AP National Business

KATHMANDU, Nepal (AP) — Nepal’s Parliament has approved a contentious half-billion-dollar aid grant from the United States despite protests both inside the legislature and on the streets. The government was able to convince enough lawmakers to approve the proposal following a brief debate. The Parliament speaker on Sunday announced there was support of a majority

By JOSH BOAK Associated Press There’s a glaring carve-out in President Joe Biden’s sanctions against Russia, and that’s oil and natural gas, which will continue to flow freely to the rest of the world. That means that money will also keep flowing into Russia. Biden is defending the decision by saying he needs stable oil

BEIJING (AP) — A rescue operation is underway to rescue 14 workers trapped in a coal mine in southwestern China. The roof of a mine shaft in Guizhou province collapsed on Friday morning. State broadcaster CCTV says more than 500 rescuers and over 80 emergency vehicles have been dispatched to the site. The rescue operation

By JAMEY KEATEN Associated Press GENEVA (AP) — Russia’s invasion of Ukraine has put Switzerland’s much-vaunted neutrality to the test — and along with it, the country’s traditional role as international intermediary and reputation as a safe haven for the assets of Russia’s richest and most powerful. The Swiss executive branch stopped short of announcing

By ZEKE MILLER, RAF CASERT, ELLEN KNICKMEYER and KEN SWEET Associated Press WASHINGTON (AP) — The United States and its European allies have agreed to levy the most potentially crippling sanctions yet on Russia over its invasion of Ukraine. The new measures announced Saturday include restrictions on Russia’s central bank, and cutting some banks off

By ELLEN KNICKMEYER, FATIMA HUSSEIN and KEN SWEET Associated Press WASHINGTON (AP) — The United States has joined European allies in dramatically escalating financial penalties against Russia over its invasion of Ukraine. Saturday’s move comes after the West’s initial rounds of sanctions failed to stop Russian President Vladimir Putin in his military offensive. Two of

By ZEKE MILLER and RAF CASERT Associated Press WASHINGTON (AP) — The U.S., European Union, and United Kingdom have agreed to block “selected” Russian banks from the SWIFT global financial messaging system. In a joint announcement Saturday, the nations also agreed to impose ”restrictive measures” on its central bank in retaliation for its invasion of

By ZEKE MILLER Associated Press WASHINGTON (AP) — The U.S., European Union, and United Kingdom have agreed to block “selected” Russian banks from the SWIFT global financial messaging system. In a joint announcement Saturday, the nations also agreed to impose ”restrictive measures” on its central bank in retaliation for its invasion of Ukraine. The measures

By PAUL WISEMAN AP Business Writer The United States and Europe are slapping official sanctions on Russian banks and tech companies.  But bars and liquor stores across America and Canada have found another way to punish Russia for invading Ukraine: They’re pulling Russian vodka off their shelves and promoting Ukrainian brands instead. “I woke up

ATLANTA (AP) — Delta Air Lines has suspended its partnership with Russian national airline Aeroflot following Russia’s invasion of Ukraine. Atlanta-based Delta on Friday said the decision was effective immediately. The partnership allowed Delta and Aeroflot customers to book flights on the other airline to complete travel itineraries. Delta says it doesn’t operate flights to

ATLANTA (AP) — Delta Air Lines has suspended its partnership with Russian national airline Aeroflot following Russia’s invasion of Ukraine. Atlanta-based Delta on Friday said the decision was effective immediately. The partnership allowed Delta and Aeroflot customers to book flights on the other airline to complete travel itineraries. Delta noted in its three-paragraph announcement that

By ROB HARRIS AP Global Soccer Writer LONDON (AP) — Chelsea owner Roman Abramovich has suddenly handed over the “stewardship and care” of the Premier League club to its charitable foundation trustees. The move came after a member of the British parliament called for the Russian billionaire to hand over the club in the wake

By ROB HARRIS AP Global Soccer Writer LONDON (AP) — Chelsea owner Roman Abramovich suddenly handed over the “stewardship and care” of the Premier League club to its charitable foundation trustees. The move came after a member of the British parliament called for the Russian billionaire to hand over the club in the wake of

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Billionaire Warren Buffett says his company has benefited from some “extraordinary luck” in finding acquisitions, but he hasn’t had much of that in recent years as Berkshire Hathaway’s cash pile has grown to nearly $147 billion. Buffett sought to reassure shareholders with his annual letter

By DAVID KLEPPER Associated Press Russia is revving up its sophisticated propaganda machine as its military advances in Ukraine. Analysts who monitor propaganda and disinformation say they’ve seen a sharp increase in online activity linked to the Russian state in recent weeks. That’s in keeping with Russia’s strategy of using social media and state-run outlets

LONDON (AP) — British Airways has canceled dozens of flights from Heathrow Airport as it struggles to fix “technical issues” that have hobbled booking and check-in systems. The airline canceled all short-haul flights from the airport until midday Saturday. It said there would likely be delays to long-haul flights and there was likely to be

By JOE McDONALD AP Business Writer BEIJING (AP) — China is the only friend that might help Russia blunt the impact of economic sanctions over its invasion of Ukraine, but President Xi Jinping’s government is giving no sign it might be willing to risk its own access to U.S. and European markets by doing too