Deal comes amid pressure from Chinese shareholder Analysts hail ‘sensitive’ transaction Bank could return deal proceeds to shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its business in Canada to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion) in cash, paving the way for a potential bumper payout … Read more
WASHINGTON, Nov 28 (Reuters) – The Pentagon is considering a Boeing proposal to supply Ukraine with cheap, small precision bombs fitted onto abundantly available rockets, allowing Kyiv to strike far behind Russian lines as the West struggles to meet demand for more arms. US and allied military inventories are shrinking, and Ukraine faces an increasing … Read more
Ukraine racing to repair infrastructure hit by Russia Winter setting in with around 20% energy capacity deficit Party boss says coming week could be ‘really difficult’ KYIV, Nov 27 (Reuters) – Snow fell in Kyiv and temperatures hovered around freezing on Sunday as millions in and around the Ukrainian capital struggled with disruptions to electricity … Read more
KYIV, Nov 26 (Reuters) – Ukraine accused the Kremlin on Saturday of reviving the “genocidal” tactics of Josef Stalin as Kyiv commemorated a Soviet-era famine that killed millions of Ukrainians in the winter of 1932-33. The remembrance day for the “Holodomor” comes as Ukraine is battling to repel invading Russian forces and deal with sweeping … Read more
Putin meets soldiers’ mothers, some bereaved Putin: ‘I personally, and the whole leadership, share your pain’ Russia has not fully enumerated its battlefield losses Some mothers say Kremlin ignores more critical relative’ groups LONDON, Nov 25 (Reuters) – President Vladimir Putin on Friday met with more than a dozen mothers of Russian soldiers fighting in … Read more
G7 price cap on Russian oil could be above current trading level EIA gasoline stocks data shows higher than expected build COVID-19 controls tighten in China Nov 24 (Reuters) – Benchmark Brent oil edged lower on Thursday while West Texas Intermediate (WTI) crude held steady, hovering in sight of two-month lows as the level of … Read more
E.Europe arms companies step up production for Ukraine Hope to find new markets as defense spends rise Can produce and service Soviet-era and NATO-standard weaponry Poland, Czechs among big suppliers of military aid to Kyiv Industry’s history stretches from 1800s and through Cold War PRAGUE/WARSAW, Nov 24 (Reuters) – Eastern Europe’s arms industry is churning … Read more
This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, Nov 24 (Reuters) – The Kremlin on Thursday denied that its attacks on Ukraine’s electricity network were aimed at civilians, but said Kyiv could “end the suffering” of its population by meeting Russia’s demands to resolve the … Read more
Armenia complains CSTO inaction has damaged alliance’s image Putin: more work needed towards Armenia-Azerbaijan peace deal Distracted by war, Russia risks losing influence in region LONDON, Nov 23 (Reuters) – Armenia’s leader vented his frustration on Wednesday at the failure of a Russian-led security alliance to come to his country’s aid in the face of … Read more
KYIV, Nov 23 (Reuters) – There is evidence that Russian commanders in several instances were aware of sexual violence by military personnel in Ukraine “and in some cases, encouraging it or even ordering it,” according to an international criminal lawyer assisting Kyiv’s war crime investigations. British lawyer Wayne Jordash told Reuters that in some areas … Read more