IBT Staff Reporter

Oil prices fell on Wednesday on concerns about fuel demand and global economic growth before an expected big hike in interest rates by the U.S. Federal Reserve.

Oil prices rose on Wednesday, rebounding from losses earlier in the session amid concerns over fuel demand and the broader economy ahead of an expected big hike in interest rates by the U.S.

Oil prices made gains on Wednesday, rebounding from losses earlier in the session amid concerns over fuel demand and the broader economy ahead of an expected big hike in interest rates by the U.S.

Oil prices dropped on Wednesday on worries over fuel demand ahead of a U.S.

Australia is set to raise the national minimum wage by the most in 16 years as families struggle with soaring living costs, a bold decision that also risks further stoking inflation.

Japan's core machinery orders unexpectedly rose in April, at the fastest pace in 18 months, as business spending remained defiantly robust against higher energy prices and China's COVID-19 lockdowns.

Japan's core machinery orders surged unexpectedly in April, government data showed on Wednesday, as business spending remained robust despite uncertainties such as higher energy prices and China's COVID-19 lockdowns.

Netflix Inc's most-watched series is no longer just a fictitious television show after the streaming service greenlit "its biggest reality competition ever" called "Squid Game: The Challenge."

Emergency crews scrambled on Tuesday to reopen roads and restore utilities in rural communities of Montana and Wyoming cut off by historic floods in the first natural disaster to force a summertime closure of Yellowstone National Park in 30 years.

Emergency crews scrambled on Tuesday to reopen roads and restore utility service in isolated communities of Montana and Wyoming cut off by historic floods that forced the first summertime closure of Yellowstone National Park in more than three decades.

A U.N.-backed campaign to drive faster climate action is toughening the minimum standards for companies pledging to cut greenhouse gas emissions, including a requirement for businesses and banks to curb new fossil fuel projects.

A U.N.-backed campaign to drive faster climate action on Wednesday laid out a tougher set of minimum standards for the growing number of companies looking to pledge their efforts to cut greenhouse gas emissions.

BP plc has agreed to buy a 40.5% stake and become operator of an Australian renewable energy project that could become one of the world's biggest producers of green hydrogen, the global oil major said, without disclosing how much it paid.

Firefighters near Flagstaff, Arizona, battled for a third day on Tuesday to contain a wind-driven wildfire that prompted the evacuation of hundreds of homes and authorities arrested a man suspected of starting the blaze while camping in the area.

Confidence among Japanese manufacturers rose in June and was steady in the services sector as resilient demand helped firms withstand pressure from high raw material prices, a Reuters poll showed, in a sign of a gradual economic recovery.

A growing number of people are selectively avoiding important news stories such as the coronavirus pandemic, Russia's invasion of Ukraine, and the cost-of-living crisis, according to a report released on Tuesday.

Bank of America is rolling out a new cash management tool to U.S.-based clients, it said on Tuesday, in a bid to gain market share in the $300 billion cash management business for multi-national corporations.

'Lightyear' banned in 14 markets after same-sex kiss controversy

Ukraine ignored a Russian ultimatum to surrender the eastern city of Sievierodonetsk on Wednesday as the United States announced more weapons for Kyiv, which warned that arms deliveries were taking too long.

Ukraine ignored a Russian ultimatum to surrender the eastern city of Sievierodonetsk on Wednesday as the United States announced more weapons for Kyiv and urged its allies also not to "lose steam" in providing military support.

Ukraine ignored a Russian ultimatum to surrender the eastern city of Sievierodonetsk on Wednesday as Washington urged NATO defence ministers weighing more military support for Kyiv not to lose focus, saying the stakes were too high.

Ukraine ignored a Russian ultimatum to surrender the eastern city of Sievierodonetsk on Wednesday as NATO defence ministers gathered in Brussels to discuss sending more heavy weapons to replenish Kyiv's dwindling stocks.

Ukraine showed no signs of obeying a Russian ultimatum to surrender the eastern city of Sievierodonetsk early on Wednesday as NATO defence ministers gathered in Brussels to discuss sending more heavy weapons to replenish Kyiv's dwindling stocks.

Russia told Ukrainian forces holed up in a chemical plant in the embattled city of Sievierodonetsk to lay down their arms by early Wednesday, pressing its advantage in the battle for control of eastern Ukraine.

Russia's oil profits have likely risen despite lower crude exports and the United States and its allies must find ways to reduce Moscow's oil revenue, possibly by capping prices, U.S.

Walt Disney Co's new animated Pixar movie "Lightyear" features a gay couple, the latest step by the company to show traditionally under-represented groups on the big screen.

Brazilian state-run oil company Petrobras will avoid raising fuel prices until after Congress finishes debating further tax cuts, two sources close to the matter told Reuters on Tuesday.

Warren Buffett on Tuesday donated about $4 billion to the Bill & Melinda Gates Foundation Trust and four family charities, part of the billionaire's pledge to give away nearly all of his net worth.

U.S. Vice President Kamala Harris on Tuesday warned that a Supreme Court ruling overturning the Roe v.