World-Business
Chinese billionaire indicted in US aluminum import scheme
Los Angeles, Aug 1 (AP/UNB) — A Chinese billionaire has been charged in Los Angeles in a complex scheme to avoid $1.8 billion in aluminum tariffs, federal prosecutors announced Wednesday.
6 years ago
Boris Johnson visits Belfast as Brexit woes hurt UK economy
London, Aug 1 (AP/UNB) — New British Prime Minister Boris Johnson on Wednesday finished his rocky debut tour of the U.K. in Northern Ireland, where he faces a doubly difficult challenge of restoring the collapsed Belfast government and finding a solution for the Irish border after Brexit.
6 years ago
Utah's medical pot distribution, growing plans face scrutiny
Salt Lake City, Aug 1 (AP/UNB) — Utah officials preparing to launch the state's medical marijuana program next year face mounting pressure from county attorneys to scrap plans for a state-run dispensary system and lingering scrutiny from companies rejected for growers' licenses.
6 years ago
Stocks sink as Powell dents hopes for multiple rate cuts
Dhaka, Aug 1 (AP/UNB) -Stocks fell and bond yields rose on Wall Street Wednesday after the Federal Reserve lowered its key interest rate for the first time in a decade but left investors feeling uncertain about the likelihood of further cuts.
6 years ago
Prosecutors charge former Audi boss in emissions scandal
Frankfurt, Jul 31 (AP/UNB) — German prosecutors have charged the former head of Audi, Volkswagen's luxury division, with fraud in connection with the sale of cars with software that enabled cheating on emissions tests, adding another chapter to VW's diesel scandal that has seen its former CEO charged in the U.S. and two executives go to prison there.
6 years ago
US, China resume trade talks with scant hopes for progress
Shanghai, Jul 31(AP/UNB) — U.S. and Chinese envoys met Wednesday for talks aimed at ending a tariff war after President Donald Trump accused Beijing of trying to stall negotiations in hopes he will not win re-election in 2020.
6 years ago
China factory activity falls in July for 3rd straight month
Beijing, Jul 31 (AP/UNB) — China's factory activity contracted in July for a third month amid a tariff war with Washington and weak domestic demand.
6 years ago
Brazil may become leading oil producer: National Petroleum Agency
Rio De Janeiro, July 31 (Xinhua/UNB) -- Brazil is on its way to become one of the world's leading oil producers, said Felipe Kury, the director of the National Petroleum Agency (ANP) on Tuesday.
6 years ago
US stocks end slightly lower amid mixed company earnings
Dhaka, Jul 31 (AP/UNB)- A mixed batch of corporate earnings helped drag the major U.S. stock indexes slightly lower Tuesday, pulling the market farther from its recent record highs for the second straight day.
6 years ago
Cambodia fines waste importer, sets deadline for its return
Phnom Penh, Jul 30 (AP/UNB) — A top customs official in Cambodia said Tuesday that a local company that illegally imported almost seven dozen shipping containers of plastic waste from the United States and Canada has been ordered to pay a fine of nearly $260,000, and will face criminal charges if the waste is not sent back to its countries of origin before Aug. 24.
6 years ago