Russia advances in eastern Ukraine, attack on apartments kills civilians

Russia advances in eastern Ukraine, attack on apartments kills civilians

Russian strike destroys apartment building; 3 dead – officials Zelenskiy gives a gloomy assessment of the Russian offensive in the east Zelenskiy promises more anti-corruption measures New Russian offensive could begin on February 24 – Minister of Ukraine KYIV, Feb. 2 (Reuters) – Fighting on the frontlines in eastern Ukraine “has toughened” as Russian troops … Read more

The Philippines grants the US more access to bases amid concerns about China

The Philippines grants the US more access to bases amid concerns about China

Philippines, US agree to add four locations under EDCA Agreement comes about amid tensions in the South China Sea, over Taiwan EDCA allows US access to Philippine military bases MANILA, Feb. 2 (Reuters) – The Philippines has granted the United States expanded access to its military bases, its defense chiefs said on Thursday, amid mounting … Read more

Adani market losses snowball to $100 billion in delayed share sale

Adani market losses snowball to 0 billion in delayed share sale

NEW DELHI, Feb. 2 (Reuters) – Indian shares of the Adani group fell on Thursday after market turmoil forced the conglomerate to scrap a crucial $2.5 billion equity offer, extending market losses to more than $ 100 billion and concerns arose about the possible systemic impact. The pullback of the share sale of Adani Enterprises … Read more

US military personnel will have expanded access to military bases in the Philippines

US military personnel will have expanded access to military bases in the Philippines

CNN — The US military will gain access to four more bases in the Philippines under an agreement announced when US Secretary of Defense Lloyd Austin visited Manila on Thursday. In addition, the two allies said projects at five bases already covered by the 2014 Enhanced Defense Cooperation Agreement (EDCA) were nearing completion. The EDCA … Read more

Honda is starting production of a new hydrogen fuel cell system, co-developed with GM

Honda is starting production of a new hydrogen fuel cell system, co-developed with GM

TOKYO, Feb. 2 (Reuters) – Japan’s Honda Motor Co (7267.T) said it will begin production this year of a new hydrogen fuel cell system jointly developed with General Motors Co (GM.N) and sell will gradually ramp up this decade, in an effort to expand its hydrogen business. Honda is targeting annual sales of about 2,000 … Read more

Hindenburg bet against India’s Adani puzzles against US short sellers

Hindenburg bet against India’s Adani puzzles against US short sellers

Feb.1 (Reuters) – When Hindenburg Research revealed a short position in Adani Group last week, some US investors said they were intrigued by the actual mechanisms of the trade, as Indian securities rules make it difficult for foreigners to bet against companies there. Hindenburg’s bet has been lucrative so far. The allegations, which the Indian … Read more

Myanmar junta extends state of emergency on anniversary of coup marked by ‘silent protest’

Myanmar junta extends state of emergency on anniversary of coup marked by ‘silent protest’

Junta extends state of emergency, says elections must be held “The current situation is under unusual circumstances,” says acting president In some cities in Myanmar, streets are deserted for silent protests Protesters hold rallies in Thailand and the Philippines Feb.1 (Reuters) – Myanmar’s junta has extended the country’s state of emergency for another six months, … Read more

Belgian arms dealer clashes with minister about tanks for Ukraine

Belgian arms dealer clashes with minister about tanks for Ukraine

TOURNAI, Belgium, Feb. 1 (Reuters) – Freddy Versluys does not like to be called an arms dealer. But he does have a large warehouse full of used tanks for sale. In addition to dozens of German-made Leopard 1 tanks and other military vehicles in the chilly warehouse in eastern Belgium, Versluys emphasized that he is … Read more

Adani waives $2.5 billion share sale as major blow to Indian tycoon

Adani waives .5 billion share sale as major blow to Indian tycoon

NEW DELHI, Feb. 1 (Reuters) – Flagship Gautam Adani called off its $2.5 billion share sale on Wednesday in a dramatic turnaround as a defeat sparked by the criticism of a US short-seller saw billions more of its value of the Indian magnate’s shares wiped out. The withdrawal of the Adani Enterprises (ADEL.NS) share offering … Read more

Erdogan says Turkey is positive about Finland’s NATO offer, not Sweden’s

Erdogan says Turkey is positive about Finland’s NATO offer, not Sweden’s

ANKARA, Feb. 1 (Reuters) – Turkey welcomes Finland’s application for NATO membership but does not support Sweden’s bid, Turkish President Tayyip Erdogan said on Wednesday. “Our position on Finland is positive, but not positive on Sweden,” Erdogan said of their NATO applications in a speech to his AK party deputies in parliament. Sweden and Finland … Read more