INSEAD Day 4 - 728x90

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Peace settlement possible if Ukraine stops fighting, says Russia

The US has accused these individuals and companies of abetting war against Ukraine. (AFP)
  • Representatives from around 40 countries including China, India, the United States and Ukraine took part in the peace summit.
  • Russia, which was not invited, said that a resolution was possible if Ukraine "stopped the hostilities and terrorist attacks".

Moscow, Russia – Russia said Monday a peace settlement with Ukraine was only possible if Kyiv put down its arms, after talks were held in Saudi Arabia over the weekend without Moscow’s participation.

Representatives from around 40 countries including China, India, the United States and Ukraine took part in the peace summit, which was held in Jeddah.

Russia, which was not invited, said that a resolution was possible if Ukraine “stopped the hostilities and terrorist attacks” and if Western countries stopped arms supplies to Kyiv.

It also called on Ukraine to cede its occupied territories to Moscow.

“The original foundations of Ukraine’s sovereignty — its neutral, non-aligned and non-nuclear status — must be confirmed,” foreign ministry spokeswoman Maria Zakharova said in a statement.

Over a year into Moscow’s campaign in Ukraine, Kyiv’s forces were pressing ahead with their long-awaited offensive to retake occupied territory.