BUSINESS

European shares fell on Monday, dragged lower by economy-sensitive stocks, as concerns over an energy supply crunch and fresh COVID-19 cases in China hurt risk appetite and heightened worries about a recession.

African countries' debts with China are a third of what they owe non-Chinese private lenders, while interest rates are just over half, according to a report published on Monday amid a debate about the role of the world's largest bilateral creditor.

Unification Church says Abe shooting suspect's mother is member

Europe's Airbus has revised up its forecast for jet deliveries over the next 20 years as soaring fuel bills prompt airlines to seek new, more fuel-efficient planes.

Wizz Air expects to have to cut flights this summer due to labour shortages and strikes at European airports, the budget airline said on Monday, sending its shares down around 5%.

In the race to go electric, carmakers have focused on range to ease consumer anxiety over charging infrastructure, but battery makers are already working on the smaller, longer-lasting and cheaper batteries of the future, which also charge more quickly.

Europe frets over reduced Russia gas supplies

If shipping is the beating heart of global trade, its pulse is about to get slower.

The bond market is pricing in a sharp deceleration in inflation over the next year, as aggressive tightening by the Federal Reserve to counter the steepest surge in prices in a generation ramps up recession concerns.

Macau lockdown begins, Hong Kong mulls health code app

Former Japan PM Abe mourned at wake as US hails 'man of vision'

Oil prices fell in volatile trade on Monday, reversing most of the previous session's gains as markets braced for an expected drop in demand because of mass testing for COVID-19 in China, which outweighed ongoing concern over tight supply.

Oil prices fell on Monday in volatile trade, reversing some gains from the previous session as markets braced for new mass COVID testing in China potentially hitting demand, a concern that outweighed ongoing concerns about tight supply.

The euro tumbled towards parity versus the dollar on Monday as the biggest single pipeline carrying Russian gas to Germany entered annual maintenance, with flows expected to stop for 10 days.

The dollar climbed to a 24-year high on the yen on Monday after Japan's ruling conservative coalition's strong election showing indicated no change to loose monetary policies, and global growth fears helped the safe-haven dollar more broadly.

Reaching out without walking back? Biden begins delicate Saudi trip

James Webb Space Telescope opens its eyes on the Universe

World equities and U.S. bond yields fell on Monday as investors braced for a U.S.

South Korea's central bank will deliver its first-ever 50 basis point rate rise to 2.25% on Wednesday, turning up the heat on a rate-hiking campaign as inflation tops a 24-year high and has yet to peak, a Reuters poll showed on Monday.

IMF Managing Director Kristalina Georgieva is pushing China and other Group of 20 economies to speed up debt relief for a growing number of heavily indebted countries, warning that failure to do so could unleash a damaging "downward spiral."

Some states saw soaring prices but are now seeing a significant dip.

The biggest single pipeline carrying Russian gas to Germany began annual maintenance on Monday, with flows expected to stop for 10 days, but governments, markets and companies are worried the shutdown might be extended because of the war in Ukraine.

The biggest single pipeline carrying Russian gas to Germany started annual maintenance on Monday, with flows expected to stop for 10 days, but governments, markets and companies are worried the shutdown might be extended due to war in Ukraine.

Uber issued a statement after a report detailed laws and regulations broken by the company around the world to advance its business.

French opposition denounces Uber-Macron 'secret deal'

Mobilizing the auto manufacturing industry to further embrace EV development will bring tactical and operational advantages for the U.S. military on a changing battlefield.

New Zealand's central bank is expected to deliver this week a third straight half-point rate hike in its most aggressive policy tightening in over two decades, but growing signs of a potentially sharp economic downturn may temper the hawkish dash.

Leaked Uber docs reveal bare-knuckle expansion tactics: investigation

Crypto is not immune to cybercrime, and imust be controlled before society at large accepts the new currency and its positive benefits can scale.