Bloomberg Rocket attacks on the Ukrainian port city of Mykolayiv have damaged a terminal owned by agricultural trader Viterra. “Viterra can confirm that its Everi terminal was hit and is currently on fire,” a company spokesperson said Wednesday, adding that there were no fatalities. The terminal can export as much as 1.5 million tons of vegetable oil a year. ...

  Bloomberg Chinese President Xi Jinping criticized sanctions for stoking global economic pain in a speech kicking off this year’s BRICS summit, as he seeks to bolster relations with emerging markets in the wake of strained Western ties. Without explicitly naming the US, Xi said that the international community is worried that the global economy will split into mutually exclusive ...

  Bloomberg Mario Draghi is facing the biggest coalition turmoil since he became Italy’s prime minister in 2021, just as he sets out for a week of back-to-back international summits that will focus on Russia’s war in Ukraine. Foreign Minister Luigi Di Maio, one of the highest-profile members of Draghi’s cabinet, on Tuesday acrimoniously quit the Five Star Movement that ...