Category Archives: Economy
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.
CAE profit soars in Q4 as revenues increase 25% excluding ventilators last year
MONTREAL — CAE Inc. says its net profit attributable to shareholders soared last quarter as revenues increased even excluding ventilators sold to the Canadian government last year for people suffering from COVID-19. The Montreal-based flight and health...
Supreme Court blocks Texas law on social media censorship
WASHINGTON (AP) — A divided Supreme Court has blocked a Texas law, championed by conservatives, that aimed to keep social media platforms like Facebook and Twitter from censoring users based on their viewpoints.
Language to keep NC hemp industry going approved by Senate
RALEIGH, N.C. (AP) — North Carolina's hemp industry would become permanently exempt from the state's controlled substances law in omnibus agricultural legislation approved unanimously by the Senate on Tuesday.
