Business

US, China putting trade war on hold after progress in talks

China US Trade

The world's two biggest economies are pulling back from the brink of a trade war after making...

Business

Russian billionaire Abramovich runs into UK visa issues

Britain Abramovich

MOSCOW (AP) — Many wondered why Russian billionaire Roman Abramovich wasn’t in the stands to see his Chelsea soccer club win England’s FA Cup this weekend, and an associate confirmed Monday that his British visa hasn’t been renewed. An associate of Abramovich, who spoke only on condition that he...


Business

AP Top Business News at 6:51 a.m. EDT

Economic talks between US-China result in truce in trade war China says it can’t guarantee no more trade tension with US Global markets higher as US, China put trade war on hold Fifth Third spends $4.7 billion for Chicago’s MB Financial Russian billionaire Abramovich runs into UK visa issues...


Business

Economic talks between US-China result in truce in trade war

US China Trade

WASHINGTON (AP) — The United States and China are pulling back from the brink of a trade war after the world’s two biggest economies reported progress in talks aimed at bringing down America’s massive trade deficit with Beijing. “We are putting the trade war on hold,” Treasury Secretary Steven...


Business

China says it can't guarantee no more trade tension with US

BEIJING (AP) — China’s government says it cannot guarantee renewed trade tension with Washington can be avoided after U.S. Treasury Secretary Steven Mnuchin said a spiraling dispute was “on hold.” A foreign ministry spokesman, Lu Kang, said Monday that Mnuchin’s comments showed both sides hope to...


World

Global markets higher as US, China put trade war on hold

South Korea Financial Markets

SEOUL, South Korea (AP) — Global stock markets were higher on Monday as investors cheered the outcome of negotiations between the United States and China that put a trade war on hold, clearing uncertainty. KEEPING SCORE: European markets opened higher. Britain’s FTSE 100 jumped 0.8 percent in early...


Business

Zuckerberg meeting with EU parliament leaders to be webcast

Facebook Privacy Scandal

BRUSSELS (AP) — Facebook CEO Mark Zuckerberg has agreed to have his meeting Tuesday with the leaders of the European parliament about data privacy be broadcast publicly through web streaming. The evening meeting with leaders of the political groups and a justice and civil rights expert was long...


Business

From airlines to pizza parlors, EU businesses adopt data law

Britain Europe Data Privacy Small Biz

LONDON (AP) — Lisa Meyer’s hair salon is a cozy place where her mother serves homemade macaroons, children climb on chairs and customers chat above the whirr of hairdryers. Most of the time Meyer is focused on hairstyles, color trends and keeping up with appointments. But now she’s worried about...


Business

Europe wary as Italy moves toward populist government

Italy Politics

ROME (AP) — Italy edged toward its first populist government Monday as the president convened the leaders of the anti-establishment 5-Star Movement and the right-wing League in what could be a final consultations, 11 weeks after elections left the country with a hung parliament. The prospect of a 5-...


Business

NASA shipper Orbital ATK launches space station supplies

US Space Station

CAPE CANAVERAL, Fla. (AP) — One of NASA’s prime shippers, Orbital ATK, launched a fresh load of supplies to the International Space Station from Virginia on Monday. The Antares rocket blasted off from Wallops Island before dawn, treating early risers along the East Coast to a cosmic light show, at...


Business

UK committee says dirty Russian money threatens security

LONDON (AP) — The British Parliament’s foreign affairs committee has slammed the government for “turning a blind eye” to the role London’s financial center plays in laundering the proceeds of Russian corruption, saying it helps the Kremlin finance its aggressive foreign policy. The committee says...


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