BUSINESS

U.S. stock indexes were headed for a lower open on Monday as investors braced for the start of the earnings season, which could see profits come under pressure at a time of growing fears of an economic downturn due to aggressive interest rate hikes.

Macron under pressure over Uber links

Wimbledon 2022 winners will get $2.39 million, while the runners-up will get $1.26 million.

Kyiv warns Russia will step up Donbas fight

The world's largest crypto exchange, Binance, continued to process trades by clients in Iran despite U.S.

A surge in trading revenue powered by volatile markets should partially offset a slump in M&A and equity and debt deals when Wall Street banks report second-quarter earnings this month.

Second quarter profits at big U.S. banks are expected to fall sharply from a year earlier on increased loan loss reserves, as the pandemic recovery gives way to a possible recession.

STMicro and GlobalFoundries plan 5.7 bn euro French factory

In Ukraine's Bucha, a reluctant return home and to normality

China detains alleged bank fraud 'gang' after rare mass protests

The flow of gas from Russia to Germany through the Nord Stream 1 pipeline stopped on Monday as a planned 10-day maintenance period began. The question is: Will flows then resume?

European shares fell on Monday, dragged lower by economy-sensitive stocks, as concerns over an energy supply crunch and fresh COVID-19 cases in China hurt risk appetite and heightened worries about a recession.

African countries' debts with China are a third of what they owe non-Chinese private lenders, while interest rates are just over half, according to a report published on Monday amid a debate about the role of the world's largest bilateral creditor.

Unification Church says Abe shooting suspect's mother is member

Europe's Airbus has revised up its forecast for jet deliveries over the next 20 years as soaring fuel bills prompt airlines to seek new, more fuel-efficient planes.

Wizz Air expects to have to cut flights this summer due to labour shortages and strikes at European airports, the budget airline said on Monday, sending its shares down around 5%.

In the race to go electric, carmakers have focused on range to ease consumer anxiety over charging infrastructure, but battery makers are already working on the smaller, longer-lasting and cheaper batteries of the future, which also charge more quickly.

Europe frets over reduced Russia gas supplies

If shipping is the beating heart of global trade, its pulse is about to get slower.

The bond market is pricing in a sharp deceleration in inflation over the next year, as aggressive tightening by the Federal Reserve to counter the steepest surge in prices in a generation ramps up recession concerns.

Macau lockdown begins, Hong Kong mulls health code app

Former Japan PM Abe mourned at wake as US hails 'man of vision'

Oil prices fell in volatile trade on Monday, reversing most of the previous session's gains as markets braced for an expected drop in demand because of mass testing for COVID-19 in China, which outweighed ongoing concern over tight supply.

Oil prices fell on Monday in volatile trade, reversing some gains from the previous session as markets braced for new mass COVID testing in China potentially hitting demand, a concern that outweighed ongoing concerns about tight supply.

The euro tumbled towards parity versus the dollar on Monday as the biggest single pipeline carrying Russian gas to Germany entered annual maintenance, with flows expected to stop for 10 days.

The dollar climbed to a 24-year high on the yen on Monday after Japan's ruling conservative coalition's strong election showing indicated no change to loose monetary policies, and global growth fears helped the safe-haven dollar more broadly.

Reaching out without walking back? Biden begins delicate Saudi trip

James Webb Space Telescope opens its eyes on the Universe

World equities and U.S. bond yields fell on Monday as investors braced for a U.S.