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FILE - In this Jan. 22, 2020, file photo signs for a McDonald's restaurant hang on a building in the Chinatown section of New York. McDonald's reports financial results on Wednesday, Jan. 29. (AP Photo/Mark Lennihan, File)

McDonald's wraps up tumultuous year on a strong note

Jan. 29, 2020 7:20 AM EST

McDonald's ended 2019 on a high note despite internal turmoil at the company, which pushed out its CEO in November. The burger giant said its fourth quarter net income rose 11% to $1.6 billion, or $2.08 per share. Excluding one-time items like tax benefits, the company earned $1.97 per share. That beat Wall...

Brexit Party leader Nigel Farage speaks during a media conference at the European Parliament in Brussels, Wednesday, Jan. 29, 2020. The U.K. is due to leave the EU on Friday, Jan. 31, 2020, the first nation in the bloc to do so. It then enters an 11-month transition period in which Britain will continue to follow the bloc's rules while the two sides work out new deals on trade, security and other areas. (AP Photo/Virginia Mayo)

The end is nigh: European Parliament to approve Brexit

Jan. 29, 2020 7:15 AM EST

BRUSSELS (AP) — The European Parliament on Wednesday is set to overwhelmingly approve the departure of the United Kingdom from the European Union — the final major decision in the four-year Brexit saga. With only two days to spare, the legislators will vote to approve the withdrawal agreement that...

In this Tuesday, Jan. 28, 2020 photo, a fishing vessel is docked at Kilkeel harbor in Northern Ireland. The United Kingdom and the European Union are parting ways on Friday and one of the first issues to address is what will happen to the fishing grounds they shared. (AP Photo/David Keyton)

Post-Brexit talks gear up for fish fight between EU, UK

Jan. 29, 2020 7:08 AM EST

KILKEEL, Northern Ireland (AP) — When it comes to U.K.-European Union relations, there's nothing like slapping a fish around. After all, both sides have been contesting who rules their waves practicallysince the United Kingdom became a member in 1973. So it's not so surprising that once the U.K....

FILE - In this Monday, Sept. 9, 2019 file photo, a British Airways plane, at left, is towed past other planes sitting parked at Heathrow Airport in London. British Airways and Asian budget carriers Lion Air and Seoul Air are suspending all flights to China as fears spread about the outbreak of a new virus that has killed more than 130 people. British Airways said Wednesday, Jan. 29, 2020, it is immediately suspending all flights to and from mainland China after the U.K. government warned against unnecessary travel to the country. (AP Photo/Matt Dunham, File)

Airlines suspend China flights, cut services on virus fears

Jan. 29, 2020 6:54 AM EST

BANGKOK (AP) — British Airways and Asian budget carriers Lion Air and Seoul Air have joined a growing list of airlines that are suspending flights to China as fears spread about the outbreak of a new virus that has killed more than 130 people. Several other airlines including Finnair, Hong Kong-based...

Mobile network phone masts are visible in front of St Paul's Cathedral in the City of London, Tuesday, Jan. 28, 2020. The Chinese tech firm Huawei has been designated a

EU stops short of recommending ban on China's Huawei

Jan. 29, 2020 6:50 AM EST

LONDON (AP) — The European Union unveiled security guidelines for next generation high-speed wireless networks that stop short of banning Huawei, in the latest setback for the U.S. campaign against the Chinese tech company. The EU's executive Commission on Wednesday outlined a set of strategic and...

In this Sunday, Jan. 28, 2020 photo, Ibrahim Elbadawi, Sudan's interim minister of finance, speaks in an interview in Khartoum, Sudan. Sudan is moving forward with an ambitious economic plan that will slash subsidies and replace them with direct cash payments to the poor, Elbadawi said. (AP Photo)

Sudan to tackle fuel subsidies as economy hangs on the edge

Jan. 29, 2020 6:41 AM EST

KHARTOUM, Sudan (AP) — Sudan hopes to cut fuel subsidies over the course of 18 months, starting as early as March, and replace them with direct cash payments to the poor, the country’s finance minister said, laying out a timetable for sweeping economic reforms sought by international lenders. The...

This undated photo provided by Toyota shows the 2020 RAV4 Hybrid, a compact SUV with an EPA-estimated 40 mpg in mixed driving. (Toyota Motor Sales USA via AP)

Hybrids lose edge but Edmunds picks 5 still worth buying

Jan. 29, 2020 6:00 AM EST

Buying a hybrid in 2020 doesn't have the same cutting-edge feel that it used to back in the early 2000s. Today, all the hype surrounds the latest electric cars. But do a little research and you'll find that hybrid vehicles are better than ever and provide impressive fuel economy with little to no compromise. As...

FILE - In this Thursday, Oct, 17, 2019 file photo, Bulgarian Prime Minister Boyko Borissov arrives for a EPP meeting prior to an EU summit in Brussels.  Bulgaria’s ruling coalition on Wednesday, Jan. 29, 2020 survived a no-confidence vote called by the opposition, which accused the government of failing to protect the environment and guarantee water supplies. (AP Photo/Olivier Matthys, File)

Bulgaria ruling coalition survives no-confidence vote

Jan. 29, 2020 5:18 AM EST

SOFIA, Bulgaria (AP) — Bulgaria’s ruling coalition on Wednesday survived a no-confidence vote called by the opposition, which accused the government of failing to protect the environment and guarantee water supplies. The 240-member parliament rejected the motion in a 124-102 vote with nine...

FILE - In this Tuesday Dec. 10, 2019 file photo, Britain's Prime Minister Boris Johnson drives a JCB through a symbolic wall with the Conservative Party slogan 'Get Brexit Done' in the digger bucket, during an election campaign event at the JCB manufacturing facility in Uttoxeter, England. Johnson's Conservatives won an overwhelming majority in the election two days later and Britain is now scheduled to leave the European Union on Jan. 31, 2020. (Ben Stansall/Pool via AP)

Britain's EU Journey: When Johnson gambled to deliver Brexit

Jan. 29, 2020 5:17 AM EST

LONDON (AP) — Britain officially leaves the European Union on Friday after a debilitating political period that has bitterly divided the nation since the 2016 Brexit referendum. Difficult negotiations setting out the new relationship between Britain and its European neighbors will continue throughout...

Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 29, 2020. Shares are mostly higher in Asia after a rebound on Wall Street that reversed most losses from a sell-off the day before. (AP Photo/Ahn Young-joon)

World shares mostly higher after rebound on Wall Street

Jan. 29, 2020 4:58 AM EST

Shares advanced in most European and Asian markets on Wednesday after a rebound on Wall Street reversed most losses from a sell-off the day before. Hong Kong's Hang Seng dropped 2.8%, to 27,174.43 after its markets reopened from Lunar New Year holidays, while other Chinese markets remained closed. The U.S....