IBT Staff Reporter

Democrats in the U.S. Senate said on Tuesday they were encouraged by talks with Republicans on gun-violence legislation, but warned that any compromise would fall short of the steps they say are needed to tackle the problem.

Israel mainly to blame for conflict: UN report

Kraft Heinz Co aims to double the pace of its sales growth in Latin America, making the region its second-largest global market within the next five years, the top regional executive of the packaged food maker told Reuters.

Leaders of India's Hindu nationalist ruling party on Tuesday instructed officials to be "extremely cautious" when talking about religion on public platforms after derogatory remarks about the Prophet Mohammad drew protests from Islamic nations.

An independent commission of inquiry set up by the U.N.

UK's wounded Johnson fights on despite Tory revolt

U.S. Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation to remain high and the Biden administration would likely increase the 4.7% inflation forecast for this year in its budget proposal.

The United States faces "unacceptable levels of inflation" Treasury Secretary Janet Yellen told senators on Tuesday, adding that it was likely to remain high but that she hoped price increases would soon moderate.

The United States faces "unacceptable levels of inflation" and an appropriate budgetary stance is needed to help dampen inflationary pressures without undermining the economy, U.S.

The World Bank on Tuesday slashed its global growth forecast by nearly a third to 2.9% for 2022, warning that Russia's invasion of Ukraine has compounded the damage from the COVID-19 pandemic, and many countries now faced recession.

Pakistan will reduce its official work week to five days from six in a bid to reduce energy and fuel consumption as part of an energy conservation plan approved by the country's cabinet on Tuesday, the information minister said.

Dustin Johnson quits PGA Tour to play in Saudi-funded breakaway series

Indonesia Trade Minister Muhammad Lutfi said on Tuesday the government would bring down its combined maximum crude palm oil export and levy rate to $488 per tonne from $575 per tonne to encourage shipments.

Kering will outline plans to reinvigorate sales at its star label Gucci this week, throwing the spotlight on its approach in China - a key growth driver for leading luxury houses that has been hit by its new COVID lockdowns.

Bluebird bio's blood disorder treatment demonstrates "clinically meaningful" benefit in patients, staff reviewers at the U.S.

Britain will begin live testing of crypto blockchain technology for traditional market activities such as trading and settlement of stocks and bonds next year as part of a drive to become a global "crypto hub", the finance ministry said on Tuesday.

The Vatican on Tuesday unveiled a committee to oversee the ethics of its investments, even as a corruption trial related to a botched London real estate deal in which it lost more than 200 millions euros continued.

EU agrees single charger standard, in blow to Apple

A Toshiba Corp external director on Tuesday rejected criticism that having two shareholder representatives would skew the board, as boardroom tensions at the troubled conglomerate erupted into a public row over a slate of director candidates.

Following weeks of violence in different parts of Israel and the West Bank, Israeli nationalists have targeted the red, green, black and white Palestinian colours in an escalating "flag war" that underscores a struggle over status and identity.

Relocating euro clearing from London to the European Union must be "market-led" rather than mandatory, with the shift already well underway, the head of Eurex Clearing said on Tuesday.

Militiamen killed 12 people in a night raid on a village in eastern Democratic Republic of Congo near the shore of Lake Albert, a local human rights group said on Tuesday.

Target Corp on Tuesday cut its quarterly profit margin forecast issued just weeks earlier, and said it would have to offer deeper discounts to clear inventory as decades-high inflation takes a toll on demand.

Advisers to the U.S. Food and Drug Administration on Tuesday voted overwhelmingly to recommend that the agency authorize Novavax Inc's COVID-19 vaccine for use in adults, which the drugmaker hopes can become the shot of choice among some American vaccine skeptics.

Advisers to the U.S. Food and Drug Administration on Tuesday will vote on whether to recommend authorizing Novavax Inc's COVID-19 vaccine, which the drugmaker hopes can become the shot of choice among some American vaccine skeptics.

Advisers to the U.S. Food and Drug Administration on Tuesday will consider whether to recommend Novavax Inc's COVID-19 vaccine for adults, which the drugmaker hopes can become the shot of choice among some American vaccine skeptics.

Police violence in spotlight as French parliament vote looms

The U.S. Treasury on Tuesday announced the first state awards from a $10 billion COVID-19 aid program aimed at boosting broadband internet access in underserved communities, funding $583 million worth of projects in Virginia, West Virginia, Louisiana and New Hampshire.

U.S. stock indexes slipped in choppy trading on Tuesday as investors digested Target Corp's gloomy margin forecast that spooked the retail sector, while awaiting inflation data due later this week.