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Bloomberg President Vladimir Putin said Russia will suspend its observation of the New START treaty with the US, dealing a blow to the last accord limiting their nuclear arsenals, as he vowed to press on with his faltering invasion of Ukraine. Russia is fighting for its “historic lands” in Ukraine and “will fulfill the tasks set step-by-step, carefully and consistently,” ...

  Bloomberg Thai Prime Minister Prayuth Chan-Ocha said he will dissolve parliament in March, a move that paves the way for the next election. Prayuth told reporters he informed the cabinet in a meeting on Tuesday of his intention to dissolve the House of Representatives — the clearest sign he has given yet on the timeline for the vote, though ...

Bloomberg A year after declaring a “no-limits” partnership with Russia, China is now seeking to convince the world it’s a neutral actor that can help end the war in Ukraine. It won’t be easy. Chinese State Councilor Wang Yi is set to visit Moscow in the coming days after floating a fresh peace proposal to end the conflict triggered by ...

  Bloomberg Sri Lanka’s election commission has instructed its lawyers to inform the Supreme Court about a lack of funds and the backing needed to hold local elections next month, the head of the government agency said. The commission has not received financial resources and the required support from other agencies, including the government printer and police, for the ballot ...

Bloomberg HSBC Holdings Plc will consider a special payout after the sale of its Canadian unit as the bank attempts to face down a campaign from its top shareholder to pursue a wider break-up of the business. Reporting fourth-quarter results that beat analyst estimates, HSBC said it may pay a special $0.21 dividend next year after the completion of the ...

  Bloomberg The Bank of Korea (BOK) said it will keep considering further interest-rate increases as inflationary pressures are expected to remain elevated for an extended period. The central bank said in a report to parliament on Tuesday that monetary policy needs to remain tight with a focus on reining in consumer prices. Even though inflation is likely to gradually ...

  Bloomberg US equity-index futures and European stocks fell as investors worried about the prospects of interest-rates staying higher for longer and a deepening of geopolitical tensions. The dollar rebounded on haven appeal. Contracts on the S&P 500 and Nasdaq 100 indexes dropped at least 0.6% each with US markets set to return from a holiday. European stocks fell as ...

  Bloomberg The combined equity market value of Adani group’s 10 companies slipped below $100 billion on Tuesday, as the embattled conglomerate struggles to reassure investors following a scathing report by a US short seller. The ports-to-power group has now lost more than $136 billion in market capitalisation since January 24, when US-based Hindenburg Research published a report alleging accounting ...

  Bloomberg SoftBank Group Corp. founder Masayoshi Son increased the amount of stock pledged as collateral to financial institutions to 175.25 million shares, or about 35% of his total stake in the Japanese conglomerate. The 65-year-old billionaire disclosed an increase of about 4.3 million shares as of February 13, worth about 24.5 billion yen ($183 million) at current prices. This ...

  Dubai The Le Fonti Awards held on Thursday night at The Palace in Downtown Dubai at an international ceremony attended by prominent business leaders from around the globe. The annual awards seek to honor the highest levels of business excellence and are acclaimed across the industry as a true mark of quality. At the ceremony, Multibank Group was honored ...