Category Archives: Business
Instagram head faces senators amid anger over possible harms
WASHINGTON (AP) — The head of Instagram on Wednesday met with deep skepticism on Capitol Hill over new measures the social media platform is adopting to protect young users.
Austria to end lockdown on Sunday but not for unvaccinated
BERLIN (AP) — Austria's fourth national lockdown of the pandemic will end on Sunday but lockdown restrictions will remain for unvaccinated people, the country's new chancellor said Wednesday.
EU unveils trade sanction plan to counter foreign coercion
BRUSSELS (AP) — The European Union moved Wednesday to set up a system of quick-fire trade sanctions that it could impose on any foreign power, like China, that it accuses of trying to coerce the 27-country bloc for economic or
End of an era: Germany’s Merkel bows out after 16 years
BERLIN (AP) — Angela Merkel was assured of a place in the history books as soon as she became Germany's first female chancellor on Nov. 22, 2005.
Tense nuclear talks with Iran to resume Thursday in Vienna
BERLIN (AP) — The European diplomat chairing the seventh round of nuclear talks between Iran and world powers says negotiations in Vienna will resume Thursday. Enrique Mora
Bank of Canada keeps key interest rate target on hold at 0.25 per cent
OTTAWA — Canada's central bank has sent a warning that increases in the cost of living would continue into next year, but signalled it wasn't yet prepared to pull its key lever to rein in inflation. The annual pace of inflation
UK’s Johnson apologizes, orders probe of staff lockdown fest
LONDON (AP) — British Prime Minister Boris Johnson on Wednesday ordered an inquiry and said he was “furious” after a leaked video showed senior members of his staff joking about holding a lockdown-breaching Christmas party.
Scholz’s team: Key players in Germany’s new government
BERLIN (AP) — Olaf Scholz took over as Germany's new chancellor on Wednesday at the head of a three-party coalition government, ending the 16-year era of outgoing Chancellor Angela Merkel. Scholz will lead a 17-member Cabinet, with one more
Scholz replaces Merkel as German chancellor, opening new era
BERLIN (AP) — Center-left leader Olaf Scholz on Wednesday became Germany's ninth post-World War II chancellor, opening a new era for the European Union’s most populous nation and largest economy after Angela Merkel’s 16-year tenure.
Treasury proposes new disclosure rule to fight corruption
WASHINGTON (AP) — The U.S. Treasury Department, as part of its efforts to combat corruption and terrorism, proposed a new rule Tuesday that requires companies to identify who owns and controls them, rather than the names of the people who
