BANGKOK (AP) — Financial leaders of the Group of 20 richest and biggest economies agreed at meetings on the Indonesian resort island of Bali this week on the need to jointly tackle global ills such as inflation and food crises, but failed to bridge differences over the war in Ukraine. As G-20 host this year,…
SIGHISOARA, Romania (AP) — Moldova received about 600 million euros in pledges at a donors conference Friday, an official said, to help the tiny country overcome rising inflation and the impact of Russia’s war in Ukraine. More than 500,000 refugees have fled to Moldova, which borders Ukraine, since the Russian invasion on Feb. 24. The…
Wells Fargo, the nation’s largest mortgage lender, saw its second-quarter revenue and profit decline as rising interest rates pushed people out of the housing market. The San Francisco bank earned $3.1 billion in the period, or 74 cents per share, coming up short of the 80 cents per share forecast by analysts surveyed by data…
NEW YORK (AP) — Consumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices at the gas pump and in grocery aisles and allaying fears that the economy might be on the verge of a recession. U.S. retail sales rose 1% in June, from a revised decline of 0.1…
BERLIN (AP) — Dock workers at Germany’s North Sea ports went on strike Friday in the latest of several walkouts that have added pressures on shipping as their union demands a hefty pay rise to counter high inflation. The 48-hour strike, which is to end on Saturday morning, has largely paralyzed cargo handling at major…
SOFIA, Bulgaria (AP) — Bulgaria’s president launched talks on Friday with all political parties represented in parliament to see if there was still a chance to form a government and avoid another early election. President Rumen Radev is trying to prevent Bulgaria from sliding into new political turmoil after the two main parties stumbled over…
UnitedHealth Group hiked its 2022 forecast Friday after riding both growing health insurance enrollment and its newer care-providing businesses to a better-than-expected second quarter. The health care giant said a nearly 9% surge in Medicare Advantage customers pushed its total enrollment past 51 million people. UnitedHealth Group runs UnitedHealthcare, one of the nation’s largest insurers….
ROME (AP) — Italy entered into days of political and financial uncertainty Friday as Premier Mario Draghi weighed his options and political leaders considered theirs after coalition ally the 5-Star Movement sparked a crisis by withholding support on a government-sponsored bill. On the immediate horizon are behind-the-scenes consultations through mid-week to see if Draghi still…
BRUSSELS (AP) — The European Union’s executive intensified its legal standoff with Hungary on Friday by taking the country to the EU’s highest court over a restrictive law on LGBT issues and media freedom. The EU had already tried for a year to make Hungary change a law that bans content portraying or promoting homosexuality….
VINNYTSIA, Ukraine (AP) — Rescue teams with sniffer dogs combed through the debris Friday in a central Ukrainian city looking for people still missing after a Russian missile strike a day earlier killed at least 23 people and wounded over 100 others. Russian forces, meanwhile, pounded other sites in a relentless push to wrest territory…
