IBT Staff Reporter

A new European Central Bank tool to shield indebted states from soaring borrowing costs failed to impress investors on Thursday, with many worried about a lack of detail and conditions that could make it tough for the likes of Italy to use.

Colombia's top criminal gangs, who are linked to producing and trafficking cocaine, on Thursday proposed a ceasefire to the incoming government of leftist Gustavo Petro as a starting point to peace talks, six groups said in a statement.

Ukraine, Russia to sign elusive grain deal in Turkey

The board chief of Colombia's central bank on Thursday defended the monetary policy authority's decision not to intervene in movements of the country's peso, even as market volatility pushed other central banks in the region to take action.

Vingegaard beats Pogacar to put one hand on Tour de France title

Ukraine, Russia, Turkey and U.N. Secretary-General Antonio Guterres will sign a deal on Friday to resume Ukraine's Black Sea grain exports, Turkish President Tayyip Erdogan's office said on Thursday.

The U.S. House of Representatives on Thursday passed a bill to protect access to contraception, responding to concerns that it could be threatened by a conservative Supreme Court that revoked the ruling that guaranteed a nationwide right to abortion.

The U.S. House of Representatives on Thursday passed a bill to protect access to contraception, responding to concerns that it could be threatened by a conservative Supreme Court that revoked the ruling guaranteeing a nationwide right to abortion.

When Spanish winemarker Jesus Soto returned to his land for the first time since a wildfire swept through the area, the sight of his charred grapevines left him in tears and feeling as though he had "lost part of my soul", he said on Thursday.

The vast heatwave covering swathes of Europe moved steadily eastwards on Thursday, forcing countries including Italy, Poland and Slovenia to issue their highest heatwave alerts as firefighters battled wildfires across the continent.

A former product manager at Coinbase Global and two others have been charged with wire fraud in the first insider trading case involving cryptocurrency, U.S.

Biden says 'doing great' after positive Covid test

Ukraine war must end to prevent nuclear 'abyss', Lukashenko tells AFP

Even for a country like Italy, which is steeped in political intrigue and used to revolving-door governments, the abrupt resignation of Prime Minister Mario Draghi has stunned the nation.

Pelosi faces pushback on potential trip to Taiwan

Joe Biden, the oldest person ever to serve as president of the United States, has tested positive for COVID-19, is experiencing mild symptoms and will continue working but in isolation, the White House said on Thursday.

Joe Biden, the oldest person ever to serve as president of the United States, has tested positive for COVID-19, is experiencing mild symptoms and will continue working but in isolation, the White House said on Thursday.

Just as Europe is racing to store enough gas to see it through winter, its power system is being strained by sweltering summer temperatures, forcing air conditioners into action and drying up rivers needed to cool nuclear plants.

More private equity firms are taking companies private, as lower corporate valuations make it easier to lure businesses away from the stock market at bargain prices.

A former Minneapolis officer was sentenced to 2-1/2 years in prison on federal charges stemming from his role in the killing of George Floyd, a Black man whose death sparked protests around the world against racial injustice, a court spokesperson said.

A former Minneapolis police officer was scheduled to be sentenced on Thursday on federal charges stemming from his role in the death of George Floyd, an incident that sparked protests around the globe against police brutality and racism.

Europe's STOXX 600 share index rose on Thursday, boosted by a run of upbeat corporate results although gains were limited as investors digested an oversized ECB interest-rate hike amid growing worries about a recession.

Euro zone stocks slipped in volatile trading on Thursday as investors assessed the impact of an aggressive 50 basis point interest-rate hike by the European Central Bank amid growing worries about a recession and a political turmoil in Italy.

Former President Luiz Inacio Lula da Silva is luring allies from Brazil's powerhouse farm sector to his presidential campaign, looking to fracture his rival's base in a move that risks tensions with his own environmentalist supporters.

Record temperatures at the Farnborough Airshow this week have ratcheted up pressure on global aviation to shrink airplane emissions and turn a raft of potential solutions - many of which are yet to be proven - into reality.

Samsung Electronics has begun applications for tax breaks for 11 potential chip plants in Texas adding up to investments of about $192 billion, according to documents filed with Texas authorities.

The number of Americans enrolling for unemployment benefits rose for a third straight week last week to the highest in eight months and a closely watched gauge of factory activity slumped this month, the newest indications the U.S.

Amazon.com Inc on Thursday agreed to buy primary care provider One Medical for $3.49 billion, expanding the e-commerce giant's virtual healthcare and adding brick-and-mortar doctors' offices for the first time.

Amazon.com Inc on Thursday agreed to buy primary care provider One Medical for $3.49 billion, expanding the e-commerce giant's virtual care presence and adding some brick-and-mortar doctors' offices to its healthcare arsenal.