was the failure of the United Nations and the Red Cross to help after the destruction of the massive Kakhovka dam as his prime minister called for aid from international agencies. Although the catastrophe happened many hours ago, “they aren’t here”, Zelenskiy…
By Tatiana Gomozova and Alexander Paramoshin BELGOROD, Russia (Reuters) – A week after fleeing her home in southern Russia to escape cross-border shelling from Ukraine, Irina Shevtsova is adjusting to life as a refugee inside her own country. Shevtsova is one of thousands of Russians who have abandoned their homes and taken shelter in Belgorod,…
By Nevzat Devranoglu and Huseyin Hayatsever ANKARA (Reuters) -Turkey’s lira plunged 7.6% to a record low on Wednesday in its biggest selloff since the historic 2021 crash, and traders called it a “strong signal” that Ankara is moving away from state controls toward a freely traded currency. The lira has come under increasing pressure since…
By Andrew Osborn (Reuters) – A top Moscow-backed official in part of Ukraine controlled by Russia has said that the collapse of the giant Kakhovka Dam has handed the Russian military a tactical advantage, but a prominent U.S. military analyst saw little immediate impact. The vast Soviet-era Kakhovka dam, under Russian control, was breached in…
By Shreyashi Sanyal and Sruthi Shankar (Reuters) -European stocks slipped on Wednesday, dented by healthcare stocks and concerns about the outlook for interest rates in the euro zone, although a strong earnings update from Zara owner Inditex boosted retailers and Spanish shares. The pan-European STOXX 600 index fell 0.2%, with Wall Street also struggling for…
By Nell Mackenzie and Chiara Elisei LONDON (Reuters) – Hedge fund Man Group Chief Executive Luke Ellis believes central banks have not tamed inflation and threats to the broader economy persist, he said on Wednesday. “The bigger picture is that central banks think they’ve done a lot but they haven’t really made much difference to…
By Kanishka Singh WASHINGTON (Reuters) – The United States on Wednesday announced a reward of up to $5 million for information that could lead to the arrest of Swedish national Maximilian Rivkin, who has been charged with involvement in drug trafficking and money laundering. The offer was announced by the U.S. State Department jointly with…
By Michael Holden and Sam Tobin LONDON (Reuters) -Prince Harry said on Wednesday he would feel a sense of injustice if London’s High Court did not conclude he was a phone-hacking victim, as he completed more than eight hours giving evidence against a British tabloid newspaper group. Harry, King Charles’ younger son, spent a day-and-a-half…
By Tim Hepher, Joanna Plucinska and Aditi Shah ISTANBUL (Reuters) – Global airlines called on Tuesday for broad co-operation to reach “very tough” emission targets and pledged to release interim climate targets next year as the industry aims for a goal of net-zero by 2050. Aviation, which produces around 2% of the world’s emissions, is…
(This June 6 story has been corrected to say Arrival reduced its headcount by 50% in the first quarter, in paragraph 4) (Reuters) – Arrival said on Tuesday it will convert shareholder hedge fund Antara Capital Master Fund LP’s $20 million loan into equity, a move that would help the British electric-vehicle startup lower its…
