IBT Staff Reporter

Russian energy firm Gazprom said on Wednesday it had halted gas supplies to Bulgaria and Poland for failing to pay for gas in roubles, the Kremlin's toughest retaliation yet to international sanctions over the war in Ukraine.

Russia halted gas supplies to Bulgaria and Poland on Wednesday for rejecting its demand for payment in roubles, taking direct aim at European economies in its toughest retaliation so far against international sanctions over the war in Ukraine.

Russia halted gas supplies to Bulgaria and Poland on Wednesday for rejecting its demand for payment in roubles, taking direct aim at European economies in a move that also exposed divisions in the EU on how to respond to Moscow's invasion of Ukraine.

Russia halted gas supplies to Bulgaria and Poland on Wednesday for rejecting its demand for payment in roubles, taking direct aim at European economies in a move that also exposed confusion in the EU on how to respond to Moscow's invasion of Ukraine.

Europe should stop depending on Russia for trade after Moscow halted gas supplies to Bulgaria and Poland for not paying in roubles, Ukraine said, as the shutoff exposed the continent's weaknesses and divisions on Wednesday.

Canada's Ryerson University has changed its name to Toronto Metropolitan University after concerns over of the institution's namesake, Egerton Ryerson, who was one of the architects of the country's residential indigenous school system.

Samsung Electronics plans to join as soon as next month a group of global corporations committed to 100% renewable energy, a person familiar with the matter said, as partners such as Apple Inc push it for action against climate change.

Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk declined to disclose publicly where his cash for the acquisition is coming from.

Buyer "hysteria" for pre-owned business jets during the pandemic that triggered a recent wave of bidding wars is now easing, with more corporate aircraft coming up for sale, brokers say.

Pharmacy chain Walgreens Boots Alliance and other defendants on Tuesday said they were not to blame for the opioid crisis in San Francisco, and that they acted responsibly when providing legal medications to patients in pain.

Elon Musk's rocket company SpaceX was due to launch the next long-duration astronaut crew to the International Space Station (ISS) for NASA early on Wednesday, including a medical doctor turned spacewalker and a geologist specializing in Martian landslides.

Ukrainian authorities on Tuesday dismantled a huge Soviet-era monument in the centre of Kyiv meant to symbolise friendship between Russia and Ukraine, a response to Moscow's invasion, according to the city's mayor.

Alphabet reported net income of $16.4 billion in the first quarter on revenue that climbed 23 percent to $68 billion when compared to the same period last year. Alphabet profit was $17.9 billion in the first quarter of 2021.

JBS SA announced on Tuesday the creation of a business unit for renting electric trucks to distribute refrigerated cargo to retailers, helping the Brazilian meatpacker advance on its carbon emissions reduction plan and reducing logistics costs in the medium- and long-term.

'Very dangerous': Chernobyl marks anniversary amid war

Man City let Real Madrid off the hook in seven-goal Champions League classic

South Koreans expect inflation to average around 3.1% over the next 12 months, led by rising global energy prices, the highest they have anticipated in nine years, according to a Bank of Korea survey of consumers released on Wednesday.

U.S. investors have apparently been losing their appetite to "buy the dip" during Wall Street's recent slide, further eroding support for a market pummeled by worries over everything from tightening monetary policy to the war in Ukraine.

Free speech or hate speech? Fears for Musk's Twitter

The Canadian government will change its sanctions law to allow for seized and sanctioned foreign assets to be redistributed as compensation to victims or to help in rebuilding a foreign state from war, Foreign Minister Melanie Joly said.

General Motors Co's first-quarter profit beat analyst estimates on Tuesday, as the automaker focused on sales of more expensive models with higher margins, even with production still limited by chip shortages and supply chain disruptions.

General Motors Co's first-quarter profit beat analyst estimates on Tuesday, as the automaker focused on sales of more expensive models with higher margins, even with production still limited by chip shortages and supply chain disruptions.

Google parent Alphabet Inc on Tuesday reported first-quarter revenue below expectations as ad sales amid supply-chain and inflation concerns and the war in Ukraine failed to make up for slower-than-anticipated growth in other units.

Google parent Alphabet Inc on Tuesday reported first-quarter revenue below expectations as YouTube sharply missed Wall Street targets and ad sales were pressured by supply-chain and inflation concerns and the war in Ukraine.

Google parent Alphabet Inc on Tuesday reported its first quarterly revenue miss of the pandemic after the war in Ukraine hurt YouTube ad sales, leaving investors rattled as the global economy sputters.

Microsoft Corp beat Wall Street profit and revenue expectations on Tuesday, benefiting from demand for the software giant's cloud-based services from the pandemic-triggered shift to hybrid work models.

Microsoft Corp on Tuesday forecast double-digit revenue growth for the next fiscal year, driven by demand for cloud computing services, and its shares jumped about 4%.

United Natural Foods Inc and Oak Street Real Estate Capital are separately working on bids for U.S. food distributor SpartanNash Co, people familiar the matter said on Tuesday.

A fresh examination of meteorites that landed in the United States, Canada and Australia is bolstering the notion that such objects may have delivered to Earth early in its history chemical ingredients vital for the advent of life.