IBT Staff Reporter

U.S. stock indexes fell on Tuesday as elevated Treasury yields hit rate-sensitive growth stocks, while Target Corp's gloomy margin forecast spooked the retail sector.

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.

Germany is ready to ramp up its military mission in Lithuania in response to Russia's invasion of Ukraine, German Chancellor Olaf Scholz said during a visit to Vilnius on Tuesday.

The share of emerging markets with budget and current account deficits of 4% of GDP or more is set to hit a record this year, ratings agency Fitch said Tuesday, as price hikes caused by Russia's war in Ukraine compound the COVID-19 pandemic's impact.

Russia and Syrian government forces have been bolstered in northern Syria where Turkey may soon launch an offensive against Kurdish fighters, Turkish and rebel Syrian officials said, as Ankara prepares for talks with Moscow.

Credit Suisse has appointed Min Huang to lead its asset management business in the Asia Pacific, an internal memo reviewed by Reuters showed on Tuesday.

Italy's economy will grow by 2.8% this year, national statistics bureau ISTAT said on Tuesday, slashing a 4.7% projection made in December as high raw material prices and the war in Ukraine weigh on the outlook.

Demand for pre-construction condominiums across Toronto has started to soften with rising interest rates, but market- watchers say developers are unlikely to cut prices with margins already under pressure, choosing to delay projects instead.

A former member of Donald Trump's cabinet was attempting a return to the U.S.

Polls began closing on Tuesday in midterm primary elections in seven U.S.

New Jersey Republican Tom Kean Jr. took an early lead in the race for his party's nomination on Tuesday to challenge embattled Democratic Representative Tom Malinowski in November, as voters cast ballots in primary elections across seven U.S.

South Dakota Governor Kristi Noem, a staunch ally of former President Donald Trump who is known for her opposition to COVID-19 restrictions, won the Republican nomination to seek reelection in November, as voters cast ballots in primary elections across seven U.S.

China's sputtering economy has a lot riding on its consumers, who are just now emerging from lockdowns in Shanghai and other big cities.

Japan wants to drastically increase defence spending "within the next five years" it said on Tuesday in an annual economic policy document that for the first time mentioned both a time frame for the expenditure and concern about threats faced by Taiwan.

EIG Global Energy Partners is in early discussions with Repsol to buy a slice of the Spanish company's oil and gas exploration and production business, three sources with knowledge of the matter told Reuters.

EIG is in early discussions with Repsol to buy a slice of the Spanish company's oil and gas exploration and production business, three sources with knowledge of the matter told Reuters.

Taiwan's top trade negotiator appealed to the United States on Tuesday not to forget that the island wants a free trade deal, but understands this will not happen immediately and is willing to make other agreements first as "building blocks".

The United States, Britain, Germany and France have submitted to the U.N.

Theresa Ogbu took two of her five children to mass on Sunday to celebrate Pentecost, a joyful occasion for a devout Catholic, but the boys came home without a mother.

U.S. Vice President Kamala Harris has marshaled $3.2 billion in corporate pledges to tackle the factors that drive some Central Americans to migrate to the United States, according to her office, an effort she will tout on Tuesday at the Summit of the Americas in Los Angeles.

U.S. Vice President Kamala Harris has pooled $3.2 billion in corporate pledges aimed at addressing some of the economic factors driving migration from Central America, her office said on Tuesday, lending impetus to measures to be discussed at the Summit of the Americas this week.

Graft-accused Gupta brothers face extradition to S.Africa from UAE

UK's wounded Johnson presses on despite Tory rebellion

Old problems in China-Japan relations are intertwined with new ones, and the challenges cannot be ignored if the countries wish to have a "healthy" relationship, China's top diplomat said on Tuesday.

European shares fell on Tuesday as investors worried about the squeeze to economic growth from aggressive monetary policy tightening by central banks in a bid to tame rising inflation.

Citigroup Inc plans to hire around 3,000 new staff for its Asia institutional business in the next few years, sharpening its focus in a fast-growing region where it has exited consumer banking in most markets, its Asia Pacific chief executive said.

English-language students swerve UK post Brexit

Sweden's government survived a no-confidence vote on Tuesday with the help of a lawmaker whose demands for support for Kurds in Northern Syria could complicate its attempts to join NATO.

As the crypto winter creeps into June, the first signs of a thaw are emerging.