Category Archives: Economy

Spain, Portugal frustrated by shifting virus travel policies

LISBON, Portugal (AP) — Spain’s top diplomat pushed back Friday against French cautions over vacationing in the Iberian peninsula, as southern Europe’s holiday hotspots worry that repeated changes to rules on who can visit is putting people off travel....

More competition: Biden signs order targeting big business

WASHINGTON (AP) — President Joe Biden signed an executive order on Friday targeting what he labeled anticompetitive practices in tech, health care and other parts of the economy, declaring it would fortify an American ideal “that true capitalism depend...

Lockdowns in Asia as some nations see 1st major virus surges

BANGKOK (AP) — Several countries around Asia and the Pacific that are experiencing their first major surges of the coronavirus rushed to impose tough restrictions, a year and a half into a pandemic that many initially weathered well.

China criticizes US moves to expand financial sanctions

BEIJING (AP) — China’s government on Friday criticized new U.S. moves to reduce access to American financial markets and said it will protect Chinese companies but gave no indication of possible retaliation.

EXPLAINER: Deterring tax avoidance by global companies

Negotiators from 131 countries have agreed on a major overhaul of how the world’s biggest multinational companies are taxed. It's an effort to deter complex international avoidance schemes that have cost governments billions in revenue.

Michigan bureau: LGBTQ rights ballot drive short signatures

LANSING, Mich. (AP) — The Michigan elections bureau has determined that organizers of a ballot drive to prohibit discrimination against LGBTQ people failed to collect enough valid voter signatures.

Michigan bureau: LGBTQ rights ballot drive short signatures

LANSING, Mich. (AP) — The Michigan elections bureau has determined that organizers of a ballot drive to prohibit discrimination against LGBTQ people failed to collect enough valid voter signatures.

Stocks close higher, capping a 3rd straight week of gains

BANGKOK — Bond yields rebounded solidly and stock indexes notched new highs Friday as Wall Street closed out a choppy, holiday-shortened week of trading with the market's third straight weekly gain.

The Latest: S. Korea hits third-straight high in virus cases

SEOUL, South Korea – South Korea has set a new high in daily coronavirus cases for the third straight day as officials prepare to enforce the strongest social distancing restrictions in the greater capital area where transmission have surged following

G20 ministers take up plan to deter cross-border tax dodging

A sweeping effort to deter cross-border tax dodges by multinational companies that have cost governments billions tops the agenda as finance ministers from the world's major economies meet in Venice.

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