IBT Staff Reporter

Defying an emergency order to disperse, protesters in trucks and other vehicles vowed on Tuesday to stand their ground outside the Canadian parliament until the government lifts vaccine mandates and other COVID-19 restrictions.

Ottawa's police chief has resigned after criticism that he did not do enough to stop COVID-19 protests that have paralyzed Canada's capital city and forced Prime Minister Justin Trudeau to invoke emergency powers, a city official said on Tuesday.

Ottawa's police chief resigned on Tuesday after criticism that he did not do enough to stop COVID-19 protests that have paralyzed Canada's capital city and forced Prime Minister Justin Trudeau to invoke emergency powers.

A key U.S. Senate panel is set on Tuesday to vote on President Joe Biden's slate of nominees to lead the Federal Reserve, including the renomination of Jerome Powell as chair and Sarah Bloom Raskin as the central bank's Wall Street regulator.

Plans for a key U.S. Senate panel vote to move forward on President Joe Biden's nominees to the Federal Reserve, including Jerome Powell as chair and Sarah Bloom Raskin as the central bank's Wall Street regulator, were thrown into doubt on Tuesday as Republicans appeared set to boycott the proceeding.

A key U.S. Senate panel vote on President Joe Biden's nominees to the Federal Reserve, including Jerome Powell as chair and Sarah Bloom Raskin as the central bank's Wall Street regulator, was thrown into doubt on Tuesday as Republicans planned to boycott the proceeding over their objections to Raskin.

Republican senators moved on Tuesday to block a vote on President Joe Biden's five nominees to the Federal Reserve, including the reappointment of Jerome Powell as chair, over objections to Sarah Bloom Raskin, the White House's pick to be the central bank's Wall Street regulator.

The head of the U.S. Senate Banking Committee on Tuesday delayed a vote on President Joe Biden's five nominees to the Federal Reserve, including Chair Jerome Powell, after Republicans staged a boycott over objections to Sarah Bloom Raskin, the White House's pick to be the central bank's Wall Street regulator.

U.S. Senate action on President Joe Biden's five nominees to the Federal Reserve stalled Tuesday after Republicans boycotted a key vote over objections to Sarah Bloom Raskin, the White House's pick to be the central bank's Wall Street regulator.

U.S. Senate action on President Joe Biden's five nominees to the Federal Reserve stalled Tuesday after Republicans boycotted a key vote over objections to Sarah Bloom Raskin, the White House's pick to be the central bank's Wall Street regulator.

Wall Street futures surged on Tuesday on signs of a de-escalation in tensions between the Russia and Ukraine, with investors also awaiting key inflation data for clues on the path of interest rate hikes by the Federal Reserve.

U.S. stock indexes were set for a stronger open on Tuesday, led by gains in shares of megacap growth names and banks on signs of a de-escalation in tensions between Russia and Ukraine.

The S&P 500 and the Nasdaq indexes jumped over 1% on Tuesday, led by gains in shares of megacap growth names and banks on signs of a de-escalation in tensions between Russia and Ukraine, while investors shrugged off hotter-than expected inflation data.

The Nasdaq surged up to 2% and the S&P and Dow jumped more than 1% on Tuesday, as signs of a de-escalation in tensions between Russia and Ukraine pushed up megacap growth names and banks, and helped investors shrug off hotter-than expected inflation data.

Russia's lower house of parliament voted on Tuesday to ask President Vladimir Putin to recognise two Russian-backed breakaway regions in eastern Ukraine as independent and the European Union told Moscow not to follow through.

Norway said on Tuesday it will increase its contribution to NATO forces in Lithuania by up to 60 troops due to the military situation in and around Ukraine.

Mining giant Glencore sets aside $1.5 bn for graft probes

New Zealand's parliament on Tuesday near-unanimously passed a legislation that bans practices intended to forcibly change a person's sexual orientation, gender identity or gender expression, known as conversion therapy.

Louis Vuitton, LVMH's top fashion brand, will raise prices globally on Wednesday as a result of increased manufacturing and transportation costs, a spokesperson for the French luxury goods company in China told Reuters.

Worries about Ukraine and the removal of help for economies over COVID-19 will challenge markets, which were already showing signs of being overvalued and heading for sharp corrections over coming months, the European Union's securities watchdog said on Tuesday.

Russian financial markets rose strongly on Tuesday on a report that Russia was pulling back some troops from near the Ukrainian border, as German Chancellor Olaf Scholz flew into Moscow for Kremlin talks with President Vladimir Putin.

Russia said on Tuesday some of its military units were returning to their bases after exercises near Ukraine, following days of U.S.

Russia said on Tuesday some of its military units were returning to their bases after exercises near Ukraine, following days of U.S.

Russia said on Tuesday some of its military units were returning to their bases after exercises near Ukraine and mocked repeated Western warnings about a looming invasion, but NATO said it had yet to see any sign of de-escalation on the ground.

Russia said on Tuesday some of its troops were returning to base after exercises near Ukraine and it mocked repeated Western warnings about a looming invasion, but NATO said it had yet to see any evidence of de-escalation.

Russia said on Tuesday some of its troops were returning to base after exercises near Ukraine and mocked Western warnings about a looming invasion, but NATO and the United States said they had yet to see any evidence of a de-escalation that could avert war.

Ukraine said its defence ministry and two banks had been hacked on Tuesday, appearing to blame Russia, as the West sought evidence from Moscow of a partial troop pullback.

Kyiv appeared to blame Russia for a cyber attack on Tuesday as U.S.

As the Bank of Japan asserts its standing as a lone dove among its peers, the yen is reclaiming its status as the world's most popular funding currency.