Economy

February 21, 2019 - 2:27 am
COPENHAGEN, Denmark (AP) — Shares in the world's biggest shipping company, Denmark's A.P. Moller-Maersk, plunged Thursday after it warned of the commercial damage it would suffer from a U.S. escalation in the trade war with China. The company reported a fourth quarter loss of $34 million, from a $...
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A Chinese man monitors stock prices at a brokerage in Beijing, China, Thursday, Feb. 21, 2019. Asian stock markets were little-changed Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariff battle. (AP Photo/Ng Han Guan)
February 21, 2019 - 1:44 am
BEIJING (AP) — Most global stock markets rose Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariff battle. In early trading, Germany's DAX index advanced 0.4 percent to 11,445.77 while London's FTSE 100 was off 0.2 percent at 7,210.51. France'...
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A Chinese man monitors stock prices at a brokerage in Beijing, China, Thursday, Feb. 21, 2019. Asian stock markets were little-changed Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariff battle. (AP Photo/Ng Han Guan)
February 20, 2019 - 8:22 pm
BEIJING (AP) — Asian stock markets were little-changed Thursday following a listless day on Wall Street ahead of U.S.-Chinese negotiations aimed at ending a tariff battle. Tokyo's Nikkei 225 index lost 0.1 percent to 21,402.69 after a gauge of manufacturing activity fell to a three-year low,...
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Brazil's President Jair Bolsonaro, center, arrives at the National Congress to deliver a proposal to overhaul Brazil's pension system, in Brasilia, Brazil, Wednesday, Feb. 20, 2019. Lawmakers received this week an anti-crime bill and a proposal to overhaul Brazil's pension system, the government's flagship reform. (AP Photo/Lucio Tavora)
February 20, 2019 - 1:49 pm
RIO DE JANEIRO (AP) — President Jair Bolsonaro on Wednesday proposed making Brazilians work longer before they can receive a pension, a signature campaign promise aimed at rescuing a troubled retirement system and giving a boost to Latin America's largest economy. Bolsonaro gave House Speaker...
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President Donald Trump shakes hands as he meets with Austrian Chancellor Sebastian Kurz in the Oval Office of the White House in Washington, Wednesday, Feb. 20, 2019. (AP Photo/Susan Walsh)
February 20, 2019 - 1:14 pm
WASHINGTON (AP) — President Donald Trump said Wednesday that tariffs on autos imported from Europe are something "we certainly think about" as the White House reviews a Commerce Department report on whether imported vehicles and parts pose a threat to U.S. national security. Trump made it clear...
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February 20, 2019 - 8:54 am
HARARE, Zimbabwe (AP) — Zimbabwe, without its own currency for a decade, took steps to address its worsening economic crisis by allowing its surrogate currency, bond notes, and electronic funds to float freely against other major currencies, abandoning an official but artificial parity with the...
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FILE- In this Aug. 7, 2018, file photo a CVS Pharmacy building sign rests on a Jackson, Miss., store. CVS Health topped fourth-quarter earnings forecasts, but the nation’s second-largest drugstore chain also debuted a 2019 outlook that fell far short of Wall Street expectations. The company said Wednesday, Feb. 20, 2019, that it expects adjusted earnings to range between $6.68 and $6.88 this year. FactSet says analysts expect earnings of $7.35 per share. (AP Photo/Rogelio V. Solis, File)
February 20, 2019 - 6:15 am
CVS Health beat fourth-quarter earnings forecasts, but a struggling long-term care business took another huge bite out of the company's performance and its initial 2019 forecast was weaker than expected. Shares tumbled nearly 9 percent before the opening bell Wednesday. CEO Larry Merlo said in a...
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File -- In this Tuesday, April 25, 2017 photo German Eurofighter Typhoon fighter jets participate in NATO's Baltic Air Policing Mission operate in Lithuanian airspace during an air force exercise. Britain's top diplomat is demanding that Germany relax its ban on arms sales to Saudi Arabia because they are affecting UK sales of weapons to the oil-rich kingdom. (AP Photo/Mindaugas Kulbis, file)
February 20, 2019 - 5:49 am
BERLIN (AP) — Britain's top diplomat has urged Germany to relax its ban on arms sales to Saudi Arabia because they are affecting U.K. sales of weapons to — and by extension its influence with — the oil-rich kingdom. The German weekly Der Spiegel reported Wednesday that British Foreign Minister...
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A woman walks past an electronic board showing Hong Kong share index outside a bank in Hong Kong, Wednesday, Feb. 20, 2019. Shares were mostly higher in Asia on Wednesday after a modestly high finish on Wall Street that extended the market’s gains into a fourth week.(AP Photo/Kin Cheung)
February 20, 2019 - 4:20 am
BANGKOK (AP) — Stocks were mostly higher in Europe and Asia on Wednesday after U.S. President Donald Trump suggested trade talks with China do not face a hard March 1 deadline for a deal. Negotiators from both sides resumed talks Tuesday in Washington following discussions in Beijing last week that...
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February 20, 2019 - 2:47 am
NICOSIA, Cyprus (AP) — A prominent American economist says there are "very few" individuals left who still doubt climate change because the evidence of its impact is clear. Columbia University Professor Jeffrey Sachs told the Associated Press Wednesday that public discourse has moved beyond whether...
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