Category Archives: Economy

Microsoft: Russian hacks often accompany Ukraine attacks

BOSTON (AP) — Cyberattacks by state-backed Russian hackers have destroyed data across dozens of organizations in Ukraine and produced “a chaotic information environment,” Microsoft says in a report released Wednesday.

US House committee wants answers on Alaska gas leak

ANCHORAGE, Alaska (AP) — Members of a U.S. House committee are seeking answers about a natural gas release at a ConocoPhillips Alaska drill site on Alaska's North Slope.

Disney government in dark about effect of law dissolving it

LAKE BUENA VISTA, Fla. (AP) — At the first meeting of Walt Disney World's private government since Florida Gov. Ron DeSantis signed into law a measure to dissolve it next year, officials said Wednesday they were still confused about what

UK fraud investigators step up inquiry into Liberty Steel

LONDON (AP) — British fraud investigators have raided the U.K. offices of the GFG Alliance, owners of the country’s third-largest steelmaker, as part of an investigation into possible fraud and money laundering related to financing from a now-bankrupt ...

Ethics probe clears UK Treasury chief over wife’s tax status

LONDON (AP) — A British government ethics advisor on Wednesday cleared Treasury chief Rishi Sunak of wrongdoing over his wife’s tax affairs and his possession of a U.S. permanent resident’s card.

Greece accuses Turkey of air patrols over inhabited islands

ATHENS, Greece (AP) — Greece made a formal protest to Turkey on Wednesday involving accusations that the fellow-NATO member conducted unauthorized military flights over inhabited Greek islands.

War not affecting Ukrainian rocket supplier for Nova Scotia spaceport project: CEO

HALIFAX — The company planning to build Canada’s first spaceport in northeastern Nova Scotia says the war in Ukraine has not affected its plans to source rockets from the embattled European country. Daily planning work continues with the makers of the

China, Russia, five others make US property rights blacklist

WASHINGTON (AP) — The United States has put China, Russia and five other countries on its annual blacklist for lax enforcement of intellectual property rights that leaves American companies vulnerable to copyright and trademark piracy.

RBC report says inflation and rising rates will hurt low income Canadians most

TORONTO — A report by RBC Economics says inflation and rising borrowing costs will affect all Canadian households, but low income Canadians will feel the sharpest sting. Economists at Royal Bank say a return of the overnight rate to two per

EXPLAINER: What’s behind Russia’s natural gas cutoff?

Russia's Gazprom says it is halting natural gas supplies to Poland and Bulgaria, escalating tensions between the Kremlin and Europe over energy and Russia's invasion of Ukraine — and adding new urgency to plans to reduce and then end the

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