IBT Staff Reporter

Global food and fuel price shocks linked to the Russia-Ukraine war are set to last until at least the end of 2024 and raise the risk of of stagflation, the World Bank said in its latest Commodities Market Outlook report.

Cash-strapped Sri Lanka to sell 'golden' visas

The European Union is considering options to cut imports of Russian oil as part of possible further sanctions against Moscow over its invasion of Ukraine, but none has been formally proposed as governments assess their impact.

As Russian forces tightened their siege of Mariupol and missiles rained down, Mykhailo Puryshev drove into the city six times last month to evacuate its citizens, somehow surviving despite his red van being all but destroyed.

Keep going: world's oldest person eyes new longevity record

Sheeran takes top billing for end of queen's jubilee celebrations

U.S. private equity firm Ripplewood said on Tuesday it was planning to list a special purpose acquisition company (SPAC) in Amsterdam in what will be this year's second listing of a blank cheque vehicle on the Dutch stock exchange.

Health authorities around the world are investigating a mysterious increase in severe cases of hepatitis - inflammation of the liver - in young children.

Chinese nationals among four killed by woman suicide bomber in Pakistan

Ukrainian town draws inspiration from anarchist hero

TPG Growth, the middle market-focused arm of U.S. private equity firm TPG, has bought a majority stake in proxy firm Morrow Sodali, the companies said, without detailing terms.

The tech-heavy Nasdaq slumped more than 2% on Tuesday as nerves around Big Tech earnings this week added to worries over slowing global growth and a more hawkish Federal Reserve.

The tech-heavy Nasdaq led Wall Street lower on Tuesday with a 3% slump, as nerves ahead of earnings from megacap growth and technology companies added to concerns over slowing global growth and a more aggressive Federal Reserve.

Wall Street tumbled on Tuesday, led lower by the Nasdaq as investors worried about slowing global growth and a more aggressive Federal Reserve, and with quarterly reports from Alphabet and Microsoft on tap after the bell.

Wall Street ended sharply lower on Tuesday, led by the Nasdaq as investors worried about slowing global growth and a more aggressive Federal Reserve, and with Alphabet and Microsoft falling ahead of their quarterly reports to be released after the bell.

Wall Street ended sharply lower on Tuesday, with the Nasdaq closing at its lowest since December 2020 as investors worried about slowing global growth and a more aggressive Federal Reserve.

'Speaking out': Russian musicians tour for Ukraine refugees

A Singapore court on Tuesday dismissed a last-ditch legal challenge by the mother of a Malaysian drug trafficker on death row, paving the way for his execution to be carried out on Wednesday as planned.

The new independent labor union at General Motors Co's largest plant in Mexico is seeking a 19.2% wage increase, citing surging inflation, and the U.S.

The new independent labor union at General Motors Co's largest plant in Mexico is seeking a 19.2% wage increase, citing surging inflation, and the U.S.

By Nilanjana Basu and Mike StoneAerospace and defense firm Raytheon Technologies Corp lowered its full-year revenue forecast on Tuesday, blaming the loss of sales to Russia due to Western sanctions imposed over the war in Ukraine.

Global supplies of key crop staples will remain tight for at least two years after harvest shortfalls in some countries and shipping disruptions triggered by Russia's invasion of Ukraine, Archer-Daniels-Midland Co said on Tuesday.

A bomb blast ripped through a passenger van carrying Chinese nationals in the southern Pakistani port city of Karachi on Tuesday, killing three of them and a Pakistani, police said.

A bomb blast on a minibus killed three Chinese employed at Karachi University's Confucius Institute on Tuesday, officials and police said, in the first major attack in Pakistan on nationals of long time ally China since last year.

A suspected female suicide bomber killed three Chinese teachers in Karachi on Tuesday, police and officials said, in the first major attack this year against nationals of long-time ally China working in Pakistan.

A suspected female suicide bomber killed three Chinese teachers in Karachi on Tuesday, police and officials said, drawing strong condemnation from Beijing, in the first major attack this year against nationals of long-time ally China working in Pakistan.

Malaysia should not cut its biodiesel mandate as it would lead to a crash in crude palm oil prices, a biodiesel producer group said on Tuesday, after Indonesia's export ban on the edible oil spurred concerns over its use in fuel versus food.

UN expects over 8 million Ukrainians to flee as refugees

One migrant died and 26 were missing after their dinghy capsized in the Atlantic Ocean off the coast of Spain's Canary Islands, the Spanish Coast Guard told Reuters on Tuesday.