IBT Staff Reporter

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EU Embargo On Russian Oil, Gas Will Take 'Months'

Russian oil and gas sales to the EU account for a far higher amount of revenue: between a quarter of a billion to a billion euros per day, per different estimates.

A young woman walks past an official campaign poster of Jean-LucÂ Melenchon, leader of the far-left opposition party LaÂ FranceÂ Insoumise (FranceÂ Unbowed - LFI) and L'Union populaire (popular union) candidate in the 2022 French presidential election, in

Paris Suburb Feels Little Love For Either Presidential Candidate

Boxing coach Kab Thiam has voted in a French election twice: in 2002 to block the far right's Jean-Marie Le Pen from power and again last Sunday for the hard left's presidential candidate.

The soccer boots of AC Milan's David Beckham are seen during their Italian Serie A soccer match against Fiorentina at San Siro stadium in Milan January 17, 2009.

Investcorp In Exclusive Talks To Buy AC Milan - Source

Asset manager Investcorp has entered into exclusive talks to purchase Italian club AC Milan, a source close to the deal told Reuters on Friday.

Exclusive: Investcorp In Exclusive Talks To Buy AC Milan - Sources

Bahrain-domiciled asset manager Investcorp has entered into exclusive talks to purchase Serie A club AC Milan, sources said on Friday, in what would be the first takeover of a top Italian team by Middle East investors.

Soccer-Investcorp In Exclusive Talks To Buy AC Milan - Sources

Soccer Football - Champions League - Quarter Final - First Leg - Chelsea v Real Madrid - Stamford Bridge, London, Britain - April 6, 2022 General view of Chelsea fans inside the stadium before the match Action Images via Reuters/Peter Cziborra/Files

Ricketts Consortium Pulls Out Of Chelsea Bid Race

A consortium led by Chicago Cubs owners the Ricketts family has pulled out of the running to buy Premier League club Chelsea, the family said on Friday, leaving three bidders remaining.

Russia said the number and scale of missile strikes against targets in Kyiv will increase "in response to any terrorist attacks or sabotage committed by the Kyiv nationalist regime on Russian territory"

Russia Hits Kyiv Missile Factory After Flagship Sunk

Russia hits Kyiv missile factory after flagship sunk

At least 341 people have died in South Africa's "unprecedented" floods

S.Africa Flood Toll Nears 400 As Rescuers Search For Missing

S.Africa flood toll nears 400 as rescuers search for missing

An engineer cleans an Airbus 340 at the Sri Lankan Airlines maintenance hangar at the international airport in Katunayake, 30 km (19 miles) north of Colombo, February 10, 2014.

Plan By SriLankan Airlines To Lease 21 Aircraft Draws Criticism

A plan by Sri Lanka's state-owned national airline to lease nearly two dozen aircraft has sparked public criticism and opposition condemnation as the country struggles with its worst financial crisis in decades.

An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013.

Biden To Nominate Former Treasury Official Barr For Fed Top Regulatory Job

President Joe Biden on Friday said he would nominate former Treasury official Michael Barr to be the U.S.

Spanish legionnaires carry a statue of the Christ of Mena outside a church, during a ceremony ahead of the Mena brotherhood procession, after processions were cancelled for the last two years due to the coronavirus disease (COVID-19) pandemic, in Malaga,

Crowds Throng Seville As Curb-free Easter Processions Return To Spain

For the first time since the COVID-19 pandemic began, crowds thronged the streets of Seville as one of Spain's most iconic Easter processions wound its way through the city from midnight free of social distancing curbs.

Zinaida Makishaiva, 82, who survived the Russian occupation, stands with Volodymyr Maksuta, 62, beside the grave of their neighbour, Yurii Ostapchuk, who they say was killed by Russian troops while he was trying to extinguish a fire after Russian soldiers

Behind Enemy Lines, Ukrainian Woman Survives With Her Chickens

After surviving World War Two and the fall of the Soviet Union, among other seismic events, Zinaida Makishaiva now has her chickens to thank for getting through her most recent ordeal - the brief but brutal occupation of her town by Russian troops.

The Palestinian Red Crescent said at least 20 people have been wounded, while Israeli police said three officers were hurt

More Than 150 Hurt In Jerusalem Clashes As Religious Festivals Overlap

More than 150 hurt in Jerusalem clashes as religious festivals overlap

Signs demanding the return of a group of islands, called the Northern Territories in Japanese and the Kuril Islands in Russian, are displayed at Hanasaki Port, in Nemuro on Japan's northern island of Hokkaido April 12, 2022. Picture taken April 12, 2022.

For Japanese Fishing Town Of Nemuro, Moscow Holds Key To Survival

Japanese fisherman Tsuruyuki Hansaku was barely out of high school when he served 10 months in a Soviet prison, arrested at sea on his father's boat for catching cod in what the Russians considered their territory.

New Apple products go on sale at flagship Apple Store in New York

Apple, Others Face Shipment Delays As China COVID Curbs Squeeze Suppliers - Analysts

Shipments of some Apple products, as well as Dell and Lenovo laptops are likely to face delays if China's COVID-19 lockdowns persist, analysts said, as curbs force assemblers to shut down and closed-loop arrangements get harder to maintain.

A man wearing a protective mask walks past the Church of St. Louis of the French (San Luigi dei Francesi) in Rome on March 1, 2020

BOJ Likely To Raise Inflation Forecast Near 2%, Vow To Keep Easy Policy - Sources

The Bank of Japan (BOJ) is likely to raise its inflation forecast for this fiscal year to near 2% at this month's policy meeting as global commodity inflation drives up energy and food costs, said three sources familiar with the bank's thinking.

A security guard in personal protective equipment (PPE) walks at a main shopping area following the coronavirus disease (COVID-19) outbreak in Shanghai, China March 29, 2022.

Growing Defiance Of COVID Curbs In China Brings Wave Of Arrests

Sun Jian, a 37-year-old master's degree student in the Chinese city of Yantai, for months staged a solo campaign against his university's COVID-19 prevention measures, including blistering criticism on social media.

A view shows a torn flag of Ukraine hung on a wire in front an apartment building destroyed during Ukraine-Russia conflict in the southern port city of Mariupol, Ukraine April 14, 2022.

'Fortress In A City': Ukrainians Cling On At Steel Plant In Mariupol

Explosions rumbled and smoke rose this week from a steel making district in besieged Mariupol where dwindling Ukrainian forces are holed up as Russia tries to take full control of its biggest city yet.

Workers make beds at a 17-storey office building to convert it into a makeshift hospital for the coronavirus disease (COVID-19), in Shanghai, China April 12, 2022. China Daily via REUTERS

Shanghai Turns Residences Into COVID Isolation Facilities, Sparking Protest

Shanghai is converting residential buildings into quarantine centres to house a mounting number of COVID-19 cases, but the move is sparking anger and protest from neighbours worried they are being put at increased risk of infection.

Some devotees in the mainly Catholic Philippines go to extreme lengths to atone for sins or seek divine intervention

Religious Whipping Marks Good Friday In The Philippines

Religious whipping marks Good Friday in the Philippines

Russian soldiers patrol in the bombed Mariupol theatre during a media tour organised by Russia

In Mariupol, Destroyed Buildings And Fresh Graves

In Mariupol, destroyed buildings and fresh graves

Pigs express positive feelings in short grunts

Researchers Decode Pigs' Well-being Through Oinks And Grunts

Researchers decode pigs' well-being through oinks and grunts

U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022.

Hawkish Fedspeak Keeps Dollar King, Yen Slumps To 20-year Low

The greenback was 0.43% higher at 126.40 yen after earlier reaching 126.56 for the first time since May 2002. The euro slipped 0.14% to $1.0812, heading back toward the overnight low of $1.0785, a level unseen since April 2020.