BUSINESS

Amazon.com said that from Thursday it will stop supplying retailers in China with its Kindle e-readers and will shut its Kindle e-bookstore in the country next year, the in latest pullback by a U.S.

Amazon.com said it will stop supplying retailers in China with its Kindle e-readers from Thursday and will shut its Kindle e-bookstore there next year, in the latest pullback by a U.S.

Saudi Arabia and other OPEC states may boost oil production to offset a drop in Russian output, a move that could ease sky-high oil prices and surging inflation and may also pave the way for an ice-breaking visit to Riyadh by U.S.

Glencore is likely to reject a $3.60 per share Chinese offer for its minority stake in coal producer Yancoal Australia Ltd as too low, two sources with knowledge of the matter said.

Bearish bets on Asian currencies reduced on signs that China's economic pain may abate with easing of COVID-19 curbs, but analysts were still wary of future lockdowns and the direction of U.S.

Ukrainian musicians channel patriotism, anger into war anthems

India is considering whether to set up an appeals panel with the power to reverse the content moderation decisions of social media firms, the information technology ministry said, in what would be the first such move of its kind worldwide.

South Korean ruling party wins landslide in local elections

Banks in China are urging regulators to relax rigid documentation rules as companies there have not been able to fulfill them due to COVID-19 lockdowns, forcing the lenders to halt services such as loan disbursements, sources said.

In Iraq, centuries-old black community still on the margins

Fashion giant Zara's owner Inditex is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than rivals without damaging its sales, analysts said.

Australia is poised for a third year of near-record wheat production in 2022 as good weather boosts planting across its grain belt, easing concerns over tight global inventories.

The 'predatory' global economy of looted antiquities

Oil price rises even as OPEC boosts output more than expected

Paraguay police quiz vehicle owner in case of missing German girls

OPEC debates oil output boost amid Russian isolation

Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said.

Partner concerned for health of journalist detained in China

World shares were largely steady on Thursday after recent weakness as bets Saudi Arabia may boost crude production cooled down oil prices, helping balance concerns over surging inflation and monetary policy tightening.

Russia is heavily reliant on imports of everything from manufacturing equipment to consumer goods, and economists believe the worst effects of the sanctions are still to come.

The U.S. dollar eased across the board on Thursday, ceding some of the ground gained in recent sessions as firmer risk sentiment prompted investors to reach for higher-yielding currencies.

The U.S. dollar fell across the board on Thursday, ceding ground gained in recent sessions as firmer risk sentiment prompted investors to reach for higher-yielding currencies.

The dollar hit a three-week high against the yen in early trade on Thursday and held its gains against other majors, supported by this week's advances in U.S.

The dollar hit a three-week high against the yen in early trade on Thursday and was holding firm against other majors, supported by rising U.S.

Bread factory holds tough as Ukraine hopes for recovery

Meta Platforms veteran Javier Olivan is taking over as the company's chief operating officer after playing a crucial but largely behind-the-scenes role stoking the social media company's explosive growth for 15 years.

Battered emerging market currencies will struggle to hold on to recent gains towards year-end as U.S.

Oil rose more than 1% on Thursday after U.S. crude inventories fell more than expected amid high demand for fuel, shrugging off OPEC+'s agreement to boost crude output to compensate for a drop in Russian production.

Oil prices were little changed after erasing early losses on Thursday after OPEC+ agreed to boost crude output to compensate for a drop in Russian production.