Ukraine Financial News

Oil prices rose in early Asian trade on Thursday on concerns of lower supply as major producers are keeping output cuts in place and on signs of stronger economic growth in the U.S., the world's biggest oil consumer. Brent futures for June rose 15 cents, or 0.2%, to settle at $89.51 a barrel at 0037 GMT. U.S. West Texas Intermediate (WTI) futures for May rose 15 cents, or 0.2%, to $85.59 a barrel.

Canadians aren’t likely to see gas cost less than a dollar a litre in the future, according to a price-monitoring company.

2024 Lok Sabha elections “even if they are united". "This is an alliance of convenience of some self-seeking Opposition leaders. However, they can't even face up to the NDA even if they are united.

Oil prices extended gains on Wednesday as a larger than expected fall in U.S. crude inventories and escalating geopolitical tensions raised investor worries about tighter supplies. Brent futures for June delivery rose 20 cents, or 0.22%, to $89.12 per barrel, while U.S. West Texas Intermediate (WTI) crude futures for May climbed 17 cents, or about 0.2%, to $85.32 a barrel, at 0015 GMT.

Biden raised concerns over China's support for Russia's defence industrial base and its impact on European and transatlantic security."He raised concerns over the PRC’s support for Russia’s defense industrial base and its impact on European and transatlantic security, and he emphasised the United States’ enduring commitment to the complete denuclearization of the Korean Peninsula," the White House reported. "If the United States insists on suppressing China's high-tech development and depriving China of its legitimate right to development, we will not sit idly by," Xi warned, according to Chinese state media. Biden also refused to back down on TikTok, the blockbuster Chinese-owned app that Congress is threatening to ban unless it changes hands, with Kirby saying Biden insisted he wanted to protect Americans' data security.

The deaths of seven World Central Kitchen workers in an Israeli airstrike in Gaza was a tragic turn for an American homegrown charity that, in less than 15 years, has mushroomed from the grassroots brainchild of a celebrity chef into one of the world’s...

Brent crude reached $89 per barrel on Tuesday, up from $77 at the end of 2023. Analysts expect a straightforward meeting, supporting the earlier decision to extend output cuts. The meeting is scheduled for 1 p.m.

S Jaishankar on Tuesday assured safe return home for Indian citizens worldwide and recalled how India's foreign policy was at the forefront for the evacuation of Indian nationals under Operation Indravati to evacuate its nationals from the violence-hit Haiti and Operation Ganga in Ukraine. He said that the Indians should have full confidence that the government will stand by them in all kinds of eventualities and crises, be it the Ukraine, earthquake in Nepal, war in Yemen, or others and never leave them to their fate. Speaking at the intellectual meet in Gujarat's Rajkot, Jaishankar said, «When you leave the borders of India and go out into the world, then go with full confidence that the Indian government is standing with you.»

Ukrainian drone struck Russia's third largest oil refinery on Tuesday about 1,300 km (800 miles) from the front lines, hitting a unit that processes about 155,000 barrels of crude per day though an industry source said the damage was not significant. Russian officials said its jamming devices locked onto a Ukrainian drone near Tatneft's Taneco refinery, which has an annual production capacity of more than 17 million tons (340,000 barrels per day). Pictures from the scene indicated the drone hit the primary refining unit, CDU-7, at the refinery, though the drone appears to have not done serious damage.

The French foreign minister has pressed China on trade issues and the war in Ukraine ahead of a planned visit to France by Chinese leader Xi Jinping later this spring

Premier League club Everton has reported losses of 89.1 million pounds ($112.5 million) in its latest accounts

Zircon missiles to attack Kyiv since the start of the year, the city's military administration said on Monday. The attacks are among more than 180 Russian missile and drone attacks launched against the Ukrainian capital in the first three months of the year, the administration said in a post on Telegram. The sea-based Zircon missiles have a range of 1,000 km and travel at nine times the speed of sound, Russia says. Military analysts have said the missiles' hypersonic speed could mean greatly reduced reaction time for air defences and a capability to attack large, deep and hardened targets.

Gold rose to a record as indications the Federal Reserve is getting closer to cutting interest rates added impetus to a rally that’s also been driven by geopolitical tensions and robust Chinese demand.

MOTYZHYN, Ukraine—Two years ago, Ukrainian soldiers who retook this village near Kyiv from Russian invaders found the bodies of the mayor, her husband and their son buried in a shallow grave with bullet holes in their chests and heads. These days the front line is hundreds of miles away, to the east and south, with the war in a violent deadlock. But the village is adapting for a long war.

NEW DELHI : Rating agency Icra Ltd credited the Indian government’s spending on infrastructure, apart from promising macroeconomic conditions and relatively stable commodity prices, for the country’s robust economic growth amid a sea of challenges. Icra joined the bandwagon of rating agencies predicting robust growth for India’s economy, which it said faced multiple challenges including inflation, rise in borrowing costs, sub-par monsoons, sluggish exports, the Red Sea crisis, and the effects of the Russia-Ukraine and Israel-Palestine conflicts.

S Jaishankar on Monday said that India's national security interests are involved in its investigation into the alleged involvement of a government official in the assassination plot aimed at Khalistani extremist Gurpatwant Singh Pannun. As reported by PTI, Jaishankar while replying to a question about US Ambassador to India Eric Garcetti's statement that the involvement of a government official in an assassination bid on the citizen of another country is an “unacceptable red line", said, “It is something we are investigating as we believe our own national security interests are involved in that investigation." Also Read: Katchatheevu row: Jaishankar says ‘6,184 fishermen, 1,175 vessels detained by Sri Lanka in 20 years’ Jaishankar further noted that the US ambassador will say what he feels is the thinking or position of his government.

Putin has signed a decree setting out the routine spring conscription campaign, calling up 150,000 citizens for statutory military service, a document posted on the Kremlin's website showed on Sunday. All men in Russia are required to do a year-long military service, or equivalent training during higher education, from the age of 18. In July Russia's lower house of parliament voted to raise the maximum age at which men can be conscripted to 30 from 27. The new legislation came into effect on Jan. 1, 2024.

Reuters, the opposition emerged as a strong political force, with Istanbul Mayor Ekrem Imamoglu solidifying his position as Erdogan's main rival. Imamoglu led by a significant margin in the mayoral race in Istanbul, Turkey's largest city, with the Republican People's Party (CHP) also securing victories in Ankara and 15 other cities.

Sebastien Lecornu said France is to deliver «hundreds» of armoured vehicles by the beginning of next year to Ukraine as part of a new package of military aid for the country that just entered its third year since the Russian invasion. In an interview with the French newspaper La Tribune's Sunday edition, Lecornu said that «to hold such an extensive front line, the Ukrainian army needs, for example, our armoured personnel carriers. It's absolutely key for troop mobility». The French military is currently replacing its old VAB armoured personnel carriers that started being used in 1979 by a new generation of armoured vehicles. «This old equipment, still operational, is going directly to Ukraine in large quantities. We're talking about hundreds (of vehicles) in 2024 and early 2025,» Lecornu said. Lecornu also said France will provide Ukraine with more anti-aircraft missiles.

CBI) has recorded the statements of the family members of Azad Yousuf Kumar, a Kashmiri man who was allegedly unwittingly thrust into the Russia-Ukraine conflict after being deceived. The agency recorded their statements recently after filing an FIR against 19 people and visa consultancy firms linked to the exploitation of Indian youth. Azad's elder brother Sajad Ahmed Kumar told PTI that the CBI questioned him about his brother's situation and wanted his presence at their New Delhi office. However, he was unable to comply due to current financial circumstances. Sajad also said the families of 12 other affected Indian men have been contacted by the CBI and they emphasised their desire for the safe return of their loved ones.

₹85.34 crore in profits, against a small loss in the same period last year. In an exclusive interview with Mint, Dolf van den Brink, chairman of the executive board and CEO of Heineken, UBL's Dutch parent, said India escaped a major impact from geopolitical issues like raw material cost inflation because of its local sourcing. Van den Brink said the company plans to expand the Heineken brand further nationally.