IBT Staff Reporter

Craig Fuller monitors millions of transactions between U.S.

The U.S. Supreme Court on Monday addresses the religious rights of government employees as it weighs an appeal by a Christian former public high school football coach in Washington state who was suspended from his job for refusing to stop leading prayers with players on the field after games.

The U.S. Supreme Court on Monday weighed the religious rights of government employees as it considered an appeal by a Christian former public high school football coach in Washington state who was suspended from his job for refusing to stop leading prayers with players on the field after games.

The U.S. Supreme Court on Monday appeared receptive to making it easier for public school employees to more freely express their religious views, signaling it would side with a Christian former high school football coach in Washington state who refused to stop leading prayers with players on the field after games.

A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will be a central one for companies reporting results this week.

Former President Donald Trump is weighing how much to spend and how many Republican candidates to fund in this year's elections as he faces pressure to use his war chest to help Republicans gain control of Congress, two sources familiar with the matter said.

General Motors Co and Ford Motor Co will report first-quarter results this week in an environment that has become more hostile than executives projected when they last faced investors in January.

Indonesian government officials told palm oil companies on Monday that an export ban announced late last week would cover shipments of refined, bleached, deodorized (RBD) palm olein but not crude palm oil, two industry sources told Reuters.

Indonesia's agriculture ministry said on Monday that crude palm oil shipments would be excluded from a planned palm oil export ban, according to a copy of an official letter sent to local government leaders.

China's pursuit of zero Covid driving expats away

The quest for a universal coronavirus vaccine

Ukraine war exposes Russia military shortcomings: analysts

Mizuho Financial Group plans to beef up its U.S. operations for M&A advisory and equity underwriting, its chief executive said, as Japan's No.

The families of migrants who died when their vessel capsized Lebanon's northern coast held funerals in the port city of Tripoli on Monday while rescue efforts continued to find dozens still missing.

Chinese video game streaming site Huya has started laying off staff, three sources close to the matter said, as more of the country's technology companies scale back after a bruising regulatory crackdown.

A German-funded consortium of carmakers and battery producers, including BMW, Umicore and BASF, is to develop a "battery passport" that traces the content and carbon footprint of batteries in Europe, Germany's economy ministry said on Monday.

Sri Lanka shares plunge as Buddhist leaders ask govt to resign

Commodity stocks slumped 6% on Monday, leading sharp declines across European stock indexes as worries about an economic slowdown in China and rapid U.S.

Millions of fenced-in Shanghai residents entered their fourth week of a nerve-wracking COVID-19 lockdown, while authorities said on Monday they were looking to shift to a targeted enforcement of rules in smaller zones around confirmed cases.

Shanghai's COVID-19 lockdown misery dragged into a fourth week, as orders on Monday for mass testing in Beijing's biggest district sparked fears that the Chinese capital could be destined for a similar fate.

A mass COVID-19 testing order in Beijing's biggest district prompted residents in the Chinese capital to stock up on groceries, fearing they could be destined for a lockdown similar to that of Shanghai, which entered a fourth week of bitter isolation.

President Emmanuel Macron beat far-right challenger Marine Le Pen with a solid margin, final results showed on Monday, but he showed no triumphalism as he acknowledged widespread discontent and all eyes turned to the June parliamentary ballot.

Emmanuel Macron pledged to address deep divisions within France as results showed a clear presidential election win over Marine Le Pen, acknowledging that many had voted for him mainly to thwart his far-right challenger.

French President Emmanuel Macron enjoyed no respite on Monday as, hours after he won re-election by defeating the far right's Marine Le Pen, political opponents called on voters to deny him a parliamentary majority.

Turkish court jails Erdogan critic Kavala for life

Swiss drugmaker Roche's first quarter sales rose a better-than-expected 10% on strong U.S.

Roche's first-quarter sales rose 10% on strong U.S.

Hyundai Motor Co on Monday posted a 19% rise in first-quarter profit as favourable exchange rates offset a jump in raw material costs and a drop in sales caused by the prolonged global chip shortage.

Hyundai Motor Co posted a better-than-expected 19% rise in quarterly profit as favourable exchange rates more than made up for a jump in raw material costs and a drop in sales caused by the prolonged global chip shortage.