IBT Staff Reporter

7291-7320 (out of 154954)

Wall St Slides As Solid Jobs Data Supports Rate Hike Bets

U.S. stock indexes fell on Friday after a solid jobs report appeared to give the Federal Reserve a green light to continue on an aggressive policy-tightening path to cool decades-high inflation while shares of Apple and Tesla weighed heavily.

Carrefour Confident On 2022 Despite Mounting Challenges

Carrefour is looking at 2022 with confidence as it works on a new strategy that will allow the French retailer to step up digital expansion and be more resilient amid an increasingly uncertain environment, its boss said on Friday.

Turkish Inflation Soars To 73%, Highest Since 1998

Turkey's annual inflation rate jumped to a 24-year high of 73.5% in May, fuelled by the war in Ukraine, rising energy prices and a tumbling lira -- though the figure was slightly lower than economists had feared.

Test Makers Target Monkeypox Market As Cases Surge

Diagnostic companies are racing to develop tests for monkeypox, hoping to tap into a new market as governments ramp up efforts to trace the world's first major outbreak of the viral infection outside of Africa.

Pitcairn Islands To Light Final Platinum Jubilee Beacon

The entire population of the Pitcairn Islands - 35 permanent residents - will make the Pacific Ocean territory the last place in the Commonwealth to light a beacon as part of the Queen's Platinum Jubilee celebration later Thursday.

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