IBT Staff Reporter

Southwest Airlines Co and JetBlue Airways Corp on Thursday gave upbeat revenue forecasts for the current quarter on strong travel demand, despite concerns that rising inflation may weigh on consumer spending.

Hungary's blue-chip stocks slumped on Thursday, with oil and gas group MOL and OTP leading losses after Budapest said it would impose windfall taxes on banks' and companies' "extra profits" to plug a budget gap.

The World Economic Forum will revert to January for its 2023 annual meeting in the Swiss ski resort of Davos after moving to the spring for the first time due to the coronavirus pandemic.

Eulalio Diaz Jr. walked into the classroom where 19 children and two teachers were shot to death just a few hours before, looked down on the floor and saw one of his high school classmates.

Eulalio Diaz Jr. walked into the classroom where 19 children and two teachers were shot to death just a few hours before, looked down on the floor and saw one of his high school classmates.

The United States does not seek to sever China from the global economy, but wants Beijing to adhere to international rules, U.S.

The United States will not block China from growing its economy, but wants it to adhere to international rules, Secretary of State Antony Blinken said on Thursday in a long-awaited speech on U.S.

After long trek to Davos, Ukrainians await more Western aid

Vanguard, the world's second-biggest asset manager, said it expects nine funds managing $290 billion to reach the world's climate goal by 2050 and be at least half way there by 2030, drawing criticism from campaigners for a lack of ambition.

Deere & Co has sold its tractors and other equipment to farmers for decades, but the world's largest agriculture machinery manufacturer is tearing a page from the technology world's playbook - combining cutting-edge hardware with software and subscription models to drive revenue growth.

Blinken says global order must survive China, but no 'Cold War'

Oil's bull run is taking little notice of the strong U.S.

The acting director of Africa's top public health agency said on Thursday that he hoped vaccine hoarding, as seen by wealthier nations during the COVID-19 pandemic, would not be repeated with the current monkeypox outbreak.

Two captured Russian soldiers pleaded guilty on Thursday to shelling a town in eastern Ukraine in the second war crimes trial of the war.

Royal Bank of Canada, Toronto-Dominion Bank and Canadian Imperial Bank of Commerce (CIBC) reported diverging second-quarter performances on Thursday with the former two comfortably beating expectations while the latter missed, all driven largely by provisions for credit losses (PCLs).

Royal Bank of Canada and Toronto-Dominion Bank on Thursday reported second-quarter profits that beat estimates, as provisions for credit losses (PCLs) improve at most Canadian banks, while Canadian Imperial Bank of Commerce (CIBC) posted the lone miss on the earnings front as its PCLs rose.

Diali Kaba's mother woke her up on Thursday morning with terrifying news: There had been a fire at the hospital in their town in Senegal where Kaba's two-week-old daughter was being cared for, and 11 babies were dead.

Three weeks ago, Ramata Gueye died after giving birth to a son, Mohamed, seven months into her pregnancy.

Russia will not win its war in Ukraine and President Vladimir Putin must not dictate the terms of any peace agreement, German Chancellor Olaf Scholz said on Thursday.

Ukraine's children of war roam rubble of eastern front

Indian security forces have killed six militants in Kashmir in the past 24 hours while militants shot dead a female TV performer and a police officer, officials said on Thursday, following the conviction of the region's best-known separatist.

Santos Ltd urged South Korea on Thursday to invest in Australian gas combined with carbon capture and storage to help meet South Korea's needs until 2050.

A proposal to condemn the regional health emergency triggered by Russia's aggression in Ukraine will come before a World Health Organization (WHO) assembly on Thursday, prompting a rival resolution from Moscow that makes no mention of its own role in the crisis.

The World Health Organization assembly passed a motion on Thursday condemning the regional health emergency triggered by Russia's invasion of Ukraine and rejected a rival resolution from Moscow that made no mention of its own role in the crisis.

China premier issues warning on Covid-hit economy

Two months into harsh COVID-19 lockdowns that have choked global supply chains, China's economy is staggering back to its feet, but businesses from retailers to chipmakers are warning of slow sales as consumers in the country slam the brakes on spending.

Toshiba Corp nominated an executive from M&A advisory firm Houlihan Lokey as chairperson and activist shareholders as outside directors on Thursday, in a board overhaul that could intensify pressure to take the conglomerate private.

Britain must pay for increased support to households in a way that does not deter investment, Cabinet Office minister Steve Barclay said on Thursday ahead of an expected announcement of new measures to cope with rising energy bills.

Britain must pay for increased support to households in a way that does not deter investment, Cabinet Office minister Steve Barclay said on Thursday ahead of an expected announcement of new measures to cope with rising energy bills.