Latest Business News

Dubai bets billions that Expo 2020 won't be a desert mirage

Oct. 17, 2019 7:14 AM EDT

DUBAI, United Arab Emirates (AP) — It rises out of what were once rolling sand dunes stretching toward the horizon, a feverish construction site by tempo and temperature that has tens of thousands of workers building what looks like a new city in the desert of Dubai. This is the site of Expo 2020, a...

The Latest: Farage urges rejection of Brexit deal

Oct. 17, 2019 7:04 AM EDT

BRUSSELS (AP) — The Latest on Brexit (all times local): 1 p.m. Brexit Party leader Nigel Farage has urged the U.K. Parliament to reject the new tentative deal reached between the British government and the European Union. Farage said Thursday the deal is "just not Brexit" and would bind Britain to the EU...

Gibraltar holds election amid uncertainty of Brexit outcome

Oct. 17, 2019 7:01 AM EDT

GIBRALTAR (AP) — An election for Gibraltar's 17-seat parliament took place Thursday under a cloud of uncertainty about what Brexit will bring for the speck of British territory on Spain's southern tip. The Rock's about 34,000 residents didn't want to leave the European Union — in the 2016...

Swiss fine commodities firm Gunvor over bribes in Africa

Oct. 17, 2019 6:49 AM EDT

GENEVA (AP) — Swiss authorities have ordered commodities trading company Gunvor to pay nearly 94 million Swiss francs (dollars) in compensation and fines after being convicted of failing to prevent its representatives from bribing public officials to gain access to oil markets in Congo and Ivory Coast. The...

London commuters scuffle with climate activists

Oct. 17, 2019 6:42 AM EDT

LONDON (AP) — Angry commuters scuffled with climate activists who climbed onto the roofs of trains early Thursday, snarling services in the busy morning rush hours in the British capital. Londoners have largely tolerated a series of peaceful protests in recent days by the Extinction Rebellion group, but...

China appeals to Washington for quick end to trade war

Oct. 17, 2019 6:28 AM EDT

BEIJING (AP) — China appealed to Washington for a quick end to their trade war but gave no indication Thursday what additional steps Beijing might want before carrying out what President Donald Trump says is a promise to buy up to $50 billion of American farm goods. Trump agreed Friday to delay a tariff...

EU Brexit chief negotiator Michel Barnier: revised withdrawal agreement answers the 'uncertainty' created by Brexit

Oct. 17, 2019 6:12 AM EDT
BRUSSELS (AP) — EU Brexit chief negotiator Michel Barnier: revised withdrawal agreement answers the 'uncertainty' created by Brexit.

UK, EU reach outline Brexit deal; still needs ratification

Oct. 17, 2019 6:08 AM EDT

BRUSSELS (AP) — Britain and the European Union said Thursday that they have struck an outline Brexit deal after days of intense see-saw negotiations — though it must still be formally approved by the bloc and ratified by the European and U.K. Parliaments. Hours before a summit of all 28 EU national...

Survivors sue German manager over fatal Brazil dam collapse

Oct. 17, 2019 6:08 AM EDT

BERLIN (AP) — Five relatives of people killed in a devastating dam collapse in Brazil are suing a manager of Germany company TUeV Sued that was involved in inspecting the structure. German news site Spiegel Online reported Thursday that criminal complaints were submitted against a manager and a lawyer, as...

Northern Ireland's Democratic Unionist Party says it remains opposed to outline Brexit deal struck between UK and EU

Oct. 17, 2019 5:57 AM EDT
LONDON (AP) — Northern Ireland's Democratic Unionist Party says it remains opposed to outline Brexit deal struck between UK and EU.