BRUSSELS (AP) — European Union leaders struggled to find immediate practical solutions at their summit Thursday called to grapple with the energy crisis fueled by the war in Ukraine and maintain a united front in the face of Russian President Vladimir Putin coercion. After lengthy talks in Brussels dragged well into the night, the 27…
LONDON (AP) — U.K. Prime Minister Liz Truss was hanging on to power by a thread on Thursday, after a senior minister quit her government with a barrage of criticism and a vote in the House of Commons descended into chaos and acrimony. A botched economic plan unveiled by the government last month triggered financial…
TOKYO (AP) — Asian shares were mostly lower Friday in muted trading, as investors kept an eye on inflation. Benchmarks fell in Tokyo, Seoul, Sydney and Hong Kong but rose in Shanghai and Mumbai. Japan’s core consumer prices rose 3.0% in September from a year earlier, according to government data released Friday. That was the…
KYIV, Ukraine (AP) — When a missile struck a power station less than a mile from his apartment on the outskirts of Kyiv, Oleksander Maystrenko didn’t panic, run to a bomb shelter or consider evacuating, even though he lives close to what suddenly has become the Russian military’s main target in the war: anything related…
TOKYO (AP) — Japan marked a trade deficit for the 14th month in a row, government data showed Thursday, with exports and imports ballooning to record highs, as the declining value of the yen added to the soaring costs of imported energy, food and other goods. Imports totaled 10.9 trillion yen ($72.7 billion) in September,…
WELLINGTON, New Zealand (AP) — Farmers across New Zealand took to the streets on their tractors Thursday to protest government plans to tax cow burps and other greenhouse gas emissions, although the rallies were smaller than many had expected. Lobby group Groundswell New Zealand helped organize more than 50 protests in towns and cities across…
DETROIT (AP) — Tesla reported Wednesday that its third-quarter profit more than doubled from a year ago, fueled by higher vehicle sales. The Austin, Texas, electric vehicle and solar panel maker posted net income of $3.29 billion from July through September. CEO Elon Musk said on the company’s quarterly conference call that the Tesla is…
OMAHA, Neb. (AP) — Warren Buffett’s company completed its largest acquisition in years Wednesday with its $11.6 billion purchase of the Alleghany insurance conglomerate. The purchase announced in March will further expand Berkshire’s sizeable insurance operations and add a few more companies to its stable, including a steel fabricator and toy company owned by Alleghany….
GREER, S.C. (AP) — BMW will invest $1 billion in its sprawling factory near Spartanburg, South Carolina, to start producing electric vehicles and an additional $700 million to build a electric-battery plant nearby. The German automaker’s announcement Wednesday reflects its commitment to transitioning to electric-vehicle production in North America, in line with similarly ambitious plans…
The Bill & Melinda Gates Foundation announced Wednesday that it is making grants of more than a $1 billion as part of a sweeping national plan to improve math education over the next four years. Its goal: to help students succeed in school and land well-paying jobs when they graduate, given research that shows the…
