Month: September 2022

BEIJING (AP) — Geely Holding Group, one of China’s biggest independent automakers, has bought a 7.6% stake in British luxury brand Aston Martin Lagonda and says it looks forward to potential opportunities to collaborate. Geely declined to give financial details, but Aston Martin Lagonda announced it raised 654 million pounds ($730 million) from investors to

By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Swedish officials don’t yet know if an undersea power cable that runs between Sweden and Poland was damaged when the Nord Stream gas pipelines ruptured from what Western and Russian officials both claimed was intentional tampering. A spokesman for Sweden’s power transmission network operator says

By DAVID KLEPPER Associated Press Wade Herring didn’t know the teenage voter who approached him at a restaurant over the weekend. But she knew Herring, a Democrat running for Congress in Georgia, from his campaign videos on TikTok. To Herring, a 63-year-old Savannah attorney, it was proof of TikTok’s precision-guided ability to reach young voters

By JOE McDONALD AP Business Writer BEIJING (AP) — Global stocks were mixed Friday after inflation in 19 countries that use Europe’s euro currency spiked to a record and Chinese factory activity weakened. London and Frankfurt opened higher. Shanghai and Tokyo declined while Hong Kong advanced. Wall Street futures rebounded after the benchmark S&P 500

BERLIN (AP) — Germany’s health minister warned Friday that the country is seeing a steady rise in COVID-19 cases as it goes into the fall and urged older people to get a second booster shot tweaked to protect against new variants. Other European countries such as France, Denmark and the Netherlands are also recording an

BEIJING (AP) — China is dismissing complaints from two U.S. lawmakers over the quarantining of American diplomats and their family members under the country’s strict COVID-19 regulations. A Foreign Ministry spokesperson says China’s epidemic protocols apply to both Chinese and foreigners and are open and transparent. She called the statements by the U.S. lawmakers “really

By DAVID McHUGH Associated Press FRANKFURT, Germany (AP) — Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar, signaling a looming winter recession for one of the globe’s major economies as higher prices undermine consumers’ spending power. Consumer prices in the 19-country

BEIJING (AP) — Far fewer Chinese are expected to be traveling during the upcoming “Golden Week” National Day holiday, amid rigid anti-COVID-19 restrictions and calls from health officials for people to stay put. China’s transport ministry is estimating some 210 million trips will be made by road during the week-long holiday that begins Saturday, down

LONDON (AP) — Revised figures show the U.K. economy grew slightly in the second quarter of this year, indicating the country isn’t currently in a recession. The Office for National Statistics said Friday that gross domestic product increased by 0.2% in the three months through June, compared with the agency’s previous estimate that the economy

By SABINA NIKSIC Associated Press SARAJEVO, Bosnia-Herzegovina (AP) — Bosnia’s general election should be about fighting rampant corruption and the country’s ailing economy. But Sunday’s vote appears set to be an easy test for the long-entrenched nationalists who have ignored the needs of the people. Voters are choosing the three members of the shared, Bosnian

VANDENBERG SPACE FORCE BASE, Calif. (AP) — A year after its first rocket launch failed, a new aerospace company has been unsuccessful in its second attempt to place multiple satellites into orbit. The rocket’s payload included multiple small satellites designed for a variety of technology experiments and demonstrations as well as educational purposes. The first