IBT Staff Reporter

Buyers in China, the world's second-largest palm oil importer, are "no longer big bulls" in the commodities markets as they face an economic slowdown while the country chases a zero-COVID policy, edible oil analyst Dorab Mistry said on Wednesday.

Democratic Republic of Congo Mines Minister Antoinette N'Samba Kalambayi is seeking to cancel a decree granting Entreprise Generale du Cobalt (EGC) a monopoly over artisanal cobalt produced in the country, she told Reuters on Wednesday.

Ferdinand Marcos Jr. went to the grave of his father, the disgraced Philippines dictator, the day after winning the presidential election, a visit that underscores the polarisation over the return to rule of the notorious political dynasty.

Sri Lanka's economy on brink of collapse as troops quell unrest

Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country that has built its wealth on oil and gas into an exporter of renewable electricity.

Triumphant Marcos faces high expectations from Philippines poor

Ferdinand Marcos Jr claims victory in Philippines election

European stocks locked in gains for a second straight session on Wednesday as strong earnings and a surge in economically sensitive sectors boosted sentiment after U.S.

'Many die': Ukraine throws it all to halt Russian surge

Germany's Allianz said on Wednesday it would set aside another 1.9 billion euros ($2 billion) as it braces for the outcome of U.S.

Britain on Wednesday rejected European Union proposals to resolve a standoff over post-Brexit trade rules for Northern Ireland, saying it would not shy away from taking direct action in a move Ireland said would trigger legal action by Brussels.

Blockchain needs its own music industry 'MP3' moment as fragmented regulation and technology hamper the development of a digital securities industry that could help realise its full potential, industry officials said.

Calls mount for probe into reporter's killing during Israeli raid

Holiday group TUI said on Wednesday it expects to become profitable again in 2022 with significantly positive underlying core earnings thanks to strong bookings as countries lift pandemic-related travel restrictions.

Holiday group TUI expects to become profitable again in 2022 as countries lift COVID-19 restrictions and people book package tours, eager to pay more for higher hotel grades or extra services on their long-awaited vacations.

Three European asset managers, including the largest, Amundi, said on Wednesday they had jointly filed climate-change resolutions at Japanese electricity generator Electric Power Development Co Ltd, known as J-Power.

U.S. companies are ramping up efforts to protect their profits from a relentless rally in the dollar, as the greenback surges to multi-decade highs.

The tide of pessimism sweeping through Britain's households is unmatched elsewhere among Europe's major economies and suggests the government may have misjudged its response to an escalating cost-of-living crunch.

The tide of pessimism sweeping through Britain's households is unmatched elsewhere among Europe's major economies and suggests the government may have misjudged its response to an escalating cost-of-living crunch.

The hospital in the small Ukrainian town of Bakhmut was never intended to receive queues of ambulances bringing the wounded and traumatised from the front line of Europe's biggest battlefield.

Philippine election winner Marcos visits dictator father's grave

Philip Morris International Inc has agreed to buy tobacco and nicotine products maker Swedish Match in a $16 billion deal that aims to cut the U.S.

Philip Morris International Inc has agreed to buy tobacco and nicotine products maker Swedish Match in a $16 billion deal that aims to cut the U.S.

On Tuesday, bitcoin fell briefly below $30,000 for the first time in 10 months, while cryptocurrencies overall have lost nearly $800 billion in market value in the past month, according to data site CoinMarketCap, as investors fret about tightening monetary policy.

Madrid rivals Miami as haven for Latin American dissidents

Alstom's shares slipped sharply on Wednesday, erasing earlier strong gains as the French train maker's comments on cash flow generation and guidance divided the market.

Indonesia's "unpredictable" palm oil export policies may help Malaysia emerge as the dominant supplier to India, the world's top buyer of the edible oil, industry sources said.

Development of a new cancer treatment pioneered by Roche was thrown into doubt on Wednesday when the immunotherapy drug failed to slow progression of lung cancer in a second trial, hitting the Swiss pharmaceutical maker's shares.

New Zealand fully reopens to the world in August: Ardern