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Business

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EU $1.3 billion seeks to wean country from oil economy

BRUSSELS, Belgium: A document released by the European Union this week revealed that the bloc and its development finance institutions ...

Poland tells banks to give savers higher interest or expect more taxes

WARSAW, Poland: As Poland's main interest rate remains at its highest level since 2008, boosting the profits of Polish banks, ...

Asian stocks in major slide, Nikkei 225 drops 316 points

SYDNEY, NSW, Australia - Stocks across Asia lost ground on Wednesday, although the New Zealand market defied the regional trend ...

EasyJet boss quits due to flight cancellations

LONDON, England: After EasyJet canceled thousands of flights this summer to limit the disruption caused to passengers from both air ...

Chip shortage causes GM to store 95,000 incomplete cars

DETROIT, Michigan, global shortage of computer chips, vehicles, Detroit automaker, General Motors, GM's total salesDETROIT, Michigan: The global shortage of ...

Greenback soars as oil plunges below $100 a barrel, U.S. stocks mixed

NEW YORK, New York - U.S. stocks gyrated on Tuesday, with major indices tumbling more than two percent before regaining ...

International

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Summer travel returns worldwide, even with air problems, surging Covid

PARIS, France: According to projections and interviews by the Associated Press in 11 countries, tourism officials have said they expect ...

Six hikers dead when falling glacier strikes in Italian Alps

TRENTO, Italy: Record warm temperatures caused a mountain glacier in the Italian Alps to collapse on July 3, killing at ...

Qatar World Cup to receive US security assistance

WASHINGTON D.C.: The Department of Homeland Security (DHS) will assist Qatar with security during the 2022 World Cup, which begins ...

Minimal disruptions as summer strikes continue at Paris airport

PARIS, France: Signaling further disruptions for summer travelers, workers at Roissy-Charles de Gaulle Airport said they would go on strike ...

Angry Russia vows retaliation after Bulgaria expels diplomats

SOFIA, Bulgaria: Russian diplomats and their families departed Bulgaria over the weekend, amidst heightened tensions between the two eastern European ...

No end in sight as South Africa suffers thru power cuts

JOHANNESBURG, South Africa: More frequent power cuts in South Africa have affected households and businesses across the country, with state-owned ...

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