IBT Staff Reporter

Another sweltering hot day loomed on Wednesday for the middle third of the United States, where dangerously high temperatures were stuck well above normal while officials warned people to stay indoors and hydrated.

Toymaker Lego on Wednesday said it will invest more than $1 billion in a factory in the United States to shorten supply chains and keep up with growing demand for its coloured plastic bricks in one of its biggest markets.

The U.S. government has pushed new, increased funding into three technology companies since the start of the Ukraine conflict to help Russians sidestep censors and access Western media, according to five people familiar with the situation.

Arizona fire captain Kevin Goodman says his company, Escape Armour, exists for one reason: to prevent the loss of even a single child in a school shooting.

A U.N. commission set up to investigate possible war crimes in Ukraine during the Russian invasion said on Wednesday it had not yet not managed to establish contact with Russia.

Russia on Wednesday said it has offered "safe passage" for Ukraine grain shipments from Black Sea ports but is not responsible for establishing the corridors and Turkey suggested that ships could be guided around sea mines.

In the tunnels of Azovstal, traces of Ukraine's resistance

Saudi pro-government commentators are gloating over U.S.

Tax cuts are likely to cost over 110 billion reais ($21.5 billion) in Brazilian tax revenue this year, as President Jair Bolsonaro tries to ease inflation and spur the economy in an election year despite economists' warnings of blowback in 2023.

Wall Street's main indexes rose on gains in beaten-down growth and financial stocks on Wednesday even as investors braced for a bigger interest rate hike by the Federal Reserve to tame persistently high inflation.

Wall Street's main indexes climbed more than 1% on Wednesday, boosted by gains in beaten-down growth and financial stocks, with investors waiting to see how high the Federal Reserve would raise interest rates at its policy meeting to quell inflation.

Countries haggle through the night to salvage WTO deals

How did a Europe court halt Britain's Rwanda deportation flight?

Advisers to the U.S Food and Drug Administration on Wednesday unanimously recommended the agency authorize COVID-19 vaccines from Moderna Inc and Pfizer Inc/BioNTech SE for millions of the youngest American children.

IKEA said on Wednesday it would sell factories, close offices and reduce its 15,000-strong workforce in Russia, the latest move by the world's biggest furniture brand to cut its operations there following Moscow's invasion of Ukraine.

The World Health Organisation is looking into reports that the monkeypox virus is present in the semen of patients, exploring the possibility that the disease could be sexually transmitted, a WHO official said on Wednesday.

EU takes legal action against UK for breaching N.Ireland agreement

Japanese Prime Minister Fumio Kishida said on Wednesday he expected the Bank of Japan (BOJ) to stick to a 2% inflation target, when asked about a possibility the central bank may adjust its massive stimulus to stem the yen weakening.

The Federal Reserve on Wednesday approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation that U.S.

The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday to stem a disruptive surge in inflation, and projected a slowing economy and rising unemployment in the months to come.

The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday to stem a disruptive surge in inflation, and projected a slowing economy and rising unemployment in the months to come.

France claims capture of senior IS figure in Mali

The Bank of Japan's resolve to defend its yield cap faces attack from investors betting the central bank could give in to global market forces, opening up a slim chance for a near-term tweak in its policy.

No way around BTS break as military service looms: analysts

For decades, Japan's powerful automakers had a playbook to deal with deflation: press suppliers for lower prices on everything from seat belts to wire harnesses and promise volume.

With prices surging, 24-year-old Noemi Turi presented her employer in Budapest with a pay request 16% above what she considered acceptable just a few months ago as double-digit inflation across East Europe fuels wage demands.

Manulife Financial's Asia unit is on track to account for half of the Canadian insurer's core earnings by 2025 despite economic slowdowns and impact of COVID-19 to its key markets, the newly appointed regional chief executive told Reuters.

U.S. President Joe Biden, under pressure over sky-high gasoline prices, on Wednesday demanded oil refining companies explain why they are not putting more fuel on the market as they reap windfall profits.

U.S. President Joe Biden on Wednesday demanded oil refining companies explain why they are not putting more gasoline on the market as they reap windfall profits, sharply escalating his rhetoric against industry as he faces pressure over rising prices.