Category Archives: Business
US drops Trump order targeting TikTok, plans its own review
WASHINGTON (AP) — The White House dropped Trump-era executive orders intended to ban the popular apps TikTok and WeChat and will conduct its own review aimed at identifying national security risks with software applications tied to China, officials sai...
Work on Greek migrant camp yet to begin 9 months after fire
BRUSSELS (AP) — Almost 9 months after a fire gutted a refugee camp on the Greek island of Lesbos, work on a new reception center has still not begun despite pledges to have the facility built before next winter, Greece’s
El Salvador makes Bitcoin legal tender
SAN SALVADOR, El Salvador (AP) — El Salvador’s Legislative Assembly has approved legislation making the cryptocurrency Bitcoin legal tender in the country, the first nation to do so, just days after President Nayib Bukele made the proposal at a Bitcoin...
WTO to intensify talks on easing access to COVID-19 vaccines
GENEVA (AP) — World Trade Organization member nations agreed Wednesday to intensify talks geared at improving access to COVID-19 products, as developing nations push for a proposal to ease patents and other intellectual property protections for coronav...
Polish miners, power workers, protest shift away from coal
WARSAW, Poland (AP) — Some four thousand Polish coal mining and power workers protested in Warsaw Wednesday against the gradual phasing out of coal extraction and use and against a European Union court order to immediately close down a mine.
Former VW boss to pay firm $13 million over diesel scandal
FRANKFURT, Germany (AP) — Former Volkswagen CEO Martin Winterkorn has agreed to pay 11.2 million euros ($13.6 million) in compensation for what the company called his failure to quickly get to the bottom of the 2015 scandal over diesel engines
Billionaire philanthropist: vaccine hoarding hurts Africa
KAMPALA, Uganda (AP) — Billionaire philanthropist Mo Ibrahim is sharply criticizing the hoarding of COVID-19 vaccines by wealthy nations, urging the international community to “walk the talk" of equitable distribution as Africa desperately lags behind....
UK court rules government acted unlawfully in contract award
LONDON (AP) — Britain's High Court ruled Wednesday that the U.K. government acted unlawfully in awarding a contract to a company run by friends of the former top adviser to Prime Minister Boris Johnson.
EU launches proceedings over top German court’s ECB ruling
BERLIN (AP) — The European Union on Wednesday launched proceedings against Germany over a ruling by the top German court last year on a European Central Bank bond-buying program that broke with a verdict from the EU's own top court.
Fastly blames global internet outage on software bug
LONDON (AP) — Fastly, the company hit by a major outage that caused many of the world's top websites to go offline briefly this week, blamed the problem on a software bug that was triggered when a customer changed a
