Category Archives: Economy

Death rates soar in Southeast Asia as virus wave spreads

KUALA LUMPUR, Malaysia (AP) — Indonesia has converted nearly its entire oxygen production to medical use just to meet the demand from COVID-19 patients struggling to breathe. Overflowing hospitals in Malaysia had to resort to treating patients on the f...

EU chief rejects renegotiation of NI rules in Brexit pact

LONDON (AP) — The head of the European Union's executive arm flatly refused Thursday to renegotiate post-Brexit trade rules with the U.K. after Prime Minister Boris Johnson urged the bloc to work with his government to find “practical solutions” to

Black lawmaker hopes highway project can right an old wrong

NASHVILLE, Tenn. (AP) — Harold Love Jr. raised his voice over the blare of traffic from the interstate above as he stood near the spot where his family's home was razed to rubble a half-century ago. Love recounted the fight

The Latest: Australia state declares emergency over COVID-19

SYDNEY — An Australian state government on Friday declared an emergency due to a COVID-19 outbreak in Sydney. The New South

Haiti leader’s slaying exposes role of ex-Colombian soldiers

BUCARAMANGA, Colombia (AP) — As the coronavirus pandemic squeezed Colombia, the Romero family was in need of money to pay the mortgage. Mauricio Romero Medina's $790 a month pension as a retired soldier wasn't going far.

Mercedes sketches out all-electric scenario by decade’s end

FRANKFURT, Germany (AP) — Daimler AG's luxury car brand Mercedes-Benz says it is stepping up its transition to electric cars, doubling the share of sales planned by 2025 and sketching out a market scenario in which new car sales would

Co-conspirator of former Fall River mayor sentenced

BOSTON (AP) — An associate of the recently convicted former mayor of Fall River has been sentenced for his role in a scheme to extort money from marijuana vendors.

Biden admin stepping up community grants from COVID bill

WASHINGTON (AP) — President Joe Biden's administration is beginning to make $3 billion in economic development grants available to communities — a tenfold increase in the program paid for by this year's COVID-19 relief bill.

Sluggish start for stocks after climb in unemployment claims

BEIJING — Stocks are off to a sluggish start on Wall Street as investors look over a surprise increase in claims for unemployment benefits and mixed news on corporate earnings. The S&P 500 was wavering between small gains and losses

Unilever chief says company ‘fully committed’ to Israel

JERUSALEM (AP) — The chief executive of Unilever on Thursday said the global consumer goods giant remains “fully committed” to doing business in Israel, distancing himself from this week’s announcement by the company’s Ben & Jerry’s ice cream brand...

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