IBT Staff Reporter

The United States on Tuesday accused China of increased "provocations" against rival claimants in the South China Sea and said its "aggressive and irresponsible behavior" meant it was only a matter of time before a major incident or accident.

IMF cuts global growth outlook due to US, China slowdowns

The principal of the Texas elementary school where a gunman went on a rampage in May has been suspended with pay, her attorney said on Tuesday, two weeks after a damning report about lax security that enabled the shooter to carry out the attack.

Brazilian consumer prices increased slightly less than expected in the month to mid-July, the country's statistics agency said on Tuesday, posting the lowest monthly increase in two years following a wave of government anti-inflation measures.

Giant dinosaurs and robot models abandoned among decrepit fair rides create a dystopian atmosphere in a defunct amusement park in the Turkish capital, which its opposition party mayor is now highlighting as a testament to past government profligacy.

Lebanon's parliament on Tuesday passed long-awaited amendments to a banking secrecy law, according to a Reuters witness, in the first step towards reforms required by the International Monetary Fund (IMF).

Misery for millions as monsoon pounds Pakistan port city

After the apology, the 'healing': Pope visits sacred lake in Canada

BlackRock Inc, the world's No.1 asset manager, reported on Tuesday a sharp drop in its support for environmental and social-related shareholder resolutions, saying many were too prescriptive, while its backing for directors and executive pay held steady.

Canada's Shopify Inc is laying off 10% of its workforce as the ecommerce company struggles with slowing growth due to a pullback in online shopping after benefiting from a pandemic-fueled surge in demand.

The city of Haifa is set to become an increasingly significant east Mediterranean shipping hub, with Chinese and Indian firms buying into its ports as Israel normalizes ties with its Gulf Arab neighbours under a U.S.

The Bank of Japan won't make any quick or drastic changes to its monetary policy framework and is likely to keep interest rates low, even as this week's board reshuffle brought in less dovish members, former BOJ policy board member Sayuri Shirai said on Tuesday.

German firms are attempting to reduce gas use in response to a government plea to spare reserves, but savings may be limited without production cuts, companies and industry associations across autos, chemicals and engineering told Reuters.

COVID-19 vaccine maker BioNTech said on Tuesday that it and partner Pfizer have filed a complaint with the U.S.

Shares of U.S. retailers slid on Tuesday after a forecast cut from industry bellwether Walmart Inc stoked fears of a broader slowdown in spending as high inflation raises costs for consumers.

U.S. retailers tumbled on Tuesday after a forecast cut from industry bellwether Walmart Inc stoked fears of similar warnings from a sector struggling with the impact of high inflation on consumer spending.

U.S. stock indexes fell on Tuesday after Walmart's profit warning heightened fears in the retail sector that consumers were cutting back on discretionary spending in the face of decades-high inflation.

U.S. stock indexes fell on Tuesday after Walmart's profit warning heightened fears in the retail sector that consumers were cutting back on discretionary spending in the face of decades-high inflation.

Three peacekeepers killed as anti-UN protests spread in DR Congo

Pope Francis on Tuesday said the Roman Catholic Church should accept institutional blame for the harm done to indigenous Canadians in residential schools that tried to wipe out native cultures.

Pope Francis on Tuesday praised the indigenous tradition of showing great respect for elders and learning from them

Pope Francis celebrates a stadium Mass on Tuesday, his first big open-air event on a trip to Canada centred around apologizing for the Catholic Church's role in residential schools that tried to erase native cultures.

Coca-Cola Co lifted its full-year revenue forecast on Tuesday, encouraged by buoyant demand for sugary sodas in the face of price increases to combat higher costs.

3M Co on Tuesday disclosed plans to spin off its healthcare business into a listed company, joining a raft of U.S.

3M Co said on Tuesday the industrial giant plans to spin off its healthcare business into a separate public-listed company, joining a raft of manufacturing firms that are looking to simplify their business and boost investor returns.

Clinton and Blair hail Trimble's legacy of peace in N.Ireland

French President Emmanuel Macron described the global food crisis as one of Russia's "weapons of war" during a visit to Cameroon on Tuesday, dismissing suggestions Western sanctions were to blame.

French President Emmanuel Macron described the global food crisis as one of Russia's "weapons of war" during a visit to Cameroon on Tuesday, dismissing suggestions Western sanctions were to blame.

French President Emmanuel Macron started a three-leg Africa tour in Cameroon in Tuesday, a trip meant to strengthen political ties with the continent and help boost agricultural production amid growing food insecurity linked to the war in Ukraine.