Category Archives: Economy

GM, Ford outdo each other with electric vehicle investments

DETROIT (AP) — General Motors will raise spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology.

Thailand sets mid-October to reopen to vaccinated visitors

BANGKOK (AP) — Thailand plans to fully reopen to vaccinated foreign visitors by mid-October as the government seeks to restart the crucial coronavirus-devastated tourism industry, the prime minister announced Wednesday.

China releasing metals stockpiles in bid to cool inflation

BEIJING (AP) — The Chinese government said Wednesday that it will release copper, aluminum and zinc from stockpiles to increase market supplies in a fresh effort to restrain surging prices that officials warn might disrupt a business revival.

Germany buys Dubai asset data in fight against tax evasion

BERLIN (AP) — Germany's finance minister has ordered the purchase of data on Germans with assets in Dubai as part of efforts to combat tax evasion, following similar purchases by regional authorities of data from Switzerland in the past decade.

Let the recovery begin: EU chief OKs first virus plans

MADRID (AP) — The European Union moved a step closer Wednesday to deploying the bloc’s massive pandemic recovery fund, with a top executive going to Portugal and Spain to announce the bloc’s initial endorsement of their national spending plans.

France eases mask rules; will end nightly virus curfew

PARIS (AP) — France on Wednesday eased several COVID-19 restrictions, with authorities saying it's no longer always mandatory to wear masks outdoors and halting an 8-month nightly coronavirus curfew this weekend.

Experts: UK is losing race to adapt to climate change

LONDON (AP) — Britain is losing the race to adapt to the inevitable effects of climate change, including worsening heat and floods, a government-appointed panel of experts said Wednesday.

3 international travel ideas for your summer trip

So you’re ready to hit the skies for an international flight after more than a year of COVID-19 lockdowns, quarantines and restrictions, but where can you go? Some countries are reopening to Americans, but the degree of reopening varies.

Greece: Public workers strike over new labor law

ATHENS, Greece (AP) — A 24-hour strike in Greece disrupted transportation and other services as public sector workers walked off the job to protest a new labor law that lawmakers were due to vote on later Wednesday.

Edmunds: How to pick the right axle ratio for your truck

There are a number of design choices to consider when you’re shopping for a full-size pickup truck. Some are common elements such as bed length, cab size, engine and trim level. But there’s another less well-known purchase decision that’s also

Discuss on boreal.social