IBT Staff Reporter

French defence and technology group Thales SA on Thursday raised its annual forecast for order intake and sales growth on the back of robust activity across all its segments in the first six months of the year.

France plans fashion revolution with climate-impact labels

New Sri Lankan President Ranil Wickremesinghe will appoint an ally of the ousted Rajapaksa dynasty as prime minister, four sources said on Thursday, a day after urging unity to find a way out of the country's worst economic crisis in decades.

Veteran politician Ranil Wickremesinghe was sworn in as Sri Lanka's new president on Thursday, a day after winning a vote in parliament and urging the island nation to come together to find a way out of its worst economic crisis in decades.

Veteran politician Ranil Wickremesinghe was sworn in as Sri Lanka's new president on Thursday, a day after winning a vote in parliament and urging the island nation to come together to find a way out of its worst economic crisis in decades.

Taiwan's central bank will make timely adjustments to monetary policy considering both global moves and domestic economic performance, but is not in a rush to raise rates outside of the bank's usual schedule, two sources said.

Russia resumed pumping gas via its biggest pipeline to Europe on Thursday after a 10-day outage, allaying some of Europe's immediate supply fears but not enough to end the threat of rationing to cope with potential winter shortages.

Last hours for Italy's Draghi after coalition implodes

ECB surprises with aggressive rate hike, first since 2011

Ukraine has asked its creditors for a two year payment freeze on its international bonds in a bid to focus its dwindling financial resources on repelling Russia.

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Stocks see-sawed and the euro rose after the European Central Bank raised interest rates by a bigger than expected 50 basis points, its first increase in more than a decade, to quell runaway inflation as it plays catch up with other central banks.

Stock markets and the euro held their ground on Thursday with investor nerves steadied by the resumption of Russian gas supplies to Europe as they waited for what is expected to be the European Central Bank's first interest rate hike in 11 years.

Stock markets eased on Thursday as a resumption of Russian gas supplies to Europe lifted the euro ahead of the European Central Bank's anticipated first interest rate hike in over a decade to quell inflation.

The euro ticked higher on Thursday on relief that gas began flowing again along the biggest pipeline from Russia to Germany, though growth worries and an expected interest rate hike in Europe kept stocks from extending a modest rally much further.

Asian stocks inched lower while the dollar held firm on Thursday as a looming interest rate hike in Europe and uncertainty over the westward supply of Russian gas kept traders on edge.

Russia resumes 'unstable' gas supplies to Europe via Nord Stream

The euro rose against the U.S. dollar in a choppy session on Thursday, after the European Central Bank (ECB) delivered a 50 basis points rate hike to tame inflation in its first rate increase since 2011.

The euro jumped against the U.S. dollar before paring gains in a choppy session on Thursday, after the European Central Bank (ECB) delivered a 50 basis point rate hike to tame inflation in its first rate increase since 2011.

The euro rebounded on Thursday, rising back toward a two-week high to the dollar, as Russian gas began to flow through a key pipeline again, but investors were cautious ahead of an expected European Central Bank interest rate hike later in the day.

The euro rebounded on Thursday, rising back toward a two-week high to the dollar, as investors braced for the European Central Bank's first interest-rate increase since 2011 and the scheduled reopening of a key Russian gas pipeline later in the day.

The euro hung below a two-week high to the dollar as investors braced for the European Central Bank's first interest rate increase since 2011 and the scheduled reopening of a key Russian gas pipeline later in the day.

End of the line: Fed-up Sri Lankans rush for passports

Microsoft Corp's MS Teams was back up for most users, the company said on Thursday, after an hours-long outage that disrupted the chat application for tens of thousands of customers globally.

Russia and Ukraine will sign a deal on Friday to reopen Ukraine's Black Sea ports, Turkey said, a potential breakthrough that could ease the threat of hunger facing millions around the world as a consequence of Russia's invasion.

Russia and Ukraine will sign a deal on Friday to reopen Ukraine's blockaded Black Sea ports, Turkey said, a potential breakthrough that could ease the threat of hunger facing millions around the world as a consequence of Russia's invasion.

Russia reopened its biggest gas pipeline to Germany at less than half normal capacity on Thursday after a maintenance shutdown, raising worries of European energy shortages to come, while in Ukraine shells smashed into a market, killing three people.

Russia reopened its biggest gas pipeline to Germany at less than half normal capacity on Thursday after a maintenance shutdown, raising worries of European energy shortages to come, while in Ukraine shells smashed into a market, killing three people.

Russia resumed gas supplies through its biggest pipeline to Europe but Germany said it was not enough to rule out potential shortages, while in Ukraine, Russian forces were reported to be close to seizing the country's second biggest power plant.