world-business
Poland wants China to open market further for exports
Warsaw, Jul 8 (AP/UNB) — Poland's foreign minister says the country would like China to open up its market further to goods from Poland.
6 years ago
British Airways faces $229 million fine over data breach
London, Jul 8 (AP/UNB) — British Airways is facing a 183 million-pound ($229 million) fine over a breach that compromised information on half a million customers — the biggest penalty to date under new, tougher regulations and one that is likely to be seen as a test case for companies that fail to secure big data caches.
6 years ago
Global stocks sink after US jobs data hurt rate cut hopes
Beijing, Jul 8 (AP/UNB) — Global stocks tumbled Monday after unexpectedly strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates.
6 years ago
German exports, industrial production up slightly in May
Berlin, Jul 8 (AP/UNB) — German exports and industrial production picked up slightly in May, staging a very modest recovery after the previous month's disappointing data.
6 years ago
Turkish lira weakens after central bank chief is fired
Ankara, Jul 8 (AP/UNB) — The Turkish lira has dropped by around 2% against the dollar after President Recep Tayyip Erdogan fired the central bank governor reportedly over disagreements on interest rate cuts.
6 years ago
SKorea's Moon calls for diplomatic solution to trade spat
Seoul, Jul 8 (AP/UNB) — South Korea's president said Monday the country is committed to finding a diplomatic solution to a bitter dispute over tightened Japanese control of exports of high-tech materials used by South Korean companies to produce semiconductors and displays.
6 years ago
Asian stocks sink after US jobs data hurt hopes of rate cut
Beijing, July 8 (AP/UNB) — Asian stocks tumbled Monday after unexpectedly strong U.S. employment data tempered hopes the Federal Reserve might cut interest rates.
6 years ago
Deutsche Bank to slash 18,000 jobs in sweeping restructuring
Germany, July 8 (AP/UNB) — Germany's struggling Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, downsizing its volatile investment banking division in a restructuring aimed at restoring consistent profitability and better returns to shareholders.
6 years ago
Financier Jeffrey Epstein arrested on sex charges
New York, Jul 7 (AP/UNB) — Wealthy financier and registered sex offender Jeffrey Epstein was arrested Saturday in New York on new sex-trafficking charges involving allegations that date to the early 2000s, according to law enforcement officials.
6 years ago
Nominee to lead FAA faces questions about tenure at Delta
The Federal Aviation Administration is looking into whether Delta Air Lines violated FAA rules about promoting safety at a time when President Donald Trump's pick to lead the agency was in charge of Delta's flight operations.
6 years ago