IBT Staff Reporter

Some options players are betting that this year's selloff in the shares of retailers may be overdone, at least for the near term.

Fears mount for British journalist missing in Amazon

The EU's chief executive sought to reassure angry European lawmakers on Tuesday that Poland would receive no COVID economic recovery funds before it has acted to reinstate independent courts, after having formally unlocked the money last week.

Tesla Inc filed a complaint on Tuesday accusing a California civil rights agency that is suing the electric car maker for race discrimination of rushing to file lawsuits against businesses without conducting proper investigations.

Tesla Inc on Tuesday accused a California civil rights agency of rushing to sue businesses without conducting proper investigations, an attempt to go on the offensive as the electric car maker faces claims of widespread race bias at an assembly plant.

US opposes dictators? Yes! Except when it supports them

Investors who speculate on whether mergers and acquisitions will be completed as agreed are betting against the shares of some companies that have inked leveraged buyouts in the wake of private equity firm Thoma Bravo renegotiating a deal.

'No choice': The Ukrainians forced to flee to Russia

A North Carolina county has agreed to settle a lawsuit and pay $3 million to the family of Andrew Brown Jr., a Black man who was shot and killed by deputies as he drove away from his home in 2021, the local sheriff said in a statement.

Brazilian police have interviewed two people among the last to have seen a British journalist and indigenous expert who went missing in a remote and lawless part of the Amazon jungle, the federal police said in a statement on Tuesday.

Brazilian police have opened a criminal probe and interviewed at least four witnesses believed to be among the last to have seen a British journalist and an indigenous expert who went missing in a remote and lawless part of the Amazon jungle on Sunday.

Qatar has picked Exxon Mobil Corp, TotalEnergies SE, Shell and ConocoPhillips as partners in the expansion of the world's largest liquefied natural gas (LNG) project, people with knowledge of the matter said on Tuesday.

The IMF said on Tuesday governments fighting soaring food and fuel prices should target aid to vulnerable citizens rather than issue across-the-board aid that risked adding to strains on public finances.

A Texas school shooting, a looming Supreme Court decision on abortion and grievances about security at the U.S.-Mexico border could mobilize American extremists to violence, the Department of Homeland Security (DHS) said on Tuesday.

Top lithium producer Albemarle Corp may have to shut its Langelsheim plant in Germany if the metal used in electric vehicle batteries is declared a hazardous material by the European Union, its finance chief told Reuters.

The U.S. Treasury Department has banned U.S. money managers from buying any Russian debt or stocks in secondary markets, on top of its existing ban on new-issue purchases, in its latest sanctions on Moscow over its invasion of Ukraine.

The Spanish parliament will vote on Tuesday whether to draw up legislation to abolish prostitution, cracking down further on pimping and introducing tougher penalties for men buying sex in a controversial initiative that has split the women's rights movement.

Spain voted on Tuesday in favour of a proposal to draw up legislation to abolish prostitution, cracking down further on pimping and introducing tougher penalties for men buying sex in a controversial initiative that has split the women's rights movement.

Belgian king arrives in DR Congo for key visit

A leading airline industry official on Tuesday blasted British politicians for criticizing long airport lines and canceled flights once COVID-19 cases eased and in turn assailed Prime Minister Boris Johnson's own response to the pandemic.

Democrats in the U.S. Senate said on Tuesday they were encouraged by talks with Republicans on gun-violence legislation, but warned that any compromise would fall short of the steps they say are needed to tackle the problem.

Israel mainly to blame for conflict: UN report

Kraft Heinz Co aims to double the pace of its sales growth in Latin America, making the region its second-largest global market within the next five years, the top regional executive of the packaged food maker told Reuters.

Leaders of India's Hindu nationalist ruling party on Tuesday instructed officials to be "extremely cautious" when talking about religion on public platforms after derogatory remarks about the Prophet Mohammad drew protests from Islamic nations.

An independent commission of inquiry set up by the U.N.

UK's wounded Johnson fights on despite Tory revolt

The United States faces "unacceptable levels of inflation" and an appropriate budgetary stance is needed to help dampen inflationary pressures without undermining the economy, U.S.

The United States faces "unacceptable levels of inflation" Treasury Secretary Janet Yellen told senators on Tuesday, adding that it was likely to remain high but that she hoped price increases would soon moderate.

U.S. Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation to remain high and the Biden administration would likely increase the 4.7% inflation forecast for this year in its budget proposal.