Bloomberg Ukraine’s interior minister and at least 17 others were killed when a helicopter crashed near a kindergarten and a multistory apartment building just east of Kyiv, according to police. The emergency services aircraft went down in the town of Brovary, an eastern suburb of the capital, Ihor Klymenko, the national police chief, said on Facebook Wednesday. The fatalities ...

  Bloomberg Poland is working to convince European allies to send as many as 100 battle tanks to support Ukraine’s defense efforts against the Russian invasion, Prime Minister Mateusz Morawiecki said. German Chancellor Olaf Scholz said Tuesday that he’s in talks with allies over potentially supplying German-made heavy Leopard tanks to Ukraine, but cautioned that any announcements would have to ...

Bloomberg Serbia, traditionally one of Russia’s closest allies in Europe, is trying to put some distance between itself and Moscow as the war in Ukraine strains ties between the two countries and their leaders. In an interview in Belgrade, President Aleksandar Vucic dismissed territorial claims in Ukraine by Vladimir Putin and predicted the “worst is yet to come” for the ...

Bloomberg Turkish Foreign Minister Mevlut Cavusoglu applied fresh pressure on Sweden to make concessions as he traveled to the US for talks on the sale of F-16 fighter jets, which may depend on Turkey’s ratification of the Nato expansion. Cavusoglu is expected to meet his US counterpart Antony Blinken in Washington later Wednesday to discuss the aircraft sale as well ...

  Bloomberg An unchanged decision from the Bank of Japan (BOJ) gave global investors a modest jolt Wednesday, leaving the bigger shock of a future policy shift hanging over markets from the yen to Treasuries. Standing pat caught some traders by surprise but is unlikely to douse speculation that the BOJ will normalize policy as inflation in Japan accelerates and ...

Bloomberg Morgan Stanley and Bank of America Corp (BofA) were the first of the big six Wall Street banks to announce bond sales, combining to sell $9 billion of new bonds, as the market gears up for the usual deluge of debt from the US lenders following their respective earnings reports. Morgan Stanley sold $6 billion of new debt in ...

Bloomberg Bank of Montreal (BMO) has received approval from the Federal Reserve to acquire San Francisco-based Bank of the West, a combination that will create the 15th-largest US lender. After the transaction, Bank of Montreal US subsidiary BMO Financial Corp. will have consolidated assets of $286.8 billion, representing about 1% of those held by insured depository institutions in the US, ...

Bloomberg Coinbase Global Inc. is halting operations in Japan, less than a month after another major digital asset exchange Kraken announced its withdrawal from the country. Customers will have until February 16 to withdraw their fiat and crypto holdings, Coinbase said in a blog post on Wednesday. Any remaining crypto held at Coinbase on or after February 17 will be ...

  Bloomberg Bank of New York Mellon Corp. is planning to lay off about 1,500 staff this year as the US lender says costs will be a top priority for 2023. The reductions account for about 3% of the firm’s 51,700 workforce at year end. The bank reported revenue of $3.92 billion in its fourth-quarter results, missing analyst estimates. BNY ...

  Bloomberg Digital Currency Group, the struggling crypto empire whose Genesis Global Capital lending unit is trying to stave off bankruptcy, said it’s suspending quarterly dividends to preserve cash. The move comes as the group focuses on “strengthening our balance sheet by reducing operating expenses and preserving liquidity,” according to a letter to shareholders.