IBT Staff Reporter

Oil prices rose in European trading on Friday as attention turned to next week's OPEC+ meeting and expectations that it will dash U.S. hopes for a supply boost.

Oil prices rose in European trading on Friday as attention turned to next week's OPEC+ meeting and expectations that it will dash U.S. hopes for a supply boost.

Oil prices were broadly steady on Friday, lifted by supply concerns as attention turns to the next meeting between OPEC and its allies, though fears of recession capped gains.

Oil prices were steady to higher in Asia trade on Friday, lifted by supply concerns as attention turns to the next meeting between OPEC and its allies, though fears of recession capped gains.

Oil prices gained about $1 in early trade on Friday, lifted by supply concerns and a weaker U.S.

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Brazil's environmental authority on Thursday granted an initial permit that will allow a major highway to be paved through the center of the Amazon rainforest, the minister of infrastructure said, in a move that threatens to increase deforestation.

Japan's yen surged on Friday and is on track for its biggest weekly rise in four months against the dollar on bets that U.S.

The Japanese yen headed toward its best month in almost three years on Friday as growth worries have driven U.S.

The dollar languished near a six-week low to the yen amid a sharp retreat in Treasury yields after investors interpreted a shrinking U.S.

The heatwave which scorched Britain last week was made at least 10 times more likely because of climate change, scientists reported Thursday.

Argentine President Alberto Fernandez launched his latest effort to tackle an economy in crisis on Thursday, tapping one of the ruling coalition's most powerful figures to lead a new "superministry" on the same day the central bank hiked interest rates to 60%.

U.S. President Joe Biden and Chinese President Xi Jinping managed largely to steer clear of escalatory rhetoric on Taiwan in a Thursday call, suggesting that neither side - preoccupied with economic woes at home - wants a fresh crisis across the Taiwan Strait.

Japan is encouraging regional authorities to take steps to contain a new coronavirus variant that has sent cases to record levels, but there is no plan for sweeping national measures.

The United States and Japan launched a new high-level economic dialogue on Friday aimed at pushing back against China and countering the disruption caused by Russia's invasion of Ukraine.

Long-time allies the United States and Japan launched a new high-level economic dialogue on Friday aimed at pushing back against China and countering the disruption caused by Russia's invasion of Ukraine.

Australia's central bank will deliver its third consecutive half-point interest rate hike on Tuesday and another in September, playing catch-up with peers in a campaign to contain surging inflation, a Reuters poll of economists found.

Japan's factories ramped up output at the fastest pace in more than nine years in June as disruptions due to China's COVID-19 curbs eased, a welcome sign for policymakers hoping the economic outlook will improve.

Washington Mayor Muriel Bowser has requested the deployment of military troops to assist with migrants arriving on buses sent by the Texas and Arizona state governments, according to letters sent by her office to U.S.

South Korea's property market has abruptly gone from sizzling hot to floundering, piling pressure on some of the world's most debt-saddled consumers as the sector experiences the fastest interest rate hikes on record.

Dozens of Ukrainian prisoners of war appeared to have been killed when a prison building was destroyed in a missile strike or explosion, with Moscow and Kyiv accusing each other of responsibility on Friday.

Dozens of Ukrainian prisoners of war appeared to have been killed when a prison building was destroyed in a missile strike, with Moscow and Kyiv accusing each other on Friday of carrying out the attack.

Dozens of Ukrainian prisoners of war appeared to have been killed when a prison building was destroyed in a missile strike on Friday, with Moscow and Kyiv accusing each other of carrying out the attack.

Dozens of Ukrainian prisoners of war appeared to have been killed in a missile strike on Friday, with Moscow and Kyiv accusing each other of carrying out the attack.

Dozens of Ukrainian prisoners of war appear to have been killed in an missile strike on Friday, with Moscow and Kyiv accusing each other of carrying out the attack.

Moscow said dozens of Ukrainian prisoners of war had been killed in a missile attack on Friday, a fraught backdrop to U.N.-backed efforts to restart grain shipments from Ukraine and supply parts of the world threatened with starvation.

Russia has tasked mercenaries to hold sections of the frontline in Ukraine in a sign it is running short of combat infantry, Britain's Ministry of Defence said on Friday, as Kyiv steps up a counter-offensive in the south.

Ukraine stepped up its counter-attacks against Russian forces in the south while Moscow bombed Kyiv's outskirts for the first time in weeks as Europe's biggest conflict since World War Two dragged on with no end in sight.

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