Category Archives: Business
EU agrees on Russia sanctions so far, but energy divides
BRUSSELS (AP) — The European Union preserved a sense of rarely seen unity through four rounds of unprecedented sanctions against Russia over its invasion of Ukraine. But at a summit Thursday, the 27 leaders faced division on the biggest issue
EU regulator advises AstraZeneca’s COVID drug be cleared
LONDON (AP) — The European Union's drug regulator said Thursday it was recommending that an antibody medication developed by AstraZeneca be authorized to help some vulnerable people avoid getting sick with the coronavirus.
EXPLAINER: How the US and allies can freeze Russian gold
WASHINGTON (AP) — The U.S. and its allies said Thursday they're moving to block financial transactions with Russia's Central Bank that involve gold, aiming to further restrict the country's ability to use its international reserves because of Vladimir ...
Federal NDP says N.L. offshore oil project hard to justify; energy minister unfazed
ST. JOHN'S, N.L. — As Newfoundland and Labrador's oil sector faces more hesitancy from Ottawa, the province's energy minister says he's unfazed by the federal New Democrats' comments that a pending approval of a new oilfield off St. John's will
Nations ‘united’ in seeking to cut Russian oil, gas imports
PARIS (AP) — Dozens of nations, including the United States and much of Europe, say they are united in seeking to “radically” reduce imports of Russian oil and gas after its invasion of Ukraine, while ensuring those efforts don’t fuel
NYC lifts vaccine rule that blocked athletes from home games
NEW YORK (AP) — New York City's mayor exempted athletes and performers — including Brooklyn Nets star Kyrie Irving — from the city’s vaccine mandate Thursday, while keeping the rule in place for private and public workers who risk losing
St. Lawrence Seaway opens ready to fill commodity void from Ukraine war
The St. Lawrence Seaway officially opened Thursday for a 64th navigation season with the prospect of increased demand for Canadian grain and fertilizer stemming from the war in Ukraine. Sanctions against Russia and devastation across Ukraine could dram...
Pressured by patients, FDA reviews ALS drug with modest data
WASHINGTON (AP) — When patients are battling a terminal illness and want access to an experimental drug, how much evidence that it works should regulators require before approval?
French firms hesitate amid growing pressure to leave Russia
PARIS (AP) — French automaker Renault plans to pause production at its Moscow plant in an apparent move to fend off mounting criticism, breaking ranks with other major French companies that have defied pressure to keep operating in Russia after
NATO extends Stoltenberg term for a year due to Russia’s war
BRUSSELS (AP) — With the threat of wider conflict hanging over Europe, NATO opted for stability on Thursday by extending Secretary-General Jens Stoltenberg’s term in office for an extra year to help steer the 30-nation military alliance through the sec...
