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The International Monetary Fund on Tuesday slightly raised its global growth forecast, saying the economy had proven "surprisingly resilient" despite inflationary pressures and monetary policy shifts.
Heavy rains battered parts of the Middle East on Tuesday, closing schools in the United Arab Emirates and flooding the tarmac at Dubai International Airport. In Oman, at least 18 people have died in recent days due to the severe weather.
United Airlines on Tuesday cut its aircraft-delivery expectations for the year as it grapples with delays from Boeing, the latest airline to face growth challenges because of the plane-maker's safety crisis.
Azerbaijan systematically ‘erasing’ all traces of ethnic Armenians in the disputed region, Yerevan says.
Malaysia’s former prime minister Mahathir Mohamad on Tuesday challenged investigators to prove his alleged abuse of power while in government, as a widening crackdown by anti-corruption authorities pulls in his family members and allies in the business elite.
BEIJING (AP) — German Chancellor Olaf Scholz told Chinese leader Xi Jinping who hosted him in Beijing on Tuesday that Russia’s full-scale invasion of Ukraine threatens global security, in an apparent call for China to apply greater pressure on its neighbor and close strategic partner to resolve the conflict.
BERLIN (Reuters) -- Tesla is laying off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles.
The central premise is logical. They contend that Beijing seeks to exhaust Washington by taking contrary positions – or simply declining to act at all – on Ukraine, the Middle East, the Red Sea or any other locus of international conflict in which the US has a stake.