IBT Staff Reporter

Daimler Truck Holding said rising raw materials prices and inflationary pressures could weigh into its second quarter, but the truckmaker expected to continue passing high costs to customers amid record levels of demand.

Stablecoins, the safe and strait-laced cousins of crypto, are looking distinctly dicey.

Brazilian sugar cane mills are cancelling some sugar export contracts and diverting production to ethanol to cash in on high energy prices, according to people with direct knowledge of the deals, raising concerns of a sugar shortage.

Spain, Morocco reopen land borders after two-year closure

Indonesia's trade surplus jumped to its largest ever at $7.56 billion in April, as exports rose to a new record high while imports grew slower than expected, data from the statistics bureau showed on Tuesday.

Indonesia's trade surplus jumped to its largest ever at $7.56 billion in April, as exports rose to a record high while imports grew slower than expected, data from the statistics bureau showed on Tuesday.

Equinor SA and Exxon Mobil Corp have taken the first steps to expand an $8 billion oil development off Brazil's coast, the Norwegian oil producer told Reuters.

Egypt composer's star rises with 'Moon Knight' fame

China's worst COVID-19 outbreak has frayed nerves and stirred resentment among many residents of Shanghai but some have thrived in the face of adversity, stepping up with bright ideas and commitment to help their communities through the crisis.

Like for millions of people in developing and emerging market countries around the world, shopping for staple foods has turned from a necessity into a luxury for Selcuk Gemici.

Fear and hope under fire in Ukrainian village near Russian border

Legacy on the line for Rangers in Europa League final

Shanghai achieved on Tuesday the long-awaited milestone of three consecutive days with no new COVID-19 cases outside quarantine zones but most residents will have to put up with confinement for a while longer before resuming more normal life.

Shanghai achieved its long-awaited milestone of three consecutive days with no new COVID-19 cases outside quarantine zones on Tuesday but most residents will have to put up with confinement for a while longer before resuming more normal life.

Biden reestablishes US troop presence inside Somalia

North Korean military ramps up Covid response as outbreak grows

Kremlin critic Navalny appeals jail sentence

UK to unveil unilateral plans for post-Brexit trade in N.Ireland

Rattled by Russia, Finns flock to military training

Asian shares edged higher on Tuesday despite data reinforcing investor fears the global economic recovery may be more fragile than expected, even as inflationary pressures remain high.

Asian shares advanced on Tuesday, led by a jump in technology majors, as hopes grow for an easing of China's unprecedented regulatory crackdown on its once-freewheeling tech sector.

Asian shares led a global rally on Tuesday on optimism about an easing of China's crackdowns on tech and COVID-19, but concerns about rising prices worldwide set a nervy tone in markets as investors wait for more signals from policymakers.

Global shares recovered on Tuesday on optimism about an easing of China's crackdowns on tech and COVID-19, but concerns about rising prices and slowing growth worldwide set a nervy tone elsewhere in markets.

Global equity markets rallied and Treasury yields rose on Tuesday, as solid U.S.

Singapore will resume building a fifth terminal at its Changi Airport after a two-year hiatus, the transport minister said on Tuesday, as regional and global air and passenger traffic recovers from the pandemic.

The Philippine central bank will kick off its tightening cycle on Thursday, much earlier than previously thought, joining peers around the world in a race to tighten monetary policy to tackle rising inflation, a Reuters poll found.

Australia's ruling coalition on Tuesday pledged to fund A$2.3 billion ($1.60 billion) worth of its election promises by curbing public sector spending over the next four years, which it said would also further reduce the budget deficit.

Thailand's economy grew faster than expected in the first quarter as exports increased and an easing of COVID-19 curbs helped activity and tourism, but higher inflation remained a drag on a fragile recovery.

The dollar fought for a footing on Tuesday and the tumbling Chinese yuan found a floor as investors trimmed bets on whether U.S.