Bloomberg Business

Ukraine Recap: Missiles Destroy Russian Helicopters at Airfields

Ukraine’s military said missile strikes on Russian airfields in the occupied Luhansk in the east and Berdyansk on the Sea of Azov destroyed nine Russian helicopters, an air-defense missile unit and an ammunition depot as well as damaging the runways of both airfields. Russia’s military hasn’t commented.

David Einhorn Pushes Back on Schaeffler’s Vitesco Bid Over Price

Schaeffler AG’s €3.64 billion ($3.8 billion) plan to buy Vitesco Technologies Group AG has sparked resistance from prominent minority shareholders including David Einhorn who argue the offer undervalues the target, according to people familiar with the matter.

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