IBT Staff Reporter

The dollar fell against the euro for a third straight session on Tuesday, following a Reuters story that European Central Bank policymakers are considering raising interest rates by a bigger-than-expected 50 basis points at their meeting on Thursday to tame record-high inflation.

The U.S. dollar hovered just above a one-week low on Tuesday as markets reduced the odds of a full percentage-point Federal Reserve rate hike this month.

The U.S. dollar hovered on Tuesday just above a one-week low reached overnight versus major peers as markets reduced the odds of a percentage-point Federal Reserve rate hike this month.

Bank Indonesia is likely to hold rates at a record low on Thursday, but one in three economists polled by Reuters expected a 25 basis-point hike to shore up the rupiah currency and guard against capital outflows stemming from aggressive U.S.

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The United States will impose harsh consequences on countries that break the international economic order, Treasury Secretary Janet Yellen said on Tuesday.

Tesla Inc's electric vehicle (EV) sales are rapidly picking up off a low base in Australia and are set to catch up with sales of its Powerwall home batteries in the country, Chair Robyn Denholm said on Tuesday.

Truck drivers choked traffic at the Oakland, California, seaport on Monday protesting a state law that makes it harder for independent contractors to transport goods and could limit labor at the state's already clogged seaports, threatening to worsen the nation's pandemic-fueled supply chain jams.

Oil prices were little changed on Tuesday as the market balances fears that an economic slowdown will hit oil demand against tight supply and a weaker U.S. dollar.

Oil prices fell 2% on Tuesday after soaring by more than $5 barrel in the previous session, weighed by fears that an economic slowdown will hit oil demand, though tight supply and a weaker dollar curbed some losses.

Oil prices softened on Tuesday after soaring by more than $5 barrel in the previous session on expectations that U.S.

Oil rose slightly on Tuesday, paring earlier losses and after soaring by more than $5 barrel in the previous session, amid concerns about tight supply.

Advisers to the U.S. Homeland Security Department said there was no need for the Disinformation Governance Board created by President Joe Biden's administration earlier this year.

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Four years on from the dramatic rescue of a group of 12 boys and their soccer coach from a cave in Thailand, their story has been told by Oscar-winning filmmaker Ron Howard in "Thirteen Lives".

Russian President Vladimir Putin met Iranian Supreme Leader Ayatollah Ali Khamenei in Tehran on Tuesday, stressing closer ties in the face of Western pressure over the war in Ukraine, where Russian forces struck more targets across the country.

Russian President Vladimir Putin met Iranian Supreme Leader Ayatollah Ali Khamenei in Tehran on Tuesday, stressing closer ties in the face of Western pressure over the war in Ukraine, where Russian forces struck more targets across the country.

A senior Russian security official said on Tuesday that peace in Ukraine when it came would be on Moscow's terms as Russian forces struck targets across the country with missiles even as their ground offensive stuttered.

Russian forces kept up their bombardment of cities across Ukraine, with intense shelling of Sumy in the north, cluster bombs targeting Mykolaiv and a missile strike in Odesa in the south, authorities said on Tuesday.

Cryptocurrency lender Celsius Network said bitcoin mining is key to the company's restructuring efforts at a U.S. bankruptcy court hearing on Monday in Manhattan.

Feeling cooped up by the Chinese capital's partial COVID-19 lockdown earlier this year, which shut gyms, parks and other venues, Beijing resident Mina Zhao came across surfskating on social media and decided to give it a try.

From his small office in Singapore, Kelvin Pang is ready to wager a $23 million payday that the worst of the chip shortage is not over for automakers - at least in China.

U.S. banks have started taking a hit on their leveraged loans' exposure as the outlook for dealmaking turns sour amid rising interest rates and extreme market volatility caused by the Russian invasion of Ukraine.

U.S. allies appear committed to following Washington's lead banning forced labor goods from China's Xinjiang region, a senior U.S.

Australia has lost more mammal species than any other continent and has one of the worst rates of species decline among the world's richest countries, a five-yearly environmental report card released by the government on Tuesday said.

Australia has lost more mammal species than any other continent and has one of the worst rates of species decline among the world's richest countries, a five-yearly environmental report card released by the government on Tuesday said.

Australia has lost more mammal species than any other continent and has one of the worst rates of species decline among the world's richest countries, a five-yearly environmental report card released by the government on Tuesday said.

Mexico's president on Monday downplayed the U.S. Drug Enforcement Administration (DEA)'s role in last week's capture of drug lord Rafael Caro Quintero, exposing tensions over security cooperation despite the major cross-border win.

Texas state police will form an "internal committee" to review the response by state law enforcement to the May elementary school mass shooting in Uvalde, after a Texas legislators' probe blamed "systemic failures" and poor leadership, the state's Department of Public Safety (DPS) said on Monday.