IBT Staff Reporter

Turkey's foreign minister said on Wednesday a United Nations plan to ease a global food crisis by restarting Ukrainian grain exports along a sea corridor was "reasonable", and requires more talks with Moscow and Kyiv to ensure ships' safety.

Turkey's foreign minister said on Wednesday a United Nations plan to ease a global food crisis by restarting Ukrainian grain exports along a sea corridor was "reasonable", and required more talks with Moscow and Kyiv to ensure ships' safety.

OECD sees lower world growth due to Ukraine war's 'hefty price'

Sales of green sovereign bonds are gathering momentum after being disrupted by the Ukraine war, with 12 billion euros ($12.8 billion) worth of debt raised in just the past two weeks and more deals lined up for the coming months.

Lebanon's caretaker energy minister said on Wednesday "politics" was behind the delay of a U.S.-backed deal to supply his country with electricity from Jordan via Syrian territory to ease crippling power shortages.

A car drove into a crowd of people in Berlin on Wednesday, killing one person as it veered onto a pavement twice in a district of the German capital popular with tourists and shoppers, police said.

A 29-year-old man drove his car into a crowd of people in Berlin on Wednesday, killing one person as his vehicle veered onto a pavement twice in a district of the German capital popular with tourists and shoppers, police said.

A 29-year-old man drove into a crowd of people in Berlin on Wednesday, killing a teacher and injuring a dozen people, some critically, as his car veered onto a pavement twice in a popular shopping district, officials said.

Trial opens for fallen football chiefs Blatter and Platini

Money markets ramped up their bets on European Central Bank (ECB) interest rate rises on Wednesday to price in more than 75 basis points (bps) of hikes by September.

A former Afghan minister, who fled as the Taliban took over Afghanistan last year, returned on Wednesday, officials said, following security assurances given as part of the hardline group's initiative to woo back high-profile individuals.

Thailand's 'Joe Ferrari' cop jailed for life over death of suspect

European shares fell on Wednesday as a 6% slide in Credit Suisse following a profit warning dragged on lenders, while investors braced for the European Central Bank's meeting on Thursday and the U.S.

European shares fell on Wednesday with concerns around economic growth slowdown and a gloomy forecast by Credit Suisse weighing on banks, while investors braced for the European Central Bank's meeting on Thursday and the U.S.

An international agreement on waiving intellectual property rights for COVID-19 vaccines is within reach ahead of a global trade meeting next week, the head of the World Trade Organization said on Wednesday.

At least 17 killed in train derailment in central Iran

Thailand's central bank left its key interest rate unchanged at a record low again on Wednesday, despite surging inflation, and raised slightly its 2022 growth forecast for the pandemic-hit economy.

Thailand's central bank held its key rate at a record low to ensure a continued economic recovery but said upside risks to both growth and inflation were reducing the need for the current accommodative policy stance.

President Joe Biden kicks off a summit on Wednesday that was conceived as a platform to showcase U.S.

President Joe Biden kicks off a summit on Wednesday that was conceived as a platform to showcase U.S.

The Biden administration unveiled a new proposed U.S.

Deep in a forest in Nigeria's Ebute Ipare village, Egbontoluwa Marigi sized up a tall mahogany tree, methodically cut it down with his axe and machete, and as it fell with a crackling sound, he surveyed the forest for the next tree.

It was the moment when two brothers who had dominated Sri Lanka's politics for nearly 20 years finally went their separate ways.

The grocery delivery industry that erupted in the depths of lockdown is facing a painful period of adjustment that investors say is likely to see only a handful of firms survive in each market - and then, in very different shape.

If indeed there is an economic hurricane coming, then someone should shake the junk bond market.

Wizz Air said on Wednesday it was suffering significant costs from cancellations and "operational hiccups" at airports, especially in the United Kingdom, as the industry tackles a shortage of air traffic controllers and security staff.

China's Tencent Holdings said on Wednesday that it will release its flagship mobile game "Honor of Kings" globally by the end of the year as the domestic internet giant pivots to the international gaming market.

Police in northern India arrested a youth leader from the Hindu nationalist ruling party for posting anti-Muslim comments on social media after derogatory remarks by another party official about the Prophet Mohammad led to a diplomatic furore, officials said on Wednesday.

India tightened public security on Wednesday after the circulation of a letter warning of Islamist militant attacks to avenge derogatory remarks about the Prophet Mohammad by an official of the ruling Hindu nationalist party.