Ukraine Financial News

Joe Biden said on Friday that both Russian President Vladimir Putin and Hamas wanted to completely «annihilate» their neighbouring democracies. «We've not forgotten the mass graves, the bodies found bearing signs of torture, rape used as a weapon by the Russians, and thousands and thousands of Ukrainian children forcibly taken into Russia, stolen from their parents. It's sick.

LONDON (Reuters) — British retail sales volumes fell by a sharper than expected 0.9% in September compared with the month before, figures from the Office for National Statistics showed on Friday.

Israel-Hamas War LIVE Updates Also read: Day 14 Israel-Hamas War: Israel bombs historic church in Gaza | 10 updates "Israel's credit profile has proven resilient to terrorist attacks and military conflict in the past," it said. "However, the severity of the current military conflict raises the possibility of longer lasting and material credit impact," it added.

Biden on Thursday asked Americans to spend billions more dollars to help Israel fight Hamas while Israel's defence chief told his troops to be ready to go into the Gaza Strip to destroy the Palestinian militant group. In a televised White House speech late on Thursday that also addressed Ukraine's effort to repel Russia's invasion, Biden said Hamas sought to «annihilate» Israel's democracy. The president, who made an eight-hour visit to Israel on Wednesday, also stressed the urgency of getting relief to Palestinian civilians in Gaza who lack food, water and medicine. «We can't ignore the humanity of innocent Palestinians who only want to live in peace and have opportunity,» he said. Biden said he would ask Congress on Friday to approve extra funding for Israel.

Biden on Thursday said Hamas and Russia are both out to «annihilate» democracies in an impassioned speech to the nation from the Oval Office, where he made the case for US assistance to Ukraine and Israel. Hamas and Russian President Vladimir Putin «represent different threats but they share this in common: they both want to completely annihilate a neighboring democracy,» Biden said in the prime-time speech. Fresh from a whirlwind trip to Israel, the 80-year-old Democrat delivered just the second speech of his presidency from behind the historic Resolute Desk in a bid to win over war-weary voters and hardline Republicans. Biden, seeking reelection in 2024, is preparing to push Congress for a massive, $100 billion package that includes funding for Israel in its war with Hamas and for Ukraine's battle against Russia's invasion. Tying together two conflicts an ocean away from the United States is a bid by Biden to frame them as part of a bigger struggle to shape the world order and protect Americans at home. Biden had earlier said on X, formerly Twitter that «we are at a global inflection point that is bigger than party or politics.» Presidents traditionally reserve speeches from the solemn setting of the Oval Office for moments of key national significance. Biden's only previous address from there was in June when he hailed a deal with Congress to avert what would have been a catastrophic US debt default. But Congress has now been paralyzed for more than two weeks as divided Republicans, who control the majority in the House, fail repeatedly to agree on electing a House speaker. Hard-right Republicans, and a growing number of voters, are also strongly opposed to adding to the $43.9 billion in security assistance

NEW DELHI : Jindal Stainless Ltd does not see the Israel-Hamas conflict impacting its exports to Europe, US, and other geographies much and says that global demand is set to improve from the fourth quarter of the current fiscal. The company, which exports about 20% of its total produce to Europe and America, also expects the domestic demand for stainless steel to remain robust despite the elections. For this, the company is working on expansion plans to meet the rising demand, Abhyuday Jindal, managing director of JSL, said in an interview.

Russia’s strategic dependence on China has only grown since the war. This year, trade between the two powers has soared to levels not seen since the beginning of Moscow's war in Ukraine, with Chinese imports of Russian oil offering Moscow a critical lifeline as international sanctions bite.

By Pavel Polityuk

Inflation in the U.K. held steady at 6.7% in September as easing food and drink price rises were offset by higher fuel costs for motorists

The German government has announced a drive to get more Ukrainian and other refugees into jobs now that many have a usable knowledge of the German language

The leaders of Russia and China have met in Beijing and called for close foreign policy coordination

By Richa Naidu

By Darya Korsunskaya and Alexander Marrow

Suddenly in the aftermath of the Hamas massacre on Oct. 7, we have a presidential election about national security. And that could shuffle the U.S.

Russian police think that a “crypto influencer” known as Bitmama, aka the “Queen of Crypto,” may have sent tokens to support Ukraine’s military.

By David Morgan, Moira Warburton and Makini Brice

Shree Ramkrishna Exports (SRK), one the world’s largest diamond producers, from its list of international sponsors of war. Kyiv had accused the Mumbai-based company last month of «continuing to cooperate with the aggressor, purchasing diamonds in Russia,» despite Western sanctions over Russia’s invasion of Ukraine. SRK responded by insisting that it had not purchased rough diamonds from Russia since January and does not plan to do so in the future.

Exceptional monsoon rains washed away cars, bridges and homes in northern India, shortly after Delhi recorded its heaviest day of rainfall in more than 40 years. South Korea scrambled to rescue people trapped by floods and landslides. Back in America Vermont was battered by storms, and roads in New Hampshire collapsed after torrential rain.

There was also a 25.9% decline in the number of deals, with only 1,005 deals announced over the period.

By Steve Holland

MOSCOW (Reuters) -Google's Russian subsidiary has been recognised as bankrupt by a Moscow court, the RIA news agency reported on Wednesday, over a year after proceedings began.