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    Highlights: 13 civilians killed in Russian air strike on Ukrainian bread factory

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    Highlights: 13 civilians killed in Russian air strike on Ukrainian bread factory


    Russia-Ukraine War highlights: Russia declares ceasefire in the areas of Kyiv, Mariupol, Kharkov, and Sumy from 10 AM Moscow time to allow for evacuations, while major clashes have been reported between Russian and Ukrainian forces in Luhansk. Meanwhile, Prime Minister Narendra Modi will speak to Ukrainian President Volodymyr Zelenskyy on Monday, official sources said. Russian forces increased their shelling of Ukraine, while President Volodymyr Zelenskyy appealed to the West to strengthen sanctions. Ukraine says Russian forces stepped up nighttime shelling of cities in the center, north and south of the country. Kyiv is all set to ask the United Nations' top court on Monday to issue an emergency ruling requiring Russia to stop its invasion, arguing that Moscow's justification for the attack is based on a faulty interpretation of genocide law. Track all the live updates around Russia-Ukraine war here

    Highlights: 13 civilians killed in Russian air strike on Ukrainian bread factory
    • With that we wrap the LIVE updates on the Russia-Ukraine war. Do join us tomorrow for the top developments on the ongoing crisis tomorrow. Until then stay tuned to CNBCTV18.com for more news, views and other updates.

    • Ukrainian has suffered $10 billion in infrastructure damages, says minister

      Ukraine has suffered about $10 billion in damage to infrastructure since Russia invaded the country, Infrastructure Minister Oleksander Kubrakov said on Monday. He said in televised comments that the figure stood as of Sunday, and added: "The majority of (damaged) structures will be repaired in a year, and the most difficult ones – in two years." Kubrakov said 40,000 people had been evacuated from the eastern city of Kharkiv on Sunday. But Ukraine has appealed to Russia to let civilians leave other cities and an Interior ministry official, Vadym Denysenko, said 4,000 civilians still needed to be evacuated from the outskirts of the capital Kyiv. "Russia is doing all it can to prevent (humanitarian) corridors," Denysenko added.

    • At least 13 civilians killed in air strike on Ukrainian bread factory, say emergency services

      The bodies of 13 civilians were recovered from rubble after an air strike on a bread factory in the Ukrainian town of Makariv in the Kyiv region on Monday, local emergency services said in an online statement. Five people were rescued, it said, adding that in total around 30 people were believed to have been at the factory before the attack.

    • Arms industry eyes boost as Europe looks to bolster defences

      Russia's invasion of Ukraine has catapulted defence spending up the political agenda in Europe and could herald a new era of purchases led by Germany, according to weapons makers gathering at an arms fair in Saudi Arabia this week. The World Defense Show, where Europe's Airbus, MBDA and Leonardo are exhibiting alongside nearly 600 other weapons makers, is taking place amid the largest assault on an European state in 70 years. The conflict has reignited interest in security issues after years of European defence spending cuts and fatigue following NATO failures in Afghanistan. Germany, which has long played down the role of its military in foreign policy, Denmark and Poland have all said they will ramp up defence spending with war at their doorstep.

    • More than 1.7 million Ukrainians have fled to Central Europe, UN says

      More than 1.7 million Ukrainians fleeing Russia's invasion have so far crossed into Central Europe, the United Nation's refugee agency said on Monday, as thousands more streamed across the borders. Poland - which has the largest Ukrainian community in Central Europe - has received more than 1 million Ukrainian refugees since the conflict began on Feb. 24, with the milestone passed late on Sunday. "This is a million human tragedies, a million people banished from their homes by the war," the Polish border guard service tweeted late on Sunday. A total of 1,735,068 civilians - mostly women and children, as men stayed home to fight - have so far crossed the border into Central Europe, the UNHCR said. The European Union could see as many as 5 million Ukrainian refugees if Russia's bombardment of Ukraine continues, the EU's top diplomat, Josep Borrell, said. Russia calls its actions in Ukraine a "special operation". Central Europeans, whose memories of Moscow's dominance after World War Two run deep, continued to show support for their eastern neighbours.

    • UK targets new Russia sanctions on March 15 if new laws approved

      Britain will be able to sanction hundreds of individuals on March 15 if emergency legislation is passed as scheduled, foreign minister Liz Truss said on Monday. "If parliament passes the legislation by Monday the 14th of March we will be able to sanction the hundreds of individuals by next Tuesday, the 15th of March," she said.

    • UK ambassador to Ukraine has left the country, says foreign minister

      British foreign minister Liz Truss said on Monday Britain's ambassador to Ukraine had left the country because of the "serious security situation" after Russia invaded. "Our ambassador has left Ukraine because of the serious security situation," Truss told a parliamentary committee.

    • Russia-Ukraine war impact: Which industries are worst hit?
      Just as industries like semiconductor chips, auto and agriculture were inching towards pre-pandemic levels, Putin threw a spanner in the works by declaring war on Ukraine.
      Highlights: 13 civilians killed in Russian air strike on Ukrainian bread factory
    • Russian steel billionaire calls lost lives in Ukraine a tragedy

      Vladimir Lisin, a Russian billionaire, told employees at steelmaker NLMK that lost lives in Ukraine were a tragedy that was hard to justify, and called for a peaceful diplomatic resolution to the conflict. Lisin, NLMK's chairman and main shareholder, said in a letter to staff that was posted on social networks by an employee that the company and its board of directors hoped that the conflict was resolved soon. A spokesperson for the company confirmed the authenticity of the letter.

    • Ukraine demands end to attacks on civilians before talks with Russia

      Ukrainian negotiator Mykhailo Podolyak urged Russia to halt attacks on civilians on Monday as he prepared to start a third round of talks with Russian officials on Moscow's invasion of Ukraine. "In a few minutes, we will start talking to representatives of a country that seriously believes large-scale violence against civilians is an argument. Prove that this is not the case. Do not pay attention to various toxic names like Yanukovych, Boyko, Muraev, which are foolish Russians," he said on Twitter.

    • Moscow will allow Ukrainians to flee to Russia

      Moscow said on Monday that it would provide corridors for residents of Ukraine's two main cities to flee to Russia and Belarus, a move Ukraine called an immoral stunt to exploit the suffering of civilians under Russian bombardment. Russian and Ukrainian delegations assembled for a third round of talks in Belarus, both sides said. Two previous rounds yielded little beyond pledges to open routes for humanitarian access that have yet to be successfully implemented. "In a few minutes, we will start talking to representatives of a country that seriously believes large-scale violence against civilians is an argument," Ukrainian negotiator Mykhailo Podolyak said on Twitter. "Prove that this is not the case." Russia's announcement of "humanitarian corridors" came after two days of failed ceasefires to allow civilians to escape the besieged city of Mariupol, where hundreds of thousands are trapped without food and water, under relentless bombardment.

    • Ukraine foreign ministry says Russian shelling preventing evacuation, aid deliveries

      Russian shelling is preventing the evacuation of civilians from Kyiv, Mariupol, Sumy, Kharkiv, Volnovakha and Mykolayiv, Ukraine’s Foreign Ministry said on Monday. "This prevents the safe passage of humanitarian columns with Ukrainian and foreign citizens, as well as the delivery of medicines and food," it said in a statement. The ministry called on foreign leaders to force Russia to observe a ceasefire to prevent what it said could be a humanitarian catastrophe.

    • Russian tanks are firing at Mykolayiv regional airport, says governor

      Russian tanks were firing on Monday at the main airport in Ukraine's southern Mykolayiv region which Ukrainian forces had earlier taken back from Russian forces, Governor Vitaliy Kim said in an online post.

    • UN confirms over 400 civilian deaths in Ukraine following Russian invasion

      The United Nations' human rights office said on Monday it had confirmed the deaths of 406 civilians, including 27 children, in Ukraine since the start of Russia's invasion on February 24, but it said the real figure was likely to be much higher. The latest figures from the U.N. High Commissioner for Human Rights, which has a monitoring mission in Ukraine, cover the period from Feb. 24 to March 6. The figure compared with 364 confirmed deaths in its report on Sunday.

    • Russia must listen to World Court orders despite its boycott, says Ukraine envoy

      Russia will have to listen to the orders of the International Court of Justice (ICJ), even though it boycotted the hearing of Ukraine's case demanding an emergency order to stop the hostilities, Ukraine's envoy to the court said on Monday. "They need to listen and they must listen to the court, under international law", Ukrainian envoy Anton Korynevych told reporters after the conclusion of the hearing in The Hague.

    • Over 900 Ukrainian communities without power, heat or water supply

      Attacks by Russian forces have left over 900 communities in Ukraine without any supplies of electricity, water and heating, Ukrainian presidential adviser Mykhailo Podolyak said on Monday. "Barbarians of the XXI century. Russia damaged/destroyed 202 schools, 34 hospitals, 1500+ residential buildings," he said on Twitter. The energy ministry said 646,000 people across Ukraine had no electricity, and that 130,000 were without gas.

    • Just IN | Biden to speak with leaders of France, Germany, Britain on Ukraine crisis

      US President Joe Biden planned to hold a video teleconference with the leaders of France, Britain and Germany on Monday to disucss developments in Ukraine as Washington pushes its allies on a possible Russian oil ban.

    • Russian banks consider China UnionPay cards after sanctions

      Leading Russian banks are looking into issuing cards that operate on a Chinese payment system after Visa and Mastercard said they would cut their services in Russia over the invasion of Ukraine. Sberbank and Tinkoff Bank said Sunday that they are considering the possibility of payment cards powered by China's UnionPay system. Sberbank, Russias largest bank, said it would announce the launch date later. Sberbank and Tinkoff told users that they will be able to use Visa and Mastercard for transactions within Russia but they will stop working for payments outside of the country after Wednesday. The Russian central bank warned Sunday that all cards using the Visa or Mastercard systems will stop working for both purchases on foreign websites and transactions abroad.

    • Russia-Ukraine war impact: Key factors leading to market correction, explained
      Indian equity markets have seen a steep correction with Nifty down 15 percent from its highs. Watch video to understand the factors leading to the correction in markets.
      Highlights: 13 civilians killed in Russian air strike on Ukrainian bread factory
    • Poland to set up $1.75 billion fund to help Ukrainian refugees

      The Polish government plans to create an 8 billion zloty ($1.75 billion) fund to help war refugees from Ukraine, a government official said on Monday. The United Nations estimates more than 1.5 million people have fled Ukraine since Russia attacked its neighbour on Feb. 24. More than 1 million have crossed the border into Poland. Many thousands have been hosted across the country, but the aid effort has been predominantly shouldered by non-governmental organizations, volunteers and municipalities. The government was due to introduce a bill later on Monday on a aid package to fund food and temporary lodgings for refugees, along with measures allowing them to legally work and access public healthcare and social assistance in Poland. "Our initial assumption is that the fund we will set up will amount to about 8 billion zloty. That will finance the most urgent supplies and lodging but also the access to the labour market, social benefits and education," Minister Lukasz Schreiber told private broadcaster Radio Plus on Monday.

    • Stung by criticism, UK's Johnson speeds up Russia sanctions

      UK lawmakers are set to pass a bill on Monday aimed at toughening sanctions on Russia and rooting out ill-gotten money from the British economy. Prime Minister Boris Johnson said the Economic Crime Bill will let British authorities pursue (Russian President Vladimir) Putins allies in the UK with the full backing of the law, beyond doubt or legal challenge. Johnson was meeting Canadian Prime Minister Justin Trudeau and Dutch leader Mark Rutte on Monday to discuss toughening the Wests response to the invasion. But critics say the British government is trying belatedly to fix problems of its own making. Opposition politicians and anti-corruption campaigners say Johnsons Conservatives have allowed ill-gotten money to slosh into UK properties, banks and businesses for years, turning London into a laundromat for dirty cash. Johnson has repeatedly claimed that Britain is leading international efforts to punish Putin over the invasion of Ukraine. The UK has slapped sanctions on a host of Russian banks and businesses, measures the government says have curtailed more than 250 billion pounds' ($330 million) worth of Russian economic activity. So far, though, it has sanctioned only a handful of Kremlin-linked individuals with assets in Britain, fewer than either the European Union or the US.

    • Putin says Russian forces doing everything to evacuate Indian citizens from Sumy

      Russian President Vladimir Putin on Monday assured Prime Minister Narendra Modi that his forces are doing everything to evacuate the stranded Indian citizens, mostly students, from the war-torn eastern Ukrainian city of Sumy, according to his office. During the 50-minute telephonic conversation, Prime Minister Modi conveyed his "deep concern" over the safety and security of the Indian students stuck in Sumy city and sought their evacuation at the earliest. Around 700 Indian students are stranded in Sumy amid intense fighting between Russian and Ukrainian troops and India has been urging both sides to create a "humanitarian corridor" for their safe evacuation. President Putin, in the telephone conversation with Prime Minister Modi, said that Russian military personnel are doing everything to evacuate Indian citizens from Sumy, the state-owned TASS news agency reported, citing the Kremlin.

    • Hungary PM signs decree allowing deployment of NATO troops in western region

      Hungary allows NATO troops to be deployed in western Hungary and weapons shipments to cross its territory to other NATO member states, according to a decree signed by Prime Minister Viktor Orban and published in the official gazette on Monday. The decree, however, says Hungary does not allow lethal weapons shipments across its territory to Ukraine.

    • Russia accuses Ukraine of thwarting humanitarian corridors: Ifax report

      Russia's defence ministry accused Ukraine on Monday of not complying with agreements to create humanitarian corridors to evacuate civilians, Interfax news agency reported. Russia announced new "humanitarian corridors" earlier on Monday to transport Ukrainians trapped under its bombardment - to Russia itself and its ally Belarus, a move immediately denounced by Kyiv as an immoral stunt.

    • From Shell to Airbnb to SpaceX, here’s how western companies are helping Ukraine
      Shell has pledged to donate the profits from sale of Russian oil to the cause of Ukranians, and Elon Musk's Starlink satellite broadband service has been activated in Ukraine, among many other…
      Highlights: 13 civilians killed in Russian air strike on Ukrainian bread factory
    • Turkey announces talks with Russian and Ukraine foreign minister

      Turkish Foreign Minister Mevlut Cavusoglu says the foreign ministers of Russia and Ukraine will meet near the Turkish Mediterranean coastal city of Antalya this week. Cavusoglu said Monday he would also take part in the meeting between Russia's Sergey Lavrov and Dmytro Kuleba of Ukraine, which would be in a trilateral format. The meeting will take place on the sidelines of an international diplomacy forum in Antalya this week. Turkey, which has close ties to both Russia and Ukraine has sought to place itself as a mediator between the warring sides.

    • 1,314 Indians airlifted from Ukraine's neighbouring countries on March 7

      A total of 1,314 Indians were airlifted on Monday by seven civilian flights from Ukraine's neighbouring countries, the Civil Aviation Ministry said. "Tomorrow, two special civilian flights are expected to operate from Suceva, Romania, to bring more than 400 Indians back home," the ministry's statement added. On Monday, four civilian flights landed in Delhi while two reached Mumbai, the ministry noted. "One flight is expected late in the evening (on Monday)," it mentioned. The Ukrainian airspace has been shut since February 24 following a fierce Russian military offensive. Indian citizens stuck in war-hit Ukraine are being airlifted once they cross over to neighbouring countries such as Romania, Hungary, Slovakia and Poland. Food producers in the U.S. get most of their raw materials domestically, but any drop in production and exports from Ukraine would reverberate globally through price increases.

    • Wheat prices jump to a 14-year high over global supply concerns amid Russia-Ukraine war

      Wheat prices jumped to a 14-year high on March 7 over concerns about global supplies amid escalating conflict in Ukraine. Consumers facing higher prices for products made with wheat could be in for more pain as global supplies grow tighter due to Russia's invasion of Ukraine. On MArch 3, wheat prices jumped 37 percent and corn prices jumped 21 percent so far in 2022 after rising more than 20 percent throughout 2021. Persistently rising inflation has already prompted companies like Kellogg and General Mills to raise prices and pass the costs off to consumers and that pattern may worsen with the current crisis. Ukraine has long been considered a bread basket because of its rich soil. The nation accounts for 12 percent of the worlds total wheat exports, according to the US Department of Agriculture. It is also estimated to supply 16 percent of the worlds corn exports this year.

    • Kremlin says Russian military action will stop ‘in a moment’ if Ukraine meets conditions

      Russia is demanding that Ukraine cease military action, change its constitution to enshrine neutrality, acknowledge Crimea as Russian territory and recognise the separatist republics of Donetsk and Lugansk as independent territories, Kremlin spokesman Dmitry Peskov said. Peskov told Reuters that Russia had told Ukraine it was ready to halt its military action "in a moment" if Kyiv met its conditions. It was the most explicit Russian statement so far of the terms it wants to impose on Ukraine to halt what it calls its "special military operation" in Ukraine, now in its 12th day. Peskov said Ukraine was aware of the conditions. "And they were told that all this can be stopped in a moment." On the issue of neutrality, he said: "They should make amendments to the constitution according to which Ukraine would reject any aims to enter any bloc. This is possible only by making changes to the constitution." The Kremlin spokesman insisted Russia was not seeking to make any further territorial claims on Ukraine.

    • Just IN | Ukrainian forces retake control of northeastern town, Ukrainian official say

      Ukrainian forces have retaken control of the town of Chuhuiv in northeastern Ukraine, presidential adviser Oleksiy Arestovych told a briefing on Monday. Further details were not immediately available on the situation in the town in the Kharkiv region, where fighting has been heavy since Russia invaded Ukraine.

    Russia-Ukraine war news highlights:
    Russias invasion of Ukraine entered its 12th day following what Ukrainian authorities described as increased shelling of encircled cities and another failed attempt to start evacuating hundreds of thousands of civilians from the besieged southern port of Mariupol. Russian and Ukrainian forces had agreed to an 11-hour cease-fire Sunday, but Ukrainian officials said Russian attacks quickly closed the safe-passage corridor. Another cease-fire was to begin Monday morning. A third round of talks between Russian and Ukrainian leaders was planned for Monday. More than 1.5 million Ukrainians had been forced from the country. Ukrainian President Volodymyr Zelenskyy urged his people to keep resisting, and Ukraines foreign minister said more than 20,000 people from 52 countries had volunteered to fight in Ukraines newly created international legion. Russian President Vladimir Putin likened the Wests sanctions on Russia to declaring war.
    Here's a look at key things to know about the conflict:
    Violence stops planned civilian evacuations again: Russia announced a cease-fire starting Monday morning and the opening of humanitarian corridors in several areas to allow hundreds of thousands of Ukrainian civilians to flee the fighting, even as its armed forces continued to pummel Ukrainian cities. Ukrainian Interior Ministry adviser Anton Gerashchenko had blamed Russian artillery fire for halting a second attempt in as many days to evacuate an estimated 200,000 civilians from Mariupol, where food, water and medicine are scarce. A day earlier, Ukrainian officials similarly said Russian artillery fire and airstrikes had prevented residents from leaving. Putin accused Ukraine of sabotaging the effort. Russia has sought to cut off Ukraines access to the Sea of Azov in the south. Capturing Mariupol could allow Russia to establish a land corridor to Crimea, which it annexed in 2014.
    What else is happening on the ground?
    Russian forces launched hundreds of missiles and artillery attacks across the country, including powerful bombs dropped on residential areas of Chernihiv, a city north of the capital of Kyiv, Ukrainian officials said. But a miles-long Russian armored column threatening the capital remained stalled outside Kyiv. Sunday evening, heavy shelling also came to Mykolaiv in the south and Kharkiv, the countrys second-largest city. Efforts to evacuate residents from the Kyiv suburbs of Bucha, Hostomel and Irpin on Sunday were mostly unsuccessful. A senior American defense official said Sunday the U.S. believes that about 95% of the Russian forces that had been arrayed around Ukraine are now inside the country. Ukrainian air and missile defenses remain effective and in use, and the Ukrainian military continues to fly aircraft and to employ air defense assets, the official said.
    Ukrainian forces were also defending Odesa, Ukraines largest port city, from Russian ships, Ukrainian presidential adviser Oleksiy Arestovich said. The Russian Defense Ministry on Sunday announced plans to strike Ukraines military-industrial complex, and it alleged that Ukrainian forces were plotting to blow up an experimental nuclear reactor in Kharkiv and to blame it on Russia. The ministry offered no evidence to back its claims, which could not be independently verified.

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