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Inside Ukraines kill zone
Even on a 30-minute drive from Russia’s positions in eastern Ukraine, being visible can be fatal. The buzz of rotors overhead is constant. Fibre-optic cables criss-cross cratered fields. Pick-up trucks are encased in prickly metal cages for protection. In cities such as Kherson, nets are strung across roads and hospitals in an attempt to tame…
Ryanair to raise fares after profits dip amid Italy abuse fine
Ryanair is to raise its fares following a fall in quarterly profits after being fined by Italy’s competition watchdog for abusing its market position. The budget airline posted pre-tax profits of €24.4 (£21.2m) for the three months to December, an 83% drop from the same period the previous year. But the company remained confident saying…
Abu Dhabis Adnoc in deal talks over oil refinery at centre of US sanctions
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. United Arab Emirates state energy company Adnoc has emerged as the frontrunner to buy Russia’s controlling stake in Serbia’s sole oil refinery, as Belgrade grows increasingly frustrated with Moscow’s foot-dragging under US sanctions. Adnoc, or…
Bangladesh secures lower US tariffs and exemptions for clothing goods
In exchange, Bangladesh has agreed to provide “significant preferential market access” to a host of American agricultural and industrial goods. These include opening up its markets to more US chemicals, medical devices, car parts, soy products and meat, said the White House.
