IBT Staff Reporter

Blinken says global order must survive China, but no 'Cold War'

Oil's bull run is taking little notice of the strong U.S.

The acting director of Africa's top public health agency said on Thursday that he hoped vaccine hoarding, as seen by wealthier nations during the COVID-19 pandemic, would not be repeated with the current monkeypox outbreak.

Two captured Russian soldiers pleaded guilty on Thursday to shelling a town in eastern Ukraine in the second war crimes trial of the war.

Royal Bank of Canada, Toronto-Dominion Bank and Canadian Imperial Bank of Commerce (CIBC) reported diverging second-quarter performances on Thursday with the former two comfortably beating expectations while the latter missed, all driven largely by provisions for credit losses (PCLs).

Royal Bank of Canada and Toronto-Dominion Bank on Thursday reported second-quarter profits that beat estimates, as provisions for credit losses (PCLs) improve at most Canadian banks, while Canadian Imperial Bank of Commerce (CIBC) posted the lone miss on the earnings front as its PCLs rose.

Diali Kaba's mother woke her up on Thursday morning with terrifying news: There had been a fire at the hospital in their town in Senegal where Kaba's two-week-old daughter was being cared for, and 11 babies were dead.

Three weeks ago, Ramata Gueye died after giving birth to a son, Mohamed, seven months into her pregnancy.

Russia will not win its war in Ukraine and President Vladimir Putin must not dictate the terms of any peace agreement, German Chancellor Olaf Scholz said on Thursday.

Ukraine's children of war roam rubble of eastern front

Indian security forces have killed six militants in Kashmir in the past 24 hours while militants shot dead a female TV performer and a police officer, officials said on Thursday, following the conviction of the region's best-known separatist.

Santos Ltd urged South Korea on Thursday to invest in Australian gas combined with carbon capture and storage to help meet South Korea's needs until 2050.

A proposal to condemn the regional health emergency triggered by Russia's aggression in Ukraine will come before a World Health Organization (WHO) assembly on Thursday, prompting a rival resolution from Moscow that makes no mention of its own role in the crisis.

The World Health Organization assembly passed a motion on Thursday condemning the regional health emergency triggered by Russia's invasion of Ukraine and rejected a rival resolution from Moscow that made no mention of its own role in the crisis.

China premier issues warning on Covid-hit economy

Two months into harsh COVID-19 lockdowns that have choked global supply chains, China's economy is staggering back to its feet, but businesses from retailers to chipmakers are warning of slow sales as consumers in the country slam the brakes on spending.

Toshiba Corp nominated an executive from M&A advisory firm Houlihan Lokey as chairperson and activist shareholders as outside directors on Thursday, in a board overhaul that could intensify pressure to take the conglomerate private.

Britain must pay for increased support to households in a way that does not deter investment, Cabinet Office minister Steve Barclay said on Thursday ahead of an expected announcement of new measures to cope with rising energy bills.

Britain must pay for increased support to households in a way that does not deter investment, Cabinet Office minister Steve Barclay said on Thursday ahead of an expected announcement of new measures to cope with rising energy bills.

Britain announced a 25% windfall tax on oil and gas producers' profits on Thursday, alongside a 15 billion pound ($18.9 billion) package of support for households struggling to meet soaring energy bills.

Pakistan's ousted prime minister Imran Khan disbanded a protest march by supporters on Thursday after clashes with police outside parliament the previous evening, but he warned that they would return unless an election was called within six days.

Pakistan's ousted prime minister Imran Khan disbanded a protest march by supporters on Thursday after clashes with police outside parliament, but threatened that they would return unless an election was called within six days.

Britain's twin-track company listing regime could be simplified into a single entry point to the London Stock Exchange to attract more startups, the Financial Conduct Authority (FCA) said on Thursday.

Britain's twin-track company listing regime could be simplified into a single entry point to the London Stock Exchange to attract more startups, the Financial Conduct Authority (FCA) said on Thursday in a move that could split market participants.

In a village near Kharkiv, life under constant shelling

At west London's Hooked Fish and Chips, Bally Singh is struggling to keep the tills ringing for a British tradition, with prices sky-rocketing for fish, potatoes, cooking oil and even the flour used for the batter the dish is cooked in.

Pandemic-hit Shanghai, China's financial hub, unveiled more post-lockdown plans on Thursday as it moves towards a return to normalcy, but a country-wide economic recovery is still a distance away, heightening a sense of urgency for more support.

Pandemic-hit Shanghai, China's financial hub, unveiled more post-lockdown plans on Thursday as it moves towards a return to normalcy, but a nationwide economic recovery is still a distance away, heightening a sense of urgency for more support.

China's property market, a key pillar of the world's second-largest economy, has weakened sharply in the past year as a result of a government clampdown on excessive borrowings by developers, and a COVID-19-induced economic slowdown.