IBT Staff Reporter

Oil prices moved lower on Thursday, paring some losses after falling more than $4 as investors focused on the prospect of a large U.S.

Oil prices rose on Thursday, with Brent breaking above $100 a barrel, as investors weighed tight supplies against the prospect of a large U.S.

Oil prices ticked down on Thursday as investors doubled down on the possibility of a rate hike by the U.S. Federal Reserve that would stem inflation and curb oil demand.

U.S. crypto lender Celsius Network said on Wednesday it had filed for bankruptcy in New York, becoming the latest victim in the cryptocurrency sector of a dramatic plunge in token prices.

The International Monetary Fund (IMF) on Thursday said it had reached a staff-level agreement with Pakistan that would pave the way for disbursement of $1.17 billion, if approved by the IMF board, and was considering topping up the programme.

Independent truckers who ferry goods to and from the nation's busiest seaport complex in Southern California on Wednesday stopped work to protest a state law that makes it harder for businesses to treat workers as independent contractors rather than employees.

Peru wants to secure a deal with the United States as soon as possible to help it tackle the use of planes to smuggle cocaine at a time when coca cultivation has been growing, the Andean nation's anti-drug chief said on Wednesday.

Russian missiles struck the Ukrainian city of Vinnytsia far behind the frontlines on Thursday in an attack which Ukrainian officials called a war crime and said had killed at least 23 people, including three children.

Russian missiles struck the Ukrainian city of Vinnytsia far behind the frontlines on Thursday in an attack which Ukrainian officials called a war crime and said had killed at least 23 people, including three children.

Russian missiles struck the Ukrainian city of Vinnytsia far behind the frontlines on Thursday in an attack which Ukrainian officials called a war crime and said had killed at least 21 people, including three children.

Russian missiles struck the Ukrainian city of Vinnytsia far behind the frontlines on Thursday in an attack which Ukrainian officials said had left at least 12 people dead, including a small child.

Ukraine, the United Nations and Turkey hailed progress at talks aiming to resume Black Sea grain exports blocked by Russia and ease the risk of starvation faced by millions, but an end to the war remained far off as heavy shelling continued on Thursday.

Former finance minister Rishi Sunak cemented his lead over rivals to become Britain's next prime minister on Thursday in an increasingly bitter race to replace Boris Johnson.

Foreign Secretary Liz Truss set out her pitch to become Britain's next prime minister on Thursday, saying she was the only contender with the experience to take the "tough decisions" needed to turn a flagging economy around.

Bank of Canada's surprise full percentage point interest rate hike on Wednesday could put the brakes on the country's once-frothy housing market and weigh on banks' profits after strong mortgage growth emerged as the main growth engine during the pandemic.

The shooting over the weekend of an official in Brazil's leftist Workers' Party (PT) by a supporter of right-wing President Jair Bolsonaro has inflamed fears of more political violence ahead of a heated election in October.

Race to find Brazil Amazon species before they disappear

Michael Cox, a former Boston police officer who was once beaten by colleagues who mistook him for a suspect, was named by Boston Mayor Michelle Wu to lead the largest police department in Massachusetts.

Michael Cox, a former Boston police officer who was once beaten by colleagues who mistook him for a suspect, was named by Boston Mayor Michelle Wu to lead the largest police department in Massachusetts.

The European Union is preparing a seventh package of sanctions against Moscow but it is already clear that it will not curb imports of Russian gas as too many member states can't adjust quickly enough, Czech Prime Minister Petr Fiala told Reuters.

Pakistan's talks with the International Monetary Fund have been completed and an announcement on staff level agreement by the fund is expected soon, the country's finance minister said on Wednesday.

A surveillance video showing a long delay by Texas police and federal agents before they acted to stop the mass shooting at Uvalde's Robb Elementary School shows that their response was "indefensible," U.S.

Two Congolese, who were earlier arrested in the United States and indicted by a federal grand jury, have pleaded guilty to trafficking elephant ivory and white rhinoceros horn from the Democratic Republic of Congo to Seattle, the U.S.

New York City police on Wednesday arrested a suspect in the stabbings of three homeless men, one of whom has died.

A suspect in the stabbings of three homeless men, one of whom died, has been taken into custody by the New York City Police Department, authorities said on Wednesday.

European Union member Lithuania will allow sanctioned Russian goods to transit its territory on their way to Russia's Kaliningrad exclave, its Foreign Ministry said on Wednesday, reversing its policy after new European Commission guidelines.

The Biden administration said on Wednesday that refusing to fill prescriptions for drugs that could be used to terminate a pregnancy could violate federal law, regardless of various state bans on the procedure.

Electric vehicle startups that promised to disrupt the automotive industry by using a software- and technology-heavy approach are now scrambling to cut costs amid the type of industry slowdown that has bedeviled Detroit automakers over the years.

U.S. companies plan to invest $40 billion in Mexico between now and 2024, Mexican President Andres Manuel Lopez Obrador told U.S.