Bloomberg Russia raised the death toll in a Ukrainian rocket attack on New Year’s Day, to 89, the largest such loss it’s yet acknowledged in the war, blaming soldiers’ mobile-phone use for exposing their location. But Russian military bloggers, who have often been sharply critical of the Defense Ministry’s handling of the war, accused commanders of negligence for stationing mobilised …

  Bloomberg The presidents of China and the Philippines agreed to strengthen cooperation and discuss maritime differences amicably after meeting in Beijing, according to Chinese state media. “China is willing to properly handle maritime issues with the Philippines side through friendly consultation, and restart negotiations on oil and gas exploration,” China Central Television quoted President Xi Jinping as saying. The …

Bloomberg Passing the peak in European inflation may be good news for consumers, businesses and central bankers, but it’s too soon to sound the all clear. Reports have shown price gains from Germany to Spain easing more than economists expected in December after natural-gas costs retreated and government aid kicked in. Those falls, however, mask intensifying pressure in gauges that …