Category Archives: Business

US and Germany agree to supply advanced weapons to Ukraine

KYIV, Ukraine (AP) — The U.S. and Germany pledged Wednesday to equip Ukraine with some of the advanced weapons it has long desired for shooting down aircraft and knocking out artillery, as Russian forces closed in on capturing a key

EU approves Poland recovery fund, paving way to pay billions

BRUSSELS (AP) — The European Union’s executive branch on Wednesday approved Poland’s pandemic recovery fund, paving the way for the release of billions of euros in grants and loans, even as lawmakers expressed deep unease about democratic backsliding i...

Wray: FBI blocked planned cyberattack on children’s hospital

WASHINGTON (AP) — The FBI thwarted a planned cyberattack on a children's hospital in Boston that was to have been carried out by hackers sponsored by the Iranian government, FBI Director Christopher Wray said Wednesday.

EXPLAINER: Effects of EU Russia oil ban, Moscow’s response

THE HAGUE, Netherlands (AP) — The European Union has agreed to slash Russian oil imports in a tough escalation of the bloc's campaign of sanctions to punish Moscow for its invasion of Ukraine. It's a landmark decision that will hit

Madrid taxi drivers protest proposed ride-hailing rules

MADRID (AP) — Hundreds of taxi drivers protested Wednesday in the streets of Madrid against what they claim is unfair competition from ride-hailing services. The drivers participated

Russia cuts off natural gas supply to Denmark, company says

COPENHAGEN, Denmark (AP) — Denmark’s largest energy company said Russia cut off its gas supply Wednesday because it refused to pay in rubles, the latest escalation over European energy amid the war in Ukraine.

Germans snap up inflation-busting public transit tickets

BERLIN (AP) — Travelers in Germany will be able to crisscross the country for under $10 a month this summer as part of a government program intended to help combat rampant inflation, high fuel prices and climate change.

New Australian government includes record 13 women ministers

CANBERRA, Australia (AP) — Australia’s new government sworn in Wednesday includes a record 13 women, including the first female Muslim to serve in the role and the second Indigenous person named Indigenous Affairs minister.

China’s Russia dealings irk US, but don’t breach sanctions

BEIJING (AP) — China’s support for Russia through oil and gas purchases is irking Washington and raising the risk of U.S. retaliation, foreign observers say, though they see no sign Beijing is helping Moscow evade sanctions over its war on

Federal regulators say they will keep closer eye on Boeing

WASHINGTON (AP) — Boeing employees will still be allowed to perform some safety analysis on the company’s aircraft, but for three more years instead of the five-year extension the company requested, federal regulators have determined.