IBT Staff Reporter

The European Medicines Agency (EMA) is recommending Novavax's COVID-19 vaccine carry a warning of two types of heart inflammation, based on a small number of reported cases, an added burden for a shot that has failed to win wide uptake.

European banks are hoping the boost to their businesses from higher interest rates will be long-lasting as they navigate the economic fallout of war, soaring inflation, and a looming energy crisis.

Shares of AMTD Digital plunged 40% on Wednesday to snap an eye-popping rally fueled by retail investors this week that briefly took the Hong Kong-based fintech's market value past that of Facebook-owner Meta Platforms.

Shares of AMTD Digital on Wednesday extended an eye-popping rally fueled by retail investors this week that briefly took the Hong Kong-based fintech's market value past that of Facebook-owner Meta Platforms.

Top Iranian and U.S. officials will resume talks in Vienna this week on reviving the 2015 nuclear pact, officials from both countries said on Wednesday, though they played down chances of a breakthrough and placed the onus on each other to compromise.

Nigeria's military will use maximum firepower to uproot the armed groups that are behind mounting insecurity in the country, the airforce said on Wednesday, amid concerns that the situation, if unchecked, could impact a general election in February.

Iraqi activists who demonstrated three years ago against powerful parties and militias that run the country have watched with resentment as those same groups now use street protests to exert political pressure on each other, with impunity.

The head of Greek intelligence told a parliamentary committee his agency had spied on a journalist, two sources present said, in a disclosure that coincides with growing pressure on the government to shed light on the use of surveillance malware.

Turkish inflation stabilises at under 80% in boost to Erdogan

Gold will average $1,745 an ounce in 2023, slightly below current prices, as high interest rates and a strong dollar reduce its appeal, a Reuters poll showed on Wednesday.

Analysts and traders have sharply lowered their price forecasts for platinum and palladium as a global economic slowdown reduces demand, a Reuters poll showed on Wednesday.

Taiwan pledged on Wednesday to step up security against possible disruptions by "overseas forces" including cyber attacks as tensions with China rise following the visit to the self-ruled island by U.S.

India's government on Wednesday withdrew a controversial data protection and privacy bill which was first proposed in 2019 and had alarmed big technology companies such as Facebook and Google, announcing it was working on a new comprehensive law.

India's information technology minister on Wednesday withdrew a data protection bill which was first proposed in 2019 and alarmed big tech companies.

Russia backs Myanmar junta's efforts to 'stabilise' country, hold elections

Wall Street rallied on Wednesday, with strong profit forecasts from PayPal and CVS Health Corp lifting sentiment and helping drive the Nasdaq to its highest level since early May.

Wall Street's major indexes surged on Wednesday, with gains in big technology companies lifting the Nasdaq to near three-month highs as key readings on the services sector and new orders helped calm recession fears.

U.S. stock indexes rose on Wednesday on strong results from PayPal and CVS Health, with investors awaiting services activity data for clues on the health of the economy struggling with soaring inflation and tightening financial conditions.

U.S. stock indexes were set for higher open on Wednesday after two days of declines as focus shifted to services activity data due later in the session for more clues on the health of the economy, while PayPal soared on raising its forecast.

Canada's main stock index rose on Wednesday as geopolitical worries eased after U.S.

Private equity firm Thoma Bravo is buying Ping Identity for $2.4 billion, deepening a bet on the cybersecurity sector that has been one of the big winners of the pandemic.

Moderna Inc on Wednesday maintained its full-year COVID-19 vaccine sales forecast of $21 billion as canceled orders from low- and middle-income nations through the COVAX program offset gains from new booster dose orders.

For millennia, giant sequoias - the largest trees on Earth - have resisted and relied on fire.

Yum Brands Inc said on Wednesday it would offer new items and promotional deals as it seeks to reverse a slowdown in demand for its pizzas and fried chicken from low-income consumers.

The West's energy giants are set to return a record $30 billion to investors after reporting bumper profits in the second quarter of the year following a surge in energy prices.

The khaki-coloured road slicing through Kibigori town in Kenya's sugar-growing country is more than a county boundary, it is also a faultline dividing communities fielding rival presidential candidates in the Aug.

CVS Health Corp on Wednesday lifted its annual outlook for COVID-19-related revenue as it expects sales of over-the-counter coronavirus tests to more than double this year, sending shares up over 5%.

Top leaders of Afghanistan's Taliban were holding discussions on Wednesday about how to respond to a U.S.

Make stoves, not war: Ukrainian blacksmith helps troops