IBT Staff Reporter

Toyota Motor Corp and Suzuki Motor Corp on Friday said they would begin production of hybrid vehicles in India, a category that Toyota has said is currently best suited to such markets.

Firefighters were tackling a wildfire for a third day on Friday in southwest Turkey, where municipal officials have warned that national authorities are unprepared even after last year's devastating fires revealed a lack of planes and personnel.

Late-stage data on an experimental COVID-19 vaccine from Sanofi and GSK has showed the shot confers protection against the Omicron variant of the virus, the companies said on Friday.

From Silicon Valley shares to U.S. and European government bonds, securities that are already under heavy pressure stand to lose a major buyer as Switzerland ends its long-standing policy of recycling euros and dollars into foreign markets.

California regulators allege that U.S. refiner Phillips 66 improperly began processing renewable diesel in a unit at its Rodeo, California refinery, the company confirmed to Reuters.

Toyota Motor Corp's chief lobbied the Japanese government to make clear it supported hybrid vehicles as much as battery electrics or face losing the auto industry's support, a senior lawmaker told a ruling party meeting.

Japan changed a key policy document to show its support for hybrids was on par with battery-electric vehicles after a lawmaker cited the head of Toyota saying automakers couldn't back a government that rejected the technology popularised by the Prius, according to notes from a ruling party meeting.

Rice bran has become a sought-after commodity in India as the world's biggest importer of vegetable oils tries to overcome an edible oil shortage caused by global supply disruptions.

Australian Prime Minister Anthony Albanese will visit France next week as his new Labor government looks to repair relations strained last year when Australia scrapped a French submarine deal.

For Iraqi amputees football team, healing is the goal

Johnson in crisis after Tories crushed in UK parliamentary votes

US senators advanced a bipartisan bill late Thursday addressing the epidemic of gun violence convulsing the country, approving a narrow package of new firearms restrictions and billions of dollars in mental health and school security funding.

Ukraine was set to pull its troops from the ruined city of Sievierodonetsk after weeks of street fighting and bombardment, the regional governor said, in what would be a significant gain for Russia as it grinds out its offensive in the east.

Ukraine was set to pull its troops from the ruined city of Sievierodonetsk after weeks of street fighting and bombardment, the regional governor said, in what would be a significant gain for Russia as it grinds out its offensive in the east.

Ukrainian troops were set to withdraw from the eastern city of Sievierodonetsk after weeks of intense bombardments and street fighting, the regional governor said on Friday, as Russian advances raised fears they could be cut off and surrounded.

Ukraine signalled on Friday its troops were withdrawing from the city of Sievierodonetsk, scene of weeks of heavy fighting, a move that would be a significant setback in its struggle to defeat Russian forces.

President Volodymyr Zelenskiy said Ukraine's formal candidature to join the European Union was a big step towards strengthening Europe at a time when Russia was testing its freedom and unity.

The U.S. dollar slipped on Friday and was on track for its first weekly decline this month, as traders dialed down bets on where interest rates may peak and brought forward their views on the timing of interest rate cuts to counter a possible recession.

The U.S. dollar slipped on Friday and was heading for its first weekly decline this month as traders dialled down bets on where interest rates may peak and brought forward their views on the timing of rate cuts to counter a possible recession.

The U.S. dollar slipped against its major peers on Friday, on course for its first weekly decline this month as investors continue to assess the path for Federal Reserve policy and whether aggressive rate hikes would trigger a recession.

Japan's factory output probably fell in May for a second successive month due to supply chain disruptions caused by strict COVID-19 lockdowns in China, a Reuters poll showed on Friday.

World stocks headed for their first weekly gain in a month and Wall Street was set to open higher on Friday on hopes that slides in copper and other commodities could put a brake on runaway inflation.

Global stocks and benchmark U.S. bonds headed for their first weekly gain in a month on Friday, with economic growth worries tempered by a view that sliding copper and other commodity prices could brake runaway inflation.

Global stocks and bonds headed for their first weekly gain in a month on Friday, with growth concerns tempered by hopes that sliding commodity prices can help brake runaway inflation.

Stocks and bonds were both headed for their first weekly gain in a month on Friday as investors wagered on central banks bringing inflation to heel, though growth fears dragged on commodities.

Indonesian designer's wheels behind leaders' bamboo bike bromance

Boris Johnson's Conservatives lost two parliamentary seats on Friday, a new blow to Britain's prime minister who then lost a close ally with the surprise resignation of his party's chairman and faced renewed calls to quit.

Boris Johnson's Conservatives lost two parliamentary seats on Friday, a crushing blow to the governing party that prompted the resignation of its chairman and intensified doubts about the future of Britain's prime minister.

Toyota Motor shares slipped after it recalled some of its first mass-made all-electric cars, launched two months ago, because of a risk of wheels coming loose, a setback to its ambitions to electrify its model range.