Russian forces were fighting on Monday to achieve one of their strategic objectives in Ukraine as Moscow-backed separatists said they were pushing into Lysychansk, the last major city still held by Ukrainian troops in eastern Luhansk province.
- WorldG7 aims to raise $600 billion to counter China's Belt and Road
Increasingly worried about China, G7 leaders first floated plans for the project last year, and are formally launching it now under a fresh title and dropping the moniker "Build Back Better World" first coined by Biden.
- Asian MarketsChina's May industrial profits slump again despite easing COVID curbs, article with gallery
May's improvement was driven by surging profits in the coal mining and oil and gas extraction sectors.
- CommoditiesAnalysis: Food export bans, from India to Argentina, risk fueling inflation
It only took 24 hours last month for Prime Minister Narendra Modi's government in India - the world's second-largest producer of wheat - to shelve its plans to "feed the world".