Ukraine Financial News
06.07 / 11:01
COST
Lowe's
MET
VISA
Low
Imports of low ash Met Coke under Safeguard duty probe scanner
Directorate General of Trade Remedies (DGTR) has initiated a Safeguard duty (Quantitative Restrictions) investigation concerning imports of low ash metallurgical coke (Met Coke) into India. This probe has been triggered after complaints from BLA Private Limited, Jindal Coke Limited, Saurashtra Fuels Private Limited, Vedanta Malco Energy Limited, and Visa Coke Limited. According to a DGTR notice, the applicants have alleged that there has been a ‘sudden, sharp, significant, and recent’ increase in volume of low ash metallurgical coke imports in India.
06.07 / 05:33
COST
UPS
FIVE
Extreme
Manufacturing
Fighting
The West Again Learns That War Needs Industry
Behind the deadly front lines where Ukrainian and Russian soldiers are locked in combat, a less-noticed life-or-death battle is raging to keep troops supplied with arms and ammunition. The side that loses that fight is the one that will lose the war. It is a lesson Washington is relearning.
06.07 / 04:45
COST
Citi
Manufacturing
CEO
Strategy
Pool
Deloitte
The Ukraine war changed this company forever
This 50-acre plot in Oradea, Romania, close to the border with Hungary, beat out scores of other sites in Europe to become the home of Nokian Tyres’ new 650 million-euro ($706 million) factory. Like an industrial-minded Goldilocks, the Finnish tire company had searched for the just-right combination of real estate, transport links, labor supply and pro-business environment. Yet the make-or-break feature that every host country had to have would not have even appeared on the radar a few years ago: membership in both the European Union and the North Atlantic Treaty Organisation.
06.07 / 01:35
UPS
Action
Over 26,000 children experience highest number of grave violations in THESE conflicts: Report
The Associated Press. Grave violations include the recruitment and use of children by combatants, killings and injuries, sexual violence, abductions, and attacks on schools and hospitals. UNICEF also expressed particular concern about their plight in Haiti, Nigeria, Ethiopia, Mozambique, and Ukraine, where Russia has been put on the UN blacklist.
06.07 / 01:33
Citi
Telegram
After Ukraine missile alerts, Lviv mayor says four wounded, number growing
Ukraine, the mayor of the western city of Lviv said four people had been injured and the casualty count was growing. «At this moment it is known that four are wounded as a result of rocket fire.
06.07 / 01:33
COST
UPS
Lowe's
Reuters
Rice to get costlier as weather, India's farm perks threaten supply
rice prices, now at their highest in 11 years, are set to rally further after India moved to boost payments to farmers, just as El Nino threatens yields in key producers and alternative staples get costlier for poor Asians and Africans. India accounts for more than 40% of world rice exports, which were 56 million tonnes in 2022, but low inventories mean any cut in shipments will fuel food prices driven up by Russia's invasion of Ukraine last year and erratic weather. «India was the cheapest supplier of rice,» B.V.
05.07 / 22:29
Manufacturing
CEO
Gap
SpaceX
Ariane 5 lifts off on last mission as Europe faces space gap
Europe's Ariane 5 rocket on Wednesday blasted off from French Guiana for the final time, carrying two military communications satellites and leaving its nations with a vacuum in autonomous access to space for the first time in more than four decades. The 53-metre-tall, three-stage launcher left the launchpad in the French spaceport of Kourou on its 117th and final mission at 7 p.m.
05.07 / 21:05
UPS
Citi
Action
Racing
Fighting
Taiwan’s Impossible Choice: Be Ukraine or Hong Kong
People in Taiwan have been following every twist of the war in Ukraine. But, while their sympathy for the Ukrainian cause is near-universal, the conclusions for the island’s own future widely diverge. To some, the takeaway is that even a seemingly invincible foe can be defeated if a society stands firm, an inspiration for Taiwan’s own effort to resist a feared invasion by China.
05.07 / 16:52
UPS
Provident
Target
Fighting
Anti-corruption drives that turn cronyist can worsen the scourge
Imagine the following scenario. A political outsider wins a critical election by promising to root out corruption. Even if that is a sincere intention, upon assuming office, the winner will quickly realize that it is best to focus on critics of the government and opposition political parties, since going after one’s own allies for corruption will erode one’s political base.
05.07 / 16:13
COST
UPS
Action
Time
Global wealth slips for first time in 15 years but set for rebound
Global wealth slipped to $255 trillion in 2022, marking a 4% drop from the previous year and the first decline in 15 years, since the financial crisis of 2008.
05.07 / 15:01
UPS
Lowe's
Reuters
Russians feel the pinch as rouble tumbles past 91 vs dollar
Capital controls have helped insulate the rouble against geopolitics in the 16 months since Russia invaded Ukraine, but mercenary leader Yevgeny Prigozhin's aborted march toward Moscow on June 24 has reverberated through markets and raised questions about President Vladimir Putin's grip on power. By 1315 GMT, the rouble was 1.7% weaker against the dollar at 90.54, earlier hitting 91.0675, its weakest point since March 28, 2022. It lost 1.6% to trade at 98.76 versus the euro, earlier passing the 99 mark for the first time in more than 15 months, and shed 1.2% against the yuan to 12.49, a more than 14-month low.
05.07 / 14:59
Oil prices
fall
Adani Wilmar sees 15% decline in sales on fall in edible oil prices in Q1
Adani Wilmar said on Wednesday that first-quarter sales has declined by 15 per cent on sharp fall in edible oil prices eclipsed strong demand for its food products. Edible oil prices have been on a decline since last year, hit by lower consumer demand in developed economies, easing of supply in the Black Sea region and strong production of oilseeds.
05.07 / 14:03
Provident
Platform
CBS
RAI
Time
Spain U21 vs Ukraine U21 live streaming: Date, time, how to watch Euro U21 Semifinal 2023
Egypt: 9:00 PM France: 9:00 PM Israel: 10:00 PM Italy: 9:00 PM Morocco: 9:00 PM Norway: 9:00 PM Poland: 9:00 PM Portugal: 8:00 PM Saudi Arabia: 10:00 PM Serbia: 9:00 PM Spain: 9:00 PM Sweden: 9:00 PM Switzerland: 9:00 PM Ukraine: 10:00 PM United Arab Emirates: 11:00 PM United States: 3:00 PM (Eastern Time)
05.07 / 08:05
UPS
Provident
Target
Digital
Booking
Cyber
Kaja Kallas says Ukraine is giving the free world a masterclass on cyber-defence
UN Security Council meeting on cyber-security. Almost everyone at the meeting stressed what all states have already agreed: international law, including the UN Charter in its entirety, applies in cyberspace. Russia did not.
05.07 / 06:43
UPS
Citi
Citizens
Waters
Action
NOT
Why Vladimir Putin is not a pariah in China
China is presented as an exception: a peace-loving giant that seeks only to do good. Instilling cynicism about the world serves the party well. Without it, February 4th could be a ticklish anniversary for President Xi Jinping.
05.07 / 05:21
Software
Drop
Cyber
Cyber insurance rates drop 10% in June -report
insurance rates dropped around 10% in June compared with a year earlier, reversing recent sharp rate rises, as claims proved smaller than expected, broker Howden said in a report on Wednesday. Cyber insurance rates more than doubled in 2021 during the COVID-19 pandemic, driven by a rise in so-called ransomware attacks, Howden said.
05.07 / 03:19
Target
Racing
Strategy
Patrick
Europe, China race to lock in LNG shipments from United States
London | A race between European and Chinese energy groups to lock in shipments of liquefied natural gas from the US is driving investment in a range of export projects that will boost a market facing a potential supply shortage.
05.07 / 01:29
Target
Cooper
Strategy
Xi Jinping defends BRI at SCO summit despite India's reservations
Xi Jinping pitched for his country’s Belt and Road Initiative (BRI) in his speech at the SCO Summit on Tuesday, claiming that the infrastructure project would facilitate regional cooperation and trade and investment, even as host India expressed reservations over such initiatives. Xi called for “efforts to better synergise high-quality cooperation under the BRI with various countries’ development strategies and regional cooperation initiatives”.
04.07 / 23:29
Manufacturing
CEO
reports
Ukraine dubs Unilever an ‘international sponsor of war’ amid reports it paid Russia $331 million in taxes last year
Ukrainian leaders lashed out at Unilever this week as a new Russian law compelled it to contribute to ongoing war efforts. The Ukraine Solidarity Project led protests against the company on Monday, placing it on a 'sponsors of war' list alongside Procter & Gamble and the French supermarket group Leroy Merlin. The developments came after it was revealed that Unilever had paid Moscow $331 million in taxes last year.
04.07 / 18:09
Provident
Lowe's
FPIs turn net debt buyers after 3 yrs
₹16,722 crore worth of Indian government and corporate bonds in the calendar year through June. FPIs net sold Indian bonds worth ₹1.31 trillion in the past three years ending 2022. The last time they were net buyers was in 2019, when they purchased ₹25,882 crore worth of bonds.
04.07 / 16:01
Citi
Fighting
NATO, Unable to Agree on a New Leader, Keeps Stoltenberg
NATO members, unable to agree on a new leader for the military alliance amid Russia’s invasion of Ukraine, extended Secretary–General Jens Stoltenberg’s mandate by one year. Stoltenberg, who recently said he had no plans to remain in the office he has held since October 2014, said he was honored by the decision, which is the fourth time his initial four-yearterm has been extended. He will serve through the North Atlantic Treaty Organization’s 75th anniversary next April, and a summit in Washington next summer.
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