Thu | Jan 18, 2018

Stories by AP

Published:Friday | January 5, 2018 | 12:09 AMAP

  New rules to protect investors, improve market transparency and honesty and prevent another financial crisis went into effect on Wednesday in Europe. The regulations are more than a million paragraphs long, took six years to write and...

Published:Thursday | December 28, 2017 | 12:56 AMAP

  South Korean prosecutors on Wednesday demanded a 12-year prison term for Samsung's jailed billionaire heir, Lee Jae-yong, who maintained his innocence during an appeal of his conviction on bribery and other charges. In August, a lower...

Published:Wednesday | December 20, 2017 | 11:10 PMAP
Published:Friday | December 8, 2017 | 8:33 PMAP

  Even by bitcoin standards, Thursday was a wild ride. With a few hours, the volatile digital currency surged above US$19,000, dropped back below US$16,000, and then see-sawed before settling in just above US$17,000 late Thursday in the United...

Published:Wednesday | December 6, 2017 | 11:09 PMAP
Published:Wednesday | November 29, 2017 | 11:06 PMAP
Published:Wednesday | October 25, 2017 | 12:00 AMAP

Published:Tuesday | August 29, 2017 | 12:46 AMAP

  Flood damage from Harvey is likely to reach into the tens of billions and the storm is expected to cause south Texas’ economy to shrink, at least in the near term. Harvey is swamping refineries along the Gulf Coast, leading to higher...

Published:Monday | August 28, 2017 | 2:16 PMAP

  Expedia CEO Dara Khosrowshahi has been named Uber's top executive, taking the difficult job of mending the dysfunctional ride-hailing giant and turning it from money-losing behemoth to a profitable company. Uber's fractured eight-...

Published:Monday | July 31, 2017 | 3:05 PMAP

  The Venezuelan government on Monday claimed a popular mandate to dramatically recast the country's political system even as condemnations of the process poured in from governments around the world and the opposition at home. The United...

Published:Wednesday | July 12, 2017 | 12:53 PMAP

  A federal judge has convicted former Brazilian president Luiz Inacio Lula da Silva of corruption and money laundering and sentenced him to nine and a half years in jail. Lula will remain free while an appeal is heard. The former president...

Published:Thursday | July 6, 2017 | 5:45 PMAP

  Microsoft is laying off thousands of employees in a shake-up aimed at selling more subscriptions to software applications that can be used on any internet-connected device. Most of the people losing their jobs work in sales and are located...

Published:Tuesday | June 20, 2017 | 4:35 PMAP

  The price of oil slumped to its lowest level of the year on Tuesday. Benchmark US crude lost 97 cents, or 2.2 per cent, to settle at US$43.23 per barrel, and Brent crude, the international standard, fell 89 cents to US$46.02 per barrel. The...

Published:Thursday | June 15, 2017 | 12:03 AMAP

  The United States Federal Reserve has raised its benchmark interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy. The Fed also announced plans to start gradually paring...

Published:Wednesday | June 14, 2017 | 11:07 PMAP
Published:Tuesday | June 13, 2017 | 11:36 AMAP

  The inflation rate in the United Kingdom has risen to its highest level in four years, as the drop in the pound since the Brexit vote pushes up the cost of living. The Office for National Statistics said Tuesday that consumer prices were up...

Published:Monday | June 5, 2017 | 2:01 PMAP

Spanish energy company Repsol and London-based BP say they have found a gasfield in the Caribbean containing an estimated two trillion cubic feet of natural gas — equivalent to two years of Spanish demand. Repsol says it is the largest volume...

Published:Wednesday | March 29, 2017 | 12:46 PMAP

  Britain filed for divorce from the European Union on Wednesday, with fond words and promises of friendship that could not disguise the historic nature of the schism — or the years of argument and hard-nosed bargaining ahead as the...

Published:Wednesday | March 29, 2017 | 11:27 AMAP

The United Kingdom filed for divorce from the European Union on Wednesday, overturning four decades of integration with its neighbours, demolishing the notion that EU expansion is inevitable and shaking the foundations of a bloc that is facing...

Published:Wednesday | March 15, 2017 | 1:43 PMAP

The United States Federal Reserve has raised its benchmark interest rate for the second time in three months and signalled that any further hikes this year will be gradual. The move reflects a consistently solid US economy and will likely mean...

Published:Wednesday | March 15, 2017 | 11:58 AMAP

The United States announced charges Wednesday against two Russian intelligence officers and two hackers, accusing them of a mega data breach at Yahoo that affected at least a half-billion user accounts. The hack targeted the email accounts of...

Published:Tuesday | March 7, 2017 | 12:52 AMAP

General Motors is selling its unprofitable European car business to the French maker of Peugeot, marking the American company's retreat from a major market and raising concerns of job cuts in the region. With the €2.2 billion (US$2.33...

Published:Tuesday | February 28, 2017 | 7:42 PMAP

Usually people don't notice the "cloud" — unless, that is, it turns into a massive storm. Which was the case Tuesday when Amazon's huge cloud-computing service suffered a major outage. Amazon Web Services, by far the world...

Published:Monday | February 27, 2017 | 2:07 PMAP

For 82 years, accounting and consulting firm PwC has enjoyed a reputational boon from handling the balloting process at the Academy Awards. Now it’s hard-won image as a dependable partner is under threat. The company has apologised for a...

Published:Wednesday | February 22, 2017 | 3:35 PMAP

The first multilateral trade agreement reached under the World Trade Organization since it was created over a generation ago has taken force, aiming to streamline cross-border trade to the benefit of the developing world in particular. WTO...

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