Latest Russia News

Nordic unions leaving international media body over Russia

Jan. 31, 2023 08:54 AM EST

COPENHAGEN, Denmark (AP) — A group of Nordic journalists' unions said Tuesday they have left the International Federation of Journalists, which the Norwegian association accused of failing to react to the existence of a Russian media union in occupied areas of Ukraine. For years,...

After tank pledges, Ukraine seeks Western fighter jets

Jan. 31, 2023 08:15 AM EST

KYIV, Ukraine (AP) — Ukraine is pushing its Western allies to provide it with fighter jets, a week after winning pledges of sophisticated modern tanks to help it beat back Russia’s invasion force after almost a year of fighting. Ukrainian Defense Minister Oleksii Reznikov was due...

US futures slide as corporate earnings pour in

Jan. 31, 2023 08:06 AM EST

Wall Street pared some steeper losses but markets were still down in premarket trading Tuesday as a deluge of major corporate earnings poured in ahead of Wednesday's Federal Reserve interest rate meeting. Futures for the Dow Jones industrials fell 0.4% and futures for the S&P 500...

Exxon profits at record high in 2022 as energy prices soared

Jan. 31, 2023 07:34 AM EST

NEW YORK (AP) — Exxon Mobil posted record annual profits in 2022 as Americans struggled with high prices for gasoline, home heating and consumer goods. The oil giant brought in $12.75 billion in profits in the fourth quarter, bringing annual profits to $55.7 billion. That exceeded...

Cyprus picks new president amid economic doubt, ethnic split

Jan. 31, 2023 03:36 AM EST

NICOSIA, Cyprus (AP) — Cypriots are voting Sunday for a new president who they’ll expect to decisively steer the small island nation through shifting geopolitical sands and uncertain economic times that have become people's overriding concern, eclipsing stalemated efforts to remedy the...

Samsung's profit plummets amid global economic woes

Jan. 31, 2023 00:00 AM EST

SEOUL, South Korea (AP) — Samsung Electronics said Tuesday its profit for the last quarter plummeted nearly 70% as a weak global economy depressed demand for its consumer electronics products and computer memory chips. The company’s operating profit of 4.3 trillion won ($3.5...

IMF upgrades outlook for the global economy in 2023

Jan. 30, 2023 22:39 PM EST

WASHINGTON (AP) — The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia's ongoing war against Ukraine. That's the view of the...

Croatia's president criticizes tank deliveries to Ukraine

Jan. 30, 2023 15:33 PM EST

ZAGREB, Croatia (AP) — NATO-member Croatia’s president on Monday criticized Western nations for supplying Ukraine with heavy tanks and other weapons in its campaign against invading Russian forces, saying those arms deliveries will only prolong the war. Zoran Milanovic told...

5 Ukrainian civilians killed as warring sides mull next move

Jan. 30, 2023 14:58 PM EST

KYIV, Ukraine (AP) — Fighting remained largely deadlocked Monday in eastern Ukraine where Russian shelling killed five civilians over the past day, according to Ukrainian officials, as the warring sides sized up their needs for renewed military pushes expected in coming weeks. The...

Ex-Twitter execs to testify on block of Hunter Biden story

Jan. 30, 2023 13:25 PM EST

WASHINGTON (AP) — Former Twitter employees are expected to testify next week before the House Oversight Committee about the social media platform’s handling of reporting on President Joe Biden's son, Hunter Biden. The scheduled testimony, confirmed by the committee Monday, will...