OPEC+ meets quickly, sticks to script, dodges debate on geopolitics

LONDON — After a month in which oil prices surged 15% and geopolitical tensions seethed around the world, the Organization of the Petroleum Exporting...

All in a day: Zuckerberg loses $29B, Bezos set to pocket $20B

Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc.’s stock marked a record one-day plunge, while fellow billionaire Jeff...

US warns Russia may stage video as pretext to invade Ukraine

WASHINGTON/MOSCOW/KYIV — Russia has formulated several options as an excuse to invade Ukraine, including the potential use of a propaganda video showing a staged...

Biden plans several stops during Asia trip, to keep focus on region

WASHINGTON — President Joseph R. Biden plans several stops during a visit to Asia this spring, which will be his first to the region as president and include a summit with three key regional allies in Japan, a senior administration official told Reuters.

EU’s border-free Schengen zone needs overhaul — Macron

TOURCOING — The European Union’s (EU) border-free Schengen area should be managed by regular ministerial meetings, just like the euro zone, French President Emmanuel Macron said on Wednesday, adding that this could start as early as next month.

Billionaire files lawsuit against Facebook over scam ads

SYDNEY  — Iron ore magnate Andrew Forrest said on Thursday he is launching criminal proceedings against Meta Platform, Inc.’s Facebook in an Australian court, alleging that it breached anti-money laundering laws and its platform is used to scam Australians.

Fortress New Zealand delays full reopening until October

WELLINGTON/SYDNEY — New Zealand on Thursday announced a phased reopening of its border that has been largely closed for two years due to the coronavirus disease 2019 (COVID-19) pandemic, but travel bodies said self-isolation rules need to be removed to revive the struggling tourism sector. 

Biden orders nearly 3,000 US troops to Eastern Europe to counter Russia

WASHINGTON/MOSCOW — The United States will send nearly 3,000 extra troops to Poland and Romania to shield Eastern Europe from a potential spillover from the crisis over the massing of Russian troops near Ukraine, US officials said on Wednesday. 

EU’s border-free Schengen zone needs overhaul, political leadership – Macron

TOURCOING, France — The European Union’s (EU) border-free Schengen area should be managed by regular ministerial meetings, just like the euro zone, French President...

Fighting COVID will help economy recover faster, lower inflation — IMF’s Georgieva

WASHINGTON — The coronavirus disease 2019 (COVID-19) pandemic remains the biggest risk to the global economy, and is contributing to rising inflation in many...

Fund managers miss out on over $3 trillion by overlooking women

IF WOMEN invested at the same rate as men, the global fund management industry could have had more than $3 trillion in additional cash to allocate last year, according to a new study.

Japan eyes tighter curbs to counter cyberattacks

TOKYO — Japan will consider imposing tighter curbs on companies in security-sensitive sectors that procure overseas software as part of efforts to ramp up steps to counter cyberattacks, according to a proposal by a key panel released on Tuesday.