Category Archives: Economy

Europeans weigh costs of cutting Russian energy over Ukraine

MILAN (AP) — Across Europe, rising energy prices are testing the resolve of ordinary consumers and business owners who are caught between the continent’s dependence on cheap Russian energy and its revulsion over President Vladimir Putin's invasion of U...

Shell reports record 1st-quarter earnings as oil prices soar

LONDON (AP) — Energy giant Shell reported record first-quarter earnings after a surge in oil prices, fueling calls for the British government to impose a tax on energy companies’ windfall earnings to help consumers struggling with the soaring cost of

$6.5 billion raised at donors’ conference for Ukraine

WARSAW, Poland (AP) — War-ravaged Ukraine received pledges for $6.5 billion more in humanitarian aid Thursday at an international donor's conference in Warsaw that sought to get Ukrainians urgent help while still planning for the country's post-war rec...

The AP Interview: Belarus admits Russia’s war ‘drags on’

MINSK, Belarus (AP) — Belarus’ authoritarian President Alexander Lukashenko defended Russia’s invasion of Ukraine in an interview Thursday with The Associated Press, but he said he didn’t expect the 10-week-old conflict to “drag on this way.”

Financial intelligence agency highlights criminal risks of underground banking

OTTAWA — Canada's financial intelligence agency is warning that unregistered money-transfer services are ripe for abuse by criminals trying to launder cash and fund terrorist activities. In a new advisory on the risks of underground banking, the Financ...

Live updates | Pentagon: most Russian forces left Mariupol

WASHINGTON — The Pentagon says the majority of Russian forces that had been around the port city of Mariupol have left and headed north, leaving roughly the equivalent of two battalion tactical groups there, or about 2,000 troops.

Telecom groups end fight against California net neutrality

SACRAMENTO, Calif. (AP) — Telecommunications industry groups on Wednesday ended their bid to block California's net neutrality law that prevents broadband providers from throttling service. In a

‘Seemed like goodbye’: Mariupol defenders make their stand

LVIV, Ukraine (AP) — Ukrainian fighters in the tunnels underneath Mariupol’s pulverized steel plant held out against Russian troops Thursday in an increasingly desperate and perhaps doomed effort to deny Moscow what would be its biggest success of the ...

YouTube says bill could cover user-generated content, despite minister’s assurances

OTTAWA — YouTube says user-generated content, such as cooking videos made in people's kitchens, could be regulated by an online streaming law, despite assurances from the heritage minister that this will not happen. Speaking publicly for the first time...

California moves to embrace cryptocurrency and regulate it

SACRAMENTO, Calif. (AP) — California, which has a economy larger than all but four countries and where much of the world's technological innovation is born, on Wednesday became the first state to formally begin examining how to broadly adapt to

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