Russia-Ukraine war: Frontline update as of January 31

In Ukraine, on the frontline, there were 88 combat engagements over the day. The adversary persists in attempts to capture Avdiivka and unsuccessfully tries to regain lost positions on the left bank of the Kherson region, reports the General Staff of t…

Russia-Ukraine war: Frontline update as of January 31

In Ukraine, on the frontline, there were 88 combat engagements over the day. The adversary persists in attempts to capture Avdiivka and unsuccessfully tries to regain lost positions on the left bank of the Kherson region, reports the General Staff of t…

Novartis updates mid-term outlook as Q4 profit up

Swiss pharma major Novartis on Wednesday updated its mid-term guidance as it reported a fourth-quarter net income of $8.48 billion, up from last year’s $1.47 billion. Earnings per share were $4.14, significantly higher than $0.69 a year ago. Looking ah…

Can Iran’s Central Bank rescue the plummeting Rial?

By bne correspondent in Tehran The Iranian rial (IRR) has been successively recording drops in recent days following the escalation of tensions in the region between Shi’ite Muslim militias close to Iran and the US and Israel. This has raised concerns …