Business. Page 4

Court reinstates order for Russia to pay $50 bln over Yukos

THE HAGUE, Netherlands — In a major legal defeat for the Russian government, a Dutch appeals court on Tuesday reinstated an international arbitration ...
10:30 18 February 2022

EU adds 4 jurisdictions to its blacklist of tax havens

BRUSSELS — The European Union has added four countries and jurisdictions to its blacklist of tax havens.
10:06 18 February 2022

Shares take hit as virus outbreak slams profits, events

BANGKOK — Shares slipped in Europe and Asia on Tuesday as the impact from the virus outbreak that began in China deepened, with Apple saying it would ...
8:52 18 February 2022

Nissan shareholders furious at Ghosn scandal, dismal results

TOKYO — Nissan shareholders vented their outrage at the Japanese automaker's top management Tuesday for crashing stock prices, zero dividends and quar...
4:41 18 February 2022

Jeff Bezos commits $10 billion to fight climate change

NEW YORK — Amazon founder Jeff Bezos said Monday that he plans to spend $10 billion of his own fortune to help fight climate change.
19:46 17 February 2022

Former UAW President Owen Bieber dies aged 90

Owen Bieber, who led the United Auto Workers union from the auto industry's dark days of the early 1980s to the prosperity of the mid-1990s, has died....
19:11 17 February 2022

Tech-starved government seeks industry’s best, brightest

Denver — In this post-impeachment era of divisiveness and deadlock in the nation’s capital, Uncle Sam has a message for top U.S. technologists:
18:35 17 February 2022

US House speaker Pelosi warns allies against using Huawei

BRUSSELS — No NATO ally should succumb to the temptation of letting Chinese tech giant Huawei into their next-generation cellular networks, U.S. House...
17:34 17 February 2022

Macao casinos allowed to reopen after anti-virus closure

BEIJING — The Chinese territory of Macao will allow casinos to reopen Friday after a 15-day closure imposed to help block the spread of China's virus ...
12:02 17 February 2022

Asian markets mixed: Japan skids; China helped by rate cut

BANGKOK — Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annu...
4:30 17 February 2022

Japanese economy sinks amid fears about virus impact

TOKYO — The Japanese economy shrank at an annual pace of 6.3% last quarter as growth was battered by typhoons and crimped consumer spending.
2:47 17 February 2022

GM plans to pull out of Australia, New Zealand and Thailand

DETROIT — General Motors says it's pulling out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequat...
2:29 17 February 2022

Quicken Loans founder Gilbert back to work after stroke

DETROIT — Quicken Loans founder and Chairman Dan Gilbert is slowly returning to work eight months after suffering a stroke.
19:45 16 February 2022

Cost of China’s anti-virus fight rises with workers idle

BEIJING — Real estate agent Du Xuekun’s sales usually jump after the Lunar New Year holiday. But this year, Du has been at home for a month with no in...
2:28 16 February 2022

New virus cases fall; WHO says China bought the world time

BEIJING — China reported 143 virus deaths and a dip in new cases Saturday while the head of the World Health Organization praised the country's effort...
16:26 15 February 2022

Houston blast prompts safety debate in city with no zoning

HOUSTON — Houston’s lack of zoning restrictions has left many residents with neighbors they don't want: petrochemical facilities and businesses that h...
15:22 15 February 2022

Delta says it will invest $1 billion to cut carbon emissions

Delta Air Lines said Friday it will invest $1 billion over the next 10 years in measures designed to offset climate-warming carbon emissions from its ...
22:00 14 February 2022

Michael Avenatti is convicted of trying to extort Nike

NEW YORK — Michael Avenatti, the combative lawyer who gained fame by representing porn star Stormy Daniels in lawsuits involving President Donald Trum...
21:30 14 February 2022

US stocks post small gains, major indexes up for the week

Stocks are closing slightly higher on Wall Street Friday, as technology shares rise along with lower-risk sectors. The major stock indexes finished wi...
21:18 14 February 2022

Feds probing how personal Medicare info gets to marketers

WASHINGTON — A government watchdog is launching a nationwide probe into how marketers may be getting seniors’ personal Medicare information aided by a...
17:45 14 February 2022

US retail sales up a modest 0.3% in January

WASHINGTON — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardwa...
15:14 14 February 2022

With virus, shops in China suffer a star-crossed Valentines

BEIJING — In virus-stricken China, couples can celebrate Valentine's Day with a roast beef salad, hot chocolate, a rose and a note, all delivered to t...
13:42 14 February 2022

Zuckerberg accepts that Facebook may have to pay more tax

LONDON — Facebook CEO Mark Zuckerberg plans to throw his support behind international reforms that would require Silicon Valley tech giants to pay mor...
13:35 14 February 2022

RBS changes name to NatWest in bid to shed legacy of bailout

LONDON — The majority state-owned U.K. bank RBS announced a name change on Friday as it tries to leave behind its near-collapse during the 2008 financ...
10:57 14 February 2022

Global shares rise despite worries on China virus outbreak

TOKYO — Global shares mostly rose Friday despite continuing concerns about the virus outbreak that began in China and its possible impact on global gr...
8:38 14 February 2022

With Britain out, the unwieldy EU faces major budget battle

BRUSSELS — The Brexit drama shook the foundations of the European Union for years and laid bare the need for much-delayed political renovations at the...
7:27 14 February 2022

India keeps lid on Kashmir’s internet 6 months into lockdown

NEW DELHI — Six months after India's government stripped restive Kashmir of its semi-autonomy and enforced a total communications blackout, it is hera...
7:03 14 February 2022

Asian stocks rebound from early losses as virus toll grows

Shares rebounded in Asia on Friday after an early sell-off, though Japan's benchmark declined as investors reacted to news of a growing number of case...
5:31 14 February 2022

Trump’s story about veteran’s comeback was not quite true

NEW YORK — Tony Rankins, a formerly homeless, drug-addicted Army veteran, got a standing ovation at the State of the Union after President Donald Trum...
1:35 14 February 2022

New Mexico bid for recreational marijuana is all but doomed

SANTA FE, N.M. — New Mexico's bid to become the 12th U.S. state to legalize recreational use of marijuana abruptly fell flat after state senators in a...
22:37 13 February 2022