IBT Staff Reporter

German government bond yields rose sharply on Monday as signs of broadening inflationary pressures in Europe's economic powerhouse and hawkish comments from top policymakers reaffirmed expectations of higher interest rates in the bloc.

Spreads between core and peripheral euro zone bond yields steadied on Monday amid mild concerns about the political outlook for France after President Emmanuel Macron lost control of Parliament in a legislative election.

An accelerated breakdown in services including water and electricity supplies has left Sudanese citizens counting the cost of political stalemate after a military takeover last October.

India's top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia in the second half of May, two trade sources and one government source said, weeks after pledging to stop doing business with Russia.

The Chechens fighting Russia on the front line

Bankrupt Sri Lanka opens IMF talks, begins shutdown

Israel is building a U.S.-sponsored regional air defence alliance, the Israeli defence minister said on Monday, adding that the apparatus has already foiled attempted Iranian attacks and could be boosted by President Joe Biden's visit next month.

Oscar-winning screenwriter Paul Haggis is under house arrest in southern Italy on charges of sexual assault and aggravated personal injury, accusations that the Canadian director denies, his lawyers said on Monday.

Oscar-winning Canadian screenwriter and director Paul Haggis is under house arrest in southern Italy on charges of sexual assault and aggravated personal injury, accusations that Haggis denies, his lawyers said on Monday.

Britain's biggest rail strike in 30 years will begin on Tuesday when tens of thousands of staff walk out in a pay dispute that unions warn could lead to coordinated action across other industries.

Britain faces its biggest rail strike in 30 years this week when tens of thousands of staff walk out in a pay dispute that unions warn could lead to coordinated action across other industries due to the mounting cost of living crisis.

Her elderly neighbor is hard of hearing so Maria Luisa Robles, a convenience store worker in the northern Mexican city of Monterrey

Airports capping flight numbers this summer could face legal challenges from service providers to recoup costs after recruiting workers based on original schedules, the chief executive of aviation services company Swissport said on Monday.

Several European Union countries are pushing to start work on a new package of sanctions against Russia and Belarus for the invasion of Ukraine and also want to grant more military support to Kyiv, according to diplomats and a draft document.

Authorities in India cancelled more than 500 train services on Monday because of calls for protests by young men angry with a military recruitment plan that they say will rob them of the opportunity of a career in the armed forces.

Authorities in India cancelled more than 500 trains services on Monday because of calls for protests by young men angry with a military recruitment plan that they say will rob them of the opportunity of a career in the armed forces.

Emergency planes dumped water over part of rural western Spain on Monday to prevent flames reigniting from a huge wildfire that had ravaged about 30,000 hectares of land during a heatwave, the region's environmental service said.

Sanctioned Russia becomes China's main source of oil

Global airlines battered by COVID-19 seem confident of narrowing their losses but still face challenges such as labour shortages at airports which could restrict post-crisis growth, industry executives at a summit in Doha said.

Global airlines battered by COVID-19 seem confident of narrowing their losses and went on the offensive at an industry summit in Qatar, criticising governments and airports over their handling of the recovery from the pandemic.

Europe's biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia that threaten an energy crisis in winter if stores are not refilled.

Telecom Italia's (TIM) top investor Vivendi wants the phone group to value its fixed landline network at 31 billion euros ($33 billion) in any sale, far above analysts' and TIM's own estimate, a source close to the French group said.

Telecom Italia's (TIM) top investor Vivendi wants its fixed landline network to be valued at 31 billion euros ($33 billion) in any sale, far higher than analysts and the telecom company had forecast, a source close to the French group said.

Russia on Monday accused some members of the Group of 20 major economies of politicizing a meeting on global health, as it faced criticism over how its invasion of Ukraine in February had plunged its healthcare system into chaos.

Each morning in this Somali border town, 11-year-old Bashir Nur Salat plots his day's mission behind a crooked wire fence.

FINA's decision to restrict transgender athletes in elite women's swimming has provided a blueprint for other sports to follow in balancing fairness with inclusion, a top medical official at the global governing body said.

High-end home appliances and camping gear were among Chinese shoppers' most sought after buys during the "618" shopping festival, according to e-commerce platforms, in a sign of how China's COVID-19 curbs are driving lifestyle changes.

Soldiers on small boats delivered relief material on Monday across flooded towns and villages in Bangladesh, after more than nine million people were marooned in the low-lying country and neighbouring India following heavy rains, officials said.

Authorities in flood-hit Bangladesh and northeastern India scrambled on Monday to provide aid to more than nine million people marooned after the heaviest rains in years killed at least 54 people across both South Asian nations, officials said.