IBT Staff Reporter

Rishi Sunak, a 39-year-old high-flying business investor who only entered politics five years ago, has enjoyed a rapid rise to become Britain's new finance minister.

A South Carolina attorney, who was indicted last week by a grand jury on charges of murdering his wife and youngest son in June 2021, pleaded not guilty on Wednesday to the charges.

The European Commission has dropped nearly all of its order of 60 million doses of a new COVID-19 vaccine from French firm Valneva, the EU executive said on Wednesday, in a move that all but wipes out the shot's value for the company.

If it's not the pictures of her standing atop a tank in a nod to Conservative leader Margaret Thatcher, it's the meme-defining moment when she vented her anger over cheese imports into Britain that made Liz Truss something of a household name.

Top U.S. Senate Democrats and Republicans said on Wednesday they may have the votes to pass a bill protecting same-sex marriage rights nationwide, the day after the measure passed the House of Representatives with a bipartisan majority.

Zelensky's challenges as his fate plays out on battlefield

Mexican startup Arrenda, which offers advance payments to landlords upfront to lower barriers to renting in the country, raised $26.5 million in equity and debt financing in an early funding round, the company said Wednesday.

U.S. semiconductor manufacturer SkyWater Technology Inc on Wednesday announced plans to invest $1.8 billion for a chip research and production facility in Indiana, in partnership with the state and Purdue University.

In eastern Ukraine, volunteers recover bodies of war dead

Kenya's deputy president and presidential aspirant William Ruto said he will publish government contracts with China and deport Chinese nationals working illegally if he is elected on August 9, promises likely to resonate with citizens pummeled by mounting debt and the skyrocketing cost of living.

U.S. midstream companies have set their sights on natural gas pipelines and export terminals as a key growth opportunity as investor pressures and political headwinds make new crude oil pipeline projects unpalatable.

Some 100 million Americans from New York City to Las Vegas are under heat warnings this week as temperatures rise well above 100 Fahrenheit (38 Celsius), part of a trend of extreme weather made worse by climate change.

When Long Island, New York resident Jenn Ifer is not working indoors at her COVID-19 testing company, she's spending 10-hour days in Times Square administering PCR tests, a task that has become harder during a heat wave smothering a broad swath of the United States and breaking temperature records.

A heat wave on Wednesday was expected to smother a broad swath of the United States for a second day, pushing temperatures to record highs in many areas and leading forecasters to warn about the dangers of dehydration and exposure.

South African inflation surged to a 13-year high in June, data showed on Wednesday, moving further away from the central bank's target the day before an interest rate announcement.

Qatar Airways could revive an order for 25 Boeing 737 MAX airplanes at the Farnborough Airshow, sources told Reuters.

Iraq's government will call back the Iraqi charge d'affaires in Turkey for consultation after accusing Ankara of carrying out a strike on a mountain resort in the northern province of Dohuk, the state news agency INA reported.

Eight tourists died and another 23 people were injured in a Turkish attack on a mountain resort in Iraq's northern province of Dohuk, Iraq state media said on Wednesday.

Japan's Toshiba Corp has selected four bidders including private equity firms Bain Capital, CVC Capital Partners and Brookfield Asset Management to proceed to a second bidding round, people briefed on the matter said.

Colombia's congress opens its new session on Wednesday, with a slate of ambitious tax-and-spend and other legislation on the horizon under incoming President-elect Gustavo Petro, intended to combat poverty and inequality.

The United States and Canada on Wednesday demanded dispute settlement talks with Mexico under a North American trade deal, charging that Mexican energy policies were discriminatory and "undermine" international firms and cross-border supplies.

The United States and Canada on Wednesday demanded dispute settlement talks with Mexico under a North American trade deal, charging that Mexican energy policies were discriminatory and "undermine" international firms and cross-border supplies.

The United States on Wednesday demanded dispute settlement talks with Mexico under a regional trade deal, charging that Mexican energy policies were discriminatory and "undermine" American firms and U.S.-produced energy.

The United States on Wednesday requested dispute settlement consultations with Mexico under a regional trade deal over Mexican energy policies that it considers discriminatory and says "undermine" American firms and U.S.-produced energy.

Russia says military aims expanding in Ukraine, pummels Kharkiv

Stenson stripped of Ryder Cup captaincy as LIV rumours swirl

Brazilian motor maker WEG SA on Wednesday reported a drop in quarterly net income and said operating margins remained under pressure from supply chain issues, sending its shares down.

Germany's Volkswagen and Franco-Italian chipmaker STMicroelectronics will co-develop a new semiconductor amid a global microchip crunch that has strained the car industry's supply chain, the companies said on Wednesday.

The United Nations mission in Afghanistan (UNAMA) said on Wednesday that the ruling Taliban were responsible for extrajudicial killings, torture, arbitrary arrests, and inhumane punishments in the 10 months since they seized power.