IBT Staff Reporter

PGA Tour bans LIV Golf rebels as new series launches

China's central leadership has given a tentative green light to Jack Ma's Ant Group to revive its initial public offering in Shanghai and Hong Kong, two sources with knowledge of the matter told Reuters on Thursday.

Berlin car-ramming driver mentally ill: prosecutors

The International Monetary Fund expects to further cut its forecast for global economic growth in 2022 next month, an IMF spokesperson said on Thursday, following moves by the World Bank and Organization for Economic Co-operation and Development (OECD) to cut their own forecasts this week.

A panel of experts drafted by the World Health Organization to investigate the origins of the COVID-19 pandemic and prepare a framework to investigate future outbreaks has published its first report.

The PGA Tour has suspended all current and future players who have decided to join the Saudi-backed LIV Golf Invitational Series that began on Thursday.

The PGA Tour suspended longtime fan favourite Phil Mickelson and all other members who decided to join the Saudi-backed LIV Golf Invitational Series that began on Thursday and said anyone else who makes the jump will face the same fate.

The battle for Sievierodonetsk is being waged house to house as Ukrainian fighters hope for the delivery of heavy weapons that might "turn the tide," a Ukrainian commander said on Thursday.

Brazilian police investigating the disappearance of a British journalist and an indigenous expert in the Amazon rainforest are focusing on people involved in illegal fishing and poaching in indigenous lands, three officers told Reuters.

The Bank of Canada on Thursday said the country's financial system faced an increased risk from highly indebted households, notably the rising number of people who have stretched to buy homes at elevated prices and are now vulnerable to rate hikes.

Bank of Canada Governor Tiff Macklem on Thursday said inflation would dictate how fast interest rates go up, reiterating that the bank might need to make more increases in a row or consider a move larger than 50 basis points.

Hot inflation is the Bank of Canada's primary focus as it raises interest rates, a senior central bank official told Reuters on Thursday, making it clear that the bank was willing to accept a housing market correction in order to curb consumer price gains.

By David LjunggrenOTTAWA - Some Canadians who took out mortgages in 2020-21 could see their monthly payments jump by as much as 45% in 2025-26, given rising rates, according to a Bank of Canada scenario released on Thursday.

The World Health Organization said on Thursday its latest investigation into the origins of COVID-19 was inconclusive, largely because data from China is missing, another blow to its years-long effort to determine how the pandemic began.

Brazil's government on Thursday night moved forward with its bid to privatize Eletrobras, Latin America's largest utility, as the share offering through which its stake in the company is set to be diluted was priced.

Some 1,000 SAS pilots in Denmark, Norway and Sweden could go on strike from late June over disagreements on wages and ways to cut costs at the struggling Nordic airline, labour unions said, drawing a sharp rebuke from the company.

The EMEA Credit Derivatives Determinations Committee said on Thursday it was deferring a decision over how to hold a potential auction on Russian credit default swaps (CDS) following an update on U.S.

Top Kremlin critic Alexei Navalny will remain in prison as long as Vladimir Putin is in power and Russia's opposition and Ukraine share a "common enemy" in the Russian president, one of Navalny's top lieutenants said.

Biden faces discord at Americas summit

Fossilized bones discovered on a rocky seashore on England's Isle of Wight are the remains of a meat-eating dinosaur that may be larger than any other known from Europe, a beast that was a cousin of the biggest carnivorous dinosaur species on record.

Britannia Global Markets will give up Category 2 membership of the London Metal Exchange (LME) from June 20 after the recent nickel debacle which led the exchange to suspend trading and cancel all nickel trades on March 8.

Paris police chief admits security 'failure' at European final

Sandberg exit unlikely to improve Facebook: whistleblower

U.S. stock indexes were set to open lower on Thursday as rising bond yields pressured technology and growth stocks, while concerns around surging inflation and the path for interest rate hikes sapped risk appetite.

Wall Street's main indexes slipped in choppy trading on Thursday as technology and growth stocks struggled for direction amid rising bond yields and weaker risk appetite on concerns around surging inflation and aggressive interest rate hikes.

Wall Street's main indexes fell in choppy trading on Thursday, as growth and bank stocks slipped amid weaker risk appetite ahead of a closely watched inflation report this week.

Medvedev: Russia's reforming president turned arch-hawk

Europe's 'largest predatory dinosaur' found by UK fossil hunter

Iran on Thursday dealt a near-fatal blow to chances of reviving the 2015 Iran nuclear deal as it began removing essentially all the International Atomic Energy Agency monitoring equipment installed under the deal, IAEA chief Rafael Grossi said.