IBT Staff Reporter

A Bermuda court on Tuesday ruled former Georgian Prime Minister Bidzina Ivanishvili and his family are due damages "substantially in excess of $500 million" from Credit Suisse's local life insurance arm in a costly setback for the bank.

Negotiations on an ambitious biodiversity deal to halt or reverse nature loss drew to a close in Switzerland on Tuesday, with countries expected to agree to little more than further talks in June.

Negotiations on an ambitious biodiversity deal to halt or reverse nature loss drew to a close in Switzerland on Tuesday, with countries agreeing to little more than further talks in June.

Oil volatility 'worse' without OPEC+ bloc that includes Russia: Saudi

Russia retaliated in what it has called an "economic war" with the West on Tuesday by offering to buy back its $2 billion Eurobonds maturing next month in roubles rather than dollars.

Disinformation endangering Red Cross work in Ukraine: ICRC

Sony Group Corp's revamp of its PlayStation subscription service is a major step toward levelling the playing field with Microsoft's rival Game Pass, although holding back new releases may dampen enthusiasm, analysts say.

By Aftab Ahmed and Krishna N. DasNEW DELHI - Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, finding time to visit to one of the biggest buyers of Russian commodities since the international community began isolating Moscow for its invasion of Ukraine.

Russian hotel owner Mikhail Golubtsov says it was partly the shame he feels over Russia's invasion of Ukraine that persuaded him and his family to take in Ukrainians fleeing the fighting - 34 so far, and counting.

A supervisory body of Hong Kong's central bank has decided to replace a unit of State Street Corp as manager of the territory's largest exchange-traded fund of more than $14 billion, the first such move since the vehicle was launched more than two decades ago.

Britain has detained a Russian-owned $50 million superyacht hours before it was due to leave London where it had docked for a meeting of the superyacht awards, saying the move was part of its sanctions package aimed at punishing Moscow.

Russia said it would work out practical arrangements by Thursday for foreign companies to pay for its gas in roubles, raising the probability of supply disruptions as Western nations have so far rejected Moscow's demand for a currency switch.

Queen leads royals - including Andrew - in Prince Philip tribute

UK police to issue 20 initial 'Partygate' fines

Macron's lead takes fizz out of French election

Saving nature: Conserving 30% of the land, sea just the start

Analysts and investors of major Wall Street banks are eagerly anticipating any insight from executives on the outlook for consumer spending and borrowing, a key source of revenue, when first-quarter earnings are unveiled next month.

The energy ministers of Saudia Arabia and the United Arab Emirates, key members of OPEC+, said on Tuesday the producers' group should not engage in politics as pressure mounted on them to take action against Russia over its invasion of Ukraine.

A Russian rocket hit the regional administration building in the southern Ukrainian port city of Mykolaiv on Tuesday, killing at least seven people and wounding 22, local authorities said.

Everything changed for Ghanaian storekeeper Isaac Siaw when his telecoms provider launched mobile payments for business in 2017.

Ghana's parliament approved a new 1.5% tax on electronic payments, known as the "e-levy," on Tuesday after the opposition walked out in protest.

Blinken in Morocco for security talks, to meet UAE leader

Moved by footage of a father bidding a tearful farewell to his family, London taxi driver Matt Westfall felt compelled to do something to help those fleeing the conflict in Ukraine.

U.S. President Joe Biden plans to discuss Russia's invasion of Ukraine and China's role in the Indo-Pacific with Prime Minister Lee Hsien Loong of Singapore at the White House on Tuesday, a senior administration official said.

U.S. President Joe Biden discussed Russia's invasion of Ukraine and China's role in the Indo-Pacific with Prime Minister Lee Hsien Loong of Singapore at the White House on Tuesday.

U.S. President Joe Biden and Singapore Prime Minister Lee Hsien Loong, after talks at the White House, urged North Korea on Tuesday to halt its ballistic missile launches and return to negotiations over its weapons programs.

At least seven people were killed and several were missing after suspected bandits attacked a passenger train headed to the northern Nigerian city of Kaduna from the capital Abuja on Monday night, a passenger and a security source said.

Aminu Sani was travelling by rail to see his newborn baby in the northern Nigerian city of Kaduna on Monday night when a loud blast shook the train and gunfire followed, forcing passengers to take cover on the floor.

France and Germany saw bigger than expected drops in consumer confidence this month as government steps to help with rising fuel costs and other inflation gave little relief following the impact of Russia's invasion of Ukraine, surveys showed on Tuesday.