IBT Staff Reporter

Oil prices fell $1 on Tuesday, with the demand outlook pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.

The U.S. crude oil price dipped below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.

The Philippines woke to a new but familiar political dawn on Tuesday, after an election triumph by Ferdinand Marcos Jr paved the way for a once unimaginable return to the country's highest office for its most notorious political dynasty.

The Philippines woke to a new but familiar political landscape on Tuesday, after an election triumph by Ferdinand Marcos Jr.

The son of the disgraced late Philippines dictator Ferdinand Marcos vowed on Tuesday to work for all people after his stunning election victory, and told the world to judge him by his presidency, not his family's past.

China's Geely Automobile will buy just over a third of Renault's Korea unit for roughly $200 million, potentially helping it boost U.S.

Japan's household spending fell in March for the first time in three months, though the drop was smaller than expected, as consumers remained wary of rising living costs despite some easing of COVID-19 curbs.

Japan's household spending fell in March for the first time in three months, though the 2.3% drop was smaller than expected, as consumers remained cautious despite some easing of COVID-19 curbs.

South Korea's Yoon calls on North to trade nukes for aid

Three small beds, two dressers and baskets full of clothes and other items cram a bedroom shared by three of Dontrael Starks' children in the family's Denver, Colorado, home.

Tunisian President Kais Saied on Monday appointed new members of the election commission, to be headed by Farouk Bouasker, the official gazette said, entrenching his one-man rule and casting doubt on electoral integrity.

Popular gay dating app Grindr LLC has agreed to go public through a blank-check firm whose founder was part of a consortium that bought the company in 2020, according to a filing with the U.S.

Gay dating app Grindr said on Monday it would go public through a merger with a blank-check acquisition firm - a deal that values it at $2.1 billion and features Tiga Investments CEO Raymond Zage on both sides of the transaction.

Even chance world will breach 1.5C warming within 5 years: UN

Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz Global Corporate & Specialty (AGCS) said in a report on Tuesday.

British Prime Minister Boris Johnson returned to his election pledges to tackle regional inequalities and maximise post-Brexit freedoms on Tuesday, hoping to win back voters in southern England who abandoned his party in local polls last week.

Prime Minister Boris Johnson promised on Tuesday to revive Britain's economic growth to help those struggling with a cost-of-living crisis and to tackle regional inequalities after setting out his government's agenda for the coming months.

The world faces a 50% chance of warming of 1.5 degrees Celsius above pre-industrial levels, if only briefly, by 2026, the World Meteorological Organization (WMO) said on Monday.

Bahamian authorities said on Monday they have identified three American tourists who died under mysterious circumstances at a luxury resort on the island of Great Exuma on Friday and are still investigating cause of death.

The United States will soon announce plans to better battle illegal fishing in the Pacific, U.S Indo-Pacific coordinator Kurt Campbell said on Monday, as part of increased U.S.

Eight Turks among 12 kidnapped by gang on bus in Haiti

Dozens of inmates were killed during a riot early on Monday as rival gangs clashed in a jail in the Ecuadorean city of Santo Domingo, the government said, the latest episode of prison violence that has rocked the South American country.

Pariah to president: Marcos Jr returns family to Philippines supremacy

In Mexico, some spend Mother's Day looking for missing children

The Washington Post won the Pulitzer Prize for public service on Monday for its coverage of the siege of the U.S.

The New York Times won three Pulitzer Prizes and was named as a finalist five more times on Monday, while its rival the Washington Post took the public service award and Reuters claimed the prize for feature photography.

Proxy advisory firm Egan-Jones recommended that Kohl Corp shareholders elect four of the 10 board candidates nominated by activist investment firm Macellum Advisors as the department store considers selling itself.

A group of European Union parliamentarians has asked the European Commission to open negotiations with Ivory Coast and Ghana to address low cocoa prices, it said in a letter.

Strong commodity prices and a recovering job market have helped a sharp improvement in Brazil's public finances, analysts say, allaying concerns about the country's short-term fiscal health and helping to lure an influx of foreign investment.