IBT Staff Reporter

President Emmanuel Macron voiced a tougher line on Russia on Wednesday after visiting French and allied troops at a NATO base in Romania, seeking to assuage concerns in Ukraine and among some European allies over his previous stance towards Moscow.

Bitcoin recovered on Wednesday after diving to an 18-month low, buoyed by the U.S.

Bitcoin slumped on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals.

Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals.

Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and spurring a sharp fall in crypto markets sparked by crypto lender Celsius freezing customer withdrawals.

Bitcoin fell on Wednesday to a new 18-month low, dragging down smaller tokens with it, as the recent tumble in crypto markets showed no sign of letting up.

Flights resume after computer glitch shuts Swiss airspace

New Japan law aims to help people pressured into porn

Drivers around the world are tolerating record-high prices for road fuels, as mobility wins out for now over other spending in squeezed household budgets, data showed.

South Korea's unionised truckers drove a strong bargain with their largely peaceful strike action proving effective without antagonising a public largely unsympathetic towards unions after years of militant action.

The global technology industry is pressing the World Trade Organization to exempt data flows from cross-border tariffs, saying a failure to do so would undermine a global recovery already threatened by spiralling prices.

China's recent lockdowns to control the spread of COVID-19 have made Apple Inc iPhone assembler Pegatron Corp "emphasise" its expansion in other countries, a senior executive at the Taiwanese firm said on Wednesday.

Britain pressed on with its plan to deport asylum seekers to Rwanda on Wednesday despite a last-minute intervention by European judges that grounded the first flight minutes before it was due to depart.

Two police officers in southern California were shot and killed while responding to a possible stabbing at a local motel where they were ambushed by the suspect who was fatally wounded himself during the shootout, authorities said.

A shooting in the southern California city of El Monte left two police officers and a suspect dead, authorities said late on Tuesday, adding that the officers were shot in the line of duty while responding to a report of a possible stabbing.

Slumping stocks and surging bond yields are rapidly crimping global financial conditions, yet given their effect on dampening economic growth and eventually inflation, the moves might be welcomed by the Federal Reserve and other central banks.

Slumping stocks and surging bond yields are rapidly crimping global financial conditions, yet given their effect on dampening economic growth and eventually inflation, the moves might be welcomed by the Federal Reserve and other central banks.

H&M, the world's second-biggest fashion retailer, posted a forecast-beating 17% jump in March-May sales, joining main rival Inditex in reporting a rebound in demand as pandemic restrictions have eased.

H&M, the world's second-biggest fashion retailer, posted a bigger than expected rise in sales in the three months from March, joining its main rival Inditex in reporting a rebound in demand after the pandemic.

If the U.S. Federal Reserve's plans are changing week to week, then the concept of "forward guidance" as a policy tool has been well and truly abandoned.

The European Central Bank promised fresh support for the bloc's indebted southern rim on Wednesday, tempering a market rout that threatened a repeat of the debt crisis that almost brought down the single currency a decade ago.

The European Central Bank promised fresh support and a new scheme on Wednesday to temper a market rout that has fanned fears of a new debt crisis on the euro area's southern rim but appears to have disappointed investors looking for bolder steps.

The European Central Bank unveiled fresh measures on Wednesday to temper a market rout that has fanned fears of a new debt crisis on the bloc's southern periphery but appears to have disappointed some investors looking for a more decisive step.

European Central Bank's policymakers were holding a rare, unscheduled meeting on Wednesday to discuss a blowout in borrowing costs for some euro zone nations, fanning speculation the bank may be gearing to act to calm markets.

Shut out of the bond market and spurned by banks, a growing number of cash-starved Chinese local government financing units are tapping a loosely regulated funding channel to directly court yield-hungry retail investors.

As India faces a crippling surge in food and fuel prices, its policymakers will be counting mostly on this year's monsoon rains, not just interest rate hikes, to take inflationary pressure off the country's households and businesses.

President Joe Biden's top officials and Federal Reserve Chair Jerome Powell were quick to dismiss the first embers of inflation in the spring of 2021 in a single word: Transitory.

Germany, Denmark, Slovenia and seven other European Union countries on Wednesday warned of attempts to weaken the bloc's climate change policies, which they said are pushing negotiators towards deals that could thwart the region's green goals.

Private capital has a keen eye on British bus companies.