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☆ Ukraine general: Russia hopes to capture Bakhmut by Tuesday, steps up fighting
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +2 min

May 8 (Reuters) - Russia has intensified shelling of Bakhmut hoping to take it by Tuesday, Ukraine's top general in charge of the defence of the besieged city said late on Sunday, vowing to do everything to prevent it. Victory Day in Russia is May 9, one of the country's most commemorated public holidays marking the anniversary of victory over Nazi Germany. Moscow sees Bakhmut as a stepping stone to attacking other Ukrainian cities. Kyiv has said before that keeping the defence of Bakhmut, allows for the military to prepare its expected counteroffensive. Reporting by Lidia Kelly in Melbourne; Editing by Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

☆ More than 1,600 evacuated from Zaporizhzhia nuclear-plant areas
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +1 min

May 8 (Reuters) - Some 1,679 people, including 660 children, have been evacuated from areas near the Zaporizhzhia nuclear plant, a Moscow-installed official in the Russia-controlled parts of the Zaporizhzhia region of Ukraine said late on Sunday. The head of the U.N.'s nuclear power watchdog warned on Saturday that the situation around the plant has become "potentially dangerous" as Moscow-installed officials began evacuating people from nearby areas. Ukraine is expected to start soon a much-anticipated counteroffensive to retake Russian-held territory, including in the Zaporizhzhia region. "(The evacuees) have already been placed in the temporary accommodation centre for residents of the front-line territories of the Zaporizhzhia region in Berdiansk," Yevgeny Balitsky, Russian-installed governor of the Russia-controlled part of Zaporizhzhia region, said on his Telegram messaging channel. Reporting by Lidia Kelly in Melbourne; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine launches more than 10 drones on Crimea - Russia-installed official
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +1 min

May 7 (Reuters) - Ukraine launched more than 10 drones overnight on the Crimean Peninsula, including three on the port of Sevastopol, a Russian-installed official said early on Sunday, adding that air defence systems repelled all the attacks on Sevastopol. "No objects (in Sevastopol) were damaged," Mikhail Razvozhayev, the Moscow-installed governor of Sevastopol, said on the Telegram messaging app. There were no immediate details of any damage from the strikes elsewhere on the Crimean Peninsula, which Russia annexed from Ukraine in 2014. According to Ukrainian monitoring of Telegram channels, explosions took place in Sevastopol and Saki - where Russia has an air base - as well as a few other places. Ukraine, without confirming any role in those attacks, says destroying infrastructure is preparation for its planned ground assault.

☆ Russian strikes on Kyiv wound at least five, officials say
▼ + stars: | 2023-05-07 | by ( ) www.reuters.com time to read: +1 min

[1/4] An explosion of a drone is seen during a Russian drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine May 8, 2023. REUTERS/Gleb GaranichMay 8 (Reuters) - At least five people were wounded due to Russian strikes on Kyiv, city officials said early on Monday, as Moscow launched another large-scale attack on Ukraine. Klitschko said drone wreckage fell on a two-storey building in the Sviatoshyn region, adding that blasts continued in Kyiv. Reuters' witnesses said they had heard numerous explosions in Kyiv, with local officials saying that air defence systems were repelling the attacks. Separately, Russian forces shelled eight locations in Sumy region in northeastern Ukraine on Sunday, the regional military administration said in a Facebook post.

☆ Gunpowder depot on fire in Russia's Urals, village evacuated - officials
▼ + stars: | 2023-05-06 | by ( ) www.reuters.com time to read: +1 min

May 7 (Reuters) - A wildfire has spread to a gunpowder depot in Russia's Urals mountains setting it ablaze and forcing the evacuation of a small village in the Sverdlovsk region, local officials said Saturday evening. According to preliminary information, there have been no casualties in the fire that has spread across 960 square metres (10,300 square feet), Sverdlovsk's ministry of emergency situations said on its Telegram messaging channel. A state of emergency was introduced in the Rezhevsky administrative district of the region, where the depot was located in a small village of Pervomaisky, the region's administration said, adding that there was a threat the fire will spread to other nearby villages. Last week, at least one person was killed and hundreds of people were left homeless when a fire of unknown origin swept through a village in the Sverdlovsk region. Reporting by Lidia Kelly in Melbourne; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Landing of aircraft at night and in bad weather, for instance - crucial to regular offshore carrier operations - remain far from routine, several of the attaches and analysts said. "Carrier operations are a very complicated game, and China's got to figure this out all by itself. A new plane, the KJ-600, designed to perform a similar role to the E-2C/D Hawkeye launched from U.S. carriers, is still in testing, according to the Pentagon's latest annual report on China's military. Several countries operate aircraft carriers but the U.S. remains the most dominant, running 11 carrier battlegroups with global reach. A September editorial published in a magazine run by a PLA weapons manufacturer, titled "Four great advantages the PLA has in attacking Taiwan", did not mention the role of Chinese carriers.

☆ An Ohio homeowner surrounded by 598 houses getting demolished said the teardowns have increased property values and improved his neighborhood
▼ + stars: | 2023-05-05 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +5 min

There are thousands of homes left vacant from abandonment or foreclosure in Ohio. Tony Kelly said the demolitions improved his area, from luring residents to lifting home values. At the end of 2019, Attom found, Ohio was among the states with the highest number of vacant homes, with 3.8 million. Mike DeWine said in a 2021 statement announcing the Ohio Building Demolition and Site Revitalization Program. "The demolitions helped to raise property values in the city, making the town more attractive to purchase and build houses," he said.

☆ Oil stable after smaller ECB hike, demand woes linger
▼ + stars: | 2023-05-04 | by ( Rowena Edwards | ) www.reuters.com time to read: +2 min

Brent futures were up 28 cents, or 0.39%, to $72.61 a barrel at 1228 GMT. The European Central Bank (ECB) eased the pace of its interest rate hikes on Thursday and kept its options open on future moves as it continues its fight against stubbornly high inflation in the euro zone. The 25-basis-point increase to the ECB's three policy rates was the smallest since it started lifting them last summer. "Today's decision signals that the ECB has entered the final stage of its current tightening cycle," ING said in a note. Prices have plunged this week on concerns about the U.S. economy and signs of weak manufacturing growth in the world's largest oil importer China, sliding further after the U.S. Federal Reserve raised interest rates on Wednesday.

Since Friday, however, Brent has dropped more than 9% and earlier on Thursday fell to as low as $71.28. Prices have plunged this week amid signs of weak manufacturing growth in China, the world's largest oil importer, and after the U.S., the world's biggest oil user, raised interest rates to their highest since 2007 on Wednesday, which threatens future economic growth there. "Oil is starting to find some support as all the bad supply and demand news has been priced in," said Edward Moya, an analyst at OANDA. The collapse of the third U.S. bank since March, spurred by their inability to manage rising interest rates, has also weighed overall financial markets. Investors are also awaiting developments from the European Central Bank, which is set to raise interest rates for the seventh meeting in a row on Thursday.

U.S. West Texas Intermediate crude (WTI) fell $1, or 1.5%, to $67.60 a barrel. WTI in early trading on Thursday fell to a session low of $63.64 a barrel, the lowest since December 2021. On Wednesday afternoon, the Fed raised interest rates by a quarter of a percentage point. The move weighed on oil prices, as higher rates could slow economic growth and hit energy consumption. Investors awaited developments from the European Central Bank, which is set to raise interest rates for the seventh meeting in a row on Thursday as its long fight against stubborn inflation continues.

☆ Why Monumental Cream Puff Towers Are on the Rise
▼ + stars: | 2023-05-04 | by ( Ella Riley-Adams | ) www.nytimes.com time to read: +2 min

THE CHEF MOST often credited with inventing the croquembouche, the French-born confection that towers haughtily over any table it graces, was, unsurprisingly, an architecture enthusiast. He’d spend his afternoons in the national library across the street, mesmerized by images of architectural marvels. But it was the croquembouche in particular — a conical tower typically rising several feet high and constructed out of cream puffs (a.k.a. choux à la crème) bound together with caramel — that became a staple of French wedding banquets and, eventually, his legacy. Its name translated as “crunch in the mouth,” the pastry, when made properly, should deliver a gratifying crackle with every bite.

☆ Russia launches unsuccessful strikes on Kyiv - Ukraine
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: 1 min

May 3 (Reuters) - Russia launched a third nightly round of attacks on Kyiv in six days, city authorities said early on Wednesday, but air defence systems destroyed all its drones, with no immediate reports of casualties or destruction. Air raid sirens blared for several hours in Kyiv, the surrounding region and most of eastern Ukraine, with the skies clearing only at dawn. Russia used Iranian-made Shahed drones in the attacks, it added. It was not immediately known how many drones were shot down. Reporting by Lidia Kelly in Melbourne; Editing by Clarence FernandezOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine tried to assassinate Putin by drone, Kremlin says
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +6 min

Shortly after the Kremlin announcement, Ukraine reported alerts for air strikes over the capital Kyiv and other cities. "The Russian side reserves the right to take retaliatory measures where and when it sees fit," the Kremlin added. "When the enemy can achieve nothing on the battlefield, it strikes at peaceful cities," Ukrainian military spokesperson Serhii Cherevatyi said. Elsewhere, oil depots were ablaze in southern Russia and Ukraine alike as both sides escalated a drone war ahead of Kyiv's promised spring counteroffensive against Russian forces. Blinken said later the U.S. government had authorised another $300 million worth of arms and equipment for Ukraine.

☆ Fuel depot ablaze in Russia's Krasnodar, governor says
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +1 min

May 3 (Reuters) - A fuel storage facility near a key bridge in Russia's southwestern region of Krasnodar was on fire in the early hours of Wednesday, the regional governor said, but there were no initial reports of casualties. "The fire has been classified as the highest rank of difficulty," Veniamin Kondratyev, the governor of Krasnodar, which lies across the Sea of Azov from Ukraine, said on the Telegram messaging app. It lies close to the Crimean Bridge, or the Kerch Strait bridge, that links Russia's mainland with the Crimea peninsula it annexed in 2014 from Ukraine. The incident comes after a drone strike set ablaze a Russian fuel storage facility in the Crimean port of Sevastopol early on Saturday, in what Moscow said was a Ukrainian attack. Over the weekend, however, Kyiv's military said undermining Russia's logistics formed part of preparations for a long-expected counteroffensive.

☆ Ukrainian forces shell village in Russia's Bryansk region - governor
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +1 min

May 2 (Reuters) - Ukrainian forces shelled a village in the Russian Bryansk region bordering Ukraine early on Tuesday, the local governor said in a social media post, a day after an explosion derailed a freight train in the region. "In the morning, the Armed Forces of Ukraine shelled the village of Kurkovichi in the Starodubsky municipal district." Bryansk Governor Alexander Bogomaz said in a post on his Telegram channel. On Monday, a locomotive and seven freight wagons were derailed in Bryansk after an unidentified explosive device went off, Bogomaz said. On Saturday, the governor said four civilians died when a village was struck by shelling from the Ukrainian side of the border.

☆ Soviet and Russian fashion icon Zaitsev dies - agencies
▼ + stars: | 2023-05-01 | by ( Lidia Kelly | ) www.reuters.com time to read: +2 min

May 1 (Reuters) - Vyacheslav "Slava" Zaitsev, the couturier behind world-famous Soviet fashion that was often adorned with colourful Russian folkloric motifs, died on Sunday at age 85, Russian news agencies reported. After the show, Zaitsev received offers to open stores in the West, which the Soviet authorities rejected. In 1979, Zaitsev left the All-Union House of Models for a small atelier, which by 1982 he turned into the Slava Zaitsev Moscow Fashion House, becoming the first Soviet designer allowed to label his clothing. Among Zaitsev's Russian clients were music stars, actors, socialites and politicians. The patronage of Raisa Gorbacheva, the wife of the last Soviet Union leader, Mikhail Gorbachev, elevated his international fame in the 1980s.

☆ Oil depot fire part of Ukraine's preparation for counter-offensive - military
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +1 min

May 1 (Reuters) - Undermining Russia's logistics is one of the elements of preparation for the expected Ukrainian counter-offensive, a Ukrainian military spokeswoman said on Sunday, after a fire destroyed a large Russian fuel depot in Crimea. While not directly admitting to striking the fuel storage facility in the Crimean port of Sevastopol, Ukraine's military command said that "a fire" destroyed 10 oil tanks with a capacity of about 40,000 tonnes. The city's Moscow-installed governor blamed Ukraine and later said the fire had been put out before a disaster occurred. Natalia Humeniuk, a spokesperson for Ukraine's southern command, said the fire has cause a great deal of "anxiety" in the Russian military. On Friday, Ukraine said it was wrapping up preparations for the counter-offensive against Russian forces, although officials gave no date for when that would happen.

☆ Air defence systems repelling Russian missile attacks in Kyiv region, officials say
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: 1 min

May 1 (Reuters) - Air defence systems were repelling missile attacks in the early hours on Monday in the Kyiv region, local authorities said, after air raid alerts were issued throughout all of Ukraine by emergency services. "Air defences are at work!" Kyiv's regional administration wrote on the Telegram messaging app, after reports of explosions heard in the region. Reuters was unable to independently verify the reports ot blasts. Reporting by Lidia Kelly in Melbourne; Editing by Christian SchmollingerOur Standards: The Thomson Reuters Trust Principles.

☆ Ukraine controls key supply route into Bakhmut - military
▼ + stars: | 2023-04-30 | by ( ) www.reuters.com time to read: +2 min

April 30 (Reuters) - Ukraine remains in control of a key supply route into Bakhmut, but the situation remains "really difficult" in the besieged eastern city, a Ukrainian military spokesman said on Saturday. Russian forces have been trying for 10 months to punch their way into the shattered remains of what was once a city of 70,000. Kyiv has pledged to defend Bakhmut, which Russia sees as a stepping stone to attacking other cities. "Yes, it is really difficult there, because their attempts to seize the road continue, as well as attempts to establish fire control. If Bakhmut fell, Chasiv Yar would probably be next to come under Russian attack according to military analysts, though it is on higher ground and Ukrainian forces are believed to have built defensive fortifications nearby.

☆ Two civilians killed in Ukrainian shelling on Bryansk: governor
▼ + stars: | 2023-04-29 | by ( ) www.reuters.com time to read: 1 min

April 30 (Reuters) - Two civilians died as a result of Ukrainian shelling on a village in Russia's Bryansk region on Saturday evening, a local governor said. "According to preliminary information, one residential building was completely destroyed, two more houses were partially destroyed," Governor Alexander Bogomaz said on the Telegram messaging app. Ukraine almost never publicly claims responsibility for attacks inside Russia and on Russian-controlled territory in Ukraine. Both sides deny targeting civilians in the 14-month-old Russian invasion on Ukraine. Reporting by Lidia Kelly in Melbourne; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

☆ There's been 'an aggression' from FTC on large mergers, says fmr. FB general counsel Chris Kelly
▼ + stars: | 2023-04-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's been 'an aggression' from FTC on large mergers, says fmr. FB general counsel Chris KellyChris Kelly, Kelly Investments founder and Facebook’s former chief privacy officer and general counsel, joins 'Squawk Box' to discuss the fallout from the Microsoft-Activision blocked merger, what it means for the FTC and dealmaking in the U.S., and more.

Oil prices dropped almost 4% on Wednesday as jitters about a U.S. economic downturn overshadowed a larger-than-expected fall in U.S. crude inventories. The OPEC+ group of leading oil producers does not see the need for further oil output cuts but is always able to adjust its policy, Novak said. Data on Thursday showed U.S. economic growth slowed by more than expected in the first quarter, although jobless claims fell in the week ending April 22. Oil prices were also pressured as weak risk sentiment spread from the banking sector after First Republic Bank's continued slump. Analysts see weak refinery margins as a major contributor to the recent oil price decline, with oil broker PVM's Tamas Varga pointing to heating oil and gasoil as "the main possible culprit for the outsized weakness".

☆ Options Action: Lookahead to Amazon earnings
▼ + stars: | 2023-04-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOptions Action: Lookahead to Amazon earningsKevin Kelly, Kelly Intelligence CEO, on his bullish bet on Amazon with CNBC's Melissa Lee and the Options Action traders.

☆ Russia's new T-14 Armata battle tank debuts in Ukraine - RIA
▼ + stars: | 2023-04-25 | by ( ) www.reuters.com time to read: +1 min

April 25 (Reuters) - Russia has begun using its new T-14 Armata battle tanks to fire on Ukrainian positions "but they have not yet participated in direct assault operations," the RIA state news agency reported on Tuesday, quoting a source close the matter. RIA said that the tanks have been fitted with extra protection on their flanks and crews have undergone "combat coordination" at training grounds in Ukraine. The T-14 tank has an unmanned turret, with crew remotely controlling the armaments from "an isolated armoured capsule located in the front of the hull." The tanks have a maximum speed on the highway of 80 kilometres (50 miles) per hour, RIA reported. In January, British military intelligence reported that Russian forces in Ukraine were reluctant to accept the first tranche of the tanks due to their "poor condition."

☆ Black Sea Fleet repels drone attack on Sevastopol - Russian-backed governor
▼ + stars: | 2023-04-24 | by ( ) www.reuters.com time to read: +1 min

April 24 (Reuters) - Russia's Black Sea Fleet repelled a drone attack on the Crimean port of Sevastopol in the early hours of Monday, the Moscow-installed governor of the city said through social media. "According to the latest information: one surface drone was destroyed ... the second one exploded on its own," governor Mikhail Razvozhaev wrote on the Telegram messaging app. No damage was reported, Razvozhaev added. Passenger ferry transport had been suspended in the Black Sea port city, Russia's Interfax news agency reported, citing Sevastopol transport authorities. No reason was given, but the agency said traffic had been suspended in the past due to drone attacks or storms.

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