IBT Staff Reporter

9511-9540 (out of 154954)

Surging Natural Gas Prices Squeeze U.S. Industrial Sector

Skyrocketing natural gas prices have raised manufacturing and transportation costs across many U.S. industries, and the situation should persist as the United States exports more gas to Europe to make up for Russian supplies lost to sanctions.

Ryanair Cautious About 'Fragile' Recovery, Berates Boeing

Ryanair said on Monday it was impossible to give detailed 2022 guidance beyond hoping for a return to "reasonable profitability" amid uncertainties over COVID-19 and the Ukraine war, knocking its shares despite a smaller annual loss.

Steelworks Defenders Appear To Signal End Of Mariupol Siege

The Ukrainian unit holed up beneath the Azovstal steelworks in Mariupol said on Monday its garrison was fulfilling orders to save the lives of troops, an apparent sign that the longest and bloodiest battle of the Ukraine war had come to an end.

China's Economy Skids As Lockdowns Hit Factories, Retailers

China's retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes and severely disrupted supply chains, casting a long shadow over the outlook for the world's second-largest economy.

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