IBT Staff Reporter

Pope Francis on Thursday visits two of the oldest Roman Catholic churches in North America as he winds up a trip to Canada centered on his apology for the Catholic Church's role in the country's notorious residential schools.

Pope Francis on Thursday visits two of the oldest Roman Catholic churches in North America as he winds up a trip to Canada centred on his apology for the Catholic Church's role in the country's notorious residential schools.

In energy-starved South Africa, whites-only town basks in solar power

Southwest Airlines Co on Thursday forecast higher costs and a slowdown in revenue, sending its shares lower after it posted all-time record earnings in the quarter through June.

Northrop Grumman Corp missed estimates for quarterly sales on Thursday, as sustained labor shortages and global supply chain issues dent deliveries for the U.S. weapons maker.

Northrop Grumman Corp reported a 3.8% fall in quarterly sales on Thursday, as sustained labor shortages and global supply chain issues dent deliveries for the U.S. weapons maker.

JetBlue Airways Corp on Thursday prevailed in a months' long bidding war for Spirit Airlines Inc after the ultra-low-cost carrier accepted its $3.8 billion buyout deal.

Cenovus Energy reported a near 11-fold surge in second-quarter profit on Thursday and boosted capital spending and production forecasts, but warned Canadian government plans to cap oil and gas emissions could lead to production being shut in.

U.S. seniors tell pollsters that high inflation is one of their top worries - and that makes sense.

Private-equity firm Carlyle Group Inc said on Thursday its second-quarter distributable earnings rose 34%, driven by asset sales that were completed even as markets nosedived.

Cryptocurrencies have been hard hit by fears interest rate hikes will end the era of cheap money, with the world's largest digital asset, bitcoin, down more than 56% from this year's high.

As Europe braces for energy shortages from Russian gas cuts, Japan's own energy crisis a decade ago offers survival lessons to households and businesses - such as dimming the lights and taking the stairs.

China will try hard to achieve the best possible results for the economy this year, state media said on Thursday after a high-level meeting of the ruling Communist Party, dropping previous calls that it will strive to meet its 2022 growth target.

China will try hard to achieve the best possible results for the economy this year, state media said on Thursday after a high-level meeting of the ruling Communist Party, dropping previous calls that it will strive to meet its 2022 growth target.

Asian companies will slow investment sharply this year, deterred by soaring interest rates and fears of deepening recession, and budgets will on average fall next year, the first contraction since 2015, data showed.

Mayor of Kharkiv says nowhere in Ukraine's second city 'safe'

Andras Eordogh admiringly watches his dozen foals as they frolic and kick up dust on his farm in the scorching summer heat and laments that he will have to sell most of them because of the changing climate in this rural southeast corner of Hungary.

At least 17 people have been killed and dozens wounded in the Syrian province of Sweida in clashes between armed residents and gangs aligned with state security agencies, activists and local media said on Thursday.

At least 17 people have been killed and dozens wounded in the southern Syrian province of Sweida in clashes in between armed residents and gangs aligned with the security agencies, activists and local media said on Thursday.

UK sea levels rising quicker than century ago: study

Many in Taiwan have shrugged off China's warnings about a possible trip to the democratic island by U.S.

Retailer Casino said on Thursday it was confident it would execute its disposal plan to reduce debt as planned after sealing a deal to sell its majority stake in its renewable energy business GreenYellow.

Loan growth in India is at a three-year high and seen inching up further as economic activity gains traction but a much slower growth in deposits could send banks scurrying for funds and prompt deposit rate increases, say analysts and bankers.

Europe's biggest oil companies Shell and TotalEnergies extended share buybacks on Thursday after their second-quarter profits beat an already record-breaking previous quarter on the back of soaring crude, gas and oil product prices.

Asian tech firms from chipmaker Samsung to display panel maker LG Display warned of a sharp slowdown in demand for smartphones, TVs and gadgets as surging inflation and deepening concerns of a recession crimp consumer spending.

A U.S. aircraft carrier and its strike group have returned to the South China Sea after a port call in Singapore, deploying in the disputed region as tensions with China rise over a possible visit to Taiwan by congressional leader Nancy Pelosi.

Taiwan's China Airlines Ltd is "actively" looking at options to replace its ageing fleet of 22 Airbus SE A330 widebodies and is also starting to examine next-generation freighter planes, the company's president told Reuters.

China's crisis-hit property sector has driven underperformance this year in some Asia-focused credit funds, including one led by a former Lehman Brothers portfolio manager, pummelling their returns and bringing years of gains to a juddering halt.

Senegal's main opposition coalition is vying to gain clout in legislative polls on Sunday that will set the scene for a presidential election in 2024 that could see President Macky Sall run for a controversial third term.