IBT Staff Reporter

The Reserve Bank of India will concentrate interest rate hikes over the coming months in a relatively short tightening cycle, according to a Reuters poll of economists who expect the repo rate to reach its terminal level early next year.

The dollar hit a three-week high against the yen in early trade on Thursday and was holding firm against other majors, supported by rising U.S.

The dollar hit a three-week high against the yen in early trade on Thursday and held its gains against other majors, supported by this week's advances in U.S.

The U.S. dollar eased across the board on Thursday, ceding some of the ground gained in recent sessions as firmer risk sentiment prompted investors to reach for higher-yielding currencies.

The U.S. dollar fell across the board on Thursday, ceding ground gained in recent sessions as firmer risk sentiment prompted investors to reach for higher-yielding currencies.

Bread factory holds tough as Ukraine hopes for recovery

Meta Platforms veteran Javier Olivan is taking over as the company's chief operating officer after playing a crucial but largely behind-the-scenes role stoking the social media company's explosive growth for 15 years.

Paraguay's slow slide into a state held hostage to drug trafficking

Battered emerging market currencies will struggle to hold on to recent gains towards year-end as U.S.

Oil prices fell by around $3 a barrel in early Asian trade on Thursday as investors cashed in on a recent rally with a key producers meeting later in the day set to pave the way for expected output increases.

Oil prices fell on Thursday as investors cashed in on a recent rally ahead of a key producers meeting later in the day, with some speculation that Saudi Arabia may boost oil production in response to urging by the United States.

Oil prices fell on Thursday as investors cashed in on a recent rally ahead of a key producers meeting later in the day, with some speculation that Saudi Arabia may boost oil production in response to urging by the United States.

Oil prices fell on Thursday on speculation that Saudi Arabia and other OPEC members may boost crude output to compensate for a drop in Russian production.

Oil rose more than 1% on Thursday after U.S. crude inventories fell more than expected amid high demand for fuel, shrugging off OPEC+'s agreement to boost crude output to compensate for a drop in Russian production.

Meta's second most powerful executive Sheryl Sandberg made the shock announcement Wednesday that she will leave after a 14-year tenure that included helping steer scandal-prone Facebook to advertising dominance.

The U.S. dollar is set to clear its recent weak period unscathed and remain dominant because the number of reasons supporting it, including its safe-haven status, still strongly outweigh any reason to sell, according to a Reuters poll.

A near doubling in benchmark cotton futures to 11-year highs, hard on the heels of a spike in freight and fuel prices, is clobbering Asian apparel makers while their global retail customers are reluctant to soak up the extra costs.

North Carolina lawmakers advanced legislation on Wednesday that would prohibit classroom instruction on sexual orientation and gender identity for some public school students, a move decried by opponents as harmful to LGBTQ youth.

U.S. officials are planning a trip for President Joe Biden to the Middle East later this month to meet Gulf allies, which could put him in the same room with Saudi Crown Prince Mohammed bin Salman, sources said on Wednesday.

A man armed with a rifle and a handgun killed four people inside a medical building in Tulsa, Oklahoma on Wednesday before fatally shooting himself, police said, in the latest of a series of mass shootings to rattle the United States.

Tens of thousands of royal supporters lined the streets of London on Thursday to celebrate Queen Elizabeth's Platinum Jubilee and kick off four days of pomp, parties and parades to mark her record-breaking 70 years on the British throne.

A beaming Queen Elizabeth waved to cheering crowds massed outside Buckingham Palace on Thursday as Britain kicked off four days of pomp, parties and parades to celebrate her record-breaking 70 years on the British throne.

A beaming Queen Elizabeth waved to cheering crowds massed outside Buckingham Palace on Thursday as Britain kicked off four days of pomp, parties and parades to celebrate her record-breaking 70 years on the British throne.

Queen Elizabeth II kicks off historic jubilee celebrations

A California task force released a 500-page report detailing the state's role in perpetuating historic discrimination against African Americans, while recommending an official government apology and making a case for financial restitution.

Brazilian soccer legend Pele made a public plea on Wednesday to Russian President Vladimir Putin to end his "wicked" and "unjustifiable" invasion of Ukraine, minutes before Ukraine's national team played in a World Cup qualifying game.

The United States is still hammering out a final guest list ahead of next week's Summit of the Americas in Los Angeles, senior U.S.

An 18-year-old suspect has been indicted on charges he gunned down 10 Black residents in a Buffalo, New York supermarket, and will make a court appearance on Thursday, the office of the local county's district attorney said.

Biden takes aim at inflation but short on weapons