IBT Staff Reporter

Telecom Italia (TIM) turned its back on a takeover approach from KKR on Thursday when it refused to grant the U.S. fund access to its books because it had not confirmed bid terms.

Exxon Mobil Corp and Chevron Corp paid their chief executives more than $22 million each last year, according to securities filings released on Thursday, the day after U.S.

US ends normal trade ties with Russia over Ukraine invasion

Woods launches unlikely Masters quest with one-under 71

Brazil's far-right President Jair Bolsonaro has cut leftist rival Luiz Inacio Lula da Silva's lead by one-third ahead of October's election, gaining ground as former judge Sergio Moro appears to be out of the race, a poll showed Thursday.

U.S. House of Representatives Speaker Nancy Pelosi has tested positive for COVID-19 and is currently asymptomatic, her spokesman said on Thursday.

Amazon.com Inc., the world's biggest retailer, will face a shareholder vote calling for an independent audit of its treatment of warehouse workers after the top U.S.

The U.S. Justice Department has launched an early-stage investigation into former President Donald Trump's removal of official presidential records to his Mar-a-Lago Florida estate, a source familiar with the matter said on Thursday.

Inter-American Development Bank directors have met to discuss accusations in an anonymous email that the bank's president, Mauricio Claver-Carone, carried out an intimate relationship with a staffer, three sources said.

Laden with bags, trolleys and the odd pet, Ukrainians are returning to the capital Kyiv, some tearful, others nervous about going home after Russian troops withdrew from the outskirts of their city.

U.S. private equity firm KKR & Co Inc plans to take Japanese chip equipment maker Kokusai Electric Corp public in an IPO as early as June, three sources said, in what is likely to be Tokyo's biggest listing in more than three years.

The U.S. Senate was set on Thursday to confirm Ketanji Brown Jackson as the first Black woman to serve on the Supreme Court, a milestone for the United States as President Joe Biden seeks to infuse the federal judiciary with a broader range of backgrounds.

Ketanji Brown Jackson was confirmed by the Senate on Thursday as the first Black woman to serve on the Supreme Court in a milestone for the United States and a victory for President Joe Biden, who made good on a campaign promise as he seeks to infuse the federal judiciary with a broader range of backgrounds.

Pakistan's central bank raised its policy rate by 250 basis points to 12.25% in an emergency meeting on Thursday, the bank said in a statement, the biggest hike in years.

The U.S. Commerce Department stepped up its crackdown against Russian airlines on Thursday, slapping Aeroflot , Azur Air, and UTair with enforcement actions for violating American export controls issued after Russia's invasion of Ukraine.

Set in a quiet, tree-lined neighbourhood of the Ukrainian town of Bucha, an apartment complex on Vodoprovidna street has neatly trimmed verges with pedestrian walkways.

Divisions between Italy's political parties and ambivalence among its public over the war in Ukraine could become a weak link in the West's efforts to present a united front against Russia, analysts say.

UN inaction on China abuses 'huge disappointment': Uyghur campaigner

The premium for aluminium shipments to Japanese buyers for April to June was set at $172 a tonne, down 2.8% from the previous quarter, as weak demand in Japan and China outweighed concerns of supply disruptions from Russia, five sources said.

Spat over AU envoy drives new wedge between Somalia's leaders

The S&P 500 and the Dow slipped on Thursday, with shares of banks, industrials and airlines leading declines on concerns that the Federal Reserve's aggressive monetary policy might weigh on economic growth.

Wall Street's main indexes fell for a third straight session on Thursday, as growth stocks extended losses on concerns over a more hawkish Federal Reserve and the war in Ukraine.

Wall Street was mixed on Thursday, with Amazon and Nvidia weighing on the Nasdaq and Pfizer lifting the S&P 500 as investors eyed the war in Ukraine and a potentially more aggressive Federal Reserve.

The S&P 500 ended higher on Thursday, with Pfizer and Tesla fueling a late-session rally while investors eyed the war in Ukraine and a potentially more aggressive Federal Reserve.

Facebook-owner Meta has removed hacking campaigns, influence networks and scam operations amid the war in Ukraine, according to a report released on Thursday by the social media company, which also said it was reviewing additional steps to address misinformation from Russian government pages.

Renault chief Luca de Meo wants to press ahead with plans to create separate divisions for electric (EV) and combustion engine vehicles despite potentially costly uncertainty over its interests in Russia, three sources told Reuters.

The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to "horrendous" hikes in the cost of renewing policies, the chief executive of major lessor BOC Aviation Ltd said on Thursday.

Germany's lower house of parliament on Thursday voted against a law compelling anyone over 60 years of age to get a vaccination against COVID-19 in a defeat for Chancellor Olaf Scholz.

Germany's lower house of parliament on Thursday voted against a bill requiring anyone aged 60 and over to get vaccinated against COVID-19 in a defeat for Chancellor Olaf Scholz.