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Belgium Signs Contract for 20 Rheinmetall Skyranger Air Defence Systems

The German defence manufacturer Rheinmetall has signed a contract to supply 20 Skyranger 30 air defence systems to Belgium, with initial deliveries scheduled for late 2028. The agreement supports the Belgian Armed Forces' 'Blue Dome' initiative to protect critical national infrastructure from aerial threats.

RBI Data Reveals Divergence in Credit Card Spending and Debit Card Cash Withdrawals

The Reserve Bank of India’s latest data reveals a distinct divergence in payment behaviors: while credit card spending is increasingly shifting toward online channels, debit cards remain predominantly used for cash withdrawals. In September 2026, India held over 125 million credit cards and more than 1 billion debit cards, yet the utility of these instruments differed significantly across digital and physical transaction types.

Last news

War in Ukraine: Latest developments

Here are the latest developments in Russia's war in Ukraine:

Ukraine economy could collapse if war drags on: IMF

Ukraine's government continues to function, the banking system is stable and debt payments are viable in the short term, but the Russian invasion could plunge Ukraine into a devastating recession, the International Monetary Fund said Monday.

Art sales hit all-time high in 2021

Art auctions saw a record year in 2021 with $17.1 billion (15.6 billion euros) in sales as the market continued its rapid growth in Asia and recovered from its coronavirus slump, experts Artprice said Monday.

European, US stocks rise on Ukraine hope as oil slumps

European and US equities largely rebounded Monday as investors seized on hopes of progress in peace talks between Russia and Ukraine, sending oil tanking alongside news of key crude consumer China's Covid lockdown of tech hub Shenzhen.

Electronics giant ASUS says shipments to Russia at 'standstill'

Taiwanese computer maker ASUS said Monday its shipments to Russia are at a "standstill" due to the war in Ukraine, days after a top Kyiv official called for the firm's withdrawal.

Ukrainian models who swapped Milan catwalks for war aid

Ukrainian model Bogdana Didenko Nevodnik was in Milan for fashion week when Russia invaded. Unable to return home afterwards, she now sorts aid parcels in the Italian city for her war-torn country.

UN launches biodiversity talks on deal to protect nature

UN biodiversity negotiations began in Geneva on Monday to hammer out a global deal to better protect nature that is due for approval later this year.

Most Asian markets hit by Ukraine fears, tech selloff

Asian markets mostly fell Monday as traders track developments in the Ukraine war and diplomatic efforts to bring the crisis to an end while Hong Kong took a pounding after China placed Shenzhen into lockdown, fuelling a rout in the tech sector.

Deadly air strike hits Kyiv ahead of new Russia-Ukraine talks

An air strike on a residential building in Ukraine's capital killed at least one person Monday, the country's emergency service said, as Moscow maintained its devastating assault ahead of a fresh round of talks.

Air strike kills two in Kyiv ahead of new round of talks

An air strike on a residential building in Ukraine's capital killed at least two people Monday, the country's emergency service said, as Moscow maintained its devastating assault ahead of a fresh round of talks.

Moscow threatens Western companies with arrests, seizures: report

Russian authorities, facing potential economic calamity as Western sanctions take hold, have threatened foreign companies hoping to withdraw from the country with arrests and asset seizures, the Wall Street Journal reported Sunday.

Most Asian markets down as traders track Ukraine invasion

Asian markets mostly fell Monday as traders track developments in the Ukraine war and diplomatic efforts to bring the crisis to an end, while this week's Federal Reserve meeting is in focus as it prepares to start lifting interest rates.

Digital art in spotlight as Dubai makes crypto hub bid

Art Dubai, the Middle East's largest annual contemporary art fair, has featured for the first time digital works, as the wealthy Gulf emirate seeks to position itself as a crypto-assets hub.

Shanghai tailors keep qipao dress tradition alive

Zhou Zhuguang surveys his Shanghai workshop and rows of workers meticulously stitching high-collared Chinese dresses known as qipao, some of which sell for nearly $5,000.

Agriculture giant Brazil nervously eyes Ukraine war

Agricultural powerhouse Brazil is nervously watching the impact of Russia's war on Ukraine, uncertain whether the upside -- an expected boost to Brazil's corn exports -- will outweigh the hit to its crucial fertilizer imports.

Europe new 'hotspot' for arms imports: report

Europe saw the world's biggest rise in arms imports in the past five years, a trend set to accelerate following recent rearmament commitments amid the threat posed by Russia, researchers said Monday.

UN agencies condemn attacks on health care in Ukraine

UN agencies on Sunday called for an immediate ceasefire and an end to attacks on healthcare professionals and facilities in Ukraine, which have killed a dozen people, describing them as acts of "unconscionable cruelty".

'Batman' again tops N.America box office in a slow month

"The Batman" held fast to its leading position in North American theaters this weekend, with a strong take estimated at $66 million, industry watcher Exhibitor Relations reported Sunday.

Moroccan carrier launches Israel flights after Covid delay

Royal Air Maroc took off from Morocco's economic capital Casablanca bound for Tel Aviv on Sunday, in the carrier's first direct flight to the Jewish state since the two countries normalised ties in 2020.

Saudi women drive for extra cash as costs climb

Like other Saudi women, Fahda Fahd couldn't legally drive until 2018, but her lime-green Kia is now a route to extra cash as living costs rise in the conservative kingdom.

Tram ride through wartime Kyiv stirs memories of lost city

The world-weary conductor nudged her rusty red tram past the barricade and shook her head at the tragedy she has seen befall Kyiv since Russian forces invaded Ukraine.

Abramovich's superyacht cruises in to Montenegro marina

A superyacht belonging to the Russian billionaire owner of Chelsea football club sanctioned over Russia's invasion of Ukraine anchored off Montenegro Saturday, an AFP photographer said.

Eastern Europe embraces Ukraine refugees as workforce

Eastern European countries are embracing the millions of Ukrainians fleeing Russia's invasion as a potential workforce but analysts warn it be challenging to integrate them all.

Family of transgender 8-year-old takes on Texas governor

Standing in front of a half-American, half-rainbow flag outside her home, Rebekah Bryant is outraged by a Texas order that considers medical hormonal treatments for transgender minors to be a crime.

Texas court suspends investigations of parents of transgender minors

A Texas judge on Friday blocked investigations into the parents of transgender minors, halting for the time being a controversial directive by the southern US state's governor.

Saudi blogger Raif Badawi released after 10 years in prison

After 10 years in prison for "insulting Islam," Saudi blogger and human rights activist Raif Badawi, who has become a symbol of freedom of expression around the world, was released on Friday.

In Ukraine hospital, war-wounded children make slow recovery

A plaster on his eye, eight-year-old Dima Kasyanov lies unconscious on a hospital bed in Ukraine's second city Kharkiv after a Russian missile blasted through his home.

Volkswagen profits surge despite selling fewer cars

Volkswagen said Friday its net profits jumped last year despite selling fewer cars due to the semiconductor shortage as buyers forked out for better-equipped cars.

UN authorization to fight piracy in Somali waters ends

The Security Council quietly let a deadline pass for it to renew UN authorization to fight piracy in waters off lawless Somalia, diplomats said.

Russia curbs Instagram over 'death to invaders' posting rule

Russia moved on Friday to restrict Instagram access and launched a criminal case against its owner Meta, as Moscow fired back at the tech giant for allowing posts calling for violence against Russian forces.

Suffocated by sanctions, Russia squeezes foreign firms leaving

Russia is piling huge pressure on foreign companies fleeing the country following Moscow's decision to send troops to Ukraine even as some tycoons warn that the seizure of assets would take the country "back to 1917".

'Heroic spirits': Women rush to Ukraine's defence

The woman who was Ukraine's first female volunteer to get a full military contract wants the new recruits in her charge to drop all notions about the romance of war.

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American Marconi Wireless News - Economy (English)