Thu, 02 Dec 2021

KIEV -- Ukraine and the European Union on Tuesday signed an open-skies agreement that will establish a joint aviation space, the Ukrainian presidential press service said.

The agreement, inked at the 23rd Ukraine-EU Summit in Kiev, will open up the air markets of Ukraine and the EU and bolster air safety, air traffic, and environmental protection, the presidential press service said in a statement. (Ukraine-EU-Open Skies Agreement)

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NAIROBI -- A ruling by the United Nations' top court on the maritime border dispute between Kenya and Somalia has drawn opposing reactions from the two neighboring countries in East Africa.

The International Court of Justice (ICJ) ruled on Tuesday that there was no agreed maritime boundary and ruled largely in favor of Somalia which will get a big chunk of the 100,000 square-kilometer area that is potentially gas and oil-rich. (Kenya-Somalia-ICJ-Border dispute)

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BERLIN -- German shares were almost unchanged at the start of trading on Wednesday, with the benchmark DAX index losing 16.07 points, or 0.11 percent, opening at 15,130.8 points.

The biggest winner among Germany's 40 largest listed companies was software giant SAP, increasing by 3.28 percent after announcing revenues grow above market expectations in the third quarter at five percent to 6.84 billion euros (7.9 billion U.S. dollars). (Germany-Stock)

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TOKYO -- Japan's average retail gasoline price rose to its highest level in seven years earlier this week, reflecting a recent global surge in crude oil prices, the Ministry of Economy, Trade and Industry said Wednesday.

According to the ministry, the average price of regular gasoline rose to 162.10 yen (1.4 U.S. dollars) per liter as of Monday, up 2.10 yen compared with Oct. 4, hitting the highest level since October 2014. (Japan-Gasoline Price)

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MANILA -- The Philippines' Department of Health (DOH) reported 7,181 new COVID-19 infections on Wednesday, pushing the number of confirmed cases in the Southeast Asian country to 2,690,455.

The DOH also reported that 173 more people died from COVID-19 complications, bringing the country's death toll to 40,069. (Philippines-COVID-19 Cases)

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