The co-sponsors of new bipartisan U.S. sanctions package targeting Russia have briefed European allies and Ukraine on the legislation.

Italy said on Thursday that firms that have helped Russia fund its war on Ukraine by doing business with the country should be excluded from profiting from Ukraine's reconstruction.

It was attended by political leaders including the war-torn nation's President Volodymyr Zelensky. Read more at straitstimes.com. Read more at straitstimes.com.

European leaders urged private business and equity on Thursday to invest in rebuilding Ukraine now, even as Russia accelerates its war, as they opened an annual recovery conference with announcements of a new equity fund and public-private partnerships amid uncertainties of the U.

ROME (Reuters) -Participants in a Rome conference on the economic recovery of Ukraine have pledged over 10 billion euros ($11.7 billion) to help the war-torn country, Italian Prime Minister Giorgia Meloni said on Thursday.

Angela Rayner, UK's Deputy Prime Minister, is set to finalize a deal to supply over 5,000 air defence missiles to Ukraine. This agreement, initially announced by Prime Minister Keir Starmer, will be signed at the Ukraine Recovery Conference in Rome.

ROME (Reuters) -Ukrainian President Volodymyr Zelenskiy said on Wednesday he had held a "substantive" conversation with U.S. President Donald Trump's Ukraine envoy, Keith Kellogg, in Rome shortly after Trump pledged to send more defensive weapons to Kyiv.

Countries prepared to provide troops for a future stabilization force in Ukraine have agreed to set up a headquarters in Paris to facilitate a rapid deployment after the war ends.