IBT Staff Reporter

Goldman Sachs' President and Chief Operating Officer John Waldron said on Thursday the bank continues to look for acquisition opportunities in the wealth and asset management space, as it seeks to diversify its revenue stream.

Goldman Sachs' President and Chief Operating Officer John Waldron said on Thursday the current economic turmoil is one of the most challenging ones he has ever faced in his career.

North Korea, which is under sanctions for developing nuclear weapons in defiance of United Nations Security Council Resolutions, has taken over as head of a U.N.

Sri Lanka seeks to secure around $5 billion in funding this year to cover repayments for fuel imports and other items bought through credit lines, and another $1 billion to bolster its foreign reserves, the prime minister's office said on Thursday.

The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank Sberbank, after much wrangling with Hungary, as punishment for Russian President Vladimir Putin's Feb.

Manufacturer Baykar and Turkey's Defence Industry Agency will donate a Bayraktar TB2 advanced combat drone to Lithuania for transfer to Ukraine, after Lithuanians crowdfunded nearly 6 million euros to buy it, Lithuania's defence ministry said on Thursday.

A Hindu bank manager was shot and killed inside his office in Kashmir on Thursday, police said, as a wave of targeted killings drove more Hindu families to flee India's only Muslim-majority federal territory.

A Hindu bank manager and a labourer were shot and killed in Kashmir on Thursday, police said, as a wave of targeted killings drove more Hindu families to flee India's only Muslim-majority federal territory.

With Russian gold and diamonds off-limits due to the war in Ukraine, makers of luxury jewellery and watches are finding it more difficult to secure raw materials and address human rights issues in supply chains.

Microsoft Corp on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest U.S. company to warn of a hit from a stronger greenback.

Macron faces calls to finally make Ukraine trip

Ford Motor Co on Thursday said it will invest $3.7 billion in assembly plants in Michigan, Ohio and Missouri for production of both electric and gasoline-powered vehicles.

U.S. Treasury Secretary Janet Yellen this week issued a 'mea culpa' on getting it wrong on inflation.

OPEC+ agrees bigger output boost amid Russian isolation

Hong Kong rights lawyer says he fled 'cold winds' of suppression

As many Shanghai residents rushed onto the streets this week to reunite with friends and pop champagne to celebrate the end of a two month-long lockdown, Li Menghua was busy packing up his hair salon, a casualty of the draconian quest to stamp out COVID-19.

An Omicron sub-variant has fuelled a surge in COVID-19 cases in Portugal that now has the world's second-highest infection rate, potentially threatening the tourism sector's recovery.

A referendum on constitutional reform to decentralise power in Kazakhstan this week after unprecedented turbulence could help President Kassym-Jomart Tokayev build political capital for a second term in the oil-rich country allied with Russia.

Russia's invasion of Ukraine enters 100th day as fighting rages

U.S. stock indexes were set for a mixed open on Thursday as shares of Microsoft fell after the company lowered its profit forecast, offsetting relief from a pullback in oil prices that eased worries about rising inflation.

The S&P 500 and the Dow lost ground on Thursday after Microsoft made a surprise cut to its earnings outlook and comments from a Federal Reserve official quashed recent optimism about an eventual pause in the central bank's rate hike moves.

U.S. stock indexes rose in choppy trading on Thursday led by Tesla and other growth stocks, with investor focus on Microsoft's forecast cut and comments from a Federal Reserve official ahead of a key jobs report due on Friday.

Wall Street rallied on Thursday, led by Tesla, Nvidia and other megacap growth stocks in a choppy session ahead of a key jobs report due on Friday.

Wall Street ended sharply higher on Thursday, led by Tesla, Nvidia and other megacap growth stocks in a choppy session ahead of a key jobs report due on Friday.

Sheep herders in the U.S. West have banded together to sue their employers, accusing them of operating an illegal cartel that artificially suppresses their wages, according to court documents filed Wednesday in Nevada.

Toronto shares rose on Thursday, led by mining stocks as a weakening U.S.

Canada's main stock index rose on Thursday to its highest level in nearly one month, helped by gains for metal mining and technology shares, as investors began to look past the recent spell of downbeat news for the market.

Spellers ages 7-15 traveled across the United States and from as far away as Guam to compete on Thursday for the title of "Champion" in the 2022 Scripps National Spelling Bee.

Harini Logan, 14, of San Antonio won the 2022 Scripps National Spelling Bee on Thursday after a first-ever "spell-off" was required for a champion to emerge in the extremely close competition.