Tag Archives: business

BEIJING - Profit at state-owned companies that dominate China's banking, oil and most other industries rose by as much as 25% last year as the country recovered from the coronavirus pandemic, the gove...

ROME - Italian Premier Giuseppe Conte squeaked through a crucial Senate confidence vote Tuesday night, allowing him to keep his wobbly coalition afloat but failing to secure the reliable support neede...

MILAN - European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry. New car registrations sank by 23.7%, or 3 million...

BERLIN - Chancellor Angela Merkel said Tuesday that Germany is extending its pandemic restrictions, including the closure of schools and stores, until mid-February amid concerns that new mutations of ...

ANKARA, Turkey - Turkey on Tuesday slapped advertising bans on Twitter, Periscope and Pinterest over their non-compliance with a controversial new law that requires social media platforms to appoint l...

WASHINGTON - Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its $1.9 trillion pandemic re...

SAN SALVADOR, El Salvador - The money sent home to El Salvador by migrants plunged 40% at the start of the coronavirus pandemic, but then recovered to end 2020 at a record high of $5.92 billion, autho...

GENEVA - The World Health Organization chief on Monday lambasted drugmakers' profits and vaccine inequalities, saying it's "not right" that younger, healthier adults in wealthy countries get vaccinate...

Stock markets got off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020 after a sharp contraction early in the year. Shares fell in London and Tokyo on Monday but ad...

BEIJING - China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while ...