IBT Staff Reporter

Several Kuwait lawmakers are staging an open ended sit-in inside the parliament complex to press the Gulf state's crown prince to appoint a new government after a caretaker administration resigned over two months ago in a standoff with parliament.

Somalia's president nominated on Wednesday Hamza Abdi Barre, a former chairman of the Jubbaland state election commission, as prime minister.

Italy expects to reach an informal agreement with European Union authorities soon over new restructuring goals for Monte dei Paschi di Siena (MPS) and to be granted more time to return the state-owned bank into private hands, two sources said.

Strike flattens street far from frontline in Ukraine's east

Berlin blasts 'political decision' in Gazprom's gas squeeze

The CEO of 26 Capital Acquisition Corp said on Wednesday the blank-check firm was committed to its $2.5 billion purchase of the Philippines' biggest integrated casino-resort, despite a wrangle for control involving current owners.

UK could ditch European rights pact after Rwanda plan blocked

Russia's Gazprom on Wednesday announced a further cut in the amount of gas it can pump through the Nord Stream 1 pipeline to Europe, a move Germany's economy minister said was aimed at sowing uncertainty and pushing up fuel prices.

Global regulators published a detailed checklist for banks on Wednesday to assess how climate change affects all aspects of their business, including pay and capital, as economies set carbon reduction targets.

Energy executives at a Reuters conference on Wednesday urged shorter-term solutions such as efficiency and conservation during the current fuel supply crunch, saying companies must scramble to meet climate targets set for 2030.

Energy company officials at an industry conference on Wednesday urged shorter-term solutions such as efficiency and conservation as the world transitions to more renewable energy, saying companies must scramble to meet climate targets set for 2030.

Energy company officials on Wednesday urged using shorter-term solutions such as energy efficiency and conservation as the world makes the transition to renewable energy, saying companies must scramble to meet climate targets set for 2030.

Macron's 'attack dog' faces fight to hold seat in parliament

Brazil's Natura & Co Holding SA said on Wednesday that Chief Executive and Executive Chairman Roberto Marques was stepping down in an organizational shakeup, handing over the reins of the cosmetics maker to board member Fabio Barbosa.

Kroger Co's quarterly profit is expected to be largely untouched by any wider demand dip on Thursday, with even the most price-conscious shoppers drawn by its groceries and household essentials.

An Israeli court on Wednesday convicted a Palestinian aid worker who has been detained for six years on Israeli charges he funneled tens of millions of dollars in relief funds to the militant group Hamas.

Celsius Network, the retail crypto lending platform whose liquidity problems have sent cryptocurrencies plunging, stumbled on complex investments in the wholesale digital asset market in what analysts say was akin to a traditional bank run.

President Joe Biden on Wednesday announced a fresh U.S.

President Joe Biden on Wednesday announced a fresh infusion of $1 billion in weapons for Ukraine that includes anti-ship rocket systems, artillery rockets, howitzers and ammunition.

Pakistan military says ailing Musharraf should be 'allowed home'

Another sweltering hot day loomed on Wednesday for the middle third of the United States, where dangerously high temperatures were stuck well above normal while officials warned people to stay indoors and hydrated.

Toymaker Lego on Wednesday said it will invest more than $1 billion in a factory in the United States to shorten supply chains and keep up with growing demand for its coloured plastic bricks in one of its biggest markets.

The U.S. government has pushed new, increased funding into three technology companies since the start of the Ukraine conflict to help Russians sidestep censors and access Western media, according to five people familiar with the situation.

Arizona fire captain Kevin Goodman says his company, Escape Armour, exists for one reason: to prevent the loss of even a single child in a school shooting.

A U.N. commission set up to investigate possible war crimes in Ukraine during the Russian invasion said on Wednesday it had not yet not managed to establish contact with Russia.

Russia on Wednesday said it has offered "safe passage" for Ukraine grain shipments from Black Sea ports but is not responsible for establishing the corridors and Turkey suggested that ships could be guided around sea mines.

In the tunnels of Azovstal, traces of Ukraine's resistance

Saudi pro-government commentators are gloating over U.S.

Tax cuts are likely to cost over 110 billion reais ($21.5 billion) in Brazilian tax revenue this year, as President Jair Bolsonaro tries to ease inflation and spur the economy in an election year despite economists' warnings of blowback in 2023.