IBT Staff Reporter

Oil prices rose on Thursday, extending a cautious rally this week on signs of tight supply while the European Union (EU) wrangles with Hungary over plans to ban imports from Russia, the world's second-largest crude exporter, after it invaded Ukraine.

Oil prices rose on Thursday, extending a cautious rally this week on signs of tight supply while the European Union (EU) wrangles with Hungary over plans to ban imports from Russia, the world's second-largest crude exporter, after it invaded Ukraine.

Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S.

Oil prices climbed about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S.

Oil prices climbed about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S.

China and Australia launched competing Pacific visits on Thursday, with China's foreign minister expressing hope that ties with the Solomon Islands can be a regional model, while his counterpart said Canberra will be a partner that doesn't come with strings attached.

Japan plans to call for moving ahead with a new "green" gross domestic product (GDP) indicator that will reflect the country's progress in reducing greenhouse gas emissions, a draft of its annual economic policy outline seen by Reuters showed.

Gold prices edged lower on Thursday as Treasury yields gained, after the appeal of bullion was somewhat restored by minutes of a U.S.

Gold prices dropped on Thursday as the dollar edged higher, with some investors cashing in after minutes of a U.S.

Gold prices fell for a second straight session on Thursday, pressured after the minutes of the U.S.

Gold prices slipped on Thursday as the U.S. Federal Reserve's aggressive monetary policy tightening plan dimmed the metal's appeal, with additional pressure from a rebound in equities.

On a hot, sunny day, children and adults splashed in the cool run-off of the Yongding River in a park on the western outskirts of Beijing, a city under near-lockdown in China's head-on battle with COVID-19.

South Korea's central bank on Thursday delivered back-to-back interest rate hikes and forecast further aggressive increases to wrestle consumer inflation down from 13-year highs.

Oklahoma Governor Kevin Stitt on Wednesday signed into law the strictest abortion ban in the United States, one that prohibits abortions from fertilization and allows private citizens to sue those who help women terminate their pregnancies.

Rampant rises in Australian house prices will grind almost to a halt this year, and an 8% decline is expected in 2023 as a cost-of-living crisis worsens and mortgage rates rise, a Reuters poll of property market analysts found.

Tunisian President Kais Saied issued on Wednesday a decree to call voters to a referendum on a new constitution on July 25, the official gazette said, ignoring the opposition's calls to reverse the controversial move.

Confidence is draining away from the services firms that dominate Britain's economy, especially in consumer-facing companies which are most exposed to the worsening cost-of-living crunch, a survey showed on Thursday.

From export bans to price controls, governments in Asia are taking a much more targeted approach than their Western counterparts in curbing global inflationary pressure, a strategy that appears to be working at least for now.

Boeing Starliner completes key test mission to ISS, with some hiccups

Alexandria Aniyah Rubio, a fourth grader at Robb Elementary, was beaming with pride on Tuesday in a family photo posted on Facebook by her mother showing the girl holding an "A" Honor Roll certificate she earned for excellent school grades.

Brazilian President Jair Bolsonaro and U.S. leader Joe Biden are set to meet next month after Bolsonaro accepted an invitation to the Summit of the Americas in Los Angeles, two sources told Reuters on Wednesday.

A sweeping law adopted by Quebec on Tuesday to promote French usage is elevating already simmering tensions with indigenous groups, who see the move as an imposition and have vowed to fight it.

Twitter has agreed to pay $150 million to settle allegations it misused private information to target advertising after telling users the information would be used for security reasons, according to court documents filed Wednesday.

Central bankers stressed their "strong commitment and determination" to bring raging inflation under control including with more big interest rate increases.

U.S. President Joe Biden sought to reform federal and local policing with a broad executive order on Wednesday, the second anniversary of the death of George Floyd, while goading a seemingly immovable Congress to act on police and gun reform.

Colombia's economy must grow by more than 5% per year and the government should fund a basic income for the poorest households if the country is to tackle deep inequality, center-right presidential candidate Federico Gutierrez said on Wednesday.

Immediately after Tuesday's school shooting in Texas, conservative politicians reacted with another push for arming school officials to protect students - a notion that has raised strong objections among teachers, researchers and gun control activists.

An Israeli appeal court overturned on Wednesday a ruling by a lower magistrate who had stirred Palestinian anger by questioning the legality of barring Jewish prayer at a contested Jerusalem shrine.

An Israeli appeal court on Wednesday overruled a magistrate who had stirred Palestinian anger by questioning the legality of barring Jewish prayer at a contested Jerusalem shrine, as the United States warned its citizens over travel in the vicinity.