IBT Staff Reporter

U.S. stock indexes rose on Monday after earnings from big banks beat expectations for profit, extending last week's positive momentum amid easing bets of a super-sized interest-rate hike by the Federal Reserve.

U.S. stock indexes rose on Monday after Goldman Sachs beat profit expectations, extending last week's positive momentum amid easing bets of a super-sized interest-rate hike by the Federal Reserve.

U.S. stock indexes looked set to open higher on Monday after Goldman Sachs beat profit expectations, extending last week's positive momentum amid easing bets of a super-sized interest-rate hike by the Federal Reserve.

A top Bank of England official pushed back on Monday at suggestions from a leading candidate to become Britain's next prime minister that the government should set a "clear direction of travel" for monetary policy.

For the poor, small South American country of Guyana, there's no time like the present when it comes to reaping the rewards of its offshore oil jackpot.

Overseas investors disposed of a combined net total of $5.08 billion in Indonesian, Thai, Malaysian, South Korean and Indian bonds last month, marking the biggest monthly outflow since March, regulatory data and bond market associations showed.

U.S. bank executives said they're optimistic on loan growth as demand for borrowing from retail and business customers bounced back in the second quarter from the lows of the pandemic, but warned demand could weaken later this year if the worsening economic outlook starts to hurt consumer confidence.

A prosecutor on Monday told jurors they should sentence to death the gunman who killed 17 people and wounded another 17 in a mass shooting at a Florida high school in 2018.

The prosecutor began opening arguments on Monday in the penalty phase of the trial of the man who killed 17 people at a Florida high school on Valentine's Day in 2018 by naming each victim during a detailed recounting of one of the deadliest school shootings in U.S.

Sexual health clinics on the frontline of the monkeypox response are already financially stretched, leaving the United States and UK ill-equipped to tackle the first major global health test since the COVID-19 pandemic.

Netflix broke Hollywood's rules to create a $82 billion global streaming colossus that the rest of the entertainment industry rushed to copy.

UK-Japanese collaboration on fighter jets and a multibillion-dollar Boeing passenger plane order gave a lift to the aviation industry on Monday as the Farnborough Airshow returned in a heatwave tipped to break UK records.

A multibillion-dollar Boeing plane order and signs of UK-Japanese cooperation on fighter jets gave a lift to the aviation industry on Monday as the Farnborough Airshow returned in a heatwave tipped to break UK records.

Aviation bosses gathered for the return of the Farnborough Airshow on Monday, aiming for a display of confidence after the devastation of COVID-19, even though the only records likely to be broken at the event are for sweltering temperatures.

Aviation bosses gathered for the return of the Farnborough Airshow on Monday, aiming for a display of confidence after the devastation of COVID-19, even though the only records likely to be broken at the event are for sweltering temperatures.

Johannesburg transport project digs into wounds of the past

The United States wants to end its "undue dependence" on rare earths, solar panels and other key goods from China to prevent Beijing from cutting off supplies as it has done to other countries, U.S.

U.S. Treasury Secretary Janet Yellen will call on Tuesday for deeper trade ties among allies to fortify their supply chains, combat inflation and thwart China's "unfair trade practices" and efforts to dominate key raw materials and technologies markets.

The United States has further sanctions it could adopt against North Korea, U.S.

U.S. Treasury Secretary Janet Yellen described as "encouraging" talks with India about a proposed price cap on Russian oil that Washington is pushing to drive down oil prices and make it harder for Moscow to fund its war in Ukraine.

For decades, Antonis Disios' workshop was abuzz with the sound of sewing machines stitching fur coats for his wealthy Russian buyers.

Indonesia's central bank has sold some of its holdings of government bonds in the secondary market, an official said on Monday, stepping up its normalisation of monetary policy after keeping liquidity very loose during the pandemic.

The chief of Israel's armed forces will visit Morocco on Monday in the highest-profile military engagement between the countries, which upgraded ties in 2020 under a U.S.

Britain was braced for temperatures to hit 40C for the first time this week, with ministers urging the public to stay at home as the heatwave caused train services to be cancelled, one London airport to shut its runway and some schools to close.

Britain was on course for its hottest day on record on Monday with temperatures forecast to hit 40C for the first time, forcing train companies to cancel services and some schools to close while ministers urged the public to stay at home.

H&M, the world's second-biggest fashion retailer, said on Monday it will wind down its business in Russia, a move that will cost almost $200 million and affect 6,000 staff as it joins a growing number of companies fully exiting the country.

SAS and pilots unions reached a wage deal on Monday, ending a strike over a new collective bargaining agreement that has grounded hundreds of flights and thrown the airline's future into doubt.

SAS warned on Monday that time was running out as negotiations resumed with pilot unions to end a two-week strike that the Scandinavian airline says threatens its existence.

SAS and pilot unions resumed negotiations on Monday in an effort to end a two-week strike that the Scandinavian airline says threatens its existence.