IBT Staff Reporter

The Biden administration is likely to raise ethanol blending mandates for 2021 above the figure it proposed in December to align with U.S.

The Biden administration is likely to raise ethanol blending mandates for 2021 above the figure it proposed in December to align with actual U.S.

Wells Fargo & Co CEO warned on Wednesday that the Federal Reserve would find it "extremely difficult" to manage a soft landing of the economy as the central bank seeks to douse the inflation fire with jumbo interest rate hikes.

Top U.S. bank CEOs on Wednesday flagged the growing risks to the economy from rising inflation, which is slowing consumer spending and threatens the push the world's biggest economy into a recession unless the Federal Reserve acts more forcefully.

Jamie Dimon, Chairman and Chief Executive of JPMorgan Chase & Co described the challenges facing the U.S.

Jamie Dimon, Chairman and Chief Executive of JPMorgan Chase & Co described the challenges facing the U.S.

Dressed in body armour and a protective visor, Iryna Kustovska slowly sweeps a metal detector across a patch of grass in search of a buried fake landmine as her machine emits high-pitched squeaks.

Canadian manufacturing activity expanded at a faster pace in May as firms raised output to meet strong demand for their goods and inflation pressures showed some signs of easing, data showed on Wednesday.

Spain is set to become the first European country to have a law regulating the use of so-called loot boxes in videogames, aiming to avoid "thoughtless, compulsive or even pathological" consumer behaviour, the government said on Wednesday.

U.S. corporate bonds posted their first positive monthly return this year in May as easing inflation jitters alleviated pressure on rates and the possibility of a less hawkish Federal Reserve mitigated concerns over companies' ability to repay their debt.

Sri Lanka is in talks with the International Monetary Fund (IMF) to borrow at least $3 billion via the lender's extended fund facility (EEF), sources familiar with the matter told Reuters.

Sri Lanka is in talks with the International Monetary Fund (IMF) to borrow at least $3 billion via the lender's extended fund facility (EFF), sources familiar with the matter told Reuters.

More than 100 Hindu families have fled Kashmir as panic spread after the killing of a Hindu school teacher in India's only Muslim-majority region, a community leader said on Wednesday.

U.S. President Joe Biden announced on Wednesday a new $700 million weapons package for Ukraine that will include high mobility artillery rocket systems, which can accurately hit targets as far away as 80 km (50 miles).

The global property market frenzy that gathered pace during the pandemic as people scrambled to buy more living space is likely over as interest rates rise, and house price inflation is expected to drop off, Reuters surveys of market experts showed.

Iran building collapse feeds protest anger

US, Taiwan launch trade talks in bid to deepen ties

The United States will launch new trade talks with Taiwan, U.S.

The United States will launch new trade talks with Taiwan, U.S.

Anti-femicide group goes on trial in Turkey

A Jamaican legislator is asking the country's parliament to name reggae legend Bob Marley a national hero, an effort that comes amid rising nationalism in English-speaking Caribbean countries that are distancing themselves from their colonial past.

Tesla Inc Chief Executive Elon Musk has asked employees to return to the office or leave the company, according to an email sent to employees and seen by Reuters.

Delta Air Lines Inc on Wednesday forecast upbeat revenue for the second quarter, betting on pent-up demand as travelers plan more trips undeterred by the higher prices of tickets, accommodation and rental cars.

Delta Air Lines Inc and United Airlines on Wednesday played down the risk of a U.S.

From tour guides to tattoo artists, some in Taiwan are taking shooting lessons for the first time in their lives as Russia's invasion of Ukraine ratchets up anxiety at the prospect of giant neighbour China making a similar move on the democratic island.

A handful of attempts to privately trade depositary receipts in VTB and Gazprom show how some Western investors are still seeking ways to buy and sell stock in Russian companies rendered near untouchable due to sanctions.

Standing amid the charred remains of a roadside hotel on a major highway near Kyiv, Isa Akayev explained what drove him to build his Muslim volunteer unit and fight for Ukraine.

The United States, France, Britain and Germany are pushing for the U.N.

In 1918, Soviet revolutionary Leon Trotsky told Western creditors aghast at the Bolsheviks' repudiation of Russia's external debt: "Gentlemen, you were warned."