(Reuters) – Russian forces pounded the outskirts of Kyiv and a besieged city in northern Ukraine, a day after Moscow promised to scale down operations there in what the West dismissed as a ploy to regroup by invaders suffering heavy losses. FIGHTING * …
Inflation in Russia climbs above 15.6%, highest since September 2015
(Reuters) – Annual inflation in Russia accelerated to 15.66% as of March 25, its highest since September 2015 and up from 14.53% a week earlier, the economy ministry said on Wednesday, as the battered rouble sent prices soaring amid unprecedented Weste…
Markets in Q1: Invasion and inversion shake world order
By Marc Jones LONDON (Reuters) – Investors had hoped 2022 would be the year when the market recovery from COVID-19 finally got cemented and life started to feel a little more normal. Boy were they wrong. Russia’s invasion of Ukraine combined with super…
Russia may have committed ‘war crimes’ in Ukraine, says U.N. rights boss
By Stephanie Nebehay GENEVA (Reuters) – Russia may have committed war crimes by killing civilians and destroying hospitals in its pounding of Ukrainian cities, the top United Nations human rights official said on Wednesday in her strongest comments yet…
Peace deal “at gunpoint” will not end EU’s Russian sanctions – Rutte
AMSTERDAM (Reuters) – A peace deal between Russia and Ukraine will have to respect the territory and sovereignty of Ukraine in order to ease European sanctions against Moscow, Dutch Prime Minister Mark Rutte said on Wednesday. “A peace agreement at gun…
European shares retreat from pre-war levels as investors hit pause
By Shreyashi Sanyal and Anisha Sircar (Reuters) – European shares retreated after three straight sessions of gains on Wednesday, as investors paused to take stock of the outcome of Russia-Ukraine peace talks. The STOXX 600 closed at levels hit before t…
Ireland freezes some Russian issued assets in SPEs – central bank
DUBLIN (Reuters) – Some assets held in Irish special purpose entities (SPEs) have been frozen as a result of European Union sanctions imposed on Russian individuals, Irish Central Bank Governor Gabriel Makhlouf said on Wednesday. Dublin is a major hub …
Sorrell’s S4 pulls results due to auditor delay, shares down 35%
LONDON (Reuters) -Shares in Martin Sorrell’s S4 Capital plunged by 35% on Wednesday after auditors PwC said they were unable to complete the work needed for the digital advertising group to release its 2021 results on Thursday. S4 said in a statement t…
Explainer-Peace talks on Ukraine: Russia’s red lines unchanged
By Guy Faulconbridge LONDON (Reuters) – Russia and Ukraine are talking about a peace deal while their soldiers kill each other, but there has been no breakthrough and they remain far apart on the question of territory. President Vladimir Putin says the…
UK tightens sanctions targeting Russian oligarchs’ jets and yachts
LONDON (Reuters) -Britain put in place new legal powers on Wednesday to prohibit maintenance on aircraft and ships belonging to specific sanctioned Russian oligarchs or their businesses. The government is acting in concert with Western allies to try to…