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Russian strikes choke Ukraine's economy as steel shuts down and grain exports stall

The furnaces are cold, the factory floor deserted, and twisted metal litters the grounds of Kamet Steel, a vast industrial complex that once helped power Ukraine's economy but closed after a Russian attack.

Across the country, grain — a key export — piles up in fields and silos as farmers struggle to find routes safe from airstrikes and wait for prices to rise.

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Asian trading is mixed as tech sell-off deepens and oil prices rebound

Shares in Asia were mixed Tuesday as markets like South Korea and Taiwan that are heavily weighted toward technology shares fell to their lowest levels in three months following a sell-off on Wall Street.

U.S. futures edged lower and oil prices moved higher.

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Canada's Carney reports progress in trade talks with US

Canadian Prime Minister Mark Carney said Sunday he had a constructive conversation with U.S. President Donald Trump about a potential trade deal, with negotiators set to work toward an agreement in the coming weeks as the countries seek to resolve their bitter trade dispute just days before the U.S. midterm elections.

Trump subsequently said both sides had "the concept" of a mutually beneficial deal.

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Global shares are mixed and US futures advance, while oil prices fall nearly 4%

Global shares were mixed and oil prices retreated Monday, falling sharply on renewed hopes for progress in diplomatic efforts between the U.S. and Iran.

U.S. futures advanced after U.S. stocks fell Friday to their worst day since June as investors dumped artificial intelligence-related and other technology stocks.

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China's record-breaking exports of clean tech are making a big dent in emissions

China is exporting a record amount of clean energy technology and equipment as the energy crisis from the Iran war drives surging demand for renewables, and that will help reduce global emissions, according to a report released Thursday.

Once installed or deployed, these 2026 exports will likely avert emissions of about 450 million metric tons of carbon dioxide per year, roughly equal to Brazil's annual emissions, says the analysis by the Finland-based Centre for Research on Energy and Clean Air.

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Europe's economy brushes off energy shock from Iran war, shows moderate growth

Europe's economy persevered with moderate growth in the third quarter despite higher oil prices from the U.S.-Iran war, as gross domestic product increased by 0.4% over the quarter before.

The figure released Friday for the 21 European Union member countries that use the euro currency was better than the 0.2% expected by market analysts. Compared to the same quarter a year ago, the economy of the 21 countries using the euro grew by 1.3% in the July-September period, according to EU statistics agency Eurostat.

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Dockworkers stage international strikes to denounce arms shipments, demand better conditions

Dockworkers in Europe and beyond were staging strikes on Friday as part of an international campaign against arms shipments and to demand better working conditions, unions said.

Unions in France, Italy, Greece, Spain, Turkey and Morocco issued a joint call to demand an end to the wars in the Middle East, including the war in Gaza, and "an end to the militarization of ports."

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Canada and EU seek closer ties beyond US as leaders push associate membership

Canadian Prime Minister Mark Carney and European Union leaders are set to conclude a two-day summit Friday as the EU's top official presses to make Canada the bloc's first "associate member" and both sides seek to reduce their dependence on the United States.

European Commission President Ursula von der Leyen and European Council President António Costa joined Carney in Montreal to pursue an unprecedented alliance that could bring Canada closer to the EU than any previous arrangement with a country outside the bloc. But some European governments have resisted the proposed associate membership designation.

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As war strains Kremlin finances, Putin reaches for cash to fund govt and war

With Russia's invasion of Ukraine straining on state finances, President Vladimir Putin is reaching for cash to fund his government and the war, squeezing tax revenue from an economy that's increasingly skewed toward the military — while civilian needs take a back seat.

The country's 2027-2029 state budget, which was approved Thursday in the rubber-stamp parliament on the first of three votes, is accompanied by a string of tax hikes announced after the September parliamentary elections.

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Putin woos African leaders at Moscow summit aimed at expanding Russia-Africa ties

Russian President Vladimir Putin courted dozens of African leaders at a Russia-Africa summit that wraps up Thursday as he seeks to bolster Moscow's clout across the continent.

Speaking during a meeting in the Kremlin on the second day of the summit, Putin said that "Russia and Africa are united by truly strong bonds of friendship and close partnership."

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