IBT Staff Reporter

The S&P 500 ended lower after a volatile session on Monday, with investors wrestling with uncertainty and bank stocks dropping following powerful Western sanctions against Russia as it continued its invasion of Ukraine.

Citigroup Inc's total exposure to Russia amounts to nearly $10 billion, the bank said on Monday, higher than previously communicated, following questions over whether it will have to set aside funds to cover potential losses.

OPEC+ powerless as Ukraine conflict pushes up prices

Climate change will deliver serious blows to all parts of the world, but not all regions face the same threats.

Decaying Congo tin mining town finds new hope in lithium

The day before Russia invaded Ukraine, Iryna Kyrychenko and her husband went to sleep thinking they would take their two young daughters to visit their grandmother the next day.

Arbutus Biopharma Corp on Monday sued Moderna Inc in Delaware federal court, claiming Moderna's COVID-19 vaccine infringes its patents.

Climate change and extreme weather are already hurting the world economy and if unchecked will plunge millions more into poverty while pushing up food prices and disrupting trade and labour markets, U.N.

Market-based inflation gauges are flashing red as the war in Ukraine threatens to exacerbate already high energy prices, pushing investors to seek protection in the inflation-linked bonds they had dumped since January.

Conservative U.S. Supreme Court justices on Monday appeared skeptical of the federal government's authority to issue sweeping regulations to reduce carbon emissions from power plants in a case that could undermine President Joe Biden's plans to tackle climate change.

A bill to protect the right to have an abortion in the United States is likely to fail when it faces a procedural vote in the Senate on Monday.

A bill to protect the right to have an abortion in the United States died in the Senate on Monday after it failed to garner enough Republican support to pass a procedural vote.

Climate change is upon us and humanity is far from ready, the United Nations climate science panel warned in a major report on Monday.

Climate change is already disrupting billions of lives and humanity is not doing enough to limit the suffering, the United Nations climate science panel warned in a major report on Monday.

At a large weekend gathering of conservatives in Florida, attendees browsed a sea of merchandise emblazoned with "Trump": Pink cowboy hats, sparkly purses, and T-shirts touting him as the 2024 presidential candidate.

Suspected Islamist militants killed at least 20 civilians in northeastern Democratic Republic of Congo overnight, according to a local resident and an activist who criticised the failure of Congolese and Ugandan forces to stop the repeated massacres.

British bank HSBC is beginning to wind down relations with a host of Russian banks including the second-largest, VTB, according to a memo seen by Reuters, as financial institutions start to implement restrictions on Russia.

Europe's financial market on Monday began severing Russia's ties to its critical plumbing for trading, clearing and settling securities as sanctions on Moscow started to bite.

Investors further scaled back bets on Monday for interest rate hikes from major central banks this year as the West ramped up sanctions against Russia for invading Ukraine, unleashing fresh uncertainty about the world economic outlook.

Investors further reduced bets on Monday for interest rate hikes from major central banks this year, as the West ramped up sanctions against Russia for invading Ukraine, creating fresh uncertainty about the world economic outlook.

Airlines on Monday braced for a potentially lengthy sanctions war after the EU banned Russian airlines and Moscow pledged to retaliate.

Airlines on Monday braced for a potentially lengthy dispute after the European Union (EU) banned Russian airlines from its airspace and Moscow responded in kind, barring carriers from 36 countries including all 27 members of the European Union.

Airlines are bracing for potentially lengthy blockages of key east-west flight corridors after the European Union and Moscow issued tit-for-tat airspace bans and Washington did not rule out similar action in response to Russia's invasion of Ukraine.

India plans to send four senior ministers to Ukraine's border nations, a government source said on Monday, to help in the rescue of thousands of its citizens who remain trapped more than four days after Russia's invasion of the country.

Iran said on Monday efforts to revive a 2015 nuclear deal could succeed if the United States took a political decision to meet Tehran's demands, as months of negotiations enter what one Iranian diplomat called a "now or never" stage.

Iran said on Monday efforts to revive a 2015 nuclear deal could succeed if the United States took a political decision to meet Tehran's remaining demands, as months of negotiations enter what one Iranian diplomat called a "now or never" stage.

Iran said on Monday efforts to revive a 2015 nuclear deal could succeed if the United States took a political decision to meet Tehran's remaining demands, as months of negotiations enter what one Iranian diplomat called a "now or never" stage.

Toyota Motor Corp, a late-comer to the battery electric vehicle (BEV) market, is weaving in all efforts to make sure its first mass-market model is safer and lasts longer than rivals' products when it goes on sale later this year.

Ukrainian tourists staged an anti-war protest outside Russia's embassy in Sri Lanka on Monday, and the country's tourism minister said the government would consider visa extensions for visitors from Ukraine.