IBT Staff Reporter

Some of the estimated 1,000 seafarers trapped in Ukraine have escaped, the International Labour Organization (ILO) and industry officials told Reuters, while voicing concern for those remaining trapped onboard ships or unaccounted for.

An elderly couple died in their home as they tried to evacuate a wildfire in Ruidoso, New Mexico, that has destroyed hundreds of houses and forced thousands to flee the mountain town, local officials said.

Frustration is growing among German Chancellor Olaf Scholz's junior coalition partners over what they say are shortcomings in his leadership on Ukraine, an internal rift that risks undermining Western unity against Russia.

Without official aid, Durban flood victims dig themselves out

The International Monetary Fund will cut its global growth estimates for 2022 and 2023 as Russia's war in Ukraine drives food and energy prices higher

Pakistan's new government is in internal discussions on whether to roll back fuel and power subsidies in the stuttering economy, officials said, as the industry regulator advised a huge hike to match global prices.

Pakistan's new government on Friday decided not to roll back billions in fuel subsidies for the time being despite the strain on public funds, citing the possible backlash if it were to raise fuel prices just days after taking power.

In the patio of an evangelical youth group in the rough suburbs of Rio de Janeiro one recent weekday afternoon, 18-year-old Vitoria Rodrigues opened up her laptop and began to register young voters for Brazil's upcoming elections.

Citigroup Inc posted a 46% plunge in first-quarter profit on Thursday as it took hits from provisions for Russia-related losses, a slump in underwriting fees and higher expenses.

Citigroup Inc could lose as much as $3 billion from its Russia exposures, $2 billion less than previously forecast, the bank said on Thursday while reporting a nearly halving of its first-quarter profit.

The once bustling border crossing of Imatra, on Finland's frontier with Russia, now stands idle as the town's inhabitants cast a nervous eye towards their giant eastern neighbour following its invasion of Ukraine.

Morgan Stanley outperformed rival Goldman Sachs in M&A advisory and its traders fared better than expectations, helping the investment banking powerhouse beat first-quarter profit estimates by a wide margin.

Automaker Stellantis has signed a multiyear deal to use Qualcomm's next-generation connected-car technology in its vehicle lineup, the companies said on Thursday.

Elon Musk launches hostile takeover bid for Twitter

In late February, on a cold night in Kharkiv, Viktoria Naumenko caught a bus to a bar where two of her closest friends were waiting to tell her about their engagement.

Sri Lanka's creditors face losing a third to half of their investment in the country's dollar bonds, after the government announced it would restructure $11 billion worth of debt, the first such financial shake-up in its modern history.

UBS Group AG has appointed a new manager to oversee a $2 billion Asian high yield fund, the Swiss bank said in a statement, after a five-month hiatus in top leadership at the fund that was hit hard by China's property sector debt crisis.

The Nasdaq and the S&P 500 fell on Thursday as rising yields weighed on megacap growth stocks, while a slew of Wall Street lenders reported mixed earnings on the last day of a holiday-shortened week.

Letizia Battaglia, a world-renowned photographer whose courageous work documenting the Mafia's stranglehold on her native Sicily was at once chilling and poignant, has died.

341 dead in S.Africa floods as hunt for survivors widens

Sri Lankans abandon holiday celebrations for protests

Global COVID-19 cases surpassed 500 million on Thursday, according to a Reuters tally, as the highly contagious BA.2 sub-variant of Omicron surges in many countries in Europe and Asia.

Elon Musk took aim at Twitter with a $41 billion cash offer on Thursday, with the Tesla CEO and billionaire entrepreneur saying the social media giant needs to be taken private to grow and become a platform for free speech.

Billionaire entrepreneur Elon Musk took aim at Twitter Inc with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media company needs to be taken private to grow and become a platform for free speech.

Billionaire entrepreneur Elon Musk took aim at Twitter Inc with a $43 billion cash takeover offer on Thursday, with the Tesla CEO saying the social media company needs to be taken private to grow and become a platform for free speech.

U.S. oil production forecasts are being revised upwards despite labor and supply chain constraints as higher prices spur more drilling and well completion activity, according to industry experts.

Genocide: legal term source of political controversy

Iran is starting to operate a new workshop at Natanz that will make parts for uranium-enriching centrifuges with machines moved there from its now-closed Karaj facility, the U.N.

Oreo-maker Mondelez, Nestle and PepsiCo face pushback from workers in Ukraine and eastern Europe angered by the companies' decisions to maintain some business in Russia, according to internal corporate communications reviewed by Reuters and interviews with six workers.