COPENHAGEN, Denmark – Sweden’s prosecutors have appealed the acquittal of a Russian employee with the local branch of Canadian plane and train maker Bombardier who was accused of aggravated bribery in one of Sweden’s biggest corruption cases to date. Continue Reading Below A Stockholm court ruled Oct. 11 “it could […]
FOX Business News
New law allows NY to restrict oil tanker Hudson anchorages
ALBANY, N.Y. – A new law allows New York state to create guidelines that will restrict where oil tankers can anchor on the Hudson River. Continue Reading Below Gov. Andrew Cuomo on Tuesday signed legislation that lets the state establish guidelines for “tanker avoidance zones.” The Democrat says the new […]
UK economy picks up slightly, making rate hike more likely
LONDON – Britain’s economy grew by slightly more than expected in the three months through September, official figures showed Wednesday, making it more likely that the Bank of England could raise interest rates next month for the first time in a decade. Continue Reading Below The Office for National Statistics […]
Egyptian president meets with French business leaders
PARIS – Egyptian President Abdel-Fattah el-Sissi met Wednesday with French finance minister Bruno Le Maire and a dozen business leaders on the third day of his official visit to France. Continue Reading Below Several French companies, including oil giant Total and underground metro operator RATP, were hoping to secure future […]
German business optimism hits new record high in October
BERLIN – A closely watched survey shows German business optimism hit a new record high in October, buoyed by a strong economy. Continue Reading Below The Munich-based Ifo institute said Wednesday its business climate indicator climbed to 116.7 points in October, from 115.3 points the previous month. Ifo President Clemens […]
Senate GOP votes to repeal consumer rule
WASHINGTON – In a further rollback of Obama-era regulations, the Republican-led Senate voted narrowly to repeal a banking rule that would have allowed consumers to join together to sue their bank or credit card company to resolve financial disputes. Continue Reading Below Vice President Mike Pence cast the final vote […]
AP FACT CHECK: Trump cites 70,000 jobs from Boeing order
DALLAS – It’s a big deal for a big company — Boeing’s nearly $14 billion contract to sell Singapore Airlines 39 planes. Continue Reading Below But is President Donald Trump right that 70,000 or so U.S. jobs will flow from the contract? Depends on how you look at it. Boeing […]
Asian shares inch higher, but Nikkei breaks winning streak
SEOUL, South Korea – Asian markets were mostly higher Wednesday but Japan’s benchmark Nikkei 225 broke a record winning streak with its first loss in 17 straight trading sessions. Investors are eyeing upcoming corporate earnings reports and U.S. politics for clues about the next Federal Reserve chair. Continue Reading Below […]
Toyota confirms scaling back of Mexico plant for truck needs
TOKYO – Toyota Motor Corp. is confirming a planned Mexico auto plant is being scaled back, but a top executive says the decision is because of market needs and not a political move. Continue Reading Below The investment for the Guanajuato plant, set to be running in 2019, will go […]
Coal-export terminal backer sues state over permit denial
SEATTLE – A company proposing to build a terminal in Washington state to export U.S. coal to Asia sued the state Tuesday, arguing regulators unfairly denied the project a key permit. Continue Reading Below Millennium Bulk Terminals-Longview’s lawsuit claims the state Department of Ecology violated federal and state laws when […]