Europe stocks sink, oil rebounds as peace talks stall
Global share markets slid on Thursday as inflation in the United States hit almost 8%, likely cementing the case for an interest rate hike by the U.S.
Joe Biden's perilous oil diplomacy
Resource-poor Japan depends overwhelmingly on fossil-fuel imports to meet its energy needs, complicating calls for the nation to boycott Russia's oil and liquefied natural gas (LNG) after Moscow's invasion of Ukraine.
Sri Lanka is beginning to feel the pain from China's debt trap, which will take it to a place it doesn't want to be: knocking on the International Monetary Fund's door.
The euro retreated from its overnight gains on Thursday following the European Central Bank's announcement it will phase out its stimulus in the third quarter, while the dollar strengthened after a strong U.S.
The euro retreated from its overnight gains on Thursday following the European Central Bank's announcement it will phase out its stimulus in the third quarter, while the dollar strengthened after a strong U.S.
The euro on Thursday added to its overnight biggest daily jump since 2016 after the European Central Bank said it would phase out its stimulus package in the third quarter and left the door open to an interest rate hike before the end of 2022.
The euro held most of its overnight gains on Thursday, having posted its steepest daily jump in nearly six years after a meeting between Ukraine's and Russia's foreign ministers and easing oil prices took some of the recent panic out of markets.
The euro shed some of its overnight gains on Thursday after its steepest daily jump since 2016 as traders waited for a European Central Bank meeting and a European Union summit to shed light on the bloc's policy response to Russia's invasion of Ukraine.
The euro held most of its overnight gains on Thursday, having posted its steepest daily jump in nearly six years after a meeting between Ukraine's and Russia's foreign ministers and easing oil prices took some of the recent panic out of markets.
The top shareholder in Toshiba Corp and two influential proxy advisory firms joined a growing list of investors on Thursday who oppose the Japanese firm's plan to split up and dismantle the 146-year-old conglomerate.
The top shareholder in Toshiba Corp and an influential proxy advisory firm added to a growing list of investors on Thursday who oppose the Japanese firm's plan to split up and dismantle the 146-year-old conglomerate.
Influential proxy advisory firm Institutional Shareholder Services (ISS) has advised against Toshiba Corp's break-up plan to be put to a vote on March 24, the Nikkei business daily reported on Thursday.
There have been three reports of second-degree burns.
Soaring energy and food prices triggered by Russia's invasion of Ukraine could exacerbate existing food security concerns in the Middle East and Africa, and may fuel growing social unrest, World Bank chief economist Carmen Reinhart said.
Tinder lets users run background checks before dates
Rio Tinto on Thursday became the first major mining company to announce it was cutting all ties with Russian businesses, joining a raft of leading Western companies in a pullout following Moscow's invasion of Ukraine.
Disney CEO says that the company does not agree with the "Don't Say Gay" bill.
Oil prices gave up gains to trade lower on Thursday after its biggest plunge in two years in the previous session, as traders debated if the market's supply disruption concerns were overdone after Russia pledged to fulfil contractual obligations.
Oil prices bounced on Thursday from a sharp drop in the previous session after the United Arab Emirates backtracked on statements saying that OPEC and its allies might increase output to help to plug the gap in exports from Russia.
The Federal Aviation Administration (FAA) said on Wednesday it is finalizing three safety directives for some grounded Boeing 777 planes with Pratt & Whitney 4000 engines that will allow them to return to service.
Brazilian planemaker Embraer SA on Wednesday reported net profit of 11.1 million reais ($2.1 million) in the fourth quarter, up from a 7.7 million reais net loss a year earlier.
Meatless burger maker Impossible Foods sued competitor Motif Foodworks on Wednesday, accusing the startup of copying its technology for imitating the taste of real meat.
Volkswagen will soon release an electric version of its classic Volkswagen Bus.
The European Central Bank is likely to make as few policy commitments as possible on Thursday as the shock of Russia's invasion of Ukraine up-ends its expectations for the economy and leaves policymakers grappling with new realities.
Brazil stars protest Bolsonaro environmental policy
A joint venture between Chevron Corp and Phillips 66 has agreed to spend $118 million to upgrade and clean up three of its petrochemical plants on the Gulf Coast and pay a $3.4 million civil penalty as part of a settlement for violating federal air quality rules, the U.S.
A joint venture between Chevron Corp and Phillips 66 has agreed to spend $118 million to upgrade and clean up three of its petrochemical plants on the Gulf Coast and pay a $3.4 million civil penalty as part of a settlement for violating federal air quality rules, the U.S.
Auto industry companies need to take into account their communities and workers through greater environmental protections and higher pay in the transition to electric vehicles, a panel of investors, labor officials and human rights activists said on Wednesday.
