Ukraine Financial News

The unions have called for a strike demanding higher wages and better service conditions. The staff are not employed by Gatwick Airport, they work for four companies- ASC, GGS, DHL Services, and Menzies Aviation. The representatives of the DHL Services and Unite are holding talks to resolve the issue and avoid the strike. But there are problems as Unite has rejected a demand for an 11 percent hike in wages. A spokesperson for Menzies Airlines said that this hike is in addition to the pay revision of 2022. But he said that negotiations are being held and both sides want to avoid the strike. But the unions point out that most of the workers get an average of GBP 12 per hour and work in difficult and demanding conditions. Many companies cut many jobs and many roles were made redundant during the pandemic. Now they are denying the much-awaited pay hike. The experts feel that if the strike takes place, it will further complicate the issue and put the British aviation industry under pressure as it is already under strain due to limited air space caused by Russia-Ukraine War. Besides, workers in air traffic controls are also planning a strike. It may force some airlines to cut flights. EasyJet has already canceled more than 1,700 flights. Airlines strike is looming large at a time there have been several strikes in other sectors like nursing, railways, metro services, Border Force staff, and Civil Services. They all are demanding increased wages as the living cost has gone up in the country.

Russian President Vladimir Putin said the Wagner paramilitary group led by Yevgeny Prigozhin “simply doesn’t exist," as he moves to dismantle an organization that was critical to Moscow’s war effort in Ukraine before it turned on the Russian establishment in a short-lived mutiny last month. Putin’s comments, in an interview published late Thursday in Russian newspaper Kommersant, came days after Russia’s Defense Ministry said it had taken control of Wagner tanks, artillery and guns after its involvement in the biggest challenge to Putin in his 23 years in power.

Emerging markets bank KNG Securities has hired a senior markets professional from VTB Capital, which shuttered its London investment bank in the wake of Russia's invasion of Ukraine last year.

Wimbledon titles? He has dominated the All-England Club turf so far, but the road ahead is not a cakewalk. The Serb will take on number eight Jannik Sinner at the semifinal on Friday. The other semifinal will be played between number one Carlos Alcaraz and number three Daniil Medvedev. It is not the first time that Djokovic will meet Sinner. They clashed in the Wimbledon quarterfinal last year when the 23-time Grand Slam winner thrashed the prodigy. He is already one of the top tennis players in the world. He is a former skiing player and has friends with legend Lindsey Vonn. Both Alcaraz and Medvedev are former U.S. Open champions. Alcaraz won it last year at the age of just 19. He is pursuing his second major title. In women’s singles, all eyes are set on Ons Jabeur who stormed into the semifinal by thrashing defending champion Elena Rybakina 6-7, 6-4, 6-4. She also avenged her defeat in the Wimbledon final last year. The Tunisian tennis sensation became the first African to reach the Wimbledon women’s final last year. Will she beat all odds this year and win the championship? She will meet second seed Aryana Sabalenka in the semifinal Friday. Sabalenka thrashed Madison Keys in the quarterfinal. In another semifinal, Ukrainian Elena Svitolina will meet Czech Marketa Vondrousova. Vondrousova is looking to be the first unseeded player to win Wimbledon women’s championship. In men’s singles, British player Andry Murray went out of the tournament after he had lost to Stefano Tsitsipas.

India’s palm oil imports jumped 56% to a three-month high in June, as buyers took advantage of a dip in prices to increase purchases, a leading trade body said on Friday. Imports rose to 683,133 metric tons in June, up from 439,173 metric tons in May as prices fell to their lowest in 28 months, the Mumbai-based Solvent Extractors’ Association of India (SEA) said in a statement.

Read more of our recent coverage of the Ukraine war If the phrase wasn’t already taken, Ukraine and the EU could be said to enjoy a “no-limits friendship". The bloc’s 27 countries, four of which border Ukraine, have provided money and weapons to their neighbour, taken in its refugees and trained its troops. Ukrainian flags in Brussels dangle from balconies and official buildings.

drone strike on Ukrainian President Volodymyr Zelenskiy's hometown, the central city of Kryvyi Rih, the regional governor said on Friday. The attack damaged a number of buildings in Kryvyi Rih but Ukraine's air force said 16 of the 17 Iranian-made Shahed attack drones launched by Russia overnight had been shot down in southern and eastern areas of the country.

Upbit, South Korea’s biggest crypto exchange, has published a full, translated text of the EU’s MiCA crypto regulation laws, a suggestion that Europe’s new rules could be impacting other nations.

2023 has so far been a meager year for crypto scammers, according to a new report from blockchain intelligence firm Chainalysis.

Dmitry Kuleba «will make an emergency visit to Pakistan» in a few days ostensibly to discuss procurement of additional defence equipment as Kyiv runs short of ammunition in its war against Russia. Kuleba's trip will be the first big visit from Ukraine to Pakistan since the War and the issue of defence procurement is expected to figure high on the agenda, ET has learnt.

Narendra Modi is on his two-day visit to France where he addressed the Indian diaspora at the La Seine Musicale. On his arrival, he was received by Prime Minister Borne at the airport in a special gesture. A ceremonial welcome and Guard of honour were accorded to Prime Minister Modi upon his arrival at the airport. Some of the iconic quotes made by PM Modi during his speech-

Treasury Secretary Janet Yellen is visiting two of China’s neighbors where she has pushed firms to move their operations—just a week after she reassured officials in Beijing that the U.S. wasn’t out to sever trade and investment ties. The trip to India and Vietnam underlines a central tension in the U.S.-China economic relationship: Yellen and the Biden administration must figure out how to promote alternatives to China without further upsetting relations with Beijing.

By Michelle Nichols

counter-offensive against the Russian invasion, a senior army official said Thursday. «We just got them, we haven't used them yet, but they can radically change (the battlefield),» Ukrainian army commander Oleksandr Tarnavskyi told US broadcaster CNN in an interview.

₹2,870.1 crore in Q1, rising by 11.95% YoY. Meanwhile, revenue from operations stood at ₹22,831 crore in Q1FY24, recording a growth of 6.05% YoY. The tech major's non-GAAP constant currency IT Services segment revenue decreased by 2.8% QoQ and increased by 1.1% YoY.

By Steve Holland and Essi Lehto

Wimbledon women’s singles, the Czech tennis star thrashed 12th seed Veronika Kudermetova and defeated 20th seed Donna Vekic in the third round. She sent home 32nd seed Marie Bouzkova in the last 16 and vanquished fourth seed Jessica Pegula in the quarterfinals. Now, she will take on Ukrainian player Elina Svitolina to book a birth in the final. Marketa began playing tennis at the age of four with her father David Vondrousova in 2003. The 5ft 6in tall young sensation has won only one WTA tournament so far- Biel/Bienne in 2017. But the Czech woman has finished runner-up in French Open, Tokyo Olympics 2021, Istanbul Open, and Budapest Open. She reached the Rolland Garros final in 2019 without dropping a single set in the tournament and was ranked 14th, her highest ranking so far. She won career prize money of USD 5447411 on July 3, 2023. She is married.

Experts are warning that rice production across South and Southeast Asia is likely to suffer with the world heading into an El Nino

The South Korean president is in Poland for two days of talks and meetings on global security, the war in neighboring Ukraine, and developing bilateral business and defense ties

France’s parliament has approved a boost to military spending spurred on by Russia's war in Ukraine

The German government has presented a long-awaited strategy for relations with China that points to a “systemic rivalry” with the Asian power and a need to reduce risks of economic dependency, but highlights Berlin’s desire to work with Beijing on chal...