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Twitter set to accept Elon Musk's $43 bn 'best and final' offer

Twitter may announce the $43 billion deal later on Monday once its board has met to recommend the transaction.

Biden names veteran diplomat Bridget Brink as US ambassador to Ukraine

A Michigan native who speaks Russian, Brink's 'decades of experience make her uniquely suited for this moment in Ukraine's history,' a State Department statement said

Ukraine war: Putin accuses West of 'terror', tells prosecutors to be tough

Speaking to Russia's top prosecutors and watched by his defence minister, Putin accused the West of inciting Ukraine to plan attacks on Russian journalists - an allegation denied by Kyiv

Cash shifts pull rug under global equity markets, say strategists

World stocks recorded their worst quarter this year since the coronavirus pandemic unleashed havoc in March 2020, while US stocks are down nearly 12% from its peak earlier this year

Covid-19: Beijing shoppers throng stores as district starts mass testing

Since Friday, Beijing has reported 70 locally transmitted cases in eight of its 16 districts, with Chaoyang accounting for 46 of the total, said a local health official on Monday

Coca-Cola results exceed expectations on higher prices, stable demand

Analysts and companies have warned that demand could slow as the Ukraine war and Indonesia's ban on palm oil exports result in higher global food prices

TikTok owner ByteDance appoints lawyer Julie Gao as new CFO; to join in May

Gao has advised on ByteDance's acquisitions of Musical.ly, which was later integrated into TikTok, and Shanghai-based gaming studio Moonton

Two-thirds of workers might seek new jobs if forced back to office: Survey

The findings track US data showing high levels of job turnover, as well as near-record vacancies as firms struggle to recruit and hold onto workers

Macron re-election has no immediate effect on France's credit rating: S&P

Although the still-divided political landscape could see economic reforms watered down, S&P Global said

Gold falls to four-week low amid rate hike jitters, robust dollar

Spot gold fell 0.7% to $1,916.17 per ounce by 0922 GMT, earlier hitting its lowest since March 29 at $1,911.80

US says will reopen Kyiv embassy, 'Russia has already failed' in war aims

U.S. officials said they pledged new assistance worth $713 million for Zelenskiy's government and other countries in the region

European Union, India to set up trade, technology council: EU chief Ursula

Both sides agreed that rapid changes in the geopolitical environment highlight the need for joint in-depth strategic engagement

Gold hits 2-week low on hawkish Federal Reserve bets, dollar strengthens

Gold now at a two week low over Fed bets while the dollar is steadily strengthening its ground. Spot gold was down by 0.1% per ounce while futures were down by 0.2%

Euro inches up after Macron's victory, gains against bruised sterling

Euro gained a fraction after French President's comfortable defeat of his opponent Marine Le Pen. The outcome was largely expected by market pundits and political analysts.

Global edible oil markets simmer over shocking Indonesian ban on palm oil

Indonesia's ban on palm oil exports shocked global edible oils markets that already reached record high prices this year, and sparked alarm among major importers of the cooking medium.

Oil prices extend losses as Shanghai lockdowns hit demand outlook

Brent crude futures slid $1.90, or 1.8%, to $104.75 a barrel at 0015 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell $1.89, or 1.9%, to $100.18 a barrel

Under shareholder pressure, Twitter begins deal talks with Elon Musk

The company's decision to engage with Musk, taken earlier on Sunday, does not mean that it will accept his $54.20 per share bid, the sources said

Shanghai reports record deaths; virus-hit premises blocked by fences

Shanghai logged 21,058 new local Covid infections, most of which were mild, authorities said

Russia-Ukraine war: Zelenskyy seeks heavy arms from US officials

The trip by Blinken and Austin, announced earlier by Zelenskyy, would be the highest-level visit to Ukraine by US officials since Russian President Vladimir Putin ordered the invasion of the country

IMF says held 'fruitful' technical talks with Sri Lanka on loan request

The Fund said in a statement that the discussions included the need for Sri Lanka to implement 'a credible and coherent strategy' to restore macroeconoimc stability