MUMBAI — Global edible oil consumers have no option but to pay top dollar for supplies after Indonesia’s surprise palm oil export ban forced buyers to seek alternatives, already in short supply due to adverse weather and Russia’s invasion of Ukraine.

The European Union (EU) is preparing “smart sanctions” against Russian oil imports, The Times reported on Monday, citing the European Commission’s executive vice president, Valdis Dombrovskis. 

PARIS — Emmanuel Macron comfortably defeated far-right rival Marine Le Pen on Sunday, heading off a political earthquake for Europe but acknowledging dissatisfaction with...

WASHINGTON — European Central Bank (ECB) policymakers are keen to end their bond purchase scheme at the earliest possible moment and raise interest rates...

SHANGHAI — Shanghai authorities battling an outbreak of coronavirus disease 2019 (COVID-19) have erected fences outside residential buildings, sparking fresh public outcry over a...

PARIS — The French began voting on Sunday in an election that will decide whether pro-European Union (EU), centrist President Emmanuel Macron keeps his job or is unseated by far-right euroskeptic Marine Le Pen in what would amount to a political earthquake.

KYIV — US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin were to visit Kyiv on Sunday to discuss Ukraine’s request for more powerful weapons after months of combat with invading Russian forces.

THE World Health Organization (WHO) said on Saturday that at least one child death had been reported following an increase of acute hepatitis of unknown origin in children, and that at least 169 cases had been reported in children in 12 countries.

A BARRAGE of shocks is building that’s unlike anything emerging markets have had to confront since the 1990s, when a series of rolling crises sank economies and toppled governments.

LONDON — Western governments jointly warned on Wednesday about a potential threat of increased malicious cyber activity by Russia against critical infrastructure as a response to sanctions imposed as punishment for its invasion of Ukraine.

PERU’s government will present a bill to allow for chemical castration as a penalty for raping a minor, Cabinet members told reporters on Wednesday, following national outrage over the rape of a 3-year-old girl.

WASHINGTON/LONDON — Top officials from Britain, the United States, and Canada walked out on Russia’s representatives at a Group of 20 (G20) meeting on Wednesday and many members spoke to condemn Moscow’s war in Ukraine, exposing deep divisions in the bloc of major economies.