Category Archives: Business

EU imposes sanctions on Chelsea owner Roman Abramovich

BRUSSELS (AP) — The European Union imposed sanctions Tuesday on Chelsea soccer club owner Roman Abramovich as part of a new package of measures targeting Russia and President Vladimir Putin's close allies.

War yields softer sentence in illegal campaign donation case

NEW YORK (AP) — A Ukraine-born businessman was sentenced Tuesday to a year and a day in prison for his conviction in a conspiracy that enabled a Russian tycoon to make illegal donations to U.S. political candidates with help from

Biden signs budget bill with Ukraine aid but no virus cash

WASHINGTON (AP) — President Joe Biden on Tuesday signed a bill providing $13.6 billion in additional military and humanitarian aid to Ukraine as part of a $1.5 trillion government spending measure that omits COVID-19 aid the White House says is

Dutch to drop last remaining COVID-19 restrictions next week

AMSTERDAM (AP) — The Dutch government will drop its last remaining COVID-19 restrictions next week despite a recent rise in infections as the nation learns to live with the coronavirus, officials said Tuesday.

Borrell: EU to help Western Balkans’ war-affected economies

TIRANA, Albania (AP) — The European Union’s foreign policy chief on Tuesday said the bloc would support the Western Balkan countries to overcome the economic crisis caused by Russia's war on Ukraine.

Puerto Rico exits bankruptcy after grueling debt negotiation

SAN JUAN, Puerto Rico (AP) — Puerto Rico’s government formally exited bankruptcy Tuesday, completing the largest public debt restructuring in U.S. history after announcing nearly seven years ago that it was unable to pay its more than $70 billion debt....

EXPLAINER: How plausible is Chinese military aid for Russia?

BEIJING (AP) — The U.S. says Russia has asked China to provide military assistance for its war in Ukraine, and that China has responded affirmatively. Both Moscow and Beijing have denied the allegation, with a Chinese spokesperson dismissing it as

Biden urges private companies to help narrow gender pay gap

WASHINGTON (AP) — President Joe Biden marked Equal Pay Day on Tuesday by spotlighting new steps aimed at closing the gender pay gap for federal workers and contractors. And he urged private companies to do likewise.

Live updates: Ukraine says Russian warships fire missiles

LVIV, Ukraine — Russian warships around midnight fired missiles and artillery at the Ukrainian sea coast near Tuzla, to the south of Odesa, Interior Ministry adviser Anton Gerashchenko said.

Court rules Australian minister has no climate duty of care

CANBERRA, Australia (AP) — An appeals court on Tuesday overturned a groundbreaking ruling that Australia’s environment minister had a duty to protect younger people against climate change.

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