IBT Staff Reporter

Sycamore Partners is in the early stage of making a possible cash offer for fashion retailer Ted Baker, the private equity firm said on Friday, in the latest sign of strong U.S.

Hong Kong startup Greater Bay Airlines has scaled back its initial growth ambitions due to tight pandemic-related quarantine restrictions and has yet to set a date for its first commercial flights, its chief executive said on Friday.

From Syria to Ukraine border: refugee aids war victims

Taliban welcomes UN's continued Afghanistan presence

The battle to keep Russia's internet free

The Great Barrier Reef has been hit by bleaching due to heat stress, the Australian agency that manages the reef said on Friday, ahead of a visit by United Nations officials reviewing whether the reef should be listed as being "in danger".

Myanmar's junta has given the final approval for the sale of Norwegian telecommunications company Telenor's operations in the country to a local company and a Lebanese investment firm, the firm said on Friday.

U.S. President Joe Biden is expected to tell Chinese President Xi Jinping on Friday that Beijing will pay a steep price if it supports Russia's military operations in Ukraine, a warning that comes at a time of deepening acrimony between the nations.

U.S. President Joe Biden and Chinese President Xi Jinping spoke on a video call on Friday about Russia's invasion of Ukraine and Chinese media said Xi underlined that such conflicts are in no-one's interests .

U.S. President Joe Biden and Chinese President Xi Jinping spoke on a video call on Friday about Russia's invasion of Ukraine and Chinese media said Xi underlined that such conflicts are in no-one's interests.

Chinese President Xi Jinping told U.S. President Joe Biden in a video call on Friday that the war in Ukraine must end as soon as possible and called on NATO nations to hold a dialogue with Moscow, but did not assign blame to Russia for the invasion.

U.S. President Joe Biden warned Chinese leader Xi Jinping on Friday there would be 'consequences' if Beijing gave material support to Russia's invasion of Ukraine, the White House said, while both sides stressed the need for a diplomatic solution to the crisis.

U.S. President Joe Biden warned Chinese leader Xi Jinping on Friday of 'consequences' if Beijing gave material support to Russia's invasion of Ukraine, the White House said, while both sides stressed the need for a diplomatic solution to the crisis.

Oscar spotlight shines on India's rural women journalists

Argentina's Senate voted late on Thursday to approve a $45 billion debt deal with the International Monetary Fund (IMF), converting the agreement into law and ensuring that the economically battered country can avoid another messy default.

The U.S. dollar headed for its first down week in six versus major peers on Friday, languishing near a one-week low, as investors continued to assess the impact of the start of the Federal Reserve rate increase cycle this week.

The U.S. dollar headed for its first down week in six versus major peers on Friday, languishing near a one-week low, as investors continued to assess the impact of the start of the Federal Reserve's rate tightening cycle this week.

The euro weakened on Friday but was set for its biggest weekly gains in six weeks as traders breathed a sigh of relief after Russia avoided default on dollar-denominated debt and markets weighed the broader impact of the start of the U.S.

Aquila Acquisition Corp shares slipped on Friday in the first special purpose acquisition company (SPAC) listing in Hong Kong as the city's bourse talked up what it calls "a new route to market".

Frying pan to fire: Ethiopians trapped in war-torn Yemen

Japan's prices are finally rising, but will it last?

In Yemen's civil war, decaying hospitals on life support

Stockmarkets took a breather on Friday after several days of sizeable gains, as geo-political tensions arising from the Ukraine conflict kept investors on guard going into the weekend.

Global stocks clung to their gains for the week on Friday but a heady cocktail of rising interest rates, high oil prices and no end to war in Ukraine kept a lid on the rebound as yields sent a warning signal for the economy.

Global stocks were just below water on Friday with most of their strong gains for the week still intact but the mix of rising interest rates, high oil prices and war in Ukraine kept risk-taking at bay.

Global equity markets gained on Friday after traders cheered a Russian bond payment that averted a historic sovereign default, while gold prices dropped as demand for the safe-haven metal eased following the start of the U.S.

Oil prices edged higher on Friday, still above $100 a barrel, but were set for a second straight weekly loss, after a volatile trading week with no easy replacement for Russian barrels in a tight market.

Oil prices settled higher on Friday, but posted a second straight weekly loss, after a volatile trading week with no easy replacement for Russian barrels in a tight market.

War and neglect endanger Yemen's historical sites