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Russia’s war on Ukraine latest: Ukraine hits city inside Russian-controlled territory

(Reuters) – Russian forces have had some success L1N35W24R in the eastern frontline city of Bakhmut, Ukrainian military officials said evening, adding that their fighters were still holding on in a battle that has lasted several months. DIPLOMACY, NUCLEAR WEAPONS AND MILITARY AID * The head of the U.N. nuclear watchdog visited Ukraine’s embattled Zaporizhzhia …

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Soccer-Arsenal reach Women’s Champions League semis for first time since 2013

(Reuters) – Arsenal reached the Women’s Champions League semi-finals for the first time in 10 years after beating Bayern Munich 2-0 in their last-eight second leg on Wednesday to go through 2-1 on aggregate. Frida Maanum and Stina Blackstenius scored in the first half at the Emirates Stadium as Arsenal overturned a 1-0 deficit against …

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UK’s Hunt says Britain will not go ‘toe-to toe’ with US, EU in green subsidies -the Times

(Reuters) -The UK’s finance minister, Jeremy Hunt, said Britain would not go “toe-to-toe” with the U.S. and the European Union by offering billions in green subsidies and tax breaks but would look at incentivising private investment, the Times reported on Wednesday. “Our approach will be different – and better. We are not going toe-to-toe with …

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Euro zone underlying inflation sticky, ECB’s Schnabel says in Washington

WASHINGTON (Reuters) -Underlying inflation in the euro zone is proving sticky and the recent fall in energy costs may not pull it down as fast as some expect, European Central Bank board member Isabel Schnabel said on Wednesday, highlighting the bank’s chief concern. Overall inflation in the 20 nations sharing the euro currency is falling …

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BoE’s Mann: Falling headline inflation, high core, make policy difficult

WASHINGTON (Reuters) – Falling energy prices will lower headline inflation towards the Bank of England’s 2% target, but persistent underlying inflation will make it hard for the Bank of England to set monetary policy as the year progresses, Bank of England monetary policy committee member Catherine Mann said on Wednesday. “Gas prices in particular are …

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