Russia’s Drone Attack Damages Ukraine’s Energy Infrastructure, Injures Two 

A view shows a damaged private house at the site of a Russian drone strikes, amid Russia's attack on Ukraine, on the outskirts of Lviv, Ukraine June 19, 2024. (Reuters)
A view shows a damaged private house at the site of a Russian drone strikes, amid Russia's attack on Ukraine, on the outskirts of Lviv, Ukraine June 19, 2024. (Reuters)
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Russia’s Drone Attack Damages Ukraine’s Energy Infrastructure, Injures Two 

A view shows a damaged private house at the site of a Russian drone strikes, amid Russia's attack on Ukraine, on the outskirts of Lviv, Ukraine June 19, 2024. (Reuters)
A view shows a damaged private house at the site of a Russian drone strikes, amid Russia's attack on Ukraine, on the outskirts of Lviv, Ukraine June 19, 2024. (Reuters)

Russian drone attacks on Wednesday damaged energy infrastructure in central Ukraine and injured at least two people in the western region of Lviv, Ukrainian authorities said.

The energy ministry said via the Telegram messaging app that emergency services have been deployed to the sites of the attacks and that repairs to damaged electrical equipment in the western region of Lviv were underway.

Russian forces launched five drones to attack the Lviv region that borders NATO member Poland, injuring two men, according to Lviv regional governor Maksym Kozytskyi.

Kozytskyi said on Telegram that all five drones were destroyed by Ukraine's air defense systems. The damage and injury were caused by falling debris.

The drone attack in the village of Malekhiv in the Lviv city district damaged a multi-storey residential building, in addition to scores of windows in other residential buildings, Lviv Mayor Andriy Sadovyi wrote on Telegram.

The attack also damaged a veterinary drugs research institute in Lviv, Sadovyi said.

Ukraine's air force said it destroyed 19 out of 21 drones launched by Russia over six Ukrainian regions.

Reuters could not independently verify the reports. There was no immediate comment from Russia. Both sides deny targeting civilians in the war, that Russia launched against its smaller neighbor in February 2022.

Lviv city is the administrative center of the Lviv region.



Adidas Holds Back on Profit Upgrade Due to Tariff Uncertainty 

The logo of Adidas is seen on a Gazelle sneaker for sale at a shop in Berlin, Germany, May 2, 2024. (Reuters)
The logo of Adidas is seen on a Gazelle sneaker for sale at a shop in Berlin, Germany, May 2, 2024. (Reuters)
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Adidas Holds Back on Profit Upgrade Due to Tariff Uncertainty 

The logo of Adidas is seen on a Gazelle sneaker for sale at a shop in Berlin, Germany, May 2, 2024. (Reuters)
The logo of Adidas is seen on a Gazelle sneaker for sale at a shop in Berlin, Germany, May 2, 2024. (Reuters)

German sportswear maker Adidas on Tuesday said higher US import tariffs and broader uncertainty around trade were clouding its forecasts and making it difficult to plan.

CEO Bjorn Gulden said the company would have hiked its revenue and profit guidance for 2025 after strong first-quarter results, but tariff uncertainty meant it decided to hold back.

Adidas expects the blanket increase in US tariffs to eventually cause price increases across all its products, but said it was currently impossible to quantify those or to establish the likely impact on US consumer demand, highlighting the paralysis caused by trade uncertainty.

Adidas has already reduced exports of China-made goods to the US to a minimum but is still "somewhat exposed" to much higher US tariffs on Chinese goods, Gulden said, though it is unclear how long those might remain at the current level.

"Given the uncertainty around the negotiations between the US and the different exporting countries, we do not know what the final tariffs will be. Therefore, we cannot make any 'final' decisions on what to do," Gulden said.

Unexpectedly high US tariffs on Southeast Asian countries such as Vietnam and Indonesia, announced at the start of this month, but paused until July, blindsided sportswear brands, which make most of their sneakers and clothing there.

As tariffs raise the cost of doing business, Adidas said it would strive to ensure US retail partners and consumers get product "at the best possible price", adding it would try to compensate for uncertainty in the US by boosting its performance in the rest of the world.

First-quarter sales rose 14% in Europe and 13% in Greater China and were up 26% in Latin America. Sales in North America increased just 3%, which Adidas said was due to the phase-out of its Yeezy sneaker line.

While sticking to its full-year guidance, Adidas said uncertainties "could put negative pressure on this later in the year".