Economy

French Finance Minister Bruno Le Maire, left, and European Trade Commissioner Phil Hogan attend a media conference after their meeting in Paris, Tuesday, Jan. 7, 2020. The talks are focused on U.S. tariffs on French wine and other goods. (AP Photo/Michel Euler)
January 22, 2020 - 1:05 pm
DAVOS, Switzerland (AP) — France will delay its tax on big tech firms like Google and Facebook in exchange for the United States's promise to hold off retaliatory tariffs — a potential sign of goodwill in the U.S. and European Union's increasingly tense relations over trade. After U.S. President...
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Passengers wearing masks walk by as a quarantine officer, center, monitors a thermography during a quarantine inspection at Kansai international airport in Osaka, western Japan, Wednesday, Jan. 22, 2020. Chinese health authorities urged people in the city of Wuhan to avoid crowds and public gatherings after warning on Wednesday that a new viral illness infecting hundreds of people in the country. Japan, South Korea, the United States and Taiwan have all reported one case each. All of the illnesses were of people from Wuhan or who recently had traveled there. (Kota Endo/Kyodo News via AP)
January 22, 2020 - 1:05 pm
BANGKOK (AP) — News that a new virus that has afflicted hundreds of people in central China can spread between humans has rattled financial markets and raised concern it might wallop the economy just as it might be regaining momentum. Health authorities across Asia have been stepping up...
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Currency traders work at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 22, 2020. Shares advanced in early Asian trading after a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets. (AP Photo/Ahn Young-joon)
January 22, 2020 - 10:56 am
BANGKOK (AP) — World share prices rebounded Wednesday as confidence rose in China's handling of an outbreak of a new virus that has infected 440 people, with nine confirmed deaths. Britain's FTSE 100 gained 0.2% to 7,622.61, while the CAC 40 in Paris was flat at 6,047.81. In Germany, the DAX picked...
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Katerina Sakellaropoulou, head of the Council of State waits at her office in Athens on Wednesday, Jan. 22, 2020. Greece's lawmakers elected their country's first female president Wednesday, with an overwhelming majority voting to give high court judge Katerina Sakellaropoulou the largely ceremonial post. (Orestis Panagiotou/Pool via AP)
January 22, 2020 - 8:46 am
ATHENS, Greece (AP) — Greece’s lawmakers elected their country’s first female president Wednesday, with an overwhelming majority voting in favor of high court judge Katerina Sakellaropoulou. Speaking after being formally informed of the parliament vote, Sakellaropoulou said she would aim for the “...
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Health Officials in hazmat suits wait at the gate to check body temperatures of passengers arriving from the city of Wuhan Wednesday, Jan. 22, 2020, at the airport in Beijing, China. Nearly two decades after the disastrously-handled SARS epidemic, China’s more-open response to a new virus signals its growing confidence and a greater awareness of the pitfalls of censorship, even while the government is as authoritarian as ever. (AP Photo Emily Wang)
January 22, 2020 - 7:40 am
BEIJING (AP) — As a viral outbreak spread from the central Chinese city of Wuhan this week, the ruling Communist Party's central political and legal affairs commission issued a stern warning: “Whoever deliberately delays and conceals reports will forever be nailed to history's pillar of shame.” The...
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In this Tuesday, Jan. 21 photo, a malnourished lion rests in a zoo in Khartoum, Sudan. With the staff at the destitute Al-Qurashi Park, as the zoo in Khartoum is known, unable to feed and look after the animals, many have died off or were evacuated, leaving only three skeletal lions. (AP Photo)
January 22, 2020 - 7:40 am
KHARTOUM, Sudan (AP) — At an impoverished, forlorn zoo in Sudan’s capital, several lions are starving in rusted cages — their ribs protruding, eyes glassy and skin flaccid, they are desperate for food and water. The unsettling images, shared on social media by a local animal rights advocate, drew...
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January 22, 2020 - 7:06 am
NICOSIA, Cyprus (AP) — Turkey may have stolen technical data that enabled it send a drill ship at a specific location south of Cyprus that energy companies Eni and Total had pre-selected to carry out their own exploratory drilling, a Cypriot officials said Wednesday. Government spokesman Kyriakos...
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U.S. President Donald Trump meets with Kurdistan Regional Government President Nechirvan Barzani at the World Economic Forum, Wednesday, Jan. 22, 2020, in Davos, Switzerland. The 50th annual meeting of the forum is taking place in Davos from Jan. 21 until Jan. 24, 2020. (AP Photo/Evan Vucci)
January 22, 2020 - 6:24 am
DAVOS, Switzerland (AP) — President Donald Trump said Wednesday that he will hold a news conference before he leaves Switzerland to return to Washington, where his impeachment trial is under way. He announced the unexpected availability during a meeting with Iraqi President Barham Salih. “We’ve had...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 22, 2020. Shares advanced in early Asian trading after a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets. (AP Photo/Ahn Young-joon)
January 21, 2020 - 11:07 pm
Shares mostly rose in early Asian trading on Wednesday after a slide in U.S. stocks overnight as a virus outbreak in China rattled global markets. Japan's Nikkei 225 index climbed 0.6% to 24,013.15 and the Kospi in South Korea surged 0.8% to 2,256.95. In Hong Kong, the Hang Seng jumped 0.8% to 28,...
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Lebanese Prime Minister Hassan Diab, speaks during a press conference after his government was announced, at the Presidential Palace in Baabda, east of Beirut, Lebanon, Tuesday, Jan. 21, 2020. A new Cabinet was announced in crisis-hit Lebanon late Tuesday, breaking a months-long impasse amid ongoing mass protests against the country's ruling elite. (AP Photo/Bilal Hussein)
January 21, 2020 - 9:50 pm
BEIRUT (AP) — A new Cabinet was announced in crisis-hit Lebanon late Tuesday, breaking a months-long impasse amid mass protests against the country's ruling elite and a crippling financial crisis, but demonstrations and violence continued. Hassan Diab, a 60-year-old former professor at the American...
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