IBT Staff Reporter

Nepal's central bank on Friday raised its benchmark policy rate at which it lends to commercial banks to 8.5% from 7%, as part of efforts to tame inflation which is running at a six-year high, and warned about pressure on declining forex reserves.

U.S. stocks ended lower on Friday as disappointing earnings from Snap spooked investors and shares in social media and ad tech firms dropped, offsetting gains from card issuer American Express following an upbeat forecast.

U.S. stocks ended lower on Friday as shares in social media and ad tech firms lost ground in the wake of earnings from Snap, offsetting gains from card issuer American Express following an upbeat forecast.

Major U.S. indexes dipped on Friday as shares in social media and ad tech firms decline following weak earnings from Twitter and Snap, offsetting gains from card issuer American Express following an upbeat forecast.

U.S. stock indexes fell on Friday after dismal quarterly revenue from Twitter and Snap triggered declines in social media and ad tech firms, countering gains in American Express following an upbeat forecast.

The S&P 500 and the Nasdaq fell on Friday as social media and ad tech firms led declines after dismal quarterly revenue from Twitter and Snap, while an upbeat forecast from American Express kept the Dow afloat.

The S&P 500 and the Nasdaq headed for a lower open on Friday as social media and ad tech firms led declines after dismal quarterly revenues from Twitter and Snap, while an upbeat forecast from American Express looked set to boost the Dow.

Schlumberger NV on Friday raised its annual revenue forecast after beating analysts' second-quarter earnings expectations, buoyed by higher demand for its oilfield services and equipment.

Schlumberger NV on Friday raised its annual revenue forecast after beating analysts' second quarter earnings expectations, buoyed by higher demand for its oilfield services and equipment.

Brazilian fixed-income markets are pricing in the highest risk levels in years, raising red flags among investors and government officials who see little relief in sight.

Irish ex-soldier jailed for 15 months for joining IS in Syria

Summer nights in the wealthy Bavarian city of Augsburg this year are eerily dark and quiet: The facades of historic buildings are not illuminated, street lights are dimmed and most of the fountains are not operating.

Morgan Stanley has expanded its presence in the growing listed foreign exchange derivatives space, announcing it is offering clients the option to trade listed FX through the Eurex platform.

France's hung parliament passes 20-bn-euro inflation package

Target Chief Executive Officer Brian Cornell pledged in a June blog post https://investors.target.com/news-releases/news-release-details/target-corporation-announces-updated-2022-plan-focused-inventory that the retailer would take necessary actions to adapt to a post-pandemic landscape, paring a record $15.1 billion in unsold merchandise.

After losing the 2020 election, Donald Trump ignored close allies who told him that his claims of widespread election fraud were untrue, and when the followers who believed his false accusations stormed the U.S.

Canadian home prices are dropping fast after surging during the coronavirus pandemic, but that is offering little relief for consumers who face sky-rocketing rents and fading buying power as interest rates rise.

The German government stepped in to rescue Uniper with a 15 billion euro ($15.28 billion) bailout on Friday after the gas importer became the biggest casualty of Europe's energy standoff with Russia so far.

Uniper on Friday received a 15 billion euros ($15.2 billion) bailout from the German government to save the gas importer that is the biggest casualty of Europe's energy crisis so far.

Thousands flee feuding Taliban in Afghanistan's north

Russia, Ukraine seal grain deal in Istanbul

Free-spending tourists in Europe are expected to drive brisk second quarter sales at French luxury groups LVMH, Gucci-owner Kering and Hermes, helping to offset the impact of disruptions in China from COVID-19 restrictions.

China's $1.2 billion fine on Didi Global draws a line under the ride hailing company's regulatory woes, but the retroactive application of laws and a lack of clarity on the firm's business revival show the worst for its tech sector may not be over.

Australia's environment minister said on Friday she is considering an indigenous group's request to scrap a planned A$4.5 billion ($3.1 billion) fertiliser plant due to concerns about its potential impact on ancient indigenous rock art.

Islamist militants struck Mali's main military base, just outside the capital Bamako, on Friday in a complex attack involving car bombs, but the armed forces said they had repelled the assault and had the situation under control.

Heavy gunfire was heard early on Friday at the main military base outside Mali's capital Bamako before easing after about an hour, in what residents of the camp said they believed was an attack by Islamist militants.

Heavy gunfire was heard early on Friday at the main military base outside Mali's capital Bamako before easing after about an hour, a Reuters reporter said.

Storks give up migrating to live on landfill in Spain

Millions hungry but drought overlooked as Kenya prepares to vote