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Will the FIFA World Cup be the economic bonanza US cities were promised?

Will the FIFA World Cup be the economic bonanza US cities were promised? Cities remain optimistic despite lagging hotel bookings and high ticket prices that might deter foreign travellers. Global sporting events like the FIFA World Cup are often pitched to host cities as economic jackpots.

Al Jazeera 1d ago

Ukraine drones target St Petersburg as Russia’s flagship economic forum opens

Ukraine drones target St Petersburg as Russia’s flagship economic forum opens Black smoke rises over major fuel terminal as city hosts Vladimir Putin’s global economic summit Ukrainian drones hit energy and military sites in St Petersburg early Wednesday morning as officials gathered for a flagship economic forum in the city, Russian and Ukrainian authorities said. Some 20,000 guests from 130 countries are set to attend the three-day annual St Petersburg International Economic Forum – an...

South China Morning Post 7d ago

Ukrainian drones hit St Petersburg as ‘Russian Davos’ opens in city

Energy and military sites targeted as guests gather for economic forum where Putin is due to speak on FridayUkrainian drones hit energy and military sites in St Petersburg early on Wednesday hours before international guests gathered for the city’s flagship economic forum, in a blow to Vladimir Putin. Several long-range drones crashed into oil storage facilities after Russian air defences tried unsuccessfully to shoot them down. There were loud explosions and black smoke rose high above the...

The Guardian World 7d ago

Ukrainian drones hit St Petersburg as ‘Russian Davos’ opens in city

Energy and military sites targeted as guests gather for economic forum where Putin is due to speak on FridayUkrainian drones hit energy and military sites in St Petersburg early on Wednesday hours before international guests gathered for the city’s flagship economic forum, in a blow to Vladimir Putin. Several long-range drones crashed into oil storage facilities after Russian air defences tried unsuccessfully to shoot them down. There were loud explosions and black smoke rose high above the...

The Guardian UK 7d ago

The £5 coffee that tells a story of global economic turmoil

Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam

BBC Business 13d ago

Live: Ukrainian drone attack on St. Petersburg wounds several, damages infrastructure

Ukrainian drones on Wednesday hit buildings in several districts in Russia’s second city Saint Petersburg, injuring a number of people and damaging infrastructure, the region’s governor said. The attack comes as the city stands host for an economic conference known as the “Russian Davos” and which President Vladimir Putin is set to attend. Follow our liveblog for the latest developments.

France 24 7d ago

Ukraine strikes St. Petersburg with drones ahead of 'Russian Davos'

Ukraine strikes St. Petersburg with drones ahead of 'Russian Davos' Ukrainian drone attacks in St. Petersburg targeted military and energy infrastructure overnight into Wednesday, setting ablaze a Russian warship and oil depots on the Baltic coast. This attack deep in Russian territory came on the opening day of Putin's three-day economic forum held in the city and as NATO Secretary General Mark Rutte arrived in Kyiv for an unannounced visit. Ukrainian long-range drones struck an oil...

France 24 7d ago

Ukraine hits St. Petersburg again after Putin rejects talks

Ukraine hits St. Petersburg again after Putin rejects talks June 6, 2026The Russian city of St. Petersburg was targeted by a fresh barrage of long-range Ukrainian drones on Saturday as an international economic forum in the city came to a close. In the Leningrad Region which surrounds St. Petersburg (formerly known as Leningrad), local governor Alexander Drosdenko said air defenses shot down 141 drones in an "unprecedented attack," while people within the city were warned to take shelter....

Deutsche Welle 3d ago

Among Mamdani’s Priorities, Economic Development Seems Low on the List

Mayor Zohran Mamdani’s team has considered at least 10 people as they look to hire a president of the city’s Economic Development Corporation.

New York Times 11d ago

MTR Corp boss Jacob Kam elected chairman of Hong Kong’s largest business chamber

MTR Corp boss Jacob Kam elected chairman of Hong Kong’s largest business chamber Kam takes over as head of the Hong Kong General Chamber of Commerce for one-year term Jacob Kam Chak-pui, 64, took over as chairman of the Hong Kong General Chamber of Commerce on Wednesday following an election among members, expressing “strong confidence” in the city’s economic development. Kam, previously the chamber’s vice-chairman, said he believed the market outlook was rebounding as the global...

South China Morning Post 7d ago