EU court upholds sanctions against Russian tycoon

Roman Abramovich denies allegations that he is benefiting from the Ukraine conflict Russian billionaire Roman Abramovich has protested his innocence and denied reaping benefits from the Ukraine conflict after an EU court refused to remove sanctions on the businessman.

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Biden wants $60 billion for Kiev – media

The US president will reportedly request $100 billion from Congress on Friday for Ukraine, Israel, Taiwan, and the border  The White House is expected to send an appropriation request for security spending worth $100 billion to the US Congress on Friday morning, multiple news outlets report. The bulk of the package, $60 billion, would go…

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China’s factory and services activity loses steam

Beijing’s zero-Covid policies are curbing production and disrupting supply chains Widespread lockdowns introduced by the Chinese authorities to tackle the latest surge in Covid-19 cases have dragged down China’s April manufacturing and services activity.

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