IBT Staff Reporter

Natural disaster losses hit $72 bn in first half 2022: Swiss Re

UK PM hopeful sparks anger with jibe at Scottish leader

Marathon Petroleum smashed quarterly profit estimates on Tuesday, the latest U.S. refiner to benefit from a surge in fuel prices due to strong demand and tight supplies.

British foreign minister Liz Truss, the front-runner to replace Boris Johnson as prime minister, was forced to backtrack on one of her most striking pledges a day after announcing it following a backlash from fellow Conservatives and opposition parties.

First Ukrainian grain shipment since invasion heads to Istanbul

A top mining conference kicked off in West Australia this week with an address by global investor and economist Dambisa Moyo, the first woman to deliver the keynote in the forum's three decade history.

Kansas voters on Tuesday rejected an effort to remove abortion protections from the state's constitution, a resounding win for the abortion rights movement in the first statewide electoral test since the U.S.

Kansas voters on Tuesday rejected an effort to remove abortion protections from the state constitution, a resounding win for the abortion rights movement in the first statewide electoral test since the U.S.

Voters in Kansas will decide on Tuesday whether the state constitution should go on protecting abortion rights in a closely watched referendum that could lead to abortion access being curtailed or banned in America's heartland.

Air Canada on Tuesday missed on earnings as costs rise after posting a smaller quarterly loss and forecasting higher full-year expenses, sending shares down 1% in morning trade.

U.S. conspiracy theorist Alex Jones told a Texas jury on Tuesday that he never intended to hurt parents of a child killed in the 2012 Sandy Hook massacre when he claimed the shooting was a hoax, saying his comments were taken out of context.

The father of a child killed in the Sandy Hook massacre told a jury that he had endured years of "hell" after U.S. conspiracy theorist Alex Jones claimed the shooting was a hoax.

The father of a child killed in the Sandy Hook massacre took the stand on Tuesday to testify that U.S.

U.S. conspiracy theorist Alex Jones is expected to take the stand on Tuesday to defend against claims that he must pay the parents of a child killed in the Sandy Hook massacre for falsely claiming the shooting was a hoax.

America's largest warehouse market is full as major U.S.

The European Commission on Tuesday approved revised restructuring targets for Italian bank Monte dei Paschi di Siena (MPS) and a new deadline for the government to sell its controlling stake.

Afghans cast doubt on Kabul killing of Al-Qaeda chief

Inside the Ukrainian city that said no to occupation

The Russian and Belarusian operations of Raiffeisen Bank International (RBI) posted the sharpest gains in profit among its subsidiaries in the first half, figures on Tuesday showed, even as the Austrian bank weighs a possible withdrawal from the region.

U.S. crypto firm Nomad has been hit by a $190 million theft, blockchain researchers said on Tuesday, the latest such heist to hit the digital asset sector this year.

Al Qaeda chief Ayman al-Zawahiri, who had a $25 million U.S.

As U.S. House of Representatives Speaker Nancy Pelosi headed to Taipei on Tuesday amid intensifying warnings from China, four U.S.

The first grain-carrying ship to leave Ukrainian ports in wartime safely anchored off Turkey's coast on Tuesday, while a senior official said Ankara expects roughly one grain ship to depart from Ukraine every day as long as the export agreement holds.

Turkey expects roughly one grain ship to leave Ukrainian ports each day as long as an agreement that ensures safe passage holds, a senior Turkish official said on Tuesday after the first wartime vessel safely departed Odesa on Monday.

BP profit triples to $9.3 bn on soaring energy prices

Mitsubishi UFJ Financial Group Inc reported a 70% plunge in first-quarter net profit, blaming one-off losses related to the sale of MUFG Union Bank and a drop in the value of its stake in ride-hailing firm Grab Holdings.

Hong Kong's High Court on Tuesday quashed a court reporting restriction for a landmark national security case involving a now disbanded group that once organised the city's annual candlelight vigils to commemorate the 1989 Tiananmen crackdown.

Grim fragments of life seep out from Russian-occupied Ukraine

Maersk raised its 2022 profit guidance for a second time on Tuesday after beating quarterly revenue expectations as congested global supply chains that have boosted freight rates persist longer than expected.