Bloomberg Ceasefire violations are steadily intensifying in war-ravaged eastern Ukraine as reports increase that Russia is building up its military forces across the border of the former Soviet satellite nation. There were almost 1,000 violations of the agreement to cease hostilities in Ukraine’s Donetsk region between the evenings of October 29 and October 31, according to the Organisation for Security ...

Bloomberg Ethiopia’s government urged residents of its capital to arm themselves and protect their neighbourhoods, after rebel fighters in the north of the country captured two key towns on a main route into the city. The call came as the US expressed alarm at the situation in Ethiopia, which on Wednesday marks a year since conflict erupted in the Horn ...

Bloomberg Unknown gunmen stormed Afghanistan’s main military hospital in Kabul on Tuesday and battled with Taliban fighters after setting off explosives at the entrance gate in the latest eruption of violence since the US withdrew from the country more than two months ago. A second blast struck near the hospital located in an upscale area of Kabul and appeared to ...

Bloomberg The leader of Japan’s main opposition party will step down from his post after his group suffered a stinging setback in a national election on Sunday. Yukio Edano said in a statement on Tuesday he will resign as leader of the Constitutional Democratic Party, the left-leaning party he’s run since its formation in 2017. He added he would stay ...

Bloomberg The Biden administration launched an assault on methane on Tuesday, advancing initiatives across government — and the globe — to keep the potent heat-trapping gas from escaping landfills, oil wells and farms. The new measures seek to deploy at least five cabinet-level agencies. For instance, the Environmental Protection Agency released a long-awaited proposal stiffening requirements to plug leaks in ...

Bloomberg Almost half of UK companies expect to increase prices, a record high, adding to inflation concerns that will weigh on Bank of England policy makers ahead of their meeting this week. A survey by Lloyds Banking Group Plc showed 45% of businesses expect to raise prices, which will buttress market expectations that the UK central bank will deliver its ...

Bloomberg Mexico’s economy shrank in the third quarter after new legislation banning labour outsourcing hit the services industry and coronavirus cases surged. Gross domestic product declined 0.2% from the previous three-month period, compared to the median estimate in a Bloomberg survey of no growth. It’s the first contraction since the second quarter of 2020, when Mexico imposed its harshest set ...

Bloomberg Rivian Automotive Inc., the electric truck maker backed by Amazon.com Inc., is seeking to raise as much as $8.4 billion in an initial public offering that could give it a market value of as much as $53 billion. Rivian said it plans to sell 135 million shares for $57 to $62 each, according to a filing Monday with the ...

Bloomberg Italy’s manufacturing sector saw more rapid expansion last month, bucking the general weakening trend in the region as Prime Minister Mario Draghi tries to spur growth in the euro area’s third-largest economy. The Netherlands, Ireland and Greece also recorded stronger performances in surveys of purchasing managers by IHS Markit. With Germany, France and Spain lagging behind, momentum in the ...

Bloomberg Germany expects growth this year to be significantly weaker than predicted, as the lingering effects of the pandemic and a supply squeeze hinder a revival of Europe’s biggest economy. The cut in the 2021 outlook to 2.6% — compared with a prediction of 3.5% published at the end of April — reflects a scarcity in some raw materials and ...