IBT Staff Reporter

The World Bank on Monday approved a $150 million loan to help Lebanon fund wheat imports and keep bread prices stable for nine months, the country's economy minister told Reuters.

The S&P 500 index fell to its lowest since April 2021 on Monday as higher U.S.

Pope Francis's trip to Lebanon next month will likely be postponed because of the pontiff's difficulty walking, a source said on Monday.

Pope Francis's planned trip to Lebanon next month has been postponed because the 85-year-old pontiff has experienced difficulty walking recently, sources said on Monday.

Coty Inc raised its full-year profit forecast on Monday following resilient demand for its high-end fragrances and skincare products in the United States and Europe at a time when inflation has soared to multi-year highs in most countries.

With the U.S. Supreme Court expected to strike down the right to an abortion, the next legal fault line is already taking shape as lawmakers from anti-abortion states explore ways to take the radical step of extending bans to states where the procedure remains legal.

When the Caldor Fire raced toward the southern shore of Lake Tahoe last year, its 100-foot (30-meter) flames spread across the tree canopy.

Celebrity chef Mario Batali went on trial on Monday over allegations that he forcibly groped and kissed a fan in the only criminal case to result from multiple #MeToo-era claims of sexual harassment and assault that helped fuel his downfall.

A teary Boston-area software worker on Monday testified that celebrity chef Mario Batali groped and squeezed her "sensitive feminine areas" five years ago at a Boston bar while posing with her for "selfie" photographs.

A teary Boston-area software worker on Monday testified that celebrity chef Mario Batali groped and squeezed her "sensitive feminine areas" five years ago at a Boston bar while posing with her for "selfie" photographs.

COVID-19 vaccine makers are shifting gears and planning for a smaller, more competitive booster shot market after delivering as many doses as fast as they could over the last 18 months.

Twice daily, Yuliya Day reaches out by phone from Los Angeles to see how her mother and aunt are doing in the attic they've rented in Warsaw.

Ukraine has sown about 7 million hectares of spring crops so far this year, or 25-30% less than in the corresponding period of 2021, and exported 1.090 million tonnes of grain in April, Agriculture Minister Mykola Solskyi said on Monday.

Ukraine's president said on Monday that trade at the country's ports was at a standstill and urged the international community to take immediate steps to end a Russian blockade to allow wheat shipments and prevent a global food crisis.

Zambia's President Hakainde Hichilema is pleased China will co-chair a creditor committee with France during debt negotiations, he told Reuters on Monday, adding that a partial write-off of the country's $32 billion debt was on the table.

ConocoPhillips submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns ($1.10 billion), the first of an expected rush of new petroleum projects to be launched in Norway this year.

Putin defends Ukraine offensive as Russia marks Victory Day

South Korea is "positively considering" joining an Indo-Pacific economic pact planned by the United States, a government official said on Monday, after domestic media said the incoming administration had decided to join as a founding member.

Twenty internet providers, including Verizon, Comcast and AT&T, have committed to cutting prices or increasing internet speeds for millions of lower-income U.S.

Sri Lanka PM quits as violence kills 5, injures 180

Western multinationals congratulate Hong Kong's new leader

Philippine dictator's son wins landslide presidential victory

British Defence Secretary Ben Wallace accused President Vladimir Putin and his generals on Monday of mirroring the fascism and tyranny of Nazi Germany and said their invasion of Ukraine was bringing dishonour to Russia's proud military past.

Hyundai Motor Co plans to build a new electric-vehicle manufacturing plant in the United States and has held discussions with officials in Georgia, near existing plants for the Hyundai and Kia brands, people with knowledge of its plans told Reuters.

For decades, a cash-filled envelope - or "sobre" - was how hundreds of thousands of Spaniards working without legal contracts in tourism, agriculture or construction collected their salaries.

IKEA retailer Ingka Group is spending 3 billion euros ($3.2 billion) through 2023 on new and existing stores, much of it to modify its trademark out-of-town outlets so they can double up as e-commerce distribution centres.

Toyota Motor Corp is expected to forecast higher profit for the year ahead when it reports earnings this week, helped by solid demand and a weaker yen, even as commodities costs and supply chain woes put pressure on the global auto industry.

'Our real Victory Day': Ukrainians shun Soviet WWII anniversary

Sri Lankan energy companies said on Monday they were running low on stocks of liquid petroleum gas mainly used in cooking, as shortages of foreign exchange put renewed pressure on the island nation.