IBT Staff Reporter

At least 22 killed in latest police raid on Rio favela

A man suspected in the fatal weekend shooting of a New York City subway rider, less than two months after a mass shooting on the transit system, was arrested on Tuesday and charged with second-degree murder and second-degree criminal possession of a weapon, authorities said.

"Significant issues remain" in reaching a deal with China over a long-running dispute around auditing compliance of China-based companies listed on U.S.

The United States will not extend a key waiver set to expire on Wednesday that allows Russia to pay U.S.

The United States pushed Russia closer to the brink of a historic debt default on Wednesday by not extending its license to pay bondholders, as Washington ramps up pressure following Russia's invasion of Ukraine.

Shares of Brazil's state-run oil company Petrobras plunged on Tuesday after the government ousted its chief executive for the second time in two months and signaled plans to alter the company's market-based fuel pricing policy.

India's Andhra Pradesh has signed renewables investment pacts worth a total of around $16 billion with three companies including India's Adani and an affiliate of Singapore's GIC sovereign wealth fund, two state government officials said.

The U.S. Federal Reserve may be forced to rethink its hawkish stance as it hikes interest rates in the face of a slowing economy and deteriorating market fundamentals, Guggenheim Partners' Global Chief Investment Officer Scott Minerd said on Tuesday.

A subtle shift in official U.S. statements suggests Washington believes reviving the 2015 Iran nuclear deal is better than the alternatives despite the advances in Iran's nuclear program, diplomatic and other sources said.

State officials and manufacuturers are working out whether baby formula imported from outside the United States to address severe supply shortages will be available to families who rely on government discounts to make it affordable, a U.S.

India has imposed restrictions on sugar exports for the first time in six years by capping this season's exports at 10 million tonnes, a government order said, to prevent a surge in domestic prices after mills sold a record volume on the world market.

A U.S. appeals court on Tuesday said the Securities and Exchange Commission can proceed with its overhaul of the way essential stock market data is collected and disseminated, striking a blow to exchanges that earn revenue from the data and had opposed the plan.

Stellantis NV and Samsung SDI said on Tuesday they will invest more than $2.5 billion to build a new joint venture battery plant in Kokomo, Indiana, as the Chrysler-parent ramps up electric vehicle production plans.

Ukraine is gathering the bodies of dead Russian soldiers strewn among the rubble of formerly occupied towns and using everything from DNA to tattoos to verify their identities in the hope of exchanging them for prisoners of war.

Oxfam America, Partners in Health and other civil society groups urged U.S.

Leading international banks exposed to Russia booked more than 11 billion euros ($12 billion) in provisions in the first quarter to brace for potential losses.

Six months after the world agreed in Glasgow to a U.N.

'Everything Russian must go': Ukraine's Kharkiv renames streets

Haiti's colonial debt burden sparks debate -- but official silence

A growing world food crisis is precipitating protectionist moves by countries which are likely to compound the problem and could lead to a wider trade war, business leaders and policymakers at the World Economic Forum said.

Ugandan security forces re-arrested a veteran opposition politician on Tuesday and broke up a protest in the capital that he was leading against soaring consumer prices.

Hedge funds that bet on bonds, currencies, stocks and commodities are among the industry's biggest winners this year easily outpacing growth and tech funds' returns and preparing to see significant inflows of capital as the stock market hovers near bear market territory.

Hedge funds that bet on bonds, currencies, stocks and commodities are among the industry's biggest winners this year easily outpacing growth and tech funds' returns and preparing to see significant inflows of capital as the stock market hovers near bear market territory.

African countries raised an objection on Tuesday to a U.S.-led proposal to reform the International Health Regulations (IHR), a move delegates say might prevent passage at the World Health Organization's annual assembly.

'Martyrdom is normal': Catholic cardinal holds mass after court appearance

India's Tata Steel is concerned New Delhi's sudden decision to impose an export tax on some steel products could force it to review its production targets, if the levy remains in place for a long time, its CEO told Reuters on Tuesday.

The Atlantic hurricane season is poised to deliver another round of above-normal storms for the seventh consecutive year, the National Oceanic and Atmospheric Administration (NOAA) said on Tuesday.

The Atlantic hurricane season is poised to deliver another round of above-normal storms for the seventh consecutive year, the National Oceanic and Atmospheric Administration (NOAA) said on Tuesday.

A group of Peruvian indigenous communities that have been protesting MMG Ltd's huge Las Bambas copper mine will meet with President Pedro Castillo on Tuesday in Lima in a new bid to defuse the crisis, a community leader told Reuters.