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Ukrainian forces begin ‘shaping’ battlefield for counteroffensive, senior US officials say

Shaping operations are standard military practice prior to an offensive and involve striking weapons systems, command and control, ammunition depots and other targets to prepare the battlefield for planned advances. The US believes the Ukrainian counteroffensive, which has long been anticipated, will include a combination of air and ground operations. Ukraine indicated Monday morning that […]

China-US audit deal could avert mass stock delistings

The Public Company Accounting Oversight Board (PCAOB) said it was the most detailed and prescriptive agreement the regulator has ever reached with China. US regulators have for long been demanding access to audit papers of Chinese companies listed in the United States, but Beijing has been reluctant to let overseas regulators inspect accounting firms, citing […]

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