INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

New Russian strikes cuts Ukraine’s power supplies

The governor of Kirovograd in central Ukraine called on local businesses and residents to reduce electricity use. (AFP)
  • Russian forces rained over 80 missiles on cities across Ukraine on October 10, according to officials in Kyiv
  • The attack was in retaliation for an explosion that damaged a key bridge linking the Crimean peninsula to Russia.

KYIV, UKRAINE – Fresh Russian strikes on Saturday targeted energy infrastructure in Ukraine’s west, national energy operator Ukrenergo said, with officials in several regions reporting outages.

Russians “carried out another missile attack on energy facilities of the main networks of Ukraine’s western regions. The scale of the damage is comparable or may exceed the consequences of the attack on October 10-12,” Ukrenergo said on social media.

Russian forces rained over 80 missiles on cities across Ukraine on October 10, according to Kyiv, in apparent retaliation for an explosion that damaged a key bridge linking the Crimean peninsula to Russia.

Energy restrictions were “forcibly applied” in several regions, including the capital Kyiv and its surrounding region, Ukrenergo said.

“Ukrenergo specialists are taking all measures to restore electricity supply as soon as possible,” the operator added.

In western Ukraine, electricity and water supplies were disrupted in parts of the Volyn region, according to its governor.

The city of Khmelnitskyi was without power and the city council called on residents to brace for water shortages.

In Rivne, also in the west, governor Vitaliy Koval said attacks damaged electrical substations.

Power outages were also reported in the southwestern Odessa region following “two missile strikes at the region’s energy infrastructure”, governor Maksym Marchenko said.

The governor of Kirovograd in central Ukraine called on local businesses and residents to reduce electricity use following attacks on “important” energy facilities in the Kropyvnytskyi and Golovanivskyi districts.