Reuters

Australia's central bank will hike interest rates by another half-point on Tuesday and increase borrowing costs further than previously thought in its most aggressive tightening cycle since the 1990s to arrest red hot inflation, a Reuters poll showed.

The United States has imposed several rafts of sanctions on Russia over its invasion of Ukraine in February, targeting its central bank, major lenders, oligarchs and Russian President Vladimir Putin.

British lender Barclays Plc <BARC.L> agreed with the U.S.

Central banks in Mexico and Colombia on Thursday accelerated their monetary policy hiking cycles to push back against inflationary pressures, even as some policymakers elsewhere in the region look to pause their rate increases.

When the people of Punta Gorda on Florida's Gulf Coast rebuilt Charlotte High School, they vowed it would never be pulverized by a hurricane again.

The U.S. House of Representatives on Thursday approved a bill that would sharply raise fees for antitrust reviews of the biggest mergers and strengthen state attorneys general in antitrust fights.

Toyota Motor Corp President Akio Toyoda said California's new zero-emission requirements that seek to end sales of new gasoline-only vehicles by 2035 will be "difficult" to meet.

United States women's coach Vlatko Andonovski is hoping a sold-out Wembley Stadium will create an atmosphere to give his team a real test in next month's friendly against England, with the World Cup less than a year away.

The Vatican on Thursday acknowledged that it had secretly disciplined East Timor bishop and Nobel Peace Prize winner Carlos Ximenes Belo two years ago, responding to allegations that he sexually abused boys in East Timor decades before.

A group of about 20 members of a fundamentalist Jewish sect escaped from a Mexican detention center in the southern state of Chiapas on Wednesday night, according to a Reuters reporter who filmed the incident.

A nearly $16 billion JP Morgan fund is expected to reset its options positions on Friday, potentially adding to equity volatility at the end of a gloomy quarter for stocks.

U.S. prosecutors on Thursday unveiled criminal charges accusing the Russian billionaire Oleg Deripaska of violating sanctions imposed after Russia invaded Ukraine.

The United States on Thursday imposed sanctions on companies it accused of involvement in Iran's petrochemical and petroleum trade, including five based in China, pressuring Tehran as it seeks to revive the 2015 Iran nuclear deal.

Oil prices dropped after touching the $90 per barrel mark on Thursday as traders awaited clarity on potential OPEC+ cuts next week and as the dollar eased off 20-year highs.

Two former eBay Inc security executives were sentenced to prison on Thursday for carrying out a campaign to harass and intimidate a Massachusetts couple through threats and disturbing home deliveries after their online newsletter drew the ire of the company's then-CEO.

The U.S. Coast Guard is assessing damage at Port Tampa Bay after Hurricane Ian dropped more than 12 inches of rainfall in southern Florida, but the port said on Thursday that fuel can currently move from terminals onto trucks.

Belgian motorists are crossing the border into France to fill up on subsidised fuel that costs the Treasury billions of euros and is designed to shield French households from the full inflationary pain felt in some neighbouring countries.

Rising interest rates and a rapidly appreciating currency are exporting the U.S.

The Bank of England's new programme of bond purchases aims to cure market dysfunction, not cap yields or offer cheaper credit to the government or financial institutions, BoE chief economist Huw Pill said.

The Federal Reserve announced Thursday that six of the nation's largest banks would participate in a pilot climate scenario analysis exercise in 2023.

The top commander of Colombia's National Liberation Army (ELN) rebel group, which is exploring a resumption of peace talks with the leftist government, told Reuters any process must seek profound change for all of society and not political power for a few guerrilla commanders.

A former U.S. Army major and his anesthesiologist wife have been criminally charged for allegedly plotting to leak highly sensitive healthcare data about military patients to Russia, the Justice Department revealed on Thursday.

European shares tumbled on Thursday as relief from the Bank of England's bond buy-back plan to soothe distressed markets fizzled out, while grim inflation data from Germany fed fears about soaring prices and aggressive central bank moves.

The financial turmoil emanating from Britain and Japan is not yet enough to prompt the U.S.

The number of Americans filing new claims for unemployment benefits fell to a five-month low last week as the labor market remains resilient despite rising headwinds from the Federal Reserve's stiff interest rate increases and slowing demand.

Ukrainian troops are moving to capture the Russian-held eastern town of Lyman, threatening a new setback for Kremlin leader Vladimir Putin's campaign in the Donbas as he prepares to declare the region part of Russia.

Italy will spend around 13 billion euros ($12.62 billion) less this year in European post-COVID recovery funds than it previously targeted, a Treasury document showed, underscoring the country's problems in implementing investment programmes.

German Chancellor Olaf Scholz set out a 200 billion euro ($194 billion) "defensive shield", including a gas price brake and a cut in sales tax for the fuel, to protect companies and households from the impact of soaring energy prices.

This week's plunge in UK financial assets accelerated a longer historic decline signalling a loss of confidence among international investors that Britain may find hard to restore.