IBT Staff Reporter

U.S. crude exports to Europe climbed in March and April as buyers across the Atlantic snapped up the country's light sweet grades to offset the expected loss of Russian oil, according to shipping data, traders and analysts.

When Jeremy Davis was laid off from his oilfield job in Texas in 2020, he did not want to leave the industry after 17 years in oil and gas.

China signaled an easing of its crackdown on the once-freewheeling tech sector on Friday as President Xi Jinping seeks to bolster the economy in the face of growth-sapping COVID-19 lockdowns, sending shares in online heavyweights surging.

Russia admits striking Kyiv during UN chief's visit

Hong Kong's sole candidate to become its next leader mapped out his policy platform on Friday, saying his focus will be on enhancing the city's governance, increasing the housing supply and maintaining its international status.

Man City, Liverpool turn attention back to Premier League shootout

The Reserve Bank of Australia will raise interest rates for the first time in more than a decade on Tuesday and join a long list of central banks now expected to tighten policy at a much faster pace than previously thought, a Reuters poll found.

Gold rose on Friday as worrying U.S. economic data rekindled some interest in the safe-haven metal, but was likely to log its biggest monthly drop since September on bets for aggressive interest rate hikes by the Federal Reserve.

Gold rose on Friday as worrying U.S. economic data rekindled some interest in the safe-haven metal, but bullion was likely to log its first monthly drop since January on bets for aggressive interest rate hikes by the Federal Reserve.

Gold prices rose more than a percent on Friday, driven by a retreat in the dollar, although the yellow metal was set to post a monthly drop on bets of aggressive policy tightening by the U.S.

Gold prices rallied 1% on Friday on the back of a retreat in the dollar, but the metal was set to end the month lower on bets of aggressive policy tightening by the U.S.

Arm Ltd said on Friday its Chinese joint venture had replaced its CEO, marking a major step towards resolving a two-year long dispute that had threatened to derail the UK-based chip designer's plans for a stock market listing.

Arm China on Friday said it opposed a move by its board to replace its CEO, in what could further complicate its parent Arm Ltd's efforts to resolve a two-year long dispute and smooth the UK-based chip designer's path to a stock market listing.

Arm Ltd said on Friday a change in leadership at its Chinese joint venture fully complied with local laws, after concerns were raised about the move at the Chinese unit.

Nepal ganja campaign seeks return of Himalayan high times

Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets, three people familiar with the matter said.

China's capital Beijing closed more gyms, malls, cinemas and apartment blocks on Friday, with authorities ramping up contact tracing to contain a COVID-19 outbreak, while resentment at the draconian month-long lockdown in Shanghai continued to grow.

China's capital Beijing closed more businesses and apartment blocks on Friday, with authorities ramping up contact tracing to contain a COVID-19 outbreak, while resentment at the draconian month-long lockdown in Shanghai continued to grow.

China's capital Beijing closed more businesses and residential compounds on Friday, with authorities ramping up contact tracing to contain a COVID-19 outbreak, while resentment at the month-long lockdown in Shanghai grew.

For the Fengxi Inn guest house, China's annual May Day holiday is usually a sell-out period, with guests booking out its rooms weeks in advance due to its location nestled in the green lush hills of the country's southwestern Guizhou region.

Two Russian missiles struck Kyiv during a visit by the head of the United Nations, Ukrainian officials said, but the West believes the battles for the besieged port of Mariupol and other areas in the east and south may determine the war's outcome.

The "Battle of Donbas" remains Russia's main strategic focus in Ukraine, Britain's defence ministry said on Friday, but it has suffered significant losses for limited territorial gains.

Ukraine acknowledged on Friday it was taking heavy losses in Russia's assault in the east, but said Russia's losses were even worse, as U.S.

Russia killed a journalist from the U.S.-backed broadcaster Radio Liberty in a missile attack on Kyiv during a visit to the Ukrainian capital by the secretary-general of the United Nations, the broadcaster said on Friday.

Ukraine acknowledged on Friday it was taking heavy losses in Russia's assault in the east, but said Russia's losses were even worse, as U.S.

Ukrainian President Volodymyr Zelenskiy said on Friday there was a high risk that peace talks with Moscow would end and U.S.

Ukraine warned on Friday that peace talks with Moscow were in danger of collapse and said Russia was pounding areas in the east as U.S.

Asian shares clung on to small gains on Friday thanks to a solid Wall Street session, but were still set for their worst month in two years, as China growth fears and looming U.S.

Asian shares were set for their best day in six weeks on Friday led by Chinese tech stocks after reports of a possible resolution to the Sino-U.S.