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IN THE NEWS

Ford unveils new structure as it speeds electric car push

Ford unveils new structure as it speeds electric car push

Ford announced Wednesday it is creating separate businesses for its conventional and electric-auto operations, as it accelerates its build-out of emission-free vehicles.

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Everton suspend sponsorship agreements with Russian billionaire Usmanov

Everton suspend sponsorship agreements with Russian billionaire Usmanov

English Premier League club Everton said Wednesday they were suspending with "immediate effect" sponsorship agreements with three companies in which Russian billionaire Alisher Usmanov has a stake following Russia's invasion of Ukraine.

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Nearly 875,000 refugees have fled Ukraine conflict: UN

Nearly 875,000 refugees have fled Ukraine conflict: UN

The number of refugees fleeing the conflict in Ukraine has surged to nearly 875,000, UN figures showed on Wednesday, as fighting intensified on day seven of Russia's invasion.

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Top oil producers hold course despite Ukraine war

Top oil producers hold course despite Ukraine war

Saudi Arabia, Russia and other top oil producers on Wednesday agreed to hold firm on only gradually opening the taps despite Russia's assault on Ukraine sending prices spiralling.

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Ukraine sports stars joining fight against Russia

Ukraine sports stars joining fight against Russia

From world boxing champions to football stars, top Ukrainian sports people are resisting the Russian invasion of their country, with some even returning home to take up arms.

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Two years into the pandemic, is the end in sight?

Two years into the pandemic, is the end in sight?

Two years after the official start of the pandemic, some countries are now trying to "live with Covid", however scientists warn that potential new variants and unequal vaccination rates threaten any long-awaited return to normality.

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Oil rockets to $113, gas hits record on Ukraine conflict

Oil rockets to $113, gas hits record on Ukraine conflict

Oil prices soared Wednesday above $113 per barrel and natural gas spiked to a record peak, as investors fretted over key producer Russia's intensifying assault on Ukraine.

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Japan willing to accept Ukrainian refugees: PM

Japan willing to accept Ukrainian refugees: PM

Japan will accept Ukrainian refugees fleeing Russia's ongoing invasion, Prime Minister Fumio Kishida said Wednesday, in a break with the country's usual reticence to accept humanitarian arrivals.

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Russia's largest lender Sberbank quits Europe

Russia's largest lender Sberbank quits Europe

Russia's largest lender Sberbank said Wednesday it was leaving the European market after Western sanctions were levelled against the state bank in response to Moscow's invasion of Ukraine.

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Russian athletes allowed to compete at Winter Paralympics

Russian athletes allowed to compete at Winter Paralympics

Russian and Belarusian athletes were given the all-clear Wednesday to compete at the upcoming Winter Paralympics, which open this week under the shadow of Moscow's invasion of Ukraine.

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