Latest Business News
Australia to shut state border as Melbourne infections surge
MELBOURNE, Australia (AP) — Australian authorities were preparing to close the border between the country's two largest states, as the country's second-largest city, Melbourne, recorded two deaths and its highest-ever daily increase in infections on Monday. The border between the states of New South Wales...
Africa starts opening airspace even as COVID-19 cases climb
JOHANNESBURG (AP) — As COVID-19 cases surged in many parts of the world, the island nation of the Seychelles was looking good: 70-plus straight days without a single infection. Then the planes arrived. Two chartered Air Seychelles flights carrying more than 200 passengers also brought the coronavirus. A...
Tokyo governor, Abe say they'll cooperate on virus, Olympics
TOKYO (AP) — Tokyo’s governor and her political rival, Japanese Prime Minister Shinzo Abe, agreed Monday to cooperate on handling the coronavirus outbreak to safely hold the Olympics next year. Gov. Yuriko Koike met with Abe a day after she won her second term representing the Japanese capital in...
The Latest: Britain's arts venues getting $2B in virus help
LONDON — The British government has announced a big pot of money to help the country’s renowned arts and cultural institutions recover from the coronavirus pandemic, after some theaters and music venues warned that without support they might never open again. The 1.57 million pound ($1.96 billion)...
Asia Today: Australian state's cases spike, borders to shut
MELBOURNE, Australia (AP) — The hard-hit Australian state of Victoria recorded two deaths and its highest-ever daily increase in coronavirus cases on Monday as authorities prepare to close its border with New South Wales. The death of the two men, one in his 60s and the other in his 90s, brings the...
German factory orders rise in May after 2 huge declines
BERLIN (AP) — German factory orders recovered some ground in May, rising 10.4% compared with the previous month after huge drops in March and April at the height of Europe's coronavirus crisis. The figure reported Monday by the Economy Ministry followed declines of 15% in March and 26.2% in April. The...
Asia stocks rise as investors look ahead to week's data
BEIJING (AP) — Asian stock markets rose Monday as investors looked ahead for data they hope will support optimism about a global economic recovery. Benchmarks in Shanghai, Tokyo, Hong Kong and Southeast Asia advanced. Markets followed Wall Street higher last week after unexpectedly strong U.S. jobs data...
Low-cost airline HK Express resuming flights in August
HONG KONG (AP) — Hong Kong low-cost airline HK Express, part of the Cathay Pacific Group, said Monday it will gradually resume flights on Aug. 2 as Asian governments ease coronavirus-related travel restrictions. HK Express suspended all flights in March as governments tightened border controls. The...
This Week: Job openings, consumer credit, Walgreens earns
A look at some of the key business events and economic indicators upcoming this week: SCARCE JOBS Employers have been putting up fewer help wanted signs as the pandemic has kept many businesses closed. The number of available U.S. jobs fell in April to 5.1 million, down from 6 million in March. It was the second...
Solar power continues growth in Minnesota
MANKATO, Minn. (AP) — Thomas Rekstein no longer minds looking at the electric bill for his Great River Insurance business on North Riverfront Drive. “My electric bill used to be $4,500 annually, now it’s down to $1,200 a year.” Rekstein, who had 38 solar panels installed on the roof...
LOADING MORE STORIES
