Reuters

Ukraine vowed to strengthen its armed forces after Russia launched its biggest aerial assaults on cities since the beginning of the war, forcing thousands to flee to bomb shelters and prompting Kyiv to halt electricity exports to Europe.

The U.S. Federal Reserve is clear on the need for restrictive monetary policy to lower inflation, Fed Vice Chair Lael Brainard said on Monday, but the path and pace of rate increases will remain "data-dependent" as the central bank monitors the economy and the evolution of domestic and global risks.

The U.N. General Assembly voted on Monday to reject Russia's call for the 193-member body to hold a secret ballot later this week on whether to condemn Moscow's move to annex four partially occupied regions in Ukraine.

More than a dozen calves wait at a research farm in New Zealand to be fed Kowbucha, a punnily named probiotic that studies show reduces burps -- or methane emissions.

German Chancellor Olaf Scholz's faced the prospect of a more divided government after one of his coalition partners vowed to assert itself more strongly following a drubbing in a state election.

Tide detergent maker Procter & Gamble Co faces a challenge to its CEO Jon Moeller as its chairman of the board from environmental groups at its annual shareholder meeting on Tuesday, with some investors planning to vote against him in that role.

European shares edged lower on Monday as investors stayed cautious ahead of major corporate earnings this week, with nerves around rising interest rates and escalating geopolitical tensions also weighing on sentiment.

The decision by the Organization of the Petroleum Exporting Countries and allies last week to cut oil production has spurred a flurry of activity in the options market - but with more U.S.

British government bond prices tumbled on Monday in a sign that investors are yet to be convinced by Finance Minister Kwasi Kwarteng's drive to shore up fiscal credibility, which included bringing forward his new fiscal plan to Oct.

British finance minister Kwasi Kwarteng, under pressure to rebuild shattered investor confidence in the new government's economic agenda, on Monday brought forward the publication date for fiscal plans and economic forecasts to Oct.

A British court has granted permission for U.S.-based hedge fund Elliot Associates and Jane Street Global Trading to sue the London Metal Exchange (LME) for cancelling nickel trades in March, a court document showed.

World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of a growing risk of global recession and said inflation remained a continuing problem after Russia's invasion of Ukraine.

Pakistan's central bank kept its key policy rate unchanged at 15% on Monday, days after the South Asian country's credit rating was downgraded in the face of an economic meltdown exacerbated by devastating floods.

Staff turned off the lights and started draining the pools at Hungary's famous Miskolctapolca cave baths on Monday, after the centuries-old attraction succumbed to a modern-day crisis - soaring gas prices.

The U.S. Federal Reserve may still be able to lower inflation without a sharp rise in unemployment even as it continues raising interest rates, Chicago Fed president Charles Evans said Monday, a rebuttal to arguments the Fed is pushing the world and the U.S.

A French criminal court opened the historic manslaughter trial of Air France and planemaker Airbus on Monday, with relatives demanding justice 13 years after an A330 passenger jet ploughed into the Atlantic, killing everyone on board.

European Union countries will seek a November deal on more emergency measures to tackle high gas prices, officials said, although countries still disagree on what form those measures would take and whether they should cap gas prices.

Italian unions on Monday demanded a wage rise of 8.4% for next year to offset rising inflation as they prepare for official talks with industrial groups Stellantis, Ferrari, Iveco and CNH Industrial.

U.S. stock index futures slipped on Monday, as an intensifying war in Ukraine and U.S.

Germany said on Monday it aimed to urgently implement a 96 billion euro ($93 billion) plan to ease pressure on consumers from surging gas prices as it was warned the supply situation heading into winter remained tense even with full reserves.

Renault and Nissan said on Monday they were in talks about the future of their alliance, including the Japanese automaker considering investing in a new electric vehicle venture by its French partner.

A trio of U.S. economists including Former Federal Reserve chief Ben Bernanke won this year's Nobel Economics Prize on Monday for laying the foundation of how the world now manages global crises like the recent pandemic or the Great Recession of 2008.

China called for "patience" with its tough COVID policies and warned against any "war-weariness" as local cases soared to their highest since August, days ahead of a pivotal Communist Party congress.

The U.S. Supreme Court is set to hear arguments on Tuesday in an industry challenge to the constitutionality of a California animal welfare law in a case that could undermine the power of states to regulate a range of issues within their own borders.

A lack of rain and snow in central California and restricted water supplies from the Colorado River in the southernmost part of the state have withered summer crops like tomatoes and onions and threatened leafy greens grown in the winter.

U.S. banks are giving far less to federal candidates this election cycle and increasing the proportion they are handing to Democrats as they rethink their political giving, according to a Reuters analysis of data compiled by the Center for Responsive Politics (CRP) and more than half a dozen industry officials and lobbyists.

If Republicans win control of the U.S. House of Representatives in November's midterm elections, they expect to use a powerful and potentially dangerous tool as leverage in their dealings with Democratic President Joe Biden: The federal debt ceiling.

Igor Tikhiy, a 49-year-old marketing professional, has a simple answer to the question of why he fled to Georgia last week, crossing the border in the dead of night on his bicycle.

The Bank of England sought to ease concerns about this week's expiry of its programme to calm turmoil in the government bond market, announcing on Monday new safety net measures including a doubling of the maximum size of its debt buy-backs.