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Ukraine reports local breakthrough in Bakhmut

BLOOMBERG Ukraine said troops pushed back Russian forces near Bakhmut in the eastern Donetsk region, though the Russian Defense Ministry said its units were advancing in the west and northwest of the devastated town. Ukraine advanced 2.6 kilometres into Russian-held areas near Bakhmut along a 3 kilometre stretch of front line, according to Andriy Biletskyi, a commander of the brigade ...

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Warren Buffett’s Japan trading house stock picks hit record highs

BLOOMBERG Shares of the Japanese trading companies that Warren Buffett has invested in reached record levels this week after announcing earnings and buybacks. Mitsubishi Corp, the largest, surged as much as 6% to an all-time high after announcing plans to repurchase $2.2 billion worth of shares along with a better-than-expected profit target for the fiscal year through March 2024. Peers ...

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Stocks decline as caution prevails before US CPI data

BLOOMBERG Stocks edged lower as cautious investors assessed the latest crop of earnings and awaited a US inflation report for insights on the path of Federal Reserve rate hikes. Contracts for the S&P 500 and the Nasdaq 100 retreated, with Airbnb Inc sliding 13% in premarket trading after the vacation home-rental company gave a cautious forecast for revenue in the ...

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