Latest Business News

Plan to boost big Swiss firms' liability fails in referendum

Nov. 29, 2020 8:56 AM EST

GENEVA (AP) — A proposal to stiffen penalties against companies based in Switzerland if they violate human rights or harm the environment abroad failed in a Swiss referendum on Sunday. Voters were evenly divided on the initiative titled “Responsible companies — to protect people and the...

Social distancing signs are seen on the floor as parents pray during a special service to wish for their children's success in the upcoming college entrance exam on Thursday, Dec. 3, at the Jogye Temple in Seoul, South Korea, Sunday, Nov. 29, 2020. South Korea is shutting down indoor gyms offering intense workout classes and banning year-end parties at hotels in the greater Seoul area to fight the virus. Prime Minister Chung Sye-kyun said Sunday. The signs read:

The Latest: Pope urges finding good even from pandemic

Nov. 29, 2020 8:43 AM EST

VATICAN CITY — Pope Francis is encouraging people to try to take away something good “even from the difficult situation that the pandemic forces on us.” Addressing faithful gathered a safe distance apart in vast St. Peter’s Square on Sunday, Francis offered these suggestions:...

EU Chief Negotiator Michel Barnier, centre, with his team as he walks to a conference centre in Westminster in London, Sunday, Nov. 29, 2020. Teams from Britain and the European Union are continuing face-to-face talks on a post-Brexit trade deal in the little remaining time. (AP Photo/Kirsty Wigglesworth)

UK says Brexit trade talks with EU are in their 'last week'

Nov. 29, 2020 7:24 AM EST

LONDON (AP) — Britain’s foreign minister said Sunday there is only about a week left for the U.K. and the European Union to strike a post-Brexit trade deal, with fishing rights the major obstacle to an agreement. As talks continued between the two sides in London, Foreign Secretary Dominic Raab said...

Indian farmers hold a meeting at the Delhi-Haryana state border, India, Sunday, Nov. 29, 2020. Protesting farmers on Sunday rejected the Indian government's offer to hold immediate talks if they ended their blockade of key highways they've held as they seek the scrapping of legislation they say could devastate crop prices.(AP Photo/Manish Swarup)

Angry Indian farmers reject government offer for talks

Nov. 29, 2020 6:32 AM EST

NEW DELHI (AP) — Protesting farmers on Sunday rejected the Indian government's offer to hold immediate talks if they ended their blockade of key highways they've held as they seek the scrapping of legislation they say could devastate crop prices. The thousands of farmers will continue camping out on...

Social distancing signs are seen on the floor as parents pray during a special service to wish for their children's success in the upcoming college entrance exam on Thursday, Dec. 3, at the Jogye Temple in Seoul, South Korea, Sunday, Nov. 29, 2020. South Korea is shutting down indoor gyms offering intense workout classes and banning year-end parties at hotels in the greater Seoul area to fight the virus. Prime Minister Chung Sye-kyun said Sunday. The signs read:

Asia Today: Cambodia tracks contacts after family infected

Nov. 29, 2020 5:00 AM EST

PHNOM PENH, Cambodia (AP) — Cambodian officials say a family of six and another man tested positive for the coronavirus in a rare case of local infection, and Prime Minister Hun Sen expressed concern that the woman believed to be the source had traveled extensively in the country, including the capital. ...

This combination image shows a file photo dated Monday, Nov. 25, 2019 of the Roemerberg square in Frankfurt, Germany, with the traditional Christmas market, top, and the Roemerberg square on Friday, Nov. 27, 2020, below. Christmas markets, a cherished tradition in Germany and neighboring countries, have joined the long list of institutions canceled or diminished because of the coronavirus pandemic this year. (AP Photo/Michael Probst, file)

AP PHOTOS: Pandemic calls off Christmas markets in Europe

Nov. 29, 2020 2:49 AM EST

BERLIN (AP) — The European plazas where people would usually gather at crowded stalls to partake in hot mulled wine, gingerbread, sausages and other delicacies are just empty squares. Christmas markets, a cherished tradition in Germany and neighboring countries, have joined the long list of annual...

FILE - In this Saturday, March 21, 2020, file photo, a municipality worker wearing a face mask and protective suit disinfects the area outside the historical Sultan Ahmed Mosque, also known as Blue Mosque, amid the coronavirus outbreak, in Istanbul. When Turkey changed the way it reports daily COVID-19 infections, it confirmed what medical groups and opposition parties have long suspected — that the country is faced with an alarming surge of cases that is fast exhausting the Turkish health system. The official daily COVID-19 deaths have also steadily risen to record numbers in a reversal of fortune for the country that had been praised for managing to keep fatalities low. With the new data, the country jumped from being one of the least-affected countries in Europe to one of the worst-hit.(AP Photo/Emrah Gurel, File)

Turkey's new virus figures confirm experts' worst fears

Nov. 29, 2020 2:32 AM EST

ANKARA, Turkey (AP) — When Turkey changed the way it reports daily COVID-19 infections, it confirmed what medical groups and opposition parties have long suspected — that the country is faced with an alarming surge of cases that is fast exhausting the Turkish health system. In an about-face,...

FILE - In this Sept. 16, 2020, file photo, North Korean army soldiers wearing face masks look at the South side during South Korean Unification Minister Lee In-young's visit to Panmunjom in the Demilitarized Zone, South Korea. North Korea is further toughening its restriction on the entry to sea as part of elevated steps to fight the coronavirus pandemic, state media said Sunday, Nov. 29, two days after South Korea said the North even banned fishing at sea. (Park Tae-hyun/Korea Pool via AP, File)

North Korea toughens rules of entry to sea to fight virus

Nov. 29, 2020 12:15 AM EST

SEOUL, South Korea (AP) — North Korea is further toughening restrictions on entering seawaters as part of elevated steps to fight the coronavirus pandemic, state media said Sunday, two days after South Korea said the North had banned sea fishing. The Korean Central News Agency reported the country is...

FILE - In this Nov. 18, 2020, file photo, Arizona Gov. Doug Ducey puts his face mask on after addressing the media on COVID-19 during a news conference in Phoenix. Ducey has funneled nearly $400 million of federal coronavirus relief funds to state agencies to help pay for operations, allowing them to return some of their original budget allocations to the state treasury. (Michael Chow/The Arizona Republic via AP, File)

The Latest: Researchers urge Arizona shutdown, mask mandate

Nov. 28, 2020 5:11 PM EST

PHOENIX — University of Arizona researchers say the current surge in the coronavirus outbreak will present the state with a hospital crisis that could become a disaster unless the state takes steps such as ordering a three-week stay-home shutdown and implementing a statewide mask mandate. Members of the...

Shoppers pass an Indigo Friday 40% Off sign Saturday, Nov. 28, 2020, on Chicago's famed Magnificent Mile shopping district. (AP Photo/Charles Rex Arbogast)

Black Friday sees record online as US shoppers stay home

Nov. 28, 2020 4:27 PM EST

Black Friday online sales hit a new record this year as pandemic-wary Americans filled virtual carts instead of real ones. Consumers spent an estimated $9 billion on U.S. retail websites on Black Friday, according to Adobe Analytics, which tracks online shopping. That was a 22% increase over the previous record...