IBT Staff Reporter

The European Central Bank on Monday warned that Sberbank Europe, a unit of Russia's Sberbank, and two other subsidiaries under its watch "are failing or likely to fail", in an indication of the fallout of a fresh round of sanctions.

The European Central Bank on Monday warned that Sberbank Europe, a subsidiary of Russia's Sberbank, and two other subsidiaries under its watch "are failing or likely to fail", in an indication of the fallout of the latest sanctions on Russia.

The European arm of Sberbank, Russia's biggest lender, faces failure, the European Central Bank (ECB) warned on Monday, after a run on its deposits sparked by the backlash from Russia's invasion of Ukraine.

The Vatican said on Monday it was ready to "facilitate dialogue" between Russia and Ukraine to end the war, and called for an immediate stop to the "military attack".

Virus-hit Hong Kong considers lockdown as bodies pile up

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Vaccinating 70% of the population in every country in the world against COVID-19 by mid-2022 has been the World Health Organization's (WHO) rallying cry to end the pandemic.

Meta Platforms said a hacking group used Facebook to target public figures in Ukraine, including prominent military officials, politicians and a journalist, as the social media company announced steps against covert influence and hacking amid Russia's ongoing invasion of its neighbor.

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South Korea will tighten export controls against Russia by banning shipments of strategic items and join Western countries' moves to block some Russian banks from the SWIFT international payments system, Seoul's foreign ministry said on Monday.

Deaf drama 'CODA' wins top prize at SAG awards

'Another war': Afghan flees Russian bombs in Ukraine

Tech firms flock to Spain trade show in shadow of Russia war

Japan's economic growth will likely grind to a near halt this quarter as coronavirus curbs and supply disruptions threaten to derail the country's economic recovery, a Reuters poll of economists showed on Monday.

Facilities for storing dead bodies at hospitals and public mortuaries in Hong Kong are struggling to keep pace with a record number of COVID-19 infections and deaths, eclipsing authorities attempts to control a deepening outbreak.

Facilities for storing dead bodies at hospitals and public mortuaries in Hong Kong are at maximum capacity due to a record number of COVID-19 fatalities, the Hospital Authority said on Monday, as officials battle to control a surge in cases.

Facilities for storing dead bodies at hospitals and public mortuaries in Hong Kong are at maximum capacity due to a record number of COVID-19 fatalities, the Hospital Authority said on Monday, as officials battle to control a surge in cases.

UN report to lay bare harrowing scale of climate impacts

Lessors are set to terminate hundreds of aircraft leases with Russian airlines following Western sanctions over the invasion of Ukraine that require the contracts be cancelled.

Aircraft leasing firms are set to terminate hundreds of leases with Russian airlines following Western sanctions over the invasion of Ukraine that give the sector a month to act.

Russia shells Ukraine's Kharkiv as pressure on Moscow bites

Putin lays out conditions as Russians shell Ukrainian city

Desperate Afghans resort to selling their kidneys to feed families

China is willing to work with the United States on a G7-led global infrastructure plan and welcomes Washington to join its Belt and Road Initiative, Chinese Foreign Minister Wang Yi said on Monday.

In Bolivia, miners sacrifice llamas to appease 'Lord of the Underworld'

Ice day for a swim: Braving America's ice water 'Olympics'

Chinese electric vehicle (EV) maker Nio Inc plans to carry out secondary listings by introduction in Hong Kong and Singapore as it seeks to grow its business in the region.

Japan's government and central bank executives met on Monday to discuss market developments in the first such gathering in roughly a year, as the financial fallout from Russia's invasion of Ukraine broadens.

Japan is working closely with G7 nations to ensure effective economic sanctions against Russia and its central bank, its top currency diplomat said after a meeting of government and central bank executives to debate the fallout from the Ukraine crisis.