IBT Staff Reporter

Pakistan issued a heat warning after the hottest March in 61 years while in parts of neighbouring India schools were shut and streets deserted as an intense heave wave on Friday showed no signs of abating.

Over 3,000 Europe-bound migrants lost at sea in 2021: UN

Libya losing $60 million a day in oil shutdown: minister

U.S. stocks fell on Friday as disappointing forecasts from Amazon and Apple pushed the Nasdaq toward sharp monthly declines, with the biggest surge in monthly inflation since 2005 adding to investor worries.

Wall Street tumbled on Friday at the end of a volatile week, as Amazon slumped following a gloomy quarterly report, and as the biggest surge in monthly inflation since 2005 spooked investors already worried about rising interest rates.

Wall Street slid on Friday to its deepest daily losses since 2020, as Amazon slumped following a gloomy quarterly report, and as the biggest surge in monthly inflation since 2005 spooked investors already worried about rising interest rates.

In western Ukraine, displaced children play to forget war

"We don't know what the situation will be tomorrow."

Wealth managers at the big global banks are tempering their expectations for Asia, their fastest growing market, after China's regulatory crackdown and COVID-driven slowdown helped to push clients to the sidelines, bankers and analysts said.

U.S. Treasury Secretary Janet Yellen urged the World Bank and other multilateral development lenders to accelerate infrastructure investments in emerging market countries as part of a concerted effort by the G7 wealthy democracies to counter China's multitrillion-dollar Belt and Road initiative.

From countering a Western "information war" during a Taiwan conflict to using "shock and awe" to swiftly subdue the island's forces, Chinese strategists are soaking up lessons from Russia's Ukrainian quagmire, diplomats, scholars and analysts say.

Tens of millions of Indonesian Muslims are expected to travel back to their hometowns to celebrate Eid al-Fitr in coming days, with traffic jams of up to 10 km (6 miles) already starting to form on some routes out of the capital Jakarta.

Exxon Mobil Corp doubled its first-quarter per-share profit on Friday, boosted by surging oil and gas prices even as it took a $3.4 billion writedown from its planned exit from its Russian operations.

Exxon Mobil Corp doubled its first-quarter per-share profit, it said on Friday, but the results fell short of Wall Street estimates, even excluding a $3.4 billion writedown from its withdrawal from Russia.

Exxon Mobil Corp said on Friday it doubled its first-quarter per-share profit, but the results fell short of Wall Street estimates, even excluding a $3.4 billion writedown from its withdrawal from Russia.

Chevron Corp's first-quarter profit nearly quadrupled from the same period a year ago, easily surpassing Wall Street's forecasts as oil and gas prices surged following Russia's invasion of Ukraine.

Chevron Corp's first-quarter profit leapt from the same period a year ago to its highest in 10 years, benefiting from the surge in oil and gas prices in the aftermath of Russia's invasion of Ukraine.

Chevron Corp on Friday posted its highest quarterly profit in 10 years as oil and gas prices surged, and said on Friday it was looking to boost investment in natural gas on rising world demand.

All Sri Lanka's creditors will be treated equally in a planned restructuring of the country's debt, its central bank governor said on Friday, adding that he expected progress in talks with the International Monetary Fund (IMF) in the next two months.

Leaving his office this week, the 80-year-old head of Lebanon's election commission escorted journalists down eight flights of stairs, lighting the way with a mobile phone.

Patrol crafts manned by the Royal Bahamas Defense Force set off each day from a former luxury resort hotel, as the archipelago nation works to control a spike in migrants attempting to reach the United States on often rickety and overloaded boats.

Beijing's zero-COVID strategy has had dire consequences for the millions Chinese living abroad, most of whom have been unable to see family and friends at home for two years even as the rest of the world eases travel restrictions.

Chipmakers are divided over how aggressively to oppose a legislative proposal that would give the U.S.

Eurozone economy hit by Ukraine war fallout

Prosecutors, federal police and other officials searched Deutsche Bank's headquarters in Frankfurt on Friday in a move Germany's largest lender said was linked to suspicions of money laundering it had reported to the authorities.

More than 3,000 refugees, migrants and asylum seekers died or went missing last year while trying to reach Europe via Mediterranean and Atlantic sea routes, a U.N.

Paradigm lost?A long-held view among many investors that China's currency and markets would one day sit at the centre of world finance to match the second biggest economy in the world looks bruised at best after a torrid 2021 and February's geopolitical quake.

French growth crashes to zero in first quarter

Philippe Donnet kept his job as chief executive of Italian insurer Generali on Friday, surviving a challenge from rebel domestic investors who retained board seats and vowed to keep up the pressure for reform.