War Financial News

Vladimir Putin is poised to sweep to another six-year term in this week’s presidential election, even though Russians are dying in Ukraine in a war that is grinding through its third year and his country is more isolated than ever

Jamie Dimon, CEO of JPMorgan Chase, voiced his support for Disney (DIS) CEO Bob Iger in his proxy war against activist investor Trian Partners, according to CNBC.

McDonald's (NYSE:MCD) stock fell on Wednesday after the company’s management hinted while speaking at a UBS conference that they expect slightly lower international business sales in Q1 compared to Q4. 

Maharashtra cabinet on Wednesday, March 13, approved the renaming of Ahmednagar district as Ahilya Nagar district. On the birth anniversary of Ahilya Bai Holkar on May 31 last year, Maharashtra Chief Minister Eknath Shinde had announced that the state government will rename its historic district to honour the revered figure. Maharashtra's Deputy CM Devendra Fadnavis had then said that Kashi wouldn’t have remained, had Ahilya Bai Holkar not been there.

By Guy Faulconbridge and Lidia Kelly

ORCHARD HILLS, Australia—At an Australian military base here on the outskirts of Sydney, an unassuming shed-like structure known as Building 215 is set to play an important role in Washington’s strategy for confronting rivals such as China and Russia. Inside, officials plan to establish the first factory outside the U.S. to help make a type of missile that’s been pivotal in the Ukraine war: Lockheed Martin’s Guided Multiple Launch Rocket System, or GMLRS.

By Guy Faulconbridge and Lidia Kelly

The European Union’s executive arm says it will recommend that member countries open accession negotiations with Bosnia-Herzegovina

Russian officials say Ukrainian long-range drones have smashed into two oil facilities deep inside Russia

Brent futures for May delivery were up 24 cents at $82.45 a barrel by 1420 GMT. The April U.S. West Texas Intermediate (WTI) crude contract rose 31 cents at $78.24.

Bengaluru on Tuesday, brandishing empty colourful water pots and wearing Siddaramaiah-masks to protest the Congress regime's alleged inefficiency in the face of the water scarcity crisis in the city. Bengaluru south MP Tejasvi Surya slammed the government, accusing it of leaving the people high and dry to appease its ally DMK in Tamil Nadu. “To keep its alliance partners in TN happy, Congress even took steps detrimental to the city, forgetting the interests of residents of Bengaluru…Both CM Siddaramaiah and Deputy CM DK Shivakumar did not even care to visit the affected areas and see how the situation was on the ground,” he said. The leader met with the Bangalore Water Supply and Sewerage Board (BWSSB) Chairman Ram Prasath Manohar after the protest to submit a memorandum regarding the water crisis. “The Congress government in Karnataka does not have any plan of action for resolving this. We've demanded that CM Siddaramaiah and deputy CM DK Shivakumar visit water-stressed areas, come up with a detailed action plan and address the situation on a war footing. We also offered our suggestions to the Chairman on tackling the water crisis in the city,” he posted on social media platform X.

Russian president Medvedev said. “The French President had already s**to himself and pulled out of the planned visit. Poor France!", Medvedev added.

CNN. This is likely to be the largest mass burial of plague victims ever found in Europe. Melanie Langbein, from Nuremberg’s Department for Heritage Conservation, said, as quoted by CNN, that around plague pits were identified and each contained several hundred bodies.

With no end to fighting in sight, Palestinians in Gaza have begun fasting for the holy month of Ramadan as hunger worsens across the strip and pressure grows on Israel over the growing humanitarian crisis

Sweden’s national flag has been raised at NATO headquarters to cement the Nordic country’s place as the 32nd member

Poland’s president is calling on other members of the NATO alliance to raise their spending on defense to 3% of their gross domestic product

Private sector fuel retailers Jio-BP, Rosneft-backed Nayara Energy and Shell haven't yet been able to fully regain the market share they gave up in 2022 after the beginning of the Russia-Ukraine war that triggered a turmoil in the global oil market and made domestic fuel sales loss making for some time. The three private sector retailers had a combined market share of 8.7% in petrol sales in February, lower than 10% in the same month of 2022, according to industry data. For diesel, their share was 9.3% as against 10.8% two years earlier. Their share, however, is up from last year's 7.4% in petrol and 4.9% in diesel. The market share for all three private companies is lower than their respective shares two years ago in both petrol and diesel. Nayara Energy leads the private players, accounting for more than half of their combined sales. Nayara also operates the largest network of petrol pumps among private retailers. It has 6,590 pumps while Jio-BP, the joint venture of Reliance Industries and BP, operates 1,700 pumps, according to the oil ministry data. Shell has just 340 fuel stations and less than 1% share in domestic sales of petrol and diesel.

Bank of Nova Scotia’s asset-management arm reduced its stake in Israeli defence contractor Elbit Systems Ltd., an investment that sparked protests last year as the war between Israel and Hamas raged on.

EAM S Jaishankar Exclusive: Our next guest at #Expressadda is Dr Jaishankar who has been the face of India’s diplomacy in the fast-changing world in the last five years. The first Foreign Secretary to become the Foreign Minister of the country, he has been key to shaping India’s foreign policy in the past few years, where challenges like then COVID-19 pandemic, an assertive China in India’s neighbourhood, the Russia-Ukraine war and the Israel-Hamas conflict, have upended the global world order.

Shortly after Israel launched its sweeping military operation in Gaza in response to Hamas’s Oct. 7 assault, Jake Sullivan, President Biden’s national security adviser, sat down for an hour-long private meeting at the White House with a group of Muslim and Arab-American leaders. They implored the administration to do more to protect Palestinian civilians in the Gaza, as well as the West Bank, where settler violence was escalating.

TEL AVIV—The last email Israeli tech executive Itamar Ben Hemo sent before a bullet ripped through his ribs, diaphragm and intestine was a note to a colleague. Ben Hemo wanted to know how close the startup he founded was to signing on a new client.For weeks, Ben Hemo—an Israeli army reservist who returned to active duty after Hamas’s deadly Oct. 7 attack on southern Israel—had been using breaks in combat to fire up his laptop, messaging investors and working on making his next sales.