IBT Staff Reporter

The euro jumped after the European Central Bank's governing council said it would hold an unscheduled meeting on Wednesday to discuss the recent sell-off in government bond markets, hours ahead of a closely-watched meeting of the U.S Federal Reserve.

The euro jumped after the ECB's governing council said it would hold an emergency meeting on Wednesday to discuss the recent sell-off in government bond markets, briefly distracting traders ahead of a much-watched Fed meeting.

The euro jumped after the ECB's governing council said it would hold an emergency meeting on Wednesday to discuss the recent sell-off in government bond markets, briefly distracting traders ahead of a much-watched Fed meeting.

The dollar held near its overnight 20-year peak on Wednesday ahead of the outcome of the Federal Reserve policy meeting at which markets are pricing in an outsized 75 basis point interest rate hike as policymakers try to rein in rampant inflation.

The dollar held near its overnight 20-year peak on Wednesday ahead of the outcome of the Federal Reserve policy meeting at which markets are pricing in an outsized 75 basis point interest rate hike as policymakers try to rein in rampant inflation.

South Korea's unionised truckers headed back on the roads on Wednesday after the union and the transport ministry reached a tentative late-night agreement, ending a nationwide strike that crippled ports and industrial hubs.

South Korea's unionised truckers headed back on the roads on Wednesday after the union and the transport ministry reached a tentative late-night agreement, ending a nationwide strike that crippled ports and industrial hubs.

South Korea's unionised truckers headed back on the roads on Wednesday after the union and the transport ministry reached a tentative late-night agreement, ending a nationwide strike that crippled ports and industrial hubs.

South Korea's unionised truckers were getting back on the road on Wednesday after the union and the transport ministry reached a tentative late-night agreement, ending a nationwide strike that crippled ports and industrial hubs.

Oil prices were stable on Wednesday as the market juggled fears of tight supply with concerns over fuel demand and global economic growth, ahead of an expected big hike in interest rates by the U.S.

Oil prices fell on Wednesday on concerns about fuel demand and global economic growth before an expected big hike in interest rates by the U.S. Federal Reserve.

Oil prices rose on Wednesday, rebounding from losses earlier in the session amid concerns over fuel demand and the broader economy ahead of an expected big hike in interest rates by the U.S.

Oil prices made gains on Wednesday, rebounding from losses earlier in the session amid concerns over fuel demand and the broader economy ahead of an expected big hike in interest rates by the U.S.

Oil prices dropped on Wednesday on worries over fuel demand ahead of a U.S.

Australia is set to raise the national minimum wage by the most in 16 years as families struggle with soaring living costs, a bold decision that also risks further stoking inflation.

Japan's core machinery orders unexpectedly rose in April, at the fastest pace in 18 months, as business spending remained defiantly robust against higher energy prices and China's COVID-19 lockdowns.

Japan's core machinery orders surged unexpectedly in April, government data showed on Wednesday, as business spending remained robust despite uncertainties such as higher energy prices and China's COVID-19 lockdowns.

Netflix Inc's most-watched series is no longer just a fictitious television show after the streaming service greenlit "its biggest reality competition ever" called "Squid Game: The Challenge."

Emergency crews scrambled on Tuesday to reopen roads and restore utilities in rural communities of Montana and Wyoming cut off by historic floods in the first natural disaster to force a summertime closure of Yellowstone National Park in 30 years.

Emergency crews scrambled on Tuesday to reopen roads and restore utility service in isolated communities of Montana and Wyoming cut off by historic floods that forced the first summertime closure of Yellowstone National Park in more than three decades.

A U.N.-backed campaign to drive faster climate action is toughening the minimum standards for companies pledging to cut greenhouse gas emissions, including a requirement for businesses and banks to curb new fossil fuel projects.

A U.N.-backed campaign to drive faster climate action on Wednesday laid out a tougher set of minimum standards for the growing number of companies looking to pledge their efforts to cut greenhouse gas emissions.

BP plc has agreed to buy a 40.5% stake and become operator of an Australian renewable energy project that could become one of the world's biggest producers of green hydrogen, the global oil major said, without disclosing how much it paid.

Firefighters near Flagstaff, Arizona, battled for a third day on Tuesday to contain a wind-driven wildfire that prompted the evacuation of hundreds of homes and authorities arrested a man suspected of starting the blaze while camping in the area.

Confidence among Japanese manufacturers rose in June and was steady in the services sector as resilient demand helped firms withstand pressure from high raw material prices, a Reuters poll showed, in a sign of a gradual economic recovery.

A growing number of people are selectively avoiding important news stories such as the coronavirus pandemic, Russia's invasion of Ukraine, and the cost-of-living crisis, according to a report released on Tuesday.

Bank of America is rolling out a new cash management tool to U.S.-based clients, it said on Tuesday, in a bid to gain market share in the $300 billion cash management business for multi-national corporations.

'Lightyear' banned in 14 markets after same-sex kiss controversy

Ukraine ignored a Russian ultimatum to surrender the eastern city of Sievierodonetsk on Wednesday as the United States announced more weapons for Kyiv, which warned that arms deliveries were taking too long.