IBT Staff Reporter

Heatwave grips Spain as UK readies for soaring temperatures

EU companies hurt by sanctions imposed on Russia over Ukraine may see a 25% rise in state aid to 500,000 euros ($504,050) to help them cope with the invasion's impact and resulting energy crunch, a European Commission document seen by Reuters showed.

Private equity firm BC Partners Ltd is exploring a sale of Presidio Inc, which could value the U.S.

Steps away from a cluster of Palestinian tents and shacks in the northern Jordan Valley in the occupied West Bank, trucks worked in full force to prepare for the construction of a school for Israeli settlers.

Steps away from a cluster of Palestinian tents and shacks in the northern Jordan Valley in the occupied West Bank, trucks were working in full force to prepare for the construction of a school for Israeli settlers.

The Canadian government on Monday ordered a probe and demanded telecoms companies agree within 60 days to develop communication protocols to keep people better informed, after Rogers Communications Inc suffered an unprecedented outage.

Shares of Rogers Communications Inc and takeover target Shaw Communications fell on Monday as analysts voiced concerns over increased risk to the C$20 billion ($15.4 billion) deal following last week's 19-hour Rogers outage.

Twitter stock sinks as Musk mocks lawsuit threat

Webb telescope reveals deepest image of early universe

Autopsy in Spain for ex-Angola leader amid foul play claims

Torrential rains caused widespread flooding and damage in Pakistan's financial capital Karachi on Monday, even inundating the business district, officials said.

After months stuck at home unable to provide for his family, Malian truck driver Ibrahima Sangare is delighted to be back on the road after the lifting of regional economic sanctions let him resume long-distance drives to ports in Ivory Coast.

Western energy majors will cut output and lose billions of dollars if Russia, as is feared, suspends a pipeline that is almost the only export route for oil from land-locked Kazakhstan, company sources, traders and analysts say.

Promises of tax cuts from candidates to succeed British Prime Minister Boris Johnson pose another inflationary risk which could pressure the Bank of England to raise interest rates more aggressively, cancelling out any potential boost to the economy.

Chad's official creditor committee will meet this week amid growing pressure from the International Monetary Fund and others for progress on the country's request for debt restructuring, two sources briefed on the matter said.

Argentina's new economy minister Silvina Batakis said on Monday she would target cutting the country's high fiscal deficit, pledging "order and balance" in a bid to tame spiraling inflation, tumbling markets and growing pressure on the peso.

Argentina's new economy minister Silvina Batakis said on Monday she would target cutting the country's high fiscal deficit, pledging "order and balance" in a bid to tame spiraling inflation, tumbling markets and growing pressure on the peso.

Argentina's new economy minister Silvina Batakis announced a series of measures aimed at cutting the country's high fiscal deficit on Monday, pledging "order and balance" in a bid to tame spiraling inflation, tumbling markets and pressure on the peso.

Low-cost carrier Frontier Group Holdings Inc has declined to further raise its bid for takeover target Spirit Airlines Inc, potentially drawing curtains on its months-long bidding war with JetBlue Airways Corp.

What is the value of a river?Is it for the nutritional content of the fish it sustains? The economic benefit of the local livelihoods it supports? Or does the river have its own value which humans cannot measure?

The Fed is nowhere near taking a victory lap on inflation, but some signals from the bond market suggest that day may not be quite as distant as policymakers had anticipated.

U.S. stock indexes fell on Monday, with the earnings season set to kick off in earnest this week amid concerns of weaker corporate profit due to the impact of surging inflation.

U.S. stock indexes slid on Monday, with the earnings season set to kick off in earnest this week amid concerns of weaker corporate profit due to the impact of surging inflation.

U.S. stock indexes were headed for a lower open on Monday as investors braced for the start of the earnings season, which could see profits come under pressure at a time of growing fears of an economic downturn due to aggressive interest rate hikes.

Chile's tumbling currency and runaway inflation are testing the Andean copper giant's economic and financial systems, and complicating President Gabriel Boric's plans to push through a tax reform bill to fund ambitious social programs.

U.S. President Joe Biden will meet his Mexican counterpart on Tuesday to discuss ways to stem Mexican migrant crossings as arrests at the U.S.-Mexico border reached their highest levels in over a decade, with both sides hoping to address jobs and investment.

Macron under pressure over Uber links

Police are hunting for five attackers who burst into a bar in Soweto, South Africa and killed 15 customers in a hail of at least 137 bullets over the weekend, the police minister said on Monday.

Kyiv warns Russia will step up Donbas fight