Exclusive: US, Russia have used their military hotline once so far during Ukraine war

Exclusive: US, Russia have used their military hotline once so far during Ukraine war

WASHINGTON, Nov 28 (Reuters) – A communications line created between the militaries of the United States and Russia at the start of Moscow’s war against Ukraine has been used only once so far, a US official told Reuters. The official, who spoke on condition of anonymity, said that the United States initiated a call through … Read more

The yuan’s the new dollar as Russia rides to the redback

The yuan’s the new dollar as Russia rides to the redback

Russia turns to the Chinese currency amid sanctions Moscow becomes No.4 offshore trading center for yuan Yuan’s share of Russian FX market jumps from 1% to 45% Russian central bank supports trend but warns of risks This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW/SHANGHAI, Nov … Read more

Younger Chinese are spurning factory jobs that power the economy

Younger Chinese are spurning factory jobs that power the economy

SHENZHEN, Nov 21 (Reuters) – Growing up in a Chinese village, Julian Zhu only saw his father a few times a year when he returned for holidays from his exhausting job in a textile mill in southern Guangdong province. For his father’s generation, factory work was a lifeline out of rural poverty. For Zhu, and … Read more

They call it ‘The Hole’: Ukrainians describe horrors of Kherson occupation

They call it ‘The Hole’: Ukrainians describe horrors of Kherson occupation

Residents describe detention, torture and death in Kherson Nine-month occupation ended on Friday as Russians retired Among those detained were suspected resistance fighters Russia denies mistreating detainees UN officials say both sides have abused prisoners of war KHERSON, Ukraine, Nov 16 (Reuters) – Residents in Ukraine’s southern city of Kherson call the two-storey police station … Read more

War spurs Ukraine to ramp up defense industry, including ‘army of drones’

War spurs Ukraine to ramp up defense industry, including ‘army of drones’

Ukraine sees Israel’s military defense complex as model Strategic takeovers part of defense push, minister says Ukraine is ‘de facto’ NATO member, official tells Reuters KYIV, Nov 11 (Reuters) – Ukraine plans to build up a powerful military and defense industry including an “army of drones”, and this week’s state takeovers of privately-held stakes in … Read more

Ukraine conflict, sanctions set to blow hole in Russia’s finances

Ukraine conflict, sanctions set to blow hole in Russia’s finances

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine Nov 2 (Reuters) – The cost of Russia’s military mobilization and the impact of Western sanctions are set to blow a hole in the government’s budget forecasts and drain Moscow’s reserves to their lowest level in years, according … Read more

Once wary of immigrants, Canadian town sends out global labor SOS

Once wary of immigrants, Canadian town sends out global labor SOS

OTTAWA/MONTREAL, Oct 27 (Reuters) – Herouxville, a small town in Canada’s Quebec, hit the headlines 15 years ago when it issued a code of conduct for would-be immigrants, warning them not to stone women or burn them alive, and to only cover their faces at Halloween. Fast forward to 2022, and it’s actively courting new … Read more

Exclusive: Toyota scrambles for EV reboot with eye on Tesla

Exclusive: Toyota scrambles for EV reboot with eye on Tesla

Oct 24 (Reuters) – Toyota (7203.T) is considering a reboot of its electric-car strategy to better compete in a booming market it has been slow to enter, and has halted some work on existing EV projects, four people with knowledge of the still-developing plans said. The proposals under review, if adopted, would amount to a … Read more

Exclusive: Exxon exits Russia empty-handed with oil project ‘unilaterally terminated’

Exclusive: Exxon exits Russia empty-handed with oil project ‘unilaterally terminated’

HOUSTON, Oct 17 (Reuters) – Exxon Mobil Corp (XOM.N) said on Monday that it left Russia completely after President Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30% stake in a major oil project . Exxon did not say if it received any compensation for the assets, … Read more

EXCLUSIVE Schlumberger faces employee backlash in Russia over cooperation on draft

EXCLUSIVE Schlumberger faces employee backlash in Russia over cooperation on draft

Oct 14 (Reuters) – Some of oilfield service firm Schlumberger’s (SLB.N) more than 9,000 Russian employees have begun receiving military draft notices through work, and the company is not authorizing remote employment to escape mobilization, according to people familiar with the matter and internal documents. Schlumberger’s cooperation with authorities by delivering the military call-ups and … Read more