Reuters

New Zealand's central bank is expected to deliver its fourth straight half-point rate hike on Wednesday, but most economists see rates peaking below policymakers' forecast after the most aggressive tightening in two decades to tame soaring inflation.

Two former Minneapolis police officers have turned down plea deals with state prosecutors on charges connected to the murder of George Floyd, a court spokesperson said on Monday, setting the stage for a trial in late October.

The government of Ecuador has authorized security forces in Guayaquil to carry out inspections of houses as part of a new state of emergency, the interior minister said, after an explosives attack killed five people over the weekend.

Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas proponents, offsetting startup costs for some of the anti-pollution initiatives.

Scion Asset Management fund manager Michael Burry, who rose to fame with timely bets against housing ahead of the 2008 financial crisis, in the last quarter dumped a dozen bullish positions and replaced them with a new stake in prison company Geo Group Inc, according to filings released on Monday.

A federal judge in California has signed off on Apple Inc.'s $30.5 million settlement in a nearly decade-old lawsuit claiming the company shortchanged 15,000 retail workers by not paying them for time spent in security checks after their shifts.

Ukrainian officials are working to release a detained vessel carrying Ukrainian wheat purchased by Egypt's government, Ukraine's Mideast envoy told reporters on Monday.

Mexico's efforts to save 10 miners who became trapped in a flooded coal mine 13 days ago hit another setback as underground water levels have surged higher, officials said on Monday.

Hedge fund Third Point on Monday unveiled a new position in Walt Disney Co and made a string of suggestions, ranging from spinning off cable sports channel ESPN to share buybacks to new board members, to improve the company's fortunes.

Street-side signs in the southern Lebanese village of Yaroun, the ancestral home of the suspect in the stabbing of Salman Rushdie, bear posters of Iran's former supreme leader Ayatollah Ruhollah Khomeini who in 1989 issued a fatwa calling for the author's death.

A group of journalists and lawyers sued the CIA and its former director Mike Pompeo over allegations the intelligence agency spied on them when they visited WikiLeaks founder Julian Assange during his stay in Ecuador's embassy in London.

With the recent slowdown in inflation, the Federal Reserve is faced with a conundrum ahead of a plan next month to double the rate at which it is shrinking its massive $8.9 trillion balance sheet.

R&B singer R. Kelly's latest federal trial began on Monday with the selection of a jury to hear charges that he lured underage women into having sex with him and obstructed a 2008 state case that ended with his acquittal.

Israel's annual consumer price index (CPI) rose to a higher than expected rate of 5.2% in July, the most since October 2008 and following a 4.4% rate in June, as more aggressive interest rate hikes loom and keep the soaring cost of living centre stage ahead of an election in November.

Goldman Sachs Group Inc and Morgan Stanley urged a U.S.

U.S. stock indexes fell on Monday, mirroring global markets, after weak economic data from China rekindled fears of an economic slowdown in the world's second-largest economy.

Iran will respond to the European Union's "final" draft text to save a 2015 nuclear deal by midnight on Monday, its foreign minister said, calling on the United States to show flexibility to resolve three remaining issues.

Starbucks on Monday accused the federal labor board overseeing union elections at its U.S.

A federal judge on Monday rejected U.S. Senator Lindsey Graham's challenge to a subpoena to testify before a grand jury in Georgia probing efforts by former President Donald Trump and his supporters to overturn his 2020 election defeat.

The Red Cross on Monday appealed to states and donors to set aside their political objections to the Taliban and resume aid flows to Afghanistan's state institutions to ease an "unbearable" humanitarian situation there.

The body of a teenager killed in a high-profile shooting during the Philippines' war on drugs five years ago was exhumed for autopsy on Monday as his family seek to learn more about his death and hold others accountable.

By Nina ChestneyA global surge in wholesale power and gas prices means households across Europe face much higher energy bills this year and beyond, with the region's most vulnerable exposed to fuel poverty, consumer groups say.

Malaysia Airlines has signed a provisional agreement to acquire 20 Airbus A330neos to replace its ageing fleet of A330 widebody jets in a deal that also involves aircraft leasing company Avolon.

Nigeria's annual inflation quickened in July to its highest level since 2005, official data showed on Monday, driven by price rises for food, fuel and clothing.

Britain, the first country to approve a coronavirus vaccine in late 2020, has now also given the first green light to a variant-adapted shot that targets both the original and Omicron version of the virus.

The White House is seeking to improve President Joe Biden's approval ratings by launching a campaign to highlight some of the recent key policy wins by the administration ahead of the November midterm elections.

Polio, a deadly disease that used to paralyze tens of thousands of children every year, is spreading in London, New York and Jerusalem for the first time in decades, spurring catch-up vaccination campaigns.

Thanks to his rooftop solar panels, Pierre Moureau only notices the blackouts that regularly plunge South Africans into darkness when complaints pop up on his Johannesburg neighbourhood's WhatsApp group.

Deputy President William Ruto led a tight presidential race against opposition leader Raila Odinga, official results reported by media showed on Monday, with an announcement from electoral authorities due at 1200 GMT.