Tag: Ukraine

Moldova Explosions Raise Fears Separatist Region Could be Drawn into Ukraine War

Attacks in Moldova’s breakaway region of Transnistria have raised concerns that Russia will drag the area into the Ukraine war. The area borders western Ukraine and is controlled by pro-Russian separatists. Russia has permanently stationed some 1,500 troops in the unrecognized sliver of land since the collapse of the Soviet Union. Transnistria’s Interior Ministry said…


Alphabet Misses on Revenue as YouTube Ad Business Slowed by Ukraine War

Google parent Alphabet Inc. on Tuesday reported its first quarterly revenue miss of the pandemic after the war in Ukraine hurt YouTube ad sales, leaving investors rattled as the global economy sputters. The world’s largest provider of search and video made a fortune over the last two years as the pandemic forced more shops and…


Deutsche Bank Extends Quarterly Profit Streak but Ukraine Clouds Outlook

FRANKFURT—Deutsche Bank posted a better-than-expected 17 percent rise in first-quarter profit on Wednesday as investment banking revenues climbed, but its share price fell as it warned that the Russia-Ukraine conflict could hurt annual earnings. This year is crucial for Germany’s largest lender and Chief Executive Christian Sewing as he tries to deliver on targets he…


High Demand Pushes Puma’s Q1 Results Above Expectations

FRANKFURT—German sportswear maker Puma reported stronger-than-expected first-quarter results on Wednesday as high demand from both retailers and consumers more than offset the impact of the war in Ukraine and supply chain bottlenecks. “We see that sports participation has grown again during COVID and also after COVID,” Chief Executive Bjorn Gulden told a news conference, adding…


Reliance on Russian Uranium Worries Lawmakers, Nuclear Experts

As the Russia-Ukraine war continues, the United States and wider world’s dependence on uranium from Russia and its allies is raising serious questions, all the more so because of rising worldwide interest in nuclear power. According to the Energy Information Administration, 47 percent of the uranium used by civilian reactors originates in Russia or two…


LIVE UPDATES: Explosions in Ukrainian City of Kherson

The latest on the Russia–Ukraine crisis, April 28. Click here for updates from April 27. Explosions in Ukrainian City of Kherson In the southern Ukrainian city of Kherson, a series of explosions boomed near the television tower late Wednesday and at least temporarily knocked Russian channels off the air, Ukrainian and Russian news organizations reported….


Canada Lawmakers Vote Unanimously to Label Russia’s Acts in Ukraine as ‘Genocide’

Canadian lawmakers voted unanimously on Wednesday to call Russia’s attacks in Ukraine a “genocide”, with members of parliament saying there was “ample evidence of systemic and massive war crimes against humanity” being committed by Moscow. The Canadian House of Commons’ motion said war crimes by Russia include mass atrocities, systematic instances of willful killing of…


Putin Warns of ‘Lightning’ Response If US Intervenes in Ukraine

Russian President Vladimir Putin on Wednesday warned Moscow would mount a quick response if Western powers intervene in its two-month-long invasion of Ukraine. Speaking to lawmakers in a public setting, Putin said that “if anyone sets out to intervene in the current events from the outside and creates unacceptable threats for us that are strategic…


Canada Sanctions More Than 200 Russians in Eastern Ukraine Where War Escalates

Canada has imposed sanctions on more than 200 people who are loyal to Russian President Vladimir Putin in Ukraine’s eastern Donbas region. Global Affairs Canada says the new measures target 11 senior officials and 192 other members of the People’s Councils of the self-proclaimed People’s Republics of Luhansk and Donetsk for supporting Putin’s attack on…


Oil Prices Dip as Europe Turns Away From Russian Oil, Dollar Soars

Oil prices dipped on Wednesday as a soaring dollar made barrels more expensive and Europe’s biggest economy Germany was speeding up plans to wean itself off Russian oil while coronavirus outbreaks clouded China’s economic outlook. Erasing earlier gains, Brent crude futures dipped 54 cents, or 0.5 percent, to $104.45 a barrel by 1259 GMT. U.S….