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President Vladimir Putin’s swift and severe response to an attack on his Black Sea fleet reflects a war that is increasingly marked by a duel between long range Russian missiles and Ukraine’s innovative array of drones and truck bombs. Putin on Monday made clear why he was suspending Russia’s involvement in a deal that for three months had allowed much-needed ...

North Korea fired at least 23 missiles Wednesday including the first ballistic one to fly over a nautical border with South Korea, in its biggest daily barrage under leader Kim Jong Un. The launches came about a day after Pyongyang threatened to take “powerful measures” if the US doesn’t halt military drills with partners including South Korea, in what might ...

Poland started building a barbed-wire fence on its 210-kilometer (130-mile) border with Russia’s Kaliningrad region to prevent the Kremlin from sending asylum-seekers into the country, Defense Minister Mariusz Blaszczak said. With the airport in Kaliningrad open to flights from North Africa, Poland sees the risk of another migration crisis, similar to what happened with Belarus last year, he told reporters ...

President Emmanuel Macron wants to streamline rules to build new nuclear reactors faster as maintenance issues beset France’s aging atomic facilities and the energy crisis spurs the country to accelerate the shift away from fossil fuels. His government is seeking parliament’s approval for legislation that would reduce overall construction time by more than two years by speeding up the decision ...

Daniel Moss | Gearoid Reidy Haruhiko Kuroda is summoning his inner Wim Duisenberg. The first president of the European Central Bank, Duisenberg resisted calls to adjust interest rates two decades ago with the retort “I hear, but I do not listen.” At the time, Duisenberg was under pressure to follow the Federal Reserve and reduce the cost of money. Kuroda, ...

Jonathan Bernstein It appears that a controversial Democratic campaign tactic might be working. One of the big political stories this spring and summer was Democratic meddling in Republican primaries — Democrats, that is, spending money to “attack” extremist Republican candidates for being too conservative. The thinking among campaign strategists was that elevating the extremists’ profile would help them defeat more ...

Barclays Plc has asked UK courts to shutter nearly 100 businesses in recent months as it seeks to recover money loaned under a government Covid-19 program that’s been blighted by fraud. The bank has sought winding-up petitions, which liquidate companies to pay debts, against at least 97 businesses since September, according to official records. The requests relate to loans of ...

Credit Suisse Group AG’s long-term rating was downgraded by S&P Global Ratings to just one level above junk status, underscoring the bank’s challenges after it laid out a radical restructuring plan last week. The Swiss bank’s long-term rating was cut to BBB- from BBB, with a stable outlook. That’s just one notch above the BB “speculative grade.” The US ratings ...

American Express Co. is joining the small but growing number of companies choosing to post salary ranges with job listings across the US, even where doing so isn’t required by law. The credit-card giant has pay included in postings for positions in New York City, ahead of a requirement that goes into effect for all companies with four or more ...

Johnson & Johnson (J&J), one of the world’s biggest makers of medical devices, said it will purchase Abiomed Inc. for about $17.3 billion, building on its portfolio of technology to assist heart function. J&J will pay $380 a share in cash, according to a statement. That represents a premium of about 50% over Abiomed’s closing price, and is close to ...