IBT Staff Reporter

Authorities in China's capital Beijing raced on Monday to contain a COVID-19 outbreak traced to a 24-hour bar known for cheap liquor and big crowds, with millions facing mandatory testing and thousands under targeted lockdowns.

Authorities in China's capital Beijing on Monday raced to contain a COVID-19 outbreak traced to a raucous 24-hour bar known for cheap liquor and big crowds, with millions facing mandatory testing and thousands under targeted lockdowns.

Ex-PM says Putin 'out of it', Ukraine war could last two years

U.S. oil producers profiting from sky-high prices are doling out billions to shareholders and building cash reserves, a strategy irking lawmakers and voters struggling with record fuel prices while winning over Wall Street.

President Emmanuel Macron could lose his outright majority in France's parliament and the ability to push through his economic reform agenda with a free hand after a strong showing by a new left-wing alliance in the first round of voting.

The trillion-dollar retail investment express is losing steam, dampening the fortunes of British trading platforms that boomed during lockdowns on the back of a meme stocks frenzy.

Fired over Ukraine posts, Russian lecturer fights to keep teaching

Judges in London have thrown out last-ditch bids by human rights groups and campaigners to stop Britain sending its first flight of asylum seekers to Rwanda on Tuesday, a plan the United Nations' refugee chief described as "catastrophic".

London courts began hearing two last-minute legal challenges to block the British government's deportation of asylum seekers to Rwanda as the number of people on the first removal flight on Tuesday fell to 11.

A London court began hearing the first of two last-minute legal challenges to block the British government's policy to deport asylum seekers to Rwanda before the first removal flight scheduled to leave on Tuesday.

London courts will hear two last-minute legal challenges to block the British government's policy to deport asylum seekers to Rwanda before the first removal flight scheduled to leave on Tuesday.

Is it better to engage with Russian President Vladimir Putin over his invasion of Ukraine or to isolate him? Should Kyiv make concessions to end the war

Last-gasp challenge fails against UK's Rwanda asylum plan

Yen slides to 24-year low against dollar

Young South Koreans are buying homes in defiance of sharp rate rises that has once again put the spotlight on a severe housing shortage, complicating President Yoon Suk-yeol's plans to ease a property affordability crisis in Asia's fourth-biggest economy.

BlackRock, the world's biggest asset manager, said on Monday that clients owning nearly half of its $4.9 trillion in equity index assets were now free to control how votes are cast at the annual meetings of the companies in which their funds invest.

A bipartisan group of U.S. lawmakers urged U.S. Trade Representative Katherine Tai to push during World Trade Organization meetings this week for an extension of a moratorium on tariffs on digital trade that has been in place since 1998.

Bitcoin fell as much as 14% on Monday after major U.S.

Bitcoin slumped 14% on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing "extreme" conditions, in the latest sign of the financial market downturn hitting the cryptosphere.

Bitcoin tumbled on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing "extreme" conditions, in the latest sign of the financial market downturn hitting the cryptosphere.

Major U.S. cryptocurrency lending company Celsius Network on Monday froze withdrawals because of "extreme market conditions," in the latest sign of pressure on the sector from tumbling crypto markets.

Russian forces tightened their grip on the eastern Ukrainian city of Sievierodonetsk on Monday, a Ukrainian official said, cutting off the last routes for evacuating citizens in a scene that echoed last month's siege of the port of Mariupol.

Russian forces tightened their grip on the eastern Ukrainian city of Sievierodonetsk and cut off the last routes for evacuating citizens, a Ukrainian official said on Monday - a scene that echoed Moscow's assault on Mariupol last month.

Russian forces pushed into the eastern Ukrainian city of Sievierodonetsk and pounded a zone where hundreds of civilians were sheltering, a Ukrainian official said on Monday - a scene that echoed Moscow's assault on Mariupol last month.

Russian forces swarmed into the eastern Ukrainian city of Sievierodonetsk and pounded a zone where hundreds of civilians were sheltering, a Ukrainian official said on Monday - a scene that mirrored Moscow's assault on Mariupol last month.

Russian troops swarmed into Sievierodonetsk, as their artillery pounded parts of the city where Ukrainian defenders mounted a desperate rearguard action in the fiercest fighting of a wider battle for control over Ukraine's eastern Donbas region.

Ukrainian defenders were fighting fiercely for "every metre" of Sievierodonetsk, President Volodymyr Zelenskiy said, as Russian forces destroyed a bridge to another city across the river, leaving stranded civilians with just one way out.

'Bear' market: Inflation fears pummel global stocks

Thailand's central bank governor said on Monday that delaying rate hikes for too long would not be good for the country as inflation continues to climb, in remarks that prompted economists to predict an imminent rate hike.