Russia says it thwarts major attack in Ukraine but loses some ground

Russia says it thwarts major attack in Ukraine but loses some ground

Russia says it has repelled a major attack in southern Ukraine Ukraine does not report a major counter-offensive Mentions some ‘successes’ in offensive actions around Bakhmut Mercenary leader says Russia lost ground near Bakhmut KYIV, June 5 (Reuters) – Moscow said on Monday it had thwarted a major offensive against its forces in eastern Ukraine, … Read more

UBS expects to complete the acquisition of Credit Suisse as early as June 12

UBS expects to complete the acquisition of Credit Suisse as early as June 12

Credit Suisse will be merged with UBS after the deal is completed New group will oversee $5 trillion in assets The CEO of UBS has warned of painful decisions ahead UBS CEO: Still analyzing plan for Credit Suisse’s domestic business UBS shares rose slightly higher in premarket ZURICH, June 5 (Reuters) – UBS (UBSG.S) expects … Read more

S&P 500, Nasdaq climb as Apple hits record high

S&P 500, Nasdaq climb as Apple hits record high

Palo Alto wins by inclusion in S&P 500 index Apple climbs ahead at developer conference Indices: Dow down 0.25%, S&P up 0.22%, Nasdaq up 0.46% June 5 (Reuters) – The S&P 500 and the Nasdaq rose on Monday as Apple hit an all-time high and investors weighed the chances of the Federal Reserve pausing rate … Read more

Russia says it foiled major Ukrainian offensive, Kiev says Moscow is spreading lies

Russia says it foiled major Ukrainian offensive, Kiev says Moscow is spreading lies

Russia says it destroyed tanks and equipment Russia says Ukraine attacked with 8 battalions Ukraine is silent on Russian claims Ukraine has not responded to requests for comment MOSCOW, June 5 (Reuters) – Russia said on Monday its troops had thwarted a major Ukrainian offensive at five points along the front in Ukraine’s Donetsk region, … Read more

Railway accident in India targets rail management system

Railway accident in India targets rail management system

NEW DELHI, June 4 (Reuters) – Investigators are investigating an electronic rail management system they suspect was faulty and caused India’s deadliest rail accident in more than two decades, railway officials said on Sunday. On Friday, at least 275 people were killed when a passenger train hit a stationary freight train, went off track and … Read more

Mexican presidential party wins key state in elections

Mexican presidential party wins key state in elections

(1/9) Delfina Gomez, candidate for governor of the State of Mexico for the National Regeneration Movement (MORENA), reacts after the preliminary results of the state election are announced, in Toluca, Mexico on June 4, 2023. REUTERS/Henry Romero MEXICO CITY, Jun 4 (Reuters) – The party of Mexican President Andres Manuel Lopez Obrador was set to … Read more

Asian equities extend global rally

Asian equities extend global rally

Asian Stock Markets: Nikkei Rises 1.6% to Break Key Level; dollars raised Oil prices cut profits after Saudi Arabia’s major cuts in production Markets bet Fed pauses in June, sees risk of July hike SYDNEY, June 5 (Reuters) – Most Asian stock markets extended a global rally on Monday amid optimism the Federal Reserve would … Read more

Russia says drones launched by Ukraine shot down over Crimea, Kursk

Russia says drones launched by Ukraine shot down over Crimea, Kursk

June 4 (Reuters) – Russia on Sunday said it intercepted nine drones over the Crimean peninsula and one over the small town of Sudzha in the southern region of Kursk in what have been near-daily strikes inside the country or on Moscow-held areas . Five drones were shot down and four were stuck and failed … Read more

Airbus moves towards IndiGo order of 500 jets

Airbus moves towards IndiGo order of 500 jets

ISTANBUL, June 4 (Reuters) – Airbus (AIR.PA) has signed a potentially record deal for the sale of 500 narrow-body A320 jets to India’s largest airline IndiGo (INGL.NS), industry sources said on Sunday. The European aircraft maker has emerged as a front-runner for an order that overshadows Air India’s historic preliminary purchase of 470 jets in … Read more

A Chinese warship ‘unsafely’ passed the US destroyer in the Taiwan Strait, according to military officials

A Chinese warship ‘unsafely’ passed the US destroyer in the Taiwan Strait, according to military officials

WASHINGTON, Jun 4 (Reuters) – A Chinese warship came within 150 yards (137 meters) of a US destroyer in the Taiwan Strait in “an unsafe manner,” US military officials said, while China blamed the United States for ” deliberate provocation of risk”. ” in the region. The US and Canadian navies were conducting a joint … Read more