IBT Staff Reporter

Global share markets slid on Thursday as inflation in the United States hit almost 8%, likely cementing the case for an interest rate hike by the U.S.

Global share markets slid on Thursday as U.S. inflation hit almost 8%, making it almost certain the U.S.

Joe Biden's perilous oil diplomacy

Resource-poor Japan depends overwhelmingly on fossil-fuel imports to meet its energy needs, complicating calls for the nation to boycott Russia's oil and liquefied natural gas (LNG) after Moscow's invasion of Ukraine.

A flattening yield curve and slumping consumer confidence have been warning for months that U.S.

The euro held most of its overnight gains on Thursday, having posted its steepest daily jump in nearly six years after a meeting between Ukraine's and Russia's foreign ministers and easing oil prices took some of the recent panic out of markets.

The euro held most of its overnight gains on Thursday, having posted its steepest daily jump in nearly six years after a meeting between Ukraine's and Russia's foreign ministers and easing oil prices took some of the recent panic out of markets.

The euro retreated from its overnight gains on Thursday following the European Central Bank's announcement it will phase out its stimulus in the third quarter, while the dollar strengthened after a strong U.S.

The euro retreated from its overnight gains on Thursday following the European Central Bank's announcement it will phase out its stimulus in the third quarter, while the dollar strengthened after a strong U.S.

Influential proxy advisory firm Institutional Shareholder Services (ISS) has advised against Toshiba Corp's break-up plan to be put to a vote on March 24, the Nikkei business daily reported on Thursday.

The top shareholder in Toshiba Corp and an influential proxy advisory firm added to a growing list of investors on Thursday who oppose the Japanese firm's plan to split up and dismantle the 146-year-old conglomerate.

The top shareholder in Toshiba Corp and two influential proxy advisory firms joined a growing list of investors on Thursday who oppose the Japanese firm's plan to split up and dismantle the 146-year-old conglomerate.

Americans are collecting weapons for Ukraine after President Volodymyr Zelensky called on his citizens to defend the country from invading Russian forces and promised to arm them.

Soaring energy and food prices triggered by Russia's invasion of Ukraine could exacerbate existing food security concerns in the Middle East and Africa, and may fuel growing social unrest, World Bank chief economist Carmen Reinhart said.

Rio Tinto on Thursday became the first major mining company to announce it was cutting all ties with Russian businesses, joining a raft of leading Western companies in a pullout following Moscow's invasion of Ukraine.

Honduran security forces arrested a former police chief Wednesday after he was on the run for several months, wanted by the United States on drug-trafficking charges, a judicial spokesman said.

European Union leaders will tackle ways to wean themselves off Russian fossil fuels on Thursday and debate how quickly to do so, with countries split over whether to sanction oil and gas imports as Moscow wages war in Ukraine.

European Union leaders are set to agree on Thursday to phase out their reliance on Russian fossil fuels, although countries are divided over whether to immediately sanction oil and gas imports as Moscow wages war in Ukraine.

European Union leaders are set to agree on Thursday to cut their reliance on Russian fossil fuels, although are divided over whether to cap gas prices and to sanction oil imports as Moscow wages war in Ukraine.

House price growth in Britain hit a new eight-month high in February as the housing market showed little sign of losing momentum amid a growing cost-of-living squeeze, a survey showed on Thursday.

Oil prices rose on Thursday following a sharp drop in the previous session as the market contemplated whether major producers would boost supply to help plug the gap in output from Russia due to sanctions for its invasion of Ukraine.

Oil prices rose on Thursday in volatile trade following a sharp drop in the previous session as the market contemplated whether major producers would boost supply to help plug the gap in output from Russia due to sanctions for its invasion of Ukraine.

Oil prices bounced on Thursday from a sharp drop in the previous session after the United Arab Emirates backtracked on statements saying that OPEC and its allies might increase output to help to plug the gap in exports from Russia.

Oil edged higher on Thursday after its biggest plunge in two years in the previous session, as uncertainty over Russian supplies roiled the market despite Moscow's reassurance over its contractual energy obligations.

Oil prices gave up gains to trade lower on Thursday after its biggest plunge in two years in the previous session, as traders debated if the market's supply disruption concerns were overdone after Russia pledged to fulfil contractual obligations.

Oil prices settled lower on Thursday after a volatile session, a day after its biggest daily dive in two years, as Russia pledged to fulfil contractual obligations and some traders said supply disruption concerns were overdone.

Oil prices settled about 2% lower on Thursday after a volatile session, a day after its biggest daily dive in two years, as Russia pledged to fulfil contractual obligations and some traders said supply disruption concerns were overdone.

Worried of 'high risk,' US nixes Polish jet offer to Ukraine

Anti-abortion measures moving through Idaho and Kentucky's legislatures would severely restrict or essentially end access to abortion in those states, abortion rights advocates said on Wednesday.