IBT Staff Reporter

Spain's biggest bank Santander reported a surge in first-quarter profit on Tuesday and reiterated financial targets for 2022, buoyed by higher revenues in Europe which offset rising costs in South America.

Santander reported a surge in first-quarter profit on Tuesday and reiterated financial targets for 2022, buoyed by higher revenues in Europe though higher costs and lending pressure in Brazil weighed on its shares.

HSBC profits slide as Ukraine war worsens inflation

Computers using light rather than electric currents for processing, only years ago seen as research projects, are gaining traction and startups that have solved the engineering challenge of using photons in chips are getting big funding.

UBS rode strong trading income to post its best first-quarter net profit in 15 years on Tuesday, while signalling its wealth management clients will continue to remain cautious in the coming months due to geopolitical and macro-economic uncertainties.

On the eastern front, Ukraine struggles to keep up morale

HSBC Holdings posted a 27% drop in quarterly profit on Tuesday and nixed the possibility of more buybacks this year, while it blamed rising inflation and economic uncertainty due to the Russia-Ukraine conflict for denting its prospects.

HSBC has shelved plans for fresh stock buybacks this year after reporting an unexpected hit to its capital on Tuesday, as a cocktail of rising inflation, geopolitical drama and economic weakness dented its prospects.

HSBC has shelved plans for new stock buybacks this year after reporting an unexpected hit to its capital on Tuesday, as a cocktail of rising inflation, geopolitical tensions and economic weakness dented its prospects.

A delegation of foreign policy aides to South Korea's president-elect met Japanese Prime Minister Fumio Kishida on Tuesday, officials said, as both of the U.S.

Top radio chief sees Russia 'thrown back 40 years'

Beijing expands mass testing as lockdown fears grow

Gold rose on Tuesday as the dollar edged lower, with palladium also rebounding after concerns over reduced demand due to COVID lockdowns in China drove prices to a near one-month low in the previous session.

Gold prices climbed on Tuesday as investors sought the safe-haven asset amid fears over global growth and soaring inflation, though bets of aggressive U.S.

Gold prices rose on Tuesday as investors sought the safe-haven asset amid fears over global growth and soaring inflation, though bets of aggressive U.S.

Gold rose on Tuesday, recovering slightly from a retreat to an over one-month trough in the last session, as investors sought cover from fears of stalling global growth and soaring inflation.

The United States wants to expand security cooperation with the Pacific island nation of Papua New Guinea, a U.S.

At military parade, Kim vows to boost North Korea nuclear arsenal

Overuse and climate change kill off Iraq's Sawa Lake

Musk-ruled Twitter: users left to fight trolls and misinformation?

Asian shares bounced up on Tuesday after a late revival on Wall Street, though global growth fears stoked by China's strict COVID-19 curbs and an expected streak of aggressive Federal Reserve tightening sapped risk appetite.

World shares steadied on Tuesday after a late revival on Wall Street, although global growth fears stoked by China's COVID-19 curbs and fears of aggressive Fed tightening sapped risk appetite, lifting the dollar to new two-year highs.

World shares steadied on Tuesday after a late revival on Wall Street, although global growth fears stoked by China's COVID-19 curbs and fears of aggressive Fed tightening sapped risk appetite, lifting the dollar to new two-year highs.

World shares gave back earlier gains on Tuesday and Wall Street fell, as investors awaited Big Tech earnings and worries over global growth lingered.

U.S. shares fell on Tuesday and European stocks extended losses for a third session as investors warily awaited U.S. tech earnings and worries over global growth lingered.

U.S. shares tumbled on Tuesday, with the Nasdaq posting its steepest one-day rout since September 2008, while European stocks extended losses for a third session as investors warily awaited U.S.

US moving 'heaven and earth' for Ukraine to defeat Russia

North Korea will speed up development of its nuclear arsenal, leader Kim Jong Un said while overseeing a huge military parade that displayed intercontinental ballistic missiles (ICBMs) and other weapons, state media reported on Tuesday.

North Korea will speed up development of its nuclear arsenal, leader Kim Jong Un said while overseeing a huge military parade that displayed intercontinental ballistic missiles (ICBMs) and other weapons, state media reported on Tuesday.