IBT Staff Reporter

Britain's financial watchdog said on Wednesday it is talking to fund managers about how to handle Russian assets rendered worthless by sanctions, joining its counterparts in Luxembourg and elsewhere.

Gold steadied on Wednesday, with a weaker dollar offsetting pressure from higher U.S.

Foreign-listed Chinese stocks rallied on Wednesday after Beijing vowed to keep markets stable, soothing overseas investors' nerves after a selloff due to worries over differences between China and the West in the Russia-Ukraine war.

Foreign-listed Chinese shares rallied on Wednesday after Beijing vowed to keep markets stable, soothing overseas investors' nerves after a sell-off due to worries over differences between China and the West in the Russia-Ukraine war.

Foreign-listed Chinese shares rallied on Wednesday after Beijing vowed to keep markets stable, soothing overseas investors' nerves after a sell-off due to worries over differences between China and the West in the Russia-Ukraine war.

Pakistan's Prime Minister Imran Khan is in danger of losing his coalition partners in a no-confidence vote sought by the opposition, a key ally has said, flagging a "tilt" by his partners in government towards their opponents.

Sanctions imposed on Russia could prod more countries like China to look at central bank digital currencies (CBDC) as a tool to counter the dollar's dominance in the global financial system, former Bank of Japan executive Hiromi Yamaoka said on Wednesday.

In a rooftop greenhouse near downtown Denver, cash crops are thriving on hydroponic life support. Arugula. Chard. Escarole. Cabbage.

California property developers Ryan and Jeremy Ogulnick converted an industrial space into their first shelter in just under a month, helping the city of Santa Ana address its homeless crisis while they made a profit.

In the days after the Jan. 6, 2021 attack on the U.S.

SPACs are turning to costly new tactics to keep investors from jumping ship as market confidence wanes in the once red-hot alternative to IPOs.

SPACs are turning to costly new tactics to keep investors from jumping ship as market confidence wanes in the once red-hot alternative to IPOs.

Ukrainian President Volodymyr Zelenskiy on Wednesday urged the U.S.

Ukrainian President Volodymyr Zelenskiy urged American lawmakers to do more to protect his country from Russia's invasion in an address to the U.S.

Ukrainian President Volodymyr Zelenskiy urged American lawmakers to do more to protect his country from Russia's invasion in an address to the U.S.

Russia's invasion of Ukraine will affect the entire global economy by slowing growth and jacking up inflation, and could fundamentally reshape the global economic order in the longer term, the International Monetary Fund (IMF) said on Tuesday.

Three million barrels per day (bpd) of Russian oil and products may not find their way to market beginning in April in the wake of its invasion of Ukraine, the International Energy Agency (IEA) said on Wednesday, as sanctions bite and buyers hold off.

Oil markets could lose three million barrels per day (bpd) of Russian crude and refined products from April, the International Energy Agency (IEA) said on Wednesday, exceeding the one million bpd per day demand drop high prices are expected to cause.

Ukrainian nurse Oksana Martynenko and her colleagues have 21 babies to look after at a makeshift clinic in a residential basement on the outskirts of Kyiv - all of them surrogates whose parents cannot come to collect them because of the war.

Alibaba Group and Tencent Holdings are preparing to cut tens of thousands of jobs combined this year in one of their biggest layoff rounds as the internet firms try to cope with China's sweeping regulatory crackdown, sources said.

European stocks rose to near two-week highs on Wednesday after China promised to roll out more stimulus to boost its economy, while hopes of progress in Ukraine-Russia peace talks kept the mood buoyant.

European stocks closed at over two-week highs on Wednesday after fresh talks of compromise from Russia and Ukraine boosted gains spurred by China's promise to roll out more economic stimulus.

The International Court of Justice (ICJ) is set to rule Wednesday on emergency measures sought by Ukraine in a case against Russia, including an order for Moscow to stop its military campaign.

The International Court of Justice (ICJ) on Wednesday ordered Russia to cease military actions in Ukraine immediately, in a preliminary decision in a case brought by Kyiv.

The United Nations' top court for disputes between states ordered Russia on Wednesday to immediately halt its military operations in Ukraine, saying it was "profoundly concerned" by Moscow's use of force.

Javelin anti-tank missile, symbol of Ukraine's resistance

The queues of container ships outside major Chinese ports are lengthening by the day as COVID-19 outbreaks in manufacturing export hubs threaten to unleash a fresh wave of global supply chain shocks, ship owners, logistics firms and analysts say.

China's public health governance is expected to come under acute pressure in coming weeks as the biggest wave of COVID-19 cases since the 2020 Wuhan outbreak stretches medical resources, tests the country's ability to contain infections and strains the economy.

BMW cut its car division's 2022 profit margin forecast on Wednesday, the latest automaker to warn of problems from ongoing chip shortages and new supply chain disruptions as a result of Russia's invasion of Ukraine.