IBT Staff Reporter

Voters in Britain went to the polls in local government elections on Thursday where they are expected to punish Prime Minister Boris Johnson over a cost-of-living crisis and fines for breaking his own COVID-19 lockdown rules.

Financial institutions face losses of at least $225 billion from risks related to water, with a third of them doing nothing to assess the potential impact, a report by leading environmental disclosure platform CDP and Planet Tracker estimates.

The Bank of England sent a stark warning that Britain risks a double-whammy of a recession and inflation above 10% as it raised interest rates on Thursday to their highest since 2009, hiking by quarter of a percentage point to 1%.

The Supreme Court's leaked draft opinion has injected new urgency into a Texas primary that pits the House of Representatives' lone anti-abortion Democrat against an advocate of abortion rights.

Colombian authorities took Dairo Antonio Usaga, known as Otoniel, an accused drug trafficker and leader of the Clan del Golfo criminal group to an airport in the capital Bogota to be extradited to the United States on Wednesday, police told Reuters.

Colombia on Wednesday extradited Dairo Antonio Usaga, known as Otoniel, an accused drug trafficker and leader of the Clan del Golfo criminal group to the United States, President Ivan Duque said.

Real Madrid stun Man City to reach Champions League final

The Federal Reserve on Wednesday said it will start culling assets from its $9 trillion balance sheet in June and will do so at nearly twice the pace it did in its previous "quantitative tightening" exercise as it confronts inflation running at a four-decade high.

Amber Heard says 'love of my life' Johnny Depp was abusive when drunk

Nigeria expects to become an African hub for transshipment with a new deep seaport set to open in the commercial capital of Lagos before the end of this year, its managing director said on Wednesday.

Green Thumb Industries Inc reported a surge in revenue and core profit on Wednesday, as increasing acceptance of marijuana in the United States helped one of the country's largest weed producers attract more customers.

Donations have flooded into abortion clinics and abortion-rights advocacy groups since the leak of a U.S.

Trading strikes as tension builds in Ukraine no-man's land

After abortion, gay marriage? Fears US court may target other rights

New York Stock Exchange-parent Intercontinental Exchange said on Wednesday it will acquire Black Knight in a deal valuing the mortgage-lending software and data analytics firm at $13.1 billion.

Drone swarms can now fly autonomously through thick forest

US Fed makes biggest rate increase since 2000 to fight inflation

Moldova's pro-Russian separatist region criticised the EU on Wednesday for promising military aid to Chisinau, and warned of a danger of further escalation after what it has described as a week of terrorist attacks from Ukraine.

Uber hit with loss in quarter despite rider rebound

U.N. Secretary-General Antonio Guterres said on Wednesday the problem of global food security could not be solved without restoring Ukrainian agricultural production and Russian food and fertilizer output to the world market.

U.N. Secretary-General Antonio Guterres said on Wednesday the problem of global food security could not be solved without restoring Ukrainian agricultural production and Russian food and fertilizer output to the world market.

After two months in a bunker, Mariupol evacuee Tetyana Trotsak is feeling the sun on her face and staring up at the bright blue sky on her first day of freedom.

If the U.S. Supreme Court reverses its landmark 1973 Roe v.

The number of companies appointing chief sustainability officers (CSO) jumped threefold in 2021 year-on-year, a study by consultants PwC showed on Wednesday, although less than a third of all CSOs hold an executive position.

Stanford University received $1.1 billion, its largest ever gift, from venture capitalist John Doerr to fund a new school focused on climate change, fueling a debate about whether billionaire donations are enough to combat the climate crisis.

Netflix Inc has been hit with a shareholder lawsuit in a U.S.

A U.S. judge on Wednesday ruled that Andrew Fahie, premier of the British Virgin Islands, will not face pre-trial detention while awaiting proceedings on charges that he conspired to launder money and traffic drugs into the United States.

Daniel Encinias stands next to his camping trailer in a New Mexico evacuation area and says he will rebuild his home torched by the largest wildfire burning in the United States.

Airbus on Wednesday firmed up record plans for a 50% hike in key narrowbody jet output as it gambles on a steady travel rebound led by the United States, where the European exporter plans to deepen its industrial footprint.