IBT Staff Reporter

Four senior executives at Vietnam's VinFast have left the electric vehicle startup as it prepares to launch its first overseas model and roll out a network of showrooms in the United States and Europe, the company said.

Police in northern India fired shots in the air on Thursday to push back stone-throwing crowds and authorities shut off mobile internet in at least one district to forestall further chaos, as protests widened against a new military recruitment system.

Angry crowds in India set an office of the country's ruling party on fire, attacked railway infrastructure and blocked roads on Thursday, in widening protests against a new military recruitment system, police officials said.

Crowds in India set a train coach on fire and blocked railway tracks and roads in protests on Thursday against a new military recruitment system, police said.

WTO strikes landmark deals package after marathon talks

Electric and hybrid models should make up 80% of Ferrari's sales by 2030, the luxury carmaker told investors on Thursday, vowing to produce "even more unique" cars as it leans on partners to make the costly shift to zero-emission driving.

Electric and hybrid models should make up 80% of Ferrari's sales by 2030, the luxury carmaker told investors on Thursday, vowing to produce "even more unique" cars as it makes the expensive shift to zero-emission driving.

Electric and hybrid models should make up 80% of Ferrari's sales by 2030, the luxury carmaker told investors on Thursday, vowing to produce "even more unique" cars as it makes the expensive shift to zero-emission models.

Luxury sportscar maker Ferrari will always produce one car less than wealthy customers want to preserve its uniqueness as it shifts to electric models, Chief Executive Benedetto Vigna said on Thursday as he unveiled the company's new business plan.

Barclays Head of Macro Trading for EMEA and Asia Pacific, Nat Tyce, is leaving after more than 25 years, a staff memo seen by Reuters shows, after transforming the trading unit into one of the bank's highest-flying divisions.

The Swiss National Bank raised its policy interest rate for the first time in 15 years in a surprise move on Thursday and said it was ready to hike further, joining other central banks in tightening monetary policy to fight resurgent inflation.

The Swiss National Bank raised its policy interest rate for the first time in 15 years in a surprise move on Thursday and said it was ready to hike further, joining other central banks in tightening monetary policy to fight resurgent inflation.

European stocks tumbled to their lowest levels in 16 months on Thursday after policy tightening in Britain and Switzerland fuelled fresh worries about the impact of inflation on the global economy.

Dublin celebrates 'Bloomsday' as Joyce's 'Ulysses' hits 100

New Australian Foreign Minister Penny Wong said on Thursday that her visit to the Solomon Islands this week as well as trips to other countries in the region were due to her belief that Australia had ground to make up on the issue of climate change.

Boeing Co has, for the moment, sidestepped one particular supply chain snag that curbed 737 MAX output and deliveries last month, and is working to stabilize production at its targeted monthly rate, an executive said on Wednesday.

Spanish homeowners, fearing a return to the turmoil that nearly bankrupted their country a decade ago, are rushing to shield themselves from rising prices and runaway borrowing costs by striking new mortgage deals that lock in repayment rates.

A markets sell-off has brought back memories of the euro zone debt crisis more than a decade ago, highlighting divisions that have plagued the currency bloc's efforts to forge a closer bond.

Former VTB banker Riccardo Orcel has taken a new role as chairman of London-based agricultural trader Quanton Commodities as he seeks to revamp his career after more than a decade at Russia's second-largest lender.

Major members of the World Trade Organization reached an initial deal on Thursday, winning over India which said it was confident more global accords could be achieved as negotiations on fishing, vaccines and food security entered their final hours.

Negotiations at the World Trade Organization aimed at clinching deals on food security, fishing and vaccines entered their final hours on Thursday after all-night talks, with some trade sources hopeful that efforts to circumvent Indian opposition would succeed.

All-night negotiations at the World Trade Organization aimed at clinching deals on food security, fishing and vaccines paused around dawn on Thursday with no immediate sign that efforts to overcome Indian opposition had succeeded.

South Korea's economy will grow at its slowest pace in three years in 2022 as the world faces supply bottlenecks, surging inflation and rapidly rising interest rates, the finance ministry said on Thursday.

South Korea's economy will grow at its slowest pace in three years in 2022, as the world faces supply bottlenecks, surging inflation and rapidly rising interest rates, the finance ministry said on Thursday.

Cosmetics maker Revlon Inc has filed for bankruptcy, falling victim to global supply chain disruptions that pushed up raw material costs and prompted vendors to demand upfront payments.

Revlon Inc has filed for bankruptcy after the U.S cosmetics firm buckled under debts it built up in a bid to compete with online-focused upstarts.

Revlon Inc has filed for bankruptcy after the U.S cosmetics firm buckled under debts it built up in efforts to compete with online-focused upstarts.

Revlon Inc has filed for bankruptcy after the U.S cosmetics firm buckled under debts it built up in efforts to compete with online-focused upstarts.

Investors' faith in a soft landing for the U.S. economy is being heavily tested, as a jumbo-sized interest rate hike from the Federal Reserve stirs worries over recession and more volatile trading ahead.