Category Archives: Business

Dutch move to hold 12 yachts ordered by wealthy Russians

THE HAGUE (AP) — The Dutch government said Wednesday it is making sure a dozen yachts ordered by super-wealthy Russians are not delivered to anyone as part of sanctions imposed over the war in Ukraine.

French prosecutors to probe McKinsey over alleged tax fraud

PARIS (AP) — French financial prosecutors have opened a preliminary investigation into suspected tax fraud by American management consulting firm McKinsey & Company. The national financial

Australia and India thank Quad for new free trade deal

CANBERRA, Australia (AP) — India and Australia’s trade ministers say a shared security partnership with the United States and Japan has helped them strike a trade deal that Australia hopes will reduce its dependence on exports to China.

Live Updates | Russia-Ukraine War

WASHINGTON — The U.S. Senate will take up legislation Thursday to end normal trade relations with Russia and to ban the importation of its oil. Both

Sri Lanka president won’t resign despite growing protests

COLOMBO, Sri Lanka (AP) — Sri Lanka's president will not step down and instead will face the country's political and economic crisis, a key government minister said Wednesday despite continuing large protests that are demanding his resignation.

White House: US, allies to ban new investments in Russia

WASHINGTON (AP) — The United States and Western allies plan to pile additional sanctions on Russia on Wednesday after the emergence of troubling new evidence of war crimes in Ukraine, according to the White House. The new penalties will include

Mariupol’s dead put at 5,000 as Ukraine braces in the east

ANDRIIVKA, Ukraine (AP) — The mayor of the besieged port city of Mariupol put the number of civilians killed there at more than 5,000 Wednesday, as Ukraine collected evidence of Russian atrocities on the ruined outskirts of Kyiv and braced

N.L. government lifting ban on wind development, commits to ending oil subsidies

ST. JOHN'S, N.L. — One of Canada's windiest provinces is ending a long-standing moratorium on the development of wind energy. Newfoundland and Labrador Energy Minister Andrew Parsons made the announcement today, saying the province's relentless winds a...

Jury begins deliberations at US trial sparked by 1MBD fraud

NEW YORK (AP) — A jury began deliberating Tuesday at a U.S. trial stemming from an audacious scheme involving former Goldman Sachs bankers to ransack a Malaysian state investment fund known as 1MBD.

Govt watchdog faults Postal Service analysis of new trucks

WASHINGTON (AP) — The U.S. Postal Service relied on false assumptions as it evaluated purchases of a new generation of delivery vehicles, a government watchdog said Tuesday.

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