• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
EuropeRussia
Europe

Ukraine targets St. Petersburg after Putin refuses talks

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
June 6, 2026, 11:34 AM ET
Cars are seen parked near banners with branding for the St. Petersburg International Economic Forum (SPIEF) at the forum's venue as black smoke rises in distance in Saint Petersburg on June 3, 2026.
Cars are seen parked near banners with branding for the St. Petersburg International Economic Forum (SPIEF) at the forum's venue as black smoke rises in distance in Saint Petersburg on June 3, 2026. AFP via Getty Images
Add Fortune on Google for similar content.

Ukraine launched a drone barrage at St. Petersburg on Saturday, the final day of a major investment forum, hours after President Vladimir Putin spoke there and refused a proposal for talks with Kyiv.  

Recommended Video

The strikes on the city and the surrounding region set a defense ministry facility ablaze and disrupted operations at Russia’s second-largest commercial airport for several hours. 

Russian air defense shot down 144 drones over the Leningrad region, Governor Alexander Drozdenko said in post on Telegram, describing it as an unprecedented assault. A fire broke out at a defense ministry site in the Lomonosovsky district, prompting a partial evacuation of nearby residents. 

Kronstadt, the naval base on Kotlin Island, west of the city, was briefly closed to traffic, the district administration said.

Read more: Putin Rejects Zelenskyy Call for Peace Talks

Ukrainian President Volodymyr Zelenskyy confirmed strikes on St. Petersburg region and said they were targeting the Russian navy’s arsenals as well as Kronstadt. An oil depot in the Krasnodar region of southern Russia was also struck, Zelenskyy said on social media. 

Explosions were recorded at Kronstadt naval base, a hub for the basing, repair and support of Russia’s Baltic Fleet, Ukraine’s General Staff said in a statement on Facebook. The Petergofskaya oil depot and Neste oil terminal in the city of Lomonosov in the Leningrad region were hit, as well as a logistics support center in Bolshaya Izhora. 

Separately, Russian authorities reported that the area affected by a fire at the Ust-Labinsk oil depot in the Krasnodar region of southern Russia is about 5,000 square meters (54,000 sq feet). 

Leningrad region is a key commodities export hub in northwestern Russia that has been repeatedly targeted by Ukraine this year, including attacks that damaged energy export terminals. No damage to ports or export infrastructure was reported from Saturday’s attack so far.

Speaking Friday at the St. Petersburg International Economic Forum, Putin rejected Zelenskyy’s call to meet and negotiate an end to the war in Ukraine, now well into its fifth year. 

“I see no sense” in holding a meeting with Zelenskyy, Putin said. 

The forum, the Kremlin’s premier economic and investment event, was overshadowed earlier in the week when Ukrainian long-range drones struck a St. Petersburg oil terminal — the latest barrage deep into Russia territory. The Kronstadt base was also targeted at that time. 

Read more: St. Petersburg Faces Drone Attack as Putin’s Forum Starts 

Russia, meanwhile, kept up its own attacks on Ukraine. At least 12 civilians were killed and over 70 injured across the nation over the past day, regional authorities said on Saturday. 

Six people were killed in the Donetsk region, Governor Vadym Filashkin said in post on Telegram. Another six people were killed and 27 others were injured in Kherson region, according to Governor Oleksandr Prokudin.

About the Author
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Europe

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Europe

heat
EnvironmentHeat
America’s getting a heat dome for July 4th — it won’t kill you at 2pm but might at 2am
By Alexa St. John and The Associated PressJune 30, 2026
5 hours ago
swiss
EuropeHeat
It’s so hot in Switzerland that yodelers are standing in fountains
By Jez Fielder and The Associated PressJune 30, 2026
5 hours ago
Mark Zuckerberg, CEO of Meta
EconomyMarkets
AI stocks are in an ‘air pocket’ and Meta and Microsoft are being traded like ‘bear market names that cannot be owned,’ top analyst says
By Jim EdwardsJune 30, 2026
7 hours ago
ac
Commentaryclimate change
Top climate tech exec: Europe is sweating through a heat crisis America solved decades ago
By Taco EngelaarJune 30, 2026
11 hours ago
surman
CommentaryMozilla
Mozilla President: meet the open source ‘rebel alliance’ that could break Big Tech’s grip on AI
By Mark SurmanJune 29, 2026
1 day ago
Putin admits Russia is ‘going through a difficult period’ as relentless Ukrainian drone attacks cut off fuel supplies
EnergyRussia
Putin admits Russia is ‘going through a difficult period’ as relentless Ukrainian drone attacks cut off fuel supplies
By The Associated PressJune 28, 2026
2 days ago

Most Popular

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
5 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
3 days ago
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
AI
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
By Catherina GioinoJune 29, 2026
20 hours ago
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
Environment
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
By Catherina GioinoJune 28, 2026
2 days ago
Current price of oil as of June 29, 2026
Personal Finance
Current price of oil as of June 29, 2026
By Joseph HostetlerJune 29, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.