IBT Staff Reporter

U.S. stocks ended higher on Thursday as electric automaker Tesla rose on its stronger-than-expected quarterly results, which helped offset a slide in telecom and energy shares.

The Nasdaq and the S&P 500 rose on Thursday as gains in electric automaker Tesla following its strong quarterly results helped offset a slide in telecom and energy shares.

The Nasdaq rose on Thursday as electric automaker Tesla topped Wall Street's profit target, while the benchmark S&P 500 edged lower due to losses in telecom stocks after AT&T cut its cash flow forecast.

The S&P 500 and the Nasdaq were set to open higher on Thursday as electric automaker Tesla topped Wall Street's profit target, while futures tracking the Dow struggled for direction.

Ukraine's central bank kept its main interest rate unchanged at a seven-year-high of 25% on Thursday and raised its 2022 inflation forecast to more than 30%.

Top Western energy companies are expected to unleash billions in returns to shareholders when they announce what is set be a second-straight quarter of record-breaking profits, lifted by stellar refining margins and high oil and gas prices.

Blackstone Inc, the world's largest alternative asset manager, posted an 86% surge in second-quarter distributable earnings on Thursday but warned that the asset sales fueling this growth would slow down amid the economic downturn.

Blackstone Inc, the world's largest alternative asset manager, posted an 86% surge in its second-quarter distributable earnings on Thursday driven by strong asset sales despite a drop in the value of most of its funds amid a market downturn.

HSBC has agreed to sell its Russia business to Expobank, signing a deal shortly before Moscow said it would move to block the sale of foreign banks' Russian businesses in retaliation for restrictions imposed on its own lenders.

Pope Francis on Thursday called on world leaders to heed the Earth's "chorus of cries of anguish" stemming from climate change, extreme weather and loss of biodiversity.

Fifth Wall, a Los Angeles-based venture capital firm focused on real estate technology, said on Thursday it has raised $500 million for a climate fund to help decarbonize an industry estimated to account for nearly 40% of the world's carbon emissions.

Democratic U.S. Representative Elaine Luria's stint on Thursday leading the questioning at a prime-time hearing into the assault on the Capitol by supporters of then-President Donald Trump will be the highest-profile moment of her four-year-old legislative career.

Angry Iraq buries dead from shelling blamed on Turkey

In Nova Kakhovka, a city in southern Ukraine occupied by Russian troops five months ago on the first day of its invasion, the signs of creeping annexation by Russia are mounting and some residents fear a return to Soviet times.

Malawi's struggle with deadly witchcraft violence

Ukraine grain deal expected Friday as Russian gas flows resume

Chemicals maker Dow Inc projected third-quarter sales below market estimates on Thursday, blaming a global surge in inflation for a demand slowdown and sending its shares down 3%.

Former President Luiz Inacio Lula da Silva was officially nominated by his Workers Party (PT) on Thursday to run on Oct.

Indonesia's central bank left its policy interest rate unchanged at a record low on Thursday but said it would lift yields on other short-term debt, taking the money market back towards pre-pandemic normality.

Boeing secured a revived order for 25 of its 737 MAX 10 airliners from Qatar Airways on Thursday, as the return of Britain's Farnborough Airshow this week offered hope for the largest version of the planemaker's troubled best-seller.

The Biden administration is investigating Chinese telecoms equipment maker Huawei over concerns that U.S.

HSBC Holdings said employees who form branches of the Chinese Communist Party (CCP) within private companies in China have 'no influence' on the running of the business, following media reports on Thursday that such a unit had been established at its China securities unit.

Rogers Communications faces a tough antitrust regulator and a July 31 deadline to close its C$20 billion ($15.5 billion) acquisition of Calgary-based Shaw Communications.

Donald Trump sat for hours watching the Jan. 6 attack on the U.S.

Donald Trump's response, or lack of it, during the three-hour-long assault on the U.S.

U.S. card companies are likely to strike a cautious tone in their quarterly results as rising prices imperil strong spending by Americans stepping out of their pandemic shells.

Most countries 'woefully unprepared' for changing climate: analysis

Global coal-fired electricity generators are producing more power than ever before in response to booming electricity demand and the surging price of gas.

A 47-year-old Nepali sherpa has set a climbing record by scaling all the world's 14 peaks that are higher than 8,000 metres (26,247 ft) for a second time, his agency said on Thursday.