As the next round of ceasefire talks between Russia and Ukraine kicked off in Istanbul Tuesday, Ukrainian forces have started counterattacks in parts of Kyiv in response to overnight shelling of reclaimed territory of Irpin.It marks the first face-to-face talks in more than two weeks, but hopes of progress are reportedly slim.Addressing the delegates, Turkish President Recep Tayyip Erdogan said th...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.