IBT Staff Reporter

Pakistan will reduce its official work week to five days from six in a bid to reduce energy and fuel consumption as part of an energy conservation plan approved by the country's cabinet on Tuesday, the information minister said.

Dustin Johnson quits PGA Tour to play in Saudi-funded breakaway series

Indonesia Trade Minister Muhammad Lutfi said on Tuesday the government would bring down its combined maximum crude palm oil export and levy rate to $488 per tonne from $575 per tonne to encourage shipments.

Kering will outline plans to reinvigorate sales at its star label Gucci this week, throwing the spotlight on its approach in China - a key growth driver for leading luxury houses that has been hit by its new COVID lockdowns.

Bluebird bio's blood disorder treatment demonstrates "clinically meaningful" benefit in patients, staff reviewers at the U.S.

Britain will begin live testing of crypto blockchain technology for traditional market activities such as trading and settlement of stocks and bonds next year as part of a drive to become a global "crypto hub", the finance ministry said on Tuesday.

The Vatican on Tuesday unveiled a committee to oversee the ethics of its investments, even as a corruption trial related to a botched London real estate deal in which it lost more than 200 millions euros continued.

EU agrees single charger standard, in blow to Apple

A Toshiba Corp external director on Tuesday rejected criticism that having two shareholder representatives would skew the board, as boardroom tensions at the troubled conglomerate erupted into a public row over a slate of director candidates.

Following weeks of violence in different parts of Israel and the West Bank, Israeli nationalists have targeted the red, green, black and white Palestinian colours in an escalating "flag war" that underscores a struggle over status and identity.

Relocating euro clearing from London to the European Union must be "market-led" rather than mandatory, with the shift already well underway, the head of Eurex Clearing said on Tuesday.

Militiamen killed 12 people in a night raid on a village in eastern Democratic Republic of Congo near the shore of Lake Albert, a local human rights group said on Tuesday.

Target Corp on Tuesday cut its quarterly profit margin forecast issued just weeks earlier, and said it would have to offer deeper discounts to clear inventory as decades-high inflation takes a toll on demand.

Advisers to the U.S. Food and Drug Administration on Tuesday will consider whether to recommend Novavax Inc's COVID-19 vaccine for adults, which the drugmaker hopes can become the shot of choice among some American vaccine skeptics.

Advisers to the U.S. Food and Drug Administration on Tuesday will vote on whether to recommend authorizing Novavax Inc's COVID-19 vaccine, which the drugmaker hopes can become the shot of choice among some American vaccine skeptics.

Advisers to the U.S. Food and Drug Administration on Tuesday voted overwhelmingly to recommend that the agency authorize Novavax Inc's COVID-19 vaccine for use in adults, which the drugmaker hopes can become the shot of choice among some American vaccine skeptics.

Police violence in spotlight as French parliament vote looms

The U.S. Treasury on Tuesday announced the first state awards from a $10 billion COVID-19 aid program aimed at boosting broadband internet access in underserved communities, funding $583 million worth of projects in Virginia, West Virginia, Louisiana and New Hampshire.

U.S. stock indexes were set for a lower open on Tuesday, after Target Corp's quarterly margin forecast cut raised worries about slowing demand in an inflationary environment and dragged down retail shares.

U.S. stock indexes fell on Tuesday as elevated Treasury yields hit rate-sensitive growth stocks, while Target Corp's gloomy margin forecast spooked the retail sector.

U.S. stock indexes slipped in choppy trading on Tuesday as investors digested Target Corp's gloomy margin forecast that spooked the retail sector, while awaiting inflation data due later this week.

Germany is ready to ramp up its military mission in Lithuania in response to Russia's invasion of Ukraine, German Chancellor Olaf Scholz said during a visit to Vilnius on Tuesday.

The share of emerging markets with budget and current account deficits of 4% of GDP or more is set to hit a record this year, ratings agency Fitch said Tuesday, as price hikes caused by Russia's war in Ukraine compound the COVID-19 pandemic's impact.

Russia and Syrian government forces have been bolstered in northern Syria where Turkey may soon launch an offensive against Kurdish fighters, Turkish and rebel Syrian officials said, as Ankara prepares for talks with Moscow.

Credit Suisse has appointed Min Huang to lead its asset management business in the Asia Pacific, an internal memo reviewed by Reuters showed on Tuesday.

Italy's economy will grow by 2.8% this year, national statistics bureau ISTAT said on Tuesday, slashing a 4.7% projection made in December as high raw material prices and the war in Ukraine weigh on the outlook.

Demand for pre-construction condominiums across Toronto has started to soften with rising interest rates, but market- watchers say developers are unlikely to cut prices with margins already under pressure, choosing to delay projects instead.

A former member of Donald Trump's cabinet was attempting a return to the U.S.

Polls began closing on Tuesday in midterm primary elections in seven U.S.