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British rider Simon Yates of Team-BikeExchange-Jayco and Ineos Grenadiers's Pavel Sivakov have been forced to withdraw from the Vuelta a Espana after testing positive for COVID-19 ahead of stage 11 on Wednesday, their teams announced.

The OPEC+ Joint Technical Committee sees the oil market surplus this year reaching 900,000 barrels per day (bpd), up 100,000 bpd from its previous forecast, a report by the committee seen by Reuters showed.

(RTTNews) - The German stock market benchmark DAX dropped more than 1 percent amidst heightened anxiety over a likely big hike that the ECB could deliver to combat record-high inflation.

Afghanistan's Taliban marked the first anniversary of the withdrawal of U.S.-led forces on Wednesday by calling on the international community to "learn" from the experience and accept them as the legitimate government.

When President Tayyip Erdogan's son-in-law suddenly quit as finance minister in late 2020, four staff in Turkey's leading newsrooms said they received a clear direction from their managers: don't report this until the government says so.

The surge in British house prices will come to an end next year as the cost of living crisis and rising borrowing costs put the brakes on what has been a buoyant market for years, a Reuters poll found.

ABB's turbocharging business Accelleron aims to distribute 50% to 70% of reported net income as dividends, and targets organic revenue growth of 2%–4% in the medium term, the Swiss engineering and technology company said on Wednesday.

Denmark's economy is expected to grow 2.8% this year, down from a previous forecast of 3.4%, the country's finance ministry predicted on Wednesday according to business daily Borsen.

Swiss security group Dormakaba Holding said on Wednesday it expected organic growth slightly above its mid-term target range of 3% to 5%, but added the guidance applied only to the first half of the 2022/23 financial year, as geopolitical and macroeconomic risks increase.

Shares of Indonesia's largest tech firm PT GoTo Gojek Tokopedia Tbk fell on Wednesday by as much as 6.8%, a day after it reported heavy interim losses and warned of a volatile market outlook.

Asian stock markets attempted a comeback from big early losses on Wednesday, although most major markets were still in the red as investors worried about further aggressive monetary tightening following blowout U.S. labour data.

Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said.

China's yuan bounced and rose past the key threshold of 6.9 per dollar on Wednesday, as a persistently firmer-than-expected official guidance rate discouraged investors from aggressively pressuring the local currency lower.

Turkey's economy expanded 7.5% annually in the second quarter of the year, a Reuters poll showed on Wednesday, while the full-year growth forecast stood at 4%, pointing a drop in economic activity in the second half of the year reflecting weaker demand conditions.

Senior officials from the Group of 20 major (G20) economies met for climate talks on the resort island of Bali on Wednesday, with host Indonesia warning that failure to work together to cut emissions would push the planet toward "unchartered territory".

State-run Ethiopian Airlines posted a jump in net profit and total revenues in the financial year that ended on June 30, helped by higher international passenger haulage and falling operating costs, the head of Ethiopian Investment Holdings said.

Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Canada's Atlantic coast.

Plant scientist Felicity Hayes checks on her crops inside one of eight tiny domed greenhouses set against the Welsh hills. The potted pigeon pea and papaya planted in spring are leafy and green, soon to bear fruit.

The last Soviet president has died and is to be buried with a Russia he brought closer to Europe at loggerheads once more, and a wall of worry looming over markets and politics.

China's Guangzhou on Wednesday imposed COVID-19 curbs in parts of the city, joining Shenzhen in battling local flare-ups, deepening uncertainty over commerce and daily life in two of southern China's most economically vibrant metropolises.