IBT Staff Reporter

Rebel challengers to Generali's current management pledged to increase earnings by a double-digit percentage and free more cash for takeovers, setting out their plans for Italy's largest insurer before a showdown next month.

The hit to Europe from an economic war with Russia over its invasion of Ukraine pales against the blow to Moscow - but another recession may still be the price to pay.

The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine conflict is stark evidence of a stubborn craving that can still disrupt economies, confound policymakers and spark political strife.

Hong Kong leader Carrie Lam rejected a Bar Association nominee to a discreet panel that selects the city's judges and appointed the Bar's new chairman instead, the barristers' body said on Friday, announcing what was an unprecedented switch.

How European rulings imperil flagship Google product

Australia declares 'mass bleaching' at Great Barrier Reef

Instacart Inc on Thursday slashed its valuation by nearly 40% to about $24 billion due to recent market turbulence, underscoring the difficulties U.S.

Instacart Inc on late Thursday cut its valuation by nearly 40% to about $24 billion due to recent market turbulence, in an unusual move that shows how public market volatility affects high-flying private companies.The new valuation marks a substantial drop from last March, when the grocery delivery firm was valued at $39 billion in a $265 million funding round from existing investors including Andreessen Horowitz and Sequoia Capital, as the coronavirus pandemic was raging and doorstep delivery boomed.

Polish businesses face labour shortage after Ukraine war

German farmers in Ukraine press ahead in defiance of war

The board of the International Monetary Fund on Friday approved a new agreement with Argentina for $45 billion, three sources with direct knowledge said, clearing the final hurdle to rework the country's debt with the Washington-based lender.

Tigray rebels agree 'cessation of hostilities'

China has launched an investigation into the crash of a China Eastern Airlines jet that plunged rapidly from cruising altitude into a mountainside with 132 people on board.

The Federal Reserve's hawkish tilt has shaken up the bond market, with Treasuries recording their worst start to the year in history.

Japan's hardcore train fans accused of going off the rails

Cartel war rocks Mexico's Baroque jewel Zacatecas

Chinese Foreign Minister Wang Yi will meet his Indian counterpart in New Delhi on Friday, India's foreign ministry said, after he arrived in the capital on the first visit by a top Chinese official since border clashes in 2020.

India sees the complete disengagement of Chinese and Indian troops from a face-off on their remote border as key to better relations, its foreign minister said on Friday, following talks in New Delhi with his Chinese counterpart.

India said ties with China could not be normal until their troops pulled back from each other on the disputed border, but Beijing struck a conciliatory note during a meeting of their foreign ministers in New Delhi on Friday.

Asian shares were headed for a second successive week of gains on Friday, though trading was choppy amid hawkish U.S.

World stocks paused for breath on Friday but are set for a second consecutive week of gains for the first time in 2022 though sentiment was broadly cautious as markets evaluated the economic risks from the Federal Reserve's policy tightening and Russia's war in Ukraine.

Shares on Wall Street steadied on Friday after a tech-driven rally and U.S.

Shares on Wall Street took a breather on Friday after a tech-driven rally and U.S.

Italy miss out on World Cup again but Portugal, Wales and Sweden reach play-off finals

Complex questions as face recognition tech joins Ukraine war

Tense Oscars race nears end as show aims to win back fans

Canada torn between economy, climate in deciding oil project

UN labour agency: where workers' rights are set in concrete

Gilbert Houngbo to be first African to head UN labour agency