IBT Staff Reporter

The chances of U.S. fund KKR pushing ahead with a firm bid for Telecom Italia (TIM) appeared to fade further on Tuesday, with the two sides deadlocked over access to the company's books.

The chances of the U.S. fund KKR pushing ahead with a firm bid for Telecom Italia (TIM) faded, with the two sides deadlocked on Tuesday over access to the company's books.

JPMorgan boss Jamie Dimon warned on Monday that the bank could lose about $1 billion on its Russia exposure, the first time it has detailed the extent of its potential losses resulting from the conflict in Ukraine.

JPMorgan could lose about $1 billion on its Russia exposure, Chief Executive Jamie Dimon said on Monday, detailing the extent of the bank's potential losses from the conflict in Ukraine for the first time.

Russia maintained gas flows through key pipeline routes into Europe on Monday, despite uncertainty over payment terms and as European leaders urged further sanctions against Moscow amid allegations of war crimes in Ukraine.

Pakistan's top court adjourns as constitutional crisis rages

Turkish inflation hits fresh record at 61.1 percent

Western diplomats have expressed concern about separating children from their parents as part of COVID curbs - a situation that has arisen in Shanghai as the government tries to stamp out the spread of the virus.

Ted Baker is open to selling itself at the right price after seeing a flurry of takeover interest, the British fashion retailer said on Monday in the wake of a robust rebound from the pandemic.

Gold prices were steady on Monday as the dollar and Treasury yields firmed following a solid U.S.

Gold prices edged higher on Monday, as the war in Ukraine and risk-off sentiment in wider stock markets bolstered safe-haven demand for the metal, although elevated U.S.

Gold edged higher on Monday as the prospect of further sanctions on Russia over its invasion of Ukraine knocked stock markets and blunted appetite for risk, though elevated U.S.

Gold rose on Monday as the prospect of further sanctions on Russia over its invasion of Ukraine bolstered bullion's safe-haven appeal, though a stronger dollar and rising U.S.

Gold rose on Monday as investors sought the safe-haven asset amid prospects that Western nations would add more sanctions on Russia over its invasion of Ukraine, though a stronger dollar and rising U.S.

Gold rose on Monday as investors sought the safe-haven asset amid prospects of Western countries imposing more sanctions on Russia over its invasion of Ukraine and likely higher inflation, though a stronger dollar and rising U.S.

Viruses that could save millions of lives

Turkey's annual consumer inflation leapt to a 20-year high of 61.14% in March, data showed on Monday, fuelled by rising energy and commodity prices as the fallout of the Russia-Ukraine conflict compounds the impact of the lira's plunge last year.

European shares gave up early gains to trade flat on Monday with investors keeping an eye out for more Western sanctions after Ukraine accused Russia of war crimes.

European shares gained on Monday with tech stocks rallying more than 2%, while investors kept an eye out for more Western sanctions after Ukraine accused Russia of war crimes.

In a quiet corner of the French Riviera, La Ciotat Shipyards said it is writing bills for mooring fees for the towering white superyacht Amore Vero, but it doesn't know who to send them to.

Sri Lanka opposition rejects unity offer, demands president resign

Ireland's Ryanair narrowed the range for its forecast annual loss on Monday as passenger numbers topped pre-pandemic levels for the first time ahead of the key Easter holiday period.

British financial regulators launched a sweeping probe on Monday into how the London Metal Exchange (LME) suspended chaotic nickel trading last month, a move that prompted angry protests from market participants and damaged the exchange's reputation.

Economist Rodrigo Chaves extended a hand to the opposition upon winning the Costa Rican presidency on Sunday after a bruising election campaign in which the former World Bank official vowed to break with traditional politics.

Incoming Costa Rican president Rodrigo Chaves on Monday vowed to rework a $1.78 billion financial support package from the International Monetary Fund (IMF)

It will probably come good one day, but hedge funds' latest attempt to position for a steeper U.S. yield curve has once again backfired badly.

Grammys night: Tributes, digs and a Ukraine moment, but no slaps

Pakistan's top court is due to meet on Monday to consider a bid by Prime Minister Imran Khan to call a general election after his party blocked a no-confidence vote and he dissolved parliament to prevent an opposition attempt to oust him.

Pakistan's top court began hearing arguments on Monday on the legality of Prime Minister Imran Khan calling a general election after his party blocked a no-confidence vote and he dissolved parliament to prevent an opposition attempt to oust him.