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US envoys met with Vladimir Putin in Moscow and are traveling to Kyiv to advance a peace initiative. Both sides discussed concrete next steps to end the war in Ukraine. Ukraine agreed to suspend attacks, while Russia is confident it can conquer eastern Ukraine.
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Israel attacked Hezbollah targets in southern Lebanon after the militia fired drones at Israeli soldiers. The army urged residents of one town to evacuate. Over 4,300 people have been killed in Lebanon since the conflict began in March.
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Ultra-fast fashion provider Shein's IPO in Hong Kong valued the company at around $27 billion, 70 percent below its 2022 peak. Investors expressed concerns about supply chains and environmental impact, leading to a significantly reduced valuation.
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The US military reports attacking three Iranian oil tankers in the Gulf of Oman and sinking one. This action was a response to Iranian rocket fire targeting two US warships, which the US states were able to evade.
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A woman is suing the city of Vienna over unequal treatment of men and women in public restrooms, as urinals are free while cubicles cost 50 cents. The city justifies this by citing higher cleaning costs for cubicles, stating that revenue does not cover expenses.
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During a discussion on resource partnerships with Africa, there was agreement that human rights are secondary in resource matters. Companies criticized Germany's supply chain law as bureaucratic and costly, while business associations pushed for a weakening of the regulations.