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Zelenskiy visits ‘eastern fortress’

Zelensky visits front line soldiers in bakhmut

Bloomberg Ukrainian President Volodymyr Zelenskiy made a surprise visit to Bakhmut, a city hailed by his deputy defense minister as “our eastern fortress” amid heavy fighting over the past few weeks. As the president handed awards to servicemen, Ukraine’s government said it had reached a deal with Elon Musk’s Space Exploration Technologies Corp to get thousands more Starlink antennas to ...

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Kuroda policy shocker start of BOJ’s risky path towards exit

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  Bloomberg Bank of Japan (BOJ) Governor Haruhiko Kuroda just gave investors a glimpse of what to expect when the world’s boldest experiment with ultra-loose monetary policy comes to an end. In the face of sustained market pressure, Kuroda shocked markets by saying he’ll now allow Japan’s 10-year bond yields to rise to around 0.5%, double the previous upper limit ...

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UK fines TSB $59.2m for its IT service disruption

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  Bloomberg UK regulators have fined TSB Bank Plc £48.7 million ($59.2 million) for risk management and governance failures after technical failures in the lender’s IT system resulted in customers being unable to access banking services. The lender failed to organise and control an April 2018 IT upgrade adequately, the Financial Conduct Authority (FCA) and the Prudential Regulation Authority said. ...

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