IBT Staff Reporter

Nigerian vice president Yemi Osinbajo will seek the ruling All Progressives Party (APC) ticket to run for president next February, he said on Twitter on Monday, as he bids to succeed his boss Muhammadu Buhari in Africa's top oil producer.

Nigerian vice president Yemi Osinbajo said on Monday he wanted to run for president next February on the ruling All Progressives Party ticket but faces a challenge from another party stalwart who said he also wanted to join the race.

India's HDFC Bank and some foreign banks have stopped offering trade credit for oil imports to Nayara Energy, a Russian-backed refiner, and some suppliers are seeking payment upfront to avoid potential problems resulting from western sanctions against Moscow, four banking and industry sources said.

India's HDFC Bank and some foreign banks have stopped offering trade credit for oil imports to Nayara Energy, a Russian-backed refiner, and some suppliers are seeking payment upfront to avoid potential problems resulting from western sanctions against Moscow, four banking and industry sources said.

For the U.S. bond market, the first quarter was marked by historically high volatility and the poorest performance in decades.

For the U.S. bond market, the first quarter was marked by historically high volatility and the poorest performance in decades.

French bank Societe Generale to sell Russia unit to oligarch

President Joe Biden told Indian Prime Minister Narendra Modi that buying more oil from Russia was not in India's interest and could hamper the U.S.

The Vatican is studying the possibility of extending Pope Francis' trip to Lebanon in June so he can fly to Jerusalem to meet there Russian Orthodox Patriarch Kirill, who has backed Russia's war in Ukraine, two sources told Reuters on Monday.

Italy plans to beef up its scrutiny of corporate takeovers with a new dedicated division at the cabinet office to oversee merger deals involving strategic companies, two sources close to the matter told Reuters.

Five takeaways from France's presidential election

Italian government forecasts showing a steady decline in education spending triggered an angry reaction on Monday from the country's trade unions, which threatened strikes and protests.

Austrian Chancellor Karl Nehammer held "very direct, open and tough" talks with Russian President Vladimir Putin in Moscow on Monday, in Putin's first meeting with a European Union leader since the invasion of Ukraine started more than six weeks ago.

Austrian Chancellor Karl Nehammer held "very direct, open and tough" talks with Russian President Vladimir Putin near Moscow on Monday, in Putin's first meeting with a European Union leader since the invasion of Ukraine started more than six weeks ago.

Gas tank graveyard has Mexico City residents up in arms

Biden, Modi in 'candid' Ukraine war talks as Indian stance frustrates US

Israel army launches new raids around flashpoint W.Bank city

Serbia plans to purchase Rafale multipurpose fighter jets from France, President Aleksandar Vucic said on Monday, which experts saw as the latest sign of Belgrade distancing itself from its traditional military supplier and ally Russia.

EU seeks unity amid calls for fresh sanctions on Russia

Biden, Modi to meet virtually Monday over Ukraine

Traders are diverting coffee shipments that were initially expected to go to Russia, and some have stopped selling to that market altogether, attendees at a U.S.

French Greens face crisis after failed presidential bid

The World Health Organization said on Monday it is tracking a few dozen cases of two new sub-variants of the highly transmissible Omicron strain of the coronavirus to assess whether they are more infectious or dangerous.

Portfolio investors sold petroleum last week as a slowing economy in China and Europe and a massive release of strategic stocks by the United States outweighed concerns about the disruption of exports from Russia.

Portfolio investors sold petroleum last week as a slowing economy in China and Europe and a massive release of strategic stocks by the United States outweighed concerns about the disruption of exports from Russia.

Lithuania wants the NATO battalions in the Baltic countries to be expanded into brigades, the country's defence ministry said on Monday.

U.S. shares were set to open sharply lower on Monday, dragged down by high-growth stocks as Treasury yields surged, ahead of Tuesday's inflation data that could back a more hawkish stance from the Federal Reserve.

The Nasdaq fell more than 1% on Monday, leading Wall Street's main indexes lower, as rising bond yields weighed on megacap stocks such as Microsoft and Apple with investors on edge ahead of Tuesday's inflation data.

The S&P and the Nasdaq fell more than 1% on Monday as rising bond yields weighed on megacap growth stocks such as Microsoft, Alphabet and Apple, with investors on edge ahead of Tuesday's inflation data.