Latest Currency markets News
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
BRUSSELS (AP) — European Union leaders on Thursday debated a new “European Competitiveness Deal” aimed at helping the 27-nation bloc close the economic production gap with Chinese and American rivals amid fears the region's industries will otherwise be left behind for good. In...
Boeing put under Senate scrutiny during back-to-back hearings on aircraft maker's safety culture
An engineer at Boeing said Wednesday that the aircraft company, in rushing to produce as many planes as possible, is taking manufacturing shortcuts that could lead to jetliners breaking apart. “They are putting out defective airplanes,” the engineer, Sam Salehpour, told members...
Inflation has slid again in Europe. Here's what that means for interest rates
FRANKFURT, Germany (AP) — The inflation that has squeezed European shoppers fell more than expected in March to 2.4%, as cost spikes in the grocery aisle eased and overall price rises headed down in the two biggest economies, Germany and France. The annual figure for the 20...
Youngkin vetoes Virginia bills mandating minimum wage increase, establishing marijuana retail sales
RICHMOND, Va. (AP) — Republican Virginia Gov. Glenn Youngkin vetoed two top Democratic legislative priorities on Thursday: bills that would have allowed the recreational retail sales of marijuana to begin next year and measures mandating a minimum wage increase. The development,...
Stock market today: Asian shares meander after S&P 500 sets another record
BANGKOK (AP) — Asian shares were mixed on Thursday after U.S. stocks broke out of a three-day lull to close at a record. Oil prices advanced, while U.S. futures edged lower. The dollar remained strong against the Japanese yen and Chinese yuan, a trend that has...
A rare Czech almond grove blooms early after an unusually warm winter
HUSTOPECE, Czech Republic (AP) — Masses of white and pink blossoms in a rare almond grove in the Czech Republic appeared earlier than usual after one of the warmest winters on record. The almond trees are usually among the first to bloom at the beginning of spring, on the turn of...
China's stock watchdog fines property developer Evergrande, slaps lifetime ban on its chairman
BANGKOK (AP) — Troubled property developer China Evergrande Group says Beijing’s stock watchdog has fined it 4.2 billion yuan ($333.4 million) for allegedly falsifying its revenue, among other violations, as it conducts a deep clean of the troubled financial sector. The company...
Evers signs bill authorizing new UW building, dorms that were part of deal with GOP
MADISON, Wis. (AP) — Democratic Gov. Tony Evers signed a bill Wednesday that authorizes spending hundreds of millions of dollars on Universities of Wisconsin construction and renovation projects. The governor signed the bill privately on Wednesday morning. The measure is part of a...
A brazen iPhone scam in Iran reflects its economic struggles and tensions with the West
TEHRAN, Iran (AP) — With flashy celebrity ads and promises of deep discounts, a shop in Iran's capital had offered consumers in the Islamic Republic one of the hottest products in the country — an iPhone that came out in 2021. But instead of getting their hands on the handsets,...
Stoneridge: Q4 Earnings Snapshot
NOVI, Mich. (AP) — NOVI, Mich. (AP) — Stoneridge Inc. (SRI) on Wednesday reported profit of $3 million in its fourth quarter. The Novi, Michigan-based company said it had profit of 11 cents per share. Earnings, adjusted for non-recurring costs, came to 12 cents per share. ...
