IBT Staff Reporter

A Ukrainian mayor described hours of "hard" interrogations when held for almost a week by Russian forces last month and said he had appealed to the pope for help to stop a war that had wrecked swathes of his city in southern Ukraine.

Deadly strike disrupts relative safety of Ukraine's Lviv

Johnson & Johnson said on Monday it agreed to pay $99 million to settle claims by West Virginia that it helped fuel an opioid addiction crisis in the state, removing the company from an ongoing trial that began earlier this month.

A Mexican union on Monday asked the U.S. government to investigate a Panasonic plant for alleged worker rights abuses, the latest in a series of disputes seeking to leverage a new trade deal to improve workplace conditions in Mexico.

US announces global Covid summit May 12

The benchmark S&P 500 rose on Monday as Bank of America wrapped up earnings from big U.S.

U.S. stocks fell on Monday as bond yields surged to three-year highs on expectations of an aggressive tightening in monetary policy, while financials rose after Bank of America rounded out earnings for big Wall Street banks with a profit beat.

U.S. stocks moved into positive territory in early afternoon trading on Monday, as a profit beat from Bank of America rounded out earnings season for the big Wall Street banks and added further momentum to financial stocks.

South Africa floods declared national disaster

The Russian invasion of Ukraine is making Cuba's three-year-old foreign exchange crisis worse as import costs jump, undermining an incipient recovery and threatening more hardship for residents, according to economic experts and businessmen.

Thousands of South African soldiers will help with relief efforts in KwaZulu-Natal province, where more than 440 people have died in floods and mudslides and dozens more are missing.

A build-up of wagons at border crossings and closures during the Easter holidays have prompted Ukraine to temporarily restrict goods supplies from Ukraine to Poland and Romania by rail, a senior representative of the Ukrainian railways said on Monday.

Reports of two patients who found relief from long COVID after taking Pfizer Inc's antiviral Paxlovid, including a researcher who tested it on herself, provide intriguing evidence for clinical trials to help those suffering from the debilitating condition, experts and advocates say.

Sri Lanka leader trims cabinet of relatives ahead of IMF talks

Russia's forces may have pulled back in some parts of Ukraine more than a week ago, but the territorial defence force in the northern Sumy region is training and bracing for further attacks.

The Indian rupee dropped on Monday to its lowest in nearly a month against the dollar, tracking losses in the stock market and weighed by sharp gains in global crude oil prices, while bond yields pulled back from session highs on short-covering.

Sri Lanka's President Gotabaya Rajapaksa expanded his cabinet with 17 new ministers on Monday, but they did not include members of his family who were dropped as protests erupted over the government's handling of a devastating economic crisis.

Sri Lanka's President Gotabaya Rajapaksa announced 17 new ministerial appointments on Monday - but notably left out some members of his own family in the wake of protests over the government's handling of a devastating economic crisis.

Sri Lanka's embattled president announced 17 new ministerial appointments on Monday, notably leaving out members of his own family, and expressed regret for his government's handling of a devastating economic crisis that has led to widespread protests.

Syrian war drama makes TV breakthrough on Saudi-owned channel

West vows more arms, sanctions over new Russian offensive

The world's second-biggest economy had lost steam in the latter half of last year with a property slump and regulatory crackdowns, pulling down growth.

The yen won a brief reprieve after hitting fresh two-decade lows from Japanese policymaker comments on Monday, even as holidays confined the U.S.

The dollar edged higher on Monday in thin and choppy trading, in line with higher U.S.

Shanghai health officials noted Sunday less than two-thirds of residents over 60 had received two Covid jabs and less than 40 percent had received a booster.

Gold prices rose on Monday to their highest since mid-March, as the Russia-Ukraine crisis soured risk sentiment and drove investors to the safety of bullion.

Gold prices rose on Monday to their highest since mid-March, as the uncertainty surrounding the Russia-Ukraine conflict dampened risk sentiment and drove investors towards the safety of bullion.

Gold prices jumped about 1% to a more than one-month high on Monday as concerns over the economic fallout from the Russia-Ukraine war and surging inflation drove investors to the safe-haven asset.

Gold rose to a one-month high on Monday, just shy of the $2,000 an ounce level, as concerns around the Russia-Ukraine conflict and rising inflationary pressures increased safe-haven bids for the precious metal.