IBT Staff Reporter

Russia said more of its forces surrounding Ukraine were withdrawing on Wednesday but NATO said the troop buildup was continuing, questioning Moscow's stated willingness to negotiate a solution to the crisis.

The United States and NATO said Russia was still building up troops around Ukraine on Wednesday despite Moscow's insistence it was pulling back, questioning President Vladimir Putin's stated desire to negotiate a solution to the crisis.

The United States and NATO said Russia was still building up troops around Ukraine on Wednesday despite Moscow's insistence it was pulling back, questioning President Vladimir Putin's stated desire to negotiate a solution to the crisis.

AirAsia Aviation Group on Wednesday unveiled plans for a low-cost air ridesharing service in Southeast Asia after signing a non-binding deal with lessor Avolon for at least 100 Vertical Aerospace VX4 electric vehicles.

Ukrainians raised national flags and played the country's anthem on Wednesday to show unity against fears of a Russian invasion that Western powers have said could be imminent.

Countries throughout Asia are climbing out from under the economic rubble of COVID-19 and looking for cost-effective ways to upgrade their militaries, defence companies said on the sidelines of the Singapore Airshow this week.

Canadian rescue officials on Wednesday suspended the search for 12 missing crew members from a Spanish trawler that sank the previous day in rough seas off the coast of Newfoundland, killing at least nine people.

European stocks made cautious gains on Wednesday on hopes of a de-escalation of tensions between Russia and Ukraine, although accelerating inflation kept a lid on Britain's blue-chip index.

European stocks made cautious gains on Wednesday, pushed higher by commodity-heavy stocks with Russia-Ukraine tensions in focus, while Swedish telecom firm Ericsson slumped after investigations showed misconduct.

UK annual inflation hits fresh 30-year high

Latvian flag carrier airBaltic is setting up extra flights out of Kyiv this week to accommodate a passenger spike after European countries told their nationals to leave Ukraine or risk war.

Keen to downplay anxieties about war in Europe, global investors appear to fear a monetary policy miscalculation even more.

Senior schools reopened in the Indian state of Karnataka on Wednesday a week after authorities closed them in the face of protests against a ban on female students wearing the hijab Muslim head covering.

Senior schools reopened in the Indian state of Karnataka on Wednesday a week after authorities closed them in the face of protests against a ban on female students wearing the hijab Muslim head covering in class.

The global aircraft maintenance, repair and overhaul (MRO) sector faces fresh challenges from rising labour costs and a weak recovery in the widebody market as shop visits begin to rebound after a severe pandemic-related slump.

The relatively short shelf life of AstraZeneca Plc's COVID-19 vaccine is complicating the rollout to the world's poorest nations, according to officials and internal World Health Organization documents reviewed by Reuters.

When Gucci-owner Kering and Hermes report earnings this week, investors will be looking for signs that the big luxury fashion groups are confident that wealthy shoppers are willing to pay higher price tags for designer accessories.

A former Goldman Sachs partner began testifying against his former colleague on Wednesday in a trial over the looting of hundreds of millions of dollars from Malaysia's 1MDB sovereign wealth fund, one of the biggest scandals in Wall Street history.

A former Goldman Sachs partner testified on Wednesday that he and a colleague became "heroes" at the bank for bringing in billions in business from Malaysia's 1MDB sovereign wealth fund, deals he said were cemented through bribes and kickbacks.

China's Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the matter and a Reuters analysis of filings by the online fast-fashion retailer.

Wheat and corn prices ride the Ukrainian rollercoaster

Brazilian planemaker Embraer expects to decide late this year or early next year on whether to launch a new turboprop plane that could enter service around 2027, its commercial aviation head said on Wednesday.

Frustration with the failure of Canadian police to lift blockades at the border and in the capital, along with scenes of protesters lounging in hot tubs near Parliament, ultimately drove Prime Minister Justin Trudeau to seek emergency powers, three sources said on Tuesday.

France approves returning 15 artworks stolen from Jews

Thailand's interest in Lockheed Martin's F-35 stealth fighters is genuine, but clearance to buy the jets is a matter for the U.S.

Fresh twist in Valieva doping scandal after three substances claim

Oil prices steadied on Wednesday after retreating more than 3% in the previous session as investors gauged the impact of easing Russia-Ukraine tension against a taut balance between tight global supplies and recovering fuel demand.

Oil prices recouped losses on Wednesday after slipping more than 3% in the previous session, as investors gauged the impact of easing Russia-Ukraine tension against a taut balance of tight global supplies and recovering fuel demand.

Oil prices recouped losses on Wednesday as investors weighed conflicting statements on the possible withdrawal of some Russian troops from around Ukraine amid tight global supplies and recovering fuel demand.