Category Archives: Economy

EXPLAINER: Risks underlie tumbling Chinese company shares

BEIJING (AP) — Foreign shareholders in China’s tech companies are learning what its entrepreneurs have long known: The ruling Communist Party’s decisions about what is good for the economy can hurt your business.

German court dismisses bankers’ appeal in tax evasion case

BERLIN (AP) — Germany’s top court on Wednesday dismissed an appeal by two British bankers over their conviction in a massive tax evasion case, confirming that the so-called cum-ex transactions they used were illegal.

Chinese farmer who praised lawyers sentenced to 18 years

BEIJING (AP) — A prominent Chinese pig farmer who was detained after praising lawyers during a crackdown on legal activists by President Xi Jinping’s government was sentenced Thursday to 18 years in prison on charges of organizing an attack on

Iran’s supreme leader criticizes US as nuclear talks stalled

TEHRAN, Iran (AP) — Iran's supreme leader on Wednesday called the U.S. "stubborn" in stalled nuclear talks in Vienna for discussing Tehran’s missiles and regional influence, likely signaling more trouble ahead for the negotiations.

Turkey arrests man behind app linked to 2016 failed coup

ANKARA, Turkey (AP) — A Turkish-born American believed to be behind a secret messaging application that has been linked to Turkey’s failed 2016 military coup arrived in Istanbul last month where he turned himself in to authorities, the state-run news

Annual rate of inflation hits 3.1% in June, down slightly from May high

OTTAWA — The country's headline inflation barometer registered a year-over-year increase of 3.1 per cent last month as the pace of price growth slowed in June compared with the decade-high pace one month prior. June's reading for the consumer price ind...

Russian police raid home of investigative journalist

MOSCOW (AP) — Police in Russia raided the home of the chief editor of an investigative news site that was recently designated as a “foreign agent,” the latest move by authorities to raise the pressure on independent media before the

The Latest: Filipino leader says unvaccinated may be shut in

MANILA, Philippines — Philippine President Rodrigo Duterte is warning that Filipinos who refuse to get vaccinated against the coronavirus will not be allowed to leave their homes as a safeguard against the more contagious delta variant.

Turn off, turn on: Simple step can thwart top phone hackers

RICHMOND, Va. (AP) — As a member of the secretive Senate Intelligence Committee, Sen. Angus King has reason to worry about hackers. At a briefing by security staff this year, he said he got some advice on how to help

Infrastructure talks leave Biden’s entire agenda at risk

WASHINGTON (AP) — President Joe Biden's latest leap into the Senate's up-and-down efforts to clinch a bipartisan $1 trillion infrastructure deal comes with even more at stake than his coveted plans for boosting road, rail and other public works project...

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