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ExxonMobil reports record profits of $55.7 bn in 2022
ExxonMobil reported record annual profits of $55.7 billion in 2022 on Tuesday, reflecting higher commodity prices amid recovering demand and the impacts of Russia's invasion of Ukraine.
Green energy investment tops $1 trillion, matches fossil fuels
Investment in cleaner energy is on the verge of overtaking spending on fossil fuels for the first time ever after exceeding $1 trillion last year, a report on Tuesday said.
Brexit gloom prevails on UK's three-year anniversary
British Prime Minister Rishi Sunak defended Brexit as a "huge opportunity" on Tuesday, as the UK marked three years since leaving the EU amid economic crisis and a growing public sense of "Bregret".
Large investors pull Adani's $2.5 bn share sale through after stock rout
Adani Group's ambitious share sale exceeded its subscription targets Tuesday in a relief for the Indian conglomerate, which is reeling from allegations of "brazen" corporate fraud that wiped more than $65 billion off its value.
No ATP action against Zverev after 'insufficient evidence' of abuse
Former world number two Alexander Zverev will face no disciplinary action from the ATP after an independent investigation found "insufficient evidence" to substantiate allegations of domestic abuse, it was announced Tuesday.
Mane returns to training with ball in Munich
Bayern Munich forward Sadio Mane trained with the ball for the first time in three months on Wednesday, two weeks ahead of the club's crucial Paris Saint Germain clash.
French court orders partial release for convicted Corsican nationalist
A French court on Tuesday ordered the partial release of a Corsican nationalist who has served 24 years in jail for the 1998 murder of a top French official.
Japan and NATO pledge 'firm' response to China, Russia threats
Japan and NATO must "remain united and firm" in the face of security threats posed by China, North Korea and Russia's war in Ukraine, Jens Stoltenberg said Tuesday in Tokyo.
Bayern Munich sign Cancelo on loan from Man City
Bayern Munich have signed Portugal wing-back Joao Cancelo on loan until the end of the season from Manchester City, the German club confirmed on Tuesday.
UK retail giant Tesco to axe over 2,000 jobs
Supermarket group Tesco, the biggest retailer in Britain, announced Tuesday plans to slash about 2,100 jobs, as sky-high inflation hikes costs.
New French protests, strikes target Macron pensions plan
French President Emmanuel Macron on Tuesday faced a new wave of anger over his plan to reform pensions, with nationwide strikes and protests causing widespread disruption in transport, schools and other public services.
Pakistan mosque blast that killed 95 was 'revenge against police'
A suicide blast at a mosque inside a police headquarters in Pakistan that killed more than 90 people was a targeted revenge attack, a police chief said Tuesday.
Farah says 2023 London Marathon will be his last
British athletics great Mo Farah has said this year's London Marathon will likely be his last as he contemplates the end of a brilliant career.
Ukraine war dominates Nobel year again
From NATO's secretary general to the Ukrainian president, the war in Ukraine dominates the publicly known names submitted by Tuesday's deadline for the 2023 Nobel Peace Prize.
EU lawmakers back lifting MEPs' immunity in graft probe
A key European Parliament committee on Tuesday unanimously backed lifting the immunity of two lawmakers implicated in a corruption scandal that has rocked the EU.
Blinken meets Palestinian leaders in bid to restore calm
US Secretary of State Antony Blinken was set to meet Palestinian leaders Tuesday for his final stop on a Middle East tour aimed at curbing the worst outbreak of Israeli-Palestinian violence in years.
Peru Congress to resume debate on bringing elections forward
Peru's Congress will resume debate Tuesday on a bill to bring forward elections, a move aimed at ending weeks of protests that have left dozens dead and brought parts of the country to a standstill.
US, South Korean defence chiefs vow more drills to counter North
US Defense Secretary Lloyd Austin met his counterpart in Seoul on Tuesday, pledging to beef up joint drills and security cooperation as South Korea seeks nuclear reassurances in the face of growing North Korean threats.
France faces huge disruption as pension protests kick off
France woke up to a day of paralysis Tuesday with transport blockages, mass strikes and demonstrations hitting the country for the second time in a month to protest a planned reform to raise the retirement age.
Adani empire tumbles again with stock sale hanging in the balance
Investors dumped more Adani shares on Tuesday, deepening the carnage at India's biggest conglomerate which has already lost around $70 billion in value after allegations of "brazen" corporate fraud.
Asian markets take fresh hit as nervous traders await Fed meeting
Asian markets sank Tuesday following a big selloff on Wall Street and ahead of a key Federal Reserve policy decision later in the week, while data showing a bounce in Chinese economic activity failed to lift the mood.
More than 80 killed in Pakistan mosque blast
Bodies were still being pulled Tuesday from the wreckage of a mosque blast at a police headquarters in northwestern Pakistan that killed more than 80 people and wounded 150 more.
Winter not over, but Europe braces for the next one
Europe has weathered the energy crisis that followed Russia's invasion of Ukraine so far, but businesses and households are already thinking about how to get through the next winter.
Pope visits conflict-ridden central Africa, first stop DR Congo
Pope Francis embarks on his fifth visit to Africa on Tuesday, flying to the Democratic Republic of Congo and then South Sudan to plead for peace in the two violence-plagued nations.
Pakistan's economy in 'collapse' as IMF visits
Pakistan is gripped by a major economic crisis, with the rupee plummeting, inflation soaring and energy in short supply as IMF officials visit to discuss a vital cash injection.
High energy bills deal heavy blow to Belgian glassware business
When energy prices blew up last year in the wake of Russia's war in Ukraine, Belgian glassblower Christophe Genard had no other option but to close for three months.
Libraries offer novel 'warm space' for hard-up Britons
As Britain endures a cost-of-living crisis, public libraries and other community hubs are providing "warm spaces" for vulnerable members of society to stay safe and access free food this winter.
Reliable European demand fuels US natural gas boom
Rising demand from Europe has added to a US natural gas investment boom even as the industry struggles to overcome opposition to pipeline construction.
More than 80 killed in Pakistan mosque blast targeting police
Bodies were still being pulled Tuesday from the wreckage of a mosque blast that targeted police officers in northwestern Pakistan, killing more than 80 people and wounding 150 more.
Myanmar junta prepares for poll, raising fears of more bloodshed
Two years after a coup snuffed out Myanmar's short-lived democratic experiment, the country's military is planning elections that analysts warn could spark further bloodshed as opposition to junta rule rages on.
Politics, cash, fame: what motivates climate change deniers
Right-wing ideologues funded by fossil fuels, fame-seeking narcissists and doubt mongers monetising their content are pushing climate disinformation that undermines the fight against global warming, researchers say.
Climate disinfo surges in denial, conspiracy comeback
False information about climate change flourished online over the past year, researchers say, with denialist social media posts and conspiracy theories surging after US environmental reforms and Elon Musk's Twitter takeover.