IBT Staff Reporter

Pakistani truck artist gives new flair to kicks

Oil prices rose as much as $3 on Wednesday, bouncing back after earlier declines, as Russia's invasion of Ukraine continues to stoke volatile trading with ceasefire talks the latest market trigger.

Ukrainian President Volodymyr Zelenskiy said on Wednesday peace talks were sounding more realistic but more time was needed, as Russian air strikes killed five people in the capital Kyiv and the refugee tally from Moscow's invasion reached 3 million.

About 20,000 people have managed to escape the besieged port of Mariupol in private cars, the Ukrainian interior ministry said on Wednesday, but hundreds of thousands remain trapped by Russian shelling, many without heating, power or running water.

Russia and Ukraine both emphasised new-found scope for compromise on Wednesday as peace talks were set to resume three weeks into a Russian assault that has so far failed to topple the Ukrainian government.

New talk of compromise from both Moscow and Kyiv on a status for Ukraine outside of NATO lifted hope on Wednesday for a potential breakthrough after three weeks of war.

New talk of compromise from both Moscow and Kyiv on a status for Ukraine outside of NATO lifted hope on Wednesday for a potential breakthrough after three weeks of war.

New talk of compromise from both Moscow and Kyiv on a status for Ukraine outside of NATO lifted hope on Wednesday for a potential breakthrough after three weeks of war.

Talk of compromise from both Moscow and Kyiv raised hopes on Wednesday of a breakthrough towards peace after three weeks of war, but there was no relief for Ukrainians from bloodshed and misery.

Russian bombs rained down on Ukrainian cities on Wednesday, Ukrainian official said, despite talk of compromise from both Moscow and Kyiv in peace negotiations after three weeks of war.

U.S. President Joe Biden on Wednesday called Russian leader Vladimir Putin a war criminal in comments the Kremlin said were "unforgivable" as it insisted the war in Ukraine was "going to plan" amid talk of compromise at peace talks.

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Nickel trading on the London Metal Exchange (LME) resumes on Wednesday a week after it was suspended with limits on price movements to prevent disorderly trading after wild swings triggered a rare market shutdown.

The London Metal Exchange (LME) halted nickel trading on its electronic system almost immediately on Wednesday in a chaotic resumption of business for a market that has been in limbo for over a week.

The London Metal Exchange had hoped to get the global market for nickel motoring again on Wednesday after a week in limbo. It didn't work out as planned.

'Safe' New Zealand to reopen borders early

Peruvian President Pedro Castillo on Tuesday rejected allegations of corruption and told Congress, which passed a motion to impeach him earlier this week https://www.reuters.com/world/americas/peru-congress-approves-impeachment-trial-against-castillo-2022-03-14, that all branches of government are in crisis right now.

The United States and other NATO members said on Wednesday they would keep helping Ukraine fight off Russia's invasion, while also adapting the alliance's own security to the "new reality" triggered by the war.

Japan reported a wider-than-expected trade deficit in February as an energy-driven surge in import costs caused by massive supply constraints added to vulnerabilities for the world's third-largest economy.

The U.S. Senate on Tuesday unanimously passed a resolution condemning Russian President Vladimir Putin as a war criminal, a rare show of unity in the deeply divided Congress.

Mexico deported the suspected leader of a drug gang to the United States, authorities said on Tuesday, after an arrest that spurred armed attacks by his organization on almost two dozen military installations and a U.S.

South Korea's annual unemployment rate fell to the lowest on record in February, with jobs growth staying at a near 22-year-high, though the increase was mainly due to a low base and the government's fiscal spending.

South Korea's annual unemployment rate fell to the lowest on record in February, with jobs growth staying at a near 22-year-high, though the increase was mainly due to a low base and the government's fiscal spending.

Japanese manufacturers' business confidence improved for the first time in three months in March, as automakers became less pessimistic, though firms feared a fresh surge in energy prices due to the Ukraine crisis, the Reuters Tankan poll showed.

Japanese accountant Masamitsu has not travelled or gone to the cinema in years and rarely eats out.

Greenland Holdings Corp Ltd, a major Shanghai-based Chinese state-backed property developer responsible for marquee projects at home and abroad, was scrambling for funds late last year, people with direct knowledge of the matter said.

Japan will revoke Russia's most-favoured nation trade status as part of further sanctions against Moscow following the invasion of Ukraine, two people with direct knowledge with the matter told Reuters on Wednesday.

Japan will revoke Russia's most-favoured nation trade status as part of further sanctions against Moscow following the invasion of Ukraine, Prime Minister Fumio Kishida said on Wednesday.