FARNBOROUGH, England (AP) — Airplanes are a minor contributor to global greenhouse-gas emissions, but their share is sure to grow as more people travel in coming years — and that has the aviation industry facing the prospect of tighter environmental regulations and higher costs. The industry has embraced a goal of reaching net-zero greenhouse-gas emissions…
BANGKOK (AP) — Asian shares advanced Wednesday after Wall Street rallied to its best day in more than three weeks as companies reported strong profits for the past quarter. Tokyo’s Nikkei 225 jumped 2.5% to 27,631.50 while the Hang Seng in Hong Kong gained 2% to 21,068.85. In Seoul, the Kospi added 1% to 2,395.19….
ROME (AP) — European leaders ramped up their push to secure alternative energy supplies Monday as fears escalate of a complete natural gas cutoff by Russia, with the leaders of Italy, France and the European Union sealing deals with their counterparts in Algeria, Azerbaijan and the United Arab Emirates. With his government’s fate in limbo…
SOFIA, Bulgaria (AP) — Bulgarian President Rumen Radev on Monday handed a mandate to the third-largest political party in parliament to form a government after two previous attempts have failed. Although the chances of the Socialist Party’s success are dim, its floor leader, Georgi Svilenski, said his party would invite the three other groups in…
General Electric on Monday revealed the names of the three companies that will operate on their own after the historic split of the one-time conglomerate, including a mashup of words that will make up the name of the new energy company. GE announced in November that it planned to split into three companies focused on…
SEOUL, South Korea (AP) — Treasury Secretary Janet Yellen said Tuesday the U.S. and South Korea should deepen their trade ties to avoid letting other countries use their market positions to unfair advantage — calling out China by name. “We cannot allow countries like China to use their market position in key raw materials, technologies,…
NEW YORK (AP) — Investment banking giant Goldman Sachs saw its second-quarter profits fall nearly half from a year ago, as turmoil in the financial markets and warnings of a possible recession caused the bank’s deal-making business to slow down considerably. The New York-based bank said Monday that it earned a profit of $2.77 billion,…
BERLIN (AP) — The German government said Monday that a turbine at the center of uncertainty about future gas deliveries through a major pipeline from Russia to Europe was only supposed to be installed in September, underlining its insistence that there should be no technical obstacle to the gas flow. Meanwhile, Germany’s biggest importer of…
Delta is ordering 100 737 Max 10 airplanes, the largest of the line produced by Boeing, potentially giving the manufacturer additional momentum after a troubled rollout of its most advanced aircraft. Delta has an option to purchase 30 more of the aircraft as the airline looks to keep up with surging travel demand. Boeing has…
KYIV, Ukraine (AP) — As Russia kept up its relentless shelling across the country, Ukrainian President Volodymyr Zelenskyy expanded the shakeup of his security services on Monday by suspending 28 more officials, a day after he dismissed two senior officials over allegations that their agencies harbored “collaborators and traitors.” In his nightly video address, Zelenskyy…
