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G7 says will continue economic pressure on Russia, tackle 'wheat war'

G7 to continue weapons supplies 'as long as necessary'; G7 to speed up efforts to end dependence on Russia energy; EU says no sign Putin wants to end war

Russia won't simply put up with NATO's Nordic expansion, says Ryabkov

Vladimir Putin has repeatedly cited the post-Soviet enlargement of the NATO alliance eastwards towards Russia's borders as a reason for the invasion of Ukraine.

Holcim examining 10 acquisition targets of large and small companies: CEO

We are growing at quite a fast pace and the plan is, the proceeds from the divestment, we will continue to accelerate our strategy 2025 and acquire new companies: Jan Jenisch

Chinese economy skids as Covid lockdowns hit factories, retailers

Full or partial lockdowns were imposed in major centres across the country in March and April, including the most populous city Shanghai, hitting production and consumption

Surging prices of natural gas squeeze US industrial sector: Report

US natural gas futures have doubled this year, far more than the increases in retail gasoline and diesel that have made Americans angry at the US energy industry and the government

Ukraine counters Russian forces in east; NATO says Kyiv could win war

NATO Secretary-General Jens Stoltenberg said Russia's offensive in Donbas had stalled and Ukraine could win the war, an outcome few military analysts predicted

After six weeks of Covid-induced lockdown, normalcy to return in Shanghai

Data on Monday showed China's industrial output fell 2.9% in April from a year earlier, down sharply from a 5.0% increase in March

Tesla delays plan to restore Shanghai output to pre-lockdown levels: Report

Companies in Shanghai are only allowed to reopen if they can operate under such an arrangement, which requires workers to be isolated

Oil prices slide as investors take profit; supply fear still looms

The European Union aims to agree a phased embargo on Russian oil this month despite concerns about supply in eastern Europe

Egypt says government purchases exempted from India's wheat exports ban

India said it would still allow exports backed by letters of credit that were already issued, and sales to countries that request supplies "to meet their food security needs"

Indonesian Prez Joko Widodo urges Tesla's Musk to invest in nickel sector

Indonesia for years has been trying to secure a deal with Tesla on battery investment and potentially for Musk's SpaceX aerospace company.

Musk says Twitter legal team told him he violated non-disclosure agreement

"Twitter legal just called to complain that I violated their NDA by revealing the bot check sample size is 100!" tweeted Musk, chief executive of electric car maker Tesla Inc.

Sweden to seek NATO membership as ruling party drops 73-year opposition

Sweden, after Finland is set to request for a NATO membership looking at the recent turnaround of the ruling party in the country. This decision also comes at the helm of Russian conflict with Ukraine

Reliance to acquire several brands in over Rs 50,000 cr consumer goods play

Reliance, run by Indian billionaire Mukesh Ambani, plans to build a portfolio of 50 to 60 grocery, household and personal care brands within six months

Finnish president confirms country will apply to join NATO alliance

Finland will be applying for NATO alliance in the near future, Finnish President confirmed recently. With increasing pressure from Russia, Finland is edging closer towards US and NATO's umbrella

Gunman opens fire in Buffalo supermarket in US, kills 10 in hate crime

Police said he shot 11 Black victims and two who were white before surrendering to police

Egypt agrees to buy half a million tonnes of Indian wheat: Supply minister

Egypt's government has agreed to buy half a million tonnes of wheat from India, Egyptian Supply Minister Aly Moselhy said on Sunday.

Front lines shift in Donbas as Ukraine military mounts counteroffensive

Ukraine has scored a series of successes since Russia invaded on Feb. 24, forcing Russia's commanders to abandon an advance on the capital Kyiv

Shanghai aims to reopen more Covid-shut businesses, Beijing battles on

Shanghai is looking to resurrect businesses shutdown due to Covid in order to revive the area's exonomy. Beijing continues to battle along similar lines.

Egypt in talks with India on wheat export ban exemption: Official

India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high